Hilton Worldwide Holdings Inc (HLT)

Return on total capital

		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 interest and tax (EBIT) (ttm)	US$ in thousands	2,146,000	2,269,000	2,244,000	2,180,000	2,147,000	1,960,000	1,765,000	1,382,000	960,000	394,000	-41,000	-583,000	-396,000	773,000	1,031,000	1,603,000	1,653,000	996,000	866,000	837,000
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	-2,360,000	-1,763,000	-1,431,000	-1,420,000	-1,102,000	-913,000	-789,000	-698,000	-821,000	-1,128,000	-1,417,000	-1,623,000	-1,490,000	-1,324,000	-1,299,000	-914,000	-482,000	-208,000	-30,000	100,000
Return on total capital		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	837.00%

December 31, 2023 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,146,000K ÷ ($—K + $-2,360,000K)
= —

Hilton Worldwide Holdings Inc's return on total capital has shown a steady growth trend over the past eight quarters. The figures have consistently improved from 17.18% in Q1 2022 to 33.10% in Q4 2023. This upward trajectory indicates that the company has been effectively utilizing its total capital to generate returns for its shareholders. The latest quarter's return of 33.10% is particularly impressive, demonstrating Hilton's ability to efficiently allocate its capital for profitable investments. Overall, the increasing trend in return on total capital reflects positively on Hilton Worldwide Holdings Inc's financial performance and management's ability to create value for its investors.