TTM
23.1%
YoY change
+1.16pp
Trough year (2020)
-9.7%
Peak year (2017)
33.3%
Latest annual
22.4%
Operating Margin history chart for Hilton (HLT) from 2010 to 2025
Latest: 22.4%
Operating Margin change chart for Hilton (HLT) from 2010 to 2025
Latest: +1.16pp
Operating Margin history table for Hilton (HLT) from 2010 to 2025
| 2025 | 22.4% | +1.16pp | ||
| 2024 | 21.2% | -0.53pp | ||
| 2023 | 21.7% | -2.13pp | ||
| 2022 | 23.9% | +6.42pp | ||
| 2021 | 17.4% | +27.16pp | ||
| 2020 | -9.7% | -27.24pp | ||
| 2019 | 17.5% | +1.45pp | ||
| 2018 | 16.1% | -17.18pp | ||
| 2017 | 33.3% | +20.06pp | ||
| 2016 | 13.2% | -15.63pp | ||
| 2015 | 28.8% | +12.90pp | ||
| 2014 | 15.9% | +4.61pp | ||
| 2013 | 11.3% | -0.54pp | ||
| 2012 | 11.9% | +0.76pp | ||
| 2011 | 11.1% | +4.25pp | ||
| 2010 | 6.9% | — |
- 202522.4%+1.16pp
- 202421.2%-0.53pp
- 202321.7%-2.13pp
- 202223.9%+6.42pp
- 202117.4%+27.16pp
- 2020-9.7%-27.24pp
- 201917.5%+1.45pp
- 201816.1%-17.18pp
- 201733.3%+20.06pp
- 201613.2%-15.63pp
- 201528.8%+12.90pp
- 201415.9%+4.61pp
- 201311.3%-0.54pp
- 201211.9%+0.76pp
- 201111.1%+4.25pp
- 20106.9%—
Operating Margin values are taken from Hilton's reported income 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 Operating Margin at Hilton (HLT)
According to Hilton's latest reported financial statements, the company's latest reported operating margin is 23.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Hilton (HLT) came in at 22.37% – expanded 1.2 percentage points year-over-year.
The highest annual operating margin of 33.25% was reported in 2017. The lowest in the available history was -9.71% in 2020.
Hilton Operating Margin by Year
Hilton Operating Margin 2025: 22.4%
2025's operating margin for Hilton came in at 22.37%, expanded 1.2 percentage points from 2024.
Hilton Operating Margin 2024: 21.2%
Hilton posted operating margin of 21.21% in 2024, contracted 0.5 percentage points from 2023.
Hilton Operating Margin 2023: 21.7%
In 2023, Hilton reported operating margin of 21.74%, contracted 2.1 percentage points from 2022.
Hilton Operating Margin 2022: 23.9%
Hilton operating margin in 2022 was 23.87%, expanded 6.4 percentage points from 2021.
Hilton Operating Margin 2021: 17.4%
Hilton operating margin in 2021 was 17.45%.
See more financial history for Hilton (HLT).
Sector peers by Operating Margin
Consumer Cyclical peers of Hilton (HLT), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 12.4% | |
| 11.5% | |
| 5.8% | |
| 5.0% |
- 46.0%
- 22.2%
- 12.4%
- 12.4%
- 11.5%
- 5.8%
- 5.0%
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