Want to see HLT full AI Analyst Report?
Top Page
Hilton Worldwide Holdings
(NYSE:HLT)
Select Model
Select Model
Rating:69Neutral
Price Target:
$362.00
▲(11.39% Upside)
Action:Reiterated
Date:07/28/26
HLT scores solidly on strong cash generation and a favorable earnings-call outlook (raised RevPAR guidance, EBITDA/EPS beat, and robust development pipeline), but the overall score is capped by elevated balance-sheet risk (negative equity and sizable debt) and a demanding valuation (high P/E, low dividend yield). Technicals are broadly neutral with price hovering around key short-term moving averages.
Positive Factors
Asset-light franchise & management model
Hilton’s fee‑based, asset‑light model yields recurring royalty, licensing, marketing and management fees that scale with owner revenues. That structure limits capital intensity, preserves return on invested capital, and produces predictable revenue streams that remain durable through travel cycles.
Negative Factors
Elevated leverage and negative equity
Negative shareholders’ equity and rising debt materially weaken financial flexibility and increase refinancing and covenant risk. This capital structure can limit strategic optionality in downturns, make leverage metrics less informative, and heighten sensitivity to slower RevPAR or liquidity shocks despite solid cash flow.
Read all positive and negative factors
Positive Factors
Negative Factors
Asset-light franchise & management model
Hilton’s fee‑based, asset‑light model yields recurring royalty, licensing, marketing and management fees that scale with owner revenues. That structure limits capital intensity, preserves return on invested capital, and produces predictable revenue streams that remain durable through travel cycles.
Read all positive factors
Hilton Worldwide Holdings Key Performance Indicators (KPIs)
Any
Revenue by Segment
Breaks revenue into Hilton’s business lines (owned, leased, managed, franchised, and other), showing how much comes from fee-based, asset-light operations versus capital-intensive hotel ownership. A higher share of management and franchise fees points to steadier, higher-margin cash flow; more revenue from owned or leased hotels increases earnings volatility and capital requirements.
Breaks revenue into Hilton’s business lines (owned, leased, managed, franchised, and other), showing how much comes from fee-based, asset-light operations versus capital-intensive hotel ownership. A higher share of management and franchise fees points to steadier, higher-margin cash flow; more revenue from owned or leased hotels increases earnings volatility and capital requirements.
Data provided by:
The Fly
The FlyHilton Worldwide Holdings (HLT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$72.13B
Dividend Yield0.19%
Average Volume (3M)2.30M
Price to Earnings (P/E)46.6
Beta (1Y)0.85
Revenue Growth8.74%
EPS Growth4.50%
CountryUS
Employees182,000
SectorConsumer Cyclical
Sector Strength84
IndustryTravel Lodging
Share Statistics
EPS (TTM)6.88
Shares Outstanding225,064,910
10 Day Avg. Volume2,213,619
30 Day Avg. Volume2,297,472
Financial Highlights & Ratios
PEG Ratio-144.09
Price to Book (P/B)-12.58
Price to Sales (P/S)5.63
P/FCF Ratio34.87
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$356.36Price Target Upside9.66% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)9.04
Revenue Forecast (FY)$13.04B
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 emphasizes franchising and management rather than owning large numbers of hotel properties.
1) Franchise and licensing fees (core revenue stream)
- Hilton grants hotel owners the ri...
Hilton Worldwide Holdings Earnings Call Summary
Earnings Call Date:Jul 28, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Oct 28, 2026
Earnings Call Sentiment Positive
The quarter showed outperformance on key operating metrics (system RevPAR beat, adjusted EBITDA and EPS above expectations), stronger-than-expected development momentum (record signings, large pipeline, accelerating openings), meaningful owner-focused initiatives and technology integrations, and continued capital return commitments. Offsetting risks include pronounced regional weakness (notably a ~30% drop in Middle East & Africa RevPAR), ongoing softness in China, and EBITDA drag from large renovation projects and timing items. On balance, the positives — beating guidance, raising full-year RevPAR outlook, robust development momentum, and structured owner support measures — outweigh the regional and timing headwinds, supporting a constructive near- to medium-term outlook.Positive Updates
System-wide RevPAR Growth
System-wide RevPAR increased 3.9% year-over-year in Q2 2026; management raised full-year system-wide RevPAR guidance to 3.0%–3.5% and expects Q3 RevPAR ~4% (above full-year range) with the second half remaining strong.
Negative Updates
Middle East & Africa Demand Collapse
RevPAR in Middle East & Africa fell ~30% year-over-year in Q2 2026; company now expects regional RevPAR for the full year to be down in the high-single to low-double digits, and the conflict reduced global system-wide RevPAR by an estimated ~0.5 percentage point.
Read all updates
Q2-2026 Updates
Positive
Negative
System-wide RevPAR Growth
System-wide RevPAR increased 3.9% year-over-year in Q2 2026; management raised full-year system-wide RevPAR guidance to 3.0%–3.5% and expects Q3 RevPAR ~4% (above full-year range) with the second half remaining strong.
