HTHT · H World Group Ltd - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.62B | $3.27B | $3.08B | $2.01B | $2.01B | $1.56B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $321.00M | $344.00M | $294.00M | $243.00M | $242.00M | $193.00M |
| Total Operating Expenses | $2.71B | $2.61B | $2.48B | $2.13B | $2.13B | $1.83B |
| D&A | $180.00M | $183.00M | $199.00M | $211.00M | $236.00M | $208.00M |
| Operating Income | $975.00M | $713.00M | $662.00M | ($43.00M) | $26.00M | ($257.00M) |
| Interest Expense | $48.00M | $44.00M | $54.00M | $59.00M | $64.00M | $82.00M |
| Income Tax | $309.00M | $228.00M | $168.00M | $30.00M | $2.00M | ($33.00M) |
| Net Income | $726.00M | $418.00M | $575.00M | ($264.00M) | ($73.00M) | ($336.00M) |
| EPS - Basic | $0.24 | $0.13 | $0.18 | ($0.08) | ($0.02) | ($1.15) |
| EPS - Diluted | $0.23 | $0.13 | $0.18 | ($0.08) | ($0.02) | ($1.15) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.49B | $1.02B | $978.00M | $520.00M | $803.00M | $1.08B |
| Accounts Receivable | $104.00M | $112.00M | $106.00M | $161.00M | $82.00M | $62.00M |
| Inventory | $8.00M | $8.00M | $8.00M | $10.00M | $14.00M | $14.00M |
| Accounts Payable | $146.00M | $135.00M | $143.00M | $170.00M | $152.00M | $190.00M |
| Current Assets | $2.49B | $1.81B | $1.70B | $1.33B | $1.50B | $1.98B |
| Total Assets | $9.26B | $8.57B | $8.95B | $8.92B | $9.93B | $9.98B |
| Current Liabilities | $2.73B | $1.82B | $2.45B | $1.91B | $2.40B | $1.61B |
| Long-term Debt | $68.00M | $623.00M | $179.00M | $962.00M | $559.00M | $1.66B |
| Total Liabilities | $7.41B | $6.89B | $7.22B | $7.64B | $8.20B | $8.23B |
| Stockholders' Equity | $1.83B | $1.67B | $1.71B | $1.27B | $1.72B | $1.74B |
| Retained Earnings | $517.00M | $336.00M | $112.00M | ($174.00M) | $163.00M | $230.00M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.20B | $1.03B | $1.08B | $227.00M | $210.00M | $93.00M |
| Investing Cash Flow | ($149.00M) | ($307.00M) | ($207.00M) | ($76.00M) | ($219.00M) | ($1.24B) |
| Financing Cash Flow | ($616.00M) | ($754.00M) | ($523.00M) | ($201.00M) | ($283.00M) | $134.00M |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 26.9% | 21.8% | 21.5% | -2.1% | 1.3% | -16.4% |
| EBITDA margin | 31.9% | 27.4% | 27.9% | 8.4% | 13.1% | -3.1% |
| Net margin | 20.1% | 12.8% | 18.7% | -13.1% | -3.6% | -21.5% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 8.9% | 10.5% | 9.5% | 12.1% | 12.1% | 12.3% |
| Effective tax rate | 29.9% | 35.3% | 22.6% | - | - | - |
| Return on assets | 7.8% | 4.9% | 6.4% | -3.0% | -0.7% | -3.4% |
| Return on equity | 39.7% | 25.1% | 33.6% | -20.9% | -4.3% | -19.4% |
| Return on invested capital | 36.0% | 20.1% | 27.1% | -1.5% | 0.9% | -6.0% |
| Liquidity | ||||||
| Current ratio | 0.91 | 0.99 | 0.69 | 0.70 | 0.63 | 1.22 |
| Quick ratio | 0.91 | 0.99 | 0.69 | 0.69 | 0.62 | 1.21 |
| Cash ratio | 0.54 | 0.56 | 0.40 | 0.27 | 0.34 | 0.67 |
| Leverage | ||||||
| Debt / Equity | 0.04 | 0.37 | 0.10 | 0.76 | 0.33 | 0.96 |
| Debt / Assets | 0.01 | 0.07 | 0.02 | 0.11 | 0.06 | 0.17 |
| Debt / EBITDA | 0.06 | 0.70 | 0.21 | 5.73 | 2.13 | - |
| Interest coverage | 20.3x | 16.2x | 12.3x | -0.7x | 0.4x | -3.1x |
| Equity multiplier | 5.06 | 5.14 | 5.24 | 7.04 | 5.79 | 5.75 |
| Liabilities / Assets | 0.80 | 0.80 | 0.81 | 0.86 | 0.83 | 0.82 |
| Efficiency | ||||||
| Asset turnover | 0.39 | 0.38 | 0.34 | 0.23 | 0.20 | 0.16 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 10d | 12d | 13d | 29d | 15d | 14d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 204.6x | 254.1x | 185.8x | - | - | - |
| P / B | 83.4x | 64.9x | 65.6x | 104.2x | 67.8x | 7.6x |
| P / S | 42.2x | 33.1x | 36.4x | 65.7x | 58.0x | 8.4x |
| EV / EBITDA | 131.1x | 120.4x | 129.2x | 788.2x | 442.9x | - |
| Growth | ||||||
| Revenue growth (YoY) | 10.5% | 6.2% | 53.3% | 0.2% | 28.3% | -3.0% |
| Revenue CAGR (3y) | 21.6% | 17.7% | 25.4% | 7.7% | 11.1% | 7.6% |
| Revenue CAGR (5y) | 18.3% | 15.2% | 16.1% | 9.9% | 16.3% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 36.7% | 7.7% | - | - | - | - |
| Net income growth (YoY) | 73.7% | -27.3% | - | -261.6% | 78.3% | - |
| EPS growth (YoY) | 76.9% | -27.8% | - | -300.0% | 98.3% | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | -31.3% | -12.9% | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 9.8% | -2.4% | 35.0% | -26.2% | -1.2% | 63.6% |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
0.85
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Hotels & Motels
Comparing H World Group Ltd against the 5 most active filers in the same SIC group.
Dividends
$2.11/share trailing 12 months · +31.9% YoY
| Ex-date | Per share |
|---|---|
| May 4, 2026 | $1.3000 |
| Sep 9, 2025 | $0.8100 |
| Apr 9, 2025 | $0.9700 |
| Aug 14, 2024 | $0.6300 |
| Dec 20, 2023 | $0.9300 |
| Mar 23, 2022 | $0.2100 |
| Jan 9, 2020 | $0.3400 |
| Dec 31, 2018 | $0.3400 |
| Dec 1, 2017 | $0.1600 |
| Dec 28, 2015 | $0.1700 |