Hilton Worldwide Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,544	1,461	1,539	1,151	1,257	407
Depreciation & Amortization	244	234	196	190	200	220
Stock-Based Compensation	179	170	176	169	162	193
Other Adjustments	78	94	-223	-113	43	75
Change in Receivables	-	-99	-103	-126	-270	-301
Changes in Accounts Payable	-	212	155	181	198	273
Changes in Unearned Revenue	571	542	330	215	174	-128
Changes in Other Operating Activities	-48	-485	-57	268	-85	-623
Operating Cash Flow	2,295	2,129	2,013	1,946	1,681	109
Operating Cash Flow Growth	8.31%	5.76%	3.44%	15.76%	1442.20%	-84.60%
Capital Expenditures	-91	-101	-96	-151	-39	-35
Sale of Property, Plant & Equipment	-	-	8	5	-	6
Purchases of Intangible Assets	-85	-84	-102	-96	-63	-44
Purchases of Investments	-2.5	-3	-5	-15	-53	-
Payments for Business Acquisitions	-3	-4	-236	-	-	-
Other Investing Activities	3	2	-15	-48	32	16
Investing Cash Flow	-179	-190	-446	-305	-123	-57
Long-Term Debt Issued	2,550	2,875	2,283	609	23	1,510
Long-Term Debt Repaid	-1,914	-1,916	-330	-183	-48	-3,230
Net Long-Term Debt Issued (Repaid)	636	959	1,953	426	-25	-1,720
Issuance of Common Stock	78	76	93	51	29	52
Repurchase of Common Stock	-3,128	-3,182	-2,893	-2,338	-1,590	-
Net Common Stock Issued (Repurchased)	-3,050	-3,106	-2,800	-2,287	-1,561	52
Common Dividends Paid	-141	-143	-150	-158	-123	-
Other Financing Activities	-67	-58	-48	-21	-56	-125
Financing Cash Flow	-2,297	-2,348	-1,045	-2,040	-1,765	-1,793
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-7	3	-21	-12	-19	-10
Net Cash Flow	-351	-406	501	-411	-226	-1,751
Free Cash Flow	2,204	2,028	1,917	1,795	1,642	74
Free Cash Flow Growth	8.68%	5.79%	6.80%	9.32%	2118.92%	-88.82%
FCF Margin	17.95%	16.85%	17.16%	17.54%	18.72%	1.28%
Free Cash Flow Per Share	9.36	8.52	7.67	6.80	5.93	0.26
Levered Free Cash Flow	2,854	2,818	4,016	2,270	1,678	-1,603
Unlevered Free Cash Flow	2,684	2,301	2,574	2,217	1,966	441.05

SEC Filings: 10-K · 10-Q