Wyndham Hotels & Resorts (WH) Financials

$80.58 -0.64 (-0.78%)

Closing price 03:59 PM Eastern

Extended Trading

$80.60 +0.03 (+0.04%)

As of 04:38 PM Eastern

Annual Income Statements for Wyndham Hotels & Resorts

This table shows Wyndham Hotels & Resorts' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	176	230	162	157	-132	244	355	289	289	193
Consolidated Net Income / (Loss)	176	230	162	157	-132	244	355	289	289	193
Net Income / (Loss) Continuing Operations	176	230	162	157	-132	244	355	289	289	193
Total Pre-Tax Income	294	243	223	207	-158	335	476	398	368	263
Total Operating Income	295	249	283	307	-46	446	558	503	495	402
Total Gross Profit	622	643	796	867	531	795	830	815	840	864
Total Revenue	1,269	1,280	1,868	2,053	1,300	1,565	1,498	1,397	1,408	1,429
Operating Revenue	1,269	1,280	1,868	2,053	1,300	1,565	1,498	1,397	1,408	1,429
Total Cost of Revenue	647	637	1,072	1,186	769	770	668	582	568	565
Operating Cost of Revenue	647	637	1,072	1,186	769	770	668	582	568	565
Total Operating Expenses	327	394	513	560	577	349	272	312	345	462
Selling, General & Admin Expense	251	271	301	294	225	245	229	224	211	293
Depreciation Expense	73	75	99	109	98	95	77	76	71	62
Other Operating Expenses / (Income)	1.00	6.00	113	62	14	3.00	1.00	12	36	3.00
Impairment Charge	0.00	41	0.00	45	206	6.00	0.00	0.00	12	86
Restructuring Charge	2.00	1.00	0.00	8.00	34	-	0.00	0.00	15	18
Total Other Income / (Expense), net	-1.00	-6.00	-60	-100	-112	-111	-82	-105	-127	-139
Interest Expense	1.00	6.00	60	100	112	111	82	105	127	139
Income Tax Expense	118	13	61	50	-26	91	121	109	79	70
Basic Earnings per Share	$1.76	$2.31	$1.62	$1.63	($1.42)	$2.61	$3.93	$3.43	$3.64	$2.51
Weighted Average Basic Shares Outstanding	-	99.60M	100M	96.30M	93.17M	92.31M	86.36M	81.00M	77.75M	75.15M
Diluted Earnings per Share	$1.76	$2.31	$1.62	$1.62	($1.42)	$2.60	$3.91	$3.41	$3.61	$2.50
Weighted Average Diluted Shares Outstanding	-	99.60M	100M	96.30M	93.17M	92.31M	86.36M	81.00M	77.75M	75.15M
Weighted Average Basic & Diluted Shares Outstanding	-	99.60M	100M	96.30M	93.17M	92.31M	86.36M	81.00M	77.75M	75.15M
Cash Dividends to Common per Share	-	-	$0.75	$1.16	$0.56	$0.88	$1.28	$1.40	$1.52	$1.64

This table shows Wyndham Hotels & Resorts' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	103	49	16	86	102	85	61	87	105	-60	61
Consolidated Net Income / (Loss)	103	49	16	86	102	85	61	87	105	-60	61
Net Income / (Loss) Continuing Operations	103	49	16	86	102	85	61	87	105	-60	61
Total Pre-Tax Income	136	75	22	112	137	97	79	116	142	-74	80
Total Operating Income	163	104	50	145	171	129	112	150	178	-38	114
Total Gross Profit	238	195	173	211	245	211	178	235	251	200	196
Total Revenue	402	320	305	367	396	340	316	397	382	334	327
Operating Revenue	402	320	305	367	396	340	316	397	382	334	327
Total Cost of Revenue	164	125	132	156	151	129	138	162	131	134	131
Operating Cost of Revenue	164	125	132	156	151	129	138	162	131	134	131
Total Operating Expenses	75	91	123	66	74	82	66	84	72	240	82
Selling, General & Admin Expense	55	65	47	49	53	62	49	56	55	133	59
Depreciation Expense	19	19	20	17	17	17	15	15	15	17	16
Other Operating Expenses / (Income)	1.00	7.00	41	-7.00	2.00	-	2.00	0.00	0.00	1.00	2.00
Restructuring Charge	0.00	-	3.00	7.00	2.00	3.00	0.00	13	2.00	3.00	5.00
Total Other Income / (Expense), net	-27	-29	-28	-33	-34	-32	-33	-34	-36	-36	-34
Interest Expense	27	29	28	33	34	32	33	34	36	36	34
Income Tax Expense	33	26	6.00	26	35	12	18	29	37	-14	19
Basic Earnings per Share	$1.22	$0.62	$0.20	$1.07	$1.30	$1.07	$0.78	$1.13	$1.37	($0.77)	$0.80
Weighted Average Basic Shares Outstanding	82.96M	81.00M	80.58M	78.98M	77.79M	77.75M	77.00M	76.36M	75.55M	75.15M	74.86M
Diluted Earnings per Share	$1.21	$0.61	$0.19	$1.07	$1.29	$1.06	$0.78	$1.13	$1.36	($0.77)	$0.80
Weighted Average Diluted Shares Outstanding	82.96M	81.00M	80.58M	78.98M	77.79M	77.75M	77.00M	76.36M	75.55M	75.15M	74.86M
Weighted Average Basic & Diluted Shares Outstanding	82.96M	81.00M	80.58M	78.98M	77.79M	77.75M	77.00M	76.36M	75.55M	75.15M	74.86M
Cash Dividends to Common per Share	$0.35	-	$0.38	$0.38	$0.38	-	$0.41	$0.41	$0.41	-	$0.43

This table details how cash moves in and out of Wyndham Hotels & Resorts' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-11	30	307	-272	399	-322	-10	-95	47	-49
Net Cash From Operating Activities	264	278	231	100	67	426	399	376	290	367
Net Cash From Continuing Operating Activities	264	278	231	100	67	426	399	376	290	367
Net Income / (Loss) Continuing Operations	176	230	162	157	-132	244	355	289	289	193
Consolidated Net Income / (Loss)	176	230	162	157	-132	244	355	289	289	193
Depreciation Expense	73	75	99	109	98	95	77	76	71	62
Amortization Expense	-	-	-	-	-	-	-	15	24	32
Non-Cash Adjustments To Reconcile Net Income	-6.00	40	-3.00	64	251	43	-50	-27	-45	111
Changes in Operating Assets and Liabilities, net	21	-67	-27	-230	-150	44	17	23	-49	-31
Net Cash From Investing Activities	-114	-197	-1,728	-53	-31	-34	179	-66	-65	-103
Net Cash From Continuing Investing Activities	-114	-197	-1,728	-53	-31	-34	179	-66	-65	-103
Purchase of Property, Plant & Equipment	-42	-46	-73	-50	-33	-37	-83	-37	-49	-46
Other Investing Activities, net	0.00	10	21	-3.00	2.00	3.00	-1.00	-29	-16	-57
Net Cash From Financing Activities	-161	-51	1,808	-320	363	-713	-584	-402	-175	-314
Net Cash From Continuing Financing Activities	-161	-51	1,808	-320	363	-713	-584	-402	-175	-314
Repayment of Debt	-2.00	-1.00	-36	-24	-769	-574	-408	-1,255	-1,541	-315
Repurchase of Common Equity	0.00	0.00	-117	-242	-50	-107	-448	-393	-310	-266
Payment of Dividends	-239	-59	-224	-112	-53	-82	-116	-118	-122	-127
Issuance of Debt	80	9.00	2,100	0.00	1,244	45	400	1,378	1,835	405
Other Financing Activities, net	0.00	0.00	85	58	-9.00	5.00	-12	-14	-37	-11
Effect of Exchange Rate Changes	-	-	-4.00	1.00	0.00	-1.00	-4.00	-3.00	-3.00	1.00

