Income StatementBalance SheetCash FlowSegments
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Hyatt Hotels Income Statement

Revenue, expenses, and profitability over time

Hyatt Hotels generated $7.1B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was -$34.0M with a -0.48% net margin. Diluted EPS is $-0.35, which declined 1.0% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$7.1BNet Income (TTM)-$34.0MEps Diluted (TTM)$-0.35
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$17.5B
ROE-1.02%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisition and integration costs$16.0M$23.0M$82.0M$25.0M$43.0M$16.0M
Stock-Based Compensation Expense$9.0M$31.0M$15.0M$15.0M$13.0M$28.0M
Advertising$16.8M$14.5M$14.5M$14.5M$14.5M—
Share-Based Compensation Expense$9.0M$31.0M$15.0M$15.0M$13.0M$28.0M
Change in contingent consideration liability-$19.0M-$5.0M-$3.0M-$6.0M-$23.0M-$31.0M
Defined Contribution Plan Cost$12.0M$12.5M$12.5M$12.5M$12.5M—
Operating Lease Cost$11.3M$10.3M$10.3M$10.3M$10.3M—
Total Lease Cost$18.5M$18.5M$18.5M$18.5M$18.5M—
Depreciation and amortization$76.0M$80.0M$82.0M$83.0M$80.0M$76.0M
General and administrative$136.0M$126.0M$152.0M$138.0M$139.0M$130.0M
Defined Contribution Plan Cost$12.0M$12.5M$12.5M$12.5M$12.5M—
Finance Lease ROU Asset Amortization$4.5M$5.0M$5.0M$5.0M$5.0M—
Total Lease Cost$18.5M$18.5M$18.5M$18.5M$18.5M—
Goodwill impairment$148.0M—————
Defined Contribution Plan Cost$12.0M$12.5M$12.5M$12.5M$12.5M—
Operating Lease Cost$11.3M$10.3M$10.3M$10.3M$10.3M—
Operating Lease ROU Asset Amortization$8.0M$8.0M$9.0M$8.0M$9.0M$9.0M
Total Lease Cost$18.5M$18.5M$18.5M$18.5M$18.5M—
Impairment charges$16.0M$4.0M$6.0M——$21.0M
Goodwill written off on sale of business$228.5M—————
Impairment of Goodwill and Purchased Intangible Assets$161.0M$4.0M$10.0M$9.0M$17.0M$21.0M
Lease Cost$18.5M$18.5M$18.5M$18.5M$18.5M—
Operating Lease Cost$11.3M$10.3M$10.3M$10.3M$10.3M—
Stock-based compensation expense$9.0M$31.0M$15.0M$15.0M$13.0M$28.0M
Variable Lease Cost$7.3M$8.3M$8.3M$8.3M$8.3M—
Defined Contribution Plan Expense$12.0M$12.5M$12.5M$12.5M$12.5M—
Finance Lease ROU Asset Amortization$4.5M$5.0M$5.0M$5.0M$5.0M—
Occupancy and equipment$11.3M$10.3M$10.3M$10.3M$10.3M—
Goodwill and indefinite-lived intangible asset impairment$161.0M$4.0M$10.0M$9.0M$17.0M$21.0M
Share-Based Compensation$9.0M$31.0M$15.0M$15.0M$13.0M$28.0M
Amortization of Right-of-Use Assets$8.0M$8.0M$9.0M$8.0M$9.0M$9.0M
Variable Lease Expense$7.3M$8.3M$8.3M$8.3M$8.3M—
Variable Lease Cost$7.3M$8.3M$8.3M$8.3M$8.3M—
Lease Costs$18.5M$18.5M$18.5M$18.5M$18.5M—
Operating Lease Cost$11.3M$10.3M$10.3M$10.3M$10.3M—
Variable Lease Cost$7.3M$8.3M$8.3M$8.3M$8.3M—
Variable Lease Cost$7.3M$8.3M$8.3M$8.3M$8.3M—

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effective Tax Rate Statutory Reconciliation$0.1$0.1$0.1$0.1$0.1—
Unrecognized Tax Benefits Current Period Increases$16.8M$31.5M$31.5M$31.5M$31.5M—
Cash Paid for Income Taxes$39.0M$134.0M$29.0M$19.0M$32.0M$81.0M
Current income tax expense (benefit)$97.5M$47.5M$47.5M$47.5M$47.5M—
