Hilton Worldwide Holdings Inc.
Consumer CyclicalNYSE:HLT · New York Stock Exchange
+$3.72 today
Vol 0.71M · Avg 1.63M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$12.3B of revenue converted into $1.5B of net income for the selected period. Gross margin is 44.3% and net margin is 12.6%, showing how much revenue survives after costs and taxes. EPS is $6.55, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.0B +7.7% | $11.2B +9.2% | $10.2B +16.7% | $8.8B +51.6% | $5.8B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $7.1B -12.6% | $8.1B +11.0% | $7.3B +20.2% | $6.1B +47.0% | $4.1B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $5.0B +61.7% | $3.1B +4.5% | $2.9B +8.6% | $2.7B +63.0% | $1.7B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 41.1% +13.7pp | 27.4% -1.2pp | 28.6% -2.1pp | 30.8% +2.2pp | 28.6% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $393.0M -5.3% | $415.0M +1.7% | $408.0M +6.8% | $382.0M -5.7% | $405.0M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $2.3B +226.3% | $693.0M -1.7% | $705.0M +16.7% | $604.0M -6.4% | $645.0M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $177.0M +21.2% | $146.0M -0.7% | $147.0M -9.3% | $162.0M -13.8% | $188.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $2.9B +14.9% | $2.5B +8.5% | $2.3B -0.3% | $2.3B +101.8% | $1.1B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 23.8% +1.5pp | 22.4% -0.1pp | 22.5% -3.8pp | 26.3% +6.6pp | 19.8% | 5.6% | 46.3% | 42.0% |
| Operating Income | $2.7B +13.6% | $2.4B +6.5% | $2.2B +6.3% | $2.1B +107.3% | $1.0B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 22.4% +1.2pp | 21.2% -0.5pp | 21.7% -2.1pp | 23.9% +6.4pp | 17.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $620.0M +9.0% | $569.0M +22.6% | $464.0M +11.8% | $415.0M +4.5% | $397.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$621.0M -5.8% | -$587.0M -10.1% | -$533.0M -48.1% | -$360.0M +20.0% | -$450.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $2.1B +16.2% | $1.8B +5.4% | $1.7B -2.4% | $1.7B +209.6% | $560.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 17.2% +1.3pp | 16.0% -0.6pp | 16.5% -3.2pp | 19.8% +10.1pp | 9.7% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $615.0M +152.0% | $244.0M -54.9% | $541.0M +13.4% | $477.0M +211.8% | $153.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $1.5B -5.1% | $1.5B +34.5% | $1.1B -9.1% | $1.3B +206.1% | $410.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 12.1% -1.6pp | 13.7% +2.6pp | 11.1% -3.2pp | 14.3% +7.2pp | 7.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $6 -0.3% | $6 +42.5% | $4 -4.6% | $5 +210.2% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $6 -0.3% | $6 +42.1% | $4 -4.6% | $5 +210.3% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $236.0M -4.6% | $247.5M -5.5% | $262.0M -4.7% | $275.0M -1.4% | $279.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $238.0M -3.8% | $247.5M -6.3% | $264.0M -4.7% | $277.0M -1.4% | $281.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Marriott International, Inc.
NASDAQ:MAR
$105.52B
Royal Caribbean Cruises Ltd.
NYSE:RCL
$78.63B
Airbnb, Inc.
NASDAQ:ABNB
$77.98B
Ross Stores, Inc.
NASDAQ:ROST
$77.45B
General Motors Company
NYSE:GM
$73.39B
Ferrari N.V.
NYSE:RACE
$62.73B
Ford Motor Company
NYSE:F
$58.24B
AutoZone, Inc.
NYSE:AZO
$50.61B
Coupang, Inc.
NYSE:CPNG
$30.45B
Trip.com Group Limited
NASDAQ:TCOM
$29.52B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does HLT generate?
Hilton Worldwide Holdings Inc. (HLT) reported $12.04B of revenue in fiscal 2025.
Is HLT profitable?
Hilton Worldwide Holdings Inc. (HLT) reported $1.46B of net income, with a net margin of 12.1%.
Explore More
Continue the stock analysis
Jump to another research area for this company.