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Wyndham Hotels & Resorts, Inc. WH Product and Service, Other — Contract Liabilities

Other product segments

Deferred loyalty program revenues
$108M
Other
$17M+6.3%

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FOS
FOSLLicensing Income — Contract Liabilities
$300K

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$5.58B-14.5%
Enterprise value$8.19B-10.0%
P/E15.7×-5.9×
P/S3.9×-0.6×

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:ContractWithCustomerLiability.

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
Line itemDecember 31, 2025December 31, 2024
Deferred initial franchise fee revenues$151$145
Deferred loyalty program revenues9197
Deferred co-branded credit card program revenues9822
Deferred other revenues1426
Total$354$290

Item 16. Form 10-K Summary.

FAQ

What is Wyndham Hotels & Resorts, Inc.'s product and service, other — contract liabilities?
Wyndham Hotels & Resorts, Inc. (WH) reported product and service, other — contract liabilities of $14M in Q4 2025.
How has Wyndham Hotels & Resorts, Inc.'s product and service, other — contract liabilities changed year-over-year?
Wyndham Hotels & Resorts, Inc.'s product and service, other — contract liabilities decreased by 46.2% year-over-year, from $26M to $14M.
What does product and service, other — contract liabilities mean?
This metric represents the deferred revenue obligations arising from the Product and Service, Other segment, reflecting payments received from customers for services not yet performed or delivered. It serves as a key indicator of future revenue recognition and customer commitment within the company's ancillary business lines. Monitoring this balance helps investors assess the timing of revenue realization and the underlying demand for non-core hospitality services.

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