Consumer Cyclical · Travel Lodging
Price
$112.72
Market Cap
$5.1B
Employees
1,695
Beta
0.68
Avg Volume
646,806
CEO
Patrick S. Pacious
Business Description
Choice Hotels International, Inc., also known as Choice Hotels, operates as a prominent global hotel franchisor, conducting its extensive business through its various subsidiary entities. The company's activities are primarily divided into two main segments: Hotel Franchising and Corporate & Other. It authorizes the use of its brand names for a diverse portfolio of lodging establishments, including well-known brands such as Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, and the Ascend Hotel Collection. Beyond its core franchising operations, Choice Hotels also develops and offers cloud-based property management software solutions specifically designed for independent hoteliers not affiliated with its franchise system. As of March 31, 2022, its widespread network consisted of approximately 7,000 hotels, encompassing roughly 600,000 rooms, distributed across 35 countries and territories worldwide. Established in 1939, Choice Hotels International, Inc. maintains its corporate headquarters in Rockville, Maryland.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
14.14
Stock Price: $112.72
EPS (Diluted): 7.97
EPS (Diluted): 7.97
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
24.27
Stock Price: $112.72
Total Equity: $181.23M
Shares: 46,580,000
Total Equity: $181.23M
Shares: 46,580,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
9.83
Market Cap: $5.13B
Total Debt: $2.02B
Cash: $45.00M
EBITDA: $659.27M
Total Debt: $2.02B
Cash: $45.00M
EBITDA: $659.27M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$6.5B
Market Cap: $5.13B
Total Debt: $2.02B
Cash: $45.00M
Total Debt: $2.02B
Cash: $45.00M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
40.9%
Gross Profit: $653.86M
Revenue: $1.60B
Revenue: $1.60B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
28.4%
Operating Income: $453.10M
Revenue: $1.60B
Revenue: $1.60B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
23.2%
Net Income: $369.95M
Revenue: $1.60B
Revenue: $1.60B
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
204.1%
Net Income: $369.95M
Total Equity: $181.23M
Total Equity: $181.23M
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
17.0%
Operating Income: $453.10M
Tax Rate: 19.0%
Equity: $181.23M
Total Debt: $2.02B
Cash: $45.00M
Tax Rate: 19.0%
Equity: $181.23M
Total Debt: $2.02B
Cash: $45.00M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.87
Current Assets: $406.00M
Current Liabilities: $467.29M
Current Liabilities: $467.29M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
11.16
Short-Term Debt: $8.36M
Long-Term Debt: $2.01B
Total Debt: $2.02B
Total Equity: $181.23M
Long-Term Debt: $2.01B
Total Debt: $2.02B
Total Equity: $181.23M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$34.28
Revenue: $1.60B
Shares: 46,580,000
Shares: 46,580,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$3.89
Total Equity: $181.23M
Shares: 46,580,000
Shares: 46,580,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$2.68
Operating CF: $270.45M
CapEx: -$145.80M
Shares: 46,580,000
CapEx: -$145.80M
Shares: 46,580,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
1.2%
Last Dividend: N/A
Stock Price: $112.72
Stock Price: $112.72
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $369.95M
Net Income: $369.95M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares CHH against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 25, 2026 1:16pm (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $1.5B | $1.6B | $1.6B |
| Cost of Revenue | $469.7M | $701.9M | $853.9M | $840.7M | $942.9M |
| Gross Profit | $599.6M | $700.1M | $690.3M | $744.2M | $653.9M |
