PerpEquities

Equity · Consumer cyclical

Is Hilton Worldwide (HLT) tradable as a perp? Not yet

Hilton Worldwide Holdings Inc. manages, franchises, and leases hotels and resorts, operating a brand portfolio including Waldorf Astoria and Hilton Hotels & Resorts, founded in 1919, headquartered in McLean, Virginia.

Not yet listed on any perp exchange

No perpetual-futures venue lists HLT yet. We track it continuously; as soon as the first listing appears, this page becomes a full market page. Until then: fundamentals below and tradable alternatives.

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TradingView symbol NYSE:HLT

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Company data

Company fundamentals

Updated 3h ago
Market cap
$68.8B
Updated 3h ago
Revenue
$12.5B
Trailing 12 months
Revenue growth
+8%
Next fiscal year
Profit margin
+12.7%
P/E
44.4
Peer P/E 26.7
Free cash flow
$2B
Trailing 12 months
More metrics
Net income
$1.6B
Trailing 12 months
P/S
5.5
Peer P/E
26.7
Similar listed perps
Revenue estimate
$13B
Next fiscal year
Earnings
2026-10-28
Revenue est. $3.4B · Updated 3h ago
Dividend
$0.15
2026-08-21

Fundamental detail

Annual + quarterly
Latest revenue$12B
Net margin+12.1%
Free cash flow$1.9B
Net debt$12.2B
2020$4.3B
2021$5.8B
2022$8.8B
2023$10.2B
2024$11.2B
2025$12B
PeriodRevenueGrowthNet incomeFCF
2020$4.3B-54%-$715M$616M
2021$5.8B+34%$410M$30M
2022$8.8B+52%$1.3B$1.6B
2023$10.2B+17%$1.1B$1.7B
2024$11.2B+9%$1.5B$1.8B
2025$12B+8%$1.5B$1.9B
PeriodGross marginOperating marginNet marginROEROA
2020+13.5%-9.7%-16.6%+48.0%-4.3%
2021+28.6%+17.4%+7.1%-49.9%+2.7%
2022+30.8%+23.9%+14.3%-113.9%+8.1%
2023+28.6%+21.7%+11.1%-48.3%+7.4%
2024+27.4%+21.2%+13.7%-41.2%+9.3%
2025+41.1%+22.4%+12.1%-27.0%+8.7%
PeriodCashDebtNet debtCurrent ratio
2020$3.2B$11.6B$8.4B1.73
2021$1.4B$9.8B$8.3B0.95
2022$1.2B$9.7B$8.5B0.85
2023$800M$10.1B$9.3B0.70
2024$1.3B$12B$10.7B0.70
2025$918M$13.1B$12.2B0.66
PeriodMarket capEnterprise valueP/SP/E
2020$30.8B$39.2B7.2-42.8
2021$43.5B$51.9B7.5106.1
2022$34.7B$43.2B4.027.7
2023$47.7B$57B4.741.9
2024$61.2B$71.9B5.539.9
2025$67.8B$80B5.646.5
Q3 2024$2.9B
Q4 2024$2.8B
Q1 2025$2.7B
Q2 2025$3.1B
Q3 2025$3.1B
Q4 2025$3.1B
Q1 2026$2.9B
Q2 2026$3.3B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$2.9B+7%$344M$617M
Q4 2024$2.8B+7%$505M$534M
Q1 2025$2.7B+5%$300M$412M
Q2 2025$3.1B+6%$440M$635M
Q3 2025$3.1B+9%$420M$766M
Q4 2025$3.1B+11%$297M$151M
Q1 2026$2.9B+9%$385M$609M
Q2 2026$3.3B+7%$482M$481M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+27.5%+21.7%+12.0%-9.9%+2.1%
Q4 2024+24.0%+17.6%+18.1%-13.5%+3.1%
Q1 2025+25.9%+19.9%+11.1%-6.9%+1.9%
Q2 2025+30.5%+24.8%+14.0%-9.6%+2.8%
Q3 2025+30.2%+24.9%+13.5%-8.5%+2.5%
Q4 2025+76.4%+19.5%+9.6%-5.5%+1.8%
Q1 2026+40.2%+23.1%+13.1%-6.5%+2.3%
Q2 2026+30.5%+25.7%+14.4%-7.6%+2.8%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$1.6B$12B$10.4B0.80
Q4 2024$1.3B$12B$10.7B0.70
Q1 2025$731M$11.9B$11.1B0.57
Q2 2025$371M$11.7B$11.3B0.54
Q3 2025$1.1B$12.4B$11.3B0.66
Q4 2025$918M$13.1B$12.2B0.66
Q1 2026$619M$13.1B$12.4B0.61
Q2 2026$1B$14B$13B0.65
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$56.7B$67.1B19.841.2
Q4 2024$60.1B$70.8B21.629.7
Q1 2025$54.6B$65.8B20.345.5
Q2 2025$63.1B$74.4B20.136.0
Q3 2025$61.5B$72.8B19.736.2
Q4 2025$67.8B$80B22.055.7
Q1 2026$69.6B$82.1B23.745.3
Q2 2026$75B$88B22.539.0

