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Hilton Worldwide Holdings (Hilton Worldwide Holdings) Gross Profit : $2,979 Mil (TTM As of Mar. 2024)


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What is Hilton Worldwide Holdings Gross Profit?

Hilton Worldwide Holdings's gross profit for the three months ended in Mar. 2024 was $696 Mil. Hilton Worldwide Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $2,979 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hilton Worldwide Holdings's gross profit for the three months ended in Mar. 2024 was $696 Mil. Hilton Worldwide Holdings's Revenue for the three months ended in Mar. 2024 was $2,573 Mil. Therefore, Hilton Worldwide Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 27.05%.

Hilton Worldwide Holdings had a gross margin of 27.05% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Hilton Worldwide Holdings was 30.75%. The lowest was 13.54%. And the median was 25.72%.


Hilton Worldwide Holdings Gross Profit Historical Data

The historical data trend for Hilton Worldwide Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hilton Worldwide Holdings Gross Profit Chart

Hilton Worldwide Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,435.00 583.00 1,655.00 2,698.00 2,930.00

Hilton Worldwide Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 647.00 855.00 815.00 613.00 696.00

Competitive Comparison of Hilton Worldwide Holdings's Gross Profit

For the Lodging subindustry, Hilton Worldwide Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hilton Worldwide Holdings's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hilton Worldwide Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hilton Worldwide Holdings's Gross Profit falls into.



Hilton Worldwide Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Hilton Worldwide Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=10235 - 7305
=2,930

Hilton Worldwide Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2573 - 1877
=696

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,979 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Hilton Worldwide Holdings's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=696 / 2573
=27.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Hilton Worldwide Holdings  (NYSE:HLT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Hilton Worldwide Holdings had a gross margin of 27.05% for the quarter that ended in Mar. 2024 => Competition eroding margins


Hilton Worldwide Holdings Gross Profit Related Terms

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Hilton Worldwide Holdings (Hilton Worldwide Holdings) Business Description

Address
7930 Jones Branch Drive, Suite 1100, McLean, VA, USA, 22102
Hilton Worldwide Holdings operates 1,127,430 rooms across its 20 plus brands addressing the premium economy scale through luxury segments as of Dec. 31, 2022. Hampton and Hilton are the two largest brands by total room count at 28% and 13%, respectively, as of Dec. 31, 2022. Recent brands launched over the last few years include Home2, Curio, Canopy, Spark, Tru, Tempo, and Project H3. Managed and franchised represent the vast majority of adjusted EBITDA, predominantly from the Americas regions.
Executives
Michael W Duffy officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Anne-marie W D'angelo officer: See Remarks 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Kristin Ann Campbell officer: See Remarks 500 STAPLES DRIVE, FRAMINGHAM MA 01702
Laura Fuentes officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Douglas M Steenland director 2700 LONE OAK PARKWAY, EAGAN MN 55121
Matthew W Schuyler officer: See Remarks 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Raymond E Mabus director C/O DANA INCORPORATED, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Kevin J Jacobs officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Martin Rinck officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Christopher W Silcock officer: See Remarks 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Chris Carr director 7930 JONES BRANCH DRIVE, MCLEAN VA 22102
Jonathan W. Witter officer: See Remarks 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ian Russell Carter officer: See Remarks HILTON HOTELS CORPORATION, 9336 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210
Hna Tourism Group Co., Ltd. 10 percent owner HNA BUILDING, NO. 7 GUOXING ROAD, HAIKOU F4 570203
Blackstone Real Estate Associates Vi L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154

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