This table details how cash moves in and out of Wyndham Hotels & Resorts' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	16	-13	-16	27	2.00	34	-65	2.00	20	-6.00	15
Net Cash From Operating Activities	77	123	76	1.00	79	134	59	70	86	152	42
Net Cash From Continuing Operating Activities	77	126	76	-2.00	79	137	59	70	86	152	42
Net Income / (Loss) Continuing Operations	103	49	16	86	102	85	61	88	104	-60	61
Consolidated Net Income / (Loss)	103	49	16	86	102	85	61	88	104	-60	61
Depreciation Expense	19	20	20	17	17	17	15	16	15	16	16
Amortization Expense	-	-	5.00	-	-	-	7.00	7.00	9.00	9.00	8.00
Non-Cash Adjustments To Reconcile Net Income	-4.00	-10	-8.00	-21	-12	-4.00	-16	-10	-9.00	146	-17
Changes in Operating Assets and Liabilities, net	-41	67	43	-84	-28	39	-8.00	-31	-33	41	-26
Net Cash From Investing Activities	-31	-16	-24	-7.00	-9.00	-25	-59	-12	-15	-17	-7.00
Net Cash From Continuing Investing Activities	-31	-16	-24	-7.00	-9.00	-25	-59	-12	-15	-17	-7.00
Purchase of Property, Plant & Equipment	-10	-9.00	-9.00	-7.00	-8.00	-25	-7.00	-12	-11	-16	-7.00
Purchase of Investments	-21	-	-15	-	-1.00	-	-52	-	-4.00	-	0.00
Net Cash From Financing Activities	-29	-119	-67	35	-68	-75	-65	-57	-50	-142	-20
Net Cash From Continuing Financing Activities	-29	-119	-67	35	-68	-75	-65	-57	-50	-142	-20
Repayment of Debt	-72	-24	-11	-1,472	-40	-18	-76	-53	-61	-125	-625
Repurchase of Common Equity	-97	-132	-55	-131	-97	-27	-74	-79	-70	-43	-51
Payment of Dividends	-29	-28	-32	-31	-29	-30	-33	-32	-31	-31	-34
Issuance of Debt	170	70	48	1,655	99	33	140	102	108	55	702
Other Financing Activities, net	-1.00	-5.00	-17	14	-1.00	-33	-22	5.00	4.00	2.00	-12

This table presents Wyndham Hotels & Resorts' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2020	2021	2022	2023	2024	2025
Period end date	12/31/2017	12/31/2018	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	2,137	4,976	4,644	4,269	4,123	4,033	4,223	4,182
Total Current Assets	334	851	900	720	545	373	467	435
Cash & Equivalents	57	366	493	171	161	66	103	64
Accounts Receivable	194	293	295	246	234	241	271	291
Prepaid Expenses	29	40	45	51	59	27	44	33
Other Current Assets	54	152	67	252	91	39	49	47
Plant, Property, & Equipment, net	250	326	278	106	99	88	94	104
Total Noncurrent Assets	1,553	3,799	3,466	3,443	3,479	3,572	3,662	3,643
Goodwill	423	1,547	1,525	1,525	1,525	1,525	1,525	1,525
Intangible Assets	943	1,987	1,715	1,675	1,606	1,579	1,548	1,490
Other Noncurrent Operating Assets	187	265	226	243	348	468	589	628
Total Liabilities & Shareholders' Equity	2,137	4,976	4,644	4,269	4,123	4,033	4,223	4,182
Total Liabilities	875	3,558	3,681	3,180	3,161	3,287	3,573	3,714
Total Current Liabilities	411	693	346	397	406	459	466	507
Short-Term Debt	0.00	21	21	21	20	37	43	45
Accounts Payable	141	61	28	31	39	32	37	38
Accrued Expenses	186	502	226	258	264	299	265	290
Current Deferred Revenue	84	109	71	70	83	91	121	134
Total Noncurrent Liabilities	464	2,865	3,335	2,783	2,755	2,828	3,107	3,207
Long-Term Debt	0.00	2,120	2,576	2,063	2,057	2,164	2,420	2,515
Noncurrent Deferred Revenue	164	164	158	165	164	167	169	220
Noncurrent Deferred & Payable Income Tax Liabilities	173	399	359	366	345	325	332	271
Other Noncurrent Operating Liabilities	46	182	242	189	189	172	186	201
Total Equity & Noncontrolling Interests	1,262	1,418	963	1,089	962	746	650	468
Total Preferred & Common Equity	1,262	1,418	963	1,089	962	746	650	468
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,262	1,418	963	1,089	962	746	650	468
Common Stock	0.00	1,476	1,505	1,544	1,570	1,600	1,648	15
Retained Earnings	0.00	69	-82	79	318	488	654	471
Treasury Stock	0.00	-119	-408	-519	-964	-1,361	-1,669	-21
Accumulated Other Comprehensive Income / (Loss)	5.00	-8.00	-52	-15	38	19	17	3.00
Other Equity Adjustments	1,257	-	-	-	-	-	-	0.00

