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Hyatt Hotels Corp (H) stock

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NYSE: H NYSE Hotels, Resorts & Cruise Lines Next results ~February 11, 2027

D Fundamentals grade

Hyatt Hotels Corp is a US-listed company in the hotels, resorts & cruise lines industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 108% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 108% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Hyatt Hotels Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 14 selling0 purchases and 57 sales by directors and officers, last 12 monthsInsider trades
  • Funds230 adding, 222 cuttingOf 52 active managers that changed their stake, 25 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Hyatt Hotels files

10-Q filed October 29: Hyatt Hotels

Hyatt Hotels generated $7.11bn in revenue over the twelve months to September 2026, a rise of 2.8% on the year before. That pace has slowed markedly from the 5.8% growth recorded a quarter earlier. Among the 16 hotels, resorts and cruise lines companies we cover, this leaves Hyatt ranked 14th for growth. Free-cash-flow margin, by contrast, improved to 2.6%, up from 1.5% a year earlier, suggesting better cash conversion even as top-line momentum fades. Taken together, these shifts have pushed the company's fundamentals grade down from C+ to D, a signal that the overall picture has weakened despite the cash-flow gain.

Our model value for Hyatt Hotels is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Hyatt Hotels stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $7.15bn, up 5.8% on a year earlier, slower than 7.2% a quarter earlier. Free-cash-flow margin rose to 3.5% from 2.0% a year earlier. The diluted share count is down 3.0% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 0 of our 2 financial-health checks. At that price, our model says the market is pricing in about 28.3% a year of cash-flow growth for five years, faster than the 18.8% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 11, 2027 (estimated)

Hyatt Hotels Corp's trailing-twelve-month revenue grew 2.8% year on year, with a free-cash-flow margin of 2.6%. Where it lags: change in growth rate of -3.0pp ranks 22 of 25 hotels, resorts & cruise lines companies we cover.

Our discounted-cash-flow model values the business at ~$38 per share in the base case (~$17–$64 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 67% in the quarter to 2026-09-30, the 4th beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 1.2% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • High earnings multiple. The shares trade at 96 times the last 12 months' earnings, so expectations are demanding.
  • Insiders selling. 14 insiders sold $123M of stock over the past 365 days and none bought (2% under pre-set trading plans).
  • Growth easing. The growth rate is 3.0 points lower than a quarter earlier.
  • Below peers: change in growth rate. Change in growth rate of -3.0pp ranks 22 of 25 hotels, resorts & cruise lines companies we cover (median -0.5pp).
  • Below peers: revenue growth. Revenue growth of 2.8% ranks 21 of 25 hotels, resorts & cruise lines companies we cover (median 9.7%).
  • Heavily shorted. 34.8% of the shares available to trade are sold short (7.3 days of average volume to cover).

Latest results: FY2026 Q3

Filed October 29, 2026
Earnings per share
$1.27 against an average estimate of $0.76: beat by 66.8%
Revenue
$1.74bn, down 2.4% on a year earlier
Share reaction
+4.2% in the first session after the results on October 29, 2026, against -2.1% for the S&P 500
Guidance given
comparable system-wide hotels RevPAR growth growth 5% to 5.5% (full year 2026); net rooms growth growth 6% (full year 2026)
Next report
October 29, 2026; average EPS estimate $1.02

Hyatt Hotels' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.0%
  • 1 week+8.1%
  • 1 month+17.0%
  • This year+16.3%
  • 1 year+35.8%
  • 5 years+122.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$7.1B
Net margin
2.6%
EPS (TTM, diluted)
$1.94

Growth

Revenue growth
+2.8%
Change in growth rate
−3.0 pts
Share count change
−1.2%

Cash

Free cash flow (TTM)
$184M
FCF margin
2.6%
Stock pay % of revenue
1.0%

Earnings

Last results
October 29, 2026
Next results (est.)
February 11, 2027

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Financing

    Hyatt prices $400,000,000 senior notes due 2033

    Hyatt Hotels Corp said it priced a public offering of $400,000,000 in senior notes due 2033. The notes carry a fixed annual interest rate of 5.950% and are expected to close on November 12, 2026. The company intends to use the net proceeds to repay its 5.750% notes due 2027.

