H World Group Limited (HTHT) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 231.59M | 3.35B | 1.7B | 2.66B | 580M | 2.81B | 1.62B | 2.25B | 886M | 2.32B | 1.18B | 2.24B | 1.84B | 1.04B | 452M | 989M | -921M | 867M | 192M | 1.24B |
| Operating CF Margin % | 3.89% | 52.12% | 24.38% | 41.38% | 10.75% | 46.61% | 25.1% | 36.59% | 16.79% | 41.52% | 18.78% | 40.47% | 41.16% | 28.12% | 11.04% | 29.24% | -34.35% | 25.9% | 5.45% | 34.51% |
| Operating CF Growth % | -60.07% | 19.47% | 4.93% | 18.2% | -34.54% | 21.09% | 36.94% | 0.51% | -51.95% | 122.52% | 161.28% | 126.29% | 300.22% | 20.18% | 135.42% | -20.11% | 3.76% | 185.2% | -83.14% | 141.8% |
| Net Income | 812.06M | 1.16B | 1.47B | 1.56B | 899M | 49M | 1.25B | 1.07B | 667M | 728.14M | 1.35B | 1.04B | 1B | -127M | -717M | -363M | -649M | -480M | -136M | 377M |
| Depreciation & Amortization | 290.23M | 285.01M | 319M | 317M | 319M | 330.97M | 324.71M | 336.13M | 345M | 346M | 358M | 359M | 385M | 369M | 351M | 374M | 399M | 377M | 391M | 377M |
| Stock-Based Compensation | 0 | 0 | 92M | 170M | 77M | 0 | 0 | 0 | 58M | 0 | 44M | 34M | 27M | 9M | 29M | 26M | 22M | 15M | 31M | 28M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 115.01M | 0 | 0 | 0 | 0 | 154M | 52M | 0 | -268M | 0 | 608M | 23M | 603M | 187M | -40M |
| Other Non-Cash Items | 323.03M | -1.03B | 54M | -311M | -427M | 2.06B | 1.21B | 239.91M | 46M | 2.29B | -144M | 45M | -588M | 51M | 607M | 479M | 172M | 778M | 1.58B | 24M |
| Working Capital Changes | -1.19B | 2.94B | -240M | 924M | -288M | 254.12M | -1.16B | 602.88M | -230M | -1.04B | -583M | 712M | 1.02B | 1.01B | 182M | -135M | -888M | -426M | -1.86B | 472M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -621M | 0 | 0 | 0 | -113M | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20M | 0 | 0 | 0 | 2M | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9M | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 1.42B | 974.42M | -3.05B | 239M | 757M | -3.14B | 156.2M | 346M | 348M | -257.85M | -2.05B | -1.13B | 1.98B | 149M | -525M | 56M | -201M | -503M | -1.03B | -582M |
| Capital Expenditures | -180.9M | -200.44M | -204M | -189M | -240M | -205M | -199.05M | -203M | -281M | -301.37M | -196M | -171M | -222M | -229M | -256M | -143M | -425M | -451M | -346M | -311M |
| CapEx % of Revenue | 3.04% | 3.11% | 2.93% | 2.94% | 4.45% | 3.4% | 3.09% | 3.3% | 5.32% | 5.4% | 3.12% | 3.09% | 4.96% | 6.18% | 6.25% | 4.23% | 15.85% | 13.47% | 9.82% | 8.67% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171M | 0 | 2M | 0 | -3M | -56M | -1M | -395M | -346M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2.98M | -75.45M | 22M | 42M | 31M | -6.75M | 9.96M | 42M | 41M | -45.78M | -7M | -173M | 4M | 29M | 25M | -127M | -19M | -2M | 13M | 35M |
| Cash from Financing | 413.48M | -1.13B | -1.81B | -709M | -628M | -100.59M | -2.01B | -1.1B | -2.26B | -697.11M | -613M | -3.82B | 1.46B | -1.4B | 461M | -601M | 146M | -598M | -17M | -185M |
| Debt Issued (Net) | 436.34M | -791.66M | -29M | 1.44B | -166M | -6.11M | -106M | -239M | 399M | -4.72B | -595M | -3.8B | -461M | -1.38B | 385M | -30M | 347M | -447M | -6M | -227M |
| Equity Issued (Net) | 0 | -328.22M | -3M | -13M | -430M | -13.49M | -475.27M | -132M | -544M | -870.42M | 0 | 0 | 1.97B | 0 | 0 | -143M | -191M | 0 | 0 | 0 |
| Dividends Paid | 0 | -8.45M | -1.77B | -2.14B | 0 | -40.06M | -1.33B | 0 | -2.09B | 0 | 0 | 0 | 0 | 0 | 0 | -416M | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -328.22M | -3M | -13M | -430M | -13.49M | -475.27M | -132M | -544M | -842.1M | 0 | 0 | 0 | 0 | 0 | -143M | -191M | 0 | 0 | 0 |
| Other Financing | -22.86M | -1.06M | -10M | 2M | -32M | -40.93M | -104.6M | -734M | -22M | 4.89B | -18M | -21M | -50M | -19M | 76M | -12M | -10M | -152M | -11M | 42M |
| Net Change in Cash | 2.08B | 3.4B | -3.25B | 2.21B | 781M | -736.39M | 55.83M | 1.5B | -1.05B | 1.59B | -1.54B | -2.52B | 5.27B | -131M | 537M | 531M | -992M | -270M | -847M | 455M |
| Free Cash Flow | 50.69M | 3.15B | 1.49B | 2.47B | 340M | 2.61B | 1.42B | 2.05B | 605M | 2.02B | 985M | 2.07B | 1.62B | 813M | 196M | 846M | -1.35B | 398M | -154M | 927M |
| FCF Margin % | 0.85% | 49.01% | 21.45% | 38.44% | 6.3% | 43.27% | 22.02% | 33.28% | 11.46% | 36.25% | 15.66% | 37.38% | 36.21% | 21.94% | 4.79% | 25.01% | -50.21% | 11.89% | -4.37% | 25.84% |
| FCF Growth % | -85.09% | 21.01% | 5.27% | 20.72% | -43.8% | 28.75% | 43.98% | -1.01% | -62.7% | 148.98% | 402.55% | 144.33% | 220.51% | 104.27% | 227.27% | -8.74% | 10.68% | 302.03% | -122.42% | 435.84% |
| FCF per Share | 0.15 | 9.68 | 4.59 | 7.64 | 1.05 | 8.34 | 4.35 | 6.19 | 1.91 | 6.29 | 2.94 | 6.16 | 4.85 | 2.61 | 0.63 | 2.72 | -4.32 | 1.28 | -0.49 | 2.83 |
| FCF Conversion (FCF/Net Income) | 0.29x | 2.90x | 1.16x | 1.72x | 0.65x | 57.30x | 1.27x | 2.11x | 1.34x | 3.12x | 0.88x | 2.20x | 1.86x | -8.73x | -0.63x | -2.83x | 1.46x | -1.89x | -1.40x | 3.28x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |