Question 1

What is Hilton's EV/EBITDA ratio?

Accepted Answer

Hilton (HLT) EV/EBITDA ratio is 30.7× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Hilton?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Hilton specifically, the relevant sector benchmark is the current sector median of 14.3×.

Question 5

Is Hilton's EV/EBITDA ratio high or low?

Accepted Answer

Hilton's EV/EBITDA ratio of 30.7× is below its own 5-year average of 37.5× and above the sector median of 14.3×. That places the current reading at the 79th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Hilton's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Hilton (HLT) EV/EBITDA ratio has ranged from a low of 8.8× in 2015 to a high of 244.2× in 2021. The 5-year average is 37.5× and the 5-year median is 26.5×.

Question 7

What was Hilton's EV/EBITDA ratio in 2025?

Accepted Answer

Hilton (HLT) EV/EBITDA ratio at the end of 2025 was 28.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Hilton's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$67.79B	$2.87B	28.7×	+0.4×	Dec 31, 2025
2024	$60.06B	$2.50B	28.3×	+4.0×	Dec 31, 2024
2023	$46.62B	$2.30B	24.3×	+5.9×	Dec 31, 2023
2022	$34.12B	$2.31B	18.4×	-26.9×	Dec 31, 2022
2021	$43.52B	$1.15B	45.3×	—	Dec 31, 2021
2020	$30.93B	−$164.00M	—	—	Dec 31, 2020
2019	$31.17B	$2.00B	19.9×	+4.0×	Dec 31, 2019
2018	$21.25B	$1.77B	15.9×	-4.6×	Dec 31, 2018
2017	$25.24B	$1.53B	20.4×	+6.9×	Dec 31, 2017
2016	$18.36B	$1.77B	13.5×	+4.7×	Dec 31, 2016
2015	$14.45B	$2.76B	8.8×	-3.2×	Dec 31, 2015
2014	$17.58B	$2.39B	12.0×	-1.2×	Dec 31, 2014
2013	$13.19B	$1.92B	13.2×	—	Dec 31, 2013


Packaging Corporation of America (PKG)	12.3×
Wynn Resorts (WYNN)	11.7×
General Motors (GM)	11.5×
Amcor (AMCR)	11.3×
Masco (MAS)	10.9×
NVR (NVR)	10.9×
Ball (BALL)	10.7×
D.R. Horton (DHI)	10.7×
Las Vegas Sands (LVS)	10.1×
Norwegian Cruise Line (NCLH)	9.9×
Carnival Corporation (CCL)	9.5×
Deckers Outdoor (DECK)	9.5×
LKQ (LKQ)	9.0×
Toll Brothers (TOL)	8.6×
PulteGroup (PHM)	8.1×
Expedia Group (EXPE)	8.0×
Etsy (ETSY)	8.0×
Leggett & Platt (LEG)	7.3×
Best Buy Co. (BBY)	6.8×
Weyco Group (WEYS)	6.6×
Sonoco Products (SON)	6.5×
Lululemon Athletica (LULU)	6.3×
Mohawk Industries (MHK)	4.9×
Smurfit Westrock (SW)	4.6×
PDD Holdings (PDD)	3.7×

EV/EBITDA for Hilton (HLT)

EV/EBITDA daily chart for Hilton (HLT)

Historical EV/EBITDA for Hilton (HLT) from 2013 to 2025

About EV/EBITDA at Hilton (HLT)

Hilton EV/EBITDA by Year

Hilton EV/EBITDA 2025: 28.7×

Hilton EV/EBITDA 2024: 28.3×

Hilton EV/EBITDA 2023: 24.3×

Hilton EV/EBITDA 2022: 18.4×

Hilton EV/EBITDA 2021: 45.3×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Hilton (HLT) Key Financials

EV/EBITDA daily chart for Hilton (HLT)

Historical EV/EBITDA for Hilton (HLT) from 2013 to 2025

About EV/EBITDA at Hilton (HLT)

Hilton EV/EBITDA by Year

Hilton EV/EBITDA 2025: 28.7×

Hilton EV/EBITDA 2024: 28.3×

Hilton EV/EBITDA 2023: 24.3×

Hilton EV/EBITDA 2022: 18.4×

Hilton EV/EBITDA 2021: 45.3×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Hilton's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Hilton?

+Is Hilton's EV/EBITDA ratio high or low?

+What is Hilton's historical EV/EBITDA ratio range?

+What was Hilton's EV/EBITDA ratio in 2025?

+Why does Hilton's EV/EBITDA ratio change over time?

Hilton (HLT) Key Financials