8-K
filed February 15, 2023, 6:59 PM ET
ticker CHH
CIK 0001046311
earnings
confidence high
sentiment positive
materiality 0.80
Choice Hotels reports record FY2022 revenue of $1.4B; adjusted EBITDA up 19% to $478.6M
CHOICE HOTELS INTERNATIONAL INC /DE
2022-FY EPS reported
$5.99
revenue$1,401,949,000
- Total revenues for FY2022 reached $1.4B, up 31% YoY; net income record $332.2M ($5.99 diluted EPS).
- Adjusted EBITDA record $478.6M, up 19% YoY; Q4 adjusted EBITDA $112.5M (+18%).
- Full-year adjusted diluted EPS $5.27, +23% YoY; Q4 adjusted diluted EPS $1.26 (+27%).
- Domestic RevPAR in Q4 up 20.4% vs 2019, outperforming industry by 700 bps; full-year RevPAR up 14.6%.
- Repurchased 3.7M shares in FY2022 (7% of avg shares); paid $53M in dividends.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CHOICE HOTELS INTERNATIONAL INC /DE reported full-year 2022 results: revenue $1.4 billion, net income $332.2 million, EPS $5.99.
- Period
- full-year 2022
- Revenue
- $1.4 billion
- Net income
- $332.2 million
- EPS
- $5.99
- Result
- reported results
Exact text from the filing
Total revenues reached a company record of $1.4 billion for full-year 2022, a 31% increase compared to the same period of 2021. For full-year 2022, Radisson Hotels Americas contributed $104.2 million in total revenues. • Net income reached a company record of $332.2 million for full-year 2022, a 15% increase compared to the same period of 2021, representing diluted earnings per share (EPS) of $5.99.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CHOICE HOTELS INTERNATIONAL INC /DE reported fourth quarter 2022 results: revenue $362 million, net income $55.5 million, EPS $1.04.
- Period
- fourth quarter 2022
- Revenue
- $362 million
- Net income
- $55.5 million
- EPS
- $1.04
- Result
- reported results
Exact text from the filing
Fourth quarter 2022 total revenues increased 27% to $362 million, compared to the same period of 2021, including a $64 million revenue contribution from Radisson Hotels Americas. • Total revenues, excluding reimbursable revenue from franchised and managed properties, increased 33% to $186 million for fourth quarter 2022, compared to the same period of 2021, and included a $40.6 million revenue contribution from Radisson Hotels Americas. • Net income was $55.5 million for fourth quarter 2022, representing diluted EPS of $1.04.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.