Wyndham Hotels & Resorts Inc (WH)
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 | 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 | 1,670,000 | 1,698,000 | 1,716,000 | 1,654,000 |
| Revenue (ttm) | US$ in thousands | 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 | 2,054,000 | 1,988,000 | 2,033,000 | 1,951,000 |
| Gross profit margin | 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% | 81.30% | 85.41% | 84.41% | 84.78% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,062,000K ÷ $1,398,000K
= 75.97%
The gross profit margin of Wyndham Hotels & Resorts Inc has shown a decreasing trend over the past eight quarters. The margin has declined from 71.71% in Q1 2022 to 59.27% in Q4 2023. This indicates a decrease in the profitability of the company's core operations during this period. Factors such as changes in pricing strategies, input costs, or operational efficiencies may have contributed to this downward trend. It is important for stakeholders to closely monitor the trend and identify potential areas for improvement to maintain and enhance the company's overall financial performance.
Peer comparison
Dec 31, 2023