Financials Hilton Worldwide Holdings Inc.

Equities

HLT

US43300A2033

Hotels, Motels & Cruise Lines

Market Closed - Nyse Other stock markets 04:00:02 2024-09-13 pm EDT			5-day change	1st Jan Change
216.82 ^USD	+0.32%		+1.75%	+19.07%

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

Projected Income Statement: Hilton Worldwide Holdings Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	9,452	4,307	5,788	8,773	10,235	11,250	12,126	13,230
Change	-	-54.43%	34.39%	51.57%	16.66%	9.92%	7.78%	9.11%
EBITDA ¹	2,308	842	1,629	2,599	3,089	3,398	3,674	4,002
Change	-	-63.52%	93.47%	59.55%	18.85%	10%	8.14%	8.91%
EBIT ¹	1,657	-418	1,010	2,094	2,225	2,759	3,233	3,576
Change	-	-	-	107.33%	6.26%	24.01%	17.15%	10.62%
Interest Paid ¹	-414	-429	-397	-415	-464	-552.1	-616.7	-747.3
Earnings before Tax (EBT) ¹	1,244	-924	560	1,734	1,692	2,166	2,599	2,833
Change	-	-	-	209.64%	-2.42%	28.03%	19.98%	8.99%
Net income ¹	881	-715	410	1,255	1,141	1,536	1,854	2,038
Change	-	-	-	206.1%	-9.08%	34.62%	20.72%	9.89%
Announcement Date	2/11/20	2/17/21	2/16/22	2/9/23	2/7/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2
Net sales ¹	2,395	2,369	1,920	564	933	890	874	1,329	1,749	1,836	1,721	2,240	2,368	2,444	2,293	2,660	2,673	2,609	2,573	2,951	2,907	2,821	2,803	3,230	3,151	3,066	3,097	3,588
Change	-	-1.09%	-18.95%	-70.62%	65.43%	-4.61%	-1.8%	52.06%	31.6%	4.97%	-6.26%	30.16%	5.71%	3.21%	-6.18%	16.01%	0.49%	-2.39%	-1.38%	14.69%	-1.5%	-2.93%	-0.67%	15.24%	-2.43%	-2.72%	1.02%	15.85%
EBITDA ¹	605	586	363	51	224	204	198	400	519	512	448	679	732	740	641	811	834	803	750	917	886.4	843.1	800.4	982.5	971.7	914.4	854.4	1,088
Change	-	-3.14%	-38.05%	-85.95%	339.22%	-8.93%	-2.94%	102.02%	29.75%	-1.35%	-12.5%	51.56%	7.81%	1.09%	-13.38%	26.52%	2.84%	-3.72%	-6.6%	22.27%	-3.33%	-4.89%	-5.06%	22.76%	-1.1%	-5.9%	-6.56%	27.3%
EBIT ¹	519	348	68	-302	11	-195	21	224	432	333	369	598	623	504	498	674	653	400	533	725	761	717.4	670.3	848	853	802.6	731.4	928.7
Change	-	-32.95%	-80.46%	-	-	-	-	966.67%	92.86%	-22.92%	10.81%	62.06%	4.18%	-19.1%	-1.19%	35.34%	-3.12%	-38.74%	33.25%	36.02%	4.97%	-5.74%	-6.56%	26.5%	0.6%	-5.91%	-8.87%	26.96%
Charge d'intérêts ¹	-105	-110	-94	-106	-116	-113	-103	-101	-98	-95	-90	-99	-106	-120	-116	-111	-113	-124	-131	-141	-138	-141.7	-147	-152.5	-156.5	-162	-177	-189
Earnings before Tax (EBT) ¹	421	243	-17	-444	-114	-349	-144	127	340	237	291	513	527	403	302	568	548	274	365	591	624.2	576.6	520.9	707.2	686.3	635.1	565.5	773.5
Change	-	-42.28%	-	2,511.76%	-74.32%	206.14%	-58.74%	-	167.72%	-30.29%	22.78%	76.29%	2.73%	-23.53%	-25.06%	88.08%	-3.52%	-50%	33.21%	61.92%	5.61%	-7.63%	-9.65%	35.76%	-2.96%	-7.46%	-10.97%	36.79%
Net income ¹	288	175	18	-430	-79	-224	-108	130	241	147	212	368	347	328	206	411	377	147	265	421	438	406	395.5	509	486.3	452.9	413.4	555.8