This table presents Wyndham Hotels & Resorts' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	4,210	4,084	4,056	4,100	4,064	4,151	4,154	4,249	4,298	4,346	4,248
Total Current Assets	640	515	468	466	367	432	445	437	474	508	475
Cash & Equivalents	286	150	63	79	50	70	72	48	50	70	79
Accounts Receivable	253	230	258	272	248	275	286	278	319	326	300
Prepaid Expenses	47	76	73	53	34	39	40	55	42	27	49
Other Current Assets	54	59	74	62	35	48	47	56	63	85	47
Plant, Property, & Equipment, net	102	96	94	91	83	81	78	95	98	99	138
Total Noncurrent Assets	3,468	3,473	3,494	3,543	3,614	3,638	3,631	3,717	3,726	3,739	3,635
Goodwill	1,525	1,525	1,525	1,525	1,525	1,525	1,525	1,525	1,525	1,525	1,525
Intangible Assets	1,610	1,599	1,593	1,584	1,571	1,564	1,559	1,544	1,542	1,534	1,483
Other Noncurrent Operating Assets	333	349	376	434	518	549	547	648	659	680	627
Total Liabilities & Shareholders' Equity	4,210	4,084	4,056	4,100	4,064	4,151	4,154	4,249	4,298	4,346	4,248
Total Liabilities	3,154	3,148	3,176	3,244	3,390	3,528	3,571	3,670	3,728	3,763	3,801
Total Current Liabilities	400	405	469	434	522	481	459	453	460	439	483
Short-Term Debt	15	26	37	37	37	44	47	45	45	45	23
Accounts Payable	33	33	63	46	63	67	62	39	55	49	40
Accrued Expenses	270	242	270	268	305	264	252	251	261	249	310
Current Deferred Revenue	82	104	99	83	117	106	98	118	99	96	110
Total Noncurrent Liabilities	2,754	2,743	2,707	2,810	2,868	3,047	3,112	3,217	3,268	3,324	3,318
Long-Term Debt	2,063	2,051	2,021	2,123	2,204	2,383	2,440	2,483	2,532	2,582	2,627
Noncurrent Deferred Revenue	163	166	166	170	164	164	165	224	220	222	232
Noncurrent Deferred & Payable Income Tax Liabilities	347	342	344	338	325	326	314	327	321	322	269
Other Noncurrent Operating Liabilities	181	184	176	179	175	174	193	183	195	198	190
Total Equity & Noncontrolling Interests	1,056	936	880	856	674	623	583	579	570	583	447
Total Preferred & Common Equity	1,056	936	880	856	674	623	583	579	570	583	447
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,056	936	880	856	674	623	583	579	570	583	447
Common Stock	1,562	1,570	1,579	1,589	1,593	1,619	1,629	1,637	1,652	1,663	13
Retained Earnings	290	354	394	467	472	528	600	683	738	811	498
Treasury Stock	-831	-1,020	-1,129	-1,234	-1,418	-1,549	-1,646	-1,745	-1,822	-1,892	-72
Accumulated Other Comprehensive Income / (Loss)	35	32	36	34	27	25	0.00	4.00	2.00	1.00	8.00
Other Equity Adjustments	0.00	-	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00

