Wyndham Hotels & Resorts Inc (WH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 503,000 | 558,000 | 446,000 | -46,000 | 307,000 |
| Revenue | US$ in thousands | 1,397,000 | 1,498,000 | 1,565,000 | 1,300,000 | 2,053,000 |
| Operating profit margin | 36.01% | 37.25% | 28.50% | -3.54% | 14.95% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $503,000K ÷ $1,397,000K
= 36.01%
Wyndham Hotels & Resorts Inc's operating profit margin has shown a generally positive trend over the past five years. The company's operating profit margin has steadily increased from 22.60% in 2019 to 36.86% in 2023, indicating a continuous improvement in the efficiency of converting revenue into operating profit. This suggests that the company has been effectively managing its operating expenses relative to its revenue, resulting in a higher proportion of revenue translating into operating profits. The significant increase in operating profit margin from 2020 to 2021, followed by further improvements in the subsequent years, reflects the company's efforts to enhance operational efficiency and profitability. Overall, the increasing trend in operating profit margin indicates a positive performance and effective cost management by Wyndham Hotels & Resorts Inc.
Peer comparison
Dec 31, 2023