HLTHilton Worldwide Holdings Inc.

$70B

Q1 2024 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$2.6B+12.2% YoY

Gross Profit

$696M27.1% margin

Operating Income

$533M20.7% margin

Net Income

$265M10.3% margin

EPS (Diluted)

$1.04

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$346M

Free Cash Flow

$312M

Stock-Based Comp.

$41M

Balance Sheet

Total Assets

$15.9B

Total Liabilities

$18.7B

Stockholders' Equity

-$2.8B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.3B	+12.2%
Gross Profit	$696M	$647M	+7.6%
Operating Income	$533M	$498M	+7.0%
Net Income	$265M	$206M	+28.6%

Revenue Segments

Reimbursement Revenue

$1.5B59%

Management and Franchise

$571M22%

Hotel, Owned

$255M10%

Management Service, Base

$106M4%

Management Service, Incentive

$70M3%

Hotel, Other

$50M2%

HLT Q1 2024 Earnings — Hilton Worldwide Holdings Inc. Revenue & Financial Results | Market Cap Arena