Feed / WH

Wyndham Hotels & Resorts, Inc.

WH

Consumer Cyclical · 68.57 -1.7% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Wyndham Hotels & Resorts, Inc.'s current read is isolated; its market group is not confirming.

The latest filing is mixed. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 10 directly disclosed connections are confirming.

What changed
  • Revenue increased 3.5% versus the comparable filing period.
  • Operating margin fell 0.6 percentage points.
Company-1.7% todayVolume comparison unavailable
Market group0 of 1 activeHotel Franchising · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • Latin America revenue declined 7% year-over-year, primarily due to lower U.S. cross-border demand in Mexico.
  • China revenue declined 5% year-over-year, primarily due to continued deflationary pricing pressure.

Invalidation: The isolated read changes if WH's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Cyclical · Lodging

The latest filing is mixed. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 10 directly disclosed connections are confirming.

Evidence that supports
  • Revenue increased 3.5% versus the comparable filing period.
Evidence that challenges
  • Operating margin fell 0.6 percentage points.
  • Net margin fell 0.6 percentage points.
What would clarify the read
  • Latin America revenue declined 7% year-over-year, primarily due to lower U.S. cross-border demand in Mexico.
  • China revenue declined 5% year-over-year, primarily due to continued deflationary pricing pressure.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements106
Verified relationships8
Evidence supporting the case
  • Operating cash flow covered net income at 1.90x in the latest annual period.
  • Credit and interest rates has repeated favorable evidence across 5 filings.
  • Foreign exchange has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Operating margin changed -7.1 percentage points in the latest annual period.
  • Net margin changed -7.1 percentage points in the latest annual period.
  • Demand and volume has repeated adverse evidence across 3 filings.
Questions before a position
  • P/E is 21% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

68.57
6m-8.2%12m-21.5%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.2B+31.1%$2.60+0.5%
2022-12-31$1.4B+8.8%$3.91-3.3%
2023-12-31$1.4B+2.2%$3.41-6.5%
2024-12-31$1.4B+1.4%$3.61-5.7%
2025-12-31$1.4B+1.8%$2.50-3.6%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
Interest expense, net for the six months ended June 30, 2026 increased $3 million, or 4%, compared to the prior year period primarily due to lower interest income and a higher average debt balance, partially offset by a lower average interest rate.
10-Q · Jul 23, 2026
Foreign exchangepositive · 4 filings
CASH FLOW The following table summarizes the changes in cash, cash equivalents and restricted cash during the six months ended June 30, 2026 and 2025: Six Months Ended June 30, 2026 2025 Change Cash provided by/(used in) Operating activities $ 133 $ 129 $ 4 I…
10-Q · Jul 23, 2026
Restructuring and cost reductionsmixed · 4 filings
Total expenses for the three months ended March 31, 2026 increased $9 million, or 4%, compared to the prior-year period, primarily driven by: • $10 million of higher operating and general and administrative expenses primarily due to the absence of one-time co…
10-Q · Apr 30, 2026
Demand and volumenegative · 3 filings
The international decline was driven by Latin America primarily due to lower U.S.
10-Q · Jul 23, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 3.7× · EV/sales 3.7×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

68.57-1.7% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for WH. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment · baseline

The latest filing presents a mixed picture

10-Q filed 2026-04-30 against the comparable filing from 2025-05-01.

mixed
OperationsmixedEvidence score 0
liquidityneutralEvidence score 0
valuationmixed

What improved

  • Revenue increased 3.5% versus the comparable filing period.

What weakened

  • Operating margin fell 0.6 percentage points.
  • Net margin fell 0.6 percentage points.

Filing receipts

Interest expense, net for the three months ended March 31, 2026 increased $1 million, or 3%, compared to the prior-year period, primarily due to a higher average debt balance.

Total expenses for the three months ended March 31, 2026 increased $9 million, or 4%, compared to the prior-year period, primarily driven by: • $10 million of higher operating and general and administrative expenses primarily due to the absence of one-time cost reductions and professional fees relating to Revo collateral recovery; and • $5 million of higher restructuring and other-related costs; partially offset by • $7 million of lower marketing, reservation and loyalty expenses primarily due to timing of marketing spend.

Net cash used in financing activities decreased $45 million compared to the prior-year period primarily due to an increase in net debt borrowings and $23 million of lower stock repurchases.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Business ecosystem

The relationships behind WH

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

TNLTravel + Leisure Co.partnerApr 22, 2026

Legacy items include the resolution of and adjustments to certain contingent assets and liabilities related to acquisitions of continuing businesses and dispositions, including the separation of Wyndham Hotels & Resorts, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 10 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

WH is currently a Leader in the organic co-movement group Hotel Franchising. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for WH; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.