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Wyndham Hotels & Resorts, Inc. (WH)

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Wyndham Hotels & Resorts, Inc. (WH) reported revenue of $375 million for Q2 FY2026, the quarter ended 30 June 2026, down 5.5% on the same quarter a year earlier. Net income was $102 million, up 17.2% on the year, and diluted earnings per share $1.36. The figures are the company's own, from the 10-Q it filed with the SEC on 23 July 2026.

Revenue$375 milliondown 5.5%
Net income$102 millionup 17.2%
Diluted EPS$1.36
QuarterQ2 FY2026ended 30 June 2026

Wyndham Hotels & Resorts (WH) in brief

Wyndham Hotels & Resorts (WH) reported revenue of $1.4 billion for fiscal 2025, the year ended 31 December 2025, up 1.5% on the year before.
Read moreNet income was $193 million and diluted earnings per share $2.50. Revenue was $1.4 billion in fiscal 2024, $1.4 billion in fiscal 2023, $1.5 billion in fiscal 2022 and $1.6 billion in fiscal 2021. Net income in the same years was $289 million, $289 million, $355 million and $244 million. Over the twelve months to 30 June 2026, Wyndham Hotels & Resorts reported revenue of $1.4 billion and net income of $208 million. Revenue grew 1.9% a year, compounded, over the five years to fiscal 2025. Wyndham Hotels & Resorts declared $1.64 a share in dividends over the last four quarters and had 74 million shares outstanding at the latest filed count. At 30 June 2026 it carried $2.7 billion of debt and $69 million of cash. At the close of 8 October 2026 the market cap of Wyndham Hotels & Resorts was $5.4 billion, 27.0 times its earnings over the last twelve months.

Ratios

From the filings

ROE43.3%
ROCE13.7%
Operating margin30.2%
Net margin14.7%
FCF margin22.8%
Interest cover3.01
Debt to equity5.53
Cash conversion1.78
Share count, 1 year-2.8%
Sales CAGR, 3 years-1.6%
Profit CAGR, 3 years-18.4%
EPS, TTM$2.72

At the close of 8 October 2026

Price$73.36
Market cap$5.4 billion
Stock P/E26.97
Price to book11.34
EV / EBITDA16.35
Dividend yield2.2%
Market cap / sales3.84
52-week high$89.91
52-week low$67.15
Price, 1 year-7.4%
Price CAGR, 3 years2.9%
Price CAGR, 5 years-2.5%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest daily close from SimFin. Debt to equity here stands on the one borrowings figure Wyndham Hotels & Resorts, Inc. files, which has finance leases inside it; operating leases are a separate line. Nothing here is a valuation or a view.
WHgreeksoup.ai
Daily closes to 8 October 2026, adjusted for splits; prices from SimFin.
Read moreDay by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on WH

Filings19 in twelve months: 11 current reports (8-K), about 6 regulation fd disclosure; 4 results of operations; 4 officer or director change; 3 other events; 2 material agreement
Planned insider sales12 Form 144 notices in twelve months, $15.7 million; latest 17 August 2026
Options tapeput/call 1.08 by open interest at the 8 October 2026 close; the straddle prices a 4.9% move to 16 October 2026
13F holders8 of the followed funds hold it; largest Norges Bank; 8 Schedule 13D or 13G filings in twelve months
Insider trading17 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest6.9 million shares short, 5.75 days to cover at 15 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue402307305367396340316397382334327375
Operating income16310450.0145171129112150178-38.0114174
Operating margin41%34%16%40%43%38%35%38%47%-11%35%46%
Interest expense27.029.028.030.034.032.033.034.036.036.034.036.0
Pre-tax income13675.022.011213797.079.0116142-74.080.0138
Tax rate24%35%27%23%26%12%23%25%26%n/a24%26%
Net income10349.016.086.010285.061.087.0105-60.061.0102
Net margin26%16%5%23%26%25%19%22%27%-18%19%27%
Diluted EPS$1.21$0.60$0.19$1.07$1.29$1.08$0.78$1.13$1.36-$0.80$0.80$1.36
Operating cash flow77.012376.01.079.013459.070.086.015242.091.0
Capital expenditure10.09.09.07.08.025.07.012.011.016.07.014.0
Free cash flow67.011467.0-6.071.010952.058.075.013635.077.0
Buybacks97.013255.013197.027.074.079.070.043.051.056.0
Dividends paid29.028.032.031.029.030.033.032.031.031.034.032.0
Shares outstanding83m102m81m79m78m78m77m76m76m75m75m74m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free 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. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 10 fiscal years and the trailing twelve months