This table displays calculated financial ratios and metrics derived from Wyndham Hotels & Resorts' official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.87%	45.94%	9.90%	-36.68%	20.38%	-4.28%	-6.74%	0.79%	1.49%
EBITDA Growth	0.00%	-11.96%	17.90%	8.90%	-87.50%	940.38%	17.38%	-8.82%	-2.25%	-15.93%
EBIT Growth	0.00%	-15.59%	13.65%	8.48%	-114.98%	1,069.57%	25.11%	-9.86%	-1.59%	-18.79%
NOPAT Growth	0.00%	33.45%	-12.77%	13.26%	-113.83%	1,108.84%	28.11%	-12.23%	6.43%	-24.11%
Net Income Growth	0.00%	30.68%	-29.57%	-3.09%	-184.08%	284.85%	45.49%	-18.59%	0.00%	-33.22%
EPS Growth	0.00%	31.25%	-29.87%	0.00%	-187.65%	283.10%	50.38%	-12.79%	5.87%	-30.75%
Operating Cash Flow Growth	0.00%	5.30%	-16.91%	-56.71%	-33.00%	535.82%	-6.34%	-5.76%	-22.87%	26.55%
Free Cash Flow Firm Growth	0.00%	0.00%	-61.99%	243.34%	-186.61%	117.65%	49.43%	-34.98%	-28.30%	31.29%
Invested Capital Growth	0.00%	0.00%	148.29%	-69.09%	210.74%	-1.57%	-4.67%	0.10%	4.48%	-1.53%
Revenue Q/Q Growth	0.00%	0.00%	12.94%	-1.68%	-13.16%	6.68%	-3.79%	-0.99%	1.44%	-0.42%
EBITDA Q/Q Growth	0.00%	0.00%	29.05%	5.32%	-62.32%	14.38%	-0.31%	2.12%	4.04%	-21.52%
EBIT Q/Q Growth	0.00%	0.00%	37.38%	7.34%	-224.32%	17.99%	0.72%	2.24%	5.32%	-29.35%
NOPAT Q/Q Growth	0.00%	0.00%	-18.35%	11.35%	-224.32%	17.94%	1.45%	-0.43%	13.11%	-33.43%
Net Income Q/Q Growth	0.00%	0.00%	-22.49%	15.44%	-120.00%	29.79%	2.01%	-2.36%	14.23%	-42.90%
EPS Q/Q Growth	0.00%	0.00%	0.00%	16.55%	-108.82%	30.00%	3.17%	-0.87%	14.24%	-42.26%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	1.76%	-28.06%	-54.73%	26.41%	-10.94%	24.09%	3.94%	5.16%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	1,292.68%	-1,167.31%	16.35%	-3.97%	30.38%	-8.11%	13.24%
Invested Capital Q/Q Growth	0.00%	0.00%	-0.25%	-69.49%	0.13%	0.03%	1.05%	-1.91%	0.40%	-5.61%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	49.02%	50.23%	42.61%	42.23%	40.85%	50.80%	55.41%	58.34%	59.66%	60.46%
EBITDA Margin	29.00%	25.31%	20.45%	20.26%	4.00%	34.57%	42.39%	41.45%	40.20%	34.71%
Operating Margin	23.25%	19.45%	15.15%	14.95%	-3.54%	28.50%	37.25%	36.01%	35.16%	28.13%
EBIT Margin	23.25%	19.45%	15.15%	14.95%	-3.54%	28.50%	37.25%	36.01%	35.16%	28.13%
Profit (Net Income) Margin	13.87%	17.97%	8.67%	7.65%	-10.15%	15.59%	23.70%	20.69%	20.53%	13.51%
Tax Burden Percent	59.86%	94.65%	72.65%	75.85%	83.54%	72.84%	74.58%	72.61%	78.53%	73.38%
Interest Burden Percent	99.66%	97.59%	78.80%	67.43%	343.48%	75.11%	85.30%	79.13%	74.34%	65.42%
Effective Tax Rate	40.14%	5.35%	27.35%	24.15%	0.00%	27.16%	25.42%	27.39%	21.47%	26.62%
Return on Invested Capital (ROIC)	0.00%	36.65%	9.18%	11.14%	-1.59%	10.68%	14.11%	12.68%	13.20%	9.88%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-10.67%	4.33%	5.65%	-8.05%	6.67%	10.93%	8.92%	8.76%	5.68%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-0.20%	2.91%	11.00%	-25.83%	13.11%	20.50%	21.16%	28.21%	24.65%
Return on Equity (ROE)	0.00%	36.45%	12.09%	22.14%	-27.41%	23.78%	34.62%	33.84%	41.40%	34.53%
Cash Return on Invested Capital (CROIC)	0.00%	-163.35%	-75.97%	116.69%	-104.20%	12.25%	18.90%	12.58%	8.82%	11.42%
Operating Return on Assets (OROA)	0.00%	11.65%	7.96%	6.46%	-1.00%	10.01%	13.30%	12.33%	11.99%	9.57%
Return on Assets (ROA)	0.00%	10.76%	4.56%	3.30%	-2.88%	5.48%	8.46%	7.09%	7.00%	4.59%
Return on Common Equity (ROCE)	0.00%	36.45%	12.09%	22.14%	-27.41%	23.78%	34.62%	33.84%	41.40%	34.53%
Return on Equity Simple (ROE_SIMPLE)	0.00%	18.23%	11.42%	0.00%	-13.71%	22.41%	36.90%	38.74%	44.46%	0.00%
Net Operating Profit after Tax (NOPAT)	177	236	206	233	-32	325	416	365	389	295
NOPAT Margin	13.92%	18.41%	11.01%	11.34%	-2.48%	20.76%	27.78%	26.14%	27.61%	20.64%
Net Nonoperating Expense Percent (NNEP)	0.00%	47.33%	4.85%	5.49%	6.46%	4.01%	3.18%	3.76%	4.44%	4.20%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	13.69%	12.39%	12.49%	9.74%
Cost of Revenue to Revenue	50.99%	49.77%	57.39%	57.77%	59.15%	49.20%	44.59%	41.66%	40.34%	39.54%
SG&A Expenses to Revenue	19.78%	21.17%	16.11%	14.32%	17.31%	15.66%	15.29%	16.03%	14.99%	20.50%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	25.77%	30.78%	27.46%	27.28%	44.38%	22.30%	18.16%	22.33%	24.50%	32.33%
Earnings before Interest and Taxes (EBIT)	295	249	283	307	-46	446	558	503	495	402
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	368	324	382	416	52	541	635	579	566	496
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	2.89	4.59	5.42	7.32	6.30	8.78	12.06	12.20
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	2.20	2.71	4.02	5.09	4.05	4.69	5.57	3.99
Price to Earnings (P/E)	0.00	0.00	25.33	35.46	0.00	32.68	17.09	22.66	27.13	29.58
Dividend Yield	0.00%	0.00%	1.81%	1.98%	1.00%	1.03%	1.86%	1.77%	1.51%	2.17%
Earnings Yield	0.00%	0.00%	3.95%	2.82%	0.00%	3.06%	5.85%	4.41%	3.69%	3.38%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	1.84	7.70	2.39	3.27	2.77	3.01	3.39	2.77
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	3.15	3.70	5.64	6.32	5.33	6.22	7.24	5.74
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	15.39	18.26	140.92	18.27	12.57	15.00	18.02	16.54
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	20.77	24.74	0.00	22.17	14.30	17.26	20.61	20.41
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	28.59	32.62	0.00	30.43	19.18	23.77	26.24	27.81
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	25.45	75.95	109.37	23.21	20.00	23.09	35.17	22.36
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	3.11	0.00	26.51	14.32	23.97	39.27	24.06
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	1.51	0.00	2.70	1.91	2.16	2.95	3.79	5.47
Long-Term Debt to Equity	0.00	0.00	1.50	0.00	2.68	1.89	2.14	2.90	3.72	5.37
Financial Leverage	0.00	0.02	0.67	1.95	3.21	1.97	1.88	2.37	3.22	4.34