| Operating Expenses | $170.7M | $221.5M | $315.3M | $280.4M | $200.8M |
| Operating Income | $428.9M | $478.6M | $375.0M | $463.8M | $453.1M |
| Net Income | $289.0M | $332.2M | $258.5M | $299.7M | $369.9M |
| EBITDA | $473.7M | $544.5M | $440.4M | $553.6M | $659.3M |
| EPS | $5.20 | $6.05 | $5.11 | $6.26 | $7.97 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 25, 2026 1:16pm (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $511.6M | $41.6M | $26.8M | $40.2M | $45.0M |
| Total Current Assets | $761.7M | $347.9M | $296.5M | $339.1M | $406.0M |
| Total Assets | $1.9B | $2.1B | $2.4B | $2.5B | $2.9B |
| Current Liabilities | $570.3M | $435.9M | $942.7M | $462.7M | $467.3M |
| Long-Term Debt | $844.1M | $1.2B | $1.1B | $1.8B | $2.0B |
| Total Liabilities | $1.7B | $1.9B | $2.4B | $2.6B | $2.7B |
| Total Equity | $265.9M | $154.7M | $35.6M | -$45.3M | $181.2M |
| Retained Earnings | $1.3B | $1.6B | $1.8B | $2.0B | $2.3B |
Cash Flow (Annual)
Last updated: Jun 25, 2026 1:16pm (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $383.7M | $367.1M | $296.6M | $319.4M | $270.4M |
| Capital Expenditure | -$77.9M | -$90.0M | -$118.3M | -$145.9M | -$145.8M |
| Free Cash Flow | $305.8M | $277.1M | $178.3M | $173.6M | $124.7M |
| Acquisitions (net) | $12.8M | -$553.6M | $0 | -$52.8M | -$73.4M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$13.4M | -$434.8M | -$362.8M | -$380.7M | -$138.3M |
| Net Change in Cash | $276.8M | -$470.0M | -$14.8M | $13.4M | $4.8M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 9:46pm (11h ago)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$1.6B $1.6B – $1.6B
|
$1.7B $1.6B – $1.7B
|
$1.7B $1.7B – $1.7B
|
$1.9B $1.8B – $1.9B
|
| EBITDA |
$609.7M $598.4M – $617.1M
|
$623.9M $601.6M – $653.6M
|
$637.2M $632.4M – $641.9M
|
$696.6M $679.0M – $719.4M
|
| Net Income |
$331.7M $323.1M – $340.3M
|
$376.5M $331.9M – $421.1M
|
$389.0M $322.2M – $420.6M
|
$503.3M $486.8M – $524.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 25, 2026 1:16pm (1d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +31.1% | +10.1% | +2.6% | +0.8% |
| Gross Profit Growth | +16.8% | -1.4% | +7.8% | -12.1% |
| Operating Income Growth | +11.6% | -21.6% | +23.7% | -2.3% |
| Net Income Growth | +14.9% | -22.2% | +15.9% | +23.5% |
| EBITDA Growth | +15.0% | -19.1% | +25.7% | +19.1% |
Dividend History (Last 20)
Last updated: Jun 25, 2026 1:16pm (1d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-07-01 | $0.29 | 2026-05-20 | 2026-07-01 | 2026-07-15 |
| 2026-04-01 | $0.29 | 2026-02-25 | 2026-04-01 | 2026-04-15 |
| 2026-01-02 | $0.29 | 2025-12-10 | 2026-01-02 | 2026-01-15 |
| 2025-10-01 | $0.29 | 2025-09-10 | 2025-10-01 | 2025-10-16 |
| 2025-07-01 | $0.29 | 2025-05-14 | 2025-07-01 | 2025-07-16 |
| 2025-04-01 | $0.29 | 2025-02-26 | 2025-04-01 | 2025-04-16 |
| 2025-01-02 | $0.29 | 2024-12-11 | 2025-01-02 | 2025-01-16 |
| 2024-10-01 | $0.29 | 2024-09-11 | 2024-10-01 | 2024-10-16 |
| 2024-07-01 | $0.29 | 2024-05-15 | 2024-07-01 | 2024-07-16 |
| 2024-04-01 | $0.29 | 2024-02-28 | 2024-04-02 | 2024-04-17 |
| 2023-12-29 | $0.29 | 2023-12-07 | 2024-01-02 | 2024-01-17 |
| 2023-09-29 | $0.29 | 2023-09-13 | 2023-10-02 | 2023-10-17 |
| 2023-07-03 | $0.29 | 2023-05-17 | 2023-07-05 | 2023-07-19 |
| 2023-03-31 | $0.29 | 2023-03-01 | 2023-04-03 | 2023-04-18 |
| 2022-12-30 | $0.24 | 2022-12-07 | 2023-01-03 | 2023-01-17 |
| 2022-09-30 | $0.24 | 2022-09-22 | 2022-10-03 | 2022-10-14 |
| 2022-06-30 | $0.24 | 2022-05-24 | 2022-07-01 | 2022-07-14 |
| 2022-03-31 | $0.24 | 2022-02-24 | 2022-04-01 | 2022-04-15 |
| 2022-01-03 | $0.24 | 2021-12-06 | 2022-01-04 | 2022-01-18 |
| 2021-09-30 | $0.23 | 2021-09-09 | 2021-10-01 | 2021-10-15 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for CHH — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30