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Hilton Worldwide Holdings (Hilton Worldwide Holdings) Cyclically Adjusted FCF per Share : $3.92 (As of Mar. 2024)


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What is Hilton Worldwide Holdings Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Hilton Worldwide Holdings's adjusted free cash flow per share for the three months ended in Mar. 2024 was $1.224. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hilton Worldwide Holdings's average Cyclically Adjusted FCF Growth Rate was 1.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-27), Hilton Worldwide Holdings's current stock price is $202.12. Hilton Worldwide Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.92. Hilton Worldwide Holdings's Cyclically Adjusted Price-to-FCF of today is 51.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hilton Worldwide Holdings was 55.69. The lowest was 31.70. And the median was 39.05.


Hilton Worldwide Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hilton Worldwide Holdings's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

Hilton Worldwide Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.31 3.75 3.83

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
Cyclically Adjusted FCF per Share 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 3.87 3.92 4.06 3.83 3.92

Competitive Comparison of Hilton Worldwide Holdings's Cyclically Adjusted FCF per Share

For the Lodging subindustry, Hilton Worldwide Holdings's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hilton Worldwide Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hilton Worldwide Holdings's Cyclically Adjusted Price-to-FCF falls into.



Hilton Worldwide Holdings Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Hilton Worldwide Holdings's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.224/129.4194*129.4194
=1.224

Current CPI (Mar. 2024) = 129.4194.

Hilton Worldwide Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.841 100.560 1.082
201409 0.812 100.428 1.046
201412 0.875 99.070 1.143
201503 0.544 99.621 0.707
201506 0.813 100.684 1.045
201509 0.804 100.392 1.036
201512 0.982 99.792 1.274
201603 0.712 100.470 0.917
201606 0.658 101.688 0.837
201609 0.601 101.861 0.764
201612 0.793 101.863 1.008
201703 0.097 102.862 0.122
201706 0.805 103.349 1.008
201709 0.668 104.136 0.830
201712 0.623 104.011 0.775
201803 0.683 105.290 0.840
201806 0.818 106.317 0.996
201809 1.117 106.507 1.357
201812 0.987 105.998 1.205
201903 1.092 107.251 1.318
201906 0.815 108.070 0.976
201909 1.656 108.329 1.978
201912 0.500 108.420 0.597
202003 0.357 108.902 0.424
202006 2.827 108.767 3.364
202009 -0.408 109.815 -0.481
202012 -0.556 109.897 -0.655
202103 -0.655 111.754 -0.759
202106 -0.509 114.631 -0.575
202109 0.918 115.734 1.027
202112 0.344 117.630 0.378
202203 0.642 121.301 0.685
202206 1.111 125.017 1.150
202209 2.345 125.227 2.424
202212 1.631 125.222 1.686
202303 0.993 127.348 1.009
202306 1.545 128.729 1.553
202309 2.389 129.860 2.381
202312 1.531 129.419 1.531
202403 1.224 129.419 1.224

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Hilton Worldwide Holdings  (NYSE:HLT) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Hilton Worldwide Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=202.12/3.92
=51.56

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hilton Worldwide Holdings was 55.69. The lowest was 31.70. And the median was 39.05.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Hilton Worldwide Holdings Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Hilton Worldwide Holdings's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


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