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Mar 31, 2020

Hilton Q1 2020 Earnings Report

Hilton's first quarter results were reported, reflecting the material impact of the COVID-19 pandemic.

Key Takeaways

Hilton's first quarter results were impacted by the COVID-19 pandemic, particularly in March. Diluted EPS was $0.06, adjusted EPS was $0.74. Net income was $18 million, and Adjusted EBITDA was $363 million. System-wide comparable RevPAR decreased 22.6 percent.

Diluted EPS was $0.06 for the first quarter, and diluted EPS, adjusted for special items, was $0.74.

Net income was $18 million for the first quarter.

Adjusted EBITDA was $363 million for the first quarter.

System-wide comparable RevPAR decreased 22.6 percent on a currency neutral basis for the first quarter from the same period in 2019.

Total Revenue
$1.92B
Previous year: $2.2B
-12.9%
EPS
$0.74
Previous year: $0.8
-7.5%
System-wide RevPAR
76.16%
Previous year: 98.42%
-22.6%
Gross Profit
$345M
Previous year: $523M
-34.0%
Cash and Equivalents
$1.81B
Previous year: $382M
+372.5%
Free Cash Flow
$117M
Previous year: $341M
-65.7%
Total Assets
$15.8B
Previous year: $14.9B
+6.3%

Hilton

Hilton

Hilton Revenue by Segment

Forward Guidance

The company is currently experiencing unprecedented times as a result of the COVID-19 pandemic, and our number one priority remains protecting the safety and security of our guests, team members and owners. We have also taken precautionary measures to protect our business, including securing our liquidity position. Given the strength of our system and dedication of our people, we believe we are well-positioned to navigate this crisis and ultimately recover stronger.

Revenue & Expenses

Visualization of income flow from segment revenue to net income