    Company releaseRead source ↗
  2. Leadership
  3. Results

    Hyatt posts Q3 2026 net income of $58 million

    Hyatt Hotels Corp said third quarter 2026 net income was $58 million, with adjusted diluted EPS of $1.27. Gross fees rose 15.2% to $327 million, while the company repurchased 867,109 shares for $147 million. Full year 2026 adjusted EBITDA is projected between $1,170 million and $1,200 million.

    Company releaseRead source ↗SEC filing ↗
  4. Guidance
  5. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Hyatt Hotels Corp valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 108% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Hyatt Hotels Corp as an operating company, with every model that fits that kind of business. Cost of equity 9.7%: the 10-year Treasury yield (4.9%) plus a beta of 1.07 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$70 ~$60–$95 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$42 ~$29–$62 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$43 ~$37–$50 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Hyatt Hotels Corp with Hotels, Resorts & Cruise Lines in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$45.40$53.36$71.01$65.78$88.19$73.16$94.49$89.12$129.01$155.91$159.91$185.96
Market value$6.5bn$7.1bn$9.0bn$7.6bn$9.4bn$7.4bn$9.8bn$9.9bn$13.9bn$16.0bn$15.3bn$17.8bn
+ Net debt (− = net cash)$927m$1.1bn−$503m−$570m$745m$2.1bn$3.0bn$2.8bn$2.9bn$3.2bn$3.5bn$4.0bn
Enterprise value$7.5bn$8.2bn$8.5bn$7.0bn$10.1bn$9.5bn$12.9bn$12.7bn$16.8bn$19.2bn$18.8bn$21.8bn
Multiples
Price / sales 1.5x1.6x1.9x1.7x1.9x3.6x3.2x1.7x2.1x2.4x2.2x2.5x
Price / earnings 52.7x34.7x23.1x9.8x12.2x——21.8x63.2x12.3x—95.7x
Price / free cash flow 24.3x28.5x31.0x172.1xn/m—48.2x21.0x23.1x34.5x96.0x96.7x
EV / EBITDA ————————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

35 /100

Weak moat

How hard Hyatt Hotels's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 2.1% of total assets over 10 years.

  • Durability 0 / 20

    Net margin has been a median 3.7%; its worst year was -16.7%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 8 of 10 years, at a median 2.7% of revenue.

  • Discipline 19 / 20

    The diluted share count fell 6.4% over five years; stock-based pay has been a median 1.0% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.80 +74% $7.1bn +1%
Next $4.90 +29% $7.7bn +9%

Next year's EPS estimate has moved +0.5% in 90 days, across 23 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +5.4% on 90 days ago. In the last 30 days, 1 analyst raised Hyatt Hotels Corp's forecast and 1 cut it.

Consensus EPS forecast Hyatt Hotels Corp, last 90 days
$3.50 $4.00 $4.50 $5.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.60 Current fiscal year, 60 days ago: $3.59 Current fiscal year, 30 days ago: $3.60 Current fiscal year, 7 days ago: $3.59 Current fiscal year, Now: $3.80 $3.80 Next fiscal year, 90 days ago: $4.87 Next fiscal year, 60 days ago: $4.86 Next fiscal year, 30 days ago: $4.87 Next fiscal year, 7 days ago: $4.86 Next fiscal year, Now: $4.90 $4.90

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.60$4.87
60 days ago $3.59$4.86
30 days ago $3.60$4.87
7 days ago $3.59$4.86
Now $3.80$4.90

