What is H World Group's earnings per share (EPS)?

H World Group (HTHT) reported diluted earnings per share of $0.23 for fiscal year 2025. This represents a 76.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

H World Group Financials

HTHT

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows H World Group (HTHT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI HTHT FY2024 2026-04-24

H World’s core operating engine now throws off cash faster than accounting profit, with operating margin holding near 22%.

FY2024 reported profit understated the cash picture: net income dropped to $418M, but operating cash flow still ran at $1.03B. Because operating margin stayed steady near 22% while receivables plus inventory were only $120M, the gap points to low working-capital drag and more pressure from tax and other below-operating items than from the core cost structure.

Shareholder payouts were funded from internal cash generation, not from a heavily debt-funded posture: cash ended FY2024 at $1.02B, while long-term debt was $623M. Even after a $477M dividend, the company still carried more cash than long-term borrowings, which says a lot about how much liquidity the business now produces.

A current ratio just under 1.0x would look tight in an inventory-heavy model, but this business appears light on working-capital needs: accounts receivable and inventory together were only $120M. That helps explain how operating cash flow stayed above $1.0B even with current liabilities of $1.83B, because relatively little cash is tied up before it can be used elsewhere.

Financial Health Signals

Financial Profile 54/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of H World Group'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.

Profitability

H World Group has an operating margin of 27.0%, meaning the company retains $27 of operating profit per $100 of revenue. This strong profitability earns a score of 76/100, reflecting efficient cost management and pricing power. This is up from 21.8% the prior year.

Growth

H World Group's revenue grew 10.5% year-over-year to $3.6B, a solid pace of expansion. This earns a growth score of 47/100.

Leverage

100

H World Group carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

H World Group's current ratio of 0.91 is below the typical benchmark, resulting in a score of 13/100. However, the company holds substantial cash reserves (54% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Returns

H World Group earns a strong 39.6% return on equity (ROE), meaning it generates $40 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 87/100. This is up from 25.1% the prior year.

Altman Z-Score Grey Zone

1.86

H World Group scores 1.86, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($13.3B) relative to total liabilities ($7.4B). This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Strong

7/9

H World Group passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.65x

For every $1 of reported earnings, H World Group generates $1.65 in operating cash flow ($1.2B OCF vs $726.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

20.3x

H World Group earns $20.3 in operating income for every $1 of interest expense ($975.0M vs $48.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$3.6B

YoY+10.5%

5Y CAGR+18.3%

H World Group generated $3.6B in revenue in fiscal year 2025. This represents an increase of 10.5% from the prior year.

EBITDA

$1.2B

YoY+28.9%

10Y CAGR+19.5%

H World Group's EBITDA was $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 28.9% from the prior year.

Net Income

$726.0M

YoY+73.7%

10Y CAGR+26.8%

H World Group reported $726.0M in net income in fiscal year 2025. This represents an increase of 73.7% from the prior year.

EPS (Diluted)

$0.23

YoY+76.9%

H World Group earned $0.23 per diluted share (EPS) in fiscal year 2025. This represents an increase of 76.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$1.5B

YoY+45.0%

5Y CAGR+6.6%

10Y CAGR+23.6%

H World Group held $1.5B in cash against $68.0M in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.09

H World Group paid $0.09 per share in dividends in fiscal year 2025.

Shares Outstanding

3.07B

YoY-0.4%

H World Group had 3.07B shares outstanding in fiscal year 2025. This represents a decrease of 0.4% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

27.0%

YoY+5.2pp

5Y CAGR+43.4pp

H World Group's operating margin was 27.0% in fiscal year 2025, reflecting core business profitability. This is up 5.2 percentage points from the prior year.

Net Margin

20.1%

YoY+7.3pp

5Y CAGR+41.6pp

H World Group's net profit margin was 20.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.3 percentage points from the prior year.

Return on Equity

39.6%

YoY+14.6pp

5Y CAGR+59.0pp

10Y CAGR+26.9pp

H World Group's ROE was 39.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 14.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$112.0M

YoY-30.4%

10Y CAGR+21.1%

H World Group spent $112.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 30.4% from the prior year.

