WYNDHAM HOTELS & RESORTS, INC. WH
Wyndham Hotels & Resorts, Inc. ("Wyndham Hotels", the "Company", "we", "our" or "us") is the world's largest hotel franchising company by number of franchised properties, with over 8,300 affiliated hotels and approximately 869,000 rooms located in approximately 100 countries and welcoming approximately 138 million guests annually worldwide. We operate a hotel portfolio of 25 brands. Our 25 brands are primarily located in secondary and tertiary cities and approximately 80% of the U.S. population lives within ten miles of at least one of our affiliated hotels. Our mission is to make hotel travel possible
for all. Wherever people go, Wyndham will be there to welcome them. We boast a remarkably asset-light business model dramatically limiting our capital needs.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Non-US
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $1.13B | $1.12B | $1.14B |
| Non-US | $295.0M | $283.0M | $255.0M |
As the company reported it, from the “Segment Information (Summary of Net Revenues and Net Long-lived Assets by Geography) (Details) (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.43B | $1.40B | $1.38B | $1.35B | $1.25B | $950.0M | $1.43B | $1.87B | $1.28B | $1.27B |
| SG&A | $125.0M | $130.0M | $130.0M | $123.0M | $113.0M | $116.0M | $130.0M | $119.0M | $88.0M | $83.0M |
| Operating income | $402.0M | $495.0M | $503.0M | $558.0M | $446.0M | -$46.0M | $307.0M | $283.0M | $249.0M | $295.0M |
| Interest expense | $139.0M | $124.0M | $102.0M | $80.0M | $93.0M | $112.0M | $100.0M | $60.0M | $6.0M | $1.0M |
| Pre-tax income | $263.0M | $368.0M | $398.0M | $476.0M | $335.0M | -$158.0M | $207.0M | $223.0M | $243.0M | $294.0M |
| Income tax | $70.0M | $79.0M | $109.0M | $121.0M | $91.0M | $26.0M | $50.0M | $61.0M | $13.0M | $118.0M |
| Net income | $193.0M | $289.0M | $289.0M | $355.0M | $244.0M | -$132.0M | $157.0M | $162.0M | $230.0M | $176.0M |
| EPS, basic | 2.51 | 3.64 | 3.43 | 3.93 | 2.61 | -1.42 | 1.63 | 1.62 | 2.31 | 1.76 |
| EPS, diluted | 2.50 | 3.61 | 3.41 | 3.91 | 2.60 | -1.42 | 1.62 | 1.62 | 2.31 | 1.76 |
| Shares, diluted (wtd. avg.) | 77.2M | 80.1M | 84.9M | 90.8M | 93.9M | 93.4M | 96.6M | 99.8M | 99.8M | 99.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $64.0M | $103.0M | $66.0M | $161.0M | $171.0M | $493.0M | $94.0M | $366.0M | $59.0M | $30.0M |
| Receivables | $291.0M | $271.0M | $241.0M | $234.0M | $246.0M | $295.0M | $304.0M | $293.0M | $194.0M | — |
| Total current assets | $435.0M | $467.0M | $373.0M | $545.0M | $720.0M | $900.0M | $499.0M | $851.0M | $334.0M | — |
| Property, plant and equipment | $104.0M | $94.0M | $88.0M | $99.0M | $106.0M | $278.0M | $307.0M | $326.0M | $250.0M | — |
| Goodwill | $1.52B | $1.52B | $1.52B | $1.52B | $1.52B | $1.52B | $1.54B | $1.55B | $423.0M | $377.0M |
| Other intangibles | $282.0M | $318.0M | $347.0M | $375.0M | $474.0M | $513.0M | $553.0M | $594.0M | $260.0M | — |
| Total assets | $4.18B | $4.22B | $4.03B | $4.12B | $4.27B | $4.64B | $4.53B | $4.98B | $2.14B | $2.00B |
| Accounts payable | $38.0M | $37.0M | $32.0M | $39.0M | $31.0M | $28.0M | $30.0M | $61.0M | $38.0M | — |
| Total current liabilities | $507.0M | $466.0M | $459.0M | $406.0M | $397.0M | $346.0M | $462.0M | $693.0M | $411.0M | — |
| Total liabilities | $3.71B | $3.57B | $3.29B | $3.16B | $3.18B | $3.68B | $3.32B | $3.56B | $875.0M | — |
| Retained earnings | $471.0M | $654.0M | $488.0M | $318.0M | $79.0M | -$82.0M | $113.0M | $69.0M | $0 | — |
| Total equity | $468.0M | $650.0M | $746.0M | $962.0M | $1.09B | $963.0M | $1.21B | $1.42B | $1.26B | $1.09B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $367.0M | $290.0M | $376.0M | $399.0M | $426.0M | $67.0M | $100.0M | $231.0M | $278.0M | $264.0M |
| Depreciation and amortisation | $35.0M | $44.0M | $49.0M | $46.0M | $57.0M | $61.0M | $71.0M | $68.0M | $55.0M | $55.0M |
| Stock-based compensation | $43.0M | $45.0M | $39.0M | $33.0M | $28.0M | $21.0M | $20.0M | $9.0M | $11.0M | $10.0M |
| Capital expenditure | $46.0M | $49.0M | $37.0M | $39.0M | $37.0M | $33.0M | $50.0M | $73.0M | $46.0M | $42.0M |
| Investing cash flow | -$103.0M | -$65.0M | -$66.0M | $179.0M | -$34.0M | -$31.0M | -$53.0M | -$1.73B | -$197.0M | -$114.0M |
| Financing cash flow | -$314.0M | -$175.0M | -$402.0M | -$584.0M | -$713.0M | $363.0M | -$320.0M | $1.81B | -$51.0M | -$161.0M |
| Dividends paid | $127.0M | $122.0M | $118.0M | $116.0M | $82.0M | $53.0M | $112.0M | $77.0M | $0 | $0 |
| Buybacks | $266.0M | $310.0M | $393.0M | $448.0M | $107.0M | $50.0M | $242.0M | $117.0M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001722684-26-000007.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.27B | $1.28B | $1.87B | $1.43B | $950.0M | $1.25B | $1.35B | $1.38B | $1.40B | $1.43B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $176.0M | $230.0M | $162.0M | $157.0M | -$132.0M | $244.0M | $355.0M | $289.0M | $289.0M | $193.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7011
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MAR | MARRIOTT INTERNATIONAL INC /MD/ | $101.88B | 41.1x | 4.3% |
| HLT | Hilton Worldwide Holdings Inc. | $78.69B | 57.1x | 7.7% |
| LVS | LAS VEGAS SANDS CORP | $23.11B | 15.2x | 15.2% |
| H | Hyatt Hotels Corp | $16.27B | — | 6.8% |
| WYNN | WYNN RESORTS LTD | $7.49B | 23.2x | 0.1% |
| MGM | MGM Resorts International | $7.06B | 36.9x | 1.7% |
| CZR | Caesars Entertainment, Inc. | $5.87B | — | 2.1% |
| BYD | BOYD GAMING CORP | $5.21B | 3.2x | 4.1% |