undamentalytics Newsletter
Sign in

Wyndham Hotels & Resorts, Inc. (WH) stock

Add to watchlist

Add holding +

NYSE: WH NYSE Hotels, Resorts & Cruise Lines Next results ~January 18, 2027

C+ Fundamentals grade

Wyndham Hotels & Resorts, Inc. is a US-listed company in the hotels, resorts & cruise lines industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 46% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 46% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Wyndham Hotels & Resorts, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 5 selling0 purchases and 19 sales by directors and officers, last 12 monthsInsider trades
  • Funds220 adding, 182 cuttingOf 66 active managers that changed their stake, 28 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Wyndham Hotels & Resorts files

10-Q filed October 22: Wyndham Hotels & Resorts

Revenue for the twelve months to September 2026 reached $1.45bn, up 0.7% on a year earlier. That marks a turn from the -2.2% recorded a quarter earlier. Free-cash-flow margin improved to 22.8% from 20.5% a year earlier, though operating margin narrowed to 29.3% from 39.6%. Share count helps the per-share picture, with the diluted figure down 3.4% on a year earlier and each remaining share carrying more. On balance, the fundamentals grade edges up from C to C+.

Our model value for Wyndham Hotels & Resorts is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 22, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Wyndham Hotels & Resorts stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.42bn, down 2.2% on a year earlier, slower than 1.4% a quarter earlier. Free-cash-flow margin rose to 22.8% from 20.0% a year earlier. Operating margin narrowed to 30.3% from 38.8%. The diluted share count is down 3.3% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 0 of our 3 financial-health checks. At that price, our model says the market is pricing in about 8.2% a year of cash-flow growth for five years, faster than the -2.0% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 18, 2027 (estimated)

Wyndham Hotels & Resorts, Inc.'s trailing-twelve-month revenue grew 0.7% year on year, with a free-cash-flow margin of 22.8%. Where it stands out: operating margin of 29.3% ranks 2 of 22 hotels, resorts & cruise lines companies we cover. Where it lags: revenue growth of 0.7% ranks 24 of 25 hotels, resorts & cruise lines companies we cover.

Our discounted-cash-flow model values the business at ~$50 per share in the base case (~$28–$77 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 12.2% while net income fell 40.2%: a 52pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • High operating margin. 29.3% of revenue is left as operating profit, against a median of 16.0% for hotels, resorts & cruise lines companies we cover.
  • Strong cash generation. 22.8% of revenue turned into free cash flow, against a median of 12.7% for hotels, resorts & cruise lines companies we cover.
  • Shrinking share count. Diluted shares fell 3.4% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Margins narrowing. Operating margin is down 10.3 points on a year ago.
  • High debt. Long-term debt exceeds cash by $2.6bn, more than 1.5 times annual revenue.
  • Insiders selling. 5 insiders sold $17M of stock over the past 365 days and none bought (61% under pre-set trading plans).
  • Below peers: revenue growth. Revenue growth of 0.7% ranks 24 of 25 hotels, resorts & cruise lines companies we cover (median 9.7%).
  • Below peers: stock pay as % of revenue. Stock pay as % of revenue of 2.9% ranks 22 of 24 hotels, resorts & cruise lines companies we cover (median 1.4%).
  • Heavily shorted. 12.8% of the shares available to trade are sold short (6.9 days of average volume to cover).

Latest results: FY2026 Q3

Filed October 22, 2026
Earnings per share
$1.43 against an average estimate of $1.32: beat by 8.4%
Revenue
$410m, up 7.3% on a year earlier
Share reaction
-2.9% in the first session after the results on October 21, 2026, against -0.7% for the S&P 500
Guidance given
year-over-year rooms growth growth 4% (full-year 2026); year-over-year global RevPAR growth growth 0.5% to 1% (full-year 2026)
Next report
October 21, 2026; average EPS estimate $1.00

Wyndham Hotels & Resorts' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+4.4%
  • 1 week+7.8%
  • 1 month+9.4%
  • This year+5.7%
  • 1 year+9.4%
  • 5 years+2.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.4B
Operating margin
29.3%
Net margin
14.0%
EPS (TTM, diluted)
$2.68

