Hilton Worldwide Holdings Inc. FY 2025 10-K, explained in plain English
Key financials — as reported
| Total revenue | $12.0B |
| Gross margin | — not reported |
| Operating income | $2.7B |
| Net income | $1.5B |
| Diluted EPS | $6.12 |
| Cash & equivalents | $918.0M |
| Total assets | $16.8B |
| Long-term debt | $12.3B |
Key takeaway
Hilton grew its hotel system to 9,158 properties and 1,351,351 rooms across 143 countries as of December 31, 2025, with net unit growth of 6.7% for the year.
🔒 4 more takeaways in the full analysis
Beneath the surface
Total debt carrying amount of $12.459 billion versus cash and equivalents of only $918 million implies a large net debt position of roughly $11.5 billion, understated by the headline cash figure alone.
🔒 4 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for HLT.
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