Wyndham Hotels & Resorts, Inc. (WH) Key Metrics
WH valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $5.61B
- Enterprise value
- $7.75B
- P/E (TTM)
- 27.4 10-yr median 28.0
- Forward P/E
- 12.7
- PEG ratio
- 0.49
- Price / sales
- 4.0 10-yr median 4.3
- Price / book
- 10.7 10-yr median 7.2
- EV / EBITDA
- 15.6 10-yr median 18.5
- Dividend yield
- 2.28% $1.72 a year
- Beta
- 0.69
WH key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsWH valuation Price multiples at each fiscal year-end price.
WH returns How much profit the business earns on the capital it uses.
WH per-share figures Results divided by the shares outstanding at year-end.
WH financial health Debt, liquidity and how easily interest is covered.
WH efficiency & capital use Working capital cycle and where the cash goes.
WH valuation history
WH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WH cash returned to shareholders
WH price vs earnings per share
WH key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $5.72B | $8.07B | $6.83B | $6.47B | $8.42B | $5.55B | $6.07B | $4.53B | — | — |
| Enterprise value | $8.71B | $10.44B | $8.97B | $8.39B | $10.34B | $7.66B | $8.10B | $6.30B | — | — |
| P/E ratio | 29.6 | 27.9 | 23.6 | 18.2 | 34.5 | — | 38.6 | 28.0 | — | — |
| Price / sales | 4.0 | 5.7 | 4.9 | 4.3 | 5.4 | 4.3 | 3.0 | 2.4 | — | — |
| Price / book | 12.2 | 12.4 | 9.2 | 6.7 | 7.7 | 5.8 | 5.0 | 3.2 | — | — |
| Price / free cash flow | 17.8 | 33.5 | 20.1 | 18.0 | 21.6 | 163.3 | 121.3 | 28.7 | — | — |
| Price / operating cash flow | 15.6 | 27.8 | 18.2 | 16.2 | 19.8 | 82.9 | 60.7 | 19.6 | — | — |
| EV / sales | 6.1 | 7.4 | 6.4 | 5.6 | 6.6 | 5.9 | 3.9 | 3.4 | — | — |
| EV / EBITDA | 18.7 | 18.4 | 15.4 | 13.2 | 19.7 | 141.8 | 19.3 | 12.7 | — | — |
| EV / free cash flow | 27.1 | 43.3 | 26.4 | 23.3 | 26.6 | 225.3 | 162.0 | 39.9 | — | — |
| Earnings yield | 3.4% | 3.6% | 4.2% | 5.5% | 2.9% | −2.4% | 2.6% | 3.6% | — | — |
| Free cash flow yield | 5.6% | 3.0% | 5.0% | 5.6% | 4.6% | 0.6% | 0.8% | 3.5% | — | — |
| Dividend yield | 2.2% | 1.5% | 1.7% | 1.8% | 1.0% | 1.0% | 1.8% | 4.1% | — | — |
| Shareholder yield (dividends + buybacks) | 7.3% | 5.4% | 7.5% | 8.7% | 2.2% | 1.9% | 5.8% | 6.7% | — | — |
| Share price at fiscal year-end | $75.56 | $100.79 | $80.41 | $71.31 | $89.65 | $59.44 | $62.81 | $45.37 | — | — |
| Per share | ||||||||||
| Revenue per share | $18.88 | $17.58 | $16.45 | $16.50 | $16.67 | $13.92 | $21.25 | $18.72 | $13.50 | $12.70 |
| Earnings per share | $2.55 | $3.61 | $3.40 | $3.91 | $2.60 | −$1.41 | $1.63 | $1.62 | $2.44 | $1.76 |
| Operating cash flow per share | $4.85 | $3.62 | $4.43 | $4.39 | $4.54 | $0.72 | $1.04 | $2.31 | $2.80 | $2.64 |
| Free cash flow per share | $4.24 | $3.01 | $3.99 | $3.96 | $4.14 | $0.36 | $0.52 | $1.58 | $2.34 | $2.22 |
