WYNDHAM HOTELS & RESORTS, INC. (WH)
Wyndham Hotels & Resorts, Inc. functions internationally as a prominent hotel franchisor. Its business activities are primarily structured around two segments: Hotel Franchising and Hotel Management. Through Hotel Franchising, the company grants licenses for its diverse lodging brands and extends a range of associated services to independent hotel proprietors and other entities. Conversely, its Hotel Management segment delivers comprehensive management services for both full-service and limited-service properties. A significant part of its offerings also includes overseeing a loyalty rewards program. The company boasts a vast collection of hotel brands, encompassing well-recognized names like Super 8, Days Inn, Travelodge, Microtel, Howard Johnson, La Quinta, Ramada, Baymont, AmericInn, Wingate, Wyndham Alltra, Wyndham Garden, Ramada Encore, Hawthorn, Registry Collection, Trademark Collection, TRYP, Dazzler, Esplendor, Wyndham Grand, Dolce, and Wyndham. By August 9, 2022, its global footprint comprised 22 distinct hotel brands, covering roughly 9,000 hotels and an estimated 819,000 rooms across nearly 95 countries. Incorporated in 2017, the enterprise maintains its primary offices in Parsippany, New Jersey.
Sector: Hotels & Motels
Industry: Travel Lodging
Wyndham Hotels & Resorts, Inc.
NYSE:WHConsumer Cyclical · Travel Lodging
-3.53%$72.42
AH Close$72.42+0.00%vs close
AH Close$72.42+0.00%vs close
Mkt Cap$5.37B
Float73.15M
O/S74.21M
Inst Own-
SI10.4%
Div Yield2.35%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.43B
Net Income$193M
Total Assets$4.18B
Free Cash Flow$321M
Debt & Equity
Debt 87%
Equity 13%
Total Debt$3.06B
Total Equity$468M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in WH's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$4.18B
Liabilities$3.71B
Accounts Receivable$291M
Accounts Payable$38M
Inventory$0
PP&E (Net)$104M
Goodwill$1.52B
Intangible Assets$282M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Revenue | $1.43B | $1.41B | $1.4B | $1.5B | $1.56B | $1.3B | $2.05B | $1.87B | $1.35B | $1.27B | $1.3B |
| YoY Growth | 1.5% | 0.8% | -6.7% | -4.3% | 20.4% | -36.7% | 9.9% | 38.7% | 6.1% | -2.5% | - |
| Cost of Revenue | $588M | $0 | $582M | $668M | $770M | $769M | $1.19B | $1.07B | $670M | $647M | $690M |
| Gross Profit | $841M | $1.41B | $815M | $830M | $795M | $531M | $867M | $796M | $677M | $622M | $611M |
| Gross Margin | 58.9% | 100.0% | 58.3% | 55.4% | 50.8% | 40.8% | 42.2% | 42.6% | 50.3% | 49.0% | 47.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $687M | $694M | $699M | $647M | $563M | $535M | $693M | $605M | $461M | $459M | $90M |
| Other | -$252M | $219M | -$387M | -$375M | -$214M | $42M | -$133M | $281M | $280M | $241M | $258M |
| Total Operating Expenses | $435M | $913M | $312M | $272M | $349M | $577M | $560M | $400M | $368M | $324M | $348M |
| Operating Income (EBIT) | $406M | $495M | $503M | $558M | $446M | -$46M | $307M | $336M | $261M | $295M | $250M |
| Operating Margin | 28.4% | 35.2% | 36.0% | 37.2% | 28.5% | -3.5% | 15.0% | 18.0% | 19.4% | 23.2% | 19.2% |
| Interest Expense | $139M | $129M | $108M | $85M | $94M | $114M | $104M | $60M | $6M | $1M | $1M |
| Interest Income | $0 | $5M | $6M | $5M | $1M | $2M | $4M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$141M | -$127M | -$105M | -$82M | -$111M | -$112M | -$100M | -$60M | -$6M | -$1M | -$1M |
| Income Before Tax (EBT) | $265M | $368M | $398M | $476M | $335M | -$158M | $207M | $223M | $255M | $294M | $249M |
| Income Tax Expense | $72M | $79M | $109M | $121M | $91M | -$26M | $50M | $61M | $12M | $118M | $100M |
| Net Income | $193M | $289M | $289M | $355M | $244M | -$132M | $157M | $162M | $243M | $176M | $149M |
| Net Income Margin | 13.5% | 20.5% | 20.7% | 23.7% | 15.6% | -10.2% | 7.6% | 8.7% | 18.0% | 13.9% | 11.5% |
| Supplementary Data | |||||||||||
