Hyatt Hotels (H) financial statements
Hyatt Hotels reported revenue of $7.1B in fiscal 2025, up 5.8% a year over 9 years.
Net income was -$52M.
Free cash flow was $159M, and the company returned $57M in dividends and $293M in net buybacks.
The diluted share count fell 29% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Hyatt Hotels's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.3B | $4.5B | $4.5B | $5.0B | $2.1B | $3.0B | $5.9B | $6.7B | $6.6B | $7.1B |
| Selling, general and admin | $315M | $377M | $320M | $417M | $321M | $366M | $464M | $615M | $548M | $555M |
| Interest expense | $76M | $80M | $76M | $75M | $128M | $163M | $150M | $145M | $180M | $317M |
| Pre-tax income | $282M | $722M | $951M | $1.0B | -$960M | $44M | $363M | $310M | $1.6B | $81M |
| Income tax | $76M | $332M | $182M | $240M | -$257M | $266M | -$92M | $90M | $267M | $130M |
| Net income | $206M | $389M | $769M | $766M | -$703M | -$222M | $455M | $220M | $1.3B | -$52M |
| EPS (diluted) | $1.53 | $3.08 | $6.68 | $7.21 | -$6.93 | -$2.13 | $4.09 | $2.05 | $12.65 | -$0.55 |
| Diluted shares | 134M | 126M | 115M | 106M | 101M | 104M | 111M | 108M | 102M | 96M |
| Net margin | 4.8% | 8.7% | 17.3% | 15.3% | -34.0% | -7.3% | 7.7% | 3.3% | 19.5% | -0.7% |
Balance sheet
Fiscal years, from Hyatt Hotels's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $538M | $552M | $686M | $961M | $1.9B | $1.2B | $1.1B | $896M | $1.4B | $813M |
| Receivables | $304M | $350M | $427M | $421M | $316M | $633M | $834M | $883M | $1.1B | $1.1B |
| Inventory | $28M | $14M | $14M | $12M | $9M | $10M | $9M | $9M | $8M | $8M |
| Total current assets | $1.1B | $1.3B | $1.3B | $1.7B | $2.6B | $2.1B | $2.2B | $2.1B | $2.7B | $2.2B |
| Property, plant and equipment | $4.3B | $4.0B | $3.6B | $3.5B | $3.1B | $2.8B | $2.4B | $2.3B | $1.7B | $1.6B |
| Goodwill | $125M | $150M | $283M | $326M | $288M | $3.0B | $3.1B | $3.2B | $2.5B | $3.5B |
| Total assets | $7.7B | $7.6B | $7.6B | $8.4B | $9.1B | $12.6B | $12.3B | $12.8B | $13.3B | $14.0B |
| Total current liabilities | $924M | $992M | $1.1B | $1.1B | $984M | $2.2B | $3.3B | $3.6B | $3.3B | $2.9B |
| Long-term debt | $1.4B | $1.4B | $1.6B | $1.6B | $3.0B | $4.0B | $2.5B | $2.3B | $3.3B | $4.3B |
| Total liabilities | $3.8B | $3.7B | $4.0B | $4.5B | $5.9B | $9.0B | $8.6B | $9.3B | $9.5B | $10.4B |
| Shareholders' equity | $3.9B | $3.8B | $3.7B | $4.0B | $3.2B | $3.6B | $3.7B | $3.6B | $3.5B | $3.3B |
| Net debt | $963M | $937M | $1.1B | $719M | $1.8B | $3.0B | $1.5B | $1.4B | $2.3B | $3.5B |
Cash flow
Fiscal years, from Hyatt Hotels's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $462M | $587M | $341M | $396M | -$611M | $315M | $674M | $800M | $633M | $379M |
| Capital spending | $211M | $298M | $297M | $369M | $122M | $111M | $201M | $198M | $170M | $220M |
| Free cash flow | $251M | $289M | $44M | $27M | -$733M | $204M | $473M | $602M | $463M | $159M |
| Stock-based compensation | $26M | $32M | $28M | $35M | $28M | $59M | $61M | $75M | $64M | $74M |
| Dividends paid | $0 | $0 | $68M | $80M | $20M | $0 | $0 | $47M | $60M | $57M |
| Share buybacks (net) | -$272M | -$743M | -$946M | -$421M | -$69M | $0 | -$369M | -$453M | -$1.2B | -$293M |
| Net borrowing | -$438M | — | — | — | — | — | — | — | — | — |
| Free cash flow margin | 5.9% | 6.5% | 1.0% | 0.5% | -35.5% | 6.7% | 8.0% | 9.0% | 7.0% | 2.2% |
| Dividends per share | — | — | $0.59 | $0.75 | $0.20 | — | — | $0.44 | $0.59 | $0.60 |
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Open H in InvestinglyQuestions
What was Hyatt Hotels's revenue in 2025?
$7.1B in fiscal 2025, from its 10-K filing.
How much free cash flow does Hyatt Hotels generate?
$159M in fiscal 2025 (operating cash flow minus capital spending).
From Hyatt Hotels's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.