Wyndham Hotels & Resorts, Inc. WH

Consumer DiscretionaryHotels & Entertainment ServicesUnited States of America

Last close 78.53 USD on Nov 2, 2026, +5.7% year to date

Quant rating

Quant rating B Rank 120 of 344 in Consumer Discretionary

Growth C 229 of 344
Valuation C 178 of 344
Quality B 110 of 344
Revisions B 74 of 344
Momentum C 170 of 344

Wall Street consensus Buy (1.89)Average target 95.62 USD +21.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 5.7B
Enterprise value: 8.4B
52-week range: 66.87 – 90.20
3-year range: 66.87 – 111.91
Dividend yield: 2.29%
Beta (5 years): 0.64
Shares outstanding: 72.9M
Next earnings: Feb 16, 2027

About the company

Wyndham Hotels & Resorts, Inc. is a hotel franchising company. The Company operates through one segment: Hotel Franchising. The Hotel Franchising segment consists of licensing its lodging brands and providing related services to third-party hotel owners and others. The Company operates approximately 9,300 hotels across over 95 countries on six continents. Through its network of approximately 903,000 rooms appealing to the everyday traveler. The Company operates a portfolio of 25 hotel brands, including Super 8, Days Inn, Ramada, Microtel, La Quinta, Baymont, Wingate, AmericInn, ECHO Suites, Registry Collection Hotels, Trademark Collection, and Wyndham.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	1,429	1,408	1,397	1,498	1,565	–
Revenue growth	1.5%	0.8%	−6.7%	−4.3%	20.4%	1.9%
EPS (basic, normalized)	4.58	4.33	4.01	3.96	3.16	–
EPS growth	5.8%	8.0%	1.3%	25.3%	–	–
Gross margin	65.9%	67.5%	67.4%	63.7%	56.2%	64.1%
Net margin	13.5%	20.5%	20.7%	23.7%	15.6%	18.8%
ROE	34.5%	41.4%	33.8%	34.6%	23.8%	33.6%

Balance sheet, last quarter
Cash & short-term investments (mil)	71.0
Current ratio	1.01x
Long-term debt (mil)	2,704
Net debt (mil)	2,656
Total equity (mil)	475
Net debt / equity	5.59x
Net debt / EBITDA	3.70x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	1,429	+1.5%	5.9x	718	+3.4%	11.7x	4.58	+5.8%	17.1x
2026	1,485	+3.9%	5.6x	743	+3.5%	11.3x	4.87	+6.4%	16.1x
2027	1,569	+5.7%	5.3x	789	+6.1%	10.6x	5.37	+10.3%	14.6x
2028	1,662	+5.9%	5.0x	880	+11.5%	9.5x	6.08	+13.1%	12.9x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	1,485	+0.4%	+0.5%	−0.1%	4.87	+1.5%	+1.5%	+1.0%
2027	1,569	+0.1%	+0.4%	−0.3%	5.37	+0.8%	+0.9%	−0.4%
2028	1,662	+0.2%	+0.7%	−0.5%	6.08	+0.2%	+0.6%	−0.3%

Earnings surprises EPS beat in 4 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	304	367	394	341	316	397	382	334	327	375
Sales mean (mil)	308	371	414	344	318	385	405	337	323	402
Surprise	−1.4%	−1.0%	−4.7%	−1.0%	−0.6%	+3.1%	−5.6%	−1.0%	+1.4%	−6.7%
EPS reported	0.78	1.13	1.39	1.04	0.86	1.33	1.46	0.93	0.96	1.48
EPS mean	0.75	1.03	1.38	0.99	0.81	1.17	1.44	0.89	0.86	1.41
Surprise	+4.6%	+9.2%	+0.9%	+5.0%	+5.6%	+14.1%	+1.4%	+4.4%	+11.2%	+5.3%

Peer comparison Hotels & Entertainment Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
WH Wyndham Hotels & Resorts, Inc.	5.7B	3.70x	13.5%	12.13x	16.1x	14.6x	11.3x	10.6x
BKNG Booking Holdings Inc.	115.5B	0.30x	20.1%	−10.81x	14.7x	12.4x	10.9x	9.7x
MAR Marriott International, Inc.	108.6B	3.06x	9.9%	−24.09x	35.1x	31.4x	20.7x	19.3x
HLT Hilton Worldwide Holdings Inc.	81.1B	3.39x	12.1%	−12.34x	40.0x	34.9x	23.1x	21.0x
RCL Royal Caribbean Cruises Ltd.	85.9B	3.09x	23.8%	7.33x	17.9x	15.8x	13.9x	12.6x
VIK Viking Holdings Ltd	38.9B	1.19x	17.7%	23.53x	27.0x	20.1x	19.7x	15.6x
Mean		2.45x	16.2%	−0.71x	25.1x	21.5x	16.6x	14.8x
Median		3.07x	15.6%	−1.74x	22.5x	17.9x	16.8x	14.1x

