Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$3.87	$4.08	+5.4%	—	$3.5B	—
Q1 26	$2.71	$3.53	+30.3%	—	$2.8B	—
Q4 25	$3.22	$3.55	+10.2%	—	$2.8B	—
Q2 25	$2.76	$1.01	-63.4%	—	$2.5B	—
Q1 25	$2.42	$2.46	+1.7%	—	$1.9B	—
Q4 24	$2.37	$2.38	+0.4%	—	$2.1B	—
Q3 24	$2.37	$0.93	-60.8%	—	$268M	—
Q2 24	$2.22	$0.79	-64.4%	—	$250.8M	—
Q1 24	$1.71	$1.86	+8.8%	—	$1.5B	—
Q4 23	$1.45	$1.6	+10.3%	—	$1.5B	—
Q3 23	$1.76	$0.63	-64.2%	—	$1.3B	—
Q2 23	$1.55	$1.8	+16.1%	—	$1.1B	—
Q4 22	$0.43	$0.63	+46.5%	—	$626.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$11.7	—	—	$9.8B	—
FY24	—	$9.24	—	—	$7.2B	—
FY23	—	$5.46	—	—	$4.7B	—
FY22	—	$0.78	—	—	$2.3B	—
FY21	—	$0.89

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.6B	$1.6B	$2.1B	$2.3B	$4.7B	$7.2B	$9.8B
YoY change	—	-0.03%	+37.1%	+5.37%	+106.2%	+55.3%	+35.1%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.6B	1.6B	2.1B	2.3B	4.7B	7.2B	9.8B
Cost of revenue	1.1B	1.2B	1.5B	1.5B	2.8B	4.2B	5.5B
Gross profit	469.6M	416.5M	606.6M	717.9M	1.9B	3.1B	4.3B
Gross margin	30%	26.6%	28.2%	31.7%	41%	42.2%	44.3%
Research & development	29.4M	33.6M	52.1M	66.2M	77.3M	134M	177.9M
Selling, general & administrative	214M	202.3M	321.3M	489.9M	921.1M	1.3B	2B
Operating expenses	378.3M	353.2M	410.6M	552.9M	987.7M	1.4B	2B
Operating income	91.4M	63.3M	196.1M	165M	924M	1.6B	2.3B
Operating margin	5.83%	4.04%	9.13%	7.29%	19.8%	22.4%	23.6%
Non-operating income, net	21M	12.9M	9M	7.6M	33.5M	51.4M	-11.7M
Pretax income	108.3M	75.4M	203.9M	180.6M	982.1M	1.7B	2.4B
Income tax	47.5M	37.6M	64.2M	84.5M	243M	446M	741.6M
Net income	60.8M	37.8M	139.7M	96.1M	739.1M	1.3B	1.6B
Net margin	3.88%	2.41%	6.5%	4.25%	15.8%	17.6%	16.6%
EBITDA	160.5M	150.8M	297M	267.2M	1B	1.7B	2.4B
EPS	0.12	-0.08	0.89	0.78	5.46	9.24	11.7
Diluted EPS	0.12	-0.08	0.89	0.78	5.34	9.18	11.6