Growth

Revenue growth
+0.7%
Change in growth rate
+2.9 pts
Share count change
−3.4%

Cash

Free cash flow (TTM)
$330M
FCF margin
22.8%
Stock pay % of revenue
2.9%

Earnings

Last results
October 21, 2026
Next results (est.)
January 18, 2027

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Partnership
  2. Announcement
  3. Announcement
  4. Our research
  5. Results
  6. Guidance
  7. Insider trade
  8. Buyback
  9. Results
  10. Insider trade
  11. Dividend
  12. Announcement
  13. Announcement
  14. Announcement
  15. Announcement
  16. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Wyndham Hotels & Resorts, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 46% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Wyndham Hotels & Resorts, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.97 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$80 ~$65–$120 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$32 ~$24–$43 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$36 ~$31–$43 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Wyndham Hotels & Resorts, Inc. with Hotels, Resorts & Cruise Lines in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20182019202020212022202320242025Now
Share price$39.53$55.90$53.58$81.77$66.19$76.07$97.14$74.28$78.53
Market value$3.9bn$5.4bn$5.0bn$7.7bn$6.0bn$6.5bn$7.8bn$5.7bn$5.9bn
+ Net debt (− = net cash)$1.8bn$2.0bn$2.1bn$1.9bn$1.9bn$2.1bn$2.4bn$2.5bn$2.7bn
Enterprise value$5.7bn$7.4bn$7.1bn$9.6bn$7.9bn$8.6bn$10.1bn$8.2bn$8.6bn
Multiples
Price / sales 2.1x2.6x3.8x4.9x4.0x4.6x5.5x4.0x4.1x
Price / earnings 24.4x34.4x—31.5x16.9x22.3x26.9x29.7x29.3x
Price / free cash flow 25.0x108.0x147.2x19.7x16.7x19.1x32.3x17.9x17.9x
EV / EBITDA 16.3x19.7x136.7x17.7x12.5x14.8x17.9x17.7x17.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

69 /100

Moderate moat

How hard Wyndham Hotels & Resorts's competitive advantage looks for rivals to wear away, judged from 9 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 5 / 20

    Net income has been a median 4.6% of total assets over 9 years.

  • Durability 11 / 20

    Operating margin has been a median 29.3%; its worst year was 2.4%.

  • Cash conversion 19 / 20

    Free cash flow was positive in 9 of 9 years, at a median 18.7% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 19.8% over five years; stock-based pay has been a median 2.1% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.88 +7% $1.5bn +4%
Next $5.35 +10% $1.6bn +6%

Next year's EPS estimate has moved 0.0% in 90 days, across 18 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.8% on 90 days ago. In the last 30 days, 1 analyst raised Wyndham Hotels & Resorts, Inc.'s forecast and 1 cut it.

Consensus EPS forecast Wyndham Hotels & Resorts, Inc., last 90 days
$4.60 $4.80 $5.00 $5.20 $5.40 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.79 Current fiscal year, 60 days ago: $4.79 Current fiscal year, 30 days ago: $4.79 Current fiscal year, 7 days ago: $4.80 Current fiscal year, Now: $4.88 $4.88 Next fiscal year, 90 days ago: $5.34 Next fiscal year, 60 days ago: $5.35 Next fiscal year, 30 days ago: $5.33 Next fiscal year, 7 days ago: $5.33 Next fiscal year, Now: $5.35 $5.35

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.79$5.34
60 days ago $4.79$5.35
30 days ago $4.79$5.33
7 days ago $4.80$5.33
Now $4.88$5.35