Refreshed 3h ago

Charts: revenue, profit, cash flow & valuation
Revenue$3.3BQ2 2026
$835.3M$1.7B$2.5B$3.3BQ3 2023: $2.7BQ4 2023: $2.6BQ1 2024: $2.6BQ2 2024: $3BQ3 2024: $2.9BQ4 2024: $2.8BQ1 2025: $2.7BQ2 2025: $3.1BQ3 2025: $3.1BQ4 2025: $3.1BQ1 2026: $2.9BQ2 2026: $3.3BQ3 2023Q2 2026
Net income$482MQ2 2026
$126.3M$252.5M$378.8M$505MQ3 2023: $377MQ4 2023: $147MQ1 2024: $265MQ2 2024: $421MQ3 2024: $344MQ4 2024: $505MQ1 2025: $300MQ2 2025: $440MQ3 2025: $420MQ4 2025: $297MQ1 2026: $385MQ2 2026: $482MQ3 2023Q2 2026
EBITDA$912MQ2 2026
$228M$456M$684M$912MQ3 2023: $701MQ4 2023: $431MQ1 2024: $532MQ2 2024: $766MQ3 2024: $668MQ4 2024: $532MQ1 2025: $596MQ2 2025: $823MQ3 2025: $809MQ4 2025: $642MQ1 2026: $730MQ2 2026: $912MQ3 2023Q2 2026
Free cash flow$481MQ2 2026
$191.5M$383M$574.5M$766MQ3 2023: $626MQ4 2023: $395MQ1 2024: $312MQ2 2024: $383MQ3 2024: $617MQ4 2024: $534MQ1 2025: $412MQ2 2025: $635MQ3 2025: $766MQ4 2025: $151MQ1 2026: $609MQ2 2026: $481MQ3 2023Q2 2026
EPS$2.1Q2 2026
$0.53$1.05$1.58$2.1Q3 2023: $1.44Q4 2023: $0.57Q1 2024: $1.04Q2 2024: $1.67Q3 2024: $1.38Q4 2024: $2.05Q1 2025: $1.23Q2 2025: $1.84Q3 2025: $1.77Q4 2025: $1.28Q1 2026: $1.66Q2 2026: $2.1Q3 2023Q2 2026
Cash / Debt$1BQ2 2026
$3.5B$7B$10.5B$14BQ3 2023 · Cash: $698MQ3 2023 · Debt: $9.5BQ4 2023 · Cash: $800MQ4 2023 · Debt: $10.1BQ1 2024 · Cash: $1.3BQ1 2024 · Debt: $10.9BQ2 2024 · Cash: $731MQ2 2024 · Debt: $11BQ3 2024 · Cash: $1.6BQ3 2024 · Debt: $12BQ4 2024 · Cash: $1.3BQ4 2024 · Debt: $12BQ1 2025 · Cash: $731MQ1 2025 · Debt: $11.9BQ2 2025 · Cash: $371MQ2 2025 · Debt: $11.7BQ3 2025 · Cash: $1.1BQ3 2025 · Debt: $12.4BQ4 2025 · Cash: $918MQ4 2025 · Debt: $13.1BQ1 2026 · Cash: $619MQ1 2026 · Debt: $13.1BQ2 2026 · Cash: $1BQ2 2026 · Debt: $14BQ3 2023Q2 2026
CashDebt
Profitability+30.5%Q2 2026
