Cash flow Hilton Worldwide Holdings Inc.

Equities

HLT

US43300A2033

Hotels, Motels & Cruise Lines

Market Closed - Nyse Other stock markets 04:00:02 2024-09-12 pm EDT			5-day change	1st Jan Change
216.13 ^USD	+2.15%		+0.06%	+18.69%

Sep. 11	Hilton Worldwide Holdings Insider Bought Shares Worth $1,001,361, According to a Recent SEC Filing	MT
Sep. 05	Hilton Prices $1 Billion Debt Offering	MT

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Published financial data: HILTON WORLDWIDE HOLDINGS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	3.66B	1.53B	2.36B	3.63B	4.23B
Other Revenues, Total	101M	73M	79M	102M	178M
Total Revenues	3.77B	1.6B	2.44B	3.74B	4.41B
Cost of Goods Sold, Total	1.25B	620M	679M	999M	1.14B
Gross Profit	2.51B	980M	1.76B	2.74B	3.27B
Selling General & Admin Expenses, Total	452M	323M	390M	365M	405M
Depreciation & Amortization - (IS)	346M	331M	188M	162M	147M
Other Operating Expenses	149M	280M	155M	99M	449M
Other Operating Expenses, Total	947M	934M	733M	626M	1B
Operating Income	1.56B	46M	1.03B	2.11B	2.27B
Interest Expense, Total	-414M	-429M	-397M	-415M	-464M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-414M	-429M	-397M	-415M	-464M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-2M	-27M	-7M	5M	-16M
Other Non Operating Income (Expenses)	24M	10M	8M	33M	36M
EBT, Excl. Unusual Items	1.17B	-400M	636M	1.73B	1.82B
Restructuring Charges	-	-218M	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-104M	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-92M
Gain (Loss) On Sale Of Assets	81M	-	-7M	-	-
Asset Writedown	-	-154M	-	-	-38M
Other Unusual Items	-10M	-48M	-69M	-	-
EBT, Incl. Unusual Items	1.24B	-924M	560M	1.73B	1.69B
Income Tax Expense	358M	-204M	153M	477M	541M
Earnings From Continuing Operations	886M	-720M	407M	1.26B	1.15B
Net Income to Company	886M	-720M	407M	1.26B	1.15B
Minority Interest	-5M	5M	3M	-2M	-10M
Net Income - (IS)	881M	-715M	410M	1.26B	1.14B
Net Income to Common Incl Extra Items	881M	-715M	410M	1.26B	1.14B
Net Income to Common Excl. Extra Items	881M	-715M	410M	1.26B	1.14B
Per Share Items
Net EPS - Basic	3.07	-2.58	1.47	4.56	4.35
Basic EPS - Continuing Operations	3.07	-2.58	1.47	4.56	4.35
Basic Weighted Average Shares Outstanding	287M	277M	279M	275M	262M
Net EPS - Diluted	3.04	-2.58	1.46	4.53	4.33
Diluted EPS - Continuing Operations	3.04	-2.58	1.46	4.53	4.33
Diluted Weighted Average Shares Outstanding	290M	277M	281M	277M	264M
Normalized Basic EPS	2.54	-0.88	1.44	3.93	4.31
Normalized Diluted EPS	2.51	-0.88	1.43	3.91	4.28
Dividend Per Share	0.6	0.15	-	0.45	0.6
Payout Ratio	19.52	-5.87	-	9.8	13.85
American Depositary Receipts Ratio (ADR)	0.04	0.04	0.04	0.04	0.04
Supplemental Items
EBITDA	1.91B	377M	1.22B	2.27B	2.41B
EBITA	1.85B	320M	1.17B	2.23B	2.37B
EBIT	1.56B	46M	1.03B	2.11B	2.27B
EBITDAR	2.06B	523M	1.34B	2.39B	2.53B
Total Revenues (As Reported)	9.45B	4.31B	5.79B	8.77B	10.24B
Effective Tax Rate - (Ratio)	28.78	22.08	27.32	27.51	31.97
Current Domestic Taxes	250M	-38M	134M	387M	722M
Current Foreign Taxes	128M	69M	23M	56M	83M
Total Current Taxes	378M	31M	157M	443M	805M
Deferred Domestic Taxes	-66M	-136M	37M	22M	-333M
Deferred Foreign Taxes	46M	-99M	-41M	12M	69M
Total Deferred Taxes	-20M	-235M	-4M	34M	-264M
