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Hilton Worldwide HLT

US equityMarket cap rank #238Lodging
$312.80
+$5.58 (+1.81%)
Market open · Sep 24, 2:00 pm ET
After hours $307.22 0.00%
Open$307.89
Prev close$307.22
Day range$306.90 – $312.84
Volume830.5K
Market cap$70.40B
P/E (TTM)45.9
Dividend yield0.19%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$3.34B+6.5% YoY
Operating profit$858.00M+10.3% YoY
Net profit$482.00M+9.0% YoY
Diluted EPS$2.10+14.1% YoY
Free cash flow$435.00M-29.3% YoY
Operating cash flow$472.00M

Revenue, last 8 quarters

$2.9BSep '24$2.8BDec '24$2.7BMar '25$3.1BJun '25$3.1BSep '25$3.1BDec '25$2.9BMar '26$3.3BJun '26

Net profit, last 8 quarters

$344.0MSep '24$505.0MDec '24$300.0MMar '25$442.0MJun '25$421.0MSep '25$298.0MDec '25$383.0MMar '26$482.0MJun '26

Diluted EPS by quarter

1.38Sep '242.06Dec '241.23Mar '251.84Jun '251.78Sep '251.27Dec '251.66Mar '262.10Jun '26

Free cash flow by quarter

$617.0MSep '24$503.0MDec '24$412.0MMar '25$615.0MJun '25$766.0MSep '25$151.0MDec '25$587.0MMar '26$435.0MJun '26

Annual revenue

$4.3BFY20$5.8BFY21$8.8BFY22$10.2BFY23$11.2BFY24$12.0BFY25

Profitability & balance sheet

Gross margin29.3%
Operating margin23.3%
Net margin12.7%
Return on assets9.6%
Current ratio0.65
Liabilities / assets137.0%
Cash & investments$1.01B
Total debt$14.02B
Net cash (debt)-$13.01B
Free cash flow / sales15.5%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Cost reimbursement revenues$1.98B 58.7%
  • Management and franchise$1.01B 29.9%
  • Ownership$311.00M 9.2%
  • Other revenues$72.00M 2.1%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $3.34B $2.94B $12.04B $3.09B $3.12B
Total Operating Revenue $3.34B $2.94B $12.04B $3.09B $3.12B
Cost of Revenue $2.27B $2.08B $8.64B $2.29B $2.18B
Gross Profit $1.07B $853.00M $3.40B $801.00M $941.00M
Operating Expense $209.00M $175.00M $702.00M $199.00M $164.00M
Selling and Admin Expenses $114.00M $103.00M $393.00M $95.00M $95.00M
-General & Admin Expense $114.00M $103.00M $393.00M $95.00M $95.00M
Depreciation & Amortization & Depletion $49.00M $50.00M $177.00M $47.00M $46.00M
-Depreciation & Amortization $49.00M $50.00M $177.00M $47.00M $46.00M
Other Operating Expenses $46.00M $22.00M $132.00M $57.00M $23.00M
Operating Profit $858.00M $678.00M $2.69B $602.00M $777.00M
Net Non-Operating Interest Income (Expense) -$183.00M -$162.00M -$620.00M -$165.00M -$159.00M
Non-Operating Interest Expense $183.00M $162.00M $620.00M $165.00M $159.00M
Other Income (Expense) $5.00M $2.00M -$1.00M -$8.00M -$14.00M
Gain on Sale of Security -$7.00M -$5.00M -$11.00M -$3.00M -$9.00M
Other Non-Operating Income (Expenses) $12.00M $7.00M $10.00M -$5.00M -$5.00M
Pretax Profit $680.00M $518.00M $2.07B $429.00M $604.00M
Tax $198.00M $135.00M $611.00M $131.00M $183.00M
Net Profit $482.00M $383.00M $1.46B $298.00M $421.00M
Profit from Continuing Operations $482.00M $383.00M $1.46B $298.00M $421.00M
Minority Interests $0.00 -$2.00M $4.00M $1.00M $1.00M
Net Income to Parent Company $482.00M $385.00M $1.46B $297.00M $420.00M
Net Income to Common Stockholders $482.00M $385.00M $1.46B $297.00M $420.00M
Basic EPS $2.12 $1.68 $6.18 $1.28 $1.79
Diluted EPS $2.10 $1.66 $6.12 $1.27 $1.78
Dividend Per Share $0.15 $0.15 $0.60 $0.15 $0.15
Earnings from Equity Interest – – $0.00 – –
Special Income (Charges) – – $0.00 $0.00 $0.00
-Less:Impairment of Capital Assets – – $0.00 – –
-Gain on Sale of Property/Plant/Equipment – – $0.00 $0.00 $0.00

