Hilton Worldwide Holdings Inc. (HLT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.94B | 3.09B | 3.12B | 3.14B | 2.69B | 2.78B | 2.87B | 2.95B | 2.57B | 2.61B | 2.67B | 2.66B | 2.29B | 2.44B | 2.37B | 2.24B | 1.72B | 1.84B | 1.75B | 1.33B |
| Revenue Growth % | 8.98% | 10.92% | 8.82% | 6.3% | 4.74% | 6.67% | 7.26% | 10.94% | 12.21% | 6.75% | 12.88% | 18.75% | 33.24% | 33.12% | 35.39% | 68.55% | 96.91% | 106.29% | 87.46% | 135.64% |
| Cost of Goods Sold | 1.75B | 727M | 2.18B | 2.18B | 2B | 2.11B | 2.08B | 2.04B | 1.88B | 2B | 1.86B | 1.8B | 1.65B | 1.78B | 1.6B | 1.49B | 1.21B | 1.34B | 1.14B | 952M |
| COGS % of Revenue | 59.75% | 23.55% | 69.84% | 69.53% | 74.14% | 75.96% | 72.48% | 69.2% | 72.95% | 76.5% | 69.51% | 67.86% | 71.78% | 72.87% | 67.57% | 66.43% | 70.08% | 73.09% | 65.41% | 71.63% |
| Gross Profit | 1.18B | 2.36B | 941M | 956M | 697M | 669M | 789M | 909M | 696M | 613M | 815M | 855M | 647M | 663M | 768M | 752M | 515M | 494M | 605M | 377M |
| Gross Margin % | 40.25% | 76.45% | 30.16% | 30.48% | 25.86% | 24.04% | 27.52% | 30.8% | 27.05% | 23.5% | 30.49% | 32.14% | 28.22% | 27.13% | 32.43% | 33.57% | 29.92% | 26.91% | 34.59% | 28.37% |
| Gross Profit Growth % | 69.58% | 252.77% | 19.26% | 5.17% | 0.14% | 9.14% | -3.19% | 6.32% | 7.57% | -7.54% | 6.12% | 13.7% | 25.63% | 34.21% | 26.94% | 99.47% | 187.71% | 292.06% | 207.11% | 543.53% |
| Operating Expenses | 504M | 1.76B | 164M | 178M | 161M | 180M | 166M | 184M | 163M | 213M | 162M | 181M | 149M | 159M | 145M | 154M | 146M | 161M | 173M | 153M |
| OpEx % of Revenue | 17.16% | 56.95% | 5.26% | 5.67% | 5.97% | 6.47% | 5.79% | 6.24% | 6.33% | 8.16% | 6.06% | 6.8% | 6.5% | 6.51% | 6.12% | 6.88% | 8.48% | 8.77% | 9.89% | 11.51% |
| Selling, General & Admin | 103M | 95M | 95M | 109M | 94M | 97M | 101M | 113M | 104M | 110M | 96M | 111M | 91M | 95M | 93M | 103M | 91M | 103M | 107M | 98M |
| SG&A % of Revenue | 3.51% | 3.08% | 3.04% | 3.47% | 3.49% | 3.49% | 3.52% | 3.83% | 4.04% | 4.22% | 3.59% | 4.17% | 3.97% | 3.89% | 3.93% | 4.6% | 5.29% | 5.61% | 6.12% | 7.37% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 678M | 602M | 777M | 778M | 536M | 489M | 623M | 725M | 533M | 400M | 653M | 674M | 498M | 504M | 623M | 598M | 369M | 333M | 432M | 224M |
| Operating Margin % | 23.08% | 19.5% | 24.9% | 24.8% | 19.89% | 17.57% | 21.73% | 24.57% | 20.72% | 15.33% | 24.43% | 25.34% | 21.72% | 20.62% | 26.31% | 26.7% | 21.44% | 18.14% | 24.7% | 16.85% |
| Operating Income Growth % | 26.49% | 23.11% | 24.72% | 7.31% | 0.56% | 22.25% | -4.59% | 7.57% | 7.03% | -20.63% | 4.82% | 12.71% | 34.96% | 51.35% | 44.21% | 166.96% | 1657.14% | 270.77% | 3827.27% | 174.17% |
| EBITDA | 728M | 649M | 823M | 821M | 577M | 528M | 660M | 759M | 569M | 433M | 693M | 711M | 535M | 543M | 662M | 638M | 413M | 378M | 478M | 270M |
| EBITDA Margin % | 24.79% | 21.02% | 26.38% | 26.17% | 21.41% | 18.97% | 23.02% | 25.72% | 22.11% | 16.6% | 25.93% | 26.73% | 23.33% | 22.22% | 27.96% | 28.48% | 24% | 20.59% | 27.33% | 20.32% |
| EBITDA Growth % | 26.17% | 22.92% | 24.7% | 8.17% | 1.41% | 21.94% | -4.76% | 6.75% | 6.36% | -20.26% | 4.68% | 11.44% | 29.54% | 43.65% | 38.49% | 136.3% | 473.61% | 384.21% | 373.27% | 226.17% |
| D&A (Non-Cash Add-back) | 50M | 47M | 46M | 43M | 41M | 39M | 37M | 34M | 36M | 33M | 40M | 37M | 37M | 39M | 39M | 40M | 44M | 45M | 46M | 46M |
