Hilton Worldwide Holdings (HLT) Gross Margin (2013 - 2026)
Hilton Worldwide Holdings' Gross Margin came in at 91.85% for Q3 2026, up 0.73 percentage points from 91.12% a year earlier but down 0.19 percentage points from the prior quarter.
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Analysis
Hilton Worldwide Holdings (HLT) Gross Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Hilton Worldwide Holdings reported Gross Margin of 91.62%, up 0.95 percentage points year-over-year; for FY2025, it came in at 90.91%, up 0.99 percentage points from FY2024.
- Gross Margin has increased in each of the last five years, with a five-year change of +5.31 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 89.92% in FY2024 (+1.07 pp), 88.85% in FY2023 (+0.24 pp), 88.61% in FY2022 (+0.34 pp) and 88.27% in FY2021 (+2.66 pp).
- The five-year range for quarterly Gross Margin is 87.64% (Q4 2021) to 92.04% (Q2 2026).
- Year-over-year, Gross Margin has increased for 12 consecutive quarters, with an average year-over-year change of +0.92 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2021 (a gain of 3.59 percentage points), and the weakest in Q2 2022 (a drop of 0.79 percentage points).
- Business Quant data shows HLT's Gross Margin at 92.04% (Q2 2026), 92.00% (Q1 2026) and 90.54% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.89 Bn | 107.16 Bn | 1.54 Bn | 22.03% |
| 2 | Royal Caribbean Cruises | 85.86 Bn | 82.80 Bn | 2.88 Bn | 51.51% |
| 3 | Hilton Worldwide Holdings | 82.65 Bn | 79.38 Bn | 3.05 Bn | 91.85% |
| 4 | Carnival | 40.11 Bn | 33.29 Bn | - | - |
| 5 | Viking Holdings | 38.01 Bn | 23.14 Bn | 996.62 Mn | 45.50% |
| 6 | Trip.com | 28.80 Bn | -16.24 Bn | 1.84 Bn | 79.81% |
| 7 | Intercontinental Hotels | 27.21 Bn | 23.18 Bn | - | - |
| 8 | Hyatt Hotels | 17.23 Bn | 14.64 Bn | 384.00 Mn | 22.03% |
| 9 | H World | 15.45 Bn | 6.85 Bn | 456.00 Mn | 43.43% |
| 10 | U-Haul Holding | 11.57 Bn | 7.09 Bn | 1.64 Bn | 97.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 91.85% |
| Jun 30, 2026 | 92.04% |
| Mar 31, 2026 | 92.00% |
| Dec 31, 2025 | 90.54% |
| Sep 30, 2025 | 91.12% |
| Jun 30, 2025 | 90.88% |
| Mar 31, 2025 | 91.13% |
| Dec 31, 2024 | 89.47% |
| Sep 30, 2024 | 89.95% |
| Jun 30, 2024 | 89.90% |
| Mar 31, 2024 | 90.40% |
| Dec 31, 2023 | 88.81% |
| Sep 30, 2023 | 88.74% |
| Jun 30, 2023 | 88.83% |
| Mar 31, 2023 | 89.05% |
| Dec 31, 2022 | 87.97% |
| Sep 30, 2022 | 88.89% |
| Jun 30, 2022 | 88.53% |
| Mar 31, 2022 | 89.25% |
| Dec 31, 2021 | 87.64% |
API Access
Hilton Worldwide Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HLT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HLT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HLT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();