Deferred Foreign Tax Expense (Benefit)-$18.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Income Tax at U.S. Statutory Rate$0.1$4.3M$4.3M$4.3M$4.3M—
Stock-Based Compensation Tax Benefit$2.3M$2.5M$2.5M$2.5M$2.5M—
State and Local Income Taxes, Net$11.8M$3.3M$3.3M$3.3M$3.3M—
Tax Reconciliation: Other Adjustments0.0%—————
Tax Reconciliation: Change in Valuation Allowance-0.8%—————
Current State Tax Expense$11.8M$3.3M$3.3M$3.3M$3.3M—
Deferred Foreign Tax Expense-$18.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Tax Reconciliation, Federal Statutory Amount$0.1$4.3M$4.3M$4.3M$4.3M—
Tax Reconciliation, Foreign Rate Differential0.5%—————
Tax Reconciliation, Other Items$0.0—————
Tax Reconciliation, State and Local Taxes$0.0$0.0$0.0$0.0$0.0—
Tax Reconciliation: Repatriation of Foreign Earnings—$500.0K$500.0K$500.0K$500.0K—
Current State and Local Tax Expense (Benefit)$11.8M$3.3M$3.3M$3.3M$3.3M—
Deferred Foreign Tax Expense (Benefit)-$18.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Income Taxes Paid, Net$39.0M$134.0M$29.0M$19.0M$32.0M$81.0M
Share-Based Compensation Tax Benefit$2.3M$2.5M$2.5M$2.5M$2.5M—
Current State and Local Tax Expense$11.8M$3.3M$3.3M$3.3M$3.3M—
Deferred Foreign Tax Expense-$18.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Income tax expense$8.0M$28.0M$42.0M$33.0M$27.0M$16.0M
Share-Based Compensation Tax Benefit$2.3M$2.5M$2.5M$2.5M$2.5M—
Tax Reconciliation at Federal Statutory Rate$0.1$0.1$0.1$0.1$0.1—
Unrecognized Tax Benefits Reevaluation (Statute Lapse)$2.0M$1.3M$1.3M$1.3M$1.3M—
Current Income Tax Expense$97.5M$47.5M$47.5M$47.5M$47.5M—
Current State and Local Tax Expense (Benefit)$11.8M$3.3M$3.3M$3.3M$3.3M—
Tax Reconciliation - Federal Statutory Rate$0.1$0.1$0.1$0.1$0.1—
Current Federal Tax Expense$50.5M$16.5M$16.5M$16.5M$16.5M—
Current Foreign Tax Expense$35.3M$27.8M$27.8M$27.8M$27.8M—
Current State and Local Tax Expense$11.8M$3.3M$3.3M$3.3M$3.3M—
Deferred Federal Tax Expense-$10.3M-$11.5M-$11.5M-$11.5M-$11.5M—
Deferred Foreign Tax Expense-$18.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Deferred State and Local Tax Expense-$2.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Income Taxes Paid, Net$39.0M$134.0M$29.0M$19.0M$32.0M$81.0M
Statutory Federal Income Tax Rate$0.1$0.1$0.1$0.1$0.1—
Tax Reconciliation: Prior Year Adjustments$50.0M—————
Current State and Local Tax Expense (Benefit)$11.8M$3.3M$3.3M$3.3M$3.3M—
Deferred Foreign Tax Expense (Benefit)-$18.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Current State and Local Tax Expense (Benefit)$11.8M$3.3M$3.3M$3.3M$3.3M—
Deferred Foreign Tax Expense (Benefit)-$18.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Income and Other Taxes$39.0M$134.0M$29.0M$19.0M$32.0M$81.0M
Current State and Local Tax Expense$11.8M$3.3M$3.3M$3.3M$3.3M—
Deferred Foreign Tax Expense-$18.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Tax Reconciliation Federal Statutory Rate$0.1$0.1$0.1$0.1$0.1—
Tax Reconciliation Other Adjustments$0.0—————
Tax Reconciliation State and Local Taxes$0.0$0.0$0.0$0.0$0.0—

