Wyndham Hotels & Resorts Inc (WH)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,070,000 | 1,063,000 | 1,174,000 | 1,266,000 | 677,000 |
| Revenue | US$ in thousands | 1,408,000 | 1,397,000 | 1,498,000 | 1,565,000 | 1,300,000 |
| Gross profit margin | 75.99% | 76.09% | 78.37% | 80.89% | 52.08% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,070,000K ÷ $1,408,000K
= 75.99%
Based on the data provided, Wyndham Hotels & Resorts Inc has shown a fluctuating trend in its gross profit margin over the past five years:
1. As of December 31, 2020, the gross profit margin stood at 52.08%, indicating that for every dollar of sales revenue, the company retained $0.5208 as gross profit.
2. By December 31, 2021, the gross profit margin had significantly improved to 80.89%, showcasing a substantial increase in profitability and efficiency in managing costs.
3. In the following years, although the gross profit margin slightly decreased, reaching 78.37% as of December 31, 2022, and further to 76.09% by December 31, 2023, the company still maintained a relatively high level of gross profit compared to the base year.
4. As of the most recent available data on December 31, 2024, the gross profit margin remained relatively stable at 75.99%, indicating that Wyndham Hotels & Resorts Inc continued to effectively generate profit from its core operations.
Overall, the company has demonstrated the ability to generate healthy levels of gross profit margin over the years, with occasional fluctuations that may be influenced by various internal and external factors affecting the hospitality industry.
Peer comparison
Dec 31, 2024