HST Host Hotels & Resorts margins

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Relative Growth: Rel. Growth: 61
Relative Strength: Rel. Strength: 71
Relative Valuation: Rel. Valuation: 84
Relative Profitability: Rel. Profitability: 65
Gross margin
29%
Operating margin
14.6%
EBITDA margin
33.8%
Net margin
16.5%

For the latest period, Host Hotels & Resorts has a gross margin of 29%, an operating margin of 14.6%, an EBITDA margin of 33.8%, and a net margin of 16.5%. The biggest improvement was in net margin, up 5.4 percentage points; the remaining margins held steady.

HST margin history

Gross, operating, EBITDA and net margin trends

Host Hotels & Resorts's margins averaged 29.04% gross, 15.09% operating, 30.84% EBITDA, and 13.34% net during the last 3 years. Against the three-year averages, EBITDA and net margins are above their three-year averages and gross and operating margins are below their three-year averages.

HST margin expansion

Year-over-year margin changes in percentage points

From the same period last year, operating margin expanded by 0.2 percentage points, EBITDA margin by 5.1 percentage points, and net margin by 5.4 percentage points, while gross margin was unchanged.

Gross margin expansion
0pp
Operating margin expansion
0.2pp
EBITDA margin expansion
5.1pp
Net margin expansion
5.4pp

HST Gross margin

Over the last 3 years, Host Hotels & Resorts's gross margin averaged 29.04%. The current gross margin of 29% is 0 percentage points below its three-year average. During this period, gross margin reached a high of 29.6% in Dec 2023 and a low of 28.6% in Dec 2025.

HST Operating margin

The average operating margin for Host Hotels & Resorts was 15.09% in the last 3 years. Against its three-year average, Host Hotels & Resorts's operating margin is currently 14.6%, 0.5 percentage points below its three-year average. The operating margin for Host Hotels & Resorts moved between 13.8% in Sep 2025 and 16.7% in Jun 2024.

HST EBITDA margin

The average EBITDA margin for Host Hotels & Resorts was 30.84% over the last 3 years. At present, Host Hotels & Resorts's current EBITDA margin is 33.8%, which is 3 percentage points above its three-year average. The EBITDA margin for Host Hotels & Resorts moved between 28.7% in Jun 2025 and 34% in Mar 2026.

HST Net margin

Over the last 3 years, Host Hotels & Resorts's net margin averaged 13.34%. The current net margin of 16.5% is 3.2 percentage points above its three-year average. During this period, net margin reached a high of 16.5% in Jun 2026 and a low of 11.1% in Jun 2025.

HST margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 29%, HST stands lower than the Real Estate sector and the industry average. Looking at the Real Estate sector average of 63%, Host Hotels & Resorts's gross margin is 54% lower.

HST margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Host Hotels & Resorts's gross margin?

For the period ending Jun 30, 2026, HST recorded a gross margin of 29%.

What is Host Hotels & Resorts's operating margin?

The current operating margin for HST is 14.6% as of Jun 30, 2026.

What is Host Hotels & Resorts's EBITDA margin?

The current EBITDA margin for HST is 33.8% as of Jun 30, 2026.

What is Host Hotels & Resorts's net margin?

The current net margin for HST is 16.5% as of Jun 30, 2026.

What are the average margins of HST?

The three-year average margins for HST were 29.0% gross, 15.1% operating, 30.8% EBITDA, and 13.3% net.

What are the highest historical margins of HST?

Within the 5-year period, HST recorded its highest margins at 31.8% gross in Mar 2023, 17.3% operating in Mar 2023, 35.8% EBITDA in Sep 2022, and 17.4% net in Sep 2022.

What are the lowest historical margins of HST?

Over this 5-year history, Host Hotels & Resorts's margins fell as low as 20.9% gross in Dec 2021, -8.7% operating in Dec 2021, 28.7% EBITDA in Jun 2025, and -0.4% net in Dec 2021.