Hyatt Hotels Corporation Class A Common Stock (H) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.93	$1.12	+20.4%	—	$1.8B	—
Q1 26	$0.57	$0.63	+10.5%	—	$1.7B	—
Q3 25	$0.49	-$0.3	-161.2%	—	$1.8B	—
Q2 25	$0.67	$0.68	+1.5%	—	$1.8B	—
Q1 25	$0.36	$0.46	+27.8%	—	$1.7B	—
Q4 24	$0.79	$0.42	-46.8%	—	$1.6B	—
Q3 24	$0.94	$0.94	0.0%	—	$1.6B	—
Q2 24	$1.01	$1.53	+51.5%	—	$1.7B	—
Q1 24	$0.95	$0.71	-25.3%	—	$1.7B	—
Q4 23	$0.4	$0.64	+60.0%	—	$1.7B	—
Q3 23	$0.62	$0.7	+12.9%	—	$1.6B	—
Q2 23	$0.86	$0.82	-4.7%	—	$1.7B	—
Q1 23	$0.51	$0.41	-19.6%	—	$1.7B	—
Q4 22	$0.33	$2.55	+672.7%	—	$1.6B	—
Q3 22	$0.25	$0.64	+156.0%	—	$1.5B	—
Q2 22	$0.05	$0.46	+820.0%	—	$1.5B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$0.55	—	—	$7.1B	—
FY24	—	$13	—	—	$6.6B	—
FY23	—	$2.1	—	—	$6.7B	—
FY22	—	$4.17	—	—	$5.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$4.3B	$4.5B	$4.5B	$5B	$2.1B	$3B	$5.9B	$6.7B	$6.6B	$7.1B
YoY change	-1.46%	+4.62%	-0.18%	+12.7%	-58.8%	+46.6%	+94.6%	+13.2%	-0.28%	+6.81%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	4.3B	4.5B	4.5B	5B	2.1B	3B	5.9B	6.7B	6.6B	7.1B
Cost of revenue	3.4B	3.5B	3.5B	4.1B	2.1B	2.6B	4.6B	5.3B	5.4B	5.7B
Gross profit	909M	985M	979M	943M	-1M	425M	1.3B	1.3B	1.3B	1.4B
Gross margin	21.3%	22.1%	22%	18.8%	-0.05%	14%	21.9%	19.8%	19.5%	19.7%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	315M	377M	320M	417M	321M	366M	464M	615M	548M	555M
Operating expenses	315M	377M	320M	417M	321M	366M	464M	615M	548M	555M
Operating income	268M	260M	332M	197M	-632M	-273M	414M	322M	416M	479M
Operating margin	6.28%	5.83%	7.45%	3.92%	-30.6%	-9.02%	7.03%	4.83%	6.26%	6.75%
Non-operating income, net	62M	432M	667M	859M	-230M	452M	55M	59M	1.2B	-218M
Pretax income	282M	722M	951M	1B	-960M	44M	363M	310M	1.6B	81M
Income tax	76M	332M	182M	240M	-257M	266M	-92M	90M	267M	130M
Net income	206M	390M	769M	766M	-703M	-222M	455M	220M	1.3B	-49M
Net margin	4.83%	8.74%	17.3%	15.3%	-34%	-7.33%	7.72%	3.3%	19.5%	-0.69%
EBITDA	658M	891M	685M	582M	-362M	109M	930M	833M	960M	960M
EPS	1.55	1.99	6.79	7.33	-6.93	-2.13	4.17	2.1	13	-0.55
Diluted EPS	1.53	1.97	6.68	7.21	-6.93	-2.13	4.09	2.05	12.7	-0.55