Leverage Ratio	0.00	1.69	2.65	6.71	9.53	4.34	4.09	4.78	5.91	7.52
Compound Leverage Factor	0.00	1.65	2.09	4.52	32.73	3.26	3.49	3.78	4.40	4.92
Debt to Total Capital	0.00%	0.00%	60.16%	100.00%	72.95%	65.68%	68.34%	74.69%	79.12%	84.54%
Short-Term Debt to Total Capital	0.00%	0.00%	0.59%	0.99%	0.59%	0.66%	0.66%	1.26%	1.38%	1.49%
Long-Term Debt to Total Capital	0.00%	0.00%	59.57%	99.01%	72.36%	65.02%	67.69%	73.43%	77.74%	83.06%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	100.00%	39.84%	0.00%	27.05%	34.32%	31.66%	25.31%	20.88%	15.46%
Debt to EBITDA	0.00	0.00	5.60	5.10	49.94	3.85	3.27	3.80	4.35	5.16
Net Debt to EBITDA	0.00	0.00	4.65	4.88	40.46	3.54	3.02	3.69	4.17	5.03
Long-Term Debt to EBITDA	0.00	0.00	5.55	5.05	49.54	3.81	3.24	3.74	4.28	5.07
Debt to NOPAT	0.00	0.00	10.41	9.11	-80.65	6.42	4.99	6.03	6.34	8.68
Net Debt to NOPAT	0.00	0.00	8.63	8.71	-65.34	5.89	4.60	5.85	6.07	8.46
Long-Term Debt to NOPAT	0.00	0.00	10.31	9.02	-80.00	6.35	4.94	5.92	6.23	8.53
Altman Z-Score	0.00	0.00	1.31	1.73	1.22	2.33	2.11	2.10	2.25	1.72
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.81	1.23	1.08	2.60	1.81	1.34	0.81	1.00	0.86
Quick Ratio	0.00	0.61	0.95	0.86	2.28	1.05	0.97	0.67	0.80	0.70
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-1,050	-1,701	2,439	-2,112	373	557	362	260	341
Operating Cash Flow to CapEx	628.57%	604.35%	502.17%	200.00%	203.03%	1,151.35%	0.00%	1,016.22%	591.84%	797.83%
Free Cash Flow to Firm to Interest Expense	0.00	-175.05	-28.36	24.39	-18.86	3.36	6.79	3.45	2.05	2.45
Operating Cash Flow to Interest Expense	264.00	46.33	3.85	1.00	0.60	3.84	4.87	3.58	2.28	2.64
Operating Cash Flow Less CapEx to Interest Expense	222.00	38.67	3.08	0.50	0.30	3.50	7.06	3.23	1.90	2.31
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.60	0.53	0.43	0.28	0.35	0.36	0.34	0.34	0.34
Accounts Receivable Turnover	0.00	6.60	7.67	6.88	4.34	5.79	6.24	5.88	5.50	5.09
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	5.12	6.49	0.00	0.00	8.15	14.61	14.94	15.47	14.43
Accounts Payable Turnover	0.00	4.52	10.61	26.07	26.52	26.10	19.09	16.39	16.46	15.07
Days Sales Outstanding (DSO)	0.00	55.32	47.58	53.07	84.09	63.09	58.48	62.05	66.36	71.77
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	80.79	34.39	14.00	13.76	13.98	19.12	22.26	22.17	24.23
Cash Conversion Cycle (CCC)	0.00	-25.47	13.19	39.07	70.33	49.10	39.35	39.79	44.19	47.55
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	1,286	3,193	987	3,067	3,019	2,878	2,881	3,010	2,964
Invested Capital Turnover	0.00	1.99	0.83	0.98	0.64	0.51	0.51	0.49	0.48	0.48
Increase / (Decrease) in Invested Capital	0.00	1,286	1,907	-2,206	2,080	-48	-141	3.00	129	-46
Enterprise Value (EV)	0.00	0.00	5,878	7,595	7,328	9,886	7,981	8,683	10,200	8,205
Market Capitalization	0.00	0.00	4,103	5,567	5,224	7,973	6,065	6,548	7,840	5,709
Book Value per Share	$0.00	$12.67	$14.30	$0.00	$10.34	$11.69	$10.89	$8.99	$8.36	$6.19
Tangible Book Value per Share	$0.00	($1.04)	($21.33)	$0.00	($24.44)	($22.66)	($24.56)	($28.42)	($31.15)	($33.71)
Total Capital	0.00	1,262	3,559	2,122	3,560	3,173	3,039	2,947	3,113	3,028
Total Debt	0.00	0.00	2,141	2,122	2,597	2,084	2,077	2,201	2,463	2,560
Total Long-Term Debt	0.00	0.00	2,120	2,101	2,576	2,063	2,057	2,164	2,420	2,515
Net Debt	0.00	-57	1,775	2,028	2,104	1,913	1,916	2,135	2,360	2,496
Capital Expenditures (CapEx)	42	46	46	50	33	37	-180	37	49	46
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-134	-187	-36	82	173	-2.00	-115	-59	-91
Debt-free Net Working Capital (DFNWC)	0.00	-77	179	58	575	344	159	-49	44	-27
Net Working Capital (NWC)	0.00	-77	158	37	554	323	139	-86	1.00	-72
Net Nonoperating Expense (NNE)	0.60	5.68	44	76	100	81	61	76	100	102
Net Nonoperating Obligations (NNO)	0.00	24	1,775	987	2,104	1,930	1,916	2,135	2,360	2,496
Total Depreciation and Amortization (D&A)	73	75	99	109	98	95	77	76	71	94
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-10.47%	-10.01%	-1.75%	6.31%	11.05%	-0.13%	-8.23%	-4.19%	-6.37%
Debt-free Net Working Capital to Revenue	0.00%	-6.02%	9.58%	2.83%	44.23%	21.98%	10.61%	-3.51%	3.13%	-1.89%
Net Working Capital to Revenue	0.00%	-6.02%	8.46%	1.80%	42.62%	20.64%	9.28%	-6.16%	0.07%	-5.04%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.76	$2.31	$1.62	$1.63	($1.42)	$2.61	$3.93	$3.43	$3.64	$2.51
Adjusted Weighted Average Basic Shares Outstanding	0.00	99.60M	97.89M	93.70M	93.17M	92.31M	86.36M	81.00M	77.75M	75.15M
Adjusted Diluted Earnings per Share	$1.76	$2.31	$1.62	$1.62	($1.42)	$2.60	$3.91	$3.41	$3.61	$2.50
Adjusted Weighted Average Diluted Shares Outstanding	0.00	99.60M	97.89M	93.70M	93.17M	92.31M	86.36M	81.00M	77.75M	75.15M
Adjusted Basic & Diluted Earnings per Share	$1.76	$2.31	$1.62	$1.63	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	99.60M	97.89M	93.70M	93.17M	92.31M	86.36M	81.00M	77.75M	75.15M
Normalized Net Operating Profit after Tax (NOPAT)	178	275	206	305	136	329	390	365	410	371
Normalized NOPAT Margin	14.01%	21.52%	11.01%	14.85%	10.45%	21.04%	26.04%	26.14%	29.12%	25.98%
Pre Tax Income Margin	23.17%	18.98%	11.94%	10.08%	-12.15%	21.41%	31.78%	28.49%	26.14%	18.40%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	295.00	41.50	4.72	3.07	-0.41	4.02	6.80	4.79	3.90	2.89
NOPAT to Interest Expense	176.60	39.28	3.43	2.33	-0.29	2.93	5.08	3.48	3.06	2.12
EBIT Less CapEx to Interest Expense	253.00	33.83	3.95	2.57	-0.71	3.68	9.00	4.44	3.51	2.56
NOPAT Less CapEx to Interest Expense	134.60	31.61	2.66	1.83	-0.58	2.59	7.27	3.13	2.68	1.79
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	135.80%	25.65%	138.27%	71.34%	-40.15%	33.61%	32.68%	40.83%	42.21%	65.80%
Augmented Payout Ratio	135.80%	25.65%	210.49%	225.48%	-78.03%	77.46%	158.87%	176.82%	149.48%	203.63%

