H vs MAR vs HLT Stock Comparison

Hyatt Hotels, Marriott International and Hilton Worldwide Holdings Prices as of Oct 23, 2026 Peers: Industry group
H Hyatt Hotels Corp
$172.43 +9.6% 1M +16.3% 1Y
Market cap
$16.22B
P/E
205.3x
Revenue (TTM)
$7.15B
Div. yield
0.00%
Hotels Consumer Discretionary
1 win

Head to Head

12 decided of 12

Marriott International leads on 7 of the 12 questions below (Marriott International 7, Hilton Worldwide Holdings 4, Hyatt Hotels 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHMARHLTLeader
Larger companyMarket capitalisation $16.22B $104.19B $79.78B MAR
Cheaper on earningsLower P/E, profitable companies only 205.3x 40.3x 50.4x MAR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 47.4x 34.1x 37.0x MAR
Faster revenue growthRevenue growth, trailing twelve months +5.8% +4.7% +8.7% HLT
More profitableNet margin, trailing twelve months 1.1% 9.6% 12.7% HLT
Better return on capitalReturn on invested capital -23.6% 25.5% 30.6% HLT
Less leveragedLower net debt / EBITDA -0.7x 3.3x 3.9x H
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% MAR
Better 1-year returnPrice return, last 12 months +16.3% +44.9% +30.7% MAR
Better 5-year returnAnnualised price return, 5 years +15.8%/yr +20.4%/yr +19.8%/yr MAR
Less volatileAnnualised volatility, 1 year 34.7% 27.2% 24.0% HLT
Higher overall scoreMean of the five percentile scores vs peers 25/100 48/100 44/100 MAR

Percentile Scorecard

HMARHLT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHMARHLT
Valuation 7 #27 of 29 21 #23 of 29 14 #25 of 29
Growth 32 #18 of 26 52 #13 of 26 44 #15 of 26
Profitability 24 #20 of 26 64 #10 of 26 84 #5 of 26
Financial Health 40 #19 of 31 43 #18 of 31 23 #24 of 31
Shareholder Returns 21 #16 of 20 58 #9 of 20 53 #10 of 20
Overall 25 48 44
  • H ranked among 32 companies in Travel and Lodging
  • MAR ranked among 32 companies in Travel and Lodging
  • HLT ranked among 32 companies in Travel and Lodging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHMARHLTSPY
1 month +9.6%+11.1%+13.8% -1.0%
3 months -7.9%+4.3%+7.6% +2.9%
6 months +5.0%+6.4%+4.2% +6.4%
Year to date +7.6%+25.9%+21.7% +11.4%
1 year +16.3%+44.9%+30.7% +13.1%
3 years +68.7%+105.5%+133.7% +79.4%
3 years, per year +19.1%+27.2%+32.7% +21.5%
5 years +108.5%+152.5%+146.8% +67.7%
5 years, per year +15.8%+20.4%+19.8% +10.9%
10 years +242.7%+481.9%+408.8% +255.2%
10 years, per year +13.1%+19.3%+17.7% +13.5%

Risk

MeasureHMARHLTSPY
Volatility, 1Y 34.7%27.2%24.0% 12.7%
Downside volatility, 1Y 33.9%24.8%21.9% 12.7%
Beta vs S&P 500, 1Y 0.960.630.64 1.00
Return / volatility, 1Y 0.471.651.28 1.03
Max drawdown, 5Y -37.3%-30.7%-32.7% -25.4%
From 52-week high -14.7%-3.3%-3.5% -2.5%
52-week high $202.09$404.00$362.30 $779.14
52-week low $135.42$260.58$256.96 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHMARHLT
P/E now vs peer median 205.8xmedian 18.8x 39.9xmedian 18.8x 50.1xmedian 18.8x
P/S now vs peer median 2.3xmedian 1.5x 3.8xmedian 1.5x 6.3xmedian 1.5x
EV/EBITDA now vs peer median -4.0xmedian 15.0x 23.9xmedian 15.0x 28.9xmedian 15.0x
P/FCF now vs peer median 64.5xmedian 16.0x 32.5xmedian 16.0x 38.9xmedian 16.0x
P/B now vs peer median 4.5xmedian 2.5x -22.5xmedian 2.5x -12.5xmedian 2.5x
PEG now vs peer median -4.92median 0.37 17.29median 0.37 4.01median 0.37