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.76 $1.27 +66.8%
Jun 2026 $0.93 $1.12 +21.0%
Mar 2026 $0.57 $0.63 +10.8%
Dec 2025 $0.38 $1.33 +250.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 29, 2026
  • Gross Fees 2026 Outlook $1,320m to $1,335m
    “Gross Fees $1,320 - $1,335 $1,198 10% to 11%” source
  • Comparable system-wide hotels RevPAR growth full year 2026 5% growth to 5.5% growth Raised
    “Comparable system-wide hotels RevPAR growth is projected to be between 5.0% and 5.5%, compared to the full year 2025” source
  • Net rooms growth full year 2026 about 6% growth Maintained vs about 6
    “Net rooms growth is projected to be approximately 6%, compared to the full year 2025” source
  • Net income attributable to Hyatt Hotels Corporation full year 2026 $240m to $310m Lowered vs 250m to 335m
    “Net income attributable to Hyatt Hotels Corporation is projected to be between $240 million and $310 million” source
  • Adjusted G&A Expenses 2026 Outlook $440m to $445m Non-GAAP Lowered vs 440m to 450m
    “Adjusted G&A Expenses 1 $440 - $445 $445 (1)% to 0%” source
  • Adjusted EBITDA full year 2026 $1,170m to $1,200m Non-GAAP Raised vs 1,155m to 1,205m
    “Adjusted EBITDA is projected to be between $1,170 million and $1,200 million, an increase of 14% to 17%, compared to the full year 2025, after adjusting for the period of ownership of hotels acquired as part of the Playa Hotels Acquisition and assets sold in 2025” source
Show 4 more items
  • Capital Expenditures 2026 Outlook about $130m Lowered vs about 135m
    “Capital Expenditures Approx. $130 $220 Approx. (41)%” source
  • Adjusted Free Cash Flow 2026 Outlook $580m to $630m Non-GAAP Maintained vs 580m to 630m
    “Adjusted Free Cash Flow 1 $580 - $630 $474 22% to 33%” source
  • Capital Returns to Shareholders full year 2026 $375m to $425m Raised
    “Capital returns to shareholders have been increased and are projected to be between $375 million and $425 million through dividends and share repurchases” source
  • United States RevPAR growth full year 2026 5% growth to 6% growth Raised vs 3 to 4
    “The full-year outlook assumes moderately stronger growth in the United States compared to international markets, with United States RevPAR now expected to grow between 5% and 6% for the full year.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

25 analysts, Oct 2026
Buy1664%
Hold936%
Sell00%

Monthly trend

  1. Oct 2026313925
  2. Sep 2026312924
  3. Aug 2026311923
  4. Jul 2026311923

Counts of recommendations published by analysts covering Hyatt Hotels Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
34.8%
of tradable shares
Days to cover
7.26
at average volume
Short interest, 1 month
+21%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
3.4%
of shares
Employees
50,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +35.8%

$136.93 on October 31, 2025 to $185.96

ThenNowEffect
Revenue (last 12 months) $6.8bn $7.2bn +5.8%
Net margin 6.4% 1.1% −82.7%
P/E multiple 31.2x n/m +620.4%
Share count 98m 95m +3.1%

Biggest factor: p/e multiple.

Last 3 years +79.8%

$103.40 on November 3, 2023 to $185.96

ThenNowEffect
Revenue (last 12 months) $6.5bn $7.2bn +9.8%
Net margin 6.9% 1.1% −83.9%
P/E multiple 25.4x n/m +785.6%
Share count 110m 95m +15.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
H+29%−6%+45%+21%+3%+16%
Industry peers (median)+26%−27%+46%+26%+10%+22%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
H42%42%58%50%50%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
H−24%−33%−21%−20%−37%−23%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 61% from February 20, 2020 to March 18, 2020. Getting back needed a 153% gain, reached on December 23, 2021, 645 days after the low.

Price behaviour

52-week range
$134.94 – $201.92
From 52-week high
−7.9%
vs 50-day average
+12.1%
vs 200-day average
+9.6%
Volatility (1 year)
35%
Beta vs S&P 500
0.94

