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Hyatt Hotels vs Hilton Worldwide: revenue, profit, margins and growth compared

Hyatt Hotels brought in $7.1B of revenue in fiscal 2025, Hilton Worldwide $12B in fiscal 2025. Revenue changed by +6.8% at Hyatt Hotels and +7.7% at Hilton Worldwide on the year before, so Hilton Worldwide grew faster. Hyatt Hotels kept -0.7% of its revenue as net profit, Hilton Worldwide 12.1%. Free cash flow was $159M at Hyatt Hotels and $2B at Hilton Worldwide.

Side by side, latest fiscal year

HHLT
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$7.1B$12B
Revenue growth+6.8%+7.7%
Net income-$52M$1.5B
Net margin-0.7%12.1%
Free cash flow$159M$2B
Free cash flow margin2.2%16.8%
Earnings per share (diluted)-$0.55$6.12
Cash$787M$918M
Debt$4.3B$12.4B
Price to earningsn/a51.3
Market value$14.9B$70.7B
Dividend yield0.09%0.19%
Rank by revenue in sector#155 of 778 · Consumer discretionary#106 of 778 · Consumer discretionary

Over the years

Revenue
H FY2018: $4.5BH FY2019: $5BH FY2020: $2.1BH FY2021: $3BH FY2022: $5.9BH FY2023: $6.7BH FY2024: $6.6BH FY2025: $7.1BHLT FY2018: $8.9BHLT FY2019: $9.5BHLT FY2020: $4.3BHLT FY2021: $5.8BHLT FY2022: $8.8BHLT FY2023: $10.2BHLT FY2024: $11.2BHLT FY2025: $12BFY18FY19FY20FY21FY22FY23FY24FY25
H $7.1BHLT $12B
Net income
H FY2018: $769MH FY2019: $766MH FY2020: -$703MH FY2021: -$222MH FY2022: $455MH FY2023: $220MH FY2024: $1.3BH FY2025: -$52MHLT FY2018: $764MHLT FY2019: $881MHLT FY2020: -$715MHLT FY2021: $410MHLT FY2022: $1.3BHLT FY2023: $1.1BHLT FY2024: $1.5BHLT FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25
H -$52MHLT $1.5B
Net margin
H FY2018: 17.3%H FY2019: 15.3%H FY2020: -34.0%H FY2021: -7.3%H FY2022: 7.7%H FY2023: 3.3%H FY2024: 19.5%H FY2025: -0.7%HLT FY2018: 8.6%HLT FY2019: 9.3%HLT FY2020: -16.6%HLT FY2021: 7.1%HLT FY2022: 14.3%HLT FY2023: 11.1%HLT FY2024: 13.7%HLT FY2025: 12.1%FY18FY19FY20FY21FY22FY23FY24FY25
H -0.7%HLT 12.1%
Revenue growth
H FY2019: +12.7%H FY2020: -58.8%H FY2021: +46.6%H FY2022: +94.6%H FY2023: +13.2%H FY2024: -0.3%H FY2025: +6.8%HLT FY2019: +6.1%HLT FY2020: -54.4%HLT FY2021: +34.4%HLT FY2022: +51.6%HLT FY2023: +16.7%HLT FY2024: +9.2%HLT FY2025: +7.7%FY19FY20FY21FY22FY23FY24FY25
H +6.8%HLT +7.7%
Free cash flow
H FY2018: $44MH FY2019: $27MH FY2020: -$733MH FY2021: $204MH FY2022: $473MH FY2023: $602MH FY2024: $463MH FY2025: $159MHLT FY2018: $1.2BHLT FY2019: $1.3BHLT FY2020: $662MHLT FY2021: $74MHLT FY2022: $1.6BHLT FY2023: $1.8BHLT FY2024: $1.9BHLT FY2025: $2BFY18FY19FY20FY21FY22FY23FY24FY25
H $159MHLT $2B

Fiscal years as each company reports them; the two may end in different months.

Questions about Hyatt Hotels and Hilton Worldwide

Which is bigger by revenue, Hyatt Hotels or Hilton Worldwide?

Hilton Worldwide is bigger by revenue: $12B in fiscal 2025, against $7.1B for Hyatt Hotels in fiscal 2025.

Which keeps more of its revenue as profit, Hyatt Hotels or Hilton Worldwide?

Hyatt Hotels had a net margin of -0.7% in fiscal 2025; Hilton Worldwide had 12.1% in fiscal 2025.

Which grew revenue faster, Hyatt Hotels or Hilton Worldwide?

In their latest fiscal years revenue changed by +6.8% at Hyatt Hotels and +7.7% at Hilton Worldwide.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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