HLT Hilton Worldwide Holdings margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 45

Gross margin

30.1%

Operating margin

24%

EBITDA margin

25.5%

Net margin

13.4%

Recent Hilton Worldwide Holdings shows a gross margin of 30.1%, an operating margin of 24%, an EBITDA margin of 25.5%, and a net margin of 13.4%. Gross margin improved the most, by 2.3 percentage points, while net margin declined the most, by 0.8 percentage points.

HLT margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Hilton Worldwide Holdings's margins averaged 28.18% gross, 21.95% operating, 23.23% EBITDA, and 12.57% net. All four current margins are above their three-year averages.

HLT margin expansion

Year-over-year margin changes in percentage points

The strongest improvement was in gross margin, which increased by 2.3 percentage points, and operating margin also expanded by 2 percentage points and EBITDA margin also expanded by 2 percentage points, whereas net margin contracted by 0.8 percentage points.

Gross margin expansion

2.3pp

Operating margin expansion

2pp

EBITDA margin expansion

2pp

Net margin expansion

-0.8pp

HLT Gross margin

Over the last 3 years, the average gross margin for Hilton Worldwide Holdings was 28.18%. The latest gross margin for Hilton Worldwide Holdings is 30.1%, 1.9 percentage points above its three-year average. Hilton Worldwide Holdings's gross margin ranged from a low of 27.1% in Mar 2025 to a high of 30.1% in Sep 2026.

HLT Operating margin

Over the last 3 years, the average operating margin for Hilton Worldwide Holdings was 21.95%. The current operating margin stands at 24%, 2.1 percentage points above its three-year average. Hilton Worldwide Holdings's operating margin ranged from a low of 20.7% in Sep 2024 to a high of 24% in Sep 2026.

HLT EBITDA margin

Hilton Worldwide Holdings recorded an average EBITDA margin of 23.23% across the last 3 years. Hilton Worldwide Holdings's current EBITDA margin is 25.5% and is 2.3 percentage points above its three-year average. The highest EBITDA margin for Hilton Worldwide Holdings was 25.5% in Sep 2026, while the lowest was 21.7% in Sep 2024.

HLT Net margin

Hilton Worldwide Holdings's net margin averaged 12.57% in the last 3 years. As of the latest period, Hilton Worldwide Holdings's current net margin is 13.4%, which is 0.8 percentage points above its three-year average. Over the last 3 years, Hilton Worldwide Holdings's net margin peaked at 14.2% in Sep 2025 and reached a low of 10.7% in Sep 2024.

HLT margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 30.1%, HLT stands lower than the Consumer Cyclical sector and the industry average. Looking at the Consumer Cyclical sector average of 36.3%, Hilton Worldwide Holdings's gross margin is 17% lower.

HLT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Hilton Worldwide Holdings's gross margin?

For the period ending Sep 30, 2026, HLT recorded a gross margin of 30.1%.

What is Hilton Worldwide Holdings's operating margin?

For the period ending Sep 30, 2026, HLT recorded an operating margin of 24%.

What is Hilton Worldwide Holdings's EBITDA margin?

As of Sep 30, 2026, HLT has an EBITDA margin of 25.5%.

What is Hilton Worldwide Holdings's net margin?

For the period ending Sep 30, 2026, HLT recorded a net margin of 13.4%.

What are the average margins of HLT?

Hilton Worldwide Holdings's average margins over the last 3 years were 28.2% gross, 22.0% operating, 23.2% EBITDA, and 12.6% net.

What are the highest historical margins of HLT?

Looking back across 5 years, HLT reached 31.4% gross in Jun 2022, 24% operating in Sep 2026, 26.3% EBITDA in Dec 2022, and 14.3% net in Dec 2022.

What are the lowest historical margins of HLT?

Hilton Worldwide Holdings's lowest recorded margins during the past 5 years were 27.1% gross in Mar 2025, 17.4% operating in Dec 2021, 19.8% EBITDA in Dec 2021, and 7.1% net in Dec 2021.