H World Group revenue and financials
$42.05Change from previous close: +0.67%Absolute change: +$0.28
In the fiscal year ended December 2025, H World Group reported revenue of ¥25.31B (+5.93% year over year). Net income was ¥5.08B, a net margin of 20.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.93%
- 2025 vs 2024
- Net income growth
- +66.67%
- 2025 vs 2024
- Net margin
- 20.1%
- 2024: 12.8%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,408 | 233 | 3,443 | 1,697 | 2,659 | 580 | 2,704 | 1,693 | 2,235 | 886 | 2,411 | 1,181 |
| Depreciation and amortization | 318 | 292 | 317 | 304 | 317 | 319 | 335 | 315 | 343 | 339 | 363 | 330 |
| Capital expenditure | -167 | -182 | -195 | -204 | -189 | -240 | -190 | -209 | -203 | -281 | -305 | -196 |
| Investing cash flow | 1,839 | 1,424 | 1,008 | -3,046 | 239 | 757 | -3,099 | 166 | 346 | 348 | -277 | -2,049 |
| Financing cash flow | -3,223 | 416 | -1,156 | -1,813 | -709 | -628 | -37.0 | -2,104 | -1,105 | -2,258 | -745 | -613 |
| Dividends paid | -2,844 | — | 0.0 | -1,771 | -2,136 | 0.0 | — | -1,389 | — | -2,091 | — | — |
| Share repurchases | -1,857 | 0.0 | -337 | -3.0 | -13.0 | -430 | — | -496 | -132 | -544 | -848 | — |
| Debt issued | 1,675 | 2,071 | 1,415 | 13.0 | 2,195 | — | 21.0 | 29.0 | 53.0 | 536 | 370 | 71.0 |
| Debt repaid | -181 | -1,632 | -2,280 | -42.0 | -757 | -166 | -81.0 | -135 | -292 | -137 | -262 | -666 |
| Effect of exchange rates | -134 | -105 | -28.0 | -92.0 | 20.0 | 70.0 | 21.0 | 16.0 | 10.0 | -17.0 | 42.0 | -59.0 |
| Net change in cash | 1,890 | 1,969 | 3,266 | -3,249 | 2,210 | 781 | -416 | -225 | 1,501 | -1,046 | 1,414 | -1,540 |
| Free cash flow | 3,241 | 51.0 | 3,248 | 1,493 | 2,470 | 340 | 2,514 | 1,484 | 2,032 | 605 | 2,106 | 985 |
| Levered free cash flow | -20.1 | 2,646 | 2,871 | 1,876 | -919 | 2,399 | 2,404 | 883 | 2,219 | -1,719 | 3,447 | 610 |