Normalized Net Income	728M	-245M	400M	1.08B	1.13B
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	14M	14M	27M	10M	9M
Non-Cash Pension Expense	-4M	-7M	-15M	-17M	-3M
Supplemental Operating Expense Items
General and Administrative Expenses	441M	311M	405M	382M	408M
Net Rental Expense, Total	144M	146M	125M	113M	118M
Imputed Operating Lease Interest Expense	58M	47.93M	36.88M	38.46M	44.22M
Imputed Operating Lease Depreciation	86M	98.07M	88.12M	74.54M	73.78M
Stock-Based Comp., G&A Exp. (Total)	154M	-	-	162M	169M
Stock-Based Comp., Other (Total)	-	97M	193M	-	-
Total Stock-Based Compensation	154M	97M	193M	162M	169M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	538M	3.22B	1.43B	1.21B	800M
Total Cash And Short Term Investments	538M	3.22B	1.43B	1.21B	800M
Accounts Receivable, Total	1.26B	771M	1.07B	1.33B	1.49B
Other Receivables	-	-	-	-	-
Total Receivables	1.26B	771M	1.07B	1.33B	1.49B
Inventory	-	-	-	-	-
Prepaid Expenses	130M	70M	89M	105M	131M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	92M	45M	85M	77M	75M
Other Current Assets, Total	72M	98M	202M	152M	121M
Total Current Assets	2.09B	4.2B	2.87B	2.87B	2.61B
Gross Property Plant And Equipment	1.76B	1.6B	1.5B	1.43B	1.52B
Accumulated Depreciation	-509M	-486M	-505M	-489M	-520M
Net Property Plant And Equipment	1.25B	1.12B	999M	942M	1B
Long-term Investments	-	-	-	108M	-
Goodwill	5.16B	5.1B	5.07B	5.03B	5.05B
Other Intangibles, Total	6.08B	5.82B	5.84B	5.89B	6.08B
Accounts Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	100M	194M	213M	204M	140M
Deferred Charges Long-Term	7M	-	-	-	-
Other Long-Term Assets, Total	273M	323M	452M	468M	512M
Total Assets	14.96B	16.76B	15.44B	15.51B	15.4B
Liabilities
Accounts Payable, Total	303M	224M	274M	368M	457M
Accrued Expenses, Total	1.45B	1.18B	598M	641M	691M
Current Portion of Long-Term Debt	-	-	-	1M	5M
Current Portion of Leases	170M	226M	194M	150M	150M
Current Income Taxes Payable	-	-	-	-	-
Unearned Revenue Current, Total	332M	370M	1.4B	1.54B	1.7B
Other Current Liabilities	618M	436M	556M	669M	715M
Total Current Liabilities	2.87B	2.43B	3.02B	3.37B	3.72B
Long-Term Debt	7.75B	10.32B	8.6B	8.58B	9.05B
Long-Term Leases	1.24B	1.17B	1.02B	958M	913M
Unearned Revenue Non Current	827M	1B	2.21B	2.27B	2.66B
Pension & Other Post Retirement Benefits	134M	143M	25M	40M	34M
Deferred Tax Liability Non Current	795M	649M	700M	735M	401M
Other Non Current Liabilities	1.81B	2.53B	680M	652M	964M
Total Liabilities	15.43B	18.24B	16.26B	16.61B	17.75B
Common Stock, Total	3M	3M	3M	3M	3M
Additional Paid In Capital	10.49B	10.55B	10.72B	10.83B	10.97B
Retained Earnings	-5.96B	-6.73B	-6.32B	-5.19B	-4.21B
Treasury Stock	-4.17B	-4.45B	-4.44B	-6.04B	-8.39B
Comprehensive Income and Other	-840M	-860M	-779M	-706M	-731M
Total Common Equity	-482M	-1.49B	-821M	-1.1B	-2.36B
Minority Interest	10M	4M	2M	4M	13M
Total Equity	-472M	-1.49B	-819M	-1.1B	-2.35B
Total Liabilities And Equity	14.96B	16.76B	15.44B	15.51B	15.4B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	277M	278M	279M	266M	252M
ECS Total Common Shares Outstanding	279M	278M	279M	268M	253M
Book Value / Share	-1.73	-5.37	-2.94	-4.11	-9.31
Tangible Book Value	-11.72B	-12.41B	-11.73B	-12.02B	-13.5B
Tangible Book Value Per Share	-42.01	-44.7	-42.02	-44.88	-53.24
Total Debt	9.16B	11.71B	9.82B	9.69B	10.12B
