Hilton Worldwide HLT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Management and Franchise | $893M-1.0% | $902M-2.8% | $928M-1.4% | $941M+17.0% | $804M-3.2% | |
| Ownership | $249M-27.8% | $345M+7.1% | $322M-3.0% | $332M+41.9% | $234M-29.7% | |
| Segment Adjusted EBITDA by Business | ||||||
| Management and Franchise | $893M-1.0% | $902M-2.8% | $928M-1.4% | $941M+17.0% | $804M-3.2% | |
| Ownership | $15M-75.4% | $61M+19.6% | $51M-10.5% | $57M+613% | $8M-84.6% | |
| Revenue by Product | ||||||
| Base and other management fees | $95M-3.1% | $98M+5.4% | $93M-4.1% | $97M+10.2% | $88M+7.3% | |
| Cost reimbursement revenues | $1.76B-2.9% | $1.81B-1.6% | $1.84B+1.4% | $1.81B+11.1% | $1.63B+2.7% | |
| Franchise and licensing fees | $696M+3.7% | $671M-9.2% | $739M-0.8% | $745M+19.2% | $625M-2.6% | |
| Incentive management fees | $76M-24.8% | $101M+55.4% | $65M-13.3% | $75M+4.2% | $72M-16.3% | |
| Other revenues | $66M+1.5% | $65M+1.6% | $64M-16.9% | $77M+67.4% | $46M-13.2% | |
| Ownership | $249M-27.8% | $345M+7.1% | $322M-3.0% | $332M+41.9% | $234M-29.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Hilton Worldwide break its business down?
- Hilton Worldwide (HLT) reports revenue by business across 2 parts — Management and Franchise and Ownership. Each is extracted from the segment footnotes and tracked over time.
- Where does Hilton Worldwide's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Hilton Worldwide's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
