HTHTNasdaqHotels & MotelsFiscal year ends December 31Also trades as HWLDF

H World Group Ltd

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 24, 2026

$46.45−0.05 (-0.11%)

Close on Oct 19, 2026

H World Group Ltd income statement

Annual Quarterly TTM

CNY USD

Millions of CNY, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Revenue	25,307	23,891	21,882	13,862	12,785	10,196	11,212	10,063	8,229	6,573	5,775	4,965	–	3,225	2,250	1,738	1,334
Selling, General & Admin	3,532	3,684	3,158	2,288	2,186	1,856	1,487	1,199	976	701	583	530	423	327	262	191	141
Selling & Marketing	1,270	1,176	1,072	613	641	597	426	348	285	209	180	187	138	103	95	71	58
General & Administrative	2,262	2,508	2,086	1,675	1,545	1,259	1,061	851	691	492	403	342	285	224	168	120	84
Advertising Expenses	271	256	255	128	165	150	99	103	91	65	48	80	44	30	28	18	–
Total Costs & Expenses	18,973	19,050	17,568	14,705	13,607	11,925	9,236	7,945	6,874	5,715	5,205	4,594	3,816	3,012	2,150	1,482	1,184
Operating Income	6,819	5,200	4,714	-294	164	-1,686	2,108	2,344	1,426	841	601	389	381	220	107	256	76
Interest Expense	337	318	385	409	405	533	315	244	87	11	3.85	1.53	0.81	0.82	0.88	2.68	8.79
Interest & Investment Income	–	–	–	–	–	–	–	148	113	67	27	23	6.86	15	18	16	1.87
Income from Equity Investments	-26	-41	-14	-36	-60	-140	-164	-97	-12	6.00	-2.90	1.87	-0.43	–	–	–	–
Other Non-Operating Income	38	51	573	10	157	-89	331	203	128	134	6.98	2.88	1.91	2.21	2.65	–	–
Asset Impairment Charges	242	537	516	491	380	709	13	35	169	154	96	27	7.97	5.35	0.71	–	1.95
Gain (Loss) on Investments	98	13	806	-321	188	-284	477	-1,009	160	117	2.77	3.04	–	–	–	–	–
Gain (Loss) on Sale of Assets	–	–	–	4.00	14	-1.00	10	0	-13	-9.00	5.52	-0.80	11	–	0.09	0.41	–
Pretax Income	7,302	4,805	5,349	-1,606	-408	-2,279	2,565	1,393	1,597	1,047	639	414	389	234	143	279	69
Income Tax Expense	2,161	1,662	1,204	207	12	-215	640	569	357	279	197	113	105	54	25	57	18
Income from Continuing Operations	5,115	3,102	4,131	-1,849	-480	-2,204	–	–	–	–	–	–	–	–	–	–	–
Net Income incl. Noncontrolling Interests	5,115	3,102	4,131	-1,849	-480	-2,204	1,761	727	1,228	774	439	302	284	180	118	222	51
Minority Interest in Earnings	35	54	46	-28	-15	-12	-8.00	11	0	-8.00	2.78	-4.96	3.84	4.62	3.31	6.04	8.90
Net Income	5,080	3,048	4,085	-1,821	-465	-2,192	1,769	716	1,228	782	437	307	280	175	115	216	43
Net Income to Common	5,080	3,048	4,085	-1,821	-465	-2,192	1,769	716	1,228	782	437	307	280	175	115	208	–
EPS (Basic)(per share)	1.65	0.98	1.28	-0.59	-0.15	-0.75	0.62	0.25	0.44	0.28	0.17	0.12	0.11	0.07	0.05	0.11	0.02
EPS (Diluted)(per share)	1.60	0.96	1.25	-0.59	-0.15	-0.75	0.59	0.25	0.42	0.28	0.17	0.12	0.11	0.07	0.05	0.09	0.02
Shares Outstanding (Basic, Weighted)(shares)	3,071	3,115	3,183	3,111	3,114	2,927	2,843	2,817	2,793	2,751	2,505	2,490	2,452	2,433	2,419	1,985	576
Shares Outstanding (Diluted, Weighted)(shares)	3,247	3,278	3,351	3,111	3,114	2,927	3,043	3,036	2,931	2,829	2,561	2,530	2,495	2,470	2,462	2,345	1,836
EBITDA	8,076	6,532	6,128	1,162	1,667	-324	3,099	3,235	2,215	1,536	1,263	960	844	567	344	428	222

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, FY2025

Gross margin: –
Operating margin: 26.9%
Net margin: 20.1%
Return on equity, FY2025: 40.7%

Financial strength

Current ratio: 1.21
Debt to equity: 0.30
Debt to assets: 6.6%
Cash to current liabilities: 96.9%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.