Choice Hotels International, Inc. (CHH)

CHH Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	738.24	729.39	713.95	634.46	511.79	354.62
Other Revenue	59.62	61.8	46.05	42.04	28.67	16.88
Revenue	797.87	791.19	760.01	676.5	540.46	371.5
Revenue Growth (YoY)	-5.75%	4.10%	12.34%	25.17%	45.48%	-66.68%
Cost of Revenue	86.6	83.15	71.47	48.84	24.75	16.07
Gross Profit	711.27	708.04	688.53	627.66	515.7	355.44
Selling, General & Admin	225.4	220.49	215.32	167.7	145.62	148.91
Other Operating Expenses	-32.4	-36.13	-1.75	-49.69	-83.9	44.28
Operating Expenses	237.8	227.64	253.23	148.43	86.5	219.02
Operating Income	473.46	480.4	435.31	479.23	429.2	136.42
Interest Expense	-87.08	-87.13	-63.78	-43.8	-46.68	-49.03
Interest & Investment Income	7.52	8.65	7.76	7.29	4.98	7.69
Earnings From Equity Investments	4.42	12.33	2.88	1.73	-15.88	-15.29
Currency Exchange Gain (Loss)	2.1	2.1	0.5	-1	-0.4	-
Other Non Operating Income (Expenses)	4.98	4.56	6.15	-6.02	5.53	4.53
EBT Excluding Unusual Items	405.39	420.9	388.82	437.44	376.76	84.32
Merger & Restructuring Charges	-0.94	-17.23	-55.78	-39.58	-	-
Gain (Loss) on Sale of Investments	0.1	-8.3	4	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	16.25	0.01	-
Asset Writedown	-	-	-3.74	-	-0.28	-14.75
Other Unusual Items	0.28	0.28	3.65	22.7	-	-16.57
Pretax Income	407.23	395.65	336.96	436.81	376.49	53.01
Income Tax Expense	99.44	95.98	78.45	104.65	87.54	-22.38
Earnings From Continuing Operations	307.79	299.67	258.51	332.15	288.96	75.39
Net Income	307.79	299.67	258.51	332.15	288.96	75.39
Preferred Dividends & Other Adjustments	1.54	1.52	1.38	1.88	1.13	0.42
Net Income to Common	306.25	298.14	257.13	330.27	287.83	74.96
Net Income Growth	28.72%	15.92%	-22.17%	14.95%	283.30%	-66.18%
Shares Outstanding (Basic)	47	48	50	55	55	55
Shares Outstanding (Diluted)	47	48	51	55	56	56
Shares Change (YoY)	-4.77%	-5.17%	-8.02%	-1.36%	0.64%	-0.25%
EPS (Basic)	6.58	6.26	5.11	6.05	5.20	1.36
EPS (Diluted)	6.50	6.20	5.07	5.99	5.15	1.35
EPS Growth	34.90%	22.29%	-15.36%	16.31%	281.48%	-66.08%
Free Cash Flow	165.56	173.55	180.28	277.11	309.4	76.46
Free Cash Flow Per Share	3.52	3.61	3.56	5.03	5.54	1.38
Dividend Per Share	1.150	1.150	1.150	0.950	0.688	0.225
Dividend Growth	-	-	21.05%	38.18%	205.56%	-74.14%
Gross Margin	89.15%	89.49%	90.60%	92.78%	95.42%	95.67%
Operating Margin	59.34%	60.72%	57.28%	70.84%	79.42%	36.72%
Profit Margin	38.38%	37.68%	33.83%	48.82%	53.26%	20.18%
Free Cash Flow Margin	20.75%	21.93%	23.72%	40.96%	57.25%	20.58%
EBITDA	522.56	528.46	480.74	516.54	465.6	170.27
EBITDA Margin	65.50%	66.79%	63.25%	76.35%	86.15%	45.83%
D&A For EBITDA	49.1	48.06	45.44	37.31	36.39	33.86
EBIT	473.46	480.4	435.31	479.23	429.2	136.42
EBIT Margin	59.34%	60.72%	57.28%	70.84%	79.42%	36.72%
Effective Tax Rate	24.42%	24.26%	23.28%	23.96%	23.25%	-
Revenue as Reported	1,577	1,585	1,544	1,402	1,069	774.07
Advertising Expenses	-	194.6	195.2	170.4	81.5	88.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q