Filing Flows

Filing Flows › Companies › Hyatt Hotels › Cash flow

Hyatt Hotels cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow−$157M in Q3 2026 · $184M over twelve months

Operating cash flow−$135M
Capital spending−$22.0M
Free cash flow−$157M
Cash / net income-2.2×

Analysis

In Q3 2026, Hyatt Hotels generated −$135M of operating cash flow and spent $22.0M on capital projects, leaving free cash flow of −$157M. That is $68.0M less than in Q3 2025 (−$89.0M).

Over the twelve months to Sep 30, 2026, operating cash flow was $328M; the largest uses were other financing ($1.6B), buybacks ($408M), capital spending ($144M); besides operations, cash came from other investing ($1.6B); the cash balance fell by $242M.

Operating cash flow was −$135M against net income of $61.0M — -2.2× profit, less cash than reported earnings, worth checking against working capital. The largest differences: depreciation & amortization +$72.0M, impairments +$64.0M, deferred taxes −$45.0M.

Free cash flow

Hyatt Hotels: free cash flow by quarterHyatt Hotels: free cash flow by quarter$184MQ4 2024$123MQ1 2025−$111MQ2 2025−$89.0MQ3 2025$236MQ4 2025$77.0MQ1 2026$28.0MQ2 2026−$157MQ3 2026
Operating cash flow less capital spending.
Hyatt Hotels: operating cash flow against capital spendingHyatt Hotels: operating cash flow against capital spendingOperating cash flowCapital spending$235M$51.0MQ4 2024$153M$30.0MQ1 2025−$67.0M$44.0MQ2 2025−$20.0M$69.0MQ3 2025$313M$77.0MQ4 2025$100M$23.0MQ1 2026$50.0M$22.0MQ2 2026−$135M$22.0MQ3 2026
Latest (Q3 2026): Operating cash flow −$135M, Capital spending $22.0M.

Capital allocation, year by year

Hyatt Hotels: where the cash came from (up) and went (down), by fiscal yearHyatt Hotels: where the cash came from (up) and went (down), by fiscal yearOperating cash flowShares issuedCapital spendingAcquisitionsBuybacksDividendsFY2021: Operating cash flow $315MFY2021: Shares issued $575MFY2021: Capital spending −$111MFY2021: Acquisitions −$2.9B$890MFY2021FY2022: Operating cash flow $674MFY2022: Capital spending −$201MFY2022: Acquisitions −$174MFY2022: Buybacks −$369M$674MFY2022FY2023: Operating cash flow $800MFY2023: Capital spending −$198MFY2023: Acquisitions −$175MFY2023: Buybacks −$453MFY2023: Dividends −$47.0M$800MFY2023FY2024: Operating cash flow $633MFY2024: Capital spending −$170MFY2024: Acquisitions −$609MFY2024: Buybacks −$1.2BFY2024: Dividends −$60.0M$633MFY2024FY2025: Operating cash flow $379MFY2025: Capital spending −$220MFY2025: Acquisitions −$1.3BFY2025: Buybacks −$293MFY2025: Dividends −$57.0M$379MFY2025
Over these 5 years operating cash flow totalled $2.8B; the largest uses were acquisitions ($5.1B) and buybacks ($2.3B). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$495M
Debt$4.4B
Net debt$3.9B
Due within a year$4.0M

Hyatt Hotels funds itself: free cash flow was $184M over the last twelve months, and $495M of cash and investments stands against $4.4B of debt ($4.0M due within a year, 123.8× covered by cash).

Hyatt Hotels: debt maturities by year (FY2025)Hyatt Hotels: debt maturities by year (FY2025)$4.0MYear 1$604MYear 2$903MYear 3$654MYear 4$444MYear 5$1.7BAfter year 5
Principal due in each year as disclosed in the annual report, against $495M of cash and investments now.

Where the cash came from and went

Hyatt Hotels: sources (+) and uses (−) of cash, Q3 2026Hyatt Hotels: sources (+) and uses (−) of cash, Q3 2026Buybacks−$147MOther financing$140MOperating cash flow−$135MOther investing$98.0MCash drawn (+) / kept (−)$82.0MCapital spending−$22.0MDividends−$14.0MTaxes on employees’ shares−$1.0MExchange rates−$1.0M
Hyatt Hotels: sources (+) and uses (−) of cash, TTM to Q3 2026Hyatt Hotels: sources (+) and uses (−) of cash, TTM to Q3 2026Other investing$1.6BOther financing−$1.6BBuybacks−$408MOperating cash flow$328MCash drawn (+) / kept (−)$242MCapital spending−$144MDividends−$56.0MNot reconciled$50.0MTaxes on employees’ shares−$35.0MAcquisitions−$8.0MExchange rates$4.0M

From profit to cash

Hyatt Hotels: net income to operating cash flow, Q3 2026Hyatt Hotels: net income to operating cash flow, Q3 2026Net income$61.0MDepreciation & amortization$72.0MStock-based pay$11.0MDeferred taxes−$45.0MImpairments$64.0MOperating cash flow−$135M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.

Every quarter

QuarterOperating cash flowCapital spendingAcquisitionsBuybacksDividendsCash drawn (+) / kept (−)Free cash flow
Q3 2026−$135M−$22.0M—−$147M−$14.0M$82.0M−$157M
Q2 2026$50.0M−$22.0M—−$12.0M−$14.0M$56.0M$28.0M
Q1 2026$100M−$23.0M—−$135M−$14.0M$194M$77.0M
Q4 2025$313M−$77.0M—−$114M−$14.0M−$90.0M$236M
Q3 2025−$20.0M−$69.0M−$7.0M−$30.0M−$15.0M$153M−$89.0M
Q2 2025−$67.0M−$44.0M——−$14.0M$888M−$111M
Q1 2025$153M−$30.0M—−$149M−$14.0M−$724M$123M
Q4 2024$235M−$51.0M−$581M−$11.0M−$14.0M$93.0M$184M

Hyatt Hotels: income statement and cash flow

Hyatt Hotels, Q3 2026: revenue $1.7B (-2% year over year), operating margin 4.5%. The chart follows the revenue to costs, profit and cash.

Hyatt Hotels: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.