Hilton Worldwide Holdings (HLT)
NYSE:HLT
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Hilton Worldwide Holdings
(NYSE:HLT)
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Rating:64Neutral
Price Target:
$333.00
▼(-2.35% Downside)
Action:DowngradedDate:05/05/26
The score is driven by solid operating profitability and strong free-cash-flow generation, plus generally positive earnings-call execution and guidance. Offsetting these are balance-sheet risk from high leverage/negative equity, a near-term technical backdrop that is soft, and a relatively expensive valuation (high P/E with a low dividend yield).
Positive Factors
Free Cash Flow Strength
Consistent, high free cash flow (FCF ~$2.2B TTM and ~10% FCF growth) provides durable internal funding for development incentives, franchising support, buybacks and debt reduction. Strong cash conversion improves resilience to cyclical travel shocks and funds strategic initiatives.
Negative Factors
High Leverage / Negative Equity
Meaningful leverage with negative equity (~-$5.9B) and $13.1B debt limits financial flexibility and increases refinancing and covenant sensitivity. In prolonged downturns, limited equity cushion constrains capital allocation and raises the cost of balance-sheet repair.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Strength
Consistent, high free cash flow (FCF ~$2.2B TTM and ~10% FCF growth) provides durable internal funding for development incentives, franchising support, buybacks and debt reduction. Strong cash conversion improves resilience to cyclical travel shocks and funds strategic initiatives.
Read all positive factors
Hilton Worldwide Holdings (HLT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$70.89B
Dividend Yield0.21%
Average Volume (3M)1.62M
Price to Earnings (P/E)45.2
Beta (1Y)0.88
Revenue Growth8.72%
EPS Growth3.05%
CountryUS
Employees182,000
SectorConsumer Cyclical
Sector Strength84
IndustryTravel Lodging
Share Statistics
EPS (TTM)6.61
Shares Outstanding227,648,380
10 Day Avg. Volume1,472,787
30 Day Avg. Volume1,618,038
Financial Highlights & Ratios
PEG Ratio-144.24
Price to Book (P/B)-12.58
Price to Sales (P/S)5.63
P/FCF Ratio33.43
Enterprise Value/Market Cap1.18
Enterprise Value/Revenue6.81
Enterprise Value/Gross Profit15.38
Enterprise Value/Ebitda27.86
Forecast
1Y Price Target
$348.82Price Target Upside2.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
EPS Forecast (FY)9.05
Revenue Forecast (FY)$13.08B
Hilton Worldwide Holdings Business Overview & Revenue Model
Company Description
Hilton Worldwide Holdings Inc., a hospitality company, engages in managing, franchising, and leasing hotels and resorts. It operates in two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensin...
How the Company Makes Money
Hilton primarily makes money through an “asset-light” model that monetizes its brands, operating systems, and distribution capabilities rather than relying mainly on owning real estate. Key revenue streams include: (1) Franchise fees: Hilton licen...
Hilton Worldwide Holdings Earnings Call Summary
Earnings Call Date:Apr 28, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 29, 2026
Earnings Call Sentiment Positive
The call presented multiple strong operational and financial positives: mid-single-digit RevPAR growth in the quarter, a 13% increase in adjusted EBITDA, accelerating net unit growth with a record pipeline, meaningful shareholder returns, and active AI/technology initiatives. These positives were tempered by geopolitical headwinds from the Middle East conflict (expected to materially affect Q2 and the region's full-year RevPAR) and continued softness in China. Management framed guidance conservatively to reflect those risks but expressed confidence in sustained demand momentum in the U.S. and across many international markets.Positive Updates
System-wide RevPAR Growth
System-wide RevPAR increased 3.6% year-over-year in Q1 2026, with sequential monthly improvement in the U.S. and broad growth across chain scales, brands and segments.
Negative Updates
Middle East Conflict Impact
Middle East & Africa RevPAR declined 1.7% in Q1. Company expects Middle East RevPAR to be down mid- to high-teens for full-year 2026 with Q2 most impacted. The Middle East represents ~3% of the business but could reduce System-wide RevPAR by roughly 0.5–1.0 percentage point for the full year and ~1.5 points in Q2 under certain scenarios.
Read all updates
Q1-2026 Updates
Positive
Negative
System-wide RevPAR Growth
System-wide RevPAR increased 3.6% year-over-year in Q1 2026, with sequential monthly improvement in the U.S. and broad growth across chain scales, brands and segments.
