Hilton Worldwide Holdings Revenue & Financials

In fiscal year 2024, Hilton reported total revenues of approximately $11.2 billion, driven by a strong recovery in global travel demand and strong performance in both leisure and business travel segments. Adjusted EBITDA reached approximately $3.3 billion, reflecting the operating power of a company that converts fee income into profit at margins that hotel owners themselves rarely achieve. The modern Hilton — taken private by Blackstone Group in a landmark $26 billion leveraged buyout in 2007 and then re-listed on the New York Stock Exchange in 2013 — represents the third act of that story: a leaner, more technologically sophisticated enterprise shaped by private equity discipline and the demands of public-market investors. Founded in 1919 by Conrad Hilton in Cisco, Texas, the company has evolved from a regional Texas hotel operator into one of the world's dominant lodging franchisors, generating approximately $11.2 billion in revenue during fiscal year 2024. The company is headquartered in McLean, Virginia, a suburb of Washington, D.C. and trades on the New York Stock Exchange under the ticker symbol HLT with a market capitalization of approximately $52 billion as of mid-2025. Hilton Worldwide Holdings delivered a strong fiscal year 2024 financial performance, with total revenues of approximately $11.2 billion, representing continued growth from the $10.2 billion reported in fiscal year 2023 and reflecting strong travel demand across both leisure and business segments. The company's adjusted EBITDA of approximately $3.3 billion in 2024 demonstrated the powerful operating characteristics of its fee-based model, with margins that would be structurally impossible to achieve in a traditional hotel ownership structure. In 2024, Hilton repurchased approximately $2 billion in common shares, continuing a multi-year buyback program that has significantly reduced the share count outstanding since the company's 2013 NYSE listing. Net income for fiscal year 2024 was approximately $1.5 billion, reflecting both the strength of fee income and the benefit of a capital structure that, while carrying meaningful leverage from the Blackstone buyout era, has been progressively delevered through a combination of earnings growth and strategic debt repayment. The Waldorf was not just a hotel; it was a cultural institution, and Conrad's acquisition of it for approximately $3 million (a fraction of its replacement cost) was one of the most celebrated business transactions of the post-war era.