Hilton Worldwide Holdings Inc. (HLT) closed fiscal year 2025 with a gross margin of 28.2 % and a net margin of 12.1 %.
Hilton Worldwide Holdings Inc. (HLT) closed fiscal year 2025 with a gross margin of 28.2 % and a net margin of 12.1 %. The same year shows an EBITDA margin of 23.8 % and an EBIT margin of 22.4 %. The free cash flow margin was 16.8 %. Against the previous year the gross margin moved +0.8 pp and the net margin −1.6 pp. Across the period the gross margin ranges between 27.4 % in 2024 and 30.8 % in 2022. The series covers 14 fiscal years, from 2012 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | 30.75 % | 28.63 % | 27.41 % | 28.20 % |
| EBITDA margin (%) | 17.79 % | 17.51 % | 21.91 % | 18.01 % | 18.57 % | 18.05 % | 19.73 % | 21.19 % | -2.02 % | 20.70 % | 25.72 % | 23.18 % | 22.52 % | 23.84 % |
| EBIT margin (%) | 11.86 % | 11.32 % | 15.93 % | 12.62 % | 13.20 % | 13.92 % | 16.08 % | 17.53 % | -9.71 % | 17.45 % | 23.87 % | 21.74 % | 21.21 % | 22.37 % |
| Net margin (%) | 3.79 % | 4.26 % | 6.41 % | 19.68 % | 5.14 % | 13.33 % | 8.58 % | 9.32 % | -16.60 % | 7.08 % | 14.31 % | 11.15 % | 13.74 % | 12.10 % |
| FCF margin (%) | 7.30 % | 18.97 % | 9.89 % | 15.93 % | 15.10 % | 9.73 % | 13.28 % | 13.79 % | 15.37 % | 1.28 % | 18.72 % | 17.54 % | 17.16 % | 16.85 % |