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.32 $1.43 +8.4%
Jun 2026 $1.41 $1.48 +4.9%
Mar 2026 $0.86 $0.96 +11.7%
Dec 2025 $0.89 $0.93 +4.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 21, 2026
  • Net revenues full-year 2026 $1.48bn to $1.5bn Maintained
    “Net revenues $1.48 - $1.50 billion $1.48 - $1.50 billion” source
  • Adjusted diluted EPS full-year 2026 $4.84 to $4.92 Non-GAAP Raised
    “Adjusted diluted EPS $4.84 - $4.92 $4.71 - $4.83” source
  • Year-over-year rooms growth full-year 2026 about 4% growth
    “Year-over-year rooms growth (a) ~4% 4.0% - 4.5%” source
  • Year-over-year global RevPAR growth full-year 2026 0.5% growth to 1% growth Raised
    “Year-over-year global RevPAR growth (b) 0.5% - 1.0% 0.0% - 1.0%” source
  • Adjusted EBITDA full-year 2026 $740m to $745m Non-GAAP Raised
    “Adjusted EBITDA (c) $740 - $745 million $735 - $745 million” source
  • Adjusted net income full-year 2026 $363m to $369m Non-GAAP Raised
    “Adjusted net income $363 - $369 million $355 - $365 million” source
Show 9 more items
  • Free cash flow conversion rate full-year 2026 55% to 60% Non-GAAP Maintained
    “Free cash flow conversion rate 55% - 60% 55% - 60%” source
  • Capital expenditures 2026 $40m to $45m
    “Capital expenditures $40 - 45” source
  • Development advance notes 2026 about $110m
    “Development advance notes Approx. $110” source
  • Effective tax rate 2026 about 25% Non-GAAP
    “Outlook assumes an effective tax rate of approximately 25%.” source
  • Interest expense, net 2026 $144m to $146m Non-GAAP
    “Interest expense, net 144 - 146” source
  • Depreciation and amortization expense 2026 $34m to $36m Non-GAAP
    “Depreciation and amortization expense (b) 34 - 36” source
  • Stock-based compensation expense 2026 $39m to $41m Non-GAAP
    “Stock-based compensation expense 39 - 41” source
  • Adjusted income before income taxes 2026 $483m to $492m Non-GAAP
    “Adjusted income before income taxes 483 - 492” source
  • Income tax expense 2026 $120m to $123m Non-GAAP
    “Income tax expense (c) 120 - 123” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

18 analysts, Oct 2026
Buy1583%
Hold317%
Sell00%

Monthly trend

  1. Oct 2026411318
  2. Sep 2026410317
  3. Aug 2026410317
  4. Jul 2026410317

Counts of recommendations published by analysts covering Wyndham Hotels & Resorts, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
12.8%
of tradable shares
Days to cover
6.92
at average volume
Short interest, 1 month
+20%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
2.5%
of shares
Employees
2,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +9.4%

$71.80 on October 31, 2025 to $78.53

ThenNowEffect
Revenue (last 12 months) $1.4bn $1.4bn −2.2%
Net margin 23.1% 14.7% −36.5%
P/E multiple 16.8x 28.7x +70.4%
Share count 79m 76m +3.4%

Biggest factor: p/e multiple.

Last 3 years +11.6%

$70.38 on November 3, 2023 to $78.53

ThenNowEffect
Revenue (last 12 months) $1.4bn $1.4bn +0.1%
Net margin 20.8% 14.7% −29.4%
P/E multiple 21.0x 28.7x +36.6%
Share count 88m 76m +15.5%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
WH+53%−19%+15%+28%−24%+6%
Industry peers (median)+26%−27%+46%+24%+10%+22%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
WH67%33%67%58%42%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
WH−13%−34%−20%−16%−37%−24%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since May 21, 2018: 66% from June 5, 2018 to March 19, 2020. Getting back needed a 195% gain, reached on February 19, 2021, 337 days after the low.