This table displays calculated financial ratios and metrics derived from Wyndham Hotels & Resorts' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	75,148,844.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	75,148,844.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.81
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.23%	-4.19%	-2.56%	1.38%	-1.49%	6.25%	3.61%	8.17%	-3.54%	-1.76%	3.48%
EBITDA Growth	2.25%	10.71%	-46.97%	14.89%	3.30%	17.74%	78.67%	2.98%	3.59%	-108.55%	2.99%
EBIT Growth	1.88%	11.83%	-55.75%	17.89%	4.91%	24.04%	124.00%	3.45%	4.09%	-129.46%	1.79%
NOPAT Growth	6.18%	-3.46%	-56.29%	24.14%	3.13%	66.37%	137.82%	1.04%	3.38%	-123.53%	0.51%
Net Income Growth	1.98%	-12.50%	-76.12%	22.86%	-0.97%	73.47%	281.25%	1.16%	2.94%	-170.59%	0.00%
EPS Growth	7.08%	-4.69%	-75.32%	30.49%	6.61%	73.77%	310.53%	5.61%	5.43%	-172.64%	2.56%
Operating Cash Flow Growth	-28.04%	146.00%	-18.28%	-98.80%	2.60%	8.94%	-22.37%	6,900.00%	8.86%	13.43%	-28.81%
Free Cash Flow Firm Growth	-87.97%	-69.27%	-37.74%	156.04%	92.50%	-124.57%	-412.89%	-170.99%	-115.65%	221.56%	218.98%
Invested Capital Growth	3.13%	0.10%	0.07%	3.65%	2.08%	4.48%	6.77%	3.93%	4.74%	-1.53%	-1.34%
Revenue Q/Q Growth	11.05%	-20.40%	-4.69%	20.33%	7.90%	-14.14%	-7.06%	25.63%	-3.78%	-12.57%	-2.10%
EBITDA Q/Q Growth	29.08%	-31.87%	-43.55%	131.43%	16.05%	-22.34%	-8.22%	29.10%	16.76%	-106.44%	1,161.54%
EBIT Q/Q Growth	32.52%	-36.20%	-51.92%	190.00%	17.93%	-24.56%	-13.18%	33.93%	18.67%	-121.35%	400.00%
NOPAT Q/Q Growth	37.64%	-44.96%	-46.48%	206.18%	14.35%	-11.21%	-23.50%	30.09%	17.00%	-120.21%	426.79%
Net Income Q/Q Growth	47.14%	-52.43%	-67.35%	437.50%	18.60%	-16.67%	-28.24%	42.62%	20.69%	-157.14%	201.67%
EPS Q/Q Growth	47.56%	-49.59%	-68.85%	463.16%	20.56%	-17.83%	-26.42%	44.87%	20.35%	-156.62%	203.90%
Operating Cash Flow Q/Q Growth	-7.23%	59.74%	-38.21%	-98.68%	7,800.00%	69.62%	-55.97%	18.64%	22.86%	76.74%	-72.37%
Free Cash Flow Firm Q/Q Growth	404.52%	88.53%	-47.09%	-81.55%	946.08%	-124.07%	-573.73%	95.81%	-130.67%	286.89%	559.41%
Invested Capital Q/Q Growth	2.16%	-1.91%	-0.56%	4.01%	0.60%	0.40%	1.63%	1.24%	1.39%	-5.61%	1.82%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	59.20%	60.94%	56.72%	57.49%	61.87%	62.06%	56.33%	59.19%	65.71%	59.88%	59.94%
EBITDA Margin	45.27%	38.75%	22.95%	44.14%	47.47%	42.94%	42.41%	43.58%	52.88%	-3.89%	42.20%
Operating Margin	40.55%	32.50%	16.39%	39.51%	43.18%	37.94%	35.44%	37.78%	46.60%	-11.38%	34.86%
EBIT Margin	40.55%	32.50%	16.39%	39.51%	43.18%	37.94%	35.44%	37.78%	46.60%	-11.38%	34.86%
Profit (Net Income) Margin	25.62%	15.31%	5.25%	23.43%	25.76%	25.00%	19.30%	21.91%	27.49%	-17.96%	18.65%
Tax Burden Percent	75.74%	65.33%	72.73%	76.79%	74.45%	87.63%	77.22%	75.00%	73.94%	81.08%	76.25%
Interest Burden Percent	83.44%	72.12%	44.00%	77.24%	80.12%	75.19%	70.54%	77.33%	79.78%	194.74%	70.18%
Effective Tax Rate	24.26%	34.67%	27.27%	23.21%	25.55%	12.37%	22.78%	25.00%	26.06%	0.00%	23.75%
Return on Invested Capital (ROIC)	14.98%	10.30%	5.78%	14.45%	15.04%	15.89%	13.11%	13.51%	16.11%	-3.81%	12.60%
ROIC Less NNEP Spread (ROIC-NNEP)	13.92%	9.37%	4.79%	13.28%	13.91%	14.65%	12.02%	12.47%	15.04%	-5.19%	11.57%
Return on Net Nonoperating Assets (RNNOA)	28.21%	22.21%	12.26%	38.46%	43.47%	47.16%	44.81%	51.05%	64.13%	-22.52%	56.97%
Return on Equity (ROE)	43.19%	32.52%	18.04%	52.90%	58.50%	63.05%	57.92%	64.56%	80.24%	-26.33%	69.56%
Cash Return on Invested Capital (CROIC)	9.61%	12.58%	11.04%	8.03%	9.53%	8.82%	8.23%	10.59%	9.81%	11.42%	11.07%
Operating Return on Assets (OROA)	13.77%	11.13%	5.59%	13.42%	14.52%	12.94%	12.10%	12.96%	15.73%	-3.87%	11.82%
Return on Assets (ROA)	8.70%	5.25%	1.79%	7.96%	8.66%	8.53%	6.59%	7.52%	9.28%	-6.11%	6.32%
Return on Common Equity (ROCE)	43.19%	32.52%	18.04%	52.90%	58.50%	63.05%	57.92%	64.56%	80.24%	-26.33%	69.56%
Return on Equity Simple (ROE_SIMPLE)	34.58%	0.00%	35.31%	40.77%	43.40%	0.00%	57.69%	58.77%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	123	68	36	111	127	113	86	113	132	-27	87
NOPAT Margin	30.71%	21.23%	11.92%	30.34%	32.15%	33.25%	27.37%	28.34%	34.46%	-7.96%	26.58%
Net Nonoperating Expense Percent (NNEP)	1.06%	0.94%	0.99%	1.16%	1.13%	1.25%	1.09%	1.04%	1.07%	1.38%	1.03%
Return On Investment Capital (ROIC_SIMPLE)	-	2.31%	-	-	-	3.63%	2.78%	3.57%	4.10%	-0.88%	2.81%
Cost of Revenue to Revenue	40.80%	39.06%	43.28%	42.51%	38.13%	37.94%	43.67%	40.81%	34.29%	40.12%	40.06%
SG&A Expenses to Revenue	13.68%	20.31%	15.41%	13.35%	13.38%	18.24%	15.51%	14.11%	14.40%	39.82%	18.04%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.66%	28.44%	40.33%	17.98%	18.69%	24.12%	20.89%	21.16%	18.85%	71.86%	25.08%
Earnings before Interest and Taxes (EBIT)	163	104	50	145	171	129	112	150	178	-38	114
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	182	124	70	162	188	146	134	173	202	-13	138
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.71	8.78	9.40	9.57	10.59	12.06	12.15	10.97	10.46	12.20	13.66
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	4.07	4.69	4.56	4.28	4.45	5.57	4.96	4.32	4.25	3.99	4.24
Price to Earnings (P/E)	19.41	22.66	26.61	23.48	24.39	27.13	21.07	18.67	18.05	29.58	31.63
Dividend Yield	2.01%	1.77%	1.87%	1.97%	1.91%	1.51%	1.71%	1.95%	2.02%	2.17%	2.04%
Earnings Yield	5.15%	4.41%	3.76%	4.26%	4.10%	3.69%	4.75%	5.36%	5.54%	3.38%	3.16%
Enterprise Value to Invested Capital (EV/IC)	2.67	3.01	2.98	2.79	2.86	3.39	3.11	2.84	2.76	2.77	2.87
Enterprise Value to Revenue (EV/Rev)	5.55	6.22	6.14	5.97	6.19	7.24	6.71	6.06	6.03	5.74	6.02
Enterprise Value to EBITDA (EV/EBITDA)	13.81	15.00	16.49	15.46	15.78	18.02	15.28	14.00	13.70	16.54	17.35
Enterprise Value to EBIT (EV/EBIT)	15.91	17.26	19.38	18.01	18.27	20.61	17.09	15.62	15.22	20.41	21.47
Enterprise Value to NOPAT (EV/NOPAT)	21.34	23.77	26.78	24.46	24.98	26.24	21.74	20.01	19.54	27.81	29.37
Enterprise Value to Operating Cash Flow (EV/OCF)	25.83	23.09	23.75	30.04	30.78	35.17	34.86	25.67	24.81	22.36	24.79
Enterprise Value to Free Cash Flow (EV/FCFF)	28.17	23.97	26.95	35.38	30.38	39.27	39.05	27.28	28.75	24.06	25.79
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.52	2.95	3.32	3.90	4.27	3.79	4.37	4.52	4.51	5.47	5.93
