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Hyatt Hotels H Reimbursed costs — Costs of goods and services sold

Other product segments

Distribution
$245M-7.9%

Similar metrics at other companies

Hilton Worldwide logo
HLTReimbursed expenses
$2.01B+6.0%
Hilton Worldwide logo
HLTReimbursement Revenue — Revenue
$1.98B+9.4%
Travel + Leisure logo
TNLReimbursable revenues — Net revenues
$113M+9.7%
Marriott Vacations Worldwide logo
VACCost reimbursements
$430M+15.3%
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VACCost reimbursements — Revenue from contracts with customers
$430M+15.3%
Hilton Grand Vacations logo
HGVCost reimbursements — Revenue
$149M+12.0%

Other financials

Income statement

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Revenue$1.7B+1.7%
Net income$38.0M+90.0%
EPS (diluted)$0.40+111%

Balance sheet

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Cash & equivalents$594.0M-65.8%
Total debt$5.1B+11.1%
Total equity$3.2B-6.7%
Total assets$13.9B-0.7%

Cash flow

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Operating cash flow$100.0M-34.6%
CapEx$23.0M-23.3%
Free cash flow$77.0M-37.4%

Valuation

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Market cap$17.62B+24.9%
Enterprise value$22.15B+13.0%
P/S2.5×+0.4×

Profitability

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Net margin-0.5%-13.3pp
FCF margin9.8%+2.0pp

Returns & leverage

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Return on equity-1%-24.9pp
Debt / equity1.6×+0.3×
Current ratio0.6×-0.4×

Where this comes from

Reported directly by Hyatt Hotels in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Hyatt Hotels’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hyatt Hotels's reimbursed costs — costs of goods and services sold?
Hyatt Hotels (H) reported reimbursed costs — costs of goods and services sold of $963M in Q1 2026.
How has Hyatt Hotels's reimbursed costs — costs of goods and services sold changed year-over-year?
Hyatt Hotels's reimbursed costs — costs of goods and services sold increased by 6.8% year-over-year, from $902M to $963M.
What is the long-term trend for Hyatt Hotels's reimbursed costs — costs of goods and services sold?
Over 3 years (2022 to 2025), Hyatt Hotels's reimbursed costs — costs of goods and services sold has grown at a 11.8% compound annual growth rate (CAGR), from $2.63B to $3.68B.
What does reimbursed costs — costs of goods and services sold mean?
This metric represents the pass-through expenses incurred by the company on behalf of managed or franchised properties, which are subsequently reimbursed by the property owners. These costs typically include payroll, marketing, and administrative expenses associated with operating the hotel properties under the company's brand standards. Because these are essentially cost-recovery items, they are recognized as both revenue and expense, having a neutral impact on the company's overall operating margin.