TORVANTA
Consumer Discretionary · S&P 500 · data as of 2026-10-05

HLT stock analysis: Hilton

Hilton (HLT) is an S&P 500 company in Hotels, Resorts & Cruise Lines. It grades weakest on value.

The model's view of HLT · subscribers

Where HLT ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with HLT · updated 2026-10-05 · from prices and SEC filings

HLT price performance

HLT against the S&P 500, one year
+0%+20%HLT +21%S&P 500 +18%2025-09-292026-10-05
Year to date+10.2%S&P 500 +14.5% · behind by 4.3 pts
1 year+22.6%S&P 500 +17.0% · ahead by 5.5 pts
3 years+112.5%S&P 500 +89.3% · ahead by 23.3 pts
5 years+129.3%S&P 500 +91.3% · ahead by 38.0 pts

Total returns with dividends reinvested.

HLT factor grades

Each grade compares HLT with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D-ValueP/E 46.4x (industry 16.2x)FCF yield 2.9% (industry 4.2%)
CGrowthRevenue growth +9% (industry +9%)EPS growth +5% (industry +12%)
BProfitabilityOperating margin 23.3% (industry 18.6%)ROIC 33.8% (industry 36.9%)
B+Momentum12-month change +23%From 52-wk high -10%

HLT in plain numbers

HLT key statistics

SectorConsumer Discretionary
IndustryHotels, Resorts & Cruise Lines
IndexS&P 500
Market value$71.1B
Revenue growth (y/y)+9%
Free-cash-flow yield2.9%
Dividend yield0.2%
Next earnings (expected)2026-10-21
Valuation measures
Market value$71.1B
Enterprise value$83.6B
P/E (trailing)46.4x
Forward P/E (Torvanta estimate)43.8x
PEG (Torvanta estimate)7.41
Price / sales5.7x
EV / revenue6.7x
EV / EBITDA26.9x
Financial highlights
Revenue, last 12 months$12.5B
Net income, last 12 months$1.6B
EPS, last 12 months (GAAP)$6.82
Operating margin23.3%
Net margin12.7%
Return on invested capital33.8%
Cash$1.0B
Total debt$13.4B
Free cash flow, last 12 months$2.0B
Interest cover4.4x
Current ratio0.65x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

HLT earnings trends

Revenue vs earnings
$0$835.2M$1.7B$2.5B$3.3BSep 2024 Revenue: $2.9BDec 2024 Revenue: $2.8BMar 2025 Revenue: $2.7BJun 2025 Revenue: $3.1BSep 2025 Revenue: $3.1BDec 2025 Revenue: $3.1BMar 2026 Revenue: $2.9BJun 2026 Revenue: $3.3BSep 2024 Net income: $344.0MDec 2024 Net income: $505.0MMar 2025 Net income: $300.0MJun 2025 Net income: $440.0MSep 2025 Net income: $420.0MDec 2025 Net income: $297.0MMar 2026 Net income: $385.0MJun 2026 Net income: $482.0MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 12.0%Net margin: 18.1%Net margin: 11.1%Net margin: 14.0%Net margin: 13.5%Net margin: 9.6%Net margin: 13.1%Net margin: 14.4%0%9%18%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.5$1.1$1.6$2.1Sep 2024 EPS (GAAP, diluted): $1.4Dec 2024 EPS (GAAP, diluted): $2.1Mar 2025 EPS (GAAP, diluted): $1.2Jun 2025 EPS (GAAP, diluted): $1.8Sep 2025 EPS (GAAP, diluted): $1.8Dec 2025 EPS (GAAP, diluted): $1.3Mar 2026 EPS (GAAP, diluted): $1.7Jun 2026 EPS (GAAP, diluted): $2.1Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +29% · Dec 2025 -38% · Mar 2026 +35% · Jun 2026 +14%

From the company's 10-Q and 10-K filings with the SEC.

Hilton financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$5.8B$8.8B$10.2B$11.2B$12.0B
Net income$410.0M$1.3B$1.1B$1.5B$1.5B
EPS (GAAP)$1.45$4.54$4.35$6.14$6.13
Free cash flow$74.0M$1.6B$1.8B$1.9B$2.0B

HLT earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-28$2.10+14%+6%-1.5%
2026-04-28$1.66+35%+9%-4.9%
2026-02-11$1.28-38%+11%+1.1%
2025-10-22$1.78+29%+9%+0.6%
2025-07-23$1.84+10%+6%-3.2%
2025-04-29$1.23+18%+5%+1.1%

About Hilton

HeadquartersMclean, VA
Industry (SEC code)Hotels & Motels
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE

From the company's SEC registration record.

Companies similar to HLT

CompanyMarket valueP/ERevenue growthOperating margin12-month change
HLT Hilton$71.1B46.4x+9%23.3%+23%
RCL Royal Caribbean$73.6B17.0x+9%27.3%-11%compare
MAR Marriott$92.8B36.8x+5%15.8%+34%compare
ABNB Airbnb$97.9Bn/a+14%20.8%+36%compare
BKNG Booking Holdings$119.0B1.2x+13%32.9%-26%
CCL Carnival$35.0B11.5x+5%16.3%-9%
EXPE Expedia$31.9B16.2x+12%16.0%+20%

All Consumer Discretionary stock ratings

Frequently asked questions

Is HLT stock a buy?

Torvanta does not tell individuals what to buy. Its grades for HLT are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is HLT's P/E ratio?

HLT trades at about 46.4 times its last 12 months of GAAP earnings reported to the SEC, and about 43.8 times Torvanta's own estimate of the next 12 months.

When does HLT report earnings next?

Based on its filing history, Torvanta expects Hilton to report around 2026-10-21.

Does HLT pay a dividend?

Yes. Its dividend yield is about 0.2%.

How has HLT performed against the S&P 500?

Over the past year HLT returned +22.6%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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