Wyndham Hotels & Resorts Inc (WH)
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 | 1,043,000 | 1,081,000 | 1,059,000 | 1,036,000 | 1,062,000 | 1,068,000 | 1,081,000 | 1,113,000 | 1,171,000 | 1,288,000 | 1,338,000 | 1,336,000 | 1,265,000 | 1,166,000 | 1,034,000 | 676,000 | 768,000 | 963,000 | 1,183,000 | 1,629,000 |
| Revenue (ttm) | US$ in thousands | 1,381,000 | 1,434,000 | 1,413,000 | 1,384,000 | 1,398,000 | 1,397,000 | 1,408,000 | 1,437,000 | 1,497,000 | 1,584,000 | 1,639,000 | 1,641,000 | 1,565,000 | 1,461,000 | 1,328,000 | 1,192,000 | 1,302,000 | 1,491,000 | 1,718,000 | 1,995,000 |
| Gross profit margin | 75.52% | 75.38% | 74.95% | 74.86% | 75.97% | 76.45% | 76.78% | 77.45% | 78.22% | 81.31% | 81.64% | 81.41% | 80.83% | 79.81% | 77.86% | 56.71% | 58.99% | 64.59% | 68.86% | 81.65% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,043,000K ÷ $1,381,000K
= 75.52%
Wyndham Hotels & Resorts Inc has shown fluctuations in its gross profit margin over the past few years. The gross profit margin decreased from 81.65% as of March 31, 2020, to 58.99% by December 31, 2020, indicating a significant decline in profitability during that period. However, there was a gradual improvement in the gross profit margin in the subsequent quarters, reaching a high of 81.64% by June 30, 2022.
From June 30, 2022, to September 30, 2024, the gross profit margin remained relatively stable, ranging between 75.38% to 81.64%. This stability suggests that Wyndham Hotels & Resorts Inc was able to maintain consistent profitability levels during this period.
However, there was a slight decline in the gross profit margin towards the end of 2024, dropping to 75.52% as of December 31, 2024. This decline may indicate potential challenges or changes affecting the company's cost structure or pricing strategy.
Overall, despite some fluctuations, the gross profit margin of Wyndham Hotels & Resorts Inc has generally exhibited resilience and the ability to recover and maintain profitability over time.
Peer comparison
Dec 31, 2024