
Current Net Margin
21.10%
H World Group Limited currently has a net profit margin of 21.10%. Net margin is a key efficiency ratio that measures what percentage of each dollar of revenue actually results in profit for the company.
Historical Margin Data
Quarterly and annual profitability trends
| Date | Revenue ($B) | Net Income ($B) | Net Margin | Change (bps) |
|---|---|---|---|---|
| 2025-09-30 | 6.96 | 1.47 | 21.10% | ▼292 |
| 2025-06-30 | 6.43 | 1.54 | 24.03% | ▲746 |
| 2025-03-31 | 5.39 | 0.89 | 16.57% | ▲1576 |
| 2024-12-31 | 6.02 | 0.05 | 0.81% | ▼1895 |
| 2024-09-30 | 6.44 | 1.27 | 19.76% | ▲241 |
| 2024-06-30 | 6.15 | 1.07 | 17.36% | ▲487 |
| 2024-03-31 | 5.28 | 0.66 | 12.49% | ▼82 |
| 2023-12-31 | 5.58 | 0.74 | 13.31% | ▼796 |
| 2023-09-30 | 6.29 | 1.34 | 21.26% | ▲291 |
| 2023-06-30 | 5.53 | 1.01 | 18.35% | ▼374 |
| 2023-03-31 | 4.48 | 0.99 | 22.10% | ▲2532 |
| 2022-12-31 | 3.71 | -0.12 | -3.22% | ▲1430 |
| 2022-09-30 | 4.09 | -0.72 | -17.52% | ▼717 |
| 2022-06-30 | 3.38 | -0.35 | -10.35% | ▲1315 |
| 2022-03-31 | 2.68 | -0.63 | -23.50% | ▼979 |
| 2021-12-31 | 3.35 | -0.46 | -13.71% | ▼982 |
| 2021-09-30 | 3.52 | -0.14 | -3.89% | ▼1443 |
| 2021-06-30 | 3.59 | 0.38 | 10.54% | ▲2120 |
| 2021-03-31 | 2.33 | -0.25 | -10.66% | ▼3355 |
| 2020-12-31 | 3.07 | 0.70 | 22.89% | ▲2960 |
| 2020-09-30 | 3.16 | -0.21 | -6.71% | ▲2135 |
| 2020-06-30 | 1.95 | -0.55 | -28.06% | ▲7800 |
| 2020-03-31 | 2.01 | -2.13 | -106.06% | ▼12733 |
| 2019-12-31 | 2.91 | 0.62 | 21.27% | ▲716 |
| 2019-09-30 | 3.06 | 0.43 | 14.11% | ▼733 |
| 2019-06-30 | 2.86 | 0.61 | 21.44% | ▲1700 |
| 2019-03-31 | 2.39 | 0.11 | 4.44% | ▲2006 |
| 2018-12-31 | 2.68 | -0.42 | -15.62% | ▼3974 |
| 2018-09-30 | 2.77 | 0.67 | 24.13% | ▲1070 |
| 2018-06-30 | 2.52 | 0.34 | 13.42% | ▲728 |
| 2018-03-31 | 2.09 | 0.13 | 6.15% | ▼400 |
| 2017-12-31 | 2.23 | 0.23 | 10.14% | ▼929 |
| 2017-09-30 | 2.39 | 0.46 | 19.43% | ▼3 |
| 2017-06-30 | 2.00 | 0.39 | 19.46% | ▲1000 |
| 2017-03-31 | 1.61 | 0.15 | 9.46% | ▲192 |
| 2016-12-31 | 1.67 | 0.13 | 7.54% | ▼903 |
| 2016-09-30 | 1.77 | 0.29 | 16.57% | ▼247 |
| 2016-06-30 | 1.66 | 0.32 | 19.04% | ▲1422 |
| 2016-03-31 | 1.44 | 0.07 | 4.83% | ▲13 |
| 2015-12-31 | 1.51 | 0.07 | 4.70% | ▼928 |
| 2015-09-30 | 1.60 | 0.22 | 13.98% | ▲374 |
| 2015-06-30 | 1.46 | 0.15 | 10.23% | ▲1081 |
| 2015-03-31 | 1.21 | -0.01 | -0.58% | ▼419 |
| 2014-12-31 | 1.30 | 0.05 | 3.61% | ▼717 |
| 2014-09-30 | 1.39 | 0.15 | 10.78% | ▲82 |
| 2014-06-30 | 1.25 | 0.12 | 9.96% | ▲1125 |
| 2014-03-31 | 1.03 | -0.01 | -1.29% | ▼652 |
| 2013-12-31 | 1.12 | 0.06 | 5.23% | ▼567 |
| 2013-09-30 | 1.15 | 0.12 | 10.89% | ▲159 |
| 2013-06-30 | 1.03 | 0.10 | 9.31% | ▲930 |
| 2013-03-31 | 0.87 | 0.00 | 0.01% | ▼205 |
| 2012-12-31 | 0.88 | 0.02 | 2.06% | ▼866 |
| 2012-09-30 | 0.89 | 0.10 | 10.72% | ▲191 |
| 2012-06-30 | 0.80 | 0.07 | 8.81% | ▲1026 |
| 2012-03-31 | 0.65 | -0.01 | -1.45% | ▼611 |
| 2011-12-31 | 0.65 | 0.03 | 4.66% | ▼463 |
| 2011-09-30 | 0.63 | 0.06 | 9.28% | ▲192 |
| 2011-06-30 | 0.55 | 0.04 | 7.36% | ▲1065 |
| 2011-03-31 | 0.42 | -0.01 | -3.29% | ▼1100 |
| 2010-12-31 | 0.45 | 0.03 | 7.71% | ▼982 |
| 2010-09-30 | 0.51 | 0.09 | 17.53% | ▼63 |
| 2010-06-30 | 0.44 | 0.08 | 18.16% | ▲1451 |
| 2010-03-31 | 0.34 | 0.01 | 3.65% | ▼201 |
| 2009-12-31 | 0.35 | 0.02 | 5.66% | ▼86 |
| 2009-09-30 | 0.34 | 0.02 | 6.53% | ▼234 |
| 2009-06-30 | 0.32 | 0.03 | 8.86% | ▲1971 |
| 2009-03-31 | 0.25 | -0.03 | -10.85% | — |
* Net margin = (Net Income / Total Revenue) * 100. Based on official SEC filings.