Hilton Worldwide (HLT) revenue breakdown

Consumer Cyclical · Lodging · Market cap $75.3B

By product, Cost reimbursement revenues is the largest at 59% of fiscal 2025 revenue; Franchise and licensing fees grew fastest, 9% a year over 7 years.

By region, Domestic Plan is the largest at 79% of fiscal 2025 revenue; All other grew fastest, 10% a year over 9 years.

Revenue by product

Fiscal years, as Hilton Worldwide reports them in its 10-K filings; fiscal 2025 total $12.0B.

Products20182019202020212022202320242025Share
Cost reimbursement revenues—$5.7B$2.7B$3.3B$5.0B$5.8B$6.4B$7.1B 59%
Franchise and licensing fees$1.5B$1.7B$945M$1.5B$2.1B$2.4B$2.6B$2.8B 23%
Ownership$1.5B$1.4B$421M$598M$1.1B$1.2B$1.3B$1.2B 10%
Base and other management fees$321M$332M$123M$176M$294M$342M$369M$376M 3%
Incentive management fees$235M$230M$38M$98M$196M$274M$290M$313M 3%
Other revenues$98M$101M$73M$79M$102M$178M$232M$252M 2%
Direct reimbursements from managed and franchised properties$2.9B——————— —
Indirect reimbursements from manged and franchised properties$2.4B——————— —

Revenue by region

Fiscal years, as Hilton Worldwide reports them in its 10-K filings; fiscal 2025 total $12.0B.

Regions2016201720182019202020212022202320242025Share
Domestic Plan$4.5B$6.0B$6.8B$7.4B$3.6B$4.8B$6.9B$8.0B$8.8B$9.5B 79%
All other$1.1B$2.1B$2.1B$2.0B$714M$1.0B$1.8B$2.2B$2.4B$2.5B 21%
United Kingdom$942M————————— —
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Questions

Where does Hilton Worldwide make its money?

In fiscal 2025, by product: Cost reimbursement revenues $7.1B, Franchise and licensing fees $2.8B, Ownership $1.2B, Base and other management fees $376M, Incentive management fees $313M.

From Hilton Worldwide's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.