Wyndham Hotels & Resorts (WH) Operating Margin (2017 - 2026)
Wyndham Hotels & Resorts (WH) posted Operating Margin of 41.95% for Q3 2026, down 4.65 percentage points from 46.60% a year earlier and down 4.45 percentage points from the prior quarter.
Wyndham Hotels & Resorts (WH) Operating Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at Wyndham Hotels & Resorts was 29.32%, down 10.30 percentage points year-over-year; for FY2025, it was 28.13%, down 7.02 percentage points from FY2024.
- Annual Operating Margin has declined for three consecutive years, though with a five-year change of +31.67 percentage points (FY2020 to FY2025).
- In prior years, Wyndham Hotels & Resorts' Operating Margin was 35.16% in FY2024 (-0.85 pp), 36.01% in FY2023 (-1.24 pp), 37.25% in FY2022 (+8.75 pp) and 28.50% in FY2021 (+32.04 pp).
- Quarterly Operating Margin has run from a low of -10.78% in Q4 2025 to a high of 46.60% in Q3 2025 over five years.
- On a year-over-year basis, Operating Margin increased in four of the last eight quarters, with an average year-over-year change of -2.38 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2022, with a gain of 22.33 percentage points; the weakest was Q4 2025, with a drop of 48.61 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 46.40% (Q2 2026), 34.86% (Q1 2026) and -10.78% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 109.34 Bn | 107.61 Bn | 1.54 Bn | 18.19% |
| 2 | Royal Caribbean Cruises | 89.87 Bn | 86.81 Bn | 2.88 Bn | 33.46% |
| 3 | Hilton Worldwide Holdings | 83.41 Bn | 80.14 Bn | 3.05 Bn | 27.34% |
| 4 | Carnival | 41.82 Bn | 35.01 Bn | - | 26.32% |
| 5 | Viking Holdings | 38.88 Bn | 24.00 Bn | 996.62 Mn | 29.40% |
| 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 | -66.38% |
| 9 | H World | 15.34 Bn | 7.60 Bn | - | - |
| 10 | Wyndham Hotels & Resorts | 5.89 Bn | 5.61 Bn | 253.00 Mn | 41.95% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 41.95% |
| Jun 30, 2026 | 46.40% |
| Mar 31, 2026 | 34.86% |
| Dec 31, 2025 | -10.78% |
| Sep 30, 2025 | 46.60% |
| Jun 30, 2025 | 37.78% |
| Mar 31, 2025 | 35.44% |
| Dec 31, 2024 | 37.83% |
| Sep 30, 2024 | 43.18% |
| Jun 30, 2024 | 39.51% |
| Mar 31, 2024 | 16.39% |
| Dec 31, 2023 | 32.40% |
| Sep 30, 2023 | 40.55% |
| Jun 30, 2023 | 33.98% |
| Mar 31, 2023 | 36.10% |
| Dec 31, 2022 | 27.84% |
| Sep 30, 2022 | 39.31% |
| Jun 30, 2022 | 37.56% |
| Mar 31, 2022 | 43.13% |
| Dec 31, 2021 | 22.45% |
Wyndham Hotels & Resorts Operating 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=operating-margin&ticker=WH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=WH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();