Atour Lifestyle Holdings Limited (ATAT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Apr 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ATAT SEC filings page.
Atour Lifestyle Holdings Limited (ATAT) reported $1.4B in revenue for fiscal year 2025, up 41.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Atour has scaled rapidly while operating margins widened, converting profits into cash with little long-term debt and rising shareholder distributions.
Operating margin rose from7.3% in FY2022 to23.6% in FY2025 as revenue expanded, showing improved operating economics alongside scale. Yet net margin slipped from17.6% to16.6% in FY2025 despite that operating improvement, consistent with more profit being absorbed below operating income, including a higher reported tax expense.
In FY2025, operating cash flow was
Long-term debt was
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Atour Lifestyle Holdings Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Atour Lifestyle Holdings Limited has an operating margin of 23.6%, meaning the company retains $24 of operating profit per $100 of revenue. This strong profitability earns a score of 82/100, reflecting efficient cost management and pricing power. This is up from 22.4% the prior year.
Atour Lifestyle Holdings Limited's revenue surged 41.0% year-over-year to $1.4B, reflecting rapid business expansion. This strong growth earns a score of 94/100.
Atour Lifestyle Holdings Limited carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
Atour Lifestyle Holdings Limited's current ratio of 1.97 indicates adequate short-term liquidity, earning a score of 58/100. The company can meet its near-term obligations, though with limited headroom.
Atour Lifestyle Holdings Limited converts 19.5% of revenue into free cash flow ($272.7M). This strong cash generation earns a score of 91/100.
Atour Lifestyle Holdings Limited earns a strong 45.1% return on equity (ROE), meaning it generates $45 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 83/100. This is up from 43.1% the prior year.
Atour Lifestyle Holdings Limited scores 6.09, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($4.5B) relative to total liabilities ($798.9M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Atour Lifestyle Holdings Limited passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Atour Lifestyle Holdings Limited generates $1.23 in operating cash flow ($285.0M OCF vs $231.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Atour Lifestyle Holdings Limited earns $542.52 in operating income for every $1 of interest expense ($329.9M vs $608K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Atour Lifestyle Holdings Limited held $472.5M in cash against $286K in long-term debt as of Q4 2025, with $532.7M of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
ATAT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2410-K | Q1'2410-Q | Q4'2310-K | Q3'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | $203.4M | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | $3.3M | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | $10.6M | N/A | N/A | N/A |
| Operating Income | N/A | N/A | $45.0M | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | $93K | N/A | N/A | N/A |
| Income Tax | N/A | N/A | $12.3M | N/A | N/A | N/A |
| Net Income | N/A | N/A | $35.6M | N/A | N/A | N/A |
| EPS (Basic) | N/A | N/A | $0.09 | $0.08 | N/A | N/A |
| EPS (Diluted) | N/A | N/A | $0.09 | $0.08 | N/A | N/A |
| Diluted Shares (Avg) | N/A | N/A | 416M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, EBITDA.
ATAT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2410-K | Q1'2410-Q | Q4'2310-K | Q3'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|
| Total Assets | $1.3B+21.5% | $1.1B+16.3% | $936.3M | $927.8M+34.4% | $818.8M | $690.4M |
| Current Assets | $1.1B+34.3% | $783.1M+31.1% | $614.4M | $597.4M+93.9% | $493.8M | $308.0M |
| Cash & Equivalents | $472.5M-4.7% | $495.7M+23.9% | $422.2M | $400.1M+73.7% | $301.2M | $230.4M |
| Short-Term Investments | $366.5M+111.3% | $173.4M+63.8% | $98.5M | $105.9M+362.8% | $107.4M | $22.9M |
| Inventory | $39.9M+73.8% | $22.9M+36.8% | $14.6M | $16.8M+101.3% | $15.6M | $8.3M |
| Accounts Receivable | $48.8M+91.6% | $25.5M+11.6% | $22.8M | $22.8M+18.7% | $19.7M | $19.2M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $2.5M+4.4% | $2.4M-2.7% | $2.4M | $2.5M-2.8% | $2.4M | $2.5M |
| Total Liabilities | $798.9M+18.2% | $675.8M+6.0% | $613.8M | $637.6M+23.0% | $572.6M | $518.3M |
| Current Liabilities | $532.7M+37.4% | $387.7M+15.8% | $317.8M | $334.9M+71.4% | $278.7M | $195.4M |
| Non-Current Liabilities | $266.2M-7.6% | $288.1M-4.8% | $296.0M | $302.7M-6.3% | $294.0M | $322.9M |
| Long-Term Debt | $286K+4.4% | $274K-2.8% | $277K | $282K-2.8% | $274K | $290K |
| Total Equity | $513.9M+26.9% | $405.0M+39.0% | $323.5M | $291.3M+67.8% | $247.2M | $173.6M |
| Retained Earnings | $314.0M+70.2% | $184.5M+158.2% | $105.9M | $71.4M+729.3% | $39.4M | -$11.4M |
ATAT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Share Buybacks.