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.3B	1.5B	1.5B	250.8M	268M	2.1B	1.9B	2.5B	2.6B	2.8B	2.8B	3.5B
Cost of revenue	728.7M	1.2B	868.3M	145.3M	155.7M	1.2B	1.1B	1.3B	1.5B	1.6B	1.6B	2B
Gross profit	565.4M	258.7M	600M	105.6M	112.3M	904.4M	832.2M	1.1B	1.1B	1.2B	1.2B	1.5B
Gross margin	43.7%	17.2%	40.9%	42.1%	41.9%	43.4%	43.7%	45.6%	43.6%	44.1%	41.5%	43.8%
Research & development	20.4M	22.3M	24.2M	4.6M	4.3M	46.6M	39.4M	42.6M	44.4M	51.5M	50.4M	56.8M
Selling, general & administrative	191.7M	312.3M	251.4M	44.1M	42.4M	457.6M	444.7M	482.4M	455.2M	624.1M	541M	735.9M
Operating expenses	224M	44.5M	275.4M	50.9M	42.8M	490.5M	477M	528.6M	494.7M	525.8M	504.7M	753.9M
Operating income	341.3M	214.2M	324.7M	54.6M	69.5M	413.9M	355.3M	596.2M	651.5M	703.8M	663M	773.2M
Operating margin	26.4%	14.2%	22.1%	21.8%	25.9%	19.9%	18.6%	24.2%	24.8%	25.2%	23.6%	22.2%
Non-operating income, net	7.4M	14.7M	9.1M	1.5M	2.8M	11.9M	3.7M	-1.1M	6.1M	-20.4M	11.8M	22.6M
Pretax income	356.5M	237M	346.6M	57.8M	74M	434.6M	377.7M	616.7M	675.7M	692.8M	682.2M	803M
Income tax	94.4M	17.2M	88.9M	15.3M	20.2M	104M	134.1M	191.9M	201.3M	214.4M	218.7M	255.1M
Net income	262.1M	219.8M	257.7M	42.4M	53.7M	330.7M	243.6M	424.9M	474.4M	478.4M	463.5M	547.9M
Net margin	20.3%	14.6%	17.6%	16.9%	20.1%	15.9%	12.8%	17.2%	18.1%	17.2%	16.5%	15.7%
EBITDA	348.3M	226.4M	337.7M	56.3M	72.1M	420.7M	368.5M	608.8M	663.2M	681.9M	672.1M	792.9M
EPS	1.89	1.59	1.86	2.19	2.79	2.4	1.74	3.06	3.42	3.48	3.39	4.05
Diluted EPS	1.89	1.59	1.86	2.19	2.76	2.37	1.74	3.03	3.39	3.45	3.33	3.99

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	—	—	16.6B	17.1B	—	5.5B	4.5B
Enterprise value	—	—	—	—	17.1B	15.5B	—	1.1B	-10.8M
Shares outstanding	—	947.7M	947.7M	947.7M	918.9M	985.1M	137.9M	138.5M	138.5M

Valuation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	172.3	23.1	—	3.37	15.5
P/S	—	—	—	—	7.32	3.67	—	0.56	0.39
P/B	—	—	—	—	13.9	8.3	—	1.52	8.82
EV/EBITDA	—	—	—	—	64	14.9	—	0.47	-0.03
EV/Sales	—	—	—	—	7.56	3.31	—	0.11	-0.01
Earnings yield	—	—	—	—	0.58%	4.32%	—	29.7%	6.44%
FCF yield	—	—	—	—	1.48%	11.4%	—	34.9%	6.69%
PEG	—	—	—	—	—	—	—	—	0.48

Profitability

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	—	30%	26.6%	28.2%	31.7%	41%	42.2%	44.3%	43.8%
Operating margin	—	5.83%	4.04%	9.13%	7.29%	19.8%	22.4%	23.6%	22.2%
Net margin	—	3.88%	2.41%	6.5%	4.25%	15.8%	17.6%	16.6%	16.8%
ROE	—	-20.3%	-12%	24.7%	8.09%	35.9%	43.2%	45.3%	59.1%
ROA	—	3.69%	1.9%	6.22%	2.02%	11.2%	16.2%	17.7%	20.9%
ROIC	—	-5.12%	-3.11%	-36.8%	5.05%	166.2%	-583.7%	-208%	-180.1%
Return on tangible assets	—	3.78%	1.95%	6.34%	2.04%	11.3%	16.3%	17.8%	22.7%

Financial health

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	—	1.42	1.3	1.35	1.58	1.78	2.02	1.97	1.93
Quick ratio	—	1.4	1.27	1.29	1.53	1.73	1.96	1.9	1.89
Debt / equity	—	-0.24	-0.38	0.19	1.94	0.95	0.59	0.43	0.39
Debt / assets	—	0.04	0.06	0.05	0.48	0.3	0.22	0.17	0.15
Net debt / EBITDA	—	-4.38	-4.66	-3.13	2.07	-1.58	-1.81	-1.83	-1.58
Interest coverage	—	26.2	51.9	26.7	28.8	197.2	553.7	557.1	467.8
Effective tax rate	—	43.8%	49.9%	31.5%	46.8%	24.7%	25.9%	31.4%	31.2%