+19.1%+38.2%+57.3%+76.4%Q3 2023 · Gross margin: +30.5%Q4 2023 · Gross margin: +23.5%Q1 2024 · Gross margin: +27.1%Q2 2024 · Gross margin: +30.8%Q3 2024 · Gross margin: +27.5%Q4 2024 · Gross margin: +24.0%Q1 2025 · Gross margin: +25.9%Q2 2025 · Gross margin: +30.5%Q3 2025 · Gross margin: +30.2%Q4 2025 · Gross margin: +76.4%Q1 2026 · Gross margin: +40.2%Q2 2026 · Gross margin: +30.5%Q3 2023 · Operating margin: +24.4%Q4 2023 · Operating margin: +15.3%Q1 2024 · Operating margin: +20.7%Q2 2024 · Operating margin: +24.6%Q3 2024 · Operating margin: +21.7%Q4 2024 · Operating margin: +17.6%Q1 2025 · Operating margin: +19.9%Q2 2025 · Operating margin: +24.8%Q3 2025 · Operating margin: +24.9%Q4 2025 · Operating margin: +19.5%Q1 2026 · Operating margin: +23.1%Q2 2026 · Operating margin: +25.7%Q3 2023 · Net margin: +14.1%Q4 2023 · Net margin: +5.6%Q1 2024 · Net margin: +10.3%Q2 2024 · Net margin: +14.3%Q3 2024 · Net margin: +12.0%Q4 2024 · Net margin: +18.1%Q1 2025 · Net margin: +11.1%Q2 2025 · Net margin: +14.0%Q3 2025 · Net margin: +13.5%Q4 2025 · Net margin: +9.6%Q1 2026 · Net margin: +13.1%Q2 2026 · Net margin: +14.4%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+6.5%Q2 2026
+2.7%+5.5%+8.2%+10.9%Q3 2024: +7.3%Q4 2024: +6.7%Q1 2025: +4.7%Q2 2025: +6.3%Q3 2025: +8.8%Q4 2025: +10.9%Q1 2026: +9.0%Q2 2026: +6.5%Q3 2023Q2 2026
Shares outstanding229MQ2 2026
65.5M131M196.5M262MQ3 2023: 262MQ4 2023: 258MQ1 2024: 255MQ2 2024: 252MQ3 2024: 249MQ4 2024: 246MQ1 2025: 243MQ2 2025: 239MQ3 2025: 240MQ4 2025: 238MQ1 2026: 232MQ2 2026: 229MQ3 2023Q2 2026
Valuation39.0Q2 2026
20.039.959.979.9Q3 2023 · P/E: 25.9Q4 2023 · P/E: 79.9Q1 2024 · P/E: 50.6Q2 2024 · P/E: 31.7Q3 2024 · P/E: 41.2Q4 2024 · P/E: 29.7Q1 2025 · P/E: 45.5Q2 2025 · P/E: 36.0Q3 2025 · P/E: 36.2Q4 2025 · P/E: 55.7Q1 2026 · P/E: 45.3Q2 2026 · P/E: 39.0Q3 2023 · P/S: 14.6Q4 2023 · P/S: 17.9Q1 2024 · P/S: 20.8Q2 2024 · P/S: 18.1Q3 2024 · P/S: 19.8Q4 2024 · P/S: 21.6Q1 2025 · P/S: 20.3Q2 2025 · P/S: 20.1Q3 2025 · P/S: 19.7Q4 2025 · P/S: 22.0Q1 2026 · P/S: 23.7Q2 2026 · P/S: 22.5Q3 2023Q2 2026
P/EP/S
Revenue$12B2025
$3B$6B$9B$12B2018: $8.9B2019: $9.5B2020: $4.3B2021: $5.8B2022: $8.8B2023: $10.2B2024: $11.2B2025: $12B20182025
Net income$1.5B2025
-$152.5M$410M$972.5M$1.5B2018: $764M2019: $881M2020: -$715M2021: $410M2022: $1.3B2023: $1.1B2024: $1.5B2025: $1.5B20182025
EBITDA$2.9B2025