ATAT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2410-K | Q1'2410-Q | Q4'2310-K | Q3'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|
| Operating Margin | N/A | N/A | 22.1% | N/A | N/A | N/A |
| Net Margin | N/A | N/A | 17.5% | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | 11.0% | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | 3.8% | N/A | N/A | N/A |
| Current Ratio | 1.970.0x | 2.02+0.2x | 1.93 | 1.78+0.2x | 1.77 | 1.58 |
| Debt-to-Equity | 0.000.0x | 0.000.0x | 0.00 | 0.000.0x | 0.00 | 0.00 |
| Asset Turnover | N/A | N/A | 0.22 | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | 8.9% | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Atour Lifestyle Holdings Limited ATAT | FY2025 | $1.4B | $231.8M | 16.6% | $4.5B | 84/100 |
| Choice Hotels Intnl. CHH | FY2025 | $1.6B | $369.9M | 23.2% | $4.8B | 41/100 |
| Wyndham Hotels & Resorts, Inc. WH | FY2025 | $1.4B | $193.0M | 13.5% | $5.5B | 53/100 |
| H World Group Limited HTHT | FY2025 | $3.6B | $726.0M | 20.1% | $13.9B | 52/100 |
| Hyatt Hotels Corporation H | FY2025 | $7.1B | -$52.0M | -0.7% | $15.3B | 23/100 |
| InterContinental Hotels Group Plc IHG | FY2025 | $5.2B | $759.0M | 14.6% | $23.5B | 25/100 |
Where Atour Lifestyle Holdings Limited Ranks
Frequently Asked Questions
What is Atour Lifestyle Holdings Limited's annual revenue?
Atour Lifestyle Holdings Limited (ATAT) reported $1.4B in total revenue for fiscal year 2025. This represents a 41.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Atour Lifestyle Holdings Limited's revenue growing?
Atour Lifestyle Holdings Limited (ATAT) revenue grew by 41.0% year-over-year, from $993.0M to $1.4B in fiscal year 2025.
Is Atour Lifestyle Holdings Limited profitable?
Yes, Atour Lifestyle Holdings Limited (ATAT) reported a net income of $231.8M in fiscal year 2025, with a net profit margin of 16.6%.
What is Atour Lifestyle Holdings Limited's EBITDA?
Atour Lifestyle Holdings Limited (ATAT) had EBITDA of $337.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Atour Lifestyle Holdings Limited have?
As of fiscal year 2025, Atour Lifestyle Holdings Limited (ATAT) had $472.5M in cash and equivalents against $286K in long-term debt.
What is Atour Lifestyle Holdings Limited's operating margin?
Atour Lifestyle Holdings Limited (ATAT) had an operating margin of 23.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Atour Lifestyle Holdings Limited's net profit margin?
Atour Lifestyle Holdings Limited (ATAT) had a net profit margin of 16.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Atour Lifestyle Holdings Limited's return on equity (ROE)?
Atour Lifestyle Holdings Limited (ATAT) has a return on equity of 45.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Atour Lifestyle Holdings Limited's free cash flow?
Atour Lifestyle Holdings Limited (ATAT) generated $272.7M in free cash flow during fiscal year 2025. This represents a 19.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Atour Lifestyle Holdings Limited's operating cash flow?
Atour Lifestyle Holdings Limited (ATAT) generated $285.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Atour Lifestyle Holdings Limited's total assets?
Atour Lifestyle Holdings Limited (ATAT) had $1.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Atour Lifestyle Holdings Limited's capital expenditures?
Atour Lifestyle Holdings Limited (ATAT) invested $12.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Atour Lifestyle Holdings Limited spend on research and development?
Atour Lifestyle Holdings Limited (ATAT) invested $25.4M in research and development during fiscal year 2025.
What is Atour Lifestyle Holdings Limited's current ratio?
Atour Lifestyle Holdings Limited (ATAT) had a current ratio of 1.97 as of fiscal year 2025, which is generally considered healthy.
What is Atour Lifestyle Holdings Limited's debt-to-equity ratio?
Atour Lifestyle Holdings Limited (ATAT) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Atour Lifestyle Holdings Limited's return on assets (ROA)?
Atour Lifestyle Holdings Limited (ATAT) had a return on assets of 17.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Atour Lifestyle Holdings Limited's P/E ratio?
Atour Lifestyle Holdings Limited (ATAT) trades at 19.4x earnings, its market capitalization divided by net income of $231.8M net income, FY2025. The market capitalization is $4.5B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Atour Lifestyle Holdings Limited's price-to-sales ratio?
Atour Lifestyle Holdings Limited (ATAT) trades at 3.2x sales, its market capitalization divided by revenue of $1.4B revenue, FY2025. The market capitalization is $4.5B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Atour Lifestyle Holdings Limited's Altman Z-Score?
Atour Lifestyle Holdings Limited (ATAT) has an Altman Z-Score of 6.09, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Atour Lifestyle Holdings Limited's Piotroski F-Score?
Atour Lifestyle Holdings Limited (ATAT) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Atour Lifestyle Holdings Limited's earnings high quality?
Atour Lifestyle Holdings Limited (ATAT) has an earnings quality ratio of 1.23x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Atour Lifestyle Holdings Limited cover its interest payments?
Atour Lifestyle Holdings Limited (ATAT) has an interest coverage ratio of 542.52x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Atour Lifestyle Holdings Limited?
Atour Lifestyle Holdings Limited (ATAT) scores 84 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.