| EBIT | 678M | 595M | 763M | 780M | 555M | 493M | 631M | 732M | 496M | 398M | 661M | 679M | 418M | 523M | 633M | 612M | 381M | 332M | 438M | 228M |
| Net Interest Income | -162M | -165M | -159M | -151M | -145M | -157M | -140M | -141M | -131M | -124M | -113M | -111M | -116M | -120M | -106M | -99M | -90M | -95M | -98M | -101M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 162M | 165M | 159M | 151M | 145M | 157M | 140M | 141M | 131M | 124M | 113M | 111M | 116M | 120M | 106M | 99M | 90M | 95M | 98M | 101M |
| Other Income/Expense | -160M | -173M | -173M | -149M | -126M | -153M | -132M | -134M | -168M | -126M | -105M | -106M | -196M | -101M | -96M | -85M | -78M | -96M | -92M | -97M |
| Pretax Income | 518M | 429M | 604M | 629M | 410M | 336M | 491M | 591M | 365M | 274M | 548M | 568M | 302M | 403M | 527M | 513M | 291M | 237M | 340M | 127M |
| Pretax Margin % | 17.64% | 13.9% | 19.36% | 20.05% | 15.21% | 12.07% | 17.13% | 20.03% | 14.19% | 10.5% | 20.5% | 21.35% | 13.17% | 16.49% | 22.26% | 22.9% | 16.91% | 12.91% | 19.44% | 9.56% |
| Income Tax | 135M | 135M | 183M | 187M | 110M | -169M | 147M | 169M | 97M | 124M | 169M | 155M | 93M | 70M | 181M | 146M | 80M | 89M | 100M | -1M |
| Effective Tax Rate % | 26.06% | 31.47% | 30.3% | 29.73% | 26.83% | -50.3% | 29.94% | 28.6% | 26.58% | 45.26% | 30.84% | 27.29% | 30.79% | 17.37% | 34.35% | 28.46% | 27.49% | 37.55% | 29.41% | -0.79% |
| Net Income | 385M | 297M | 420M | 440M | 300M | 505M | 344M | 421M | 265M | 147M | 377M | 411M | 206M | 328M | 347M | 368M | 212M | 147M | 241M | 130M |
| Net Margin % | 13.11% | 9.62% | 13.46% | 14.03% | 11.13% | 18.15% | 12% | 14.27% | 10.3% | 5.63% | 14.1% | 15.45% | 8.98% | 13.42% | 14.65% | 16.43% | 12.32% | 8.01% | 13.78% | 9.78% |
| Net Income Growth % | 28.33% | -41.19% | 22.09% | 4.51% | 13.21% | 243.54% | -8.75% | 2.43% | 28.64% | -55.18% | 8.65% | 11.68% | -2.83% | 123.13% | 43.98% | 183.08% | 296.3% | 165.63% | 405.06% | 130.23% |
| Net Income (Continuing) | 383M | 294M | 421M | 442M | 300M | 505M | 344M | 422M | 268M | 150M | 379M | 413M | 209M | 333M | 346M | 367M | 211M | 148M | 240M | 128M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 38M | 42M | 27M | 41M | 39M | 38M | 40M | 38M | 16M | 13M | 10M | 8M | 7M | 4M | -1M | 0 | 1M | 2M | 0 | 1M |
| EPS (Diluted) | 1.66 | 1.28 | 1.77 | 1.84 | 1.23 | 2.05 | 1.38 | 1.67 | 1.04 | 0.57 | 1.44 | 1.55 | 0.77 | 1.21 | 1.26 | 1.31 | 0.75 | 0.52 | 0.86 | 0.46 |
| EPS Growth % | 34.96% | -37.56% | 28.26% | 10.18% | 18.27% | 259.65% | -4.17% | 7.74% | 35.06% | -52.89% | 14.29% | 18.32% | 2.67% | 132.69% | 46.51% | 184.78% | 292.31% | 165% | 407.14% | 129.68% |
| EPS (Basic) | 1.68 | 1.29 | 1.79 | 1.85 | 1.25 | 2.08 | 1.40 | 1.69 | 1.05 | 0.57 | 1.45 | 1.56 | 0.77 | 1.22 | 1.27 | 1.32 | 0.76 | 0.53 | 0.86 | 0.47 |
| Diluted Shares Outstanding | 232M | 238M | 240M | 239M | 243M | 246M | 249M | 252M | 255M | 258M | 262M | 266M | 269M | 272M | 275M | 280M | 282M | 282M | 281M | 281M |
| Basic Shares Outstanding | 229M | 236M | 237M | 237M | 240M | 243M | 246M | 249M | 252M | 256M | 260M | 264M | 266M | 270M | 273M | 278M | 279M | 279M | 279M | 279M |
| Dividend Payout Ratio | 9.09% | 11.78% | 8.33% | 8.18% | 12.33% | 7.33% | 10.76% | 8.79% | 14.72% | 25.85% | 10.34% | 9.73% | 19.9% | 12.5% | 11.82% | 11.14% | - | - | - | - |