Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Hilton Worldwide

HLT stock analysis · Consumer Discretionary · Hotels, Resorts & Cruise Lines

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$330.46HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$74.6B

Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$136.48

Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · -58.7% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

27.7%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

-55.3%

7 industry peers · median 22.9×

How this is calculated ↗
Valuation

Historical multiples

47.2×

6 annual observations · snapshot P/E 51.2× · 8.6% versus history

How this is calculated ↗
Valuation

Free cash flow yield

2.7%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

34.8%

Normalized tax · financing-capital proxy · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

Requires three valuation yields and at least five covered sector peers.

Requires three valuation yields and at least five covered sector peers.

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

1.5%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

4.4%

Annual basis · read assumptions below

How this is calculated ↗
Quality

Accrual quality

-4.0%

Annual basis · read assumptions below

How this is calculated ↗
Momentum

Fundamental momentum

2.9%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 2.1B2020-12-31: cfo $708,000,000.002020-12-31: capex $46,000,000.0020202021-12-31: cfo $109,000,000.002021-12-31: capex $35,000,000.0020212022-12-31: cfo $1,681,000,000.002022-12-31: capex $39,000,000.0020222023-12-31: cfo $1,946,000,000.002023-12-31: capex $151,000,000.0020232024-12-31: cfo $2,013,000,000.002024-12-31: capex $96,000,000.0020242025-12-31: cfo $2,129,000,000.002025-12-31: capex $101,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$171.18$186.78$203.54
10.0%$125.44$136.48$148.33
12.0%$98.96$107.38$116.41

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3112B1.5B2.1B101M16.8B
2024-12-3111.2B1.5B2B96M16.5B
2023-12-3110.2B1.2B1.9B151M15.4B
2022-12-318.8B1.3B1.7B39M15.5B
2021-12-315.8B407M109M35M15.4B
2020-12-314.3B-720M708M46M16.8B
2019-12-319.5B886M1.4B81M15B
2018-12-318.9B769M1.3B72M14B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue12BRevenueFromContractWithCustomerExcludingAssessedTax2026-02-11
netIncome1.5BProfitLoss
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-11
Parent/common earnings proxy1.5BNetIncomeLossAvailableToCommonStockholdersBasic2026-02-11
cfo2.1BNetCashProvidedByUsedInOperatingActivities2026-02-11
capex101MPaymentsToAcquirePropertyPlantAndEquipment2026-02-11
operatingIncome2.7BOperatingIncomeLoss2026-02-11
assets16.8BAssets2026-02-11
equity-5.4BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-11
Parent book equity proxy-5.4BStockholdersEquity2026-02-11
debt12.4BLongTermDebtAndCapitalLeaseObligationsCurrent + LongTermDebtAndCapitalLeaseObligations2026-02-11
shortDebtNot reported under a supported tag
cash918MCashAndCashEquivalentsAtCarryingValue2026-02-11
shares238MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-11
dividends143MPaymentsOfDividends2026-02-11
buybacks3.2BPaymentsForRepurchaseOfCommonStock2026-02-11
issuance76MReviewed manual correction
Bounded FY2025-12-31 consolidated financing-statement extraction. Proceeds from share-based compensation: 76000000 USD [us-gaap:ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions]. All 8 financing lines reconcile exactly to reported financing cash flow -2348000000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: issuance follows the separately reported common cash-inflow lines; it is not an independent verification of every gross equity transaction.
2026-02-11