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H World Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for H World Group and similar public comparables like Hyatt, Sands China, IHG Hotels & Resorts, Accor and more.
H World Group Overview
About H World Group
H World Group Ltd is a multi-brand hotel group in China with international operations. It operates in the leased, managed, and franchised models. The company has two operating segments: legacy Huazhu and legacy DH. Its brand and product offering includes Economy hotel brands: HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, and Ibis Hotel, Midscale hotel brands: JI Hotel, Orange Hotel, Starway Hotel and Ibis Styles Hotel, Upper midscale hotel brands: Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, CitiGO Hotel and MAXX by Steigenberger, Upscale hotel brands: Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, Jaz in the City, and Grand Mercure; and Luxury hotel brand: Steigenberger Icon and Song Hotels.
Founded
2007
HQ

Employees
28.5K
Website
Sectors
Financials (LTM)
EV
$20B
H World Group Financials
H World Group reported last 12-month revenue of $4B and EBITDA of $1B.
In the same LTM period, H World Group generated $2B in gross profit, $1B in EBITDA, and $749M in net income.
Revenue (LTM)
H World Group P&L
In the most recent fiscal year, H World Group reported revenue of $3B and EBITDA of $939M.
H World Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $2B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 40% | XXX | 36% | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $939M | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 27% | XXX | XXX | XXX |
| EBIT Margin | 27% | XXX | 22% | XXX | XXX | XXX |
| Net Profit | $749M | XXX | $444M | XXX | XXX | XXX |
| Net Margin | 20% | XXX | 13% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
H World Group Stock Performance
H World Group has current market cap of $16B, and enterprise value of $20B.
Market Cap Evolution
H World Group's stock price is $5.22.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $20B | $16B | 0.0% | XXX | XXX | XXX | $0.14 |
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Start Free TrialH World Group Valuation Multiples
H World Group trades at 5.3x EV/Revenue multiple, and 15.7x EV/EBITDA.
EV / Revenue (LTM)
H World Group Financial Valuation Multiples
As of March 21, 2026, H World Group has market cap of $16B and EV of $20B.
Equity research analysts estimate H World Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
H World Group has a P/E ratio of 21.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $16B | XXX | $16B | XXX | XXX | XXX |
| EV (current) | $20B | XXX | $20B | XXX | XXX | XXX |
| EV/Revenue | 5.3x | XXX | 5.6x | XXX | XXX | XXX |
| EV/EBITDA | 15.7x | XXX | 20.8x | XXX | XXX | XXX |
| EV/EBIT | 19.1x | XXX | 25.8x | XXX | XXX | XXX |
| EV/Gross Profit | 13.0x | XXX | 15.6x | XXX | XXX | XXX |
| P/E | 21.5x | XXX | 36.2x | XXX | XXX | XXX |
| EV/FCF | 16.5x | XXX | 20.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified H World Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


H World Group Margins & Growth Rates
H World Group's revenue in the last 12 month grew by 6%.
H World Group's revenue per employee in the last FY averaged $0.1M.
H World Group's rule of 40 is 39% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
H World Group's rule of X is 47% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
H World Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 6% | XXX | XXX | XXX |
| EBITDA Margin | 34% | XXX | 27% | XXX | XXX | XXX |
| EBITDA Growth | 12% | XXX | 29% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 39% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 47% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 5% | XXX | 5% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 9% | XXX | 11% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | — | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 14% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
H World Group Public Comps
See public comps and valuation multiples for other Accommodation comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Hyatt | XXX | XXX | XXX | XXX | XXX | XXX |
| Sands China | XXX | XXX | XXX | XXX | XXX | XXX |
| IHG Hotels & Resorts | XXX | XXX | XXX | XXX | XXX | XXX |
| Accor | XXX | XXX | XXX | XXX | XXX | XXX |
| Wynn Resorts | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
H World Group M&A Activity
H World Group acquired XXX companies to date.
Last acquisition by H World Group was on XXXXXXXX, XXXXX. H World Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by H World Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialH World Group Investment Activity
H World Group invested in XXX companies to date.
H World Group made its latest investment on XXXXXXXX, XXXXX. H World Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by H World Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout H World Group
| When was H World Group founded? | H World Group was founded in 2007. |
| Where is H World Group headquartered? | H World Group is headquartered in China. |
| How many employees does H World Group have? | As of today, H World Group has over 28K employees. |
| Who is the CEO of H World Group? | H World Group's CEO is Hui Jin. |
| Is H World Group publicly listed? | Yes, H World Group is a public company listed on HKEX. |
| What is the stock symbol of H World Group? | H World Group trades under 01179 ticker. |
| When did H World Group go public? | H World Group went public in 2020. |
| Who are competitors of H World Group? | H World Group main competitors are Hyatt, Sands China, IHG Hotels & Resorts, Accor. |
| What is the current market cap of H World Group? | H World Group's current market cap is $16B. |
| What is the current revenue of H World Group? | H World Group's last 12 months revenue is $4B. |
| What is the current revenue growth of H World Group? | H World Group revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of H World Group? | Current revenue multiple of H World Group is 5.3x. |
| Is H World Group profitable? | Yes, H World Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of H World Group? | H World Group's last 12 months EBITDA is $1B. |
| What is H World Group's EBITDA margin? | H World Group's last 12 months EBITDA margin is 34%. |
| What is the current EV/EBITDA multiple of H World Group? | Current EBITDA multiple of H World Group is 15.7x. |
| What is the current FCF of H World Group? | H World Group's last 12 months FCF is $1B. |
| What is H World Group's FCF margin? | H World Group's last 12 months FCF margin is 32%. |
| What is the current EV/FCF multiple of H World Group? | Current FCF multiple of H World Group is 16.5x. |
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