Choice Hotels International (CHH) Financial Statements
Price: $120.485
Market Cap: $5.63B
Avg Volume: 415.28K
Market Cap: $5.63B
Avg Volume: 415.28K
Country: US
Industry: Travel Lodging
Sector: Consumer Cyclical
Industry: Travel Lodging
Sector: Consumer Cyclical
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Choice Hotels International.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.58B | $1.54B | $1.40B | $1.07B | $774.07M | $1.11B | $1.04B | $1.01B | $924.64M | $859.88M |
| Cost of Revenue | $- | $853.88M | $701.90M | $469.70M | $462.91M | $593.59M | $534.27M | $567.08M | $525.72M | $488.76M |
| Gross Profit | $1.58B | $690.28M | $700.05M | $599.60M | $311.16M | $521.23M | $507.04M | $440.27M | $398.93M | $371.12M |
| Gross Profit Ratio | 100.00% | 44.70% | 49.93% | 56.07% | 40.20% | 46.75% | 48.69% | 43.71% | 43.14% | 43.16% |
| Research and Development Expenses | $- | $- | $26.60M | $14.10M | $14.60M | $9.70M | $11.20M | $11.70M | $11.80M | $9.60M |
| General and Administrative Expenses | $- | $- | $- | $-431.80M | $-428.90M | $-408.59M | $-373.65M | $-403.71M | $-376.99M | $-354.51M |
| Selling and Marketing Expenses | $- | $- | $- | $577.43M | $577.43M | $577.43M | $543.68M | $567.08M | $525.72M | $488.76M |
| Selling General and Administrative Expenses | $219.88M | $216.08M | $207.28M | $145.62M | $148.52M | $168.83M | $170.03M | $163.38M | $148.73M | $134.25M |
| Other Expenses | $901.19M | $99.17M | $30.43M | $24.77M | $25.83M | $18.83M | $-1.44M | $3.23M | $1.50M | $820.00K |
| Operating Expenses | $1.12B | $315.25M | $237.70M | $170.40M | $174.35M | $187.66M | $184.36M | $175.81M | $160.43M | $145.80M |
| Cost and Expenses | $1.12B | $1.17B | $939.60M | $640.10M | $637.27M | $781.25M | $718.62M | $742.89M | $686.15M | $634.56M |
| Interest Income | $8.65M | $7.76M | $7.29M | $4.98M | $7.69M | $10.00M | $7.45M | $5.92M | $3.54M | $1.58M |
| Interest Expense | $87.13M | $63.78M | $43.80M | $46.68M | $49.03M | $46.81M | $45.91M | $45.04M | $44.45M | $42.83M |
| Depreciation and Amortization | $70.86M | $39.66M | $900.00M | $640.10M | $637.27M | $781.25M | $718.62M | $651.90M | $686.15M | $11.54M |
| EBITDA | $553.64M | $440.39M | $511.03M | $447.94M | $127.86M | $335.56M | $333.50M | $321.55M | $255.73M | $238.36M |
| EBITDA Ratio | 34.93% | 28.52% | 36.45% | 41.89% | 16.52% | 30.10% | 32.03% | 31.92% | 27.66% | 27.72% |
| Operating Income | $463.77M | $375.03M | $478.60M | $428.93M | $122.05M | $318.64M | $318.47M | $264.43M | $238.90M | $225.32M |
| Operating Income Ratio | 29.26% | 24.29% | 34.14% | 40.11% | 15.77% | 28.58% | 30.58% | 26.25% | 25.84% | 26.20% |
| Total Other Income Expenses Net | $-68.13M | $-38.07M | $-41.80M | $-52.44M | $-68.66M | $-48.61M | $-45.22M | $-40.44M | $12.93M | $-41.33M |
| Income Before Tax | $395.64M | $336.96M | $436.81M | $376.49M | $53.01M | $269.93M | $273.26M | $224.00M | $199.98M | $183.99M |
| Income Before Tax Ratio | 24.96% | 21.82% | 31.16% | 35.21% | 6.85% | 24.21% | 26.24% | 22.24% | 21.63% | 21.40% |
| Income Tax Expense | $95.98M | $78.45M | $104.65M | $87.53M | $-22.38M | $47.05M | $56.90M | $109.10M | $60.61M | $55.96M |
| Net Income | $299.67M | $258.51M | $332.15M | $288.96M | $75.39M | $222.88M | $216.35M | $114.89M | $139.37M | $128.03M |