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHMARHLT
Revenue $7.15B $26.90B $12.49B
Gross profit $1.45B $5.33B $11.42B
Operating income -$5.27B $4.25B $2.92B
Net income $81.00M $2.59B $1.59B
Free cash flow $252.00M $3.13B $2.03B
EPS (diluted) $0.82 $9.78 $6.92
Cash & equivalents $537.00M $462.00M $1.01B
Total debt $19.28B $16.92B $13.34B
Shares (diluted) 96.70M 264.50M 229.00M
Enterprise value $13.38B $102.23B $76.23B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHMARHLT
P/E 205.8x 39.9x 50.1x
P/FCF 64.5x 32.5x 38.9x
P/Operating cash flow 36.7x 27.3x 37.4x
P/S 2.3x 3.8x 6.3x
P/B 4.5x -22.5x -12.5x
P/Tangible book 10.8x -6.8x -7.0x
EV/EBITDA -4.0x 23.9x 28.9x
EV/EBIT -3.8x 27.8x 31.3x
EV/Revenue 2.8x 4.4x 7.3x
EV/FCF 79.1x 37.8x 45.0x
EV/Operating cash flow 45.0x 31.7x 43.3x
PEG (3Y EPS CAGR) -4.92 17.29 4.01

Growth

14 metrics
MetricHMARHLT
Revenue growth (1Y) 5.8% 4.7% 8.7%
Revenue CAGR (3Y) 3.2% 5.5% 8.5%
Gross profit growth (1Y) 3.1% 6.6% 10.0%
Gross profit CAGR (3Y) -5.0% 1.3% 9.6%
Operating income growth (1Y) -5.3% 9.5% 20.2%
Operating income CAGR (3Y) -5.9% 2.0% 8.2%
Net income growth (1Y) -81.4% 4.9% -0.3%
Net income CAGR (3Y) -43.5% -2.4% 6.9%
EPS growth (1Y) -81.9% 8.9% 4.0%
EPS CAGR (3Y) -41.8% 2.3% 12.5%
Operating cash flow growth (1Y) 47.7% 49.8% -10.5%
Operating cash flow CAGR (3Y) -12.5% 9.3% 2.7%
Free cash flow growth (1Y) 90.9% 86.2% -9.8%
Free cash flow CAGR (3Y) -19.6% 8.6% 3.2%

Profitability

14 metrics
MetricHMARHLT
Gross margin 20.3% 19.8% 91.4%
EBITDA margin -69.3% 18.4% 25.3%
Operating margin -73.7% 15.8% 23.3%
Pretax margin 3.2% 12.9% 17.9%
Net margin 1.1% 9.6% 12.7%
FCF margin 3.5% 11.6% 16.3%
Operating cash flow margin 6.2% 13.9% 16.9%
Return on equity 2.3% – –
Return on assets 0.6% 9.2% 9.5%
Return on invested capital -23.6% 25.5% 30.6%
Return on capital employed -49.4% 21.2% 25.2%
Asset turnover 0.5x 1.0x 0.7x
Cash conversion (OCF / net income) 5.5x 1.4x 1.3x
Stock comp / revenue 1.0% 0.9% 1.5%

Financial Health

11 metrics
MetricHMARHLT
Debt / assets 30.6% 60.2% 78.8%
Debt / equity 1.2x -3.7x -2.1x
Net debt / EBITDA -0.7x 3.3x 3.9x
Debt / FCF 17.0x 5.4x 6.6x
Liabilities / assets 74.1% 116.1% 137.2%
Equity / assets 25.9% -16.1% -37.2%
Interest coverage -17.2x 5.0x 4.4x
Current ratio 0.6x 0.5x 0.6x
Quick ratio 0.5x 0.5x 0.6x
Cash ratio 0.2x 0.1x 0.2x
Altman Z-score 0.45 4.14 3.16

