HLTNYSEHotels & MotelsFiscal year ends December 31
Hilton Worldwide Holdings Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 28, 2026
$346.04+0.92 (+0.27%)
Close on Oct 19, 2026
- Market cap
- $79.24B
- P/E (TTM)
- 50.7
- Dividend yield
- 0.17%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
22.4%+32.1 pts over 5 years
Net margin
12.1%+28.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.7% | +11.1% | +22.8% | +5.4% | |
| Operating income | +13.6% | +8.7% | – | +11.6% | |
| Net income | -5.1% | +5.1% | – | +0.4% | |
| EPS, diluted | -0.3% | +10.5% | – | +3.7% | |
| Free cash flow | +5.8% | +7.3% | +25.1% | +6.0% | |
| Dividend per share | 0.0% | +10.1% | +32.0% | +3.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 5.7% | 72.5% | -32.0% | |
| Return on assets | 1.3% | -4.5% | 8.8% | |
| Current ratio | 1.33 | 1.73 | 0.66 | |
| Debt to equity | 1.12 | -7.04 | -2.29 | |
| Net debt to EBITDA | 4.04× | -83.03× | 3.99× | |
| Interest coverage | 2.6× | -1.0× | 4.3× | |
| Capex to revenue | 4.8% | 1.1% | 0.8% | |
| Diluted shares | 329M | 277M | 238M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hilton Worldwide generated $7.88B from operations and spent $11.00B on capital expenditure, dividends and share buybacks. 4% of that went back into the business.
Generated
$7.88B
Used
$11.00B
Capital expenditure$422.00M4%Dividends$574.00M5%Share buybacks$10.00B91%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin12.1%
×Asset turnover0.72×
×Equity multiplier-3.65×
=Return on equity, FY2025-32.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 12.1% | 0.72× | -3.65× | -32.0% |
| FY2024 | 13.7% | 0.70× | -5.24× | -50.4% |
| FY2023 | 11.1% | 0.66× | -8.93× | -65.9% |
| FY2022 | 14.3% | 0.57× | -16.10× | -130.5% |
| FY2021 | 7.1% | 0.36× | -13.93× | -35.5% |
| FY2020 | -16.6% | 0.27× | -16.08× | 72.5% |
| FY2019 | 9.3% | 0.65× | 419.59× | 2553.6% |
| FY2018 | 8.6% | 0.63× | 12.61× | 68.2% |
| FY2017 | 13.3% | 0.40× | 5.33× | 28.6% |
| FY2016 | 5.1% | 0.25× | 4.36× | 5.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$1.46B
- Cash generatingOperating cash flow above zero$2.13B
- Return on assets improvedROA up on the prior year10.0% → 8.8%
- Earnings backed by cashOperating cash flow above net income$2.13B vs $1.46B
- Less leverageLong-term debt to assets fell64.3% → 73.6%
- Better liquidityCurrent ratio rose0.70 → 0.66
- No dilutionShare count did not rise250M → 238M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.73 → 0.73