Change	-	-39.24%	-89.71%	-	-81.63%	183.54%	-51.79%	-	85.38%	-39%	44.22%	73.58%	-5.71%	-5.48%	-37.2%	99.51%	-8.27%	-61.01%	80.27%	58.87%	4.03%	-7.29%	-2.59%	28.69%	-4.45%	-6.87%	-8.74%	34.47%
Announcement Date	10/23/19	2/11/20	5/7/20	8/6/20	11/4/20	2/17/21	5/5/21	7/29/21	10/27/21	2/16/22	5/3/22	7/27/22	10/26/22	2/9/23	4/26/23	7/26/23	10/25/23	2/7/24	4/24/24	8/7/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Hilton Worldwide Holdings Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	7,455	7,269	7,254	7,538	8,396	9,905	11,039	11,993
Change	-	-2.49%	-0.21%	3.92%	11.38%	17.97%	11.45%	8.64%
Announcement Date	2/11/20	2/17/21	2/16/22	2/9/23	2/7/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Hilton Worldwide Holdings Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	81	46	35	39	151	96.29	111.6	104.7
Change	-	-43.21%	-23.91%	11.43%	287.18%	-36.23%	15.86%	-6.13%
Free Cash Flow (FCF) ¹	1,303	662	74	1,642	1,795	1,733	2,060	2,346
Change	-	-49.19%	-88.82%	2,118.92%	9.32%	-3.46%	18.87%	13.86%
Announcement Date	2/11/20	2/17/21	2/16/22	2/9/23	2/7/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Hilton Worldwide Holdings Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	24.42%	19.55%	28.14%	29.62%	30.18%	30.2%	30.3%	30.25%
EBIT Margin (%)	17.53%	-9.71%	17.45%	23.87%	21.74%	24.53%	26.66%	27.03%
EBT Margin (%)	13.16%	-21.45%	9.68%	19.77%	16.53%	19.26%	21.44%	21.41%
Net margin (%)	9.32%	-16.6%	7.08%	14.31%	11.15%	13.65%	15.29%	15.4%
FCF margin (%)	13.79%	15.37%	1.28%	18.72%	17.54%	15.4%	16.99%	17.73%
FCF / Net Income (%)	147.9%	-92.59%	18.05%	130.84%	157.32%	112.83%	111.09%	115.1%
Profitability
ROA	11.45%	-4.51%	3.63%	8.77%	10.6%	18.4%	21.69%	24.71%
ROE	2,060.47%	-	-	-	-	-	-	-
Financial Health
Leverage (Debt/EBITDA)	3.23x	8.63x	4.45x	2.9x	2.72x	2.92x	3x	3x
Debt / Free cash flow	5.72x	10.98x	98.03x	4.59x	4.68x	5.72x	5.36x	5.11x
Capital Intensity
CAPEX / Current Assets (%)	0.86%	1.07%	0.6%	0.44%	1.48%	0.86%	0.92%	0.79%
CAPEX / EBITDA (%)	3.51%	5.46%	2.15%	1.5%	4.89%	2.83%	3.04%	2.62%
CAPEX / FCF (%)	6.22%	6.95%	47.3%	2.38%	8.41%	5.56%	5.42%	4.47%
Items per share
Cash flow per share ¹	4.772	2.538	0.3879	6.07	7.371	8.149	9.528	10.43
Change	-	-46.82%	-84.71%	1,464.84%	21.44%	10.56%	16.92%	9.45%
Dividend per Share ¹	0.6	0.15	-	0.45	0.6	0.5992	0.7031	0.816
Change	-	-75%	-	-	33.33%	-0.14%	17.34%	16.05%
Book Value Per Share ¹	-1.728	-5.368	-2.942	-3.98	-8.939	-14.98	-21.1	-27.76
Change	-	210.68%	-45.2%	35.3%	124.61%	67.6%	40.85%	31.54%
EPS ¹	3.04	-2.58	1.46	4.53	4.33	6.142	7.875	9.027
Change	-	-184.87%	-156.59%	210.27%	-4.42%	41.85%	28.22%	14.63%
Nbr of stocks (in thousands)	282,163	277,446	278,722	270,456	256,440	246,427	246,427	246,427
Announcement Date	2/11/20	2/17/21	2/16/22	2/9/23	2/7/24	-	-	-