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share (Paid)$0.2$0.2$0.2$0.2$0.2—
Capital Expenditures$51.0M$30.0M$44.0M$69.0M$77.0M$23.0M
Change in Accounts Receivable$3.8M-$14.5M-$14.5M-$14.5M-$14.5M—
Tax Withholding for Share-Based Payments$2.0M$23.0M$0.0$1.0M$3.0M$23.0M
Common stock dividends per share cash paid$0.2$0.2$0.2$0.2$0.2—
Common Stock Dividends Per Share (Cash Paid)$0.2$0.2$0.2$0.2$0.2—
Change in Accounts Payable and Accrued Liabilities$14.0M-$44.0M-$44.0M-$44.0M-$44.0M—
Change in Prepaid Expenses and Other Assets$29.0M$6.5M$6.5M$6.5M$6.5M—
Number of Operating Segments—0.750.750.750.75—
Common Dividends Per Share Paid$0.2$0.2$0.2$0.2$0.2—
Cash Dividend per Common Share$0.2$0.2$0.2$0.2$0.2—
Number of reportable segments—0.750.750.750.75—
Income Taxes Paid, Net$39.0M$134.0M$29.0M$19.0M$32.0M$81.0M
Interest Paid, Net$52.0M$47.0M$58.0M$89.0M$83.0M$54.0M
Advertising costs$16.8M$14.5M$14.5M$14.5M$14.5M—
Business Combination, Integration-Related Cost, Expense$16.0M$23.0M$82.0M$25.0M$43.0M$16.0M
Federal$50.5M$16.5M$16.5M$16.5M$16.5M—
Foreign$35.3M$27.8M$27.8M$27.8M$27.8M—
Federal-$10.3M-$11.5M-$11.5M-$11.5M-$11.5M—
Deferred taxes-$28.0M-$24.0M-$1.0M$0.0-$36.0M-$27.0M
State-$2.3M-$1.8M-$1.8M-$1.8M-$1.8M—
Deferred tax asset period increase related to loyalty program assets—$12.3M$12.3M$12.3M$12.3M—
Deferred tax asset, period increase (decrease), foreign net operating losses—$14.8M$14.8M$14.8M$14.8M—
Depreciation$50.5M$45.0M$45.0M$45.0M$45.0M—
Direct And General And Administrative Expenses$1.5B$1.6B$1.8B$1.7B$1.7B$1.6B
Impact of foreign transactions-1.8%—————
Income taxes at U.S. statutory rate of 21%$0.1$0.1$0.1$0.1$0.1—
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Percent-$0.0—————
Effective Income Tax Rate Reconciliation, Cross-Border, Other, Amount—$250.0K$250.0K$250.0K$250.0K—
Impact from foreign operations—1.9%1.9%1.9%1.9%—
Other—0.3%0.3%0.3%0.3%—
Impact from foreign branch operations—$500.0K$500.0K$500.0K$500.0K—
Impact from foreign branch operations—0.5%0.5%0.5%0.5%—
Impact from foreign operations—$1.5M$1.5M$1.5M$1.5M—
Foreign operations$0.0—————
Global Intangible Low-taxed Income, net of credits—$2.8M$2.8M$2.8M$2.8M—
Global Intangible Low-taxed Income, net of credits—3.5%3.5%3.5%3.5%—
Transaction costs—$1.0M$1.0M$1.0M$1.0M—
Transaction costs—1.4%1.4%1.4%1.4%—
Other—-$0.0-$0.0-$0.0-$0.0—
Impact from acquisitions and dispositions—-$2.5M-$2.5M-$2.5M-$2.5M—
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Restructuring Charges, Percent0.0%—————
Impact from acquisitions and dispositions—-2.9%-2.9%-2.9%-2.9%—
Nondeductible compensation—11.3%11.3%11.3%11.3%—
Nondeductible compensation—$9.3M$9.3M$9.3M$9.3M—
Share-based compensation—-0.6%-0.6%-0.6%-0.6%—
Tax on undistributed foreign earnings—0.7%0.7%0.7%0.7%—
State income taxes – net of federal income tax benefit$0.0$0.0$0.0$0.0$0.0—
Changes in unrecognized tax benefits0.5%10.8%10.8%10.8%10.8%—
Share-Based Payment Arrangement, Expense, Tax Benefit$2.3M$2.5M$2.5M$2.5M$2.5M—
Price per share for the ESPP (percentage)—23.8%23.8%23.8%23.8%—