Read all positive updates
Company Guidance
Hilton raised full‑year system‑wide RevPAR guidance to 3.0–3.5% (Q3 expected ≈4%) after reporting Q2 system‑wide RevPAR +3.9% y/y (U.S. +5.4%; Americas ex‑U.S. +4.6%; Europe +4.3%; APAC ex‑China +6.3%; China −2.2%; Middle East & Africa ≈−30%), with segment results of business transient +5.7%, leisure +1.6% and group +3.7%. Q2 adjusted EBITDA was $1.054B (+4.6% y/y) and adjusted diluted EPS was $2.29; Q3 adjusted EBITDA guidance is $1.035B–$1.055B and adjusted EPS $2.28–$2.34, while full‑year adjusted EBITDA is guided to $4.04B–$4.08B and adjusted EPS to $8.89–$9.01 (guidance excludes future buybacks). Development momentum remains strong — opened >200 hotels / 24,000+ rooms (Q2 up 50% vs Q1), net units +6.1% for the quarter, signed ~43,000 rooms (up 50% q/q) with a record 541,000‑room pipeline and an expected 6–7% net unit growth for the year (conversions ~36% of Q2 openings, ~40% expected for the year). The company also plans to return about $3.5B to shareholders in 2026, paid a $0.15/share Q2 dividend (~$34M) and authorized $0.15/share for Q3.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 | 12.48B | 12.04B | 11.17B | 10.23B | 8.77B | 5.79B |
| Gross Profit | 5.50B | 4.95B | 3.06B | 2.93B | 2.70B | 1.66B |
| EBITDA | 3.09B | 2.87B | 2.50B | 2.30B | 2.31B | 1.15B |
| Net Income | 1.58B | 1.46B | 1.53B | 1.14B | 1.25B | 410.00M |
Balance Sheet | ||||||
| Total Assets | 16.93B | 16.77B | 16.52B | 15.40B | 15.51B | 15.44B |
| Cash, Cash Equivalents and Short-Term Investments | 1.01B | 970.00M | 1.30B | 800.00M | 1.21B | 1.43B |
| Total Debt | 14.02B | 15.67B | 12.00B | 10.12B | 9.69B | 9.78B |
| Total Liabilities | 23.20B | 22.12B | 20.21B | 17.75B | 16.61B | 16.26B |
| Stockholders Equity | -6.30B | -5.39B | -3.73B | -2.36B | -1.10B | -821.00M |
Cash Flow | ||||||
| Free Cash Flow | 2.01B | 1.94B | 1.81B | 1.70B | 1.58B | 30.00M |
| Operating Cash Flow | 2.11B | 2.13B | 2.01B | 1.95B | 1.68B | 109.00M |
| Investing Cash Flow | -184.00M | -190.00M | -446.00M | -305.00M | -123.00M | -57.00M |
| Financing Cash Flow | -1.30B | -2.35B | -1.04B | -2.04B | -1.76B | -1.79B |
Hilton Worldwide Holdings Technical Analysis
Negative
324.97
Price Trends
332.92
Negative
323.60
Negative
305.90
Positive
Market Momentum
-3.89
Positive
36.42
Neutral
32.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HLT, the sentiment is Negative. The current price of 324.97 is below the 20-day moving average (MA) of 325.86, below the 50-day MA of 332.92, and above the 200-day MA of 305.90, indicating a neutral trend. The MACD of -3.89 indicates Positive momentum. The RSI at 36.42 is Neutral, neither overbought nor oversold. The STOCH value of 32.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 | $23.74B | 39.20 | -23.50% | 1.18% | 5.59% | 26.44% | |
69 Neutral | $72.13B | 46.58 | -28.13% | 0.19% | 8.74% | 4.50% | |
66 Neutral | $12.82B | 4.79 | 41.76% | 5.21% | 9.63% | 59.04% | |
62 Neutral | $98.31B | 39.12 | -66.73% | 0.73% | 4.69% | 8.46% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | $16.49B | 63.29 | 2.37% | 0.32% | 6.36% | -80.55% | |
55 Neutral | $5.56B | 27.12 | 42.06% | 2.28% | -2.21% | -35.98% |
* Consumer Cyclical Sector Average
HLT
Hilton Worldwide Holdings
312.07
52.45
20.20%
HTHT
H World Group
42.31
13.21
45.40%
H
Hyatt Hotels
173.60
37.52
27.57%
IHG
Intercontinental Hotels Group
157.11
43.34
38.10%
MAR
Marriott International
345.20
87.76
34.09%
WH
Wyndham Hotels & Resorts
76.03
-7.20
-8.65%
Hilton Worldwide Holdings Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Hilton Shareholders Extend Incentive Plan and Support Governance
Positive
May 18, 2026
At its annual meeting on May 14, 2026, Hilton Worldwide Holdings Inc. shareholders approved an amended and restated 2017 Omnibus Incentive Plan, authorizing an additional 846,000 shares for issuance and extending the plan’s term by ten years...
Business Operations and StrategyPrivate Placements and Financing
Hilton Issues $1 Billion Senior Notes for Refinancing
Positive
May 11, 2026
On May 11, 2026, Hilton Domestic Operating Company Inc., an indirect subsidiary of Hilton Worldwide Holdings, issued and sold $1 billion of 5.500% senior unsecured notes due September 15, 2031, at par, to qualified institutional buyers and certain...
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...
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.