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue1,2691,2801,8682,0531,3001,5651,4981,3971,4081,4291,418
Operating income295249283307-46.0446558503495402428
Operating margin23.2%19.5%15.1%15.0%-3.5%28.5%37.2%36.0%35.2%28.1%30.2%
Interest expense1.06.060.010011293.080.0102124139142
Pre-tax income294243223207-158335476398368263286
Income tax11813.061.050.0-26.091.012110979.070.078.0
Effective tax rate40.1%5.3%27.4%24.2%n/a27.2%25.4%27.4%21.5%26.6%27.3%
Net income176230162157-132244355289289193208
Net margin13.9%18.0%8.7%7.6%-10.2%15.6%23.7%20.7%20.5%13.5%14.7%
Diluted EPS$1.76$2.31$1.62$1.62-$1.42$2.60$3.91$3.41$3.61$2.50$2.72
Filing10-K10-Q10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
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.

Revenue by region

FY2023FY2024FY2025Share
latest year
United States1,1421,1251,13479.4%
Non-US25528329520.6%
United StatesNon-US
1,397FY20231,408FY20241,429FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow26427823110067.0426399376290367371
Capital expenditure42.046.073.050.033.037.039.037.049.046.048.0
Free cash flow22223215850.034.0389360339241321323
Free cash flow margin17.5%18.1%8.5%2.4%2.6%24.9%24.0%24.3%17.1%22.5%22.8%
Cash from investing-114-197-1,728-53.0-31.0-34.0179-66.0-65.0-103-54.0
Cash from financing-161-51.01,808-320363-713-584-402-175-314-277
Depreciation and amortisation55.055.068.071.098.095.077.076.071.062.063.0
Share-based compensation10.011.09.020.021.028.033.039.045.043.043.0
Buybacks0.00.011724250.0107448393310266220
Dividends paid0.00.077.011253.082.0116118122127128
Dividend per sharen/an/a$0.75$1.16$0.56$0.88$1.28$1.40$1.52$1.64n/a
Diluted shares, weighted100m100m100m97m93m94m91m85m80m77m75m
Shares outstanding at period endn/a098m101m101m101m102m102mn/an/a74m
Filing10-K10-Q10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity1,0851,2621,4181,2129631,089962746650468480
Debtn/a0.02,1202,1012,5762,0632,0572,1642,4202,5152,652
Operating lease liabilitiesn/an/an/a24.011.010.07.06.06.03.0n/a
Finance lease liabilitiesn/an/a59.055.050.045.040.033.00.0n/an/a
Other liabilitiesn/a8751,3791,1411,0441,0621,0571,0841,1471,1961,200
Total liabilities and equityn/a2,1374,9764,5334,6444,2694,1234,0334,2234,1824,332
Owned
Fixed assetsn/a25032630727810699.088.094.0104148
Goodwill3774231,5471,5391,5251,5251,5251,5251,5251,5251,525
Intangible assetsn/a260594553513474375347318282n/a
Cash and equivalents30.057.036694.049317116166.010364.069.0
Receivablesn/a194293304295246234241271291331
Other assets1,5919531,8501,7361,5401,7471,7291,7661,9121,9162,259
Total assets1,9982,1374,9764,5334,6444,2694,1234,0334,2234,1824,332
Filing10-K10-Q10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a1.9%-1.6%-2.1%
Profit growth, compoundedn/an/a-18.4%-37.9%
Return on equity, average22.9%36.7%41.5%41.2%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Restaurants, Hotels, Motels