Gains (losses), net on marketable securities (Note 4)$13.5M$4.8M$4.8M$4.8M$4.8M—
Goodwill impairment losses$148.0M—————
Goodwill, Written off Related to Sale of Business Unit$228.5M—————
Federal taxes—$20.5M$20.5M$20.5M$20.5M—
State taxes—$1.5M$1.5M$1.5M$1.5M—
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount—$4.3M$4.3M$4.3M$4.3M—
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount—-$250.0K-$250.0K-$250.0K-$250.0K—
Share-based compensation—-$500.0K-$500.0K-$500.0K-$500.0K—
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount—$250.0K$250.0K$250.0K$250.0K—
Changes in unrecognized tax benefits—$8.8M$8.8M$8.8M$8.8M—
Income Taxes Paid, Net$39.0M$134.0M$29.0M$19.0M$32.0M$81.0M
Accounts payable and other current liabilities$14.0M-$44.0M-$44.0M-$44.0M-$44.0M—
Increase (Decrease) in Accounts Receivable$3.8M-$14.5M-$14.5M-$14.5M-$14.5M—
Contract liabilities$12.0M-$27.0M-$27.0M-$27.0M-$27.0M—
Accrued compensation and employee benefits-$1.5M$5.5M$5.5M$5.5M$5.5M—
Short- and long-term operating lease liabilities-$8.8M-$8.8M-$8.8M-$8.8M-$8.8M—
Increase (decrease) in other assets$1.5M$2.8M$2.8M$2.8M$2.8M—
Increase (decrease) in all other liabilities-$1.5M-$7.0M-$7.0M-$7.0M-$7.0M—
Increase (Decrease) in Prepaid Expense and Other Assets$29.0M$6.5M$6.5M$6.5M$6.5M—
Increase (Decrease) in Prepaid Taxes-$16.3M$20.5M$20.5M$20.5M$20.5M—
Interest Paid, Excluding Capitalized Interest, Operating Activity$52.0M$47.0M$58.0M$89.0M$83.0M$54.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation—$340.0M$596.0M-$69.0M-$1.8B-$174.0M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation—$239.0M-$1.4B-$67.0M$1.5B-$122.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$235.0M$153.0M——$313.0M$100.0M
Contingent consideration receivables recorded in dispositions (Note 3, Note 4, Note 7)$1.3M$3.5M$3.5M$3.5M$3.5M—
Redemption of HTM debt security in exchange for equity method investment (Note 4)$0.0$0.0$0.0$0.0$0.0—
Contingent consideration liabilities assumed in acquisitions (Note 7)$35.3M$0.0$0.0$0.0$0.0—
Deferred consideration liability assumed in acquisition (Note 7)$14.5M$0.0$0.0$0.0$0.0—
Redemption of financing receivables$0.0$0.0$0.0$0.0$0.0—
Noncontrolling Interest Increase From Business Combination$69.3M$1.3M$1.3M$1.3M$1.3M—
Variable rate mortgage loan assumed by buyer in disposition (Note 7, Note 11)$0.0$15.0M$15.0M$15.0M$15.0M—
Managed hotel, damages awarded to guest0.25—————
Number of operating segments—$0.8$0.8$0.8$0.8—
Number of performance obligations—0.500.500.500.50—
Number of reportable segments—$0.8$0.8$0.8$0.8—
Lease income — operating leases$2.0M$2.5M$2.5M$2.5M$2.5M—
Operating Lease Payments$11.0M$11.0M$10.0M$12.0M$12.0M$11.0M
Operating lease right-of-use assets amortization expense$8.0M$8.0M$9.0M$8.0M$9.0M$9.0M
Other direct costs$13.0M$24.0M$20.0M$22.0M$7.0M$0.0
Other income, net (Note 6)$105.0M$43.0M$29.0M-$4.0M$33.0M$50.0M
All other operating activities$145.0M-$59.0M-$189.0M-$144.0M$565.0M-$109.0M
Payment to acquire investment tax credit$17.3M—————
Benefit as reduction to income tax expense$1.0M—————
