Latest period
$120M
YoY change
-6.6%
5Y CAGR
+15.0%
Peak year (FY2012)
$567M
Cumulative CapEx
$4.41B
CapEx history chart for Hilton (HLT) from 2016 to 2025
Latest: $185M
CapEx growth chart for Hilton (HLT) from 2016 to 2025
Latest: -6.6%
CapEx history table for Hilton (HLT) from 2010 to 2025
| FY2025 | $185M | -6.6% | -$13M | ||
| FY2024 | $198M | -19.8% | -$49M | ||
| FY2023 | $247M | +142.2% | +$145M | ||
| FY2022 | $102M | +29.1% | +$23M | ||
| FY2021 | $79M | -14.1% | -$13M | ||
| FY2020 | $92M | -55.1% | -$113M | ||
| FY2019 | $205M | +28.9% | +$46M | ||
| FY2018 | $159M | -23.6% | -$49M | ||
| FY2017 | $208M | -54.1% | -$245M | ||
| FY2016 | $453M | +10.8% | +$44M | ||
| FY2015 | $409M | +1.7% | +$7M | ||
| FY2014 | $402M | +6.9% | +$26M | ||
| FY2013 | $376M | -33.7% | -$191M | ||
| FY2012 | $567M | +6.0% | +$32M | ||
| FY2011 | $535M | +207.5% | +$361M | ||
| FY2010 | $174M | — | — |
- FY2025$185M-6.6%
- FY2024$198M-19.8%
- FY2023$247M+142.2%
- FY2022$102M+29.1%
- FY2021$79M-14.1%
- FY2020$92M-55.1%
- FY2019$205M+28.9%
- FY2018$159M-23.6%
- FY2017$208M-54.1%
- FY2016$453M+10.8%
- FY2015$409M+1.7%
- FY2014$402M+6.9%
- FY2013$376M-33.7%
- FY2012$567M+6.0%
- FY2011$535M+207.5%
- FY2010$174M—
CapEx values are taken from Hilton's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Hilton (HLT)
According to Hilton's latest reported financial statements, the company's current CapEx (TTM) is $120M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Hilton (HLT) most recent annual CapEx stands at $185M (2025) – declined 6.6% year-over-year.
Hilton CapEx compound annual growth for the 2020–2025 (5 years) window is +15.0%, with mixed annual results across the window.
Between 2012 and 2025, Hilton CapEx plunged 67.4%, falling from $567M to $185M.
$567M stands as the all-time-high annual CapEx, posted in 2012, against a low of $79M during 2021.
Hilton Capital Expenditures by Year
Hilton Capital Expenditures 2025: $185M
Hilton posted CapEx of $185M in 2025, declined 6.6% below 2024.
Hilton Capital Expenditures 2024: $198M
In 2024, Hilton reported CapEx of $198M, declined 19.8% below 2023.
Hilton Capital Expenditures 2023: $247M
Hilton CapEx in 2023 was $247M, surged 142.2% from 2022.
Hilton Capital Expenditures 2022: $102M
2022's CapEx for Hilton came in at $102M, grew 29.1% from 2021.
Hilton Capital Expenditures 2021: $79M
Hilton CapEx in 2021 was $79M.
See more financial history for Hilton (HLT).
Sector peers by CapEx
Consumer Cyclical peers of Hilton (HLT), ranked by their latest CapEx
| $132B | |
| $18.3B | |
| $8.53B | |
| $3.68B | |
| $3.37B | |
| $1.96B | |
| $322M | |
| $162M |
- $132B
- $18.3B
- $8.53B
- $3.68B
- $3.37B
- $1.96B
- $162M
Frequently asked questions
Hilton (HLT) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
- Buybacks4.43% TTM
- Dividend Profile0.19% yield
- Dividend Calculator
- Dividend Forecast
- Dividend Capture
- Stock Split History1 split
How this company returns cash to shareholders — buybacks, dividends, and stock splits.