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±6.2%
After a week
8 up, 3 down
typical move ±6.8%
After a month
6 up, 5 down
typical move ±11.2%
Results releasedNext dayS&P 500 next day5 days21 days
October 29, 2026 +4.2% −2.1% — —
July 30, 2026 −6.4% +2.4% −3.8% −7.3%
April 30, 2026 +3.0% +1.3% +7.3% +15.7%
February 12, 2026 −1.9% −1.5% +1.9% −16.1%
November 6, 2025 +12.6% −1.0% +10.2% +11.0%
August 7, 2025 −0.1% +0.7% +5.0% +7.0%
May 1, 2025 +9.1% +2.2% +12.7% +16.0%
February 13, 2025 −11.9% +1.1% −13.6% −21.9%
October 31, 2024 −7.7% −1.5% −2.0% −0.5%
August 6, 2024 −2.7% +0.2% +1.1% +10.1%
May 9, 2024 +3.0% +0.7% +0.9% −1.1%
February 23, 2024 +11.5% −0.3% +16.6% +16.6%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Hyatt Hotels Corp in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Hyatt Hotels Corp
$6.6B $6.8B $7B $7.2B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $6.7B Revenue (TTM), FY24 Q1: $6.7B Revenue (TTM), FY24 Q2: $6.7B Revenue (TTM), FY24 Q3: $6.7B Revenue (TTM), FY24 Q4: $6.6B Revenue (TTM), FY25 Q1: $6.7B Revenue (TTM), FY25 Q2: $6.8B Revenue (TTM), FY25 Q3: $6.9B Revenue (TTM), FY25 Q4: $7.1B Revenue (TTM), FY26 Q1: $7.1B Revenue (TTM), FY26 Q2: $7.2B Revenue (TTM), FY26 Q3: $7.1B $7.1B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $6.7B
FY24 Q1 $6.7B
FY24 Q2 $6.7B
FY24 Q3 $6.7B
FY24 Q4 $6.6B
FY25 Q1 $6.7B
FY25 Q2 $6.8B
FY25 Q3 $6.9B
FY25 Q4 $7.1B
FY26 Q1 $7.1B
FY26 Q2 $7.2B
FY26 Q3 $7.1B
Revenue growth, TTM YoY Hyatt Hotels Corp
-5% 0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 13.2% Revenue growth, TTM YoY, FY24 Q1: 6.5% Revenue growth, TTM YoY, FY24 Q2: 2.8% Revenue growth, TTM YoY, FY24 Q3: 1.7% Revenue growth, TTM YoY, FY24 Q4: -0.3% Revenue growth, TTM YoY, FY25 Q1: -0.7% Revenue growth, TTM YoY, FY25 Q2: 0.9% Revenue growth, TTM YoY, FY25 Q3: 3.1% Revenue growth, TTM YoY, FY25 Q4: 6.8% Revenue growth, TTM YoY, FY26 Q1: 7.2% Revenue growth, TTM YoY, FY26 Q2: 5.8% Revenue growth, TTM YoY, FY26 Q3: 2.8% 2.8%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 13.2%
FY24 Q1 6.5%
FY24 Q2 2.8%
FY24 Q3 1.7%
FY24 Q4 -0.3%
FY25 Q1 -0.7%
FY25 Q2 0.9%
FY25 Q3 3.1%
FY25 Q4 6.8%
FY26 Q1 7.2%
FY26 Q2 5.8%
FY26 Q3 2.8%
FCF margin (TTM) Hyatt Hotels Corp