$594.3M$1.4B$2.1B$2.9B2018: $1.8B2019: $2B2020: -$164M2021: $1.1B2022: $2.3B2023: $2.3B2024: $2.5B2025: $2.9B20182025
Free cash flow$1.9B2025
$486M$972M$1.5B$1.9B2018: $1.1B2019: $1.2B2020: $616M2021: $30M2022: $1.6B2023: $1.7B2024: $1.8B2025: $1.9B20182025
EPS$6.122025
-$0.4$1.78$3.96$6.142018: $2.52019: $3.042020: -$2.582021: $1.462022: $4.532023: $4.322024: $6.142025: $6.1220182025
Cash / Debt$918M2025
$3.3B$6.5B$9.8B$13.1B2018 · Cash: $403M2018 · Debt: $7.3B2019 · Cash: $538M2019 · Debt: $9.2B2020 · Cash: $3.2B2020 · Debt: $11.6B2021 · Cash: $1.4B2021 · Debt: $9.8B2022 · Cash: $1.2B2022 · Debt: $9.7B2023 · Cash: $800M2023 · Debt: $10.1B2024 · Cash: $1.3B2024 · Debt: $12B2025 · Cash: $918M2025 · Debt: $13.1B20182025
CashDebt
Profitability+41.1%2025
-2.2%+12.3%+26.7%+41.1%2018 · Gross margin: +25.3%2019 · Gross margin: +25.8%2020 · Gross margin: +13.5%2021 · Gross margin: +28.6%2022 · Gross margin: +30.8%2023 · Gross margin: +28.6%2024 · Gross margin: +27.4%2025 · Gross margin: +41.1%2018 · Operating margin: +16.1%2019 · Operating margin: +17.5%2020 · Operating margin: -9.7%2021 · Operating margin: +17.4%2022 · Operating margin: +23.9%2023 · Operating margin: +21.7%2024 · Operating margin: +21.2%2025 · Operating margin: +22.4%2018 · Net margin: +8.6%2019 · Net margin: +9.3%2020 · Net margin: -16.6%2021 · Net margin: +7.1%2022 · Net margin: +14.3%2023 · Net margin: +11.1%2024 · Net margin: +13.7%2025 · Net margin: +12.1%20182025
Gross marginOperating marginNet margin
Revenue growth+7.7%2025
-27.9%-1.4%+25.1%+51.6%2019: +6.1%2020: -54.4%2021: +34.4%2022: +51.6%2023: +16.7%2024: +9.2%2025: +7.7%20182025
Shares outstanding238M2025
76.3M152.5M228.8M305M2018: 305M2019: 290M2020: 279M2021: 281M2022: 277M2023: 264M2024: 247.5M2025: 238M20182025
Valuation46.52025
-5.631.768.9106.12018 · P/E: 28.42019 · P/E: 36.12020 · P/E: -42.82021 · P/E: 106.12022 · P/E: 27.72023 · P/E: 41.92024 · P/E: 39.92025 · P/E: 46.52018 · P/S: 2.42019 · P/S: 3.42020 · P/S: 7.22021 · P/S: 7.52022 · P/S: 4.02023 · P/S: 4.72024 · P/S: 5.52025 · P/S: 5.620182025
P/EP/S

