CHH
Choice Hotels International, Inc.92.89
+2.08+2.29%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
4.30BP/E (TTM)
11.45Basic EPS (TTM)
8.11Dividend Yield
0.01%Recent Filings
8-K
Q2 earnings mixed, international surges
Choice Hotels reported Q2 2025 net income of $81.7 million, down from $87.1 million last year, yet adjusted EBITDA hit a record $165 million, up 2%, buoyed by international expansion. Global rooms grew 2.1%, with international up 5%, fueled by a $112 million acquisition of full ownership in Choice Hotels Canada, adding 22 brands and expected $18 million EBITDA this year. Domestic RevPAR dipped 2.9% amid macro pressures, but extended-stay held steady. Full-year adjusted EBITDA guidance holds at $615–$635 million.
10-Q
Q2 FY2025 results
Choice Hotels delivered steady Q2 results, with total revenues dipping 2.0% y/y to $426.4M amid a 2.9% domestic RevPAR decline from softer occupancy and rates, yet franchise and management fees held near $177.1M while partnership services ticked up slightly. Operating income fell 6.1% y/y to $124.6M, pressured by a wider reimbursable deficit, but net income landed at $81.7M with diluted EPS of $1.75, down 2.8% y/y on 46.6M shares. Cash swelled to $58.6M, bolstered by $116.1M operating cash flow, while long-term debt climbed to $1.9B including $466.8M on the revolver; free cash flow not disclosed in the 10-Q. Post-quarter, Choice snapped up full control of its Canadian arm for ~$112M cash and launched a JV with $71.6M equity for Everhome Suites growth. Solid liquidity persists. Franchisee financial strains pose a key risk.
8-K
Income statement reclassifications filed
Choice Hotels reclassified prior-year income statement items on May 15, 2025, to align with current-year presentation, shifting revenues like initial franchise fees into franchise and management fees, now totaling $669.6M for 2024, while moving IT amortization to depreciation. These tweaks boosted reported SG&A to $312.4M but left total revenues, expenses, operating income at $463.8M, and net income unchanged. No errors triggered the changes. Investors see clearer franchise ops visibility.
8-K
2025 LTIP approved
Choice Hotels shareholders approved the 2025 Long-Term Incentive Plan at the May 15, 2025 Annual Meeting, authorizing up to 1,000,000 new shares plus unused shares from the 2017 plan for options, awards, and units to employees, officers, and directors. This bolsters talent retention amid growth pressures. Shareholders also re-elected all eleven directors and ratified Ernst & Young as auditors. Plan lasts until 2035.
8-K
Q1 earnings beat expectations
Choice Hotels kicked off 2025 with a 44% surge in net income to $44.5 million, fueled by 2.3% domestic RevPAR growth that outpaced chain scales by 60 basis points, while global rooms expanded 2.8%. Extended stay RevPAR jumped 6.8%, underscoring portfolio resilience amid economic shifts. Yet, full-year domestic RevPAR outlook cools to -1% to 1%. Strong liquidity at $593.8 million bolsters stability.
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