Wyndham Hotels & Resorts (WH) Gross Margin (2017 - 2026)
Wyndham Hotels & Resorts (WH) reported Gross Margin of 61.71% for Q3 2026, down 4.00 percentage points from 65.71% a year earlier and down 3.36 percentage points from the prior quarter.
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Analysis
Wyndham Hotels & Resorts (WH) Gross Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Wyndham Hotels & Resorts' Gross Margin came in at 61.83%, up 0.82 percentage points year-over-year; for FY2025, it came in at 60.46%, up 0.80 percentage points from FY2024.
- Gross Margin has increased for five consecutive years, with a five-year change of +19.62 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 59.66% in FY2024 (+1.32 pp), 58.34% in FY2023 (+2.93 pp), 55.41% in FY2022 (+4.61 pp) and 50.80% in FY2021 (+9.95 pp).
- Five-year quarterly Gross Margin spans a low of 48.72% in Q4 2021 and a high of 65.71% in Q3 2025.
- Year over year, Gross Margin gained in five of the last eight quarters, with an average year-over-year change of +1.18 percentage points.
- The high point for year-over-year Gross Margin in five years was Q1 2022 (a gain of 10.94 percentage points); the low point was Q3 2026 (a drop of 4.00 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 65.07% (Q2 2026), 59.94% (Q1 2026) and 60.18% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 109.34 Bn | 107.61 Bn | 1.54 Bn | 22.03% |
| 2 | Royal Caribbean Cruises | 89.87 Bn | 86.81 Bn | 2.88 Bn | 51.51% |
| 3 | Hilton Worldwide Holdings | 83.41 Bn | 80.14 Bn | 3.05 Bn | 91.85% |
| 4 | Carnival | 41.82 Bn | 35.01 Bn | - | - |
| 5 | Viking Holdings | 38.88 Bn | 24.00 Bn | 996.62 Mn | 45.50% |
| 6 | Trip.com | 29.15 Bn | -6.13 Bn | - | - |
| 7 | Intercontinental Hotels | 27.82 Bn | 23.37 Bn | - | - |
| 8 | Hyatt Hotels | 17.47 Bn | 14.89 Bn | 384.00 Mn | 22.03% |
| 9 | H World | 15.34 Bn | 7.60 Bn | - | - |
| 10 | Wyndham Hotels & Resorts | 5.89 Bn | 5.61 Bn | 253.00 Mn | 61.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 61.71% |
| Jun 30, 2026 | 65.07% |
| Mar 31, 2026 | 59.94% |
| Dec 31, 2025 | 60.18% |
| Sep 30, 2025 | 65.71% |
| Jun 30, 2025 | 59.19% |
| Mar 31, 2025 | 56.33% |
| Dec 31, 2024 | 62.17% |
| Sep 30, 2024 | 61.87% |
| Jun 30, 2024 | 57.49% |
| Mar 31, 2024 | 56.72% |
| Dec 31, 2023 | 61.37% |
| Sep 30, 2023 | 59.20% |
| Jun 30, 2023 | 54.70% |
| Mar 31, 2023 | 58.79% |
| Dec 31, 2022 | 50.60% |
| Sep 30, 2022 | 56.02% |
| Jun 30, 2022 | 57.25% |
| Mar 31, 2022 | 57.14% |
| Dec 31, 2021 | 48.72% |
API Access
Wyndham Hotels & Resorts Gross Margin 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=gross-margin&ticker=WH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();