Hilton Worldwide Holdings (HLT) FY2024 results: revenue $11.2 billion, up 9.2% on the year
Hilton Worldwide Holdings Inc. (HLT) reported revenue of $11.2 billion for fiscal 2024, the year ended 31 December 2024, up 9.2% on the year before. Net income was $1.5 billion, up 34.5%, and diluted earnings per share $6.14. The figures are the company's own, from the 10-K it filed with the SEC on 6 February 2025.
Revenue
$11.2 billion
+9.2% on the year
FY2017FY2024
Operating margin
21.2%
21.7% a year earlier
FY2017FY2024
Net income
$1.5 billion
+34.5% on the year
FY2017FY2024
Diluted EPS
$6.14
+41.8% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,013
1,946
1,681
+3.4%
Capital expenditure
96.0
151
39.0
-36.4%
Free cash flow
1,917
1,795
1,642
+6.8%
Free cash flow margin
17.2%
17.5%
18.7%
Cash from investing
-446
-305
-123
Cash from financing
-1,045
-2,040
-1,765
Depreciation and amortisation
146
147
162
-0.7%
Share-based compensation
176
169
162
+4.1%
Buybacks
2,893
2,338
1,590
+23.7%
Dividends paid
150
158
123
-5.1%
Dividend per share
$0.60
$0.60
$0.45
0.0%
Diluted shares, weighted
250m
264m
277m
-5.3%
Shares outstanding at period end
242m
253m
268m
-4.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
-3,727
-2,360
-1,102
Non-controlling interest
21.0
13.0
4.0
+61.5%
Redeemable equity
17.0
0.0
n/a
Debt
11,151
9,157
8,708
+21.8%
Operating lease liabilities
735
808
832
-9.0%
Finance lease liabilities
82.0
105
126
-21.9%
Other liabilities
8,243
7,678
6,944
+7.4%
Total liabilities and equity
16,522
15,401
15,512
+7.3%
Fixed assets
411
382
280
+7.6%
Goodwill
5,035
5,052
5,032
-0.3%
Intangible assets
429
298
n/a
+44.0%
Cash and equivalents
1,301
800
1,209
+62.6%
Receivables
1,583
1,487
1,327
+6.5%
Other assets
7,763
7,382
7,664
+5.2%
Total assets
16,522
15,401
15,512
+7.3%
10-K for the year ended 31 December 2024, filed 6 February 2025: the filing.