Choice Hotels International, Inc. (CHH) Income Statement
CHH 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCHH revenue and net income
Where CHH's revenue goes
2025Each bar shows an amount and its share of revenue. CHH kept 23.2% of revenue as net income.
CHH profit margins
CHH growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.8% | +4.4% | +15.6% | +6.4% |
| Gross profit | −12.1% | −2.2% | +16.0% | +5.8% |
| Operating income | −2.3% | −1.8% | +30.1% | +7.2% |
| Net income | +23.5% | +3.7% | +37.5% | +11.2% |
| EPS (diluted) | +0.9% | +9.6% | +27.6% | +12.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CHH quarterly EPS vs estimates
Choice Hotels International beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 2, 2026 (estimate $2.26).
CHH income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.60B | $1.58B | $1.54B | $1.40B | $1.07B | $774.1M | $1.11B | $1.04B | $1.01B | $924.6M |
| Cost of revenue | $942.9M | $840.7M | $853.9M | $701.9M | $469.7M | $462.9M | $593.6M | $534.3M | $567.1M | $525.7M |
| Gross profit | $653.9M | $744.2M | $690.3M | $700.1M | $599.6M | $311.2M | $521.2M | $507.0M | $440.3M | $398.9M |
| Research & development | — | — | $30.3M | $26.6M | $14.1M | $14.6M | $9.7M | $11.2M | $11.7M | $11.8M |
| Sales, general & admin | $420.6M | $219.9M | $216.1M | $207.3M | $431.8M | $428.9M | $408.6M | $373.6M | $403.7M | $377.0M |
| Total operating expenses | $200.8M | $280.4M | $315.3M | $221.5M | $170.7M | $189.5M | $187.7M | $184.4M | $175.8M | $160.4M |
| Operating income | $453.1M | $463.8M | $375.0M | $478.6M | $428.9M | $121.7M | $318.6M | $318.5M | $264.4M | $238.9M |
| Interest income | $99.2M | $8.6M | $7.8M | $7.3M | $5.0M | $7.7M | $10.0M | $7.5M | $5.9M | $3.5M |
| Interest expense | $91.1M | $87.1M | $63.8M | $43.8M | $46.7M | $49.0M | $46.8M | $45.9M | $45.0M | $44.4M |
| Income before taxes | $456.9M | $395.6M | $337.0M | $436.8M | $376.5M | $53.0M | $269.9M | $273.3M | $224.0M | $200.0M |
| Income taxes | $86.9M | $96.0M | $78.4M | $104.7M | $87.5M | −$22.4M | $47.1M | $56.9M | $109.1M | $60.6M |
| Net income | $369.9M | $299.7M | $258.5M | $332.2M | $289.0M | $75.4M | $222.9M | $216.4M | $114.9M | $139.4M |
| EBITDA | $564.9M | $553.6M | $476.5M | $544.5M | $473.7M | $150.5M | $352.9M | $349.9M | $321.5M | $204.3M |
| EPS (diluted) | $6.96 | $6.90 | $6.13 | $5.28 | $4.29 | $2.06 | $4.32 | $3.90 | $2.88 | $2.46 |
| Gross margin | 40.9% | 47.0% | 44.7% | 49.9% | 56.1% | 40.2% | 46.8% | 48.7% | 43.7% | 43.1% |
| Operating margin | 28.4% | 29.3% | 24.3% | 34.1% | 40.1% | 15.7% | 28.6% | 30.6% | 26.3% | 25.8% |
| Net margin | 23.2% | 18.9% | 16.7% | 23.7% | 27.0% | 9.7% | 20.0% | 20.8% | 11.4% | 15.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $440.8M | $340.6M | $390.1M | $447.3M | $426.4M | $332.9M | $389.8M | $428.0M | $435.2M | $331.9M | $358.4M | $425.6M |
| Cost of revenue | $223.1M | $219.1M | $210.6M | $237.8M | $222.7M | $188.4M | $203.2M | $215.3M | $200.1M | $170.9M | $216.9M | $226.0M |
| Gross profit | $217.6M | $121.5M | $179.6M | $209.6M | $203.7M | $144.5M | $186.6M | $212.7M | $235.1M | $161.1M | $141.5M | $199.6M |
| Research & development | — | — | — | — | — | — | — | — | — | — | $30.3M | — |
| Sales, general & admin | $96.2M | $78.0M | $110.3M | $79.6M | $89.3M | $74.2M | $57.2M | $49.1M | $65.0M | $48.6M | $34.1M | $54.9M |
