Every 10-Q that Choice Hotels Intnl. (CHH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CHH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CHH filings page.
Choice Hotels International, Inc. generated total revenues of $440.8 million for the quarter ended June 30 2026, up from $426.4 million a year earlier, but net income declined to $64.3 million from $81.7 million as operating costs and reimbursable deficits increased.
Franchise and management fees rose to $187.5 million from $177.1 million, driven by higher international royalties, program revenues and a 1.3% increase in U.S. system‑wide RevPAR, helped by higher average daily rates and royalty rates. International system size grew to 1,413 hotels and 161,863 rooms, supported by the Choice Hotels Canada acquisition.
Operating income fell to $104.1 million from $124.6 million. Reimbursable expenses from franchised and managed properties exceeded related revenues by $34.3 million versus $9.0 million, while selling, general and administrative costs and depreciation and amortization also increased. For the first half, net income was $84.6 million versus $126.3 million, and operating cash flow declined to $67.4 million from $116.1 million.
Long‑term debt was $2.00 billion at June 30 2026, against total assets of $3.0 billion. Management cites $475.0 million in combined cash and available revolver capacity, alongside ongoing share repurchases and dividends, as core elements of its capital‑return and growth strategy.
Choice Hotels International reported softer first-quarter results for 2026, with profit pressured by higher costs and affiliate losses despite modest revenue growth. Total revenues inched up to $340.6 million from $332.9 million, but net income fell to $20.3 million from $44.5 million and diluted EPS declined to $0.44 from $0.94.
Operating income dropped to $60.0 million from $79.9 million, hurt by a larger reimbursable deficit, higher selling, general and administrative expenses, and increased depreciation and amortization, including from the Choice Hotels Canada acquisition and four newly opened owned hotels. Equity in net loss of affiliates widened to $6.3 million, reflecting losses from investments supporting Cambria and Everhome development.
Operating cash flow swung to an outflow of $23.2 million from an inflow of $20.5 million, mainly due to higher franchise agreement acquisition payments, working capital timing, and a larger reimbursable deficit. Long-term debt rose to $2.0 billion, including $566.3 million drawn on the $1 billion revolving credit facility, with a total leverage ratio of 3.04x. U.S. system-wide RevPAR declined 2.3%, led by weaker economy and extended-stay performance, while international royalties grew on system expansion and the full consolidation of Choice Hotels Canada.
Choice Hotels International (CHH) reported Q3 2025 results. Total revenue rose to $447.3 million from $428.0 million, while operating income eased to $142.4 million from $151.8 million. Net income jumped to $180.0 million and diluted EPS to $3.86, primarily driven by a $100.0 million non-taxable gain from remeasuring its previously held 50% stake upon acquiring the remaining interest in Choice Hotels Canada.
The Canada deal closed on July 2 for $114.5 million cash (total consideration including previously held interest $232.2 million), adding $13.2 million in revenue and $5.9 million in net income in the quarter. The preliminary purchase price allocation includes $150.7 million of identifiable intangibles and $86.2 million of goodwill. The lower effective tax rate (14.7%) reflects the non-taxable gain and purchased transferable tax credits.
Year-to-date operating cash flow was $184.8 million (down from $236.5 million). Long-term debt increased to $1.92 billion, including $484.4 million drawn on the $1.0 billion revolving credit facility. The company continued buybacks, with treasury stock at cost of $2.51 billion and 46.27 million shares outstanding as of October 31, 2025.
Choice Hotels (CHH) Q2-25 10-Q highlights:
- Revenue slipped 2% YoY to $426.4 M as softer franchise & management fees (-1.5%) and lower reimbursable cost revenue offset modest growth at owned hotels.
- Operating income fell 6% to $124.6 M; net income declined 6% to $81.7 M; diluted EPS down to $1.75 from $1.80.
- First-half (6M) results improved: revenue -1% to $759.3 M, but operating income +6% to $204.5 M and net income +7% to $126.3 M; diluted EPS $2.68 vs $2.41.
- Operating cash flow rose 2% to $116.1 M; capex (owned hotels & other) increased to $84.0 M, driving FCF lower.
- Debt climbed to $1.90 B (up $131.6 M YTD) as the company tapped its $1 B revolver (outstanding $470 M, avg rate 5.7%). Cash grew to $58.6 M.
- Share purchases totaled $112.8 M, shrinking diluted shares to 46.6 M and pushing shareholders’ deficit to $26.2 M.
- Subsequent events: acquired remaining 50% of Choice Hotels Canada for ~$112 M (cash & revolver funding) and formed a $71.6 M Everhome Suites JV backed by a limited $11.5 M guarantee.
- Effective tax rate Q2 24.7%; quarterly dividend maintained at $0.2875.
Key metrics: Q2 RevPAR & ADR not disclosed in filing excerpt; royalty revenue (core fee stream) $177.1 M (-1.5%). Leverage: Net debt/annualized 6M-25 EBITDA ~3.6x (estimate).