0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 9.0% FCF margin (TTM), FY24 Q1: 9.2% FCF margin (TTM), FY24 Q2: 9.8% FCF margin (TTM), FY24 Q3: 8.8% FCF margin (TTM), FY24 Q4: 7.0% FCF margin (TTM), FY25 Q1: 5.7% FCF margin (TTM), FY25 Q2: 2.0% FCF margin (TTM), FY25 Q3: 1.5% FCF margin (TTM), FY25 Q4: 2.2% FCF margin (TTM), FY26 Q1: 1.6% FCF margin (TTM), FY26 Q2: 3.5% FCF margin (TTM), FY26 Q3: 2.6% 2.6%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 9.0%
FY24 Q1 9.2%
FY24 Q2 9.8%
FY24 Q3 8.8%
FY24 Q4 7.0%
FY25 Q1 5.7%
FY25 Q2 2.0%
FY25 Q3 1.5%
FY25 Q4 2.2%
FY26 Q1 1.6%
FY26 Q2 3.5%
FY26 Q3 2.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 3,330 3,527 3,698 3,949 4,184 4,415 4,328 4,429 4,685 4,454 5,020 2,066 3,028 5,891 6,667 6,648 7,101 7,109
Net income −43 66 113 88 207 344 124 206 389 769 766 −703 −222 455 220 1,296 −52 186
Diluted EPS −$0.28 $0.38 $0.67 $0.53 $1.30 $2.23 $0.86 $1.53 $3.08 $6.68 $7.21 −$6.93 −$2.13 $4.09 $2.05 $12.65 −$0.55 $1.94
Growth (year on year)
Revenue — +5.9% +4.8% +6.8% +6.0% +5.5% −2.0% +2.3% +5.8% −4.9% +12.7% −58.8% +46.6% +94.6% +13.2% −0.3% +6.8% +2.8%
Net income — — — −22.1% +135.2% +66.2% −64.0% +66.1% +88.8% +97.7% −0.4% −191.8% — — −51.6% +489.1% −104.0% —
Diluted EPS — — — −20.9% +145.3% +71.5% −61.4% +77.9% +101.3% +116.9% +7.9% −196.1% — — −49.9% +517.1% −104.3% —
Margins
Net margin −1.3% 1.9% 3.1% 2.2% 4.9% 7.8% 2.9% 4.7% 8.3% 17.3% 15.3% −34.0% −7.3% 7.7% 3.3% 19.5% −0.7% 2.6%
Free-cash-flow margin 1.8% 4.0% 1.7% 5.0% 5.4% 5.0% 6.2% 5.7% 6.2% 1.0% 0.5% −35.5% 6.7% 8.0% 9.0% 7.0% 2.2% 2.6%
Cash flow
Cash from operations 276 450 393 499 456 473 538 462 587 341 396 −611 315 674 800 633 379 328
Capital spending 216 310 331 301 232 253 269 211 298 297 369 122 111 201 198 170 220 144
Free cash flow 60 140 62 198 224 220 269 251 289 44 27 −733 204 473 602 463 159 184
Stock-based pay — — — 22 27 52 26 26 32 28 35 28 59 61 75 64 74 69
Free cash flow after stock pay — — — 176 197 168 243 225 257 16 −8 −761 145 412 527 399 85 115
Balance sheet
Cash 1,327 1,110 534 413 454 685 457 482 503 570 893 1,207 960 991 881 1,011 787 454
Total debt 0 828 1,225 1,233 1,483 1,390 1,384 1,580 — — 1,638 3,270 4,007 3,773 3,807 4,238 4,309 4,455
Net debt (negative = net cash) −1,327 −282 691 820 1,029 705 927 1,098 −503 −570 745 2,063 3,047 2,782 2,926 3,227 3,522 4,001
Diluted shares 151m 174m 169m 165m 159m 154m 144m 134m 126m 115m 106m 101m 104m 111m 108m 102m 96m 96m
Returned to shareholders
Dividends — — — — — — — 0 0 68 80 20 0 0 47 60 57 56
Buybacks — 0 396 136 275 443 715 272 743 946 421 69 0 369 453 1,190 293 408
Total returned — 0 396 136 275 443 715 272 743 1,014 501 89 0 369 500 1,250 350 464

