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Dec 31, 2019

Hilton Q4 2019 Earnings Report

Hilton reported strong bottom-line results driven by resilient business model and strong net unit growth.

Key Takeaways

Hilton's Q4 2019 results showed a decrease in system-wide comparable RevPAR by 1.0 percent due to a decrease in ADR. Diluted EPS was $0.61, adjusted EPS was $1.00. The company opened 18,500 rooms in the fourth quarter and approved 33,700 new rooms for development.

Diluted EPS was $0.61 for the fourth quarter and $3.04 for the full year, and diluted EPS, adjusted for special items, was $1.00 for the fourth quarter and $3.90 for the full year

Net income was $176 million for the fourth quarter and $886 million for the full year

Adjusted EBITDA was $586 million for the fourth quarter and $2,308 million for the full year

System-wide comparable RevPAR decreased 1.0 percent and increased 0.8 percent on a currency neutral basis for the fourth quarter and full year, respectively, from the same periods in 2018

Total Revenue
$2.37B
Previous year: $2.29B
+3.5%
EPS
$1
Previous year: $0.79
+26.6%
System-wide RevPAR
-1%
0
Gross Profit
$578M
Previous year: $575M
+0.5%
Cash and Equivalents
$538M
Previous year: $403M
+33.5%
Free Cash Flow
$187M
Previous year: $320M
-41.6%
Total Assets
$15B
Previous year: $14B
+6.9%

Hilton

Hilton

Hilton Revenue by Segment

Forward Guidance

Hilton's outlook excludes any potential impact of the coronavirus; additional information will be provided on Hilton's conference call.

Revenue & Expenses

Visualization of income flow from segment revenue to net income