Price behaviour

52-week range
$67.15 – $88.87
From 52-week high
−11.6%
vs 50-day average
+8.5%
vs 200-day average
+1.8%
Volatility (1 year)
31%
Beta vs S&P 500
0.60

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±3.5%
After a week
7 up, 5 down
typical move ±3.4%
After a month
3 up, 8 down
typical move ±6.1%
Results releasedNext dayS&P 500 next day5 days21 days
October 21, 2026 −2.9% −0.7% −3.9% —
July 22, 2026 −3.0% −1.3% −0.2% −0.5%
April 29, 2026 −4.8% +1.0% −2.5% −6.1%
February 18, 2026 +5.5% +0.2% +4.5% −1.6%
October 22, 2025 −6.3% +0.1% −9.4% −14.6%
July 23, 2025 +1.0% +0.9% +0.5% −1.5%
April 30, 2025 −0.9% +0.7% −3.3% −3.9%
February 12, 2025 −0.1% +0.7% +4.2% −16.2%
October 23, 2024 +8.0% −0.7% +6.7% +15.6%
July 24, 2024 +3.4% −2.8% +2.2% +4.1%
April 24, 2024 +5.4% −0.4% +2.0% −3.0%
February 14, 2024 +1.2% +1.6% +1.9% +0.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Wyndham Hotels & Resorts, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Wyndham Hotels & Resorts, Inc.
$1.4B $1.4B $1.4B $1.4B $1.5B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $1.4B Revenue (TTM), FY24 Q1: $1.4B Revenue (TTM), FY24 Q2: $1.4B Revenue (TTM), FY24 Q3: $1.4B Revenue (TTM), FY24 Q4: $1.4B Revenue (TTM), FY25 Q1: $1.4B Revenue (TTM), FY25 Q2: $1.5B Revenue (TTM), FY25 Q3: $1.4B Revenue (TTM), FY25 Q4: $1.4B Revenue (TTM), FY26 Q1: $1.4B Revenue (TTM), FY26 Q2: $1.4B Revenue (TTM), FY26 Q3: $1.4B $1.4B

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $1.4B
FY24 Q1 $1.4B
FY24 Q2 $1.4B
FY24 Q3 $1.4B
FY24 Q4 $1.4B
FY25 Q1 $1.4B
FY25 Q2 $1.5B
FY25 Q3 $1.4B
FY25 Q4 $1.4B
FY26 Q1 $1.4B
FY26 Q2 $1.4B
FY26 Q3 $1.4B
Revenue growth, TTM YoY Wyndham Hotels & Resorts, Inc.
-10% -5% 0% 5% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -6.7% Revenue growth, TTM YoY, FY24 Q1: -3.5% Revenue growth, TTM YoY, FY24 Q2: -1.5% Revenue growth, TTM YoY, FY24 Q3: -1.6% Revenue growth, TTM YoY, FY24 Q4: 0.8% Revenue growth, TTM YoY, FY25 Q1: 2.2% Revenue growth, TTM YoY, FY25 Q2: 3.9% Revenue growth, TTM YoY, FY25 Q3: 3.4% Revenue growth, TTM YoY, FY25 Q4: 1.4% Revenue growth, TTM YoY, FY26 Q1: 1.4% Revenue growth, TTM YoY, FY26 Q2: -2.2% Revenue growth, TTM YoY, FY26 Q3: 0.7% 0.7%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -6.7%
FY24 Q1 -3.5%
FY24 Q2 -1.5%
FY24 Q3 -1.6%
FY24 Q4 0.8%
FY25 Q1 2.2%
FY25 Q2 3.9%
FY25 Q3 3.4%
FY25 Q4 1.4%
FY26 Q1 1.4%
FY26 Q2 -2.2%
FY26 Q3 0.7%
Operating margin (TTM) Wyndham Hotels & Resorts, Inc.
25% 30% 35% 40% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 36.0% Operating margin (TTM), FY24 Q1: 31.7% Operating margin (TTM), FY24 Q2: 33.1% Operating margin (TTM), FY24 Q3: 33.8% Operating margin (TTM), FY24 Q4: 35.1% Operating margin (TTM), FY25 Q1: 39.2% Operating margin (TTM), FY25 Q2: 38.8% Operating margin (TTM), FY25 Q3: 39.6% Operating margin (TTM), FY25 Q4: 28.3% Operating margin (TTM), FY26 Q1: 28.2% Operating margin (TTM), FY26 Q2: 30.3% Operating margin (TTM), FY26 Q3: 29.3% 29.3%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 36.0%
FY24 Q1 31.7%
FY24 Q2 33.1%
FY24 Q3 33.8%
FY24 Q4 35.1%
FY25 Q1 39.2%
FY25 Q2 38.8%
FY25 Q3 39.6%
FY25 Q4 28.3%
FY26 Q1 28.2%
FY26 Q2 30.3%
FY26 Q3 29.3%
FCF margin (TTM) Wyndham Hotels & Resorts, Inc.
15% 20% 25% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 24.2% FCF margin (TTM), FY24 Q1: 23.2% FCF margin (TTM), FY24 Q2: 17.3% FCF margin (TTM), FY24 Q3: 17.7% FCF margin (TTM), FY24 Q4: 17.1% FCF margin (TTM), FY25 Q1: 15.9% FCF margin (TTM), FY25 Q2: 20.0% FCF margin (TTM), FY25 Q3: 20.5% FCF margin (TTM), FY25 Q4: 22.5% FCF margin (TTM), FY26 Q1: 21.1% FCF margin (TTM), FY26 Q2: 22.8% FCF margin (TTM), FY26 Q3: 22.8% 22.8%