Shareholder Returns

7 metrics
MetricHMARHLT
Dividend yield 0.3% 0.7% 0.2%
Net buyback yield 1.8% 3.5% 4.1%
Shareholder yield 2.1% 4.2% 4.3%
Payout ratio (earnings) 70.4% 28.3% –
Payout ratio (FCF) 22.6% 23.3% –
Dividend growth (1Y) 0.0% 3.1% –
Dividend CAGR (3Y) 52.7% 13.2% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHMARHLT
Forward P/E 47.4xFY2026 34.1xFY2026 37.0xFY2026
EPS, next fiscal year $3.64FY2026 $11.45FY2026 $9.46FY2026
EPS growth, next FY +66.2%FY2026 +14.3%FY2026 +16.6%FY2026
EPS growth, the year after +39.6% +22.3% +2.4%
Revenue, next fiscal year $7.50BFY2026 $26.29BFY2026 $13.61BFY2026
Revenue growth, next FY +5.7%FY2026 +0.4%FY2026 +13.0%FY2026
Revenue growth, the year after +6.6% +4.4% +1.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHMARHLT
Held by institutions 100.0% 61.3% 93.9%
Institutions holding 528 1,751 1,285
Change in shares held, QoQ +2.2% +3.1% -1.5%
Institutions buying 239 860 690
Institutions selling 178 550 420
Buyers to sellers 1.34 1.56 1.64

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HMARHLT
H 1.00 0.74 0.76
MAR 0.74 1.00 0.83
HLT 0.76 0.83 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, H, MAR and HLT?

Marriott International (MAR) is the largest by market capitalisation: Hyatt Hotels (H) $16.22B, Marriott International (MAR) $104.19B, Hilton Worldwide Holdings (HLT) $79.78B.

Which stock is cheaper, H, MAR and HLT?

Marriott International (MAR) trades on the lowest price-to-earnings ratio (Hyatt Hotels (H) 205.3x, Marriott International (MAR) 40.3x, Hilton Worldwide Holdings (HLT) 50.4x). On next year's consensus earnings, Marriott International (MAR) is cheapest (Hyatt Hotels (H) 47.4x, Marriott International (MAR) 34.1x, Hilton Worldwide Holdings (HLT) 37.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hilton Worldwide Holdings (HLT) grew revenue fastest over the trailing twelve months: Hyatt Hotels (H) +5.8%, Marriott International (MAR) +4.7%, Hilton Worldwide Holdings (HLT) +8.7%.

Which company is more profitable?

Hilton Worldwide Holdings (HLT) has the highest net margin (Hyatt Hotels (H) 1.1%, Marriott International (MAR) 9.6%, Hilton Worldwide Holdings (HLT) 12.7%). On return on invested capital, Hilton Worldwide Holdings (HLT) leads (Hyatt Hotels (H) -23.6%, Marriott International (MAR) 25.5%, Hilton Worldwide Holdings (HLT) 30.6%).

Which stock has performed better?

Over the past year Marriott International (MAR) returned the most: Hyatt Hotels (H) +16.3%, Marriott International (MAR) +44.9%, Hilton Worldwide Holdings (HLT) +30.7%. Over five years, Marriott International (MAR) compounded fastest (Hyatt Hotels (H) +15.8%/yr, Marriott International (MAR) +20.4%/yr, Hilton Worldwide Holdings (HLT) +19.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Marriott International (MAR) has the highest dividend yield: Hyatt Hotels (H) 0.00%, Marriott International (MAR) 0.01%, Hilton Worldwide Holdings (HLT) 0.00%. Hilton Worldwide Holdings (HLT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Hilton Worldwide Holdings (HLT) has been the steadiest (Hyatt Hotels (H) 34.7%, Marriott International (MAR) 27.2%, Hilton Worldwide Holdings (HLT) 24.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, H, MAR and HLT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Marriott International (MAR) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.