| Cash per share | $0.85 | $1.29 | $0.78 | $1.77 | $1.82 | $5.28 | $0.97 | $3.67 | $0.57 | $0.28 |
| Book value per share | $6.18 | $8.11 | $8.79 | $10.59 | $11.60 | $10.31 | $12.55 | $14.21 | $13.03 | $11.12 |
| Tangible book value per share | −$17.69 | −$14.89 | −$27.77 | −$23.90 | −$22.48 | −$24.38 | −$23.53 | −$21.20 | −$0.66 | −$1.48 |
| Dividends per share | $1.68 | $1.52 | $1.39 | $1.28 | $0.87 | $0.57 | $1.16 | $1.86 | $0.77 | $0.00 |
| Capex per share | $0.61 | $0.61 | $0.44 | $0.43 | $0.39 | $0.35 | $0.52 | $0.73 | $0.46 | $0.42 |
| Debt per share | $40.38 | $30.79 | $25.97 | $22.92 | $22.24 | $27.85 | $22.02 | $21.45 | $1.84 | $1.74 |
| Shares outstanding | 75.7M | 80.1M | 84.9M | 90.8M | 93.9M | 93.4M | 96.6M | 99.8M | 99.8M | 99.9M |
| Change in shares outstanding | −5.5% | −5.7% | −6.5% | −3.3% | +0.5% | −3.3% | −3.2% | +0.0% | −0.1% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 34.5% | 41.4% | 33.8% | 34.6% | 23.8% | −12.1% | 11.9% | 11.9% | 20.2% | 15.4% |
| Return on invested capital (ROIC) | 9.1% | 13.2% | 12.7% | 14.1% | 10.7% | −1.2% | 7.2% | 10.6% | 18.5% | 14.2% |
| Return on assets (ROA) | 4.6% | 7.0% | 7.1% | 8.5% | 5.5% | −2.9% | 3.3% | 4.6% | 11.8% | 8.9% |
| Return on tangible assets | 8.1% | 12.1% | 31.1% | 35.8% | 22.8% | −9.4% | 15.0% | 11.2% | 32.1% | 24.3% |
| Free cash flow margin | 22.5% | 17.1% | 24.3% | 24.0% | 24.9% | 2.6% | 2.4% | 8.5% | 17.3% | 17.5% |
| Income quality (OCF / net income) | 1.90 | 1.00 | 1.30 | 1.12 | 1.75 | — | 0.64 | 1.43 | 1.15 | 1.50 |
| Financial health | ||||||||||
| Total debt | $3.06B | $2.47B | $2.21B | $2.08B | $2.09B | $2.60B | $2.13B | $2.14B | $184.0M | $174.0M |
| Cash & short-term investments | $64.0M | $103.0M | $66.0M | $161.0M | $171.0M | $493.0M | $94.0M | $366.0M | $57.0M | $28.0M |
| Net debt | $2.99B | $2.36B | $2.14B | $1.92B | $1.92B | $2.11B | $2.03B | $1.77B | $127.0M | $146.0M |
| Debt / equity | 6.53 | 3.79 | 2.96 | 2.16 | 1.92 | 2.70 | 1.75 | 1.51 | 0.14 | 0.16 |
| Debt / assets | 0.73 | 0.58 | 0.55 | 0.50 | 0.49 | 0.56 | 0.47 | 0.43 | 0.09 | 0.09 |
| Net debt / EBITDA | 6.42 | 4.16 | 3.68 | 3.01 | 3.66 | 39.04 | 4.84 | 3.59 | 0.39 | 0.39 |
| Current ratio | 0.71 | 1.00 | 0.81 | 1.34 | 1.52 | 2.42 | 1.08 | 1.23 | 0.81 | 0.69 |
| Quick ratio | 0.71 | 1.00 | 0.81 | 1.34 | 1.37 | 2.63 | 0.98 | 1.17 | 0.74 | 0.62 |
| Interest coverage | 2.9 | 3.8 | 4.7 | 6.6 | 4.7 | -0.4 | 3.0 | 5.6 | 43.5 | 295.0 |
| Working capital | −$142.0M | $1.0M | −$86.0M | $139.0M | $195.0M | $463.0M | $37.0M | $158.0M | −$76.0M | −$117.0M |
| Invested capital | $3.46B | $3.01B | $2.88B | $2.88B | $3.01B | $3.07B | $3.25B | $3.19B | $1.43B | $1.26B |
