Total assets reported in FY2025.
Total liabilities reported in FY2025.
Shareholders' equity reported in FY2025.
Equity as a share of the latest capital base.
Review the reported balance sheet and jump directly to the source filing for any fiscal year.
Wyndham Hotels & Resorts’ balance sheet has been relatively stable in size over the last five years, with total assets moving within a narrow range of roughly $4.0 billion to $4.3 billion. Assets declined from $4,269 million in 2021 to $4,123 million in 2022, then dipped again to $4,033 million in 2023 before edging back up to $4,223 million in 2024 and easing slightly to $4,182 million in 2025. This pattern suggests a mature, asset-light business model typical of franchised hotel operators, where the balance sheet does not expand dramatically even as the company continues to operate across a broad global footprint. Liabilities have trended upward overall, increasing from $3,180 million in 2021 to $3,714 million in 2025, with the sharpest rise occurring in the last two years. In contrast, stockholders’ equity has steadily declined from $1,089 million in 2021 to $468 million in 2025. The combination of slightly lower asset levels, rising liabilities, and falling equity indicates a meaningful weakening in the company’s balance-sheet cushion and higher leverage over time. In the hotel/franchise industry, leverage can be manageable due to recurring fee-based cash flows, but the trend here still points to a more constrained equity position and less financial flexibility than in prior years.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.