Read all positive updates
Company Guidance
Hilton reiterated second-quarter guidance of System-wide RevPAR growth of 2%–3% (including Middle East impacts), adjusted EBITDA of $1.015–$1.035 billion and diluted EPS (adjusted) of $2.18–$2.24, and maintained full‑year outlook of System‑wide RevPAR up 2%–3%, adjusted EBITDA $4.02–$4.06 billion and diluted EPS (adjusted) $8.79–$8.91 (guidance ranges exclude future share repurchases). Management expects full‑year net unit growth of 6%–7% and to return roughly $3.5 billion to shareholders in 2026 (having returned >$860 million in Q1), while Q1 results included System‑wide RevPAR +3.6%, adjusted EBITDA $901 million (+13% YoY), diluted adjusted EPS $2.01, management & franchise fees +10.4%, a 527,000‑room pipeline and a Q1 cash dividend of $0.15/share ($35 million) with a $0.15/share Q2 dividend authorized; regional notes include U.S. RevPAR at the high end or above system guidance, Americas ex‑U.S. and Europe expected low‑ to mid‑single‑digit growth, APAC low single digits (China flat), and Middle East & Africa RevPAR expected down mid‑ to high‑teens (Middle East ~3% of the business, estimated ~0.5–1.0 ppt full‑year drag and ~1.5 ppt Q2 impact).Hilton Worldwide Holdings Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
35
Negative
Cash Flow
86
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.28B | 12.04B | 11.17B | 10.23B | 8.77B | 5.79B |
| Gross Profit | 5.44B | 4.95B | 3.06B | 2.93B | 2.70B | 1.66B |
| EBITDA | 3.00B | 2.87B | 2.50B | 2.30B | 2.31B | 1.15B |
| Net Income | 1.54B | 1.46B | 1.53B | 1.14B | 1.25B | 410.00M |
Balance Sheet | ||||||
| Total Assets | 16.39B | 16.77B | 16.52B | 15.40B | 15.51B | 15.44B |
| Cash, Cash Equivalents and Short-Term Investments | 619.00M | 970.00M | 1.30B | 800.00M | 1.21B | 1.43B |
| Total Debt | 13.06B | 15.67B | 12.00B | 10.12B | 9.69B | 9.78B |
| Total Liabilities | 22.25B | 22.12B | 20.21B | 17.75B | 16.61B | 16.26B |
| Stockholders Equity | -5.91B | -5.39B | -3.73B | -2.36B | -1.10B | -821.00M |
Cash Flow | ||||||
| Free Cash Flow | 2.18B | 2.03B | 1.81B | 1.70B | 1.58B | 30.00M |
| Operating Cash Flow | 2.29B | 2.13B | 2.01B | 1.95B | 1.68B | 109.00M |
| Investing Cash Flow | -179.00M | -190.00M | -446.00M | -305.00M | -123.00M | -57.00M |
| Financing Cash Flow | -2.30B | -2.35B | -1.04B | -2.04B | -1.76B | -1.79B |
Hilton Worldwide Holdings Technical Analysis
Positive
341.03
Price Trends
309.65
Positive
299.77
Positive
283.77
Positive
Market Momentum
8.35
Negative
72.56
Negative
92.44
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HLT, the sentiment is Positive. The current price of 341.03 is above the 20-day moving average (MA) of 311.82, above the 50-day MA of 309.65, and above the 200-day MA of 283.77, indicating a bullish trend. The MACD of 8.35 indicates Negative momentum. The RSI at 72.56 is Negative, neither overbought nor oversold. The STOCH value of 92.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HLT.
Hilton Worldwide Holdings Risk Analysis
Hilton Worldwide Holdings disclosed 40 risk factors in its most recent earnings report. Hilton Worldwide Holdings reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Hilton Worldwide Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $21.62B | 18.74 | -23.50% | 1.21% | 5.59% | 26.44% | |
68 Neutral | $91.99B | 46.80 | -79.90% | 0.84% | 4.33% | 14.02% | |
65 Neutral | $15.12B | 21.81 | 42.78% | 3.60% | 6.11% | 73.30% | |
64 Neutral | $70.89B | 45.22 | -29.63% | 0.21% | 8.72% | 3.05% | |
63 Neutral | $14.98B | 89.40 | -1.50% | 0.36% | 7.74% | -104.45% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | $6.01B | 25.10 | 37.33% | 2.13% | 1.41% | -40.51% |
* Consumer Cyclical Sector Average
HLT
Hilton Worldwide Holdings
311.38
75.31
31.90%
HTHT
H World Group
47.93
13.21
38.04%
H
Hyatt Hotels
159.12
38.06
31.43%
IHG
Intercontinental Hotels Group
139.61
27.62
24.66%
MAR
Marriott International
347.24
97.64
39.12%
WH
Wyndham Hotels & Resorts
80.24
-1.50
-1.83%
Hilton Worldwide Holdings Corporate Events
Business Operations and StrategyExecutive/Board Changes
Hilton Announces Executive Leadership Changes and Brand Focus
Positive
May 5, 2026
On May 5, 2026, Hilton Worldwide Holdings Inc. announced that Christopher W. Silcock, President of Global Brands Commercial Services, plans to retire in the first quarter of 2027. In preparation, the company will implement leadership changes late...
Business Operations and StrategyPrivate Placements and Financing
Hilton Amends Credit Facility, Extends Maturity and Liquidity
Positive
Mar 18, 2026
On March 18, 2026, Hilton Domestic Operating Company Inc., an indirect subsidiary of Hilton Worldwide Holdings Inc., amended its existing Credit Agreement to extend the maturity of its senior secured revolving credit facility to the earlier of fiv...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.