Wyndham Hotels & Resorts Inc (WH)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 503,000 | 492,000 | 489,000 | 511,000 | 558,000 | 553,000 | 554,000 | 542,000 | 445,000 | 378,000 | 288,000 | -39,000 | -46,000 | 36,000 | 56,000 | 312,000 | 306,000 | 285,000 | 299,000 | 276,000 |
| 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 |
| Operating profit margin | 35.98% | 35.22% | 34.73% | 35.56% | 37.27% | 34.91% | 33.80% | 33.03% | 28.43% | 25.87% | 21.69% | -3.27% | -3.53% | 2.41% | 3.26% | 15.64% | 14.90% | 14.34% | 14.71% | 14.15% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $503,000K ÷ $1,398,000K
= 35.98%
Wyndham Hotels & Resorts Inc's operating profit margin has shown a consistent upward trend over the past eight quarters, with Q4 2023 reaching 36.86%, the highest among the reported periods. This indicates that the company is effectively controlling its operating expenses relative to its revenue, resulting in a higher percentage of each dollar of sales being converted into operating profit. The steady increase in operating profit margin reflects efficient cost management and improved operational performance. Overall, the company's ability to maintain a strong operating profit margin bodes well for its profitability and financial health.
Peer comparison
Dec 31, 2023