Filing Flows › Hilton Worldwide Holdings (HLT) › Q1 2025
Hilton Worldwide Holdings (HLT) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Hilton Worldwide Holdings (HLT) reported revenue of $2.7B for the first quarter 2025 (Q1 2025), +5% from a year earlier and -3% from the quarter before. Operating margin was 19.9%, net earnings $300M (11.1% of revenue).
Hilton Worldwide Holdings, Q1 2025: revenue $2.7B (+5% year over year), operating margin 19.9%, net earnings $300M, operating cash flow $452M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | -3% | +5% |
| Operating profit | $536M | +10% | +0.6% |
| Net earnings | $300M | -41% | +12% |
| Operating cash flow | $452M | -22% | +31% |
| Free cash flow | $433M | -19% | +31% |
What changed
Revenue was $2.7B in Q1 2025, up 5% year over year and down 3% from the previous quarter. Reimbursement Revenue was the largest line at 60% of revenue. Reimbursement Revenue added $0.11B year over year (up 7%), 89% of the total change. Base and other management fees declined 17%.
Operating profit was $0.54B, a 19.9% margin (down 0.8 points year over year). Of the extra revenue versus a year earlier, 2% reached operating profit, below the 21% margin then. Total costs grew 6% against revenue growth of 5%. Net earnings were $0.30B, up 13% year over year. The effective tax rate was 26.8%.
Operating cash flow was $0.45B (up 31% year over year), 151% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.02B left free cash flow of $0.43B.
Questions
What was Hilton Worldwide Holdings' revenue in the first quarter 2025?
Hilton Worldwide Holdings (HLT) reported revenue of $2.7B for the first quarter 2025 (Q1 2025), +5% from a year earlier and -3% from the quarter before.
Was Hilton Worldwide Holdings profitable in the first quarter 2025?
Operating profit was $536M (19.9% of revenue) and net earnings $300M.