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Wyndham Hotels & Resorts, Inc. WH License and other fees — Royalties and franchise fee revenues

Other product segments

Royalties and franchise fees
$139M-5.4%
Marketing and reservation fees
$122M
Other
$54M+8.0%
Partnership fees
$28M
Other Products and Services Excluding Partnership Fees
$26M
Deferred loyalty program revenues
$23M
Management and other fees
$5M+150%
Owned Hotel Revenues
$3M
Management fees
$2M0.0%

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Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Wyndham Hotels & Resorts, Inc.’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 2:40 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001722684-26-000074
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Royalties and franchise fees$139$147$253$272
Marketing, reservation and loyalty145165267281
Management and other fees5295
License and other fees32336260
Other545011195
Net revenues375397702713
Expenses
Marketing, reservation and loyalty131162262300

Item 1. Condensed Consolidated Financial Statements (Unaudited).

FAQ

What is Wyndham Hotels & Resorts, Inc.'s license and other fees — royalties and franchise fee revenues?
Wyndham Hotels & Resorts, Inc. (WH) reported license and other fees — royalties and franchise fee revenues of $32M in Q2 2026.
How has Wyndham Hotels & Resorts, Inc.'s license and other fees — royalties and franchise fee revenues changed year-over-year?
Wyndham Hotels & Resorts, Inc.'s license and other fees — royalties and franchise fee revenues decreased by 3.0% year-over-year, from $33M to $32M.
What is the long-term trend for Wyndham Hotels & Resorts, Inc.'s license and other fees — royalties and franchise fee revenues?
Over 4 years (2021 to 2025), Wyndham Hotels & Resorts, Inc.'s license and other fees — royalties and franchise fee revenues has grown at a 12.4% compound annual growth rate (CAGR), from $79M to $126M.
What does license and other fees — royalties and franchise fee revenues mean?
This metric represents the recurring revenue generated from licensing agreements, royalties, and franchise fees associated with the company's brand portfolio. It captures the income derived from third-party operators who utilize the company's intellectual property and brand systems to conduct hotel operations. This revenue stream is a primary indicator of the company's ability to monetize its brand equity and expand its footprint through asset-light franchise models.

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