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20269.04$13B+8%16
FY 202710.40$14.2B+18%17
FY 202811.91$15.2B+27%7
FY 202914.16$16.5B+37%2
FY 203016.67$17.9B+48%4
Q1 20272.17$3.2B+8%8

Company events

6
2026-10-28EarningsActual - / Estimate 2.35-
2026-08-21Dividend$0.15-
2026-07-28EarningsActual 2.29 / Estimate 2.27Beat
2026-05-22Dividend$0.15-
2026-04-28EarningsActual 2.01 / Estimate 1.98Beat
2026-02-27Dividend$0.15-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
RACE$71.5B8.538.3+22.3%1MEITUAN$57.6B1.0-9.9-10.1%13F$52.7B0.3-7.1-3.9%1NKE$52.5B1.116.9+6.7%8EBAY$49.7B4.122.6+18.5%13MAR$88.4B3.335.3+9.6%3MELI$90.6B2.648.6+5.3%6CMG$42.9B3.530.7+11.4%2

Analyst track record

How the analysts covering HLT have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings96278
Analysts2228
Buy / hold / sell58 / 38 / 0145 / 133 / 0
Upgrades / downgrades / initiations2 / 0 / 23 / 3 / 7
Price targets hit / missed21 / 69 (23%)190 / 70 (73%)
Avg. return after a rating (TipRanks)-7.2%+20.2%
Best / worst call+19.6% / -22.4%+100.4% / -22.4%

After buy calls on this stock: median 21-day move +2.9% vs S&P 500 +0.3% (n = 144)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Brandt MontourBarclays100% hit rate on this stock · 19 targets measuredBuytarget $368Jul 28, 2026
  2. Stephen GramblingMorgan Stanley100% hit rate on this stock · 16 targets measuredBuytarget $332Jul 28, 2026
  3. Michael BellisarioRobert W. Baird100% hit rate on this stock · 13 targets measuredBuytarget $360Jul 29, 2026

Latest ratings

DateAnalystCallTarget
Sep 14, 2026Patrick ScholesTruist FinancialHoldMaintained$316article ↗
Sep 10, 2026Patrick ScholesTruist FinancialHoldMaintained$316article ↗
Sep 2, 2026Peter SupinoWolfe ResearchHoldInitiated–article ↗
Aug 17, 2026Richard ClarkeBernsteinHoldMaintained$320article ↗
Aug 13, 2026Robin M. FarleyUBSBuyMaintained$363article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$260$280$300$320$340$360Oct 25 · Buy 9 · Hold 8 · Sell 0Oct 25Nov 25 · Buy 11 · Hold 8 · Sell 0Dec 25 · Buy 11 · Hold 7 · Sell 0Dec 25Jan 26 · Buy 11 · Hold 6 · Sell 0Feb 26 · Buy 12 · Hold 9 · Sell 0Feb 26Mar 26 · Buy 12 · Hold 9 · Sell 0Apr 26 · Buy 10 · Hold 8 · Sell 0Apr 26May 26 · Buy 9 · Hold 8 · Sell 0Jun 26 · Buy 9 · Hold 8 · Sell 0Jun 26Jul 26 · Buy 10 · Hold 8 · Sell 0Aug 26 · Buy 11 · Hold 6 · Sell 0Aug 26Sep 26 · Buy 11 · Hold 7 · Sell 0Oct 25 · avg. target $284Nov 25 · avg. target $287Dec 25 · avg. target $289Jan 26 · avg. target $297Feb 26 · avg. target $321Mar 26 · avg. target $321Apr 26 · avg. target $346May 26 · avg. target $351Jun 26 · avg. target $349Jul 26 · avg. target $354Aug 26 · avg. target $358Sep 26 · avg. target $356Oct 25 · month-end close $257Nov 25 · month-end close $285Dec 25 · month-end close $287Jan 26 · month-end close $299Feb 26 · month-end close $312Mar 26 · month-end close $304Apr 26 · month-end close $324May 26 · month-end close $328Jun 26 · month-end close $330Jul 26 · month-end close $320Aug 26 · month-end close $316Sep 26 · month-end close $303

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 18, 2026 · 96 ratings