Question 1

What is Hilton's P/FCF ratio?

Accepted Answer

Hilton (HLT) P/FCF ratio is 34.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. 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 P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Hilton?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Hilton specifically, the relevant sector benchmark is the current sector median of 17.1×.

Question 5

Is Hilton's P/FCF ratio high or low?

Accepted Answer

Hilton's P/FCF ratio of 34.8× is below its own 5-year average of 72.5× and above the sector median of 17.1×. That places the current reading at the 69th 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 P/FCF ratio range?

Accepted Answer

In the available daily series, Hilton (HLT) P/FCF ratio has ranged from a low of 7.6× in 2013 to a high of 793.2× in 2022. The 5-year average is 72.5× and the 5-year median is 29.7×.

Question 7

What was Hilton's P/FCF ratio in 2025?

Accepted Answer

Hilton (HLT) P/FCF ratio at the end of 2025 was 34.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Hilton's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). 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	$67.8B	$1.96B	34.5×	+2.0×	Dec 31, 2025
2024	$60.1B	$1.85B	32.5×	+5.1×	Dec 31, 2024
2023	$46.6B	$1.7B	27.4×	+5.8×	Dec 31, 2023
2022	$34.1B	$1.58B	21.6×	-728.8×	Dec 31, 2022
2021	$43.5B	$58M	750.4×	+700.2×	Dec 31, 2021
2020	$30.9B	$616M	50.2×	+23.8×	Dec 31, 2020
2019	$31.2B	$1.18B	26.4×	+7.0×	Dec 31, 2019
2018	$21.3B	$1.1B	19.4×	-15.9×	Dec 31, 2018
2017	$25.2B	$716M	35.2×	+14.8×	Dec 31, 2017
2016	$18.4B	$897M	20.5×	+5.8×	Dec 31, 2016
2015	$14.4B	$985M	14.7×	-3.6×	Dec 31, 2015
2014	$17.6B	$964M	18.2×	+10.6×	Dec 31, 2014
2013	$13.2B	$1.73B	7.6×	—	Dec 31, 2013


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Wynn Resorts (WYNN)	15.1×
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D.R. Horton (DHI)	14.2×
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Ford Motor (F)	4.8×
General Motors (GM)	4.3×

P/FCF Ratio for Hilton (HLT) 2013-2026

P/FCF Ratio daily chart for Hilton (HLT)

Historical P/FCF Ratio for Hilton (HLT) from 2013 to 2025

About P/FCF Ratio at Hilton (HLT)

Hilton P/FCF Ratio by Year

Hilton P/FCF Ratio 2025: 34.5×

Hilton P/FCF Ratio 2024: 32.5×

Hilton P/FCF Ratio 2023: 27.4×

Hilton P/FCF Ratio 2022: 21.6×

Hilton P/FCF Ratio 2021: 750.4×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Hilton (HLT) Key Financials