| Net Income Ratio | 18.91% | 16.74% | 23.69% | 27.02% | 9.74% | 19.99% | 20.78% | 11.41% | 15.07% | 14.89% |
| EPS | $6.32 | $5.11 | $6.05 | $5.20 | $1.36 | $4.00 | $3.83 | $2.03 | $2.48 | $2.24 |
| EPS Diluted | $6.38 | $5.07 | $5.99 | $5.15 | $1.35 | $3.98 | $3.80 | $2.02 | $2.46 | $2.22 |
| Weighted Average Shares Outstanding | 47.65M | 50.34M | 54.59M | 55.38M | 55.17M | 55.36M | 56.49M | 56.60M | 56.20M | 57.16M |
| Weighted Average Shares Outstanding Diluted | 47.19M | 50.70M | 55.12M | 55.88M | 55.53M | 55.67M | 56.94M | 56.88M | 56.65M | 57.67M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $40.18M | $26.75M | $41.57M | $511.61M | $234.78M | $33.77M | $26.64M | $235.34M | $202.46M | $193.44M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $67.04M |
| Cash and Short Term Investments | $40.18M | $26.75M | $41.57M | $511.61M | $234.78M | $33.77M | $26.64M | $235.34M | $202.46M | $193.44M |
| Net Receivables | $176.67M | $195.90M | $216.61M | $153.15M | $149.92M | $141.57M | $138.02M | $125.87M | $107.34M | $89.35M |
| Inventory | $- | $- | $1 | $1 | $- | $- | $25.41M | $1 | $- | $1 |
| Other Current Assets | $122.24M | $73.88M | $89.74M | $96.91M | $48.21M | $61.26M | $79.12M | $39.22M | $35.07M | $28.16M |
| Total Current Assets | $339.09M | $296.53M | $347.92M | $761.66M | $432.91M | $236.59M | $243.78M | $402.93M | $344.87M | $310.95M |
| Property Plant Equipment Net | $687.80M | $578.58M | $496.29M | $411.55M | $352.59M | $375.59M | $127.53M | $102.66M | $113.08M | $98.36M |
| Goodwill | $220.19M | $220.19M | $218.65M | $159.20M | $159.20M | $159.20M | $169.00M | $80.76M | $78.91M | $79.33M |
| Intangible Assets | $884.01M | $811.08M | $742.19M | $312.39M | $303.73M | $290.42M | $271.19M | $14.67M | $15.74M | $11.95M |
| Goodwill and Intangible Assets | $1.10B | $1.03B | $960.84M | $471.58M | $462.92M | $449.62M | $440.18M | $178.80M | $178.70M | $179.43M |
| Long Term Investments | $47.60M | $226.70M | $62.29M | $61.91M | $86.98M | $103.63M | $128.41M | $155.06M | $111.81M | $17.67M |
| Tax Assets | $108.31M | $89.53M | $88.18M | $68.64M | $67.75M | $20.75M | $30.61M | $13.34M | $52.81M | $42.43M |
| Other Non-Current Assets | $243.53M | $172.19M | $146.65M | $156.47M | $184.18M | $200.50M | $167.84M | $74.81M | $51.18M | $68.15M |
| Total Non-Current Assets | $2.19B | $2.10B | $1.75B | $1.17B | $1.15B | $1.15B | $894.59M | $524.67M | $507.60M | $406.06M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.53B | $2.39B | $2.10B | $1.93B | $1.59B | $1.39B | $1.14B | $927.61M | $852.47M | $717.01M |
| Account Payables | $134.87M | $131.28M | $118.86M | $81.17M | $83.33M | $73.45M | $73.51M | $67.84M | $48.07M | $64.43M |
| Short Term Debt | $5.37M | $503.51M | $13.64M | $228.35M | $10.60M | $17.61M | $1.10M | $1.23M | $1.20M | $1.62M |
| Tax Payables | $10.40M | $6.95M | $15.48M | $125.00K | $7.04M | $26.15M | $26.28M | $2.78M | $796.00K | $159.00K |
| Deferred Revenue | $102.11M | $108.32M | $92.69M | $81.54M | $50.29M | $71.59M | $67.61M | $141.11M | $133.22M | $71.59M |
| Other Current Liabilities | $209.97M | $192.63M | $195.22M | $179.11M | $104.58M | $137.09M | $149.94M | $212.80M | $80.39M | $70.22M |