Capital Expenditures

N/A

HTHT Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$3.6B+10.5%	$3.3B+6.2%	$3.1B+53.3%	$2.0B+0.2%	$2.0B+28.3%	$1.6B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$321.0M-6.7%	$344.0M+17.0%	$294.0M+21.0%	$243.0M+0.4%	$242.0M+25.4%	$193.0M
Operating Income	$975.0M+36.7%	$713.0M+7.7%	$662.0M+1639.5%	-$43.0M-265.4%	$26.0M+110.1%	-$257.0M
Interest Expense	$48.0M+9.1%	$44.0M-18.5%	$54.0M-8.5%	$59.0M-7.8%	$64.0M-22.0%	$82.0M
Income Tax	$309.0M+35.5%	$228.0M+35.7%	$168.0M+460.0%	$30.0M+1400.0%	$2.0M+106.1%	-$33.0M
Net Income	$726.0M+73.7%	$418.0M-27.3%	$575.0M+317.8%	-$264.0M-261.6%	-$73.0M+78.3%	-$336.0M
EPS (Diluted)	$0.23+76.9%	$0.13-27.8%	$0.18+325.0%	$-0.08-300.0%	$-0.02	$-1.15

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HTHT Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$9.3B+8.1%	$8.6B-4.2%	$8.9B+0.3%	$8.9B-10.2%	$9.9B-0.6%	$10.0B
Current Assets	$2.5B+37.7%	$1.8B+6.6%	$1.7B+27.7%	$1.3B-11.3%	$1.5B-24.1%	$2.0B
Cash & Equivalents	$1.5B+45.0%	$1.0B+4.7%	$978.0M+88.1%	$520.0M-35.2%	$803.0M-25.4%	$1.1B
Inventory	$8.0M0.0%	$8.0M0.0%	$8.0M-20.0%	$10.0M-28.6%	$14.0M0.0%	$14.0M
Accounts Receivable	$104.0M-7.1%	$112.0M+5.7%	$106.0M-34.2%	$161.0M+96.3%	$82.0M+32.3%	$62.0M
Goodwill	$776.0M+8.5%	$715.0M-4.5%	$749.0M-0.5%	$753.0M-6.5%	$805.0M+5.4%	$764.0M
Total Liabilities	$7.4B+7.6%	$6.9B-4.6%	$7.2B-5.5%	$7.6B-6.8%	$8.2B-0.5%	$8.2B
Current Liabilities	$2.7B+49.9%	$1.8B-25.5%	$2.5B+28.5%	$1.9B-20.5%	$2.4B+48.5%	$1.6B
Long-Term Debt	$68.0M-89.1%	$623.0M+248.0%	$179.0M-81.4%	$962.0M+72.1%	$559.0M-66.4%	$1.7B
Total Equity	$1.8B+9.8%	$1.7B-2.4%	$1.7B+35.0%	$1.3B-26.2%	$1.7B-1.2%	$1.7B
Retained Earnings	$517.0M+53.9%	$336.0M+200.0%	$112.0M+164.4%	-$174.0M-206.7%	$163.0M-29.1%	$230.0M

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22
Total Assets	$9.3B+2.4%	$9.0B+5.5%	$8.6B-0.3%	$8.6B-4.0%	$8.9B+2.8%	$8.7B-2.4%	$8.9B+3.3%	$8.6B
Current Assets	$2.5B+14.0%	$2.2B+20.8%	$1.8B+14.7%	$1.6B-7.1%	$1.7B+16.5%	$1.5B+9.5%	$1.3B-1.1%	$1.3B
Cash & Equivalents	$1.5B+4.9%	$1.4B+38.3%	$1.0B-4.6%	$1.1B+9.7%	$978.0M-3.1%	$1.0B+94.0%	$520.0M-28.6%	$728.0M
Inventory	$8.0M-11.1%	$9.0M+12.5%	$8.0M0.0%	$8.0M0.0%	$8.0M-11.1%	$9.0M-10.0%	$10.0M-16.7%	$12.0M
Accounts Receivable	$104.0M-11.9%	$118.0M+5.4%	$112.0M-3.4%	$116.0M+9.4%	$106.0M-17.8%	$129.0M-19.9%	$161.0M-6.9%	$173.0M
Goodwill	$776.0M+1.6%	$764.0M+6.9%	$715.0M-1.2%	$724.0M-3.3%	$749.0M+1.9%	$735.0M-2.4%	$753.0M+5.6%	$713.0M
Total Liabilities	$7.4B+1.1%	$7.3B+6.3%	$6.9B+0.7%	$6.8B-5.3%	$7.2B+4.7%	$6.9B-9.7%	$7.6B+3.3%	$7.4B
Current Liabilities	$2.7B+1.1%	$2.7B+48.2%	$1.8B+11.9%	$1.6B-33.4%	$2.5B+12.9%	$2.2B+13.9%	$1.9B-1.3%	$1.9B
Long-Term Debt	$68.0M-37.0%	$108.0M-82.7%	$623.0M-13.2%	$718.0M+301.1%	$179.0M+21.8%	$147.0M-84.7%	$962.0M+12.4%	$856.0M
Total Equity	$1.8B+8.0%	$1.7B+1.7%	$1.7B-3.7%	$1.7B+1.3%	$1.7B-4.6%	$1.8B+41.5%	$1.3B+3.7%	$1.2B
Retained Earnings	$517.0M+34.6%	$384.0M+14.3%	$336.0M-3.2%	$347.0M+209.8%	$112.0M+0.9%	$111.0M+163.8%	-$174.0M-15.2%	-$151.0M

