Hilton Worldwide Holdings Inc (HLT)

Total asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	11,043,000	11,217,000	10,906,000	10,499,000	10,235,000	10,008,000	9,717,000	9,323,000	8,773,000	8,175,000	7,564,000	6,642,000	5,788,000	4,873,000	4,027,000	3,245,000	4,307,000	5,754,000	7,246,000	9,181,000
Total assets	US$ in thousands	16,522,000	16,689,000	15,737,000	15,932,000	15,401,000	15,200,000	15,297,000	15,211,000	15,512,000	15,508,000	15,382,000	15,459,000	15,441,000	15,314,000	15,090,000	15,974,000	16,755,000	17,129,000	17,126,000	15,788,000
Total asset turnover		0.67	0.67	0.69	0.66	0.66	0.66	0.64	0.61	0.57	0.53	0.49	0.43	0.37	0.32	0.27	0.20	0.26	0.34	0.42	0.58

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $11,043,000K ÷ $16,522,000K
= 0.67

The total asset turnover ratio of Hilton Worldwide Holdings Inc has been fluctuating over the past few years, ranging from 0.20 to 0.69. The ratio measures the efficiency with which the company generates sales revenue from its total assets.

At the beginning of the period in March 2020, the total asset turnover was relatively high at 0.58, indicating that the company was generating a significant amount of sales relative to its total assets. However, the ratio decreased sharply by the end of December 2020 to 0.26, suggesting a decline in efficiency in utilizing its assets to generate revenue.

Subsequently, the ratio showed some improvement by June 2021 at 0.27 but fluctuated throughout the following quarters. By the end of December 2024, the total asset turnover had stabilized around 0.67, indicating that the company had managed to increase its sales revenue relative to its total assets, albeit not reaching the initial levels observed in 2020.

Overall, the trend in the total asset turnover ratio of Hilton Worldwide Holdings Inc reflects variations in its efficiency in generating sales revenue from its asset base over the analyzed period.