H World Group annual net debt
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
H World Group Net Debt Growth & History (HTHT)
H World Group's net debt was $3.67B for fiscal 2025.
View full H World Group company overviewH World Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.67B | −$161.0M | −4.20% |
| 2024 | 2024-12-31 | $3.83B | −$244.0M | −5.99% |
| 2023 | 2023-12-31 | $4.08B | −$1.77B | −30.24% |
| 2022 | 2022-12-31 | $5.84B | −$283.0M | −4.62% |
| 2021 · Dec 31 | 2021-12-31 | $6.13B | $309.0M | +5.31% |
| 2020 | 2020-12-31 | $5.82B | $801.0M | +15.97% |
| 2019 | 2019-12-31 | $5.02B | $4.22B | +527.00% |
| 2018 | 2018-12-31 | $800.0M | $557.5M | +229.88% |
| 2017 | 2017-12-31 | $242.5M | $676.7M | — |
| 2016 | 2016-12-31 | −$434.2M | −$306.1M | — |
| 2015 | 2015-12-31 | −$128.2M | — | — |
H World Group quarterly net debt
Q4.15
Q4.16
Q2.17
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $3.67B | −$161.0M | −4.20% |
| Q2 2025 | 2025-06-30 | $3.86B | −$29.0M | −0.75% |
| Q4 2024 | 2024-12-31 | $3.83B | −$244.0M | −5.99% |
| Q2 2024 | 2024-06-30 | $3.88B | −$613.0M | −13.63% |
| Q4 2023 | 2023-12-31 | $4.08B | −$1.77B | −30.24% |
| Q2 2023 | 2023-06-30 | $4.50B | — | — |
| Q4 2022 | 2022-12-31 | $5.84B | −$283.0M | −4.62% |
| Q2 2022 | 2022-09-30 | $5.61B | — | — |
| Q4 2021 | 2021-12-31 | $6.13B | $309.0M | +5.31% |
| Q4 2020 | 2020-12-31 | $5.82B | $801.0M | +15.97% |
| Q4 2019 | 2019-12-31 | $5.02B | $4.22B | +527.00% |
| Q4 2018 | 2018-12-31 | $800.0M | $557.5M | +229.88% |
| Q4 2017 | 2017-12-31 | $242.5M | $676.7M | — |
| Q2 2017 | 2017-06-30 | $124.0M | — | — |
| Q4 2016 | 2016-12-31 | −$434.2M | −$306.1M | — |
| Q4 2015 | 2015-12-31 | −$128.2M | — | — |
H World Group net debt trends
Over the last five fiscal years, H World Group's net debt decreased from $5.82B to $3.67B, a change of −$2.15B. The latest reported quarter, Q4 2025, shows $3.67B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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