Hilton Worldwide HLT Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Management and Franchise | $893M+11.1% | $902M+8.5% | $928M+6.3% | $941M+8.2% | $804M+5.1% | |
| Ownership | $249M+6.4% | $345M+3.6% | $322M-2.4% | $332M-1.5% | $234M-8.2% | |
| Segment Adjusted EBITDA by Business | ||||||
| Management and Franchise | $893M+11.1% | $902M+8.5% | $928M+6.3% | $941M+8.2% | $804M+5.1% | |
| Ownership | $15M+87.5% | $61M+17.3% | $51M0.0% | $57M+5.6% | $8M-46.7% | |
| Revenue by Product | ||||||
| Base and other management fees | $95M+8.0% | $98M+19.5% | $93M+5.7% | $97M+4.3% | $88M-17.0% | |
| Cost reimbursement revenues | $1.76B+7.7% | $1.81B+13.9% | $1.84B+12.9% | $1.81B+7.0% | $1.63B+7.2% | |
| Franchise and licensing fees | $696M+11.4% | $671M+4.5% | $739M+5.9% | $745M+8.1% | $625M+9.5% | |
| Incentive management fees | $76M+5.6% | $101M+17.4% | $65M-1.5% | $75M+10.3% | $72M+2.9% | |
| Other revenues | $66M+43.5% | $65M+22.6% | $64M+10.3% | $77M+8.5% | $46M-8.0% | |
| Ownership | $249M+6.4% | $345M+3.6% | $322M-2.4% | $332M-1.5% | $234M-8.2% |
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.
