Friday 6 November 2026
Export CHH’s income statement to Excel — free account
Choice Hotels International, Inc.
Choice Hotels International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 0.75% from fiscal 2024.
- Revenue
- +2.46%
- EPS
- −66.7%
- Free cash flow
- −60.4%
- Total debt
- +13.5%
Quarter to September 2026, against a year earlier
117.45
2.88
−2.39%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 808 | 941 | 1,041 | 1,115 | 774 | 1,069 | 1,402 | 1,544 | 1,585 | 1,597 | 1,630 | +7.9% | 1,629 | 1,686 | 1,740 | +2.9% | |
| Gross margin, % | 100.00 | 100.00 | 100.00 | 98.70 | 97.92 | 97.69 | 96.52 | 95.37 | 94.75 | 94.26 | 93.81 | (5.7) pt | ||||||
| EBT | 148 | 249 | 273 | 270 | 53 | 376 | 437 | 337 | 396 | 457 | 269 | +13.3% | ||||||
| EBT margin, % | 18.34 | 26.48 | 26.24 | 24.21 | 6.85 | 35.21 | 31.16 | 21.82 | 24.96 | 28.61 | 16.49 | +10.3 pt | ||||||
| Net income | 107 | 122 | 216 | 223 | 75 | 289 | 332 | 259 | 300 | 370 | 206 | +14.8% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 14.46 | 16.77 | 18.55 | 20.14 | 14.03 | 19.31 | 25.68 | 30.67 | 33.26 | 34.59 | 36.42 | +10.2% | |||||
| Earnings | 1.91 | 2.03 | 3.83 | 4.00 | 1.36 | 5.20 | 6.05 | 5.11 | 6.26 | 7.97 | 4.53 | +17.2% | ||||||
| Cash flow | 2.72 | 4.59 | 4.33 | 4.89 | 1.99 | 6.93 | 6.72 | 5.89 | 6.70 | 5.86 | 4.64 | +8.9% | ||||||
| Capex | (0.29) | (0.44) | (0.83) | (0.97) | (0.63) | (1.30) | 2.22 | (2.35) | (3.06) | (2.03) | (2.16) | +24.1% | ||||||
| Free cash flow | 2.43 | 4.14 | 3.50 | 3.92 | 1.36 | 5.63 | 8.95 | 3.54 | 3.64 | 3.83 | 2.48 | +5.2% | ||||||
| Book value | (5.57) | (4.61) | (3.27) | (0.42) | (0.10) | 4.80 | 2.83 | 0.71 | (0.95) | 3.93 | 2.94 | n/m | ||||||
| Shares, m | 56 | 56 | 56 | 55 | 55 | 55 | 55 | 50 | 48 | 46 | 45 | (2.1%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 22.48 | 39.01 | 18.69 | 25.79 | 78.48 | 30.06 | 18.26 | 22.41 | 22.50 | 11.94 | 25.90 | 29.0 | |||||
| P/S | 3.82 | 4.59 | 3.86 | 5.14 | 7.61 | 8.08 | 4.29 | 3.72 | 4.27 | 2.75 | 3.22 | 4.8 | ||||||
| P/B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 32.49 | 38.88 | 161.30 | 0.00 | 24.27 | 39.89 | 25.7 | ||||||
| EV/Sales | 4.61 | 5.11 | 4.56 | 5.87 | 8.69 | 8.59 | 5.12 | 4.72 | 5.67 | 4.23 | 4.76 | 5.7 | ||||||
| EV/FCF | 27.47 | 20.70 | 24.15 | 30.14 | 89.53 | 29.45 | 14.69 | 40.86 | 53.48 | 39.47 | 73.57 | 37.0 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 152 | 257 | 243 | 271 | 110 | 384 | 367 | 297 | 319 | 270 | 208 | +6.6% | |||||
| Capex | (16) | (25) | (46) | (53) | (35) | (72) | 121 | (118) | (146) | (94) | (97) | +21.5% | ||||||
| Free cash flow | 136 | 232 | 196 | 217 | 75 | 312 | 488 | 178 | 174 | 177 | 111 | +3.0% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 81 | 116 | (75) | (89) | 177 | 191 | (88) | (646) | (124) | (61) | 118 | n/m | |||||
| Net debt | 638 | 491 | 728 | 818 | 835 | 549 | 1,162 | 1,541 | 1,728 | 1,861 | 2,007 | +12.6% | ||||||
| Shareholders’ equity | (311) | (259) | (184) | (24) | (6) | 266 | 155 | 36 | (45) | 181 | 132 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 13.50 | 13.15 | 20.16 | 17.55 | 5.04 | 16.36 | 16.37 | 11.44 | 12.11 | 13.51 | 6.79 | 0.0 pt | |||||
