Hilton Worldwide Holdings annual free cash flow
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2025
Hilton Worldwide Holdings Free Cash Flow (FCF) History (HLT)
Hilton Worldwide Holdings reported $2.03B in free cash flow for fiscal 2025, an increase of 5.79% from the previous fiscal year, with a free cash flow margin of 16.85%.
View full Hilton Worldwide Holdings company overviewHilton Worldwide Holdings free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.03B | $111.0M | +5.79% | +16.85% |
| 2024 | 2024-12-31 | $1.92B | $122.0M | +6.80% | +17.16% |
| 2023 | 2023-12-31 | $1.79B | $153.0M | +9.32% | +17.54% |
| 2022 | 2022-12-31 | $1.64B | $1.57B | +2118.92% | +18.72% |
| 2021 | 2021-12-31 | $74.0M | −$588.0M | −88.82% | +1.28% |
| 2020 | 2020-12-31 | $662.0M | −$641.0M | −49.19% | +15.37% |
| 2019 | 2019-12-31 | $1.30B | $120.0M | +10.14% | +13.79% |
| 2018 | 2018-12-31 | $1.18B | $392.0M | +49.56% | +13.28% |
| 2017 | 2017-12-31 | $791.0M | −$202.0M | −20.34% | +9.73% |
| 2016 | 2016-12-31 | $993.0M | −$143.0M | −12.59% | +15.10% |
| 2015 | 2015-12-31 | $1.14B | $97.0M | +9.34% | +15.93% |
| 2014 | 2014-12-31 | $1.04B | −$808.0M | −43.75% | +9.89% |
| 2013 | 2013-12-31 | $1.85B | $1.17B | +172.82% | +18.97% |
| 2012 | 2012-12-31 | $677.0M | — | — | +7.30% |
Hilton Worldwide Holdings quarterly free cash flow
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $460.0M | −$175.0M | −27.56% | +13.77% |
| Q1 2026 | 2026-03-31 | $609.0M | $176.0M | +40.65% | +20.74% |
| Q4 2025 | 2025-12-31 | $173.0M | −$361.0M | −67.60% | +5.60% |
| Q3 2025 | 2025-09-30 | $787.0M | $140.0M | +21.64% | +25.22% |
| Q2 2025 | 2025-06-30 | $635.0M | $229.0M | +56.40% | +20.24% |
| Q1 2025 | 2025-03-31 | $433.0M | $103.0M | +31.21% | +16.07% |
| Q4 2024 | 2024-12-31 | $534.0M | $111.0M | +26.24% | +19.19% |
| Q3 2024 | 2024-09-30 | $647.0M | −$5.0M | −0.77% | +22.57% |
| Q2 2024 | 2024-06-30 | $406.0M | −$28.0M | −6.45% | +13.76% |
| Q1 2024 | 2024-03-31 | $330.0M | $44.0M | +15.38% | +12.83% |
| Q4 2023 | 2023-12-31 | $423.0M | −$39.0M | −8.44% | +16.21% |
| Q3 2023 | 2023-09-30 | $652.0M | −$11.0M | −1.66% | +24.39% |
| Q2 2023 | 2023-06-30 | $434.0M | $108.0M | +33.13% | +16.32% |
| Q1 2023 | 2023-03-31 | $286.0M | $95.0M | +49.74% | +12.47% |
| Q4 2022 | 2022-12-31 | $462.0M | $349.0M | +308.85% | +18.90% |
| Q3 2022 | 2022-09-30 | $663.0M | $393.0M | +145.56% | +28.00% |
| Q2 2022 | 2022-06-30 | $326.0M | $461.0M | — | +14.55% |
| Q1 2022 | 2022-03-31 | $191.0M | $365.0M | — | +11.10% |
| Q4 2021 | 2021-12-31 | $113.0M | $259.0M | — | +6.15% |