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.6B	1.7B	1.7B	1.7B	1.6B	1.6B	1.7B	1.8B	1.8B	1.8B	1.7B	1.8B
Cost of revenue	1.3B	1.4B	1.4B	1.3B	1.3B	1.3B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B
Gross profit	336M	295M	309M	361M	319M	308M	332M	374M	344M	351M	340M	388M
Gross margin	20.7%	17.8%	18%	21.2%	19.6%	19.2%	19.3%	20.7%	19.3%	19.6%	19.5%	21.2%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	122M	181M	172M	117M	126M	136M	126M	152M	138M	139M	130M	180M
Operating expenses	122M	181M	172M	117M	126M	136M	126M	152M	138M	139M	130M	180M
Operating income	131M	14M	45M	160M	112M	96M	116M	115M	123M	125M	120M	142M
Operating margin	8.08%	0.84%	2.63%	9.4%	6.88%	5.99%	6.75%	6.36%	6.89%	6.99%	6.86%	7.76%
Non-operating income, net	-13M	17M	488M	318M	507M	-130M	-33M	-41M	-81M	-63M	-30M	72M
Pretax income	101M	9M	541M	462M	608M	-48M	52M	38M	-17M	8M	57M	182M
Income tax	33M	-17M	19M	103M	137M	8M	28M	42M	33M	27M	16M	73M
Net income	68M	26M	522M	359M	471M	-56M	24M	-4M	-50M	-19M	41M	109M
Net margin	4.19%	1.57%	30.5%	21.1%	28.9%	-3.5%	1.4%	-0.22%	-2.8%	-1.06%	2.35%	5.96%
EBITDA	274M	138M	277M	253M	229M	224M	228M	275M	214M	237M	228M	282M
EPS	0.65	0.26	5.08	3.55	4.75	-0.58	0.2	-0.03	-0.51	-0.21	0.41	1.17
Diluted EPS	0.63	0.25	4.93	3.46	4.63	-0.58	0.19	-0.03	-0.51	-0.21	0.4	1.14

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	7.3B	9.2B	7.7B	9.4B	7.5B	10B	9.9B	13.7B	15.7B	15.3B	15.2B
Enterprise value	8.4B	10.1B	8.6B	10.5B	9.3B	13.1B	12.2B	16.1B	18.3B	19.1B	19.2B
Shares outstanding	132.9M	124.8M	113.3M	104.6M	101.3M	104M	109.1M	104.9M	99.8M	95.5M	95.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	35.7	23.5	9.96	12.3	—	—	21.7	62.2	12.1	—	197
P/S	1.72	2.06	1.72	1.87	3.64	3.29	1.68	2.05	2.36	2.16	4.44
P/B	1.88	2.38	2.08	2.37	2.34	2.8	2.67	3.83	4.09	4.18	4.55
EV/EBITDA	12.7	11.3	12.6	18	-25.7	120.6	13.1	19.4	19.1	19.8	22.9
EV/Sales	1.96	2.26	1.93	2.09	4.5	4.34	2.07	2.42	2.76	2.68	5.66
Earnings yield	2.8%	4.25%	10%	8.16%	—	—	4.61%	1.61%	8.27%	—	0.51%
FCF yield	3.42%	3.15%	0.57%	0.29%	-9.75%	2.05%	4.79%	4.33%	2.96%	1.04%	1.12%
PEG	—	—	—	—	—	—	—	—	—	—	-0.05

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	21.3%	22.1%	22%	18.8%	-0.05%	14%	21.9%	19.8%	19.5%	19.7%	21.2%
Operating margin	6.28%	5.83%	7.45%	3.92%	-30.6%	-9.02%	7.03%	4.83%	6.26%	6.75%	16.7%
Net margin	4.83%	8.74%	17.3%	15.3%	-34%	-7.33%	7.72%	3.3%	19.5%	-0.69%	2.33%
ROE	5.27%	10.1%	20.9%	19.3%	-21.9%	-6.23%	12.3%	6.17%	33.9%	-1.34%	2.16%
ROA	2.66%	5.15%	10.1%	9.1%	-7.7%	-1.76%	3.7%	1.71%	9.73%	-0.35%	2.19%
ROIC	3.97%	2.96%	5.8%	2.97%	-12.7%	0%	6.9%	3.78%	5.3%	0%	2.39%
Return on tangible assets	3.27%	5.85%	13.2%	11.1%	-9.03%	-8.16%	16.4%	7.14%	33.2%	-1.84%	2.86%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.23	1.34	1.27	1.57	2.6	0.92	0.68	0.6	0.83	0.75	0.62
Quick ratio	1.2	1.32	1.25	1.56	2.6	0.92	0.68	0.59	0.83	0.75	0.62
Debt / equity	0.4	0.38	0.44	0.52	1.14	1.22	0.93	0.94	1.06	1.25	1.24
Debt / assets	0.2	0.19	0.21	0.24	0.4	0.35	0.28	0.26	0.3	0.32	0.32
Net debt / EBITDA	1.56	1.01	1.38	1.87	-4.88	29.1	2.47	2.97	2.79	3.9	4.06
Interest coverage	4.71	10	13.5	14.4	-6.5	1.27	3.42	3.14	9.68	1.26	1.75
Effective tax rate	27%	46%	19.1%	23.9%	0%	100%	0%	29%	17.1%	100%	64.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	32.1	35.8	39.3	48	20.4	29.1	54	63.6	66.6	74.4	35.7
EPS (basic)	1.55	1.99	6.79	7.33	-6.93	-2.13	4.17	2.1	13	-0.55	-0.55
EPS (diluted)	1.53	1.97	6.68	7.21	-6.93	-2.13	4.09	2.05	12.7	-0.55	0.81
Book value per share	29.4	30.9	32.5	37.9	31.7	34.3	33.9	34	38.3	38.3	35.1
FCF per share	1.89	2.32	0.39	0.26	-7.24	1.96	4.34	5.65	4.64	1.66	2.61
Cash per share	4.05	4.42	6.05	9.19	18.6	11.4	10.5	8.54	13.9	8.51	6.43
Capex per share	2.17	5.31	12.2	8.99	0.84	7.29	5.73	0.1	14.2	2.3	1.98