Source: SEC EDGAR filings. Retrieved October 23, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 24.2%
FY24 Q1 23.2%
FY24 Q2 17.3%
FY24 Q3 17.7%
FY24 Q4 17.1%
FY25 Q1 15.9%
FY25 Q2 20.0%
FY25 Q3 20.5%
FY25 Q4 22.5%
FY26 Q1 21.1%
FY26 Q2 22.8%
FY26 Q3 22.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Wyndham Hotels & Resorts took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1.4B
  2. Selling, general and admin $125M · 8.7%
  3. Other operating costs $902M · 63.1%
  4. Operating income $402M · 28.1%
  5. Income tax $70M · 4.9%
  6. Interest and other $139M · 9.7%
  7. Net income $193M · 13.5%

Shares of revenue. Source: Wyndham Hotels & Resorts's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 1,269 1,280 1,868 2,053 1,300 1,565 1,498 1,397 1,408 1,429 1,446
EBITDA 350 304 351 378 52 541 635 579 566 464 485
Operating income 295 249 283 307 −46 446 558 503 495 402 424
Net income 176 230 162 157 −132 244 355 289 289 193 202
Diluted EPS $1.76 $2.31 $1.62 $1.62 −$1.42 $2.60 $3.91 $3.41 $3.61 $2.50 $2.68
Growth (year on year)
Revenue — +0.9% +45.9% +9.9% −36.7% +20.4% −4.3% −6.7% +0.8% +1.5% +0.7%
EBITDA — −13.1% +15.5% +7.7% −86.2% +940.4% +17.4% −8.8% −2.2% −18.0% −23.1%
Operating income — −15.6% +13.7% +8.5% −115.0% — +25.1% −9.9% −1.6% −18.8% −25.5%
Net income — +30.7% −29.6% −3.1% −184.1% — +45.5% −18.6% 0.0% −33.2% −40.2%
Diluted EPS — +31.3% −29.9% 0.0% −187.7% — +50.4% −12.8% +5.9% −30.7% −38.1%
Margins
EBITDA margin 27.6% 23.8% 18.8% 18.4% 4.0% 34.6% 42.4% 41.4% 40.2% 32.5% 33.5%
Operating margin 23.2% 19.5% 15.1% 15.0% −3.5% 28.5% 37.2% 36.0% 35.2% 28.1% 29.3%
Net margin 13.9% 18.0% 8.7% 7.6% −10.2% 15.6% 23.7% 20.7% 20.5% 13.5% 14.0%
Free-cash-flow margin 17.5% 18.1% 8.5% 2.4% 2.6% 24.9% 24.0% 24.3% 17.1% 22.5% 22.8%
Cash flow
Cash from operations 264 278 231 100 67 426 399 376 290 367 378
Capital spending 42 46 73 50 33 37 39 37 49 46 48
Free cash flow 222 232 158 50 34 389 360 339 241 321 330
Stock-based pay 10 11 9 20 21 28 33 39 45 43 42
Free cash flow after stock pay 212 221 149 30 13 361 327 300 196 278 288
Balance sheet
Cash 30 57 366 94 493 171 161 66 103 64 71
Total debt 0 184 2,141 2,122 2,597 2,084 2,077 2,201 2,463 2,560 2,727
Net debt (negative = net cash) −30 127 1,775 2,028 2,104 1,913 1,916 2,135 2,360 2,496 2,656
Diluted shares 100m 100m 100m 97m 93m 94m 91m 85m 80m 77m 75m
Returned to shareholders
Dividends 0 0 77 112 53 82 116 118 122 127 129
Buybacks 0 0 117 242 50 107 448 393 310 266 239
Total returned 0 0 194 354 103 189 564 511 432 393 368