Per share

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	—	1.65	1.65	2.27	2.46	4.74	52.6	70.7	85.2
EPS (basic)	—	0.12	-0.08	0.89	0.78	5.46	9.24	11.7	11.7
EPS (diluted)	—	0.12	-0.08	0.89	0.78	5.34	9.18	11.6	2.11
Book value per share	—	-0.32	-0.33	0.6	1.29	2.09	21.4	25.8	3.72
FCF per share	—	0.09	0	0.37	0.27	1.98	12.1	13.8	16.8
Cash per share	—	0.82	0.87	1.1	1.9	3.65	35.4	42.3	42.2
Capex per share	—	0.14	0.12	0.07	0.04	0.04	0.39	—	—

Capital allocation

Metric	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	8.73%	7.2%	2.98%	1.61%	0.88%	0.74%	—	—
Capex / operating cash flow	—	127.9%	295.5%	15.5%	10.7%	2.79%	3.78%	—	—
Payout ratio	—	0%	0%	14.8%	0%	20.4%	34.3%	47.6%	43.7%
Dividend yield	—	—	—	—	0%	0.88%	—	14.1%	3.29%

Yield

3.29%

trailing twelve months

Frequency

Semi-annual

Last dividend

$0.54

ex-dividend Jun 5, 2026

Payout ratio

44%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 5, 2026	$0.54
Dec 5, 2025	$0.36
Jun 2, 2025	$0.42
Sep 17, 2024	$0.45
Sep 5, 2023	$0.15

