Hyatt Hotels Corp H
Hyatt Hotels Corporation is a global hospitality company with widely recognized, industry-leading brands and a tradition of innovation developed over our almost 70-year history.
Hyatt's portfolio of properties consists of full service hotels and resorts, select service hotels, all-inclusive resorts, and other properties, including timeshare, fractional, and other forms of residential and vacation units. We also offer distribution and destination management services through ALG Vacations and distribution services through Mr & Mrs Smith, a boutique and luxury global travel platform. On June 17, 2025, we completed the acquisition of Playa Hotels & Resorts N.V. ("Playa Hotels" or the "Playa Hotels Acquisition"), a leading owner, operator, and developer of all-inclusive resorts in Mexico, the Dominican Republic, and Jamaica. At December 31, 2025, our hotel portfolio consisted of 1,528 hotels and all-inclusive resorts (372,763 rooms). See Part II, Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations—Overview" for a breakdown of our portfolio. Our colleagues and hotel general managers are supported by our regional management teams, located in cities around the world, and our executive management team, headquartered in Chicago.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.10B | $6.65B | $6.67B | $5.89B | $3.03B | $2.07B | $5.02B | $4.45B | $4.46B | $4.26B |
| SG&A | $555.0M | $548.0M | $578.0M | $435.0M | $366.0M | $321.0M | $417.0M | $320.0M | $377.0M | $315.0M |
| Interest expense | $317.0M | $180.0M | $145.0M | $150.0M | $163.0M | $128.0M | $75.0M | $76.0M | $80.0M | $76.0M |
| Pre-tax income | $81.0M | $1.56B | $310.0M | $363.0M | $44.0M | -$960.0M | $1.01B | $951.0M | $722.0M | $282.0M |
| Income tax | $130.0M | $267.0M | $90.0M | $92.0M | $266.0M | $257.0M | $240.0M | $182.0M | $332.0M | $76.0M |
| Net income | -$52.0M | $1.30B | $220.0M | $455.0M | -$222.0M | -$703.0M | $766.0M | $769.0M | $389.0M | $206.0M |
| EPS, basic | -0.55 | 12.99 | 2.10 | 4.17 | -2.13 | -6.93 | 7.33 | 6.79 | 3.12 | 1.55 |
| EPS, diluted | -0.55 | 12.65 | 2.05 | 4.09 | -2.13 | -6.93 | 7.21 | 6.68 | 3.08 | 1.53 |
| Shares, diluted (wtd. avg.) | $95.5M | $102.4M | $107.7M | $111.3M | $104.0M | $101.3M | $106.3M | $115.1M | $126.3M | $133.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $787.0M | $1.01B | $881.0M | $1.07B | $1.06B | $1.24B | $1.06B | $622.0M | $752.0M | $573.0M |
| Short-term investments | $26.0M | $372.0M | $15.0M | $158.0M | $227.0M | $675.0M | $68.0M | $116.0M | $49.0M | $56.0M |
| Receivables | $1.12B | $1.12B | $883.0M | $834.0M | $633.0M | $316.0M | $421.0M | $427.0M | $350.0M | $304.0M |
| Inventory | $8.0M | $8.0M | $9.0M | $9.0M | $10.0M | $9.0M | $12.0M | $14.0M | $14.0M | $28.0M |
| Total current assets | $2.18B | $2.73B | $2.13B | $2.25B | $2.06B | $2.56B | $1.71B | $1.34B | $1.33B | $1.14B |
| Property, plant and equipment | $1.58B | $1.69B | $2.34B | $2.38B | $2.85B | $3.13B | $3.46B | $3.61B | $4.03B | $4.27B |
| Goodwill | $3.45B | $2.54B | $3.21B | $3.10B | $2.96B | $288.0M | $326.0M | $283.0M | $150.0M | $125.0M |
| Other intangibles | $2.23B | $2.17B | $1.67B | $1.67B | $1.98B | $385.0M | $437.0M | $628.0M | $305.0M | $599.0M |
| Total assets | $14.04B | $13.32B | $12.83B | $12.31B | $12.60B | $9.13B | $8.42B | $7.64B | $7.57B | $7.75B |
| Accounts payable | $451.0M | $475.0M | $493.0M | $500.0M | $523.0M | $102.0M | $150.0M | $151.0M | $136.0M | $162.0M |
| Total current liabilities | $2.89B | $3.27B | $3.58B | $3.29B | $2.23B | $984.0M | $1.09B | $1.06B | $992.0M | $924.0M |
| Long-term debt | $4.27B | $3.33B | $2.31B | $2.45B | $3.97B | $2.98B | $1.61B | $1.62B | $1.44B | $1.45B |
| Total liabilities | $10.38B | $9.50B | $9.27B | $8.61B | $9.04B | $5.92B | $4.45B | $3.97B | $3.72B | $3.84B |
| Retained earnings | $3.48B | $3.81B | $3.74B | $3.62B | $3.17B | $3.39B | $4.17B | $3.82B | $3.05B | $2.49B |
| Total equity | $3.33B | $3.55B | $3.57B | $3.70B | $3.57B | $3.21B | $3.97B | $3.68B | $3.84B | $4.08B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $379.0M | $633.0M | $800.0M | $674.0M | $315.0M | -$611.0M | $396.0M | $341.0M | $587.0M | $462.0M |
| Depreciation and amortisation | $325.0M | $333.0M | $397.0M | $426.0M | $310.0M | $310.0M | $329.0M | $327.0M | $348.0M | $315.0M |
| Stock-based compensation | $74.0M | $64.0M | $75.0M | $61.0M | $59.0M | $28.0M | $35.0M | $28.0M | $32.0M | $26.0M |
| Capital expenditure | $220.0M | $170.0M | $198.0M | $201.0M | $111.0M | $122.0M | $369.0M | $297.0M | $298.0M | $211.0M |
| Investing cash flow | $357.0M | $81.0M | -$365.0M | $416.0M | -$1.77B | -$736.0M | $585.0M | $374.0M | $457.0M | -$372.0M |
| Financing cash flow | -$954.0M | -$618.0M | -$578.0M | -$1.11B | $1.29B | $1.52B | -$541.0M | -$850.0M | -$858.0M | -$96.0M |
| Dividends paid | $57.0M | $60.0M | $47.0M | $0 | $0 | $20.0M | $80.0M | $68.0M | $0 | $0 |
| Buybacks | $293.0M | $1.19B | $453.0M | $369.0M | $0 | $69.0M | $421.0M | $946.0M | $743.0M | $272.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001468174-26-000007.
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