Hilton Worldwide Holdings Inc (HLT)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	9,642,000	9,462,000	9,175,000	8,786,000	8,229,000	7,617,000	6,985,000	6,062,000	5,195,000	4,096,000	3,238,000	2,396,000	3,343,000	4,822,000	6,286,000	8,226,000	8,569,000	8,488,000	8,417,000	6,654,000
Revenue (ttm)	US$ in thousands	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	9,452,000	9,355,000	9,206,000	9,117,000
Gross profit margin		94.21%	94.54%	94.42%	94.24%	93.80%	93.17%	92.35%	91.27%	89.75%	84.05%	80.41%	73.84%	77.62%	83.80%	86.75%	89.60%	90.66%	90.73%	91.43%	72.98%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $9,642,000K ÷ $10,235,000K
= 94.21%

Hilton Worldwide Holdings Inc has been maintaining a consistently high level of gross profit margin over the past eight quarters, ranging from 88.48% to 88.85%. This indicates that the company efficiently manages its production costs and pricing strategies to generate strong profits from its core operations. The stability of the gross profit margin suggests that Hilton has effective cost control measures in place and has been able to maintain pricing power in its market. Overall, the consistent high gross profit margin reflects positively on the company's operational efficiency and ability to generate profitability from its revenue.