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $16.93B $16.39B $16.77B $16.77B $16.64B
Total Current Assets $3.30B $2.77B $3.00B $3.00B $3.12B
Cash and Cash Equivalents & Short-Term Investments $1.01B $564.00M $918.00M $918.00M $1.06B
-Cash and Cash Equivalents $1.01B $564.00M $918.00M $918.00M $1.06B
Receivables $1.79B $1.68B $1.69B $1.69B $1.65B
-Accounts Receivable $1.79B $1.68B $1.69B $1.69B $1.65B
Prepaid Assets $210.00M $266.00M $219.00M $219.00M $225.00M
Restricted Cash $55.00M $55.00M $52.00M $52.00M $69.00M
Other Current Assets $231.00M $203.00M $117.00M $117.00M $116.00M
Total Non-Current Assets $13.63B $13.61B $13.78B $13.78B $13.52B
Net PPE $1.21B $1.22B $1.26B $1.26B $1.01B
-Gross PPE $1.21B $1.22B $1.75B $1.75B $1.01B
Goodwill and Other Intangible Assets $11.78B $11.76B $11.78B $11.78B $11.69B
-Goodwill $5.07B $5.07B $5.08B $5.08B $5.08B
-Other Intangible Assets $6.72B $6.69B $6.70B $6.70B $6.61B
Non-Current Deferred Assets $216.00M $233.00M $252.00M $252.00M $318.00M
Other Non-Current Assets $422.00M $399.00M $484.00M $484.00M $508.00M
Total Liabilities $23.20B $22.25B $22.12B $22.12B $21.53B
Total Current Liabilities $5.08B $4.56B $4.51B $4.51B $4.70B
Short-Term Debt and Capital Lease Obligation $624.00M $25.00M $25.00M $25.00M $35.00M
-Current Debt $624.00M $25.00M $25.00M $25.00M $35.00M
Current Deferred Liabilities $818.00M $845.00M $858.00M $858.00M $637.00M
Other Current Liabilities $1.33B $1.31B $2.58B $2.58B $1.43B
Total Non-Current Liabilities $18.12B $17.70B $17.61B $17.61B $16.83B
Long Term Debt and Capital Lease Obligation $13.40B $13.03B $13.07B $13.07B $12.32B
-Long Term Debt $12.72B $12.33B $12.34B $12.34B $11.60B
-Long Term Capital Lease Obligation $680.00M $699.00M $730.00M $730.00M $713.00M
Non-Current Deferred Liabilities $1.97B $1.98B $1.97B $1.97B $1.75B
Other Non-Current Liabilities $2.75B $2.69B $2.57B $2.57B $2.77B
Total Equity -$6.27B -$5.87B -$5.35B -$5.35B -$4.89B
Stockholders' Equity -$6.30B -$5.91B -$5.39B -$5.39B -$4.93B
Capital Stock $3.00M $3.00M $3.00M $3.00M $3.00M
-Common Stock $3.00M $3.00M $3.00M $3.00M $3.00M
Additional Paid-In Capital $11.34B $11.25B $11.27B $11.27B $11.22B
Retained Earnings -$710.00M -$1.16B -$1.51B -$1.51B -$1.77B
Less: Treasury Stock $16.19B $15.26B $14.43B $14.43B $13.67B
Gains/Losses Not Affecting Retained Earnings -$747.00M -$745.00M -$729.00M -$729.00M -$713.00M
Minority Interests $33.00M $38.00M $42.00M $42.00M $41.00M
-Accumulated Depreciation – – -$486.00M -$486.00M –
Payables – – $376.00M $376.00M –
-Accounts Payable – – $376.00M $376.00M –

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $472.00M $618.00M $2.13B $203.00M $816.00M
Net cash flow from continuing operations $472.00M $618.00M $2.13B $203.00M $816.00M
Net Income from Continuing Operations $482.00M $383.00M $1.46B $298.00M $421.00M
Gain/Loss from Continuing Operations $7.00M $5.00M $11.00M $3.00M $9.00M
Depreciation & Depletion & Amortization $49.00M $50.00M $177.00M $47.00M $46.00M
Deferred Tax -$3.00M -$25.00M $64.00M $34.00M $48.00M
Other Non-Cash Items -$34.00M -$11.00M -$279.00M -$218.00M -$16.00M
Change in Working Capital -$90.00M $171.00M $525.00M $4.00M $264.00M
-Change in Other Current Liabilities $56.00M $108.00M -$117.00M -$335.00M $32.00M
-Change In Other Working Capital -$146.00M $63.00M $542.00M $239.00M $232.00M
Net cash flow from investing -$41.00M -$39.00M -$190.00M -$60.00M -$44.00M
Net Cash Flow from Continuing Investing Activities -$41.00M -$39.00M -$190.00M -$60.00M -$44.00M
Capital Expenditure -$37.00M -$31.00M -$185.00M -$52.00M -$50.00M
Net Investment Purchase and Sale $1.00M $3.00M $5.00M -$2.00M $7.00M
Net Other Investing Changes -$5.00M -$11.00M -$3.00M – –
Financing Cash Flow $12.00M -$923.00M -$2.35B -$296.00M -$92.00M
Net Cash Flow from Continuing Financing Activities $12.00M -$923.00M -$2.35B -$296.00M -$92.00M
Net Issuance Payments Of Debt $993.00M -$8.00M $959.00M $491.00M $699.00M
Net Common Stock Issuance -$966.00M -$821.00M -$3.18B -$779.00M -$759.00M
Cash Dividends Paid -$34.00M -$35.00M -$143.00M -$35.00M -$35.00M
Proceeds from Stock Option Exercised $40.00M $11.00M $76.00M $29.00M $7.00M
Net Other Financing Charges -$21.00M -$70.00M -$58.00M -$2.00M -$4.00M
Ending Cash Balance $1.06B $619.00M $970.00M $970.00M $1.13B
Net Change in Cash $443.00M -$344.00M -$409.00M -$153.00M $680.00M
Beginning Cash Balance $619.00M $970.00M $1.38B $1.13B $448.00M
Effect of Exchange Rate Changes $2.00M -$7.00M $3.00M -$3.00M -$2.00M
Free Cash Flow $435.00M $587.00M $1.94B $151.00M $766.00M
-Change in Receivables – – -$99.00M – –
-Change in Prepaid Assets – – -$23.00M – –
-Change in Payables and Accrued Expense – – $212.00M – –
-Change in Other Current Assets – – $10.00M – –
Net Business Purchase and Sale – – -$7.00M -$3.00M -$1.00M
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