| EPS | 2.49 | 3.64 | 3.42 | 3.93 | 2.61 | -1.41 | 1.63 | 1.63 | 2.31 | 1.76 | 1.49 |
| Diluted EPS | 2.47 | 3.61 | 3.40 | 3.91 | 2.60 | -1.41 | 1.63 | 1.62 | 2.31 | 1.76 | 1.49 |
| Weighted Average OS | 75.70M | 79.50M | 84.40M | 90.30M | 93.40M | 93.40M | 96.50M | 99.50M | 99.78M | 99.50M | 99.90M |
| EBITDA | $466M | $568M | $582M | $638M | $524M | $54M | $420M | $382M | $324M | $368M | $317M |
| EBITDA Margin | 32.6% | 40.3% | 41.7% | 42.6% | 33.5% | 4.2% | 20.5% | 20.4% | 24.1% | 29.0% | 24.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $64M | $103M | $66M | $161M | $171M | $493M | $94M | $366M | $57M | $28M | $38M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $64M | $103M | $66M | $161M | $171M | $493M | $94M | $366M | $57M | $28M | $38M |
| Accounts Receivable | $291M | $271M | $241M | $234M | $246M | $295M | $304M | $293M | $194M | $184M | $185M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $40M | $29M | $24M | -$44M |
| Other Current Assets | $0 | $49M | $39M | $91M | $252M | $67M | $53M | $152M | $54M | $19M | $22M |
| Total Current Assets | $355M | $467M | $373M | $545M | $720M | $900M | $499M | $851M | $330M | $255M | $271M |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $104M | $94M | $88M | $99M | $106M | $278M | $307M | $326M | $250M | $277M | $293M |
| Goodwill | $1.52B | $1.52B | $1.52B | $1.52B | $1.52B | $1.52B | $1.54B | $1.55B | $423M | $377M | $329M |
| Intangible Assets | $282M | $318M | $1.58B | $1.61B | $1.68B | $1.72B | $1.95B | $1.99B | $943M | $882M | $1.2B |
| Long-Term Investments | $18M | $18M | $0 | $0 | $0 | $0 | $0 | -$399M | -$2.14B | -$1.98B | -$333M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $399M | $2.14B | $1.98B | $2M |
| Other Long-Term Assets | $1.19B | $1.8B | $468M | $348M | $243M | $226M | $242M | $265M | $176M | $192M | $195M |
| Total Long-Term Assets | $3.12B | $3.76B | $3.66B | $3.58B | $3.55B | $3.74B | $4.03B | $4.13B | $1.79B | $1.73B | $1.69B |
| Other Assets | $708M | $0 | $0 | -$1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $4.18B | $4.22B | $4.03B | $4.12B | $4.27B | $4.64B | $4.53B | $4.98B | $2.12B | $1.98B | $1.96B |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $38M | $37M | $32M | $39M | $31M | $28M | $30M | $61M | $38M | $27M | $24M |
| Short-Term Debt | $497M | $43M | $37M | $20M | $21M | $21M | $21M | $21M | $103M | $103M | $95M |
| Current Income Tax Payable | $0 | $66M | $64M | $38M | $33M | $29M | $17M | $220M | $10M | $12M | $0 |
| Current Unearned Revenue | $0 | $121M | $91M | $83M | $70M | $71M | $132M | $109M | $79M | $68M | $60M |
| Other Current Liabilities | -$38M | $18M | $18M | $15M | $32M | $14M | $36M | $28M | $125M | $115M | $120M |
| Total Current Liabilities | $497M | $466M | $459M | $406M | $397M | $346M | $462M | $693M | $406M | $372M | $377M |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $2.56B | $2.42B | $2.16B | $2.06B | $2.06B | $2.58B | $2.1B | $2.12B | $81M | $71M | $0 |
| Long-Term Unearned Revenue | $0 | $169M | $167M | $164M | $165M | $158M | $151M | $164M | $76M | $81M | $141M |
| Long-Term Deferred Tax Liabilities | $271M | $332M | $325M | $345M | $366M | $359M | $387M | $399M | $181M | $273M | $246M |
| Other Long-Term Liabilities | $386M | $186M | $172M | $189M | $189M | $242M | $220M | $117M | $335M | $75M | $16M |
| Total Long-Term Liabilities | $3.22B | $3.11B | $2.83B | $2.75B | $2.78B | $3.33B | $2.86B | $2.87B | $416M | $500M | $685M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$282M |
| Total Liabilities | $3.71B | $3.57B | $3.29B | $3.16B | $3.18B | $3.68B | $3.32B | $3.56B | $822M | $872M | $780M |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $69M | $0 | $0 | $0 |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1M | $1.29B | $1.11B | $1.18B |
| Retained Earnings | $471M | $654M | $488M | $318M | $79M | -$82M | $113M | $69M | $1.26B | $1.11B | $0 |