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	6.78%	14.9%	31%	18.7%	4.11%	25%	10.6%	0.15%	21.4%	3.1%	2.67%
Capex / operating cash flow	63%	68.2%	136.2%	81.3%	-16.1%	135.8%	66.8%	1.11%	78.9%	58%	43.1%
Payout ratio	0%	0%	8.84%	10.4%	-2.84%	0%	0%	21.4%	4.63%	-116.3%	74.1%
Dividend yield	0%	0%	0.89%	0.85%	0.27%	0%	0%	0.34%	0.38%	0.37%	0.37%

Yield

0.37%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.15

ex-dividend Aug 27, 2026

Payout ratio

74%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 27, 2026	$0.15
May 29, 2026	$0.15
Mar 2, 2026	$0.15
Nov 24, 2025	$0.15
Aug 27, 2025	$0.15
May 29, 2025	$0.15
Feb 28, 2025	$0.15
Nov 22, 2024	$0.15

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.6B	$1.7B	$1.7B	$1.7B	$1.6B	$1.6B	$1.7B	$1.8B	$1.8B	$1.8B	$1.7B	$1.8B
YoY change	+5.26%	+4.53%	+2.02%	-0.12%	+0.43%	-3.49%	+0.23%	+6.17%	+9.64%	+11.7%	+1.75%	+1.16%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	538M	552M	686M	961M	1.9B	1.2B	1.1B	896M	1.4B	813M
Receivables	304M	350M	427M	421M	316M	633M	834M	883M	1.1B	1.1B
Inventory	28M	14M	14M	12M	9M	10M	9M	9M	8M	8M
Total current assets	1.1B	1.3B	1.3B	1.7B	2.6B	2.1B	2.3B	2.1B	2.7B	2.2B
Property, plant & equipment	145M	154M	25M	664M	219M	229M	111M	64M	426M	328M
Goodwill & intangibles	1.4B	910M	1.8B	1.5B	1.3B	9.9B	9.5B	9.8B	9.4B	11.4B
Total assets	7.7B	7.6B	7.6B	8.4B	9.1B	12.6B	12.3B	12.8B	13.3B	14B
Accounts payable	162M	136M	151M	150M	102M	523M	500M	493M	475M	451M
Short-term debt	119M	11M	11M	43M	289M	45M	699M	792M	489M	41M
Total current liabilities	924M	992M	1.1B	1.1B	984M	2.2B	3.3B	3.6B	3.3B	2.9B
Long-term debt	1.4B	1.4B	1.6B	2B	3.4B	4.3B	2.8B	2.6B	3.6B	4.5B
Total liabilities	3.8B	3.7B	4B	4.5B	5.9B	9B	8.6B	9.3B	9.5B	10.4B
Shareholders' equity	3.9B	3.9B	3.7B	4B	3.2B	3.6B	3.7B	3.6B	3.8B	3.7B
Total debt	1.6B	1.5B	1.6B	2B	3.6B	4.4B	3.5B	3.4B	4.1B	4.6B
Net debt	1.1B	948M	1.1B	1.2B	2.4B	3.4B	2.5B	2.5B	3B	3.8B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	727M	896M	794M	2B	1.1B	1.4B	1.8B	912M	749M	813M	671M	606M
Receivables	762M	883M	895M	866M	960M	1.1B	1.2B	982M	930M	1.1B	1.1B	1.1B
Inventory	10M	9M	9M	9M	8M	8M	8M	9M	9M	8M	—	—
Total current assets	1.8B	2.1B	2B	3.1B	2.3B	2.7B	3.3B	2.3B	2.1B	2.2B	2.1B	2B
Property, plant & equipment	2.7B	64M	2.6B	2.4B	2B	426M	2B	2.1B	2.1B	328M	1.9B	1.9B
Goodwill & intangibles	9.9B	9.8B	7.7B	7.7B	7.6B	9.4B	9.5B	11.5B	11.4B	11.4B	11.2B	11.1B
Total assets	12.3B	12.8B	11.7B	12.8B	11.9B	13.3B	14B	15.9B	15.7B	14B	13.9B	14B