Technical analysis

1M+9.4%
3M+5.6%
1Y+9.4%
3Y+14.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Wyndham Hotels & Resorts, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	1,429	1,408	1,397	1,498	1,565	1,300
Cost of revenue	487	458	455	544	685	712
Gross profit	942	950	942	954	880	588
Selling, general & administrative expenses	371	321	351	353	330	282
Research & development	–	–	–	–	–	–
Depreciation/amortization	62.0	71.0	76.0	77.0	95.0	98.0
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	107	66.0	15.0	−32.0	27.0	254
Other operating expenses	0	0	0	0	0	0
Operating income	402	492	500	556	428	−46.0
Net interest income (expense)	−139	−124	−102	−80.0	−93.0	−112
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	263	368	398	476	335	−158
Provision for taxes	70.0	79.0	109	121	91.0	−26.0
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	193	289	289	355	244	−132
Extraordinary items	–	–	–	–	–	–
Net income	193	289	289	355	244	−132
EBIT, normalized	541	558	515	524	455	208
EBITDA, normalized	603	629	591	601	550	306
Basic EPS, normalized	4.58	4.33	4.01	3.96	3.16	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Wyndham Hotels & Resorts, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	64.0	103	66.0	161	171	493
Receivables	291	271	241	234	246	295
Total inventory	–	–	–	–	–	–
Prepaid expenses	33.0	44.0	27.0	59.0	51.0	45.0
Other current assets	47.0	49.0	39.0	91.0	252	67.0
Total current assets	435	467	373	545	720	900
Property, plant & equipment	110	104	98.0	110	120	292
Goodwill	1,525	1,525	1,525	1,525	1,525	1,525
Intangibles	1,490	1,548	1,579	1,606	1,675	1,715
Long-term investments	–	–	–	–	–	–
Note receivable	343	308	228	144	108	68.0
Other long-term assets	279	271	230	193	121	144
Total assets	4,182	4,223	4,033	4,123	4,269	4,644
Liabilities
Accounts payable	38.0	37.0	32.0	39.0	31.0	28.0
Payable/accrued	–	–	–	–	–	–
Accrued expenses	183	199	235	226	225	187
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	45.0	43.0	37.0	20.0	21.0	21.0
Other current liabilities	241	187	155	121	120	110
Total current liabilities	507	466	459	406	397	346
Long-term debt	2,515	2,420	2,164	2,057	2,063	2,576
Minority interest	–	–	–	–	–	–
Other liabilities	692	687	664	698	720	759
Total liabilities	3,714	3,573	3,287	3,161	3,180	3,681
Shareholders' equity
Preferred stock	0	0	–	0	0	0
Common stock	1.0	1.0	1.0	1.0	1.0	1.0
Additional paid-in capital	14.0	1,647	1,599	1,569	1,543	1,504
Retained earnings (accumulated deficit)	471	654	488	318	79.0	−82.0
Treasury stock	−21.0	−1,669	−1,361	−964	−519	−408
Other equity	3.0	17.0	19.0	38.0	−15.0	−52.0
Total equity	468	650	746	962	1,089	963
Total liabilities & shareholders' equity	4,182	4,223	4,033	4,123	4,269	4,644

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Wyndham Hotels & Resorts, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	193	289	289	355	244	−132
Depreciation, depletion & amortization	62.0	71.0	76.0	77.0	95.0	98.0
Deferred taxes	−57.0	4.0	−17.0	−39.0	−1.0	−23.0
Non-cash items	248	64.0	45.0	−2.0	73.0	267
Changes in working capital	−79.0	−138	−17.0	8.0	15.0	−143
Cash from operations	367	290	376	399	426	67.0
Investing activities
Capital expenditures	−46.0	−49.0	−37.0	−39.0	−37.0	−33.0
Other investing cash flows	−57.0	−16.0	−29.0	218	3.0	2.0
Cash from investing	−103	−65.0	−66.0	179	−34.0	−31.0
Financing activities
Financing cash flow items	−26.0	−22.0	−19.0	−15.0	−7.0	−13.0
Cash dividends paid	−127	−122	−118	−116	−82.0	−53.0
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−161	−31.0	−265	−453	−624	429
Cash from financing	−314	−175	−402	−584	−713	363
Foreign exchange effects	1.0	−3.0	−3.0	−4.0	−1.0	0
Net change in cash	−49.0	47.0	−95.0	−10.0	−322	399
Free cash flow	321	241	339	360	389	34.0

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.