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 6 checks passed · September 30, 2026
What it owns · $13.9bn
Short-term assets $2.1bnLonger-term assets $11.8bn
What it owes, and who funded it · $13.6bn
Short-term liabilities $3.4bnLonger-term liabilities $7.0bnShareholders' equity $3.2bn
  • Short-term assets cover short-term liabilities $2.1bn of assets due within a year against $3.4bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2.1bn short-term assets against $7.0bn of longer-dated liabilities.
  • More cash than debt $454m of cash against $3.7bn of debt.
  • Debt below 40% of shareholders' equity Debt is 115% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 108% to 115% over five years.
  • A year's operating cash flow covers at least 20% of debt $328m of operating cash flow against $3.7bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Hyatt Hotels Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$408M
Dividends (TTM)
$56M
Returned to shareholders
252%
of free cash flow
Buybacks, last 3 fiscal years
$1.9B
Diluted share count
−1.2%
year over year
Total shareholder yield
2.6%
dividends 0.3% + buybacks 2.3% of market value
Dividend payout ratio
30%
of net income paid out

Competitors: side by side with peers

Closest by revenue in hotels, resorts & cruise lines
Last 12 months unless stated H VIK HGV TCOM VAC NCLH Median
Revenue, last 12 months $7.1bn $6.5bn $5.9bn $8.7bn $5.2bn $10.2bn $5.2bn
Revenue growth, last 12 months 2.8% 21.9% 18.8% 17.2% 1.7% 4.9% 9.7%
Revenue growth, 3-year average 2.5% — 14.5% 110.6% 2.6% 7.9% 8.0%
Revenue growth, latest quarter −2.4% — 50.8% — 5.9% 0.3% 8.1%
Gross margin — 43.3% — 80.6% 8.2% 41.4% 47.7%
Operating margin — 23.1% — 25.3% — 13.8% 16.0%
Operating margin, 3-year average — — — 9.7% — 15.0% 15.3%
Net margin 2.6% 17.7% 7.0% 53.3% −6.5% 8.2% 11.4%
Cash from operations / revenue 4.6% 39.4% 8.7% 23.0% 2.8% 21.3% 20.4%
Free-cash-flow margin 2.6% — 8.0% 21.8% 1.9% −5.6% 12.1%
Free-cash-flow margin, 3-year average 4.3% — 5.0% 18.6% 2.2% −4.4% 10.3%
Stock pay / revenue 1.0% 1.4% 1.1% 3.6% 0.8% 0.9% 1.3%
Change in share count −1.2% 21.7% −12.5% 1.4% −5.0% −3.5% −3.4%

Median of all 25 companies we cover in hotels, resorts & cruise lines. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

25 hotels, resorts & cruise lines companies
Measure Company Peer median Rank
Revenue growth Growth 2.8% 9.7% 21 of 25
Change in growth rate Growth -3.0pp -0.5pp 22 of 25
Net margin Profitability 2.6% 11.4% 20 of 25
Free-cash-flow margin Cash generation 2.6% 12.7% 20 of 24
Stock pay as % of revenue Cash generation 1.0% 1.4% 8 of 24
Long-term debt as % of assets Balance sheet 26.5% 41.9% 11 of 24
Change in share count Balance sheet -1.2% -3.5% 17 of 23

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Revenues For Reimbursed Costs $3.6B 50.6% ▲ 8.3%
Segment Revenues $3.6B 98.0% ▲ 5.7%
Other Owned and Leased Hotel Revenue $144M 4.0% ▲ 2.1%
Contra Revenue -$86M -2.4% —
Owned and Leased $1.4B 19.2% ▲ 17.1%
Gross Fees $1.2B 16.7% ▲ 9.0%
Base Management Fees $446M 6.2% ▲ 11.8%
Incentive Management Fees $272M 3.8% ▲ 12.4%
Food and Beverage $215M 3.0% ▼ 22.9%
Other Revenues $39M 0.5% ▼ 43.5%
Geography
Region Revenue Share YoY
United States $5B 69.8% ▼ 1.6%
Outside the US $2.1B 30.2% ▲ 33.1%

From Hyatt Hotels Corp's 10-K filed February 13, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$9.2B
Institutions reporting
525
Shares held vs prior quarter
▼ 2.8%
Positions opened / closed
80 / 42

Top buyers and sellers, Q2 2026: 230 institutions bought and 222 sold ; the biggest buyer was BAMCO Inc (+937K shares) and the biggest seller Wellington Management Group LLP (−1.6M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
BAMCO Inc $1.4B 7.3M 15.3% ▲ 14.8%
Principal Financial Group Inc $859M 4.4M 9.3% ▼ 6.2%
Blackrock, Inc. $829M 4.3M 9.0% ▲ 6.8%
Wellington Management Group LLP $548M 2.8M 5.9% ▼ 35.5%
Massachusetts Financial Services Co $531M 2.7M 5.8% ▼ 4.1%
Vanguard Capital Management LLC $346M 1.8M 3.8% ▲ 0.3%
Vanguard Portfolio Management LLC $337M 1.7M 3.6% ▲ 2.6%
Morgan Stanley $305M 1.6M 3.3% ▲ 16.3%
State Street Corp $277M 1.4M 3.0% ▲ 2.2%
Veritas Asset Management LLP $257M 1.3M 2.8% ▼ 0.7%
Alliancebernstein L.P. $192M 1.3M 2.1% ▲ 96.4%
Geode Capital Management, LLC $160M 826K 1.7% ▲ 4.3%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Hyatt Hotels Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $123M 57 trades by 14 insiders · 2% under pre-set plans
Net ▼ $123M net selling
Insider Date Trade Shares Price Value
Bottarini Joan See Remarks October 16, 2026 Sell pre-set plan 1,826 $172.00 $314,072
Lalvani Amar See Remarks September 14, 2026 Sell 1,364 $163.06 $222,414
Kronick Susan D Director August 17, 2026 Sell pre-set plan 1,700 $179.88 $305,796
Bottarini Joan See Remarks August 3, 2026 Sell pre-set plan 1,825 $170.37 $310,925
Hoplamazian Mark Samuel See Remarks June 22, 2026 Sell 4,110 $198.65 $816,452
Hoplamazian Mark Samuel See Remarks June 22, 2026 Sell 16,850 $195.96 $3.3M
Hoplamazian Mark Samuel See Remarks June 22, 2026 Sell 30,479 $196.80 $6M
Hoplamazian Mark Samuel See Remarks June 22, 2026 Sell 33,352 $197.82 $6.6M
Hoplamazian Mark Samuel See Remarks June 18, 2026 Sell 18,241 $202.45 $3.7M
Hoplamazian Mark Samuel See Remarks June 18, 2026 Sell 4,759 $203.31 $967,552
Hoplamazian Mark Samuel See Remarks June 18, 2026 Sell 11,801 $204.50 $2.4M
Hoplamazian Mark Samuel See Remarks June 18, 2026 Sell 408 $205.23 $83,734