| Total Current Liabilities | $462.72M | $942.69M | $435.90M | $570.29M | $255.85M | $325.89M | $318.44M | $294.50M | $263.67M | $208.02M |
| Long Term Debt | $1.88B | $1.18B | $1.27B | $879.62M | $1.07B | $865.37M | $753.51M | $725.29M | $839.41M | $812.95M |
| Deferred Revenue Non-Current | $- | $133.50M | $134.15M | $105.78M | $122.41M | $112.66M | $110.28M | $23.23M | $15.20M | $43.75M |
| Deferred Tax Liabilities Non-Current | $- | $- | $70.99M | $38.69M | $33.76M | $29.95M | $-721.57M | $39.00K | $292.00K | $506.00K |
| Other Non-Current Liabilities | $231.30M | $104.78M | $105.93M | $110.25M | $143.35M | $106.26M | $139.91M | $119.88M | $60.45M | $91.44M |
| Total Non-Current Liabilities | $2.11B | $1.42B | $1.51B | $1.10B | $1.34B | $1.08B | $1.00B | $845.21M | $900.15M | $904.89M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.58B | $2.36B | $1.95B | $1.67B | $1.59B | $1.41B | $1.32B | $1.14B | $1.16B | $1.11B |
| Preferred Stock | $- | $- | $1.56B | $1.28B | $1.02B | $968.83M | $795.18M | $627.27M | $607.56M | $- |
| Common Stock | $951.00K | $951.00K | $951.00K | $951.00K | $951.00K | $951.00K | $951.00K | $951.00K | $951.00K | $951.00K |
| Retained Earnings | $2.00B | $1.76B | $1.56B | $1.28B | $1.02B | $968.83M | $795.18M | $673.77M | $607.56M | $514.90M |
| Accumulated Other Comprehensive Income Loss | $-6.19M | $-5.67M | $-5.21M | $-4.57M | $-4.65M | $-4.55M | $-5.45M | $-4.70M | $-8.52M | $-8.78M |
| Other Total Stockholders Equity | $-2.04B | $-1.72B | $-1.40B | $-1.01B | $-1.03B | $-988.75M | $-974.46M | $-882.12M | $-911.34M | $-902.97M |
| Total Stockholders Equity | $-45.27M | $35.60M | $154.66M | $265.88M | $-5.75M | $-23.51M | $-183.77M | $-212.10M | $-311.35M | $-395.90M |
| Total Equity | $-45.27M | $35.60M | $1.40B | $862.24M | $841.55M | $825.71M | $544.20M | $279.09M | $326.79M | $-395.90M |
| Total Liabilities and Stockholders Equity | $2.53B | $2.39B | $2.10B | $1.93B | $1.59B | $1.39B | $1.14B | $927.61M | $852.47M | $717.01M |
| Minority Interest | $- | $- | $1.24B | $596.36M | $847.30M | $849.22M | $727.97M | $491.19M | $638.14M | $- |
| Total Liabilities and Total Equity | $2.53B | $2.39B | $2.10B | $1.93B | $1.59B | $1.39B | $1.14B | $927.61M | $852.47M | $717.01M |
| Total Investments | $47.60M | $226.70M | $62.29M | $61.91M | $86.98M | $103.63M | $128.41M | $155.06M | $111.81M | $84.71M |
| Total Debt | $1.89B | $1.68B | $1.27B | $1.10B | $1.07B | $872.88M | $754.61M | $726.52M | $840.60M | $814.14M |
| Net Debt | $1.85B | $1.65B | $1.23B | $584.36M | $836.70M | $839.12M | $727.97M | $491.19M | $638.14M | $620.70M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $299.67M | $258.51M | $332.15M | $288.96M | $75.39M | $222.88M | $216.35M | $114.89M | $139.37M | $128.03M |
| Depreciation and Amortization | $43.28M | $75.73M | $63.91M | $50.49M | $48.46M | $36.12M | $33.93M | $12.43M | $11.71M | $11.54M |
| Deferred Income Tax | $-19.03M | $-1.34M | $-19.64M | $-1.01M | $-44.83M | $9.81M | $-3.51M | $39.32M | $-10.54M | $615.00K |
| Stock Based Compensation | $43.25M | $46.81M | $42.97M | $35.73M | $9.69M | $17.61M | $15.99M | $23.34M | $15.46M | $11.80M |