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 7 checks passed · September 30, 2026
What it owns · $4.4bn
Short-term assets $504mLonger-term assets $3.9bn
What it owes, and who funded it · $4.4bn
Short-term liabilities $498mLonger-term liabilities $3.4bnShareholders' equity $475m
  • Short-term assets cover short-term liabilities $504m of assets due within a year against $498m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $504m short-term assets against $3.4bn of longer-dated liabilities.
  • More cash than debt $71m of cash against $2.7bn of debt.
  • Debt below 40% of shareholders' equity Debt is 569% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 178% to 569% over five years.
  • A year's operating cash flow covers at least 20% of debt $378m of operating cash flow against $2.7bn of debt.
  • Operating profit covers interest at least five times over Operating income of $424m against $143m of interest.

From Wyndham Hotels & Resorts, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$239M
Dividends (TTM)
$129M
Returned to shareholders
112%
of free cash flow
Buybacks, last 3 fiscal years
$969M
Diluted share count
−3.4%
year over year
Total shareholder yield
6.3%
dividends 2.2% + buybacks 4.1% of market value
Dividend payout ratio
64%
of net income paid out
Days sales outstanding
85 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in hotels, resorts & cruise lines
Last 12 months unless stated WH ATAT CHH MMYT LIND CVEO Median
Revenue, last 12 months $1.4bn $1.4bn $1.6bn $1.0bn $831m $707m $5.2bn
Revenue growth, last 12 months 0.7% 35.2% 2.1% 6.7% 18.3% 12.6% 9.7%
Revenue growth, 3-year average 0.8% — 1.7% 26.8% 16.1% 0.7% 8.0%
Revenue growth, latest quarter 7.3% — 2.5% 11.8% 18.6% 13.3% 8.1%
Gross margin — — — 73.8% 46.6% 23.3% 47.7%
Operating margin 29.3% 23.6% 22.8% 14.9% 7.0% 3.0% 16.0%
Operating margin, 3-year average 34.3% — 25.5% −12.2% 4.4% 2.1% 15.3%
Net margin 14.0% 16.6% 12.7% 5.0% −2.1% −1.1% 11.4%
Cash from operations / revenue 26.1% 20.4% 12.7% 17.5% 17.2% 6.7% 20.4%
Free-cash-flow margin 22.8% 19.5% 10.4% 17.1% 13.1% 4.2% 12.1%
Free-cash-flow margin, 3-year average 20.3% — 13.5% −0.4% 9.4% 4.9% 10.3%
Stock pay / revenue 2.9% 1.3% 1.3% 2.2% 1.0% 1.3% 1.3%
Change in share count −3.4% 0.5% −2.6% −4.2% 9.0% −16.9% −3.4%

Median of all 25 companies we cover in hotels, resorts & cruise lines. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

