Hilton Worldwide Holdings Inc (HLT)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,141,000 | 1,255,000 | 410,000 | -715,000 | 881,000 |
| Revenue | US$ in thousands | 10,235,000 | 8,773,000 | 5,788,000 | 4,307,000 | 9,452,000 |
| Net profit margin | 11.15% | 14.31% | 7.08% | -16.60% | 9.32% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,141,000K ÷ $10,235,000K
= 11.15%
The net profit margin of Hilton Worldwide Holdings Inc has shown varying trends over the past five years. In 2023, the net profit margin decreased to 11.15% from 14.31% in 2022, indicating a lower profitability level. However, the margin remained positive, reflecting that the company generated a profit relative to its total revenue.
In 2021, the net profit margin was 7.08%, showing a moderate profitability level compared to the preceding year. The significant decrease in the net profit margin in 2020 to -16.60% suggests that the company incurred substantial losses relative to its revenue, which could be attributed to various factors such as operational inefficiencies or exceptional expenses.
The positive rebound in 2019, with a net profit margin of 9.32%, indicates an improvement in profitability compared to the previous year. Overall, the fluctuating trend in the net profit margin of Hilton Worldwide Holdings Inc highlights the importance of monitoring and analyzing financial performance over time to understand the company's profitability dynamics.
Peer comparison
Dec 31, 2023