Valuation, from the filing
| Public float | $3.45B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $74.95 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 9.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 2.2× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 19.0× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
9.3× earnings today, against a median of 13.9× across 10 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $3.45B | 9.3× | |
| 2024-06-28 | $3.36B | 11.2× | |
| 2023-06-30 | $3.68B | 14.2× | |
| 2022-06-30 | $4.08B | 12.3× | |
| 2021-06-30 | $4.38B | 15.1× | |
| 2020-06-30 | $2.87B | 38.0× | |
| 2019-06-30 | $3.00B | 13.5× | |
| 2018-06-30 | $2.69B | 12.4× | |
| 2017-06-30 | $2.20B | 18.0× | |
| 2016-06-30 | $1.58B | 14.8× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Hotels & Motels filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Net margin | 23.2% | 94th | |
| Long-term debt / equity | 10.52x | 91th | |
| Operating margin | 28.1% | 88th | |
| Current ratio | 0.87x | 75th | |
| Revenue YoY growth | 0.8% | 25th | |
| Effective tax rate | 19.0% | 38th |
CHOICE HOTELS INTERNATIONAL INC /DE (CHH) reported revenue of $1.62B and net income of $328.32M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from CHOICE HOTELS INTERNATIONAL INC /DE’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Hotels & Motels.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $1.62B |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | $408.04M |
| Net income | $328.32M |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $404.71M |
| Income tax expense | $76.39M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $339.65M |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $42.83M |
| Total assets | $2.99B |
| Current assets | $431.94M |
| Total liabilities | $2.85B |
| Current liabilities | $466.47M |
| Total equity incl. NCI | $142.18M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | Unavailable |
| Accounts receivable | $279.81M |
| Goodwill | $302.88M |
| Long-term debt | $2.00B |
| Accounts payable | $165.44M |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $221.74M |
| Capital expenditures | Unavailable |
| Investing cash flow | -$157.14M |
| Financing cash flow | -$82.05M |
| Net change in cash | Unavailable |
| Stock-based compensation | Unavailable |
| Common dividends paid | $52.94M |
| Common share repurchases | $133.01M |
| Depreciation & amortization | $66.18M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | Unavailable |
| Gross margin | Unavailable |
| Operating margin | 25.2% |
| FCF margin | Unavailable |
| SBC / revenue | Unavailable |
| Current ratio | 0.93x |
| Revenue YoY growth | 2.6% |
| Net margin | 20.3% |
| R&D / revenue | Unavailable |
| CapEx / revenue | Unavailable |
| Long-term debt / equity | 14.08x |
| Effective tax rate | 18.9% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open CHH in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.