Filing Flows › Wyndham Hotels & Resorts (WH) › Q1 2025
Wyndham Hotels & Resorts (WH) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
Wyndham Hotels & Resorts (WH) reported revenue of $316M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -6% from the quarter before. Operating margin was 35.4%, net earnings $61.0M (19.3% of revenue).
Wyndham Hotels & Resorts, Q1 2025: revenue $316M (+4% year over year), operating margin 35.4%, net earnings $61.0M, operating cash flow $59.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $316M | -6% | +4% |
| Operating profit | $112M | -13% | +124% |
| Net earnings | $61.0M | -28% | +281% |
| Operating cash flow | $59.0M | -56% | -22% |
| Free cash flow | $52.0M | -52% | -22% |
What changed
Revenue was $316.0M in Q1 2025, up 4% year over year and down 6% from the previous quarter. Royalties and franchise fees was the largest line at 40% of revenue. Royalties and franchise fees added $10.0M year over year (up 9%), 91% of the total change. Loyalty Program declined 10%.
Operating profit was $112.0M, a 35.4% margin (up 19.0 points year over year). Of the extra revenue versus a year earlier, 564% reached operating profit, above the 16% margin then. Total costs fell 20% while revenue rose 4%. Net earnings were $61.0M, up 281% year over year. The effective tax rate was 22.8%.
Operating cash flow was $59.0M (down 22% year over year), 97% of net earnings. Non-cash charges added back $15.0M of depreciation and amortization and $10.0M of share-based compensation. Working capital and other items used $27.0M. Capital expenditures of $7.0M left free cash flow of $52.0M.
Questions
What was Wyndham Hotels & Resorts' revenue in the first quarter 2025?
Wyndham Hotels & Resorts (WH) reported revenue of $316M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -6% from the quarter before.
Was Wyndham Hotels & Resorts profitable in the first quarter 2025?
Operating profit was $112M (35.4% of revenue) and net earnings $61.0M.