Long-Term Debt to Equity	2.48	2.90	3.27	3.83	4.19	3.72	4.29	4.44	4.43	5.37	5.88
Financial Leverage	2.03	2.37	2.56	2.90	3.12	3.22	3.73	4.09	4.26	4.34	4.92
Leverage Ratio	4.35	4.78	5.06	5.46	5.74	5.91	6.63	7.08	7.29	7.52	8.28
Compound Leverage Factor	3.63	3.44	2.23	4.22	4.60	4.45	4.68	5.48	5.82	14.64	5.81
Debt to Total Capital	71.62%	74.69%	76.88%	79.57%	81.01%	79.12%	81.36%	81.89%	81.84%	84.54%	85.57%
Short-Term Debt to Total Capital	1.23%	1.26%	1.27%	1.44%	1.53%	1.38%	1.45%	1.43%	1.40%	1.49%	0.74%
Long-Term Debt to Total Capital	70.39%	73.43%	75.61%	78.13%	79.48%	77.74%	79.92%	80.46%	80.44%	83.06%	84.82%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	28.38%	25.31%	23.12%	20.43%	18.99%	20.88%	18.64%	18.11%	18.16%	15.46%	14.43%
Debt to EBITDA	3.81	3.80	4.33	4.51	4.57	4.35	4.06	4.11	4.16	5.16	5.30
Net Debt to EBITDA	3.67	3.69	4.24	4.38	4.44	4.17	3.98	4.03	4.05	5.03	5.14
Long-Term Debt to EBITDA	3.74	3.74	4.26	4.43	4.49	4.28	3.99	4.04	4.09	5.07	5.25
Debt to NOPAT	5.89	6.03	7.04	7.14	7.24	6.34	5.78	5.87	5.93	8.68	8.97
Net Debt to NOPAT	5.67	5.85	6.88	6.93	7.03	6.07	5.67	5.76	5.77	8.46	8.71
Long-Term Debt to NOPAT	5.79	5.92	6.92	7.01	7.10	6.23	5.67	5.77	5.83	8.53	8.89
Altman Z-Score	1.71	1.77	1.62	1.63	1.71	1.97	1.79	1.70	1.72	1.37	1.55
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.07	0.81	0.70	0.90	0.97	1.00	0.96	1.03	1.16	0.86	0.98
Quick Ratio	0.81	0.67	0.57	0.72	0.78	0.80	0.72	0.80	0.90	0.70	0.78
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	34	65	34	6.34	66	-16	-108	-4.50	-10	19	128
Operating Cash Flow to CapEx	770.00%	1,366.67%	844.44%	14.29%	987.50%	536.00%	842.86%	583.33%	781.82%	950.00%	600.00%
Free Cash Flow to Firm to Interest Expense	1.28	2.24	1.23	0.19	1.95	-0.50	-3.26	-0.13	-0.29	0.54	3.76
Operating Cash Flow to Interest Expense	2.85	4.24	2.71	0.03	2.32	4.19	1.79	2.06	2.39	4.22	1.24
Operating Cash Flow Less CapEx to Interest Expense	2.48	3.93	2.39	-0.18	2.09	3.41	1.58	1.71	2.08	3.78	1.03
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.34	0.34	0.34	0.34	0.34	0.34	0.34	0.34	0.34	0.34	0.34
Accounts Receivable Turnover	5.38	5.88	5.81	5.23	4.97	5.50	5.40	4.88	4.69	5.09	4.98
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	14.62	14.94	15.52	15.93	16.43	15.47	15.94	16.19	16.21	14.43	12.36
Accounts Payable Turnover	15.75	16.39	12.19	8.88	10.44	16.46	11.25	9.51	10.09	15.07	14.13
Days Sales Outstanding (DSO)	67.90	62.05	62.80	69.78	73.37	66.36	67.65	74.81	77.83	71.77	73.25
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	23.18	22.26	29.95	41.12	34.95	22.17	32.43	38.39	36.17	24.23	25.84
Cash Conversion Cycle (CCC)	44.72	39.79	32.86	28.66	38.42	44.19	35.22	36.43	41.66	47.55	47.42
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,937	2,881	2,865	2,980	2,998	3,010	3,059	3,097	3,140	2,964	3,018
Invested Capital Turnover	0.49	0.49	0.49	0.48	0.47	0.48	0.48	0.48	0.47	0.48	0.47
Increase / (Decrease) in Invested Capital	89	3.00	2.00	105	61	129	194	117	142	-46	-41
Enterprise Value (EV)	7,828	8,683	8,525	8,320	8,586	10,200	9,517	8,780	8,658	8,205	8,675
Market Capitalization	5,747	6,548	6,334	5,963	6,171	7,840	7,037	6,253	6,101	5,709	6,104
Book Value per Share	$10.16	$8.99	$8.36	$7.73	$7.38	$8.36	$7.45	$7.40	$7.64	$6.19	$5.95
Tangible Book Value per Share	($26.74)	($28.42)	($30.06)	($30.60)	($31.67)	($31.15)	($32.03)	($32.43)	($32.43)	($33.71)	($34.08)
Total Capital	3,016	2,947	2,915	3,050	3,070	3,113	3,107	3,147	3,210	3,028	3,097
Total Debt	2,160	2,201	2,241	2,427	2,487	2,463	2,528	2,577	2,627	2,560	2,650
Total Long-Term Debt	2,123	2,164	2,204	2,383	2,440	2,420	2,483	2,532	2,582	2,515	2,627
Net Debt	2,081	2,135	2,191	2,357	2,415	2,360	2,480	2,527	2,557	2,496	2,571
Capital Expenditures (CapEx)	10	9.00	9.00	7.00	8.00	25	7.00	12	11	16	7.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-10	-115	-168	-75	-39	-59	-19	9.00	44	-91	-64
Debt-free Net Working Capital (DFNWC)	69	-49	-118	-5.00	33	44	29	59	114	-27	15
Net Working Capital (NWC)	32	-86	-155	-49	-14	1.00	-16	14	69	-72	-8.00
Net Nonoperating Expense (NNE)	20	19	20	25	25	28	25	26	27	33	26
Net Nonoperating Obligations (NNO)	2,081	2,135	2,191	2,357	2,415	2,360	2,480	2,527	2,557	2,496	2,571
Total Depreciation and Amortization (D&A)	19	20	20	17	17	17	22	23	24	25	24
Debt-free, Cash-free Net Working Capital to Revenue	-0.71%	-8.23%	-12.10%	-5.38%	-2.81%	-4.19%	-1.34%	0.62%	3.07%	-6.37%	-4.44%
Debt-free Net Working Capital to Revenue	4.89%	-3.51%	-8.50%	-0.36%	2.38%	3.13%	2.04%	4.07%	7.94%	-1.89%	1.04%
Net Working Capital to Revenue	2.27%	-6.16%	-11.16%	-3.52%	-1.01%	0.07%	-1.13%	0.97%	4.81%	-5.04%	-0.56%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.22	$0.62	$0.20	$1.07	$1.30	$1.07	$0.78	$1.13	$1.37	($0.77)	$0.80
Adjusted Weighted Average Basic Shares Outstanding	82.96M	81.00M	80.58M	78.98M	77.79M	77.75M	77.00M	76.36M	75.55M	75.15M	74.86M
Adjusted Diluted Earnings per Share	$1.21	$0.61	$0.19	$1.07	$1.29	$1.06	$0.78	$1.13	$1.36	($0.77)	$0.80
Adjusted Weighted Average Diluted Shares Outstanding	82.96M	81.00M	80.58M	78.98M	77.79M	77.75M	77.00M	76.36M	75.55M	75.15M	74.86M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	82.96M	81.00M	80.58M	78.98M	77.79M	77.75M	77.00M	76.36M	75.55M	75.15M	74.86M
Normalized Net Operating Profit after Tax (NOPAT)	123	68	47	117	129	116	86	122	133	36	91
Normalized NOPAT Margin	30.71%	21.23%	15.50%	31.80%	32.53%	34.02%	27.37%	30.79%	34.84%	10.69%	27.75%
Pre Tax Income Margin	33.83%	23.44%	7.21%	30.52%	34.60%	28.53%	25.00%	29.22%	37.17%	-22.16%	24.46%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.04	3.59	1.79	4.39	5.03	4.03	3.39	4.41	4.94	-1.06	3.35
NOPAT to Interest Expense	4.57	2.34	1.30	3.37	3.74	3.53	2.62	3.31	3.66	-0.74	2.56
EBIT Less CapEx to Interest Expense	5.67	3.28	1.46	4.18	4.79	3.25	3.18	4.06	4.64	-1.50	3.15
NOPAT Less CapEx to Interest Expense	4.20	2.03	0.98	3.16	3.51	2.75	2.41	2.96	3.35	-1.18	2.35
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	39.86%	40.83%	50.00%	47.24%	47.43%	42.21%	36.83%	37.01%	37.28%	65.80%	66.32%
Augmented Payout Ratio	173.65%	176.82%	215.55%	210.63%	211.46%	149.48%	135.33%	119.70%	111.24%	203.63%	192.23%

