HLT Q3 2023 Earnings — Hilton Worldwide Holdings Inc. Revenue & Financial Results | Market Cap Arena

HLTHilton Worldwide Holdings Inc.

$70B

Q3 2023 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$2.7B+12.9% YoY

Gross Profit

$815M30.5% margin

Operating Income

$653M24.4% margin

Net Income

$377M14.1% margin

EPS (Diluted)

$1.44

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$687M

Free Cash Flow

$626M

Stock-Based Comp.

$48M

Balance Sheet

Total Assets

$15.2B

Total Liabilities

$17.0B

Stockholders' Equity

-$1.8B

Cash & Equivalents

$698M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.4B	+12.9%
Gross Profit	$815M	$768M	+6.1%
Operating Income	$653M	$623M	+4.8%
Net Income	$377M	$347M	+8.6%

Revenue Segments

Reimbursement Revenue

$1.5B56%

Management and Franchise

$643M24%

Hotel, Owned

$335M13%

Management Service, Base

$81M3%

Management Service, Incentive

$63M2%

Hotel, Other

$45M2%