# Hilton Worldwide Holdings Inc. (HLT)

> Source: Nexqual · https://nexqual.com/HLT · data as of 2026-10-22 20:01 UTC · cite as "Nexqual, Hilton Worldwide Holdings Inc. (HLT), nexqual.com/HLT" · informational, not investment advice.

**Price:** USD 358.07 (-1.15% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 362.25 · day 352.82–362.52 · 52w 253.54–364.5 · market cap $80.6B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $12.5B, net income $1.58B (12.7% margin), free cash flow $2.03B (SEC filings).
- Valuation: P/E 50.9x (avg 43.1x at the last 3 fiscal year-ends), EV/EBITDA 29.7x, net debt $11.7B.
- 2 of 80 tracked superinvestors hold HLT (13F, Q2 2026): 0 new, 0 added, 2 reduced, 0 unchanged.
- Analysts: Buy (mean 2.31 on a 1–5 scale) (29 analysts), mean target USD 355.41 (range 270–390).
- Total return with dividends: 1Y +34.1% vs S&P 500 +14.9%; 5Y +156.3% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 2.36, revenue estimate $3.37B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $5.79B | $8.77B | $10.2B | $11.2B | $12.0B | $12.5B |
| Operating income | $1.01B | $2.09B | $2.23B | $2.37B | $2.69B | $2.92B |
| Net income | $410M | $1.25B | $1.14B | $1.53B | $1.46B | $1.58B |
| EPS (diluted) | $1.46 | $4.53 | $4.33 | $6.14 | $6.12 | — |
| Free cash flow | $74.0M | $1.64B | $1.79B | $1.92B | $2.03B | $2.03B |
| Operating margin | 17.4% | 23.9% | 21.7% | 21.2% | 22.4% | 23.3% |
| Net margin | 7.1% | 14.3% | 11.1% | 13.7% | 12.1% | 12.7% |
| Revenue growth | +34.4% | +51.6% | +16.7% | +9.2% | +7.7% | — |
| Cash + short-term investments | $1.43B | $1.21B | $800M | $1.30B | $918M | — |
| Total debt | $8.71B | $8.71B | $9.16B | $10.6B | $12.3B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 50.9x · P/S 6.5x · EV/EBITDA 29.7x · EV/Sales 7.4x · P/FCF 39.7x · FCF yield 2.52% · Earnings yield 1.97% · Dividend yield (paid, TTM) 0.17% · Buyback yield (TTM) 4.13% · Net debt $11.7B · EV $92.3B
P/E at fiscal year-ends: Dec 2025 46.9x, Dec 2024 40.3x, Dec 2023 42.1x.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold HLT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| AltaRock Partners |  | 0.12% | $5.0M | Reduced -0.9% |
| Bill Nygren | Oakmark Funds | 0.04% | $28.2M | Reduced -10.8% |

## Analysts
Consensus Buy (mean 2.31 on a 1–5 scale), 29 analysts; mean target USD 355.41 (low 270, high 390).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | Morgan Stanley | Target raised | Overweight | $336 → $349 |
| 2026-10-21 | JP Morgan | Target raised | Overweight | $365 → $387 |
| 2026-10-19 | Wells Fargo | Target raised | Overweight | $382 → $383 |
| 2026-10-19 | Evercore ISI Group | Target raised | Outperform | $370 → $375 |
| 2026-10-16 | Barclays | Target raised | Overweight | $368 → $384 |
| 2026-10-14 | Freedom Broker | Initiated | Buy | $359 |
| 2026-10-12 | Morgan Stanley | Target raised | Overweight | $332 → $336 |
| 2026-09-10 | Truist Securities | Target raised | Hold | $312 → $316 |
| 2026-09-02 | Wolfe Research | Initiated | Peer Perform |  |
| 2026-08-12 | CICC | Initiated | Outperform |  |
| 2026-08-11 | Susquehanna | Target lowered | Neutral | $353 → $345 |
| 2026-07-30 | Wells Fargo | Target raised | Overweight | $379 → $382 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +34.1% | +156.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +34.2% | +20.7% |
| Volatility (annualized) | 23.7% | 24.3% |
| Max drawdown | -13.6% (Jun 2026→Sep 2026) | -28.4% (Dec 2021→Jul 2022) |

## Peers (Lodging)
MAR (Marriott International) USD 396.8 -1.78% · IHG (Intercontinental Hotels Group) USD 167.78 -1.81% · H (Hyatt Hotels Corporation) USD 176.96 -0.92% · HTHT (H World Group Limited) USD 46.31 +1.18% · WH (Wyndham Hotels & Resorts, Inc.) USD 75.07 -4.20% · CHH (Choice Hotels International, In) USD 111.98 -1.48%

## More
Full page: https://nexqual.com/HLT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)


Other companies that name HLT in their own reports (relationship from HLT's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| partner | Braemar Hotels & Resorts Inc. (BHR) | 10-K 2026-03-12 | "exclusively owned and controlled by the applicable manager (or its affiliates) and the management agreement with Marriott (or its affiliates), Hilton (or its affiliates), Four Seasons and Hyatt, grant…" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $2.36 | $2.43 | -2.7% | $3.37B | 23 |
| Next quarter (ends 2026-12-31) | $2.38 | $2.31 | +3.2% | $3.38B | 23 |
| Current fiscal year (ends 2026-12-31) | $9.05 | $9.00 | +0.6% | $13.03B | 29 |
| Next fiscal year (ends 2027-12-31) | $10.42 | $10.45 | -0.2% | $14.14B | 29 |