Host Hotels & Resorts Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	765	697	740	633	-11
Depreciation & Amortization	795	762	697	664	670
Other Amortization	11	10	9	10	10
Gain (Loss) on Sale of Assets	-148	-	-71	-17	-306
Asset Writedown	-	-	-	-	92
Stock-Based Compensation	26	24	30	26	18
Income (Loss) on Equity Investments	6	11	25	27	-10
Change in Other Net Operating Assets	13	106	-114	49	-101
Other Operating Activities	-29	-112	125	24	-70
Operating Cash Flow	1,510	1,498	1,441	1,416	292
Operating Cash Flow Growth	0.80%	3.96%	1.77%	384.93%	-
Acquisition of Real Estate Assets	-644	-548	-646	-504	-427
Sale of Real Estate Assets	125	-	34	236	729
Net Sale / Acq. of Real Estate Assets	-519	-548	-612	-268	302
Cash Acquisition	-2	-1,504	-	-301	-1,458
Investment in Marketable & Equity Securities	-94	-55	-20	-60	-11
Other Investing Activities	29	74	36	11	-
Investing Cash Flow	-507	-2,040	-183	-618	-1,158
Short-Term Debt Issued	-	890	-	-	-
Long-Term Debt Issued	892	1,279	-	-	443
Total Debt Issued	892	2,169	-	-	443
Short-Term Debt Repaid	-	-890	-	-	-
Long-Term Debt Repaid	-902	-402	-7	-685	-1,200
Total Debt Repaid	-902	-1,292	-7	-685	-1,200
Net Debt Issued (Repaid)	-10	877	-7	-685	-757
Issuance of Common Stock	-	-	-	-	138
Repurchase of Common Stock	-205	-107	-182	-27	-
Common Dividends Paid	-623	-737	-547	-150	-
Other Financing Activities	-30	-46	-35	-12	-38
Foreign Exchange Rate Adjustments	4	-10	2	-3	-
Net Cash Flow	139	-565	489	-79	-1,523
Cash Interest Paid	241	172	183	142	183
Cash Income Tax Paid	11.4	11.2	11.6	-19	34
Levered Free Cash Flow	1,183	1,183	1,091	1,649	147.25
Unlevered Free Cash Flow	1,319	1,307	1,201	1,737	256.63
Change in Working Capital	84	106	-114	49	-101

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.