Accounts payable	369M	493M	539M	488M	346M	475M	560M	476M	360M	451M	612M	530M
Short-term debt	46M	792M	788M	1.2B	489M	489M	440M	442M	442M	41M	605M	605M
Total current liabilities	2.4B	3.6B	3.4B	3.7B	2.9B	3.3B	3.3B	3.3B	3.1B	2.9B	3.4B	3.3B
Long-term debt	3.3B	2.6B	2.6B	2.9B	2.9B	3.6B	4.2B	5.9B	5.9B	4.5B	3.9B	3.9B
Total liabilities	8.7B	9.3B	8.1B	8.9B	8.2B	9.5B	10.2B	12B	11.9B	10.4B	10.4B	10.4B
Shareholders' equity	3.6B	3.6B	3.7B	3.9B	3.7B	3.8B	3.8B	3.9B	3.8B	3.7B	3.6B	3.6B
Total debt	3.4B	3.4B	3.3B	4.2B	3.4B	4.1B	4.6B	6.3B	6.3B	4.6B	4.5B	4.5B
Net debt	2.7B	2.5B	2.6B	2.9B	2.3B	3B	2.9B	5.5B	5.6B	3.8B	3.9B	4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	206M	390M	769M	766M	-703M	-222M	455M	220M	1.3B	-49M
Depreciation & amortization	326M	348M	327M	364M	341M	337M	461M	439M	369M	359M
Stock-based compensation	26M	32M	28M	35M	28M	59M	61M	75M	64M	74M
Change in working capital	-61M	124M	-74M	10M	-159M	187M	279M	293M	239M	-7M
Operating cash flow	459M	972M	1B	1.2B	-527M	558M	936M	904M	1.8B	379M
Capital expenditure	289M	663M	1.4B	940M	85M	758M	625M	-10M	1.4B	-220M
Investing cash flow	-161M	755M	671M	933M	-614M	-1.7B	617M	-167M	251M	-1.3B
Dividends paid	0	0	-68M	-80M	-20M	0	0	-47M	-60M	-57M
Share repurchases	-272M	-743M	-946M	-421M	-69M	0	-369M	-453M	-1.2B	-293M
Financing cash flow	-96M	-858M	-850M	-541M	1.5B	1.3B	-1.1B	-578M	-618M	-954M
Net change in cash	202M	869M	836M	1.5B	384M	185M	447M	159M	1.4B	-1.9B
Free cash flow	251M	289M	44M	27M	-733M	204M	473M	592M	463M	159M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	68M	26M	522M	359M	471M	-56M	24M	-4M	-50M	-19M	41M	109M
Depreciation & amortization	109M	114M	102M	93M	90M	84M	88M	91M	91M	89M	85M	81M
Stock-based compensation	14M	15M	31M	15M	9M	9M	31M	15M	15M	13M	28M	17M
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	168M	62M	577M	473M	494M	-72M	211M	-67M	-20M	313M	100M	50M
Capital expenditure	-10M	0	214M	473M	723M	11M	—	-44M	-69M	-77M	-23M	-22M
Investing cash flow	-12M	3M	76M	-306M	1.3B	-851M	278M	-1.4B	-89M	-109M	-113M	-51M
Dividends paid	-16M	-15M	-15M	-16M	-15M	-14M	-14M	-14M	-15M	-14M	-14M	-14M
Share repurchases	-144M	-95M	-388M	-134M	-657M	-11M	-149M	0	-30M	-114M	-135M	-12M
Financing cash flow	-203M	-112M	-444M	-149M	-1.4B	566M	340M	596M	-69M	-1.8B	-174M	-54M
Net change in cash	-47M	-47M	209M	18M	405M	-357M	829M	-830M	-178M	-1.6B	-187M	-55M
Free cash flow	-9M	310M	208M	135M	-64M	184M	123M	-111M	-89M	236M	77M	28M

Hyatt Hotels Corporation Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement