Income Statement Hyatt Hotels Corporation

Equities

H

US4485791028

Hotels, Motels & Cruise Lines

Real-time Estimate Cboe BZX Other stock markets 10:33:18 2025-01-21 EST			5-day change	1st Jan Change
156.18 ^USD	+0.12%		+1.15%	-0.80%

12-27	Hyatt Hotels Finalizes Joint Venture With Grupo Pinero in Spain	MT
12-27	Hyatt Hotels Corporation and Grupo Pinero Finalize Strategic Joint Venture, Adding the Bahia Principe Hotels & Resorts Brand to Hyatt's Existing All-Inclusive Portfolio	CI

79004c6817.ydFb7D-Oq3I0Xv6X8IuM4ropbWSjhIW405qlu2wUJNE.paQtvw_axxNBHJLmpPj0t8J2Iwrptt3pm_OR419mQKmBnAuHSqOYKm5qkQ

Published financial data: HYATT HOTELS CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	2.43B	722M	1.34B	3B	3.31B
Other Revenues, Total	125M	58M	109M	273M	3.36B
Total Revenues	2.56B	780M	1.44B	3.27B	6.67B
Cost of Goods Sold, Total	1.56B	692M	964M	1.97B	2.21B
Gross Profit	1B	88M	481M	1.3B	4.46B
Selling General & Admin Expenses, Total	380M	321M	358M	445M	615M
Depreciation & Amortization - (IS)	329M	310M	310M	426M	397M
Other Operating Expenses	59M	89M	56M	12M	3.14B
Other Operating Expenses, Total	768M	720M	724M	883M	4.16B
Operating Income	234M	-632M	-243M	417M	305M
Interest Expense, Total	-75M	-128M	-163M	-150M	-145M
Interest And Investment Income	25M	30M	28M	44M	74M
Net Interest Expenses	-50M	-98M	-135M	-106M	-71M
Income (Loss) On Equity Invest.	-10M	-70M	28M	5M	-1M
Currency Exchange Gains (Loss)	1M	-9M	6M	-12M	-10M
Other Non Operating Income (Expenses)	27M	-5M	4M	21M	20M
EBT, Excl. Unusual Items	202M	-814M	-340M	325M	243M
Restructuring Charges	-	-73M	-3M	-39M	-4M
Merger & Related Restructuring Charges	-37M	-	-54M	-25M	-16M
Impairment of Goodwill	-	-38M	-	-7M	-
Gain (Loss) On Sale Of Investments	90M	53M	59M	-130M	91M
Gain (Loss) On Sale Of Assets	739M	-36M	414M	263M	18M
Asset Writedown	-18M	-24M	-8M	-31M	-30M
Other Unusual Items	30M	-28M	-24M	7M	8M
EBT, Incl. Unusual Items	1.01B	-960M	44M	363M	310M
Income Tax Expense	240M	-257M	266M	-92M	90M
Earnings From Continuing Operations	766M	-703M	-222M	455M	220M
Net Income to Company	766M	-703M	-222M	455M	220M
Minority Interest	-	-	-	-	-
Net Income - (IS)	766M	-703M	-222M	455M	220M
Net Income to Common Incl Extra Items	766M	-703M	-222M	455M	220M
Net Income to Common Excl. Extra Items	766M	-703M	-222M	455M	220M
Per Share Items
Net EPS - Basic	7.32	-6.94	-2.14	4.17	2.1
Basic EPS - Continuing Operations	7.32	-6.94	-2.14	4.17	2.1
Basic Weighted Average Shares Outstanding	105M	101M	104M	109M	105M
Net EPS - Diluted	7.21	-6.94	-2.14	4.09	2.05
Diluted EPS - Continuing Operations	7.21	-6.94	-2.14	4.09	2.05
Diluted Weighted Average Shares Outstanding	106M	101M	104M	111M	108M
Normalized Basic EPS	1.21	-5.02	-2.04	1.86	1.45
Normalized Diluted EPS	1.19	-5.02	-2.04	1.83	1.41
Dividend Per Share	0.76	0.2	-	-	0.45
Payout Ratio	10.44	-2.84	-	-	21.36
Supplemental Items
EBITDA	585M	-322M	67M	843M	702M
EBITA	281M	-605M	-195M	627M	483M
EBIT	234M	-632M	-243M	417M	305M
EBITDAR	732M	-239M	179M	998M	849M
Total Revenues (As Reported)	5.02B	2.07B	3.03B	5.89B	6.67B
Effective Tax Rate - (Ratio)	23.86	26.77	604.55	-25.34	29.03
Current Domestic Taxes	109M	-201M	53M	110M	127M
Current Foreign Taxes	103M	3M	13M	57M	88M
Total Current Taxes	212M	-198M	66M	167M	215M
Deferred Domestic Taxes	31M	-58M	191M	-261M	-66M
Deferred Foreign Taxes	-3M	-1M	9M	2M	-59M
Total Deferred Taxes	28M	-59M	200M	-259M	-125M
Normalized Net Income	126M	-509M	-212M	203M	152M
Interest Capitalized	6M	5M	-	-	-
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Net Rental Expense, Total	147M	83M	112M	155M	147M
Imputed Operating Lease Interest Expense	51.74M	31M	36.46M	47.62M	50M
Imputed Operating Lease Depreciation	95.26M	52M	75.54M	107M	97M
Stock-Based Comp., COGS (Total)	-	-	-	-	3M
Stock-Based Comp., SG&A Exp. (Total)	35M	24M	50M	61M	72M
Stock-Based Comp., Other (Total)	-	4M	9M	-	-
