Host Hotels & Resorts (HST) FY2024 results: revenue $5.7 billion, up 7.0% on the year
Host Hotels & Resorts, Inc. (HST) reported revenue of $5.7 billion for fiscal 2024, the year ended 31 December 2024, up 7.0% on the year before. Net income was $697 million, down 5.8%, and diluted earnings per share $0.99. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2025.
Revenue
$5.7 billion
+7.0% on the year
FY2017FY2024
Operating margin
15.4%
15.6% a year earlier
FY2017FY2024
Net income
$697 million
-5.8% on the year
FY2017FY2024
Diluted EPS
$0.99
-4.8% 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
1,498
1,441
1,416
+4.0%
Capital expenditure
260
195
307
+33.3%
Free cash flow
1,238
1,246
1,109
-0.6%
Free cash flow margin
21.8%
23.5%
22.6%
Cash from investing
-2,040
-183
-618
Cash from financing
-13.0
-771
-874
Depreciation and amortisation
762
697
664
+9.3%
Share-based compensation
24.0
30.0
26.0
-20.0%
Buybacks
107
182
27.0
-41.2%
Dividends paid
737
547
150
+34.7%
Dividend per share
$0.90
$0.90
$0.53
0.0%
Diluted shares, weighted
704m
713m
718m
-1.2%
Shares outstanding at period end
699m
704m
713m
-0.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
6,609
6,633
6,710
-0.4%
Non-controlling interest
3.0
4.0
5.0
-25.0%
Redeemable equity
165
189
164
-12.7%
Debt
5,083
4,209
4,215
+20.8%
Operating lease liabilities
560
563
568
-0.5%
Other liabilities
628
645
607
-2.6%
Total liabilities and equity
13,048
12,243
12,269
+6.6%
Fixed assets
10,906
9,624
9,748
+13.3%
Cash and equivalents
554
1,144
667
-51.6%
Other assets
1,588
1,475
1,854
+7.7%
Total assets
13,048
12,243
12,269
+6.6%
10-K for the year ended 31 December 2024, filed 26 February 2025: the filing.