Skip to content
Screener

Wyndham Hotels & Resorts, Inc. WH Deferred loyalty program revenue — Loyalty program liability

Similar metrics at other companies

ALG
ALGTLoyalty program liability
-$769.75K-131%
AMC Entertainment Holdings logo
AMCLoyalty Program — Deferred Revenue
$98.6M+8.6%
ThredUp Inc. logo
TDUPLoyalty Program — Deferred Revenue
$0
Hilton Worldwide logo
HLTGuest Loyalty Program — Liability for guest loyalty program
$1.75B+7.6%
Delta Air Lines logo
DALLoyalty and related — Loyalty program deferred revenue
$4.33B-5.4%
Tilly's logo
TLYSCustomer Loyalty Program — Deferred Revenue
$5M+8.7%

Other financials

Income statement

See full
Revenue$375.0M-5.5%
Operating income$174.0M+16.0%
Net income$102.0M+17.2%
EPS (diluted)$1.36+20.4%

Balance sheet

See full
Cash & equivalents$89.0M+78.0%
Total debt$2.7B+2.9%
Total equity$480.0M-15.8%
Total assets$4.3B+0.8%

Cash flow

See full
Operating cash flow$91.0M+30.0%
CapEx$14.0M+16.7%
Free cash flow$77.0M+32.8%

Valuation

See full
Market cap$5.65B-13.4%
Enterprise value$8.26B-9.2%
P/E15.9×-6.0×
P/S-0.5×

Profitability

See full
Operating margin32.9%-5.9pp
Net margin23.5%+5.3pp
FCF margin22.8%+2.8pp

Returns & leverage

See full
Return on equity58%+22.8pp
Debt / equity5.6×+1.0×
Current ratio0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:OtherLiabilities.

The source filing: Wyndham Hotels & Resorts, Inc.’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 1:23 PM EST
Fiscal year
FY2025
Accession
0001722684-26-000007

As members earn points through the loyalty program, the Company records a liability for the estimated future redemption costs, which is calculated based on (i) an estimated cost per point and (ii) an estimated redemption rate of the overall points earned, which is determined with the assistance of a third-party actuarial firm through historical experience, current trends and the use of an actuarial analysis. The Company estimates the value of the future redemption obligations by projecting the timing of future point redemptions based on historical levels, including an estimate of the points that will expire or never be redeemed, and an estimate of the points members will eventually redeem. The recorded liability related to the program totals $118 million and $105 million as of December 31, 2025 and 2024, respectively, of which $73 million and $65 million, respectively, are included in accrued expenses and other current liabilities, and $45 million and $40 million, respectively, are included in other non-current liabilities on the Company’s Consolidated Balance Sheets.

Item 16. Form 10-K Summary.

FAQ

What is Wyndham Hotels & Resorts, Inc.'s deferred loyalty program revenue — loyalty program liability?
Wyndham Hotels & Resorts, Inc. (WH) reported deferred loyalty program revenue — loyalty program liability of $118M in Q4 2025.
How has Wyndham Hotels & Resorts, Inc.'s deferred loyalty program revenue — loyalty program liability changed year-over-year?
Wyndham Hotels & Resorts, Inc.'s deferred loyalty program revenue — loyalty program liability increased by 12.4% year-over-year, from $105M to $118M.
What does deferred loyalty program revenue — loyalty program liability mean?
This metric represents the total outstanding obligation to loyalty program members for points or rewards earned but not yet redeemed. It serves as a key indicator of the company's future service obligations and the potential impact on future revenue recognition as members utilize their earned benefits.

Ask your AI about Wyndham Hotels & Resorts, Inc.'s deferred loyalty program revenue — loyalty program liability.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude