Choice Hotels International (CHH) FY2024 results: revenue $1.6 billion, up 2.6% on the year
Choice Hotels International Inc. (CHH) reported revenue of $1.6 billion for fiscal 2024, the year ended 31 December 2024, up 2.6% on the year before. Net income was $300 million, up 15.9%, and diluted earnings per share $6.20. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2025.
Revenue
$1.6 billion
+2.6% on the year
FY2017FY2024
Operating margin
29.3%
24.3% a year earlier
FY2017FY2024
Net income
$300 million
+15.9% on the year
FY2017FY2024
Diluted EPS
$6.20
+22.3% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
319
297
367
+7.7%
Capital expenditure
107
68.6
65.8
+55.7%
Free cash flow
213
228
301
-6.7%
Free cash flow margin
13.4%
14.8%
21.5%
Cash from investing
-84.6
-266
-442
Cash from financing
-222
-45.9
-394
Depreciation and amortisation
52.0
45.0
30.4
+15.4%
Share-based compensation
38.4
40.5
40.5
-5.1%
Buybacks
381
363
435
+5.0%
Dividends paid
55.5
56.5
52.5
-1.7%
Dividend per share
$1.15
$0.29
$0.24
+300.0%
Diluted shares, weighted
48m
51m
55m
-5.2%
Shares outstanding at period end
47m
50m
52m
-5.4%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
-45.3
35.6
155
Debt
1,769
1,568
1,204
+12.8%
Operating lease liabilities
113
109
71.0
+3.4%
Other liabilities
694
682
673
+1.8%
Total liabilities and equity
2,531
2,395
2,102
+5.7%
Fixed assets
604
493
427
+22.5%
Goodwill
220
220
219
0.0%
Intangible assets
884
811
742
+9.0%
Cash and equivalents
40.2
26.8
41.6
+50.2%
Receivables
177
196
217
-9.8%
Other assets
605
647
456
-6.5%
Total assets
2,531
2,395
2,102
+5.7%
10-K for the year ended 31 December 2024, filed 20 February 2025: the filing.