HTHT Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.2B+16.3%	$1.0B-4.6%	$1.1B+375.8%	$227.0M+8.1%	$210.0M+125.8%	$93.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$149.0M+51.5%	-$307.0M-48.3%	-$207.0M-172.4%	-$76.0M+65.3%	-$219.0M+82.3%	-$1.2B
Financing Cash Flow	-$616.0M+18.3%	-$754.0M-44.2%	-$523.0M-160.2%	-$201.0M+29.0%	-$283.0M-311.2%	$134.0M
Dividends Paid	$559.0M+17.2%	$477.0M	N/A	$60.0M	N/A	$104.0M
Share Buybacks	$112.0M-30.4%	$161.0M+35.3%	$119.0M+147.9%	$48.0M	$0	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$155.0M	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$18.0M	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$203.0M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	$2.0M	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$1.0M	N/A

HTHT Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	27.0%+5.2pp	21.8%+0.3pp	21.5%+23.6pp	-2.1%-3.4pp	1.3%+17.7pp	-16.4%
Net Margin	20.1%+7.3pp	12.8%-5.9pp	18.7%+31.8pp	-13.1%-9.5pp	-3.6%+17.9pp	-21.5%
Return on Equity	39.6%+14.6pp	25.1%-8.6pp	33.7%+54.5pp	-20.8%-16.6pp	-4.3%+15.1pp	-19.4%
Return on Assets	7.8%+3.0pp	4.9%-1.5pp	6.4%+9.4pp	-3.0%-2.2pp	-0.7%+2.6pp	-3.4%
Current Ratio	0.91-0.1	0.99+0.3	0.690.0	0.70+0.1	0.63-0.6	1.22
Debt-to-Equity	0.04-0.3	0.37+0.3	0.10-0.7	0.76+0.4	0.33-0.6	0.96
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q3'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.91+0.1	0.81-0.2	0.99+0.0	0.97+0.3	0.69+0.0	0.67-0.0	0.700.0	0.70
Debt-to-Equity	0.04-0.0	0.06-0.3	0.37-0.0	0.41+0.3	0.10+0.0	0.08-0.7	0.76+0.1	0.70
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.91), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is H World Group's annual revenue?

H World Group (HTHT) reported $3.6B in total revenue for fiscal year 2025. This represents a 10.5% 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 H World Group's revenue growing?

H World Group (HTHT) revenue grew by 10.5% year-over-year, from $3.3B to $3.6B in fiscal year 2025.

Is H World Group profitable?

Yes, H World Group (HTHT) reported a net income of $726.0M in fiscal year 2025, with a net profit margin of 20.1%.

What is H World Group's EBITDA?

H World Group (HTHT) had EBITDA of $1.2B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does H World Group have?

As of fiscal year 2025, H World Group (HTHT) had $1.5B in cash and equivalents against $68.0M in long-term debt.

What is H World Group's operating margin?

H World Group (HTHT) had an operating margin of 27.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is H World Group's net profit margin?

H World Group (HTHT) had a net profit margin of 20.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does H World Group pay dividends?

Yes, H World Group (HTHT) paid $0.09 per share in dividends during fiscal year 2025.

What is H World Group's return on equity (ROE)?

H World Group (HTHT) has a return on equity of 39.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is H World Group's operating cash flow?

H World Group (HTHT) generated $1.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are H World Group's total assets?

H World Group (HTHT) had $9.3B in total assets as of fiscal year 2025, including both current and long-term assets.

Does H World Group buy back shares?

Yes, H World Group (HTHT) spent $112.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does H World Group have outstanding?

H World Group (HTHT) had 3.07B shares outstanding as of fiscal year 2025.

What is H World Group's current ratio?

H World Group (HTHT) had a current ratio of 0.91 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is H World Group's debt-to-equity ratio?

H World Group (HTHT) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is H World Group's return on assets (ROA)?

H World Group (HTHT) had a return on assets of 7.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is H World Group's Altman Z-Score?

H World Group (HTHT) has an Altman Z-Score of 1.86, placing it in the Grey Zone (moderate 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 H World Group's Piotroski F-Score?

H World Group (HTHT) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. 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 H World Group's earnings high quality?

H World Group (HTHT) has an earnings quality ratio of 1.65x, 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 H World Group cover its interest payments?

H World Group (HTHT) has an interest coverage ratio of 20.3x, 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 H World Group?

H World Group (HTHT) scores 54 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.