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 5 trades and filings

No trades in Hyatt Hotels Corp disclosed in the last 12 months; 5 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded October 14, 2025, filed November 21, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded June 17, 2025, filed August 13, 2025
  • Donna Shalala(FL):Sale (full), $1,001 - $15,000, traded June 24, 2019, filed April 27, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 11, 2027 estimated from the company's past filing pattern, not announced

  • October 29, 2026
  • July 30, 2026
  • April 30, 2026
  • February 12, 2026
  • November 6, 2025
  • August 7, 2025

Recent SEC filings

Data status

When each part of this page on Hyatt Hotels Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Hyatt Hotels Corp in brief

What does Hyatt Hotels Corp do?
Hyatt Hotels Corp is a US-listed company in the hotels, resorts & cruise lines industry. Its financial year ends in December.
What is Hyatt Hotels Corp's stock ticker?
Hyatt Hotels Corp trades under the ticker H on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Hyatt Hotels Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Hyatt Hotels Corp reported revenue of $7.1B, 2.8% higher than a year earlier, according to its SEC filings.
What is Hyatt Hotels Corp's free cash flow?
Hyatt Hotels Corp's free-cash-flow margin is 2.6% of revenue over the trailing twelve months, ranking 20 of the 24 hotels, resorts & cruise lines companies we cover.
Who are Hyatt Hotels Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are BAMCO Inc, Principal Financial Group Inc and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Hyatt Hotels Corp buying back stock, and does it pay a dividend?
Hyatt Hotels Corp spent $408M on share repurchases over the trailing twelve months, and its diluted share count fell 1.2% over the year.
What is Hyatt Hotels Corp's market cap?
On November 2, 2026, Hyatt Hotels Corp's market capitalisation was about $17.8B, with a price-to-earnings ratio of 95.7 and net debt of $4B. Market figures come from third-party market data and may be delayed.
Does Hyatt Hotels Corp pay a dividend?
Yes: Hyatt Hotels Corp paid $56M in dividends over the trailing twelve months, a dividend yield of 0.31% and a payout ratio of 30.1%.
How much debt does Hyatt Hotels Corp have?
Hyatt Hotels Corp's debt-to-equity ratio is 115.2%, from its latest balance sheet (108.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are Hyatt Hotels Corp's competitors?
In our Hotels, Resorts & Cruise Lines peer group, the companies closest to Hyatt Hotels Corp are Viking Holdings Ltd, Hilton Grand Vacations Inc., Trip.com Group Ltd, Marriott Vacations Worldwide Corp and Norwegian Cruise Line Holdings. The side-by-side comparison below sets their revenue, margins and growth against Hyatt Hotels Corp's.
Are insiders buying or selling Hyatt Hotels Corp stock?
Over the last 12 months, Hyatt Hotels Corp's directors and officers reported 0 open-market purchases and 57 sales on Form 4. The insider trading page charts every trade.
When is Hyatt Hotels Corp's next earnings date?
Around February 11, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Hyatt Hotels Corp announces its own schedule.