| Tangible asset value | −$1.34B | −$1.19B | −$2.36B | −$2.17B | −$2.11B | −$2.28B | −$2.27B | −$2.12B | −$66.0M | −$148.0M |
| Net current asset value | −$3.36B | −$3.11B | −$2.91B | −$2.62B | −$2.61B | −$2.89B | −$2.82B | −$2.71B | −$492.0M | −$617.0M |
| Graham number | $18.83 | $25.67 | $25.94 | $30.53 | $26.04 | — | $21.42 | $22.78 | $26.72 | $21.00 |
| Graham net-net per share | −$45.33 | −$40.78 | −$35.81 | −$31.11 | −$29.78 | −$32.12 | −$30.80 | −$29.58 | −$6.06 | −$6.95 |
| Capital allocation | ||||||||||
| Dividends paid | $127.0M | $122.0M | $118.0M | $116.0M | $82.0M | $53.0M | $112.0M | $186.0M | $77.0M | $0 |
| Share buybacks (net) | $289.0M | $310.0M | $393.0M | $448.0M | $107.0M | $50.0M | $242.0M | $117.0M | $59.0M | $0 |
| Dividend payout ratio | 65.8% | 42.2% | 40.8% | 32.7% | 33.6% | — | 71.3% | 114.8% | 31.7% | 0.0% |
| Dividends + buybacks / free cash flow | 129.6% | 179.3% | 150.7% | 156.7% | 48.6% | 302.9% | 708.0% | 191.8% | 58.4% | 0.0% |
| Capex / revenue | 3.2% | 3.5% | 2.6% | 2.6% | 2.4% | 2.5% | 2.4% | 3.9% | 3.4% | 3.3% |
| Capex / operating cash flow | 12.5% | 16.9% | 9.8% | 9.8% | 8.7% | 49.3% | 50.0% | 31.6% | 16.5% | 15.9% |
| Capex / depreciation | 0.74 | 0.69 | 0.49 | 0.51 | 0.39 | 0.34 | 0.46 | 0.74 | 0.61 | 0.58 |
| Stock-based compensation / revenue | 3.0% | 3.2% | 2.8% | 2.2% | 1.8% | 1.6% | 1.0% | 1.3% | 3.0% | — |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 8.7% | 49.3% | 9.3% | 8.2% | 7.2% | 41.2% | 6.3% | 6.4% | 6.5% | 6.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 71.8 | 66.4 | 62.1 | 58.5 | 63.1 | 84.1 | 53.1 | 47.6 | 51.2 | 53.1 |
| Days of inventory on hand | — | — | — | — | -2.6 | -4.5 | 13.5 | 11.7 | 14.4 | -5.6 |
| Days payables outstanding | 23.3 | 155.5 | 22.3 | 19.1 | 14.0 | 13.8 | 14.0 | 16.9 | 17.7 | 14.4 |
| Cash conversion cycle (days) | 48.5 | -89.1 | 39.8 | 39.4 | 46.5 | 65.8 | 52.6 | 42.5 | 47.9 | 33.0 |
| Receivables turnover | 5.09 | 5.50 | 5.88 | 6.24 | 5.79 | 4.34 | 6.88 | 7.67 | 7.13 | 6.88 |
| Payables turnover | 15.68 | 2.35 | 16.39 | 19.09 | 26.10 | 26.52 | 26.07 | 21.66 | 20.62 | 25.37 |
| Inventory turnover | — | — | — | — | — | — | 26.95 | 31.07 | 25.28 | — |
| Asset turnover | 0.34 | 0.34 | 0.34 | 0.36 | 0.35 | 0.28 | 0.43 | 0.53 | 0.66 | 0.64 |
| Average receivables | $281.0M | $256.0M | $237.5M | $240.0M | $270.5M | $299.5M | $298.5M | $243.5M | $189.0M | $184.5M |
| Average payables | $37.5M | $34.5M | $35.5M | $35.0M | $29.5M | $29.0M | $45.5M | $49.5M | $32.5M | $25.5M |
| Average inventory | — | — | — | — | −$5.5M | −$9.5M | $44.0M | $34.5M | $26.5M | −$10.0M |
| Intangibles / total assets | 43.2% | 43.6% | 77.0% | 76.0% | 75.0% | 69.8% | 76.9% | 71.0% | 64.4% | 63.5% |
