Hilton Worldwide Holdings (HLT) FY2022 results: revenue $8.8 billion, up 51.6% on the year
Hilton Worldwide Holdings Inc. (HLT) reported revenue of $8.8 billion for fiscal 2022, the year ended 31 December 2022, up 51.6% on the year before. Net income was $1.3 billion, up 206.1%, and diluted earnings per share $4.53. The figures are the company's own, from the 10-K it filed with the SEC on 9 February 2023.
Revenue
$8.8 billion
+51.6% on the year
FY2015FY2022
Operating margin
23.9%
17.4% a year earlier
FY2015FY2022
Net income
$1.3 billion
+206.1% on the year
FY2015FY2022
Diluted EPS
$4.53
+210.3% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,681
109
708
+1,442.2%
Capital expenditure
39.0
35.0
46.0
+11.4%
Free cash flow
1,642
74.0
662
+2,118.9%
Free cash flow margin
18.7%
1.3%
15.4%
Cash from investing
-123
-57.0
-107
Cash from financing
-1,765
-1,793
2,032
Depreciation and amortisation
162
188
331
-13.8%
Share-based compensation
162
193
97.0
-16.1%
Buybacks
1,590
0.0
296
Dividends paid
123
0.0
42.0
Dividend per share
$0.45
$0.00
$0.15
Diluted shares, weighted
277m
281m
279m
-1.4%
Shares outstanding at period end
268m
279m
278m
-4.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
-1,102
-821
-1,490
Non-controlling interest
4.0
2.0
4.0
+100.0%
Debt
8,708
8,766
10,487
-0.7%
Operating lease liabilities
832
870
971
-4.4%
Finance lease liabilities
126
158
196
-20.3%
Other liabilities
6,944
6,466
6,587
+7.4%
Total liabilities and equity
15,512
15,441
16,755
+0.5%
Fixed assets
280
305
346
-8.2%
Goodwill
5,032
5,071
5,095
-0.8%
Intangible assets
n/a
n/a
653
Cash and equivalents
1,209
1,427
3,218
-15.3%
Receivables
1,327
1,068
771
+24.3%
Other assets
7,664
7,570
6,672
+1.2%
Total assets
15,512
15,441
16,755
+0.5%
10-K for the year ended 31 December 2022, filed 9 February 2023: the filing.