H Hyatt Hotels margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 54

Gross margin

20.6%

Operating margin

7.5%

EBITDA margin

13.2%

Net margin

2.6%

At present, Hyatt Hotels reports a gross margin of 20.6%, an operating margin of 7.5%, an EBITDA margin of 13.2%, and a net margin of 2.6%. Net margin had the largest improvement, increasing by 3.9 percentage points, while the other available margins also improved.

H margin history

Gross, operating, EBITDA and net margin trends

Hyatt Hotels's margins averaged 19.64% gross, 5.25% operating, 18.49% EBITDA, and 7.3% net during the last 3 years. Hyatt Hotels's current metrics show that gross and operating margins are above their three-year averages and EBITDA and net margins are below their three-year averages.

H margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with net margin showing the largest gain at 3.9 percentage points.

Gross margin expansion

1pp

Operating margin expansion

2.6pp

EBITDA margin expansion

3.7pp

Net margin expansion

3.9pp

H Gross margin

Over the last 3 years, the average gross margin for Hyatt Hotels was 19.64%. The latest gross margin for Hyatt Hotels is 20.6%, 1 percentage points above its three-year average. Hyatt Hotels's gross margin ranged from a low of 19.1% in Mar 2024 to a high of 20.6% in Sep 2026.

H Operating margin

Over the last 3 years, Hyatt Hotels's operating margin averaged 5.25%. At present, Hyatt Hotels's current operating margin is 7.5%, which is 2.3 percentage points above its three-year average. During this period, operating margin reached a high of 7.5% in Sep 2026 and a low of 3.9% in Mar 2024.

H EBITDA margin

Over the last 3 years, the average EBITDA margin for Hyatt Hotels was 18.49%. As of the latest period, Hyatt Hotels's current EBITDA margin is 13.2%, which is 5.3 percentage points below its three-year average. Hyatt Hotels's EBITDA margin ranged from a low of 9.5% in Sep 2025 to a high of 32.6% in Sep 2024.

H Net margin

Over the last 3 years, the average net margin for Hyatt Hotels was 7.3%. The current net margin stands at 2.6%, 4.7 percentage points below its three-year average. Hyatt Hotels's net margin ranged from a low of -1.3% in Sep 2025 to a high of 20.5% in Sep 2024.

H margin group comparison

Margins compared with peer-group, industry and sector averages

Hyatt Hotels's gross margin of 20.6% is lower than the Consumer Cyclical sector and the industry average. Looking at the Consumer Cyclical sector average of 36.3%, Hyatt Hotels's gross margin is 43% lower.

H margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Hyatt Hotels's gross margin?

For the period ending Sep 30, 2026, H recorded a gross margin of 20.6%.

What is Hyatt Hotels's operating margin?

The current operating margin for H is 7.5% as of Sep 30, 2026.

What is Hyatt Hotels's EBITDA margin?

As of Sep 30, 2026, H has an EBITDA margin of 13.2%.

What is Hyatt Hotels's net margin?

The current net margin for H is 2.6% as of Sep 30, 2026.

What are the average margins of H?

The three-year average margins for H were 19.6% gross, 5.3% operating, 18.5% EBITDA, and 7.3% net.

What are the highest historical margins of H?

Across the 5-year period, H posted its highest margins at 21.9% gross in Dec 2022, 7.5% operating in Sep 2026, 32.6% EBITDA in Sep 2024, and 20.5% net in Sep 2024.

What are the lowest historical margins of H?

Across the 5-year period, H posted its lowest margins at 14% gross in Dec 2021, -8.3% operating in Dec 2021, 9.5% EBITDA in Sep 2025, and -7.3% net in Dec 2021.