GreenTree Hospitality Group Ltd. (GHG) Revenue History
Annual and quarterly revenue from 2015 to 2025
Compound Annual Growth Rate (CAGR)
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GHG Revenue Growth
Revenue Breakdown (FY 2023)
GHG's revenue distribution by segment and geography for fiscal year 2023
By Product/Segment
GHG Revenue Analysis (2015–2025)
As of May 8, 2026, GreenTree Hospitality Group Ltd. (GHG) generated trailing twelve-month (TTM) revenue of $920.9 million, reflecting significant decline in growth of -89.4% year-over-year. The most recent quarter (Q4 2025) recorded $32.2 million in revenue, down 89.4% sequentially.
Looking at the longer-term picture, GHG's 5-year compound annual growth rate (CAGR) stands at -30.3%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $1.97 billion in 2021.
Revenue diversification analysis shows GHG's business is primarily driven by Initial Franchise Fee (43%), Membership Fees (32%), and Greentree Reward Membership Program (15%).
When compared to Consumer Cyclical sector peers including H (+93.6% YoY), HLT (+8.7% YoY), and MAR (+4.7% YoY), GHG has underperformed the peer group in terms of revenue growth. Compare GHG vs H →
GHG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GHGCurrent | $921M | -89.4% | -30.3% | 10.5% | |
 H | $7.2B | +93.6% | +55.8% | 7.8% | |
 HLT | $12.0B | +8.7% | +22.8% | 22.4% | |
 MAR | $26.2B | +4.7% | +19.9% | 15.8% | |
 WH | $1.4B | +1.6% | +1.9% | 28.4% | |
 CHH | $1.6B | +1.2% | +15.6% | 28.4% |
GHG Historical Revenue Data (2015–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $152.7M | -88.6% | $53.3M | 34.9% | $16.0M | 10.5% |
| 2024 | $1.34B | -17.4% | $520.9M | 38.8% | $161.9M | 12.1% |
| 2023 | $1.63B | +72.2% | $679.8M | 41.8% | $335.6M | 20.6% |
| 2022 | $945.1M | -52.0% | $351.1M | 37.2% | $-486,529,830 | -51.5% |
| 2021 | $1.97B | +111.6% | $554.8M | 28.2% | $129.2M | 6.6% |
| 2020 | $930.0M | -14.8% | $537.5M | 57.8% | $319.3M | 34.3% |
| 2019 | $1.09B | +15.5% | $753.0M | 69.0% | $504.6M | 46.2% |
| 2018 | $945.0M | +21.4% | $664.1M | 70.3% | $535.0M | 56.6% |
| 2017 | $778.1M | +20.1% | $544.5M | 70.0% | $387.5M | 49.8% |
| 2016 | $647.8M | +2.1% | $407.7M | 62.9% | $312.3M | 48.2% |
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Start ComparisonGHG — Frequently Asked Questions
Quick answers to the most common questions about buying GHG stock.
Is GHG's revenue growth accelerating or slowing?
GHG revenue declined -89.4% year-over-year, contrasting with the 5-year CAGR of -30.3%. TTM revenue fell to $921M. This reverses the prior growth trend.
What is GHG's long-term revenue growth rate?
GreenTree Hospitality Group Ltd.'s 5-year revenue CAGR of -30.3% reflects the variable expansion pattern. Current YoY growth of -89.4% is below this long-term average.
How is GHG's revenue distributed by segment?
GHG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2025 are available for download. Segment mix reveals concentration and diversification trends.