Hilton Worldwide Holdings annual operating margin
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Hilton Worldwide Holdings Operating Margin Growth & History (HLT)
Hilton Worldwide Holdings's operating margin was 22.37% for fiscal 2025.
View full Hilton Worldwide Holdings company overviewHilton Worldwide Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 22.37% | +1.16 pp |
| 2024 | 2024-12-31 | 21.21% | −0.53 pp |
| 2023 | 2023-12-31 | 21.74% | −2.13 pp |
| 2022 | 2022-12-31 | 23.87% | +6.42 pp |
| 2021 | 2021-12-31 | 17.45% | +27.16 pp |
| 2020 | 2020-12-31 | −9.71% | −27.24 pp |
| 2019 | 2019-12-31 | 17.53% | +1.45 pp |
| 2018 | 2018-12-31 | 16.08% | +2.16 pp |
| 2017 | 2017-12-31 | 13.92% | +0.72 pp |
| 2016 | 2016-12-31 | 13.20% | +0.58 pp |
| 2015 | 2015-12-31 | 12.62% | −3.31 pp |
| 2014 | 2014-12-31 | 15.93% | +4.61 pp |
| 2013 | 2013-12-31 | 11.32% | −0.54 pp |
| 2012 | 2012-12-31 | 11.86% | — |
Hilton Worldwide Holdings quarterly operating margin
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Q2.15
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 25.68% | +0.88 pp |
| Q1 2026 | 2026-03-31 | 23.08% | +3.20 pp |
| Q4 2025 | 2025-12-31 | 19.50% | +1.93 pp |
| Q3 2025 | 2025-09-30 | 24.90% | +3.17 pp |
| Q2 2025 | 2025-06-30 | 24.80% | +0.23 pp |
| Q1 2025 | 2025-03-31 | 19.89% | −0.83 pp |
| Q4 2024 | 2024-12-31 | 17.57% | +2.24 pp |
| Q3 2024 | 2024-09-30 | 21.73% | −2.70 pp |
| Q2 2024 | 2024-06-30 | 24.57% | −0.77 pp |
| Q1 2024 | 2024-03-31 | 20.72% | −1.00 pp |
| Q4 2023 | 2023-12-31 | 15.33% | −5.29 pp |
| Q3 2023 | 2023-09-30 | 24.43% | −1.88 pp |
| Q2 2023 | 2023-06-30 | 25.34% | −1.36 pp |
| Q1 2023 | 2023-03-31 | 21.72% | +0.28 pp |
| Q4 2022 | 2022-12-31 | 20.62% | +2.48 pp |
| Q3 2022 | 2022-09-30 | 26.31% | +1.61 pp |
| Q2 2022 | 2022-06-30 | 26.70% | +9.84 pp |
| Q1 2022 | 2022-03-31 | 21.44% | +19.04 pp |
| Q4 2021 | 2021-12-31 | 18.14% | +40.05 pp |
| Q3 2021 | 2021-09-30 | 24.70% | +23.52 pp |
| Q2 2021 | 2021-06-30 | 16.85% | +70.40 pp |
| Q1 2021 | 2021-03-31 | 2.40% | −1.14 pp |
| Q4 2020 | 2020-12-31 | −21.91% | −36.60 pp |
| Q3 2020 | 2020-09-30 | 1.18% | −20.49 pp |
| Q2 2020 | 2020-06-30 | −53.55% | −72.79 pp |
| Q1 2020 | 2020-03-31 | 3.54% | −10.61 pp |
| Q4 2019 | 2019-12-31 | 14.69% | −1.13 pp |
| Q3 2019 | 2019-09-30 | 21.67% | +4.58 pp |
| Q2 2019 | 2019-06-30 | 19.24% | +1.52 pp |
| Q1 2019 | 2019-03-31 | 14.16% | +0.70 pp |
| Q4 2018 | 2018-12-31 | 15.82% | +3.30 pp |
| Q3 2018 | 2018-09-30 | 17.09% | +1.21 pp |
| Q2 2018 | 2018-06-30 | 17.72% | +2.11 pp |
| Q1 2018 | 2018-03-31 | 13.45% | +2.01 pp |
| Q4 2017 | 2017-12-31 | 12.52% | −2.96 pp |
| Q3 2017 | 2017-09-30 | 15.88% | +1.68 pp |
| Q2 2017 | 2017-06-30 | 15.61% | +1.61 pp |
| Q1 2017 | 2017-03-31 | 11.45% | +1.60 pp |
| Q4 2016 | 2016-12-31 | 15.49% | −7.41 pp |
| Q3 2016 | 2016-09-30 | 14.19% | −0.42 pp |
| Q2 2016 | 2016-06-30 | 14.00% | −4.85 pp |
| Q1 2016 | 2016-03-31 | 9.85% | −6.24 pp |
| Q3 2015 | 2015-09-30 | 22.90% | +6.07 pp |
| Q2 2015 | 2015-06-30 | 14.61% | −1.70 pp |
| Q1 2015 | 2015-03-31 | 18.85% | +4.55 pp |
| Q4 2014 | 2014-12-31 | 16.09% | +12.72 pp |
| Q3 2014 | 2014-09-30 | 16.83% | +2.25 pp |
| Q2 2014 | 2014-06-30 | 16.31% | −0.66 pp |
| Q1 2014 | 2014-03-31 | 14.30% | +3.17 pp |
| Q4 2013 | 2013-12-31 | 3.37% | — |
| Q3 2013 | 2013-09-30 | 14.58% | — |
| Q2 2013 | 2013-06-30 | 16.97% | — |
| Q1 2013 | 2013-03-31 | 11.14% | — |
Hilton Worldwide Holdings operating margin trends
Over the last five reported fiscal years, Hilton Worldwide Holdings's operating margin increased from −9.71% to 22.37%, a change of +32.07 percentage points. The latest reported quarter, Q2 2026, shows 25.68%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hilton Worldwide Holdings filings at SEC.gov ↗