| Total operating expenses | $113.5M | $61.5M | $75.4M | $65.7M | $78.8M | $64.5M | $67.3M | $60.9M | $102.5M | $100.9M | $103.8M | $64.5M |
| Operating income | $104.1M | $60.0M | $104.2M | $143.9M | $124.9M | $80.0M | $119.2M | $151.8M | $132.6M | $60.1M | $37.7M | $135.0M |
| Interest income | $1.1M | $1.2M | $25.2M | $1.4M | $1.5M | $1.6M | $2.1M | $2.4M | $2.4M | $1.7M | $1.9M | $1.9M |
| Interest expense | $24.3M | $24.0M | $23.7M | $23.5M | $22.7M | $21.2M | $21.1M | $22.0M | $23.8M | $20.2M | $17.3M | $16.2M |
| Income before taxes | $85.9M | $30.3M | $77.6M | $210.9M | $108.6M | $59.8M | $101.7M | $137.1M | $116.6M | $40.2M | $35.7M | $121.2M |
| Income taxes | $21.5M | $10.0M | $13.9M | $30.9M | $26.9M | $15.2M | $25.9M | $31.4M | $29.4M | $9.2M | $6.7M | $29.2M |
| Net income | $64.1M | $20.3M | $63.7M | $180.0M | $81.7M | $44.5M | $75.8M | $105.7M | $87.1M | $31.0M | $29.0M | $92.0M |
| EBITDA | $164.3M | $71.1M | $123.3M | $255.0M | $149.2M | $94.8M | $140.8M | $176.5M | $158.0M | $78.4M | $71.7M | $156.0M |
| EPS (diluted) | $2.02 | $1.07 | $1.60 | $2.10 | $1.92 | $1.34 | $1.55 | $2.23 | $1.84 | $1.28 | $1.44 | $1.82 |
| Gross margin | 49.4% | 35.7% | 46.0% | 46.8% | 47.8% | 43.4% | 47.9% | 49.7% | 54.0% | 48.5% | 39.5% | 46.9% |
| Operating margin | 23.6% | 17.6% | 26.7% | 32.2% | 29.3% | 24.0% | 30.6% | 35.5% | 30.5% | 18.1% | 10.5% | 31.7% |
| Net margin | 14.5% | 6.0% | 16.3% | 40.2% | 19.2% | 13.4% | 19.4% | 24.7% | 20.0% | 9.3% | 8.1% | 21.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CHH's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CHH financial results
In fiscal year 2025 (ended December 31, 2025), Choice Hotels International reported revenue of $1.6 billion, up 0.8% from the year before. It had net income of $369.9 million (up 23.5%), a net profit margin of 23.2%. Diluted earnings per share came to $6.96. Over five years revenue grew at an average rate of 15.6% a year.
See the CHH stock overview for the latest quote and news, or the CHH chart for price history and technical indicators.
CHH income statement FAQ
What is Choice Hotels International's annual revenue?
Choice Hotels International reported total revenue of $1.6 billion for fiscal year 2025, which ended on December 31, 2025. That was up 0.8% from $1.6 billion the previous year.
Is Choice Hotels International profitable?
Yes. Choice Hotels International reported net income of $369.9 million in fiscal 2025, a net profit margin of 23.2%; its operating margin was 28.4%.
What is Choice Hotels International's gross margin?
Choice Hotels International's gross margin was 40.9% in fiscal 2025: for every $100 of revenue, Choice Hotels International kept $41 after the direct cost of its products and services.
How fast is Choice Hotels International growing?
Revenue grew 15.6% a year on average over the last five fiscal years, from $774.1 million to $1.6 billion.
What are Choice Hotels International's earnings per share?
Choice Hotels International earned $6.96 per diluted share in fiscal 2025, compared with $6.90 a year earlier.
When will Choice Hotels International report its next earnings?
Choice Hotels International is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 before the market opens.
When does Choice Hotels International's fiscal year end?
Choice Hotels International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.