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Sep 30, 2021

Hilton Q3 2021 Earnings Report

Hilton's third quarter results reflected recovery from the adverse impact of the COVID-19 pandemic, with strong leisure travel and continued pickup in business travel.

Key Takeaways

Hilton Worldwide Holdings Inc. reported its third quarter 2021 results, showing recovery from the COVID-19 pandemic with strong leisure travel and a pickup in business travel. Diluted EPS was $0.86, net income was $240 million, and Adjusted EBITDA was $519 million. System-wide comparable RevPAR increased 98.7 percent compared to 2020 but decreased 18.8 percent compared to 2019.

Diluted EPS was $0.86 for the third quarter, and diluted EPS, adjusted for special items, was $0.78.

Net income was $240 million for the third quarter.

Adjusted EBITDA was $519 million for the third quarter.

System-wide comparable RevPAR increased 98.7 percent on a currency neutral basis for the third quarter from the same period in 2020.

Total Revenue
$1.75B
Previous year: $933M
+87.5%
EPS
$0.78
Previous year: $0.06
+1200.0%
System-wide RevPAR
90.39%
Previous year: 44.95%
+101.1%
Gross Profit
$605M
Previous year: $197M
+207.1%
Cash and Equivalents
$1.39B
Previous year: $3.47B
-60.0%
Free Cash Flow
$270M
Previous year: -$108M
-350.0%
Total Assets
$15.3B
Previous year: $17.1B
-10.6%

Hilton

Hilton

Hilton Revenue by Segment

Forward Guidance

Full year 2021 net unit growth is expected to be between 5.0 percent and 5.5 percent

Revenue & Expenses

Visualization of income flow from segment revenue to net income