Hilton Worldwide Holdings (HLT) FY2021 results: revenue $5.8 billion, up 34.4% on the year
Hilton Worldwide Holdings Inc. (HLT) reported revenue of $5.8 billion for fiscal 2021, the year ended 31 December 2021, up 34.4% on the year before. Net income was $410 million, and diluted earnings per share $1.46. The figures are the company's own, from the 10-K it filed with the SEC on 16 February 2022.
Revenue
$5.8 billion
+34.4% on the year
FY2014FY2021
Operating margin
17.4%
-9.7% a year earlier
FY2014FY2021
Net income
$410 million
FY2014FY2021
Diluted EPS
$1.46
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
109
708
1,384
-84.6%
Capital expenditure
35.0
46.0
81.0
-23.9%
Free cash flow
74.0
662
1,303
-88.8%
Free cash flow margin
1.3%
15.4%
13.8%
Cash from investing
-57.0
-107
-123
Cash from financing
-1,793
2,032
-1,113
Depreciation and amortisation
188
331
346
-43.2%
Share-based compensation
193
97.0
154
+99.0%
Buybacks
0.0
296
1,538
Dividends paid
0.0
42.0
172
Dividend per share
$0.00
$0.15
$0.60
Diluted shares, weighted
281m
279m
290m
+0.7%
Shares outstanding at period end
279m
278m
279m
+0.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
-821
-1,490
-482
Non-controlling interest
2.0
4.0
10.0
-50.0%
Debt
8,766
10,487
7,956
-16.4%
Operating lease liabilities
870
971
1,037
-10.4%
Finance lease liabilities
158
196
208
-19.4%
Other liabilities
6,466
6,587
6,228
-1.8%
Total liabilities and equity
15,441
16,755
14,957
-7.8%
Fixed assets
305
346
380
-11.8%
Goodwill
5,071
5,095
5,159
-0.5%
Intangible assets
n/a
653
780
Cash and equivalents
1,427
3,218
538
-55.7%
Receivables
1,068
771
1,261
+38.5%
Other assets
7,570
6,672
6,839
+13.5%
Total assets
15,441
16,755
14,957
-7.8%
10-K for the year ended 31 December 2021, filed 16 February 2022: the filing.