H World Group
HTHT
41.93
-0.12
-0.29%
H World Group
US · HTHT
#1232 by market cap
Listed 2010
41.93
-0.12
-0.29%
Live - 5344 symbols - heartbeat 478s ago
· 2026-10-07 21:30
After-hours
41.93
0.00%
Overnight
41.86
-0.17%
- Market cap
- 12.89B
- P/E (TTM)i
- 17.25
- P/Bi
- 6.14
- EPSi
- 2.39
- Div yieldi
- 5.15%
- 52W posi
- 36%
Reader sentiment
Are you bullish or bearish on HTHT?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.93, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +5.93% YoY
Margins
- Gross margin
- 39.39%
- Operating margin
- 26.95%
- Net margin
- 20.07%
Key ratios & quality
- Enterprise valuei
- 6.97B
- Altman Z-Scorei
- 0.93
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10.06B | 11.21B | 10.20B | 12.79B | 13.86B | 21.88B | 23.89B | 25.31B |
| Gross profit | 3.59B | 4.02B | 467.00M | 1.50B | 1.60B | 7.54B | 8.61B | 9.97B |
| Selling & admin expenses | 1.44B | 1.96B | 2.12B | 2.26B | 2.29B | 3.16B | 3.68B | 3.53B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 2.34B | 2.11B | -1.25B | 164.00M | -294.00M | 4.72B | 5.20B | 6.82B |
| Pretax profit | 1.39B | 2.57B | -2.28B | -408.00M | -1.61B | 5.35B | 4.81B | 7.30B |
| Tax | 569.00M | 640.00M | -215.00M | 12.00M | 207.00M | 1.20B | 1.66B | 2.16B |
| Net profit | 727.00M | 1.76B | -2.20B | -480.00M | -1.85B | 4.13B | 3.10B | 5.12B |
| Basic EPS | 3 | 6 | -8 | -2 | -6 | 13 | 10 | 17 |
| Diluted EPS | 2.49 | 5.90 | -7.50 | -1.50 | -5.90 | 12.50 | 9.60 | 16.00 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 5.40B | 6.43B | 6.96B | 6.53B | 6.00B | 7.12B |
| Gross profit | 1.79B | 2.67B | 2.90B | 2.60B | 2.34B | 3.09B |
| Selling & admin expenses | 755.00M | 969.00M | 884.00M | 924.00M | 846.00M | 1.03B |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 1.08B | 1.79B | 2.05B | 1.90B | 1.49B | 2.22B |
| Pretax profit | 1.28B | 2.13B | 2.14B | 1.76B | 1.29B | 2.24B |
| Tax | 377.00M | 565.00M | 648.00M | 571.00M | 481.00M | 687.00M |
| Net profit | 899.00M | 1.56B | 1.47B | 1.19B | 819.00M | 1.58B |
| Basic EPS | 3 | 5 | 5 | 4 | 3 | -2 |
| Diluted EPS | 2.80 | 4.80 | 4.60 | 3.70 | 2.60 | -1.60 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 6.97B | 18.26B | 12.88B | 9.55B | 9.18B | 12.06B | 13.22B | 17.44B |
| Cash & ST investments | 4.35B | 6.14B | 10.93B | 7.71B | 5.37B | 9.14B | 11.08B | 15.28B |
| Inventory | 41.00M | 57.00M | 89.00M | 88.00M | 70.00M | 59.00M | 60.00M | 57.00M |
| Total assets | 23.99B | 52.98B | 65.16B | 63.27B | 61.51B | 63.53B | 62.55B | 64.77B |
| Total current liabilities | 5.97B | 17.29B | 10.53B | 15.28B | 13.15B | 17.41B | 13.32B | 19.13B |
| Short-term debt | 948.00M | 11.58B | 4.58B | 9.90B | 7.10B | 7.70B | 4.42B | 8.87B |
| Long-term debt | 8.81B | 8.08B | 10.72B | 3.39B | 6.64B | 1.27B | 4.55B | 479.00M |
| Total liabilities | 17,674,000,000.00 | 45,483,000,000.00 | 53,723,000,000.00 | 52,225,000,000.00 | 52,704,000,000.00 | 51,283,000,000.00 | 50,281,000,000.00 | 51,816,000,000.00 |
| Total equity | 6.32B | 7.50B | 11.43B | 11.04B | 8.80B | 12.25B | 12.27B | 12.96B |
| Retained earnings | 2.61B | 3.70B | 1.50B | 1.04B | -1.20B | 794.00M | 2.45B | 3.61B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 13.06B | 15.67B | 15.52B | 17.44B | 17.80B | 17.76B |
| Cash & ST investments | 10.87B | 12.45B | 13.16B | 15.28B | 15.67B | 15.56B |
| Inventory | 58.00M | 62.00M | 61.00M | 57.00M | 52.00M | 52.00M |
| Total assets | 61.56B | 64.78B | 63.55B | 64.77B | 64.16B | 63.62B |
| Total current liabilities | 14.86B | 19.38B | 18.30B | 19.13B | 19.07B | 14.70B |
| Short-term debt | 4.29B | 10.07B | 9.38B | 8.87B | 7.28B | 4.54B |
| Long-term debt | 4.42B | 777.00M | 722.00M | 479.00M | 2.44B | 3.32B |
