Wyndham Hotels & Resorts (WH) Gross Margin (2017 - 2026)
Wyndham Hotels & Resorts (WH) recorded quarterly Gross Margin of 92.35% in Q1 2026, up 29.06% quarter-over-quarter from 71.56% in Q4 2025, and down 163.0% on a YoY basis from 146.59% in Q1 2025.
Wyndham Hotels & Resorts (WH) Gross Margin (2017 - 2026) Analysis & Trends
Wyndham Hotels & Resorts' Gross Margin history runs 10 years deep, the most recent figure standing at 92.35% for Q1 2026.
- In Q1 2026, Gross Margin fell 163.0% year-over-year to 92.35%; the TTM figure through Mar 2026 stood at 87.92% (down 638.0% YoY), while the FY2025 annual figure was 88.24%, down 600.0% from the prior year.
- Gross Margin was 92.35% for Q1 2026 at Wyndham Hotels & Resorts, up from 71.56% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 95.37% in Q2 2024 to a low of 71.56% in Q4 2025.
- Historically, Gross Margin has averaged 91.77% across 5 years, with a median of 93.61% in 2023.
- The sharpest annual moves came in 2022 and 2025: Gross Margin jumped 4450 bps in 2022, then slumped 2199 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 88.95% in 2022, then climbed by 2 bps to 90.58% in 2023, then climbed by 3 bps to 93.55% in 2024, then decreased by 24 bps to 71.56% in 2025, then advanced by 29 bps to 92.35% in 2026.
- The last three Gross Margin figures came in at 92.35% (Q1 2026), 71.56% (Q4 2025), and 92.41% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 106.28 Bn | 105.82 Bn | 6.38 Bn | 95.81% |
| 2 | Hilton Worldwide Holdings | 80.50 Bn | 79.97 Bn | - | - |
| 3 | Intercontinental Hotels | 26.35 Bn | 25.21 Bn | - | - |
| 4 | Hyatt Hotels | 18.67 Bn | 18.32 Bn | 1.75 Bn | 100.00% |
| 5 | Wyndham Hotels & Resorts | 6.42 Bn | 6.34 Bn | 302.00 Mn | 92.35% |
| 6 | Choice Hotels International | 5.30 Bn | 5.26 Bn | 316.92 Mn | 93.06% |
| 7 | Atour Lifestyle Holdings | 2.06 Bn | -359.74 Bn | 241.80 Mn | 59.33% |
| 8 | Civeo | 370.36 Mn | 353.81 Mn | 40.16 Mn | 23.26% |
| 9 | GreenTree Hospitality | 5.49 Mn | -227.74 Mn | 26.57 Mn | 81.27% |
| 10 | H World | 1,693.88 | -1.44 Bn | 824.36 Mn | 94.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 92.35% |
| Dec 31, 2025 | 71.56% |
| Sep 30, 2025 | 92.41% |
| Jun 30, 2025 | 93.70% |
| Mar 31, 2025 | 93.99% |
| Dec 31, 2024 | 93.55% |
| Sep 30, 2024 | 94.19% |
| Jun 30, 2024 | 95.37% |
| Mar 31, 2024 | 93.77% |
| Dec 31, 2023 | 90.58% |
| Sep 30, 2023 | 94.03% |
| Jun 30, 2023 | 93.65% |
| Mar 31, 2023 | 93.61% |
| Dec 31, 2022 | 88.95% |
| Sep 30, 2022 | 95.09% |
| Jun 30, 2022 | 92.75% |
| Mar 31, 2022 | 90.57% |
| Dec 31, 2021 | 44.44% |
| Sep 30, 2021 | 92.87% |
| Jun 30, 2021 | 92.36% |