Choice Hotels reports 2024 net income up 16% to $299.7 million, beats guidance top end
Choice Hotels reported fourth-quarter and full-year 2024 results on February 20, 2025. Full-year net income rose 16% to $299.7 million and diluted EPS was $6.20, both above the top end of the company's 2024 guidance. The company also gave 2025 guidance of $288 million to $300 million in net income and $6.04 to $6.29 in diluted EPS, with midpoints slightly below 2024 results.
Key points
- Full-year 2024 net income rose 16% to $299.7 million; diluted EPS was $6.20, up 22%, both above the top end of guidance.
- Full-year 2024 adjusted EBITDA rose 12% to a company record $604.1 million; adjusted diluted EPS was $6.88, up 13%.
- 2025 outlook: net income $288 million to $300 million; adjusted EBITDA $625 million to $640 million; diluted EPS $6.04 to $6.29.
- In 2024 the company repurchased 3.1 million shares for $382.1 million and had 3.8 million shares remaining under its current authorization as of December 31, 2024.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.