| Comprehensive Income & Other | $3M | $17M | $19M | $38M | -$15M | -$52M | -$27M | -$8M | $5M | $1.11B | $1M |
| Other Stockholders' Equity | -$4M | -$5M | $257M | $643M | $1.01B | $1.04B | $1.1B | $1.35B | -$1.26B | -$1.11B | $1M |
| Total Equity | $468M | $650M | $746M | $962M | $1.09B | $963M | $1.21B | $1.42B | $1.3B | $1.11B | $1.18B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.77B | $127M | $146M | $0 |
| Total Liabilities and Equity | $4.18B | $4.22B | $4.03B | $4.12B | $4.27B | $4.64B | $4.53B | $4.98B | $2.12B | $1.98B | $1.96B |
| Supplementary Data | |||||||||||
| Total Debt | $3.06B | $2.47B | $2.21B | $2.08B | $2.09B | $2.6B | $2.13B | $2.14B | $184M | $174M | $95M |
| Net Debt | $2.99B | $2.36B | $2.14B | $1.92B | $1.92B | $2.11B | $2.03B | $1.77B | $127M | $146M | $57M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | $193M | $289M | $289M | $355M | $244M | -$132M | $157M | $162M | $243M | $176M | $149M |
| Depreciation & Amortization | $62M | $71M | $76M | $77M | $95M | $98M | $109M | $99M | $75M | $73M | $67M |
| Deferred Income Tax | -$57M | $4M | -$17M | -$39M | -$1M | -$23M | -$14M | $0 | -$92M | $26M | $10M |
| Stock-Based Compensation | $43M | $45M | $39M | $33M | $28M | $21M | $20M | $0 | $41M | $0 | $7M |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$48M | -$39M | -$10M | $16M | $25M | -$38M | -$11M | -$55M | -$10M | $0 | -$17M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | -$1M | $0 | -$3M | $0 | $3M |
| Accounts Payable | $38M | -$33M | -$4M | $14M | $39M | -$46M | -$28M | $85M | $21M | -$13M | $26M |
| Other Working Capital | $72M | $20M | -$3M | $22M | -$38M | -$54M | $33M | -$23M | -$2M | $0 | $32M |
| Total Working Capital Change | $62M | -$52M | -$17M | $52M | $26M | -$138M | -$7M | $7M | $6M | -$13M | $44M |
| Other Non-Cash Items | $64M | -$67M | $6M | -$79M | $34M | $241M | -$165M | -$37M | $6M | $2M | $10M |
| Net Cash from Operating | $367M | $290M | $376M | $399M | $426M | $67M | $100M | $231M | $279M | $264M | $287M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$46M | -$49M | -$37M | -$39M | -$37M | -$33M | -$50M | -$73M | -$46M | -$42M | -$51M |
| Acquisitions | $0 | $0 | $0 | -$44M | $0 | $0 | $0 | -$1.7B | $0 | -$70M | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$57M | -$16M | -$29M | $262M | $3M | $2M | -$3M | $48M | -$152M | -$2M | -$53M |
| Net Cash from Investing | -$103M | -$65M | -$66M | $179M | -$34M | -$31M | -$53M | -$1.73B | -$198M | -$114M | -$104M |
| Financing Activities | |||||||||||
| Debt Repaid | -$93M | -$257M | -$128M | $9M | $534M | -$479M | $21M | -$2.11B | -$9M | -$77M | $12M |
| Common Stock Issuance | $0 | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$289M | -$310M | -$393M | -$448M | -$107M | -$50M | -$242M | -$117M | $0 | $0 | -$156M |
| Dividends Paid | -$127M | -$122M | -$118M | -$116M | -$82M | -$53M | -$112M | -$186M | $0 | $0 | $0 |
| Other Financing Activities | $9M | -$2M | -$19M | -$15M | $10M | -$13M | $60M | -$70M | -$60M | -$238M | -$2M |
| Net Cash from Financing | -$314M | -$175M | -$402M | -$584M | -$713M | $363M | -$320M | $1.81B | -$51M | -$161M | -$170M |
| Forex Effect | $1M | -$3M | -$3M | -$4M | -$1M | $0 | $1M | -$4M | -$1M | $1M | $0 |
| Net Change in Cash | -$49M | $47M | -$95M | -$10M | -$322M | $399M | -$272M | $307M | $29M | -$10M | $13M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $367M | $290M | $376M | $399M | $426M | $67M | $100M | $231M | $279M | $264M | $287M |
| Capital Expenditure | -$46M | -$49M | -$37M | -$39M | -$37M | -$33M | -$50M | -$73M | -$46M | -$42M | -$51M |
| Free Cash Flow | $321M | $241M | $339M | $360M | $389M | $34M | $50M | $158M | $233M | $222M | $236M |
| Cash at Beginning | $113M | $66M | $161M | $171M | $493M | $94M | $366M | $59M | $28M | $40M | $25M |
| Cash at End | $64M | $113M | $66M | $161M | $171M | $493M | $94M | $366M | $57M | $30M | $38M |