| ROIC | 35.77 | 77.83 | 36.58 | 25.06 | 9.17 | 32.90 | 22.72 | 14.86 | 17.22 | 13.72 | 10.88 | (22.1) pt | ||||||
| ROE | (29.97) | (42.63) | (97.25) | (213.74) | (512.34) | 221.30 | 157.07 | 270.29 | (6,164.39) | 541.59 | 145.84 | +571.6 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 1,789 | 1,987 | 1,882 | 1,807 | 1,833 | 1,460 | 1,789 | 1,836 | 1,700 | 1,700 | — | (0.6%) | |||||
| Revenue/emp, $m | 0.45 | 0.47 | 0.55 | 0.62 | 0.42 | 0.73 | 0.78 | 0.84 | 0.93 | 0.94 | — | +8.5% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Choice Hotels International, Inc. vs peers in Lodging (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MAR Marriott International, Inc. | $107.5B | 41.5× | 35.7× | +7.95% (above 0%: growing) | +13.69% (above 0%: growing) | +113.91% (above 0%: growing) | 22.03% | 18.19% | Compare |
| HLT Hilton Worldwide Holdings Inc. | $82.3B | 49.4× | 42.3× | +6.57% (above 0%: growing) | +33.68% (above 0%: growing) | −11.11% (below 0%: shrinking) | 91.85% | 27.34% | Compare |
| IHG Intercontinental Hotels Group | $25.6B | 29.7× | 28.4× | +93.76% (above 0%: growing) | +931.26% (above 0%: growing) | +155.56% (above 0%: growing) | 25.15% | 0.00% | Compare |
| H Hyatt Hotels Corporation | $17.2B | 93.0× | 59.2× | −2.41% (below 0%: shrinking) | n/m | −135.82% (below 0%: shrinking) | 21.57% | 11.59% | Compare |
| HTHT H World Group Limited Sponsored ADR | $15.2B | 21.3× | 18.0× | +17.06% (above 0%: growing) | +5.71% (above 0%: growing) | +917.02% (above 0%: growing) | 43.43% | 31.05% | Compare |
| WH Wyndham Hotels & Resorts | $5.7B | 28.7× | 16.8× | +7.33% (above 0%: growing) | −2.19% (below 0%: shrinking) | +9.33% (above 0%: growing) | 92.93% | 41.95% | Compare |
| CHH Choice Hotels International, Inc. | $5.2B | 25.9× | 21.1× | +2.46% (above 0%: growing) | −66.73% (below 0%: shrinking) | −60.42% (below 0%: shrinking) | 94.04% | 23.23% | |
| ATAT Atour Lifestyle Holdings Limited Sponsored ADR | $4.0B | 16.9× | 14.7× | +49.28% (above 0%: growing) | +42.86% (above 0%: growing) | +19.35% (above 0%: growing) | 43.60% | 22.15% | Compare |
| CVEO Civeo Corporation | $337.8M | — (loss-making) | — (loss-making) | +13.26% (above 0%: growing) | n/m | +139.23% (above 0%: growing) | 23.97% | 6.89% | Compare |
| Median of peers | $16.2B | 29.7× | 28.4× | +10.61% | +23.69% | +66.63% | 34.29% | 20.17% |
Pay and ownership Proxy statement filed 22 April 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 8.07m | (5.19m) | 92.81 |
| 2024 | 7.79m | 16.86m | 142.00 |
| 2023 | 6.38m | 6.24m | 112.51 |
| 2022 | 37.99m | 27.12m | 110.76 |
| 2021 | 11.15m | 24.06m | 151.93 |
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Read the proxy statement
Choice Hotels International, Inc. (CHH) Latest News
3 Nov
2 Nov
29 Oct
26 Oct
5 Oct
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30 Sep
4 Sep
31 Aug
CHH metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score