H World (HTHT) Tax Rate (2017 - 2020)
H World's Tax Rate came in at -30.61% for the quarter ended Jun 30, 2026, down 4.01 percentage points from -26.60% a year earlier but up 6.83 percentage points from the prior quarter.
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Analysis
H World (HTHT) Tax Rate (2017 - 2020) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, H World reported Tax Rate of -32.18%, up 0.70 percentage points year-over-year; for the year ended Dec 31, 2025, it was 29.60%, down 4.50 percentage points from the prior year.
- Tax Rate carries a five-year change of +20.17 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Tax Rate was 34.10% in the year ended Dec 31, 2024 (+11.75 pp), 22.34% in the year ended Dec 31, 2023 (+35.22 pp), -12.88% in the year ended Dec 31, 2022 (-9.75 pp) and -3.13% in the year ended Dec 31, 2021 (-12.55 pp).
- The five-year range for quarterly Tax Rate is -272.73% (the quarter ended Dec 31, 2022) to 17.80% (the quarter ended Mar 31, 2022).
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -2.74 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in the quarter ended Dec 31, 2023 (a gain of 245.83 percentage points), and the weakest in the quarter ended Dec 31, 2022 (a drop of 277.49 percentage points).
- Business Quant data shows HTHT's Tax Rate at -37.43% (quarter ended Mar 31, 2026), -32.54% (quarter ended Dec 31, 2025) and -30.33% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 26.63% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 29.12% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 1.22% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | - |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 3.06% |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 40.11% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 9.90% |
| Sep 30, 2020 | 21.88% |
| Jun 30, 2020 | 12.20% |
| Sep 30, 2017 | 25.01% |
API Access
H World Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HTHT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HTHT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HTHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();