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Marriott International Inc. MAR$94.2 billion37.42n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$73.0 billion47.47n/a23.3%8.7%n/a0.2%
InterContinental Hotels Group PLC IHG *$24.2 billion32.78n/a23.1%5.4%n/a1.1%
Las Vegas Sands Corp. LVS$23.4 billion14.05297.2%21.5%18.1%23.572.8%
Hyatt Hotels Corp. H$15.4 billion194.432.4%n/a5.8%1.110.4%
Wynn Resorts Ltd. WYNN$7.8 billion18.68n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.6 billion18.1916.9%5.7%3.2%2.410.0%
Wyndham Hotels & Resorts, Inc. WH$5.4 billion26.9743.3%30.2%-2.1%5.532.2%
Boyd Gaming Corp. BYD$5.1 billion3.0872.7%16.4%1.7%1.051.0%
Choice Hotels International Inc. CHH$4.7 billion14.81230.9%25.2%2.6%14.081.1%
Travel & Leisure Co. TNL$3.8 billion17.11n/a13.7%4.5%n/a3.7%
Park Hotels & Resorts Inc. PK$3.1 billionn/a-5.3%2.0%-1.4%1.276.6%
All 24 in Restaurants, Hotels, Motels
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$167.6 billion19.24n/a46.2%6.3%n/a3.0%
Starbucks Corp. SBUX$106.3 billion53.57n/a7.8%4.5%n/a2.7%
Marriott International Inc. MAR$94.2 billion37.42n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$73.0 billion47.47n/a23.3%8.7%n/a0.2%
Chipotle Mexican Grill Inc. CMG$41.4 billion29.9864.5%14.7%7.3%0.00n/a
Yum! Brands, Inc. YUM$39.0 billion17.99n/a31.0%10.3%n/a2.0%
InterContinental Hotels Group PLC IHG *$24.2 billion32.78n/a23.1%5.4%n/a1.1%
Las Vegas Sands Corp. LVS$23.4 billion14.05297.2%21.5%18.1%23.572.8%
Darden Restaurants Inc. DRI$22.7 billion19.6057.2%11.7%8.1%0.793.0%
Hyatt Hotels Corp. H$15.4 billion194.432.4%n/a5.8%1.110.4%
Aramark ARMK$14.6 billion38.8411.3%4.4%11.0%1.800.8%
Texas Roadhouse, Inc. TXRH$10.7 billion26.0426.5%7.7%9.9%0.031.7%
Brinker International, Inc. EAT$8.0 billion17.47109.8%10.7%7.9%0.950.6%
Wynn Resorts Ltd. WYNN$7.8 billion18.68n/a15.7%6.4%n/a1.3%
MGM Resorts International MGM$7.6 billion18.1916.9%5.7%3.2%2.410.0%
Cava Group, Inc. CAVA$6.3 billion98.757.9%5.2%26.8%0.00n/a
Dutch Bros Inc. BROS$6.1 billion55.2511.6%9.6%29.6%0.25n/a
Wyndham Hotels & Resorts, Inc. WH$5.4 billion26.9743.3%30.2%-2.1%5.532.2%
Boyd Gaming Corp. BYD$5.1 billion3.0872.7%16.4%1.7%1.051.0%
Choice Hotels International Inc. CHH$4.7 billion14.81230.9%25.2%2.6%14.081.1%
Travel & Leisure Co. TNL$3.8 billion17.11n/a13.7%4.5%n/a3.7%
Wingstop Inc. WING$3.2 billion28.15n/a27.9%7.6%n/a1.0%
Park Hotels & Resorts Inc. PK$3.1 billionn/a-5.3%2.0%-1.4%1.276.6%
Hilton Grand Vacations Inc. HGV$2.7 billion19.5313.7%9.9%5.4%4.42n/a
11 companies share its SEC industry code (Hotels & Motels); the rest are the names nearest in size in its wider industry, Restaurants, Hotels, Motels, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202623 July 2026EDGAR
10-Q31 March 202630 April 2026EDGAR
10-K31 December 202519 February 2026EDGAR
10-Q30 September 202523 October 2025EDGAR
10-Q30 June 202524 July 2025EDGAR
10-Q31 March 20251 May 2025EDGAR
10-K31 December 202413 February 2025EDGAR
10-Q30 September 202424 October 2024EDGAR
10-Q30 June 202425 July 2024EDGAR
10-Q31 March 202425 April 2024EDGAR

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