Net Debt	8.62B	8.49B	8.39B	8.48B	9.32B
Debt Equivalent of Unfunded Proj. Benefit Obligation	124M	132M	-9M	26M	14M
Debt Equivalent Oper. Leases	1.15B	1.17B	1B	904M	944M
Minority Interest, Total (Incl. Fin. Div)	10M	4M	2M	4M	13M
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	11M	11M	9M	9M	8M
Buildings, Total	382M	381M	365M	355M	364M
Machinery, Total	356M	346M	339M	299M	407M
Full Time Employees	173K	141K	142K	159K	178K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	44M	132M	126M	117M	131M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	881M	-715M	410M	1.26B	1.14B
Depreciation & Amortization - CF	60M	57M	53M	46M	43M
Amortization of Goodwill and Intangible Assets - (CF)	286M	274M	135M	116M	104M
Depreciation & Amortization, Total	346M	331M	188M	162M	147M
Amortization of Deferred Charges, Total - (CF)	45M	46M	48M	54M	59M
(Gain) Loss From Sale Of Asset	-81M	-	7M	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	92M
Asset Writedown & Restructuring Costs	-	258M	-	-	38M
(Income) Loss On Equity Investments - (CF)	2M	-	-	-	-
Stock-Based Compensation (CF)	154M	97M	193M	162M	169M
Other Operating Activities, Total	-103M	-263M	-131M	-50M	-471M
Change In Accounts Receivable	-105M	488M	-301M	-270M	-126M
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	99M	-414M	273M	198M	181M
Change in Unearned Revenues	-17M	215M	-128M	174M	215M
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	163M	665M	-450M	-4M	501M
Cash from Operations	1.38B	708M	109M	1.68B	1.95B
Capital Expenditure	-81M	-46M	-35M	-39M	-151M
Sale of Property, Plant, and Equipment	120M	-	6M	-	5M
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-124M	-46M	-44M	-63M	-96M
Investment in Marketable and Equity Securities, Total	-	-	-	-53M	-15M
Net (Increase) Decrease in Loans Originated / Sold - Investing	3M	4M	-	-46M	-22M
Other Investing Activities, Total	-41M	-19M	16M	78M	-26M
Cash from Investing	-123M	-107M	-57M	-123M	-305M
Long-Term Debt Issued, Total	2.2B	4.59B	1.51B	23M	609M
Total Debt Issued	2.2B	4.59B	1.51B	23M	609M
Long-Term Debt Repaid, Total	-1.55B	-2.12B	-3.23B	-48M	-183M
Total Debt Repaid	-1.55B	-2.12B	-3.23B	-48M	-183M
Issuance of Common Stock	-	-	52M	29M	51M
Repurchase of Common Stock	-1.56B	-323M	-49M	-1.65B	-2.39B
Common Dividends Paid	-172M	-42M	-	-123M	-158M
Common & Preferred Stock Dividends Paid	-172M	-42M	-	-123M	-158M
Other Financing Activities, Total	-29M	-72M	-76M	2M	33M
Cash from Financing	-1.11B	2.03B	-1.79B	-1.76B	-2.04B
Foreign Exchange Rate Adjustments	-2M	-	-10M	-19M	-12M
Net Change in Cash	146M	2.63B	-1.75B	-226M	-411M
Supplemental Items
Cash Interest Paid	360M	433M	359M	383M	492M
Cash Income Tax Paid (Refund)	363M	79M	181M	389M	478M
Levered Free Cash Flow	1.19B	218M	907M	1.52B	1.45B
Unlevered Free Cash Flow	1.43B	469M	1.14B	1.76B	1.72B
Change In Net Working Capital	-127M	-75M	-160M	-179M	-193M
Net Debt Issued / Repaid	653M	2.47B	-1.72B	-25M	426M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	6.76	0.18	4.01	8.52	9.16
Return on Total Capital	11.83	0.3	6.71	15	17.31
Return On Equity %	2.06K	73.54	-35.31	-131.14	-66.82
Return on Common Equity	2.55K	72.52	-35.48	-130.53	-65.92
Margin Analysis
Gross Profit Margin %	66.7	61.25	72.22	73.26	74.12
SG&A Margin