| Q3 2021 | 2021-09-30 | $270.0M | $378.0M | — | +15.44% |
| Q2 2021 | 2021-06-30 | −$135.0M | −$934.0M | — | −10.16% |
| Q1 2021 | 2021-03-31 | −$174.0M | −$291.0M | — | −19.91% |
| Q4 2020 | 2020-12-31 | −$146.0M | −$333.0M | — | −16.40% |
| Q3 2020 | 2020-09-30 | −$108.0M | −$620.0M | — | −11.58% |
| Q2 2020 | 2020-06-30 | $799.0M | $536.0M | +203.80% | +141.67% |
| Q1 2020 | 2020-03-31 | $117.0M | −$224.0M | −65.69% | +6.09% |
| Q4 2019 | 2019-12-31 | $187.0M | −$133.0M | −41.56% | +7.89% |
| Q3 2019 | 2019-09-30 | $512.0M | $153.0M | +42.62% | +21.38% |
| Q2 2019 | 2019-06-30 | $263.0M | −$8.0M | −2.95% | +10.59% |
| Q1 2019 | 2019-03-31 | $341.0M | $108.0M | +46.35% | +15.47% |
| Q4 2018 | 2018-12-31 | $320.0M | $88.0M | +37.93% | +13.99% |
| Q3 2018 | 2018-09-30 | $359.0M | $126.0M | +54.08% | +15.93% |
| Q2 2018 | 2018-06-30 | $271.0M | −$14.0M | −4.91% | +11.83% |
| Q1 2018 | 2018-03-31 | $233.0M | $192.0M | +468.29% | +11.23% |
| Q4 2017 | 2017-12-31 | $232.0M | −$19.0M | −7.57% | +11.22% |
| Q3 2017 | 2017-09-30 | $233.0M | −$4.0M | −1.69% | +11.14% |
| Q2 2017 | 2017-06-30 | $285.0M | $35.0M | +14.00% | +13.73% |
| Q1 2017 | 2017-03-31 | $41.0M | −$214.0M | −83.92% | +2.16% |
| Q4 2016 | 2016-12-31 | $251.0M | −$108.0M | −30.08% | +24.30% |
| Q3 2016 | 2016-09-30 | $237.0M | −$51.0M | −17.71% | +12.69% |
| Q2 2016 | 2016-06-30 | $250.0M | −$41.0M | −14.09% | +12.82% |
| Q1 2016 | 2016-03-31 | $255.0M | $57.0M | +28.79% | +14.77% |
| Q4 2015 | 2015-12-31 | $359.0M | $35.0M | +10.80% | — |
| Q3 2015 | 2015-09-30 | $288.0M | −$25.0M | −7.99% | +9.95% |
| Q2 2015 | 2015-06-30 | $291.0M | −$7.0M | −2.35% | +9.96% |
| Q1 2015 | 2015-03-31 | $198.0M | $94.0M | +90.38% | +7.62% |
| Q4 2014 | 2014-12-31 | $324.0M | −$666.0M | −67.27% | +11.46% |
| Q3 2014 | 2014-09-30 | $313.0M | −$27.0M | −7.94% | +11.84% |
| Q2 2014 | 2014-06-30 | $298.0M | −$104.0M | −25.87% | +11.17% |
| Q1 2014 | 2014-03-31 | $104.0M | −$11.0M | −9.57% | +4.40% |
| Q4 2013 | 2013-12-31 | $990.0M | — | — | +37.46% |
| Q3 2013 | 2013-09-30 | $340.0M | — | — | +13.88% |
| Q2 2013 | 2013-06-30 | $402.0M | — | — | +16.89% |
| Q1 2013 | 2013-03-31 | $115.0M | — | — | +5.08% |
Hilton Worldwide Holdings free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $662.0M to $2.03B, a compound annual growth rate of 25.10%. Hilton Worldwide Holdings's latest reported quarter, Q2 2026, generated $460.0M in free cash flow, a decrease of 27.56% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Hilton Worldwide Holdings filings at SEC.gov ↗