25 hotels, resorts & cruise lines companies
Measure Company Peer median Rank
Revenue growth Growth 0.7% 9.7% 24 of 25
Change in growth rate Growth +2.9pp -0.5pp 5 of 25
Operating margin Profitability 29.3% 16.0% 2 of 22
Net margin Profitability 14.0% 11.4% 9 of 25
Free-cash-flow margin Cash generation 22.8% 12.7% 6 of 24
Stock pay as % of revenue Cash generation 2.9% 1.4% 22 of 24
Long-term debt as % of assets Balance sheet 62.0% 41.9% 19 of 24
Change in share count Balance sheet -3.4% -3.5% 13 of 23
Days sales outstanding Balance sheet 85 days 52 days 14 of 17

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Marketing Reservation and Loyalty $562M ▼ 0.2%
Royalties and Franchise Fees $541M ▼ 2.5%
Marketing and Reservation Fees $471M ▲ 0.9%
Other Products and Services $191M ▲ 21.7%
License and Other Fee From Former Parent $126M ▲ 5.9%
Partnership Fees $96M ▲ 39.1%
Other Products and Services Excluding Partnership Fees $95M ▲ 8.0%
Loyalty Program $91M ▼ 5.2%
Initial Franchise Fees $22M —
Hotel Management Services $9M ▼ 10.0%
Cost Reimbursements $0 ▼ 100.0%
Forgiveness of Note Receivable -$32M —

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $1.1B 79.4% ▲ 0.8%
Outside the US $295M 20.6% ▲ 4.2%

From Wyndham Hotels & Resorts, Inc.'s 10-K filed February 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$6.6B
Institutions reporting
465
Shares held vs prior quarter
▼ 1.4%
Positions opened / closed
72 / 39

Top buyers and sellers, Q2 2026: 220 institutions bought and 182 sold ; the biggest buyer was AQR Capital Management LLC (+1.2M shares) and the biggest seller Alyeska Investment Group, L.P (−1.7M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $624M 7.4M 9.5% ▲ 0.4%
T. Rowe Price Investment Management, Inc. $323M 3.8M 4.9% ▼ 12.9%
Vanguard Portfolio Management LLC $284M 3.4M 4.3% ▼ 3.6%
Vanguard Capital Management LLC $274M 3.2M 4.2% ▼ 3.7%
Morgan Stanley $221M 2.6M 3.4% ▲ 17.0%
State Street Corp $206M 2.5M 3.1% ▲ 1.9%
Norges Bank $199M 2.4M 3.0% —
Capital Research Global Investors $186M 2.2M 2.8% ▼ 2.0%
Citadel Advisors LLC $177M 2.1M 2.7% ▼ 10.3%
Bank Of Montreal $157M 1.9M 2.4% ▼ 12.4%
Millennium Management LLC $148M 1.8M 2.3% ▲ 60.7%
FMR LLC $139M 1.6M 2.1% ▲ 25.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Wyndham Hotels & Resorts, Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $16.7M 19 trades by 5 insiders · 61% under pre-set plans
Net ▼ $16.7M net selling
Insider Date Trade Shares Price Value
Ballotti Geoffrey A President and CEO October 15, 2026 Sell pre-set plan 5,595 $74.23 $415,290
Ballotti Geoffrey A President and CEO October 15, 2026 Sell pre-set plan 13,700 $73.47 $1M
Ballotti Geoffrey A President and CEO August 17, 2026 Sell pre-set plan 19,414 $72.71 $1.4M
Ballotti Geoffrey A President and CEO June 15, 2026 Sell pre-set plan 14,445 $80.91 $1.2M
Ballotti Geoffrey A President and CEO June 15, 2026 Sell pre-set plan 3,113 $80.04 $249,165
Ballotti Geoffrey A President and CEO June 15, 2026 Sell pre-set plan 958 $81.44 $78,020
Rossi Nicola Chief Accounting Officer May 7, 2026 Sell 7,055 $85.19 $601,015
Melancon Monica Chief Human Resource Officer March 11, 2026 Sell 8,861 $74.70 $661,917
Cash Paul F General Counsel & Corp. Secy. March 6, 2026 Sell pre-set plan 1,500 $78.03 $117,045
Cash Paul F General Counsel & Corp. Secy. March 6, 2026 Sell pre-set plan 6,100 $75.13 $458,293
Cash Paul F General Counsel & Corp. Secy. March 6, 2026 Sell pre-set plan 2,900 $77.32 $224,228
Cash Paul F General Counsel & Corp. Secy. March 6, 2026 Sell pre-set plan 9,300 $76.03 $707,079

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 13 trades and filings

No trades in Wyndham Hotels & Resorts, Inc. disclosed in the last 12 months; 13 earlier trades on record.

