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Wyndham Hotels & Resorts, Inc. WH Payments of development advance notes

Payments of development advance notes at other companies

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Other financials

Income statement

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Revenue$327.0M+3.5%
Operating income$114.0M+1.8%
Net income$61.0M0.0%
EPS (diluted)$0.80+2.6%

Balance sheet

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Cash & equivalents$79.0M+64.6%
Total debt$2.7B+3.9%
Total equity$447.0M-22.8%
Total assets$4.2B0.0%

Cash flow

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Operating cash flow$42.0M-28.8%
CapEx$7.0M0.0%
Free cash flow$35.0M-32.7%

Valuation

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Market cap$6.3B-13.1%
Enterprise value$8.9B-8.9%
P/E20.1×-7.5×
P/S4.4×-0.7×

Profitability

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Operating margin30.7%-8.5pp
Net margin23.5%+5.3pp
FCF margin21.1%+4.8pp

Returns & leverage

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Return on equity58%+22.8pp
Debt / equity+1.5×
Current ratio0.0×

Where this comes from

Reported directly by Wyndham Hotels & Resorts, Inc. in its filing.

Tagged under the XBRL concept wh:PaymentsOfDevelopmentAdvances.

The official record: Wyndham Hotels & Resorts, Inc.’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wyndham Hotels & Resorts, Inc.'s payments of development advance notes?
Wyndham Hotels & Resorts, Inc. (WH) reported payments of development advance notes of $28M in Q4 2025.
How has Wyndham Hotels & Resorts, Inc.'s payments of development advance notes changed year-over-year?
Wyndham Hotels & Resorts, Inc.'s payments of development advance notes decreased by 1.8% year-over-year, from $28.5M to $28M.
What is the long-term trend for Wyndham Hotels & Resorts, Inc.'s payments of development advance notes?
Over 3 years (2022 to 2025), Wyndham Hotels & Resorts, Inc.'s payments of development advance notes has grown at a 29.1% compound annual growth rate (CAGR), from $52M to $112M.
What does payments of development advance notes mean?
This represents cash outflows for financial incentives provided to hotel owners to encourage the development or conversion of properties under the company's brands. It is a strategic capital allocation tool used to drive unit growth and expand the franchise network.