Hilton Worldwide Holdings Inc (HLT)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 1,239,000 | 598,000 | 474,000 | 451,000 |
| 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 |
| Pretax margin | 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% | 13.11% | 6.39% | 5.15% | 4.95% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,682,000K ÷ $10,235,000K
= 16.43%
Hilton Worldwide Holdings Inc's pretax margin has shown some fluctuations over the past eight quarters. The trend indicates a gradual decline from Q4 2022 to Q1 2023, followed by a slight increase in Q2 and Q3 2023. However, in Q4 2023, there was a notable decrease in pretax margin to 16.53%. This could be a point of concern as it signifies a decline in the company's profitability before accounting for taxes. It is recommended to closely monitor future financial performance to understand the underlying factors contributing to these fluctuations and to take appropriate actions to improve profitability.
Peer comparison
Dec 31, 2023