Hyatt Hotels Corporation (H)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 220,000 | 455,000 | -222,000 | -703,000 | 766,000 |
| Revenue | US$ in thousands | 6,541,000 | 5,995,000 | 3,290,000 | 1,924,000 | 5,694,000 |
| Net profit margin | 3.36% | 7.59% | -6.75% | -36.54% | 13.45% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $220,000K ÷ $6,541,000K
= 3.36%
The net profit margin of Hyatt Hotels Corporation has shown fluctuations over the past five years. In 2019, the net profit margin was at a healthy 15.19%, indicating that the company was able to convert a significant portion of its revenue into profit. However, in 2020, the net profit margin dropped significantly to -34.03%, suggesting that the company experienced a substantial loss compared to its revenue during that period.
In 2021, the net profit margin further decreased to -7.33%, indicating continued challenges in profitability. This negative trend reversed in 2022, with the net profit margin improving to 7.72%, showing signs of recovery. Finally, in 2023, the net profit margin stood at 3.30%, which is lower than the levels seen in 2019 and 2022, but still positive.
Overall, the fluctuations in Hyatt Hotels Corporation's net profit margin reflect the company's varying profitability over the years, with improvements seen recently after facing challenges in 2020 and 2021. Further analysis of the company's financial performance and strategies would be needed to fully understand the factors driving these changes in profitability.
Peer comparison
Dec 31, 2023