Hilton Q4 Revenue Climbs 10.9% to $3.09B; Fiscal 2026 EPS Guidance Misses
Hilton’s Q4 2025 revenue rose 10.9% year-over-year to $3.09 billion, beating estimates by 3.3%, while adjusted EPS of $2.08 topped forecasts by 3.2%. Fiscal 2026 guidance projects $8.71 adjusted EPS (4.8% below consensus) and $4.02 billion EBITDA in line with estimates; operating margin rose to 19.5% from 17.6% year-over-year.
1. Q4 CY2025 Financial Results
Hilton reported Q4 CY2025 revenue of $3.09 billion, up 10.9% year-over-year, exceeding $2.99 billion estimates by 3.3%. Adjusted EPS was $2.08, a 3.2% beat over the $2.02 consensus, and adjusted EBITDA reached $946 million (30.6% margin), topping forecasts by 2.3%.
2. Fiscal 2026 Guidance
Guidance for fiscal 2026 projects adjusted EPS of $8.71 at the midpoint (4.8% below consensus) and adjusted EBITDA of $4.02 billion in line with estimates. Hilton expects continued margin expansion but flagged slower top-line growth versus recent trends.
3. Margin and Other Metrics
Operating margin rose to 19.5% from 17.6% year-over-year, reflecting improved cost control. Revenue per available room held flat at $110.89, while long-term sales growth slowed from a 22.8% annual rate over five years to 8.5% over two years.