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	292.5M	775.6M	824.5M	1B	1.7B	3.6B	4.9B	5.9B
Receivables	771.5M	80.3M	140.1M	100M	132.7M	162.1M	186M	341.4M
Inventory	—	14.6M	30.3M	58.6M	57.5M	119.1M	167.4M	278.8M
Total current assets	—	963M	1.2B	1.4B	2.1B	4.2B	5.7B	7.4B
Property, plant & equipment	22.9M	424.5M	470.7M	439.5M	2.3B	2B	1.7B	1.3B
Goodwill & intangibles	2.8M	41M	41.5M	42.5M	46M	43.4M	47.6M	44.3M
Total assets	—	1.6B	2B	2.2B	4.8B	6.6B	7.9B	9.2B
Accounts payable	13.2B	80.9M	85.8M	161.3M	184.9M	594.5M	693.8M	822M
Short-term debt	1.2B	44.3M	90.3M	65.8M	491.6M	365.7M	351M	480.2M
Total current liabilities	14.4B	676.7M	898.5M	1.1B	1.3B	2.4B	2.8B	3.7B
Long-term debt	400M	28.3M	31.2M	43.6M	1.8B	1.6B	1.4B	1B
Total liabilities	14.8B	1.9B	2.3B	1.7B	3.6B	4.5B	4.9B	5.6B
Shareholders' equity	-150.2M	-299.8M	-315.6M	564.6M	1.2B	2.1B	2.9B	3.6B
Total debt	1.6B	72.6M	121.4M	109.4M	2.3B	2B	1.7B	1.5B
Net debt	1.3B	-690.6M	-703.1M	-929.1M	709.8M	-889.9M	-1.9B	-1.8B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	3B	3.6B	3.8B	604.6M	608.6M	4.9B	4.9B	5.2B	5.7B	5.9B	5.8B	5.7B
Receivables	143.4M	162.1M	164.6M	23.1M	22.2M	186M	189.9M	261.9M	266.9M	341.4M	356.2M	421.4M
Inventory	113.7M	119.1M	105.7M	22.5M	19.7M	167.4M	157.7M	151.6M	158.7M	278.8M	210.5M	173.9M
Total current assets	3.6B	4.2B	4.4B	704.2M	715.8M	5.7B	5.7B	6.2B	6.8B	7.4B	7B	7.1B
Property, plant & equipment	2B	2B	2.2B	254.2M	240.4M	1.7B	1.7B	1.7B	1.6B	1.3B	1.2B	1.1B
Goodwill & intangibles	44.2M	43.4M	43.4M	6M	6.3M	47.6M	46.7M	46.1M	45.2M	44.3M	43.3M	42.4M
Total assets	6B	6.6B	6.8B	1B	1B	7.9B	7.9B	8.4B	9B	9.2B	8.6B	8.7B
Accounts payable	410.3M	594.5M	443.5M	93.5M	79.6M	693.8M	509.3M	786.4M	772.5M	822M	594.6M	1B
Short-term debt	372M	365.7M	406.1M	55.9M	54.5M	351M	382.5M	355.9M	348M	480.2M	499.4M	495.8M
Total current liabilities	2B	2.4B	2.3B	354.2M	362.6M	2.8B	2.5B	2.9B	3.2B	3.7B	3.2B	3.7B
Long-term debt	1.6B	1.6B	1.5B	198.9M	190.3M	1.4B	1.4B	1.3B	1.3B	1B	870.3M	799M
Total liabilities	4.2B	4.5B	4.4B	645.3M	652M	4.9B	4.6B	5.1B	5.3B	5.6B	5B	5.3B
Shareholders' equity	1.8B	2.1B	2.3B	371.5M	365.7M	2.9B	3.3B	3.3B	3.7B	3.6B	3.7B	3.4B
Total debt	2B	2B	1.9B	254.8M	244.8M	1.7B	1.8B	1.7B	1.6B	1.5B	1.4B	1.3B
Net debt	-210.2M	-889.9M	-1.1B	-209M	-142.1M	-1.9B	-1.4B	-1B	-1B	-1.8B	-2.3B	-2.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	60.8M	37.8M	139.7M	96.1M	739.1M	1.3B	1.6B
Depreciation & amortization	70.1M	85M	93.9M	88.6M	85M	65.2M	54.1M
Stock-based compensation	—	0	0	163.2M	164M	32.8M	131.5M
Change in working capital	-25.6M	-50.3M	187.9M	-285.2M	301.6M	-79.2M	-176.8M
Operating cash flow	107M	38.2M	412.1M	341.1M	1.5B	1.4B	2B
Capital expenditure	-136.8M	-112.8M	-64M	-36.4M	-41.1M	-53.3M	—
Investing cash flow	266M	-104.3M	-40.2M	-189.4M	-600.5M	-518.6M	-1.3B
Dividends paid	0	0	-20.6M	0	-150.6M	-436M	-772M
Share repurchases	0	0	-111.3M	0	0	—	-329.9M
Financing cash flow	-10.1M	48M	-161.1M	456.3M	-252.5M	-446M	-943.8M
Net change in cash	362.8M	-18.1M	210.8M	608M	618.8M	444.7M	-202M
Free cash flow	86.2M	4.7M	351.9M	244.4M	1.9B	1.7B	1.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	—	—	—	—	—	—	—	766.5M	630.8M	593.5M	292.3M	835.2M
Capital expenditure	-3.8M	-9.8M	-12.6M	-2.8M	-3.3M	2.6M	-14.6M	—	—	—	—	—
Investing cash flow	-778.8M	43.2M	37.2M	-42.7M	-80.6M	321M	-477.6M	-741.6M	-564.7M	517.6M	500.9M	288.2M
Dividends paid	-150.6M	0	—	—	-61.6M	0	—	-418.2M	0	-353.8M	—	-492M
Share repurchases	—	—	—	—	—	—	—	—	-85.3M	-244.6M	-392.8M	-360.2M
Financing cash flow	-151.4M	0	20M	0	-61.6M	-30M	10M	-423.2M	-85.3M	-413.4M	-402.8M	-862.6M
Net change in cash	-930.2M	43.2M	57.2M	-42.7M	-142.1M	291M	-467.6M	-398.3M	-19.2M	697.7M	390.4M	260.8M
Free cash flow	538.6M	554.2M	130.3M	77.7M	57.7M	572.3M	-17.4M	737.4M	605M	581.8M	286.8M	828.7M

Atour Lifestyle Holdings Limited Sponsored ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement