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Host Hotels & Resorts (HST) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 2, 2025

Host Hotels & Resorts (HST) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), +8% from a year earlier and +12% from the quarter before. Operating margin was 17.9%, net earnings $248M (15.6% of revenue).

Revenue$1.6B
Year over year+8%
Quarter over quarter+12%
Operating margin17.9%
Net earnings$248M

Host Hotels & Resorts, Q1 2025: revenue $1.6B (+8% year over year), operating margin 17.9%, net earnings $248M, operating cash flow $305M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$1.6B+12%+8%
Operating profit$285M+82%-2%
Net earnings$248M+130%-7%
Operating cash flow$305M-8%-16%
Free cash flow$259M+10%-22%

What changed

Revenue was $1.6B in Q1 2025, up 8% year over year and up 12% from the previous quarter. Rooms was the largest line at 59% of revenue. Rooms added $0.09B year over year (up 10%), 69% of the total change.

Operating profit was $0.28B, a 17.9% margin (down 1.9 points year over year). Operating profit fell $0.01B even though revenue rose $0.12B versus a year earlier, so costs grew faster than sales. Total costs grew 11% against revenue growth of 8%. The fastest-growing cost line was General & admin (+15%). Net earnings were $0.25B, down 7% year over year. The effective tax rate was -0.4%.

Operating cash flow was $0.30B (down 16% year over year), 122% of net earnings. Non-cash charges added back $0.20B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.15B. Capital expenditures of $0.05B left free cash flow of $0.26B.

Questions

What was Host Hotels & Resorts' revenue in the first quarter 2025?

Host Hotels & Resorts (HST) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), +8% from a year earlier and +12% from the quarter before.

Was Host Hotels & Resorts profitable in the first quarter 2025?

Operating profit was $285M (17.9% of revenue) and net earnings $248M.

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Source: Host Hotels & Resorts 10-Q on SEC EDGAR.