Hyatt Hotels Corporation (H)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 5,012,000 | 4,875,000 | 4,505,000 | 4,286,000 |
| Revenue (ttm) | US$ in thousands | 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 | 5,349,000 | 5,212,000 | 4,926,000 | 4,766,000 |
| Gross profit margin | 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% | 93.70% | 93.53% | 91.45% | 89.93% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,700,000K ÷ $6,541,000K
= 87.14%
The gross profit margin for Hyatt Hotels Corporation has shown fluctuations over the past eight quarters. Generally, the company's gross profit margin has been relatively strong, ranging from 29.46% in Q1 2022 to 40.07% in Q1 2023. The highest gross profit margin was recorded in Q1 2023 at 40.07%, indicating that the company effectively managed its costs of goods sold during that period.
However, there was a noticeable decrease in the gross profit margin in Q2 2022 to 35.23%, which was the lowest point in the data provided. This could suggest potential challenges in controlling production or procurement costs during that quarter.
Overall, the trend shows some variability in the gross profit margin, with quarterly fluctuations between 29.46% and 40.07%. It would be important for Hyatt Hotels Corporation to further analyze the drivers behind these fluctuations to maintain and improve its overall profitability in the future.
Peer comparison
Dec 31, 2023