Computed from WH's annual financial statements (latest annual report filed February 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
WH valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Wyndham Hotels & Resorts traded at 29.6 times earnings, against a 10-year median of 28.0. Based on the latest twelve months, the trailing P/E is 27.4 and the forward P/E is 12.7. Wyndham Hotels & Resorts earned a return on equity of 34.5% and a return on invested capital of 9.1% in fiscal 2025. It ended the year with $3.1 billion of debt and $64.0 million in cash and short-term investments, net debt of $3.0 billion. It returned $416.0 million to shareholders: $127.0 million in dividends and $289.0 million in share buybacks, 130% of free cash flow. The share count fell 24.2% from 99.9M to 75.7M over 9 years.
See the WH income statement, the WH chart for price history, or the WH stock overview for the latest quote and news.
WH key metrics FAQ
What is Wyndham Hotels & Resorts's P/E ratio?
Wyndham Hotels & Resorts's trailing P/E ratio is 27.4 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 12.7. At the end of fiscal 2025 it was 29.6, compared with a 10-year median of 28.0.
What is Wyndham Hotels & Resorts's EV/EBITDA?
Wyndham Hotels & Resorts's enterprise value was 18.7 times EBITDA at the end of fiscal 2025 (enterprise value $8.7 billion, EBITDA $466.0 million); the current EV/EBITDA is 15.6.
What is Wyndham Hotels & Resorts's return on equity?
Wyndham Hotels & Resorts's return on equity (ROE) was 34.5% in fiscal 2025: net income of $193.0 million on average shareholders' equity of $559.0 million.
What is Wyndham Hotels & Resorts's ROIC?
Wyndham Hotels & Resorts's return on invested capital was 9.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Wyndham Hotels & Resorts have?
Wyndham Hotels & Resorts had total debt of $3.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 6.53 and $3.0 billion of net debt (6.42 times EBITDA).
What is Wyndham Hotels & Resorts's dividend yield?
Wyndham Hotels & Resorts's forward dividend yield is 2.28%. Wyndham Hotels & Resorts paid $127.0 million in dividends in fiscal 2025 ($1.68 per share), a payout ratio of 65.8%.
Does Wyndham Hotels & Resorts buy back its shares?
Yes. Wyndham Hotels & Resorts spent $289.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −5.5% over the year, to 75.7M..
What is Wyndham Hotels & Resorts's free cash flow yield?
Wyndham Hotels & Resorts generated $321.0 million of free cash flow in fiscal 2025, a free cash flow yield of 5.6% on its market value at year-end ($5.7 billion).
What is Wyndham Hotels & Resorts's current ratio?
Wyndham Hotels & Resorts's current ratio was 0.71 at the end of fiscal 2025: current assets were 0.71 times current liabilities.