Hilton Worldwide Holdings Inc (HLT)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,779,000 | 1,714,000 | 1,769,000 | 1,745,000 | 1,682,000 | 1,809,000 | 1,791,000 | 1,739,000 | 1,732,000 | 1,570,000 | 1,383,000 | 998,000 | 563,000 | -21,000 | -474,000 | -1,021,000 | -825,000 | 347,000 | 616,000 | 1,193,000 |
| 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 |
| Pretax margin | 16.11% | 15.28% | 16.22% | 16.62% | 16.43% | 18.08% | 18.43% | 18.65% | 19.74% | 19.20% | 18.28% | 15.03% | 9.73% | -0.43% | -11.77% | -31.46% | -19.15% | 6.03% | 8.50% | 12.99% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,779,000K ÷ $11,043,000K
= 16.11%
The pretax margin of Hilton Worldwide Holdings Inc has displayed fluctuations over the reviewed periods. The trend shows a decrease from March 31, 2020, at 12.99% to negative values in subsequent quarters, indicating a decline in profitability. The company experienced significant challenges in December 31, 2020, and March 31, 2021, with the pretax margin dropping to -19.15% and -31.46%, respectively. However, a turnaround began in June 30, 2021, with a partial recovery to -11.77% and further improvement in the following quarters. By December 31, 2022, the pretax margin had recovered to 19.74%, reaching a peak in September 30, 2022, at 19.20%.
Throughout 2023, the pretax margin remained relatively stable, fluctuating around the mid to high teens, which suggests a period of operational consistency. By December 31, 2023, the pretax margin stood at 16.43%. The trend continued into 2024, with the pretax margin hovering around the mid to high teens, showing resilience and sustained performance. The pretax margin as of December 31, 2024, was recorded at 16.11%.
Overall, the analysis reveals a period of recovery and stability for Hilton Worldwide Holdings Inc, with the company successfully overcoming the challenges faced in 2020 and early 2021 to achieve improved profitability levels by the end of the review period in 2024.
Peer comparison
Dec 31, 2024