Payment for (Proceeds from) Other Investing Activity$10.0M-$6.0M-$6.0M-$6.0M—-$1.0M
Payments for Repurchase of Common Stock$11.0M$149.0M$0.0$30.0M$114.0M$135.0M
Payments of Ordinary Dividends, Common Stock$14.0M$14.0M$14.0M$15.0M$14.0M$14.0M
Payment, Tax Withholding, Share-Based Payment Arrangement$2.0M$23.0M$0.0$1.0M$3.0M$23.0M
Payments to Acquire Finance Receivables$45.0M$0.0$7.0M$9.0M$0.0$21.0M
Payments to Acquire Property, Plant, and Equipment$51.0M$30.0M$44.0M$69.0M$77.0M$23.0M
Financing — other$250.0K-$13.0M-$8.0M$0.0-$7.0M-$1.0M
Proceeds from sales of real estate and other, net (1)$355.3M$416.5M$416.5M$416.5M$416.5M—
Revenue From Contract With Customer Excluding Assessed Tax$1.6B$1.7B$1.8B$1.8B$1.8B$1.7B
Stock-based compensation$9.0M$31.0M$15.0M$15.0M$13.0M$28.0M
Transfer from trading securities to investment securities$47.0M$26.0M$26.0M$26.0M$26.0M—
Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation$1.3M—————
Foreign currency effect—$2.8M$2.8M$2.8M$2.8M—
Additions for tax positions of prior years$2.8M$1.3M$1.3M$1.3M$1.3M—
Cash Dividends, Common Stock$14.0M$14.0M$14.0M$15.0M$14.0M$14.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common stock dividends per share cash paid$0.2$0.2$0.2$0.2$0.2—
Dividends Per Share, Cash Paid$0.2$0.2$0.2$0.2$0.2—
Common Stock Dividends Per Share Cash Paid$0.2$0.2$0.2$0.2$0.2—
Basic earnings per share$0.00$0.20$-0.03$-0.51$-0.21$0.41
Diluted earnings per share$0.00$0.19$-0.03$-0.51$-0.21$0.40
Common Stock Dividends Per Share (Cash Paid)$0.2$0.2$0.2$0.2$0.2—
Dividends per common share$0.2$0.2$0.2$0.2$0.2—
Dividends Per Share (Paid)$0.2$0.2$0.2$0.2$0.2—
Common Stock Dividends Per Share (Cash Paid)$0.2$0.2$0.2$0.2$0.2—
Common stock dividends per share cash paid$0.2$0.2$0.2$0.2$0.2—
Common stock dividends per share cash paid$0.2$0.2$0.2$0.2$0.2—

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Interest$52.0M$47.0M$58.0M$89.0M$83.0M$54.0M
Non-Marketable Equity Securities Impairment$1.3M—————
Income from equity method investments$0.0-$12.0M$6.0M-$34.0M-$6.0M-$13.0M
Other Charges$105.0M$43.0M$29.0M-$4.0M$33.0M$50.0M
Interest expense$52.0M$66.0M$74.0M$90.0M$87.0M$65.0M
Other income (expense), net$105.0M$43.0M$29.0M-$4.0M$33.0M$50.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends$14.0M$14.0M$14.0M$15.0M$14.0M$14.0M
Net income$0.0$20.0M-$3.0M-$49.0M-$20.0M$38.0M
Common Stock Dividends$14.0M$14.0M$14.0M$15.0M$14.0M$14.0M
Noncontrolling Interest Increase from Business Combination$69.3M$1.3M$1.3M$1.3M$1.3M—

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$0.0$52.0M$38.0M-$17.0M$8.0M$57.0M
Income (Loss) from Continuing Operations Before Income Taxes, Domestic$185.5M-$40.8M-$40.8M-$40.8M-$40.8M—
Income (Loss) from Continuing Operations Before Income Taxes, Foreign$205.3M$61.0M$61.0M$61.0M$61.0M—
Income Before Tax, Domestic$185.5M-$40.8M-$40.8M-$40.8M-$40.8M—
Income Before Tax, Foreign$205.3M$61.0M$61.0M$61.0M$61.0M—

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Rental income$2.0M$2.5M$2.5M$2.5M$2.5M—
Total revenue$1.6B$1.7B$1.8B$1.8B$1.8B$1.7B