HLT Q1 2023 Earnings — Hilton Worldwide Holdings Inc. Revenue & Financial Results | Market Cap Arena

HLTHilton Worldwide Holdings Inc.

$70B

Q1 2023 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$2.3B+33.2% YoY

Gross Profit

$647M28.2% margin

Operating Income

$498M21.7% margin

Net Income

$206M9.0% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

-6.2%

Cash Flow

Operating Cash Flow

$330M

Free Cash Flow

$267M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$15.2B

Total Liabilities

$16.6B

Stockholders' Equity

-$1.4B

Cash & Equivalents

$901M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$1.7B	+33.2%
Gross Profit	$647M	$515M	+25.6%
Operating Income	$498M	$369M	+35.0%
Net Income	$206M	$212M	-2.8%

Revenue Segments

Reimbursement Revenue

$1.4B59%

Management and Franchise

$508M22%

Hotel, Owned

$248M11%

Management Service, Base

$80M3%

Management Service, Incentive

$65M3%

Hotel, Other

$35M2%