Wyndham Hotels & Resorts WH
Wyndham Hotels & Resorts scores average on business quality (4.7 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Wyndham Hotels & Resorts does
Wyndham Hotels & Resorts licenses lodging brands to hotel owners, making money primarily through franchise fees and royalties.
- What it does best
Wyndham turns revenue into cash exceptionally well, scoring in the top decile of its sector with a 95th percentile FCF margin of 22.8%. This asset-light franchising model avoids property ownership costs, creating high barriers against asset-heavy rivals.
- The main risk
Heavy debt load remains a central vulnerability, with total debt reaching $2.56B against just $64M in cash. This leaves little room for error if franchise demand softens.
Quality, check by check
Scored against its own industry, from company filings.
Operating margins hit a massive 37.6% landing in the top decile of its sector, driven by asset-light franchising that scales efficiently.
Franchise scale locks in property owners through extensive global brand recognition, placing gross margins in the top decile at 62.9%.
Revenue ticked up 1.5% to $1.4B, showing very slow top-line movement that continues to lag behind historical peaks.
Debt-to-equity sits at 5.5, while free cash flow reached $323M, pointing to a strong cash machine sitting on a leveraged balance sheet getting softer overall.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on WH
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Wyndham Hotels & Resorts scores average on the Cluenex quality check (4.7 of 10), measured against its own industry. Profitability is strong, moat fair, growth slow and financial health weak.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 21, 2026.
See WH today
- Today's verdict on WH, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Wyndham Hotels & Resorts (WH)”, https://cluenex.com/stocks/wh/, data as of Oct 10, 2026.