Hilton Worldwide Holdings (HLT) Operating Margin (2013 - 2026)
Hilton Worldwide Holdings (HLT) reported Operating Margin of 23.08% for Q1 2026, up 320.0% year-over-year from 5.5% in Q1 2025, and up 18.38% on a QoQ basis from 19.5% in Q4 2025.
Hilton Worldwide Holdings (HLT) has 14 years of Operating Margin data on file, last reported at 23.08% in Q1 2026.
- Quarterly Operating Margin rose 320.0% year-over-year to 23.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.08% (up 208.0% YoY) and the FY2025 annual result came in at 22.37%, up 116.0% from the prior year.
- Operating Margin rose to 23.08% in Q1 2026 per HLT's latest filing, from 19.5% in the prior quarter.
- Across five years, Operating Margin topped out at 26.7% in Q2 2022 and bottomed at 15.33% in Q4 2023.
- The 5-year median for Operating Margin is 21.73% (2024), against an average of 22.27%.
- The widest annual swing landed in 2022, when Operating Margin surged 1904 bps; it then sank 529 bps in 2023.
- Tracing HLT's Operating Margin over 5 years: stood at 20.62% in 2022, then decreased by 26 bps to 15.33% in 2023, then advanced by 15 bps to 17.57% in 2024, then rose by 11 bps to 19.5% in 2025, then increased by 18 bps to 23.08% in 2026.
- Per Business Quant, the three latest HLT Operating Margin figures stand at 23.08% (Q1 2026), 19.5% (Q4 2025), and 24.9% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 98.23 Bn | 97.78 Bn | 6.38 Bn | 15.99% |
| 2 | Hilton Worldwide Holdings | 73.53 Bn | 72.99 Bn | - | 23.08% |
| 3 | Intercontinental Hotels | 23.64 Bn | 22.51 Bn | - | - |
| 4 | Hyatt Hotels | 16.45 Bn | 16.11 Bn | 1.75 Bn | 6.75% |
| 5 | Wyndham Hotels & Resorts | 5.97 Bn | 5.89 Bn | 302.00 Mn | 34.86% |
| 6 | Choice Hotels International | 5.17 Bn | 5.13 Bn | 316.92 Mn | 17.63% |
| 7 | Civeo | 373.70 Mn | 357.15 Mn | 40.16 Mn | 1.81% |
| 8 | GreenTree Hospitality | 5.49 Mn | -227.74 Mn | 30.29 Mn | -28.38% |
| 9 | Atour Lifestyle Holdings | 1.18 Mn | -299.91 Bn | 241.80 Mn | 23.58% |
| 10 | H World | 1,745.92 | -1.44 Bn | 824.36 Mn | 24.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.08% |
| Dec 31, 2025 | 19.50% |
| Sep 30, 2025 | 24.90% |
| Jun 30, 2025 | 24.80% |
| Mar 31, 2025 | 19.89% |
| Dec 31, 2024 | 17.57% |
| Sep 30, 2024 | 21.73% |
| Jun 30, 2024 | 24.57% |
| Mar 31, 2024 | 20.72% |
| Dec 31, 2023 | 15.33% |
| Sep 30, 2023 | 24.43% |
| Jun 30, 2023 | 25.34% |
| Mar 31, 2023 | 21.72% |
| Dec 31, 2022 | 20.62% |
| Sep 30, 2022 | 26.31% |
| Jun 30, 2022 | 26.70% |
| Mar 31, 2022 | 21.44% |
| Dec 31, 2021 | 18.14% |
| Sep 30, 2021 | 24.70% |
| Jun 30, 2021 | 16.85% |
| Mar 31, 2021 | 2.40% |
| Dec 31, 2020 | -21.91% |
| Sep 30, 2020 | 1.18% |
| Jun 30, 2020 | -53.55% |
| Mar 31, 2020 | 3.54% |
| Dec 31, 2019 | 14.69% |
| Sep 30, 2019 | 21.67% |
| Jun 30, 2019 | 19.24% |
| Mar 31, 2019 | 14.16% |
| Dec 31, 2018 | 15.82% |
| Sep 30, 2018 | 17.09% |
| Jun 30, 2018 | 17.72% |
| Mar 31, 2018 | 13.45% |
| Dec 31, 2017 | 12.52% |
| Sep 30, 2017 | 15.88% |
| Jun 30, 2017 | 15.61% |
| Mar 31, 2017 | 11.45% |
| Dec 31, 2016 | 13.27% |
| Sep 30, 2016 | 14.19% |
| Jun 30, 2016 | 14.00% |
| Mar 31, 2016 | 9.85% |
| Dec 31, 2015 | 17.19% |
| Sep 30, 2015 | 22.90% |
| Jun 30, 2015 | 14.61% |
| Mar 31, 2015 | 18.85% |
| Dec 31, 2014 | 16.09% |
| Sep 30, 2014 | 16.83% |
| Jun 30, 2014 | 16.31% |
| Mar 31, 2014 | 14.30% |
| Dec 31, 2013 | 3.37% |
| Sep 30, 2013 | 14.58% |
| Jun 30, 2013 | 16.97% |
| Mar 31, 2013 | 11.14% |