  • Peter Meijer(R-MI 3):Sale (full), $1,001 - $15,000, traded February 16, 2021, filed March 16, 2021
  • Susie Lee(D-NV 3):Sale (full), $1,001 - $15,000, traded February 11, 2021, filed March 11, 2021
  • Susie Lee(D-NV 3):Purchase, $1,001 - $15,000, traded June 5, 2020, filed July 10, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 18, 2027 estimated from the company's past filing pattern, not announced

  • October 21, 2026
  • July 22, 2026
  • April 29, 2026
  • February 18, 2026
  • October 22, 2025
  • July 23, 2025

Recent SEC filings

Data status

When each part of this page on Wyndham Hotels & Resorts, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Wyndham Hotels & Resorts, Inc. in brief

What does Wyndham Hotels & Resorts, Inc. do?
Wyndham Hotels & Resorts, Inc. is a US-listed company in the hotels, resorts & cruise lines industry. Its financial year ends in December.
What is Wyndham Hotels & Resorts, Inc.'s stock ticker?
Wyndham Hotels & Resorts, Inc. trades under the ticker WH on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Wyndham Hotels & Resorts, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Wyndham Hotels & Resorts, Inc. reported revenue of $1.4B, 0.7% higher than a year earlier, according to its SEC filings.
What is Wyndham Hotels & Resorts, Inc.'s free cash flow?
Wyndham Hotels & Resorts, Inc.'s free-cash-flow margin is 22.8% of revenue over the trailing twelve months, ranking 6 of the 24 hotels, resorts & cruise lines companies we cover.
Who are Wyndham Hotels & Resorts, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., T. Rowe Price Investment Management, Inc. and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Wyndham Hotels & Resorts, Inc. buying back stock, and does it pay a dividend?
Wyndham Hotels & Resorts, Inc. spent $239M on share repurchases over the trailing twelve months, and its diluted share count fell 3.4% over the year.
What is Wyndham Hotels & Resorts, Inc.'s market cap?
On November 2, 2026, Wyndham Hotels & Resorts, Inc.'s market capitalisation was about $5.9B, with a price-to-earnings ratio of 29.3 and net debt of $2.7B. Market figures come from third-party market data and may be delayed.
Does Wyndham Hotels & Resorts, Inc. pay a dividend?
Yes: Wyndham Hotels & Resorts, Inc. paid $129M in dividends over the trailing twelve months, a dividend yield of 2.21% and a payout ratio of 63.9%.
How much debt does Wyndham Hotels & Resorts, Inc. have?
Wyndham Hotels & Resorts, Inc.'s debt-to-equity ratio is 569.3%, from its latest balance sheet (177.6% five years earlier). The financial health section below sets out its other solvency checks.
Who are Wyndham Hotels & Resorts, Inc.'s competitors?
In our Hotels, Resorts & Cruise Lines peer group, the companies closest to Wyndham Hotels & Resorts, Inc. are Atour Lifestyle Holdings Ltd, Choice Hotels International Inc, Makemytrip Ltd, Lindblad Expeditions Holdings, Inc. and Civeo Corp. The side-by-side comparison below sets their revenue, margins and growth against Wyndham Hotels & Resorts, Inc.'s.
Are insiders buying or selling Wyndham Hotels & Resorts, Inc. stock?
Over the last 12 months, Wyndham Hotels & Resorts, Inc.'s directors and officers reported 0 open-market purchases and 19 sales on Form 4. The insider trading page charts every trade.
When is Wyndham Hotels & Resorts, Inc.'s next earnings date?
Around January 18, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Wyndham Hotels & Resorts, Inc. announces its own schedule.