Host Hotels & Resorts (HST) FY2022 results: revenue $4.9 billion, up 69.8% on the year
Host Hotels & Resorts, Inc. (HST) reported revenue of $4.9 billion for fiscal 2022, the year ended 31 December 2022, up 69.8% on the year before. Net income was $633 million, and diluted earnings per share $0.88. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2023.
Revenue
$4.9 billion
+69.8% on the year
FY2015FY2022
Operating margin
15.8%
-8.7% a year earlier
FY2015FY2022
Net income
$633 million
FY2015FY2022
Diluted EPS
$0.88
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
1,416
292
-307
+384.9%
Capital expenditure
307
293
343
+4.8%
Free cash flow
1,109
-1.0
-650
Free cash flow margin
22.6%
-0.0%
-40.1%
Cash from investing
-618
-1,158
-195
Cash from financing
-874
-657
1,231
Depreciation and amortisation
664
762
665
-12.9%
Share-based compensation
26.0
18.0
17.0
+44.4%
Buybacks
27.0
0.0
147
Dividends paid
150
0.0
320
Dividend per share
$0.53
$0.00
$0.20
Diluted shares, weighted
718m
n/a
706m
Shares outstanding at period end
713m
714m
705m
-0.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
6,710
6,441
6,321
+4.2%
Non-controlling interest
5.0
5.0
5.0
0.0%
Redeemable equity
164
126
108
+30.2%
Debt
4,215
4,891
5,541
-13.8%
Operating lease liabilities
568
564
610
+0.7%
Other liabilities
607
325
305
+86.8%
Total liabilities and equity
12,269
12,352
12,890
-0.7%
Fixed assets
9,748
9,994
9,416
-2.5%
Cash and equivalents
667
807
2,335
-17.3%
Other assets
1,854
1,551
1,139
+19.5%
Total assets
12,269
12,352
12,890
-0.7%
10-K for the year ended 31 December 2022, filed 22 February 2023: the filing.