| Total liabilities | 50,937,000,000.00 | 52,486,000,000.00 | 51,529,000,000.00 | 51,816,000,000.00 | 53,062,000,000.00 | 49,380,000,000.00 |
| Total equity | 10.62B | 12.29B | 12.02B | 12.96B | 11.10B | 14.24B |
| Retained earnings | 1.21B | 2.75B | 2.44B | 3.61B | 1.68B | 3.13B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3.05B | 3.29B | 609.00M | 1.34B | 1.56B | 7.67B | 7.52B | 8.38B |
| Depreciation & amortization | 891.00M | 991.00M | 1.36B | 1.50B | 1.46B | 1.41B | 1.33B | 1.26B |
| Free cash flow | 1.85B | 1.76B | -1.17B | -333.00M | 511.00M | 6.77B | 6.62B | 7.54B |
| Dividends paid | 0 | -658.00M | -678.00M | 0 | -416.00M | 0 | -3.48B | -3.91B |
| Stock buybacks / issuance | 0 | 0 | 6.02B | 0 | -334.00M | 1.13B | -1.17B | -783.00M |
| Ending cash balance | 4.88B | 14.00B | 7.09B | 5.14B | 5.09B | 7.71B | 7.52B | 10.53B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 580.00M | 2.66B | 1.70B | 3.44B | 233.00M | 3.41B |
| Depreciation & amortization | 319.00M | 317.00M | 319.00M | 302.00M | 292.00M | 318.00M |
| Free cash flow | 340.00M | 2.47B | 1.49B | 3.24B | 51.00M | 3.24B |
| Dividends paid | -- | -2.14B | -1.77B | 0 | -- | -- |
| Stock buybacks / issuance | -430.00M | -13.00M | -3.00M | -337.00M | 0 | -1.86B |
| Ending cash balance | 8.31B | 10.52B | 7.27B | 10.53B | 12.50B | 14.39B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 11.35 | 26.10 | -23.43 | -4.18 | -18.52 | 39.16 | 25.07 | 40.67 |
| ROA %i | 3.46 | 4.60 | -3.71 | -0.72 | -2.92 | 6.53 | 4.83 | 7.98 |
| ROIC %i | 5.75 | 6.15 | -3.57 | -0.41 | -2.93 | 8.33 | 6.52 | 10.70 |
| 5-year avg ROE %i | 14.76 | 17.94 | 10.63 | 6.25 | -1.69 | 3.83 | 3.62 | 16.44 |
| EBIT margin %i | 16.27 | 25.69 | -17.12 | -0.02 | -8.64 | 26.20 | 21.44 | 30.19 |
| FCF / sales %i | 18.42 | 15.68 | -- | -- | 3.69 | 30.95 | 27.71 | 29.80 |
| Current ratioi | 1.17 | 1.06 | 1.22 | 0.63 | 0.70 | 0.69 | 0.99 | 0.91 |
| Quick ratioi | 0.81 | 0.39 | 1.12 | 0.56 | 0.52 | 0.59 | 0.92 | 0.86 |
| Debt / assetsi | 40.68 | 72.03 | 69.04 | 69.80 | 71.35 | 56.48 | 56.66 | 55.68 |
| LT debt / equityi | 142.73 | 360.21 | 356.58 | 313.32 | 421.41 | 232.20 | 254.77 | 212.39 |
| Interest coveragei | 6.71 | 9.14 | -3.28 | -0.01 | -2.93 | 14.89 | 16.11 | 22.67 |
| Revenue CAGR (3Y) %i | 20.34 | 19.48 | 7.41 | 8.31 | 7.33 | 28.99 | 23.17 | 22.22 |
| Net income CAGR (3Y) %i | 17.93 | 31.27 | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | 18.53 | 4.31 | -- | -- | -33.76 | -- | -- | 145.28 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 28.83 | 30.40 | -- | 40.67 | 46.67 | 38.39 |
| ROA %i | 5.34 | 5.91 | -- | 7.98 | 7.96 | 7.84 |
| ROIC %i | 7.13 | 7.78 | -- | 10.70 | 10.99 | 10.35 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 22.63 | 25.01 | -- | 30.19 | 29.54 | 29.10 |
| FCF / sales %i | 26.47 | 27.97 | -- | 29.80 | 27.99 | 30.16 |
| Current ratioi | 0.88 | 0.81 | 0.85 | 0.91 | 0.93 | 1.21 |
| Quick ratioi | 0.82 | 0.70 | 0.79 | 0.86 | 0.88 | 1.13 |
| Debt / assetsi | 57.06 | 58.30 | 58.47 | 55.68 | 55.73 | 53.81 |
| LT debt / equityi | 293.82 | 227.95 | 233.86 | 212.39 | 260.20 | 210.92 |
| Interest coveragei | 17.58 | 19.22 | -- | 22.67 | 22.58 | 24.89 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Legacy Huazhu is the largest reported line at 81.14% of revenue, across 3 reported segments.
- The next-largest line, Legacy DH (Deutsche Hospitality), is a distant second at 18.94% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Legacy Huazhu81.14%
Legacy DH (Deutsche Hospitality)18.94%
Region
China81.00%
Germany13.44%
All Others5.56%
Quote time 2026-10-07 21:30:00 · For reference only, not investment advice and not tailored to your situation.