Choice Hotels International, Inc.

CHH Consumer Cyclical Lodging

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%
Market cap
$5.2B
P/E
25.9×
Fwd P/E
21.1×
Dividend yield
0.98%
F-score
6/9
Altman Z
3.11
Beneish M
−2.10
Dividend safety
71/100

Insider Decisions last twelve months

Sold, $m 4.99
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 1 1 — 1 2 — 1 — 1 1
Insider Ownership 45.56%

Capital & Financial Ratios $m

Size
Market Cap 5,240.00
Revenue ttm 1,629.82
Net income ttm 206.24
Free cash flow ttm 110.90
Net debt Q 2,006.51
Valuation
P/E 25.90
Forward P/E 21.10
Price / sales 3.22
Forward P/S Powerpack
Price / FCF 49.82
Price / book 39.89 (above 6: high)
Financial health
Current ratio Q 1.26
Debt / equity Q 16.52 (above 2: weak)
Interest coverage Q 4.16
Growth
Revenue growth Q +2.46% (above 0%: growing)
Operating income growth Q −25.23% (below 0%: shrinking)
EPS, this year +1.87%
EPS, next year A +6.87%
Revenue, next year A +2.02%
EPS, past 5 yrs +42.38% (at or above 15%: strong)
EPS, next 5 yrs A +5.45%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 71.58%
10-year low 10-year high
P/S against its own 10 years 16.76%
10-year low 10-year high
P/B against its own 10 years 53.88%
10-year low 10-year high
EV/Sales against its own 10 years 26.62%
10-year low 10-year high
EV/FCF against its own 10 years 95.34%
10-year low 10-year high

Dividends

Yield
0.98%
Annual rate
1.15
Payout ratio
25.5%
Growth, 2018–26
+3.70%/yr
  1. 0.86 ’18
  2. 0.87 ’19 +1
  3. 0.23 ’20 −74
  4. 0.52 ’21 +130
  5. 1.47 ’22 +183
  6. 1.15 ’23 −22
  7. 0.86 ’24 −25
  8. 1.15 ’25 +33
  9. 1.15 ’26 +0
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 27 40 45 171
Receivables 210 182 221 295
Inventory — — — —
Other 39 41 45 55
297 339 406 576
2023 2024 2025 Q'26
Payables 131 135 156 148
ST’ Debt 499 — — —
Other 95 89 85 85
943 463 467 458

Compound Annual Growth %

10y 5y 3y
Sales 6.39% 15.58% 4.43%
Cash Flow 5.06% 19.70% (9.68%)
Earnings 11.14% 37.48% 3.69%
Book Value 0.00% 0.00% 5.43%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.44 1.41 1.28 — —
’25 0.94 1.75 3.86 1.37 7.90
’24 0.62 1.80 2.22 1.59 6.20
’23 1.02 1.65 1.81 0.58 5.07
’22 1.20 1.89 1.85 1.04 5.99
’21 0.40 1.53 2.08 1.14 5.15
’20 0.99 (0.04) 0.26 0.14 1.35
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 341 441 458 — —
’25 333 426 447 390 1,597
’24 332 435 428 390 1,585
’23 333 427 426 358 1,544
’22 258 368 414 362 1,402
’21 183 278 323 285 1,069
’20 218 152 211 193 774
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (23) 91 55 — —
’25 20 96 69 86 270
’24 2 112 123 83 319
’23 12 114 121 49 297
’22 64 95 106 102 367
’21 0 102 143 138 384
’20 6 (4) 68 40 110
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (50) 72 37 — —
’25 (26) 58 92 52 177
’24 (32) 69 79 52 174
’23 (9) 87 85 14 178
’22 36 105 202 146 488
’21 (10) 86 120 116 312
’20 (1) (19) 57 39 75
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.2
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%

All 12 Lodging stocks →

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

27 Oct

12 Aug

Impact 3 · · The Motley Fool transcript

6 Aug

Impact 3 · · MarketBeat transcript

CHH metrics, ten years each

stockrow.com/CHH · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com