Host Hotels & Resorts Income 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
Rental Revenue	3,608	3,426	3,244	3,014	1,858
Other Revenue	2,524	2,265	2,073	1,896	1,063
Total Revenue	6,132	5,691	5,317	4,910	2,921
Revenue Growth (YoY	7.75%	7.03%	8.29%	68.09%	83.71%
Property Expenses	4,364	4,034	3,741	3,378	2,287
Selling, General & Administrative	124	117	115	107	99
Depreciation & Amortization	795	762	697	664	670
Total Operating Expenses	5,283	4,913	4,553	4,149	3,056
Operating Income	849	778	764	761	-135
Interest Expense	-235	-215	-191	-156	-191
Interest & Investment Income	32	54	75	30	2
Other Non-Operating Income	148	-	2	17	306
EBT Excluding Unusual Items	794	617	650	652	-18
Gain (Loss) on Sale of Assets	-	-	69	-	-
Total Insurance Settlements	24	110	86	17	8
Asset Writedown	-	-	-	-	-92
Total Legal Settlements	-	-6	-17	-	-
Pretax Income	818	721	788	669	-102
Income Tax Expense	42	14	36	26	-91
Earnings From Continuing Operations	776	707	752	643	-11
Minority Interest in Earnings	-11	-10	-12	-10	-
Net Income	765	697	740	633	-11
Net Income to Common	765	697	740	633	-11
Net Income Growth	9.76%	-5.81%	16.90%	-	-
Basic Shares Outstanding	691	702	710	715	710
Diluted Shares Outstanding	694	704	713	718	710
Shares Change (YoY)	-1.41%	-1.23%	-0.66%	1.01%	0.62%
EPS (Basic)	1.11	0.99	1.04	0.89	-0.02
EPS (Diluted)	1.10	0.99	1.04	0.88	-0.02
EPS Growth	11.11%	-4.81%	18.18%	-	-
Dividend Per Share	0.800	0.800	0.650	0.330	-
Dividend Growth	-	23.08%	96.97%	-	-
Operating Margin	13.84%	13.67%	14.37%	15.50%	-4.62%
Profit Margin	12.48%	12.25%	13.92%	12.89%	-0.38%
EBITDA	1,632	1,540	1,461	1,425	535
EBITDA Margin	26.61%	27.06%	27.48%	29.02%	18.32%
D&A For Ebitda	782.67	762	697	664	670
EBIT	849	778	764	761	-135
EBIT Margin	13.84%	13.67%	14.37%	15.50%	-4.62%
Funds From Operations (FFO)	1,410	1,387	1,366	-	-
FFO Per Share	2.03	1.97	1.92	-	-
Adjusted Funds From Operations (AFFO)	1,436	1,387	1,370	-	-
AFFO Per Share	2.07	1.97	1.92	-	-
FFO Payout Ratio	-	53.14%	40.04%	-	-
Effective Tax Rate	5.13%	1.94%	4.57%	3.89%	-
Revenue as Reported	6,114	5,684	5,311	4,907	2,890

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