Financials Breakdown Chart

Key Financial Trends

MarketBeat summary: Wyndham Hotels & Resorts (NYSE: WH) quarterly results across the last four years show solid cash generation with some near-term profitability volatility driven by impairment in Q4 2025. Below are the 10 most notable takeaways, ordered with positives first, then neutral observations, and finally negatives.

Operating cash flow remains strong and positive, with Net Cash From Continuing Operating Activities reaching 152,000,000 in Q4 2025, up from 59,000,000 in Q1 2025 and 86,000,000 in Q3 2025.
Dividend policy remains stable, with Cash Dividends per Share (DPS) at 0.41 in Q1–Q4 2025.
Profitability improved through the first three quarters of 2025, with Net Income from Continuing Operations of 61,000,000 (Q1), 87,000,000 (Q2), and 105,000,000 (Q3).
Liquidity remains adequate, with cash and cash equivalents typically in the 50–70 million range across 2025 quarters, supporting near-term obligations.
Revenue held in a steady band around 316–397 million per quarter in 2025, with Q2 and Q3 peaking above Q4's 334 million.
Total Operating Income swung from +178,000,000 in Q3 2025 to -38,000,000 in Q4 2025, reflecting quarterly earnings volatility tied to impairment costs.
Financing activity shows mixed signals: debt issuances of roughly 55,000,000 in Q1 and Q2 2025 followed by a substantial net outflow from financing in Q4 2025 of about 142,000,000.
The balance sheet remains heavily leveraged, with total liabilities around 3.76 billion and equity near 0.58 billion in mid-2025, indicating a debt-heavy capital structure.
Earnings per share exhibit quarter-to-quarter variability, with EPS of 1.37 (Q3 2025) and 1.13 (Q2 2025) and 1.07 (Q1 2025) but a negative -0.77 in Q4 2025, reflecting a quarter-specific impairment impact rather than a structural trend.
Impairment charge of 86,000,000 in Q4 2025 weighs on profitability and signals potential asset impairment exposure in a challenging environment.

05/14/26 05:16 PM ETAI Generated. May Contain Errors.

Wyndham Hotels & Resorts Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Wyndham Hotels & Resorts' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Wyndham Hotels & Resorts' net income appears to be on an upward trend, with a most recent value of $193 million in 2025, rising from $176 million in 2016. The previous period was $289 million in 2024. Check out Wyndham Hotels & Resorts' forecast to explore projected trends and price targets.

Wyndham Hotels & Resorts' total operating income in 2025 was $402 million, based on the following breakdown:

Total Gross Profit: $864 million
Total Operating Expenses: $462 million

Over the last 9 years, Wyndham Hotels & Resorts' total revenue changed from $1.27 billion in 2016 to $1.43 billion in 2025, a change of 12.6%.

Wyndham Hotels & Resorts' total liabilities were at $3.71 billion at the end of 2025, a 3.9% increase from 2024, and a 324.5% increase since 2017.

In the past 7 years, Wyndham Hotels & Resorts' cash and equivalents has ranged from $57 million in 2017 to $493 million in 2020, and is currently $64 million as of their latest financial filing in 2025.

Over the last 9 years, Wyndham Hotels & Resorts' book value per share changed from 0.00 in 2016 to 6.19 in 2025, a change of 619.4%.

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Financial statements for NYSE:WH last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Wyndham Hotels & Resorts (WH) Financials

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Wyndham Hotels & Resorts (WH) Financials

Annual Income Statements for Wyndham Hotels & Resorts

Quarterly Income Statements for Wyndham Hotels & Resorts

Annual Cash Flow Statements for Wyndham Hotels & Resorts

Quarterly Cash Flow Statements for Wyndham Hotels & Resorts

Annual Balance Sheets for Wyndham Hotels & Resorts

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Annual Metrics And Ratios for Wyndham Hotels & Resorts

Quarterly Metrics And Ratios for Wyndham Hotels & Resorts

Financials Breakdown Chart

Key Financial Trends

Wyndham Hotels & Resorts Financials - Frequently Asked Questions

When does Wyndham Hotels & Resorts' financial year end?

How has Wyndham Hotels & Resorts' net income changed over the last 9 years?

What is Wyndham Hotels & Resorts' operating income?

How has Wyndham Hotels & Resorts' revenue changed over the last 9 years?

How much debt does Wyndham Hotels & Resorts have?

How much cash does Wyndham Hotels & Resorts have?

How has Wyndham Hotels & Resorts' book value per share changed over the last 9 years?

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