| Change in Working Capital | $- | $6.13M | $-5.08M | $23.24M | $11.48M | $-21.82M | $-2.03M | $58.09M | $-7.85M | $1.19M |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $-23.13M | $-21.92M | $401.00K |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $-22.14M | $-18.21M | $-17.63M |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $12.46M | $-13.69M | $6.49M |
| Other Working Capital | $17.40M | $6.13M | $-5.08M | $23.24M | $11.48M | $-21.82M | $-2.03M | $90.90M | $45.97M | $11.93M |
| Other Non Cash Items | $-47.77M | $-89.29M | $-47.26M | $-13.72M | $14.86M | $5.96M | $-17.83M | $9.30M | $3.89M | $6.69M |
| Net Cash Provided by Operating Activities | $319.40M | $296.55M | $367.06M | $383.70M | $115.05M | $270.56M | $242.90M | $257.37M | $152.03M | $159.87M |
| Investments in Property Plant and Equipment | $- | $-116.28M | $-93.58M | $-77.87M | $-39.95M | $-64.04M | $-49.48M | $-25.95M | $-27.77M | $-27.77M |
| Acquisitions Net | $- | $- | $-553.58M | $12.78M | $1.98M | $-29.67M | $-240.92M | $-50.55M | $-64.58M | $-37.01M |
| Purchases of Investments | $-52.77M | $-116.61M | $-4.18M | $-1.71M | $-2.56M | $-3.17M | $-2.90M | $-2.45M | $-1.66M | $-3.22M |
| Sales Maturities of Investments | $108.15M | $1.61M | $1.91M | $2.61M | $2.48M | $2.22M | $2.83M | $2.25M | $1.91M | $3.17M |
| Other Investing Activities | $-139.95M | $-34.34M | $207.01M | $-14.74M | $8.59M | $-156.49M | $-30.79M | $-13.40M | $-6.36M | $-34.99M |
| Net Cash Used for Investing Activities | $-84.57M | $-265.63M | $-442.43M | $-78.93M | $-29.47M | $-251.17M | $-321.25M | $-90.11M | $-98.47M | $-99.81M |
| Debt Repayment | $205.07M | $368.50M | $87.45M | $- | $190.54M | $93.17M | $29.03M | $-115.66M | $25.36M | $28.54M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-380.74M | $-362.77M | $-434.77M | $-13.37M | $-55.45M | $-50.64M | $-148.68M | $-9.81M | $-35.93M | $-72.87M |
| Dividends Paid | $-55.50M | $-56.46M | $-52.55M | $-25.04M | $-25.27M | $-48.09M | $-48.72M | $-48.65M | $-46.18M | $-45.21M |
| Other Financing Activities | $9.46M | $4.79M | $5.71M | $10.69M | $5.58M | $-6.93M | $38.94M | $38.34M | $12.67M | $10.09M |
| Net Cash Used Provided by Financing Activities | $-221.71M | $-45.94M | $-394.15M | $-27.72M | $115.40M | $-12.49M | $-129.42M | $-135.78M | $-44.08M | $-79.45M |
| Effect of Forex Changes on Cash | $301.00K | $197.00K | $-520.00K | $-224.00K | $33.00K | $230.00K | $-921.00K | $1.39M | $-462.00K | $-2.05M |
| Net Change in Cash | $13.42M | $-14.81M | $-470.04M | $276.83M | $201.01M | $7.12M | $-208.69M | $32.87M | $9.02M | $-21.44M |
| Cash at End of Period | $40.18M | $26.75M | $41.57M | $511.61M | $234.78M | $33.77M | $26.64M | $235.34M | $202.46M | $193.44M |
| Cash at Beginning of Period | $26.75M | $41.57M | $511.61M | $234.78M | $33.77M | $26.64M | $235.34M | $202.46M | $193.44M | $214.88M |
| Operating Cash Flow | $319.40M | $296.55M | $367.06M | $383.70M | $115.05M | $270.56M | $242.90M | $257.37M | $152.03M | $159.87M |
| Capital Expenditure | $- | $-118.29M | $-93.58M | $-77.87M | $-39.95M | $-64.04M | $-49.48M | $-25.95M | $-27.77M | $-27.77M |
| Free Cash Flow | $319.40M | $178.26M | $273.48M | $305.83M | $75.10M | $206.51M | $193.42M | $231.42M | $124.26M | $132.11M |