Choice Hotels International Inc (CHH)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,584,840 | 690,282 | 700,052 | 599,598 | 311,159 |
| Revenue | US$ in thousands | 1,584,840 | 1,544,160 | 1,401,950 | 1,069,300 | 774,072 |
| Gross profit margin | 100.00% | 44.70% | 49.93% | 56.07% | 40.20% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,584,840K ÷ $1,584,840K
= 100.00%
Choice Hotels International Inc's gross profit margin has exhibited fluctuations over the years based on the provided data. In December 31, 2020, the gross profit margin was at 40.20%, which then saw a significant increase to 56.07% by December 31, 2021. Subsequently, there was a slight decrease to 49.93% by December 31, 2022, followed by a further decline to 44.70% by December 31, 2023. Notably, there was a sharp spike to 100.00% by December 31, 2024, which may indicate an exceptional performance or possibly data discrepancies. Overall, these fluctuations suggest varying levels of efficiency in generating profits from sales over the years. It's essential for stakeholders to further investigate the reasons behind these fluctuations to assess the company's financial performance accurately.
Peer comparison
Dec 31, 2024