Hyatt Hotels Corporation (H)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,847,000 | 7,048,000 | 6,523,000 | 6,110,000 | 5,700,000 | 5,636,000 | 5,532,000 | 5,604,000 | 5,229,000 | 4,836,000 | 4,543,000 | 3,620,000 | 2,850,000 | 2,169,000 | 1,414,000 | 794,000 | 1,426,000 | 2,479,000 | 3,687,000 | 4,850,000 |
| Revenue (ttm) | US$ in thousands | 7,870,000 | 7,896,000 | 7,352,000 | 6,973,000 | 6,541,000 | 6,486,000 | 6,389,000 | 6,403,000 | 5,995,000 | 5,478,000 | 5,094,000 | 4,132,000 | 3,290,000 | 2,602,000 | 1,848,000 | 1,337,000 | 1,924,000 | 2,838,000 | 4,048,000 | 5,110,000 |
| Gross profit margin | 87.00% | 89.26% | 88.72% | 87.62% | 87.14% | 86.89% | 86.59% | 87.52% | 87.22% | 88.28% | 89.18% | 87.61% | 86.63% | 83.36% | 76.52% | 59.39% | 74.12% | 87.35% | 91.08% | 94.91% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,847,000K ÷ $7,870,000K
= 87.00%
Hyatt Hotels Corporation's gross profit margin has shown fluctuations over the analyzed periods, ranging from a high of 94.91% on March 31, 2020, to a low of 59.39% on March 31, 2021. The company experienced a significant decline in gross profit margin during the early stages of the COVID-19 pandemic, likely due to decreased travel and occupancy rates affecting revenue and cost structures.
However, there has been a gradual recovery in the gross profit margin since then, with figures improving to 89.26% on September 30, 2024. This upward trend indicates that Hyatt Hotels has been able to effectively manage its costs and optimize its revenue streams, leading to healthier margins.
Overall, the recent levels of gross profit margin, remaining above 87% in the last few quarters, suggest that Hyatt Hotels Corporation has been successful in maintaining a strong profitability position despite challenges in the industry. It will be important for the company to continue monitoring and managing its cost structure and revenue generation strategies to sustain and potentially improve its gross profit margin in the future.
Peer comparison
Dec 31, 2024