Choice Hotels International annual operating margin
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Choice Hotels International Operating Margin Growth & History (CHH)
Choice Hotels International's operating margin was 28.08% for fiscal 2025.
View full Choice Hotels International company overviewChoice Hotels International annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 28.08% | −1.18 pp |
| 2024 | 2024-12-31 | 29.26% | +4.98 pp |
| 2023 | 2023-12-31 | 24.29% | −9.85 pp |
| 2022 | 2022-12-31 | 34.14% | −5.98 pp |
| 2021 | 2021-12-31 | 40.11% | +24.37 pp |
| 2020 | 2020-12-31 | 15.75% | −12.85 pp |
| 2019 | 2019-12-31 | 28.60% | −1.98 pp |
| 2018 | 2018-12-31 | 30.58% | −0.19 pp |
| 2017 | 2017-12-31 | 30.77% | +7.62 pp |
| 2016 | 2016-12-31 | 23.15% | −3.05 pp |
| 2015 | 2015-12-31 | 26.20% | −2.10 pp |
| 2014 | 2014-12-31 | 28.31% | +1.23 pp |
| 2013 | 2013-12-31 | 27.08% | −0.85 pp |
| 2012 | 2012-12-31 | 27.93% | +1.00 pp |
| 2011 | 2011-12-31 | 26.93% | −0.04 pp |
| 2010 | 2010-12-31 | 26.97% | +0.72 pp |
| 2009 | 2009-12-31 | 26.25% | −0.96 pp |
| 2008 | 2008-12-31 | 27.21% | — |
Choice Hotels International quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 23.63% | −5.59 pp |
| Q1 2026 | 2026-03-31 | 17.63% | −6.39 pp |
| Q4 2025 | 2025-12-31 | 26.00% | −4.58 pp |
| Q3 2025 | 2025-09-30 | 31.84% | −3.63 pp |
| Q2 2025 | 2025-06-30 | 29.22% | −1.26 pp |
| Q1 2025 | 2025-03-31 | 24.01% | +5.89 pp |
| Q4 2024 | 2024-12-31 | 30.59% | +20.06 pp |
| Q3 2024 | 2024-09-30 | 35.47% | +3.73 pp |
| Q2 2024 | 2024-06-30 | 30.48% | +1.37 pp |
| Q1 2024 | 2024-03-31 | 18.12% | −5.27 pp |
| Q4 2023 | 2023-12-31 | 10.53% | −10.69 pp |
| Q3 2023 | 2023-09-30 | 31.73% | −3.27 pp |
| Q2 2023 | 2023-06-30 | 29.10% | −13.66 pp |
| Q1 2023 | 2023-03-31 | 23.39% | −15.17 pp |
| Q4 2022 | 2022-12-31 | 21.23% | −16.25 pp |
| Q3 2022 | 2022-09-30 | 35.01% | −14.21 pp |
| Q2 2022 | 2022-06-30 | 42.76% | −0.02 pp |
| Q1 2022 | 2022-03-31 | 38.57% | +14.50 pp |
| Q4 2021 | 2021-12-31 | 37.48% | +29.04 pp |
| Q3 2021 | 2021-09-30 | 49.22% | +25.12 pp |
| Q2 2021 | 2021-06-30 | 42.78% | +37.57 pp |
| Q1 2021 | 2021-03-31 | 24.06% | +2.59 pp |
| Q4 2020 | 2020-12-31 | 8.44% | −17.16 pp |
| Q3 2020 | 2020-09-30 | 24.10% | −8.90 pp |
| Q2 2020 | 2020-06-30 | 5.21% | −27.09 pp |
| Q1 2020 | 2020-03-31 | 21.48% | +0.82 pp |
| Q4 2019 | 2019-12-31 | 25.60% | +4.36 pp |
| Q3 2019 | 2019-09-30 | 32.99% | −5.14 pp |
| Q2 2019 | 2019-06-30 | 32.30% | −4.60 pp |
| Q1 2019 | 2019-03-31 | 20.66% | −1.43 pp |
| Q4 2018 | 2018-12-31 | 21.24% | −7.95 pp |
| Q3 2018 | 2018-09-30 | 38.14% | +3.66 pp |
| Q2 2018 | 2018-06-30 | 36.90% | +3.74 pp |
| Q1 2018 | 2018-03-31 | 22.09% | −1.95 pp |
| Q4 2017 | 2017-12-31 | 29.19% | +3.99 pp |
| Q3 2017 | 2017-09-30 | 34.48% | +5.10 pp |
| Q2 2017 | 2017-06-30 | 33.15% | +6.29 pp |
| Q1 2017 | 2017-03-31 | 24.04% | +3.34 pp |
| Q4 2016 | 2016-12-31 | 25.20% | +2.83 pp |
| Q3 2016 | 2016-09-30 | 29.38% | −1.18 pp |
| Q2 2016 | 2016-06-30 | 26.86% | −0.24 pp |
| Q1 2016 | 2016-03-31 | 20.70% | −2.93 pp |
| Q4 2015 | 2015-12-31 | 22.37% | −2.58 pp |
| Q3 2015 | 2015-09-30 | 30.56% | −0.57 pp |
| Q2 2015 | 2015-06-30 | 27.10% | −3.33 pp |
| Q1 2015 | 2015-03-31 | 23.63% | −2.15 pp |
| Q4 2014 | 2014-12-31 | 24.95% | +0.58 pp |
| Q3 2014 | 2014-09-30 | 31.13% | +1.96 pp |
| Q2 2014 | 2014-06-30 | 30.43% | +1.76 pp |
| Q1 2014 | 2014-03-31 | 25.78% | +0.71 pp |
| Q4 2013 | 2013-12-31 | 24.37% | +1.33 pp |
| Q3 2013 | 2013-09-30 | 29.18% | −1.21 pp |
| Q2 2013 | 2013-06-30 | 28.67% | −1.92 pp |
| Q1 2013 | 2013-03-31 | 25.06% | −1.60 pp |
| Q4 2012 | 2012-12-31 | 23.04% | −0.40 pp |
| Q3 2012 | 2012-09-30 | 30.39% | −2.06 pp |
| Q2 2012 | 2012-06-30 | 30.59% | +3.29 pp |
| Q1 2012 | 2012-03-31 | 26.67% | +4.39 pp |
| Q4 2011 | 2011-12-31 | 23.44% | −1.36 pp |
| Q3 2011 | 2011-09-30 | 32.45% | +2.59 pp |
| Q2 2011 | 2011-06-30 | 27.30% | −1.80 pp |
| Q1 2011 | 2011-03-31 | 22.28% | +0.08 pp |
| Q4 2010 | 2010-12-31 | 24.80% | — |
| Q3 2010 | 2010-09-30 | 29.86% | +0.86 pp |
| Q2 2010 | 2010-06-30 | 29.10% | +2.51 pp |
| Q1 2010 | 2010-03-31 | 22.19% | — |
| Q3 2009 | 2009-09-30 | 29.00% | — |
| Q2 2009 | 2009-06-30 | 26.59% | — |
Choice Hotels International operating margin trends
Over the last five fiscal years, Choice Hotels International's operating margin increased from 15.75% to 28.08%, a change of +12.33 percentage points. The latest reported quarter, Q2 2026, shows 23.63%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Choice Hotels International source filings ↗Community posts
Choice Hotels agrees $130 million purchase of RV membership platform
Choice Hotels ($CHH) has agreed to buy all of Harvest Hosts in an all-cash transaction valuing the business at approximately $130 million. The RV travel membership platform connects customers with more than 11,200 host locations. Choice wil ...
