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Hilton Worldwide HLT Operating margin

Operating margin at other companies

Marriott International logo
Marriott InternationalMAR
16%+0.9pp
Airbnb logo
AirbnbABNB
20.5%-1.7pp
Booking Holdings Inc. logo
Booking Holdings Inc.BKNG
32.6%+0.1pp
Host Hotels & Resorts logo
Host Hotels & ResortsHST
14.4%-0.5pp
Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
14.4%+4.6pp

Other financials

Income statement

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Revenue$2.9B+9.0%
Operating income$678.0M+26.5%
Net income$385.0M+28.3%
EPS (diluted)$1.66+35.0%

Balance sheet

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Cash & equivalents$619.0M-23.3%
Total debt$13.2B+5.4%
Total equity-$5.9B-34.9%
Total assets$16.4B+2.1%

Cash flow

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Operating cash flow$618.0M+36.7%
CapEx$9.0M-52.6%
Free cash flow$609.0M+40.7%

Valuation

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Market cap$79.52B+27.4%
Enterprise value$92.07B+23.8%
P/E51.6×+11.8×
P/S6.5×+0.9×

Profitability

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Net margin12.6%-1.3pp

Returns & leverage

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Return on equity82.6%
Debt / equity89.7×
Current ratio0.6×0.0×

Where this comes from

Calculated from Hilton Worldwide’s reported figures.

Based on trailing twelve months.

The official record: Hilton Worldwide’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hilton Worldwide's operating margin?
Hilton Worldwide (HLT) reported operating margin of 23.1% in Q1 2026.
How has Hilton Worldwide's operating margin changed year-over-year?
Hilton Worldwide's operating margin increased by 9.9% year-over-year, from 21% to 23.1%.
What is the long-term trend for Hilton Worldwide's operating margin?
Over 4 years (2021 to 2025), Hilton Worldwide's operating margin has grown at a 55.8% compound annual growth rate (CAGR), from 14.7% to 86.5%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.