Total Stock-Based Compensation	35M	28M	59M	61M	75M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	893M	1.21B	960M	991M	881M
Short Term Investments	68M	675M	227M	158M	15M
Total Cash And Short Term Investments	961M	1.88B	1.19B	1.15B	896M
Accounts Receivable, Total	421M	316M	610M	818M	861M
Notes Receivable	-	-	23M	16M	22M
Total Receivables	421M	316M	633M	834M	883M
Inventory	12M	9M	10M	9M	9M
Prepaid Expenses	134M	64M	145M	163M	168M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	150M	11M	57M	39M	34M
Other Current Assets, Total	28M	281M	30M	56M	140M
Total Current Assets	1.71B	2.56B	2.06B	2.25B	2.13B
Gross Property Plant And Equipment	6.13B	5.95B	5.61B	4.95B	4.96B
Accumulated Depreciation	-2.18B	-2.35B	-2.32B	-2.18B	-2.25B
Net Property Plant And Equipment	3.95B	3.6B	3.29B	2.77B	2.71B
Long-term Investments	496M	425M	378M	334M	412M
Goodwill	326M	288M	2.96B	3.1B	3.2B
Other Intangibles, Total	437M	385M	1.98B	1.67B	1.67B
Loans Receivable Long-Term	35M	29M	41M	60M	73M
Deferred Tax Assets Long-Term	144M	207M	14M	257M	358M
Deferred Charges Long-Term	-	-	14M	106M	194M
Other Long-Term Assets, Total	1.32B	1.63B	1.86B	1.77B	2.08B
Total Assets	8.42B	9.13B	12.6B	12.31B	12.83B
Liabilities
Accounts Payable, Total	150M	102M	523M	500M	493M
Accrued Expenses, Total	388M	261M	395M	582M	628M
Current Portion of Long-Term Debt	9M	258M	9M	658M	749M
Current Portion of Leases	34M	31M	36M	41M	43M
Unearned Revenue Current, Total	445M	282M	1.18B	1.44B	1.6B
Other Current Liabilities	60M	50M	91M	68M	67M
Total Current Liabilities	1.09B	984M	2.23B	3.29B	3.58B
Long-Term Debt	1.6B	2.98B	3.96B	2.45B	2.3B
Long-Term Leases	402M	384M	355M	303M	277M
Unearned Revenue Non Current	475M	659M	1.35B	1.5B	1.76B
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	47M	48M	93M	72M	66M
Other Non Current Liabilities	837M	863M	1.05B	1B	1.28B
Total Liabilities	4.45B	5.92B	9.04B	8.61B	9.27B
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	-	13M	640M	318M	-
Retained Earnings	4.17B	3.39B	3.17B	3.62B	3.74B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-209M	-192M	-245M	-242M	-175M
Total Common Equity	3.96B	3.21B	3.56B	3.7B	3.56B
Minority Interest	5M	3M	3M	3M	3M
Total Equity	3.97B	3.21B	3.57B	3.7B	3.57B
Total Liabilities And Equity	8.42B	9.13B	12.6B	12.31B	12.83B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	101M	101M	110M	106M	103M
ECS Total Common Shares Outstanding	102M	101M	110M	106M	103M
Book Value / Share	39.01	31.7	32.4	34.76	34.59
Tangible Book Value	3.2B	2.54B	-1.38B	-1.07B	-1.31B
Tangible Book Value Per Share	31.49	25.06	-12.54	-10.06	-12.72
Total Debt	2.05B	3.65B	4.36B	3.45B	3.37B
Net Debt	1.09B	1.77B	3.18B	2.3B	2.47B
Debt Equivalent of Unfunded Proj. Benefit Obligation	21M	23M	21M	16M	16M
Debt Equivalent Oper. Leases	1.18B	664M	896M	1.24B	1.18B
Minority Interest, Total (Incl. Fin. Div)	5M	3M	3M	3M	3M
Equity Method Investments, Total	232M	260M	216M	178M	211M
Account Code - Inventory Valuation	5	5	5	4	5
Land - (BS)	690M	658M	676M	557M	564M
Buildings, Total	3.28B	3.38B	3.06B	2.66B	2.64B
Machinery, Total	1.18B	1.22B	1.19B	1.14B	1.17B
Full Time Employees	55K	37K	44K	50K	51K
Accumulated Allowance for Doubtful Accounts (Supple)	32M	56M	53M	63M	50M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	766M	-703M	-222M	455M	220M
Depreciation & Amortization - CF	339M	314M	289M	251M	261M
Amortization of Goodwill and Intangible Assets - (CF)	47M	27M	48M	210M	178M
Depreciation & Amortization, Total	386M	341M	337M	461M	439M
(Gain) Loss From Sale Of Asset	-723M	36M	-414M	-263M	-18M
(Gain) Loss on Sale of Investments - (CF)	-18M	13M	-14M	55M	-36M
Asset Writedown & Restructuring Costs	-8M	62M	8M	38M	30M
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	23M	73M	-28M	11M	10M
Stock-Based Compensation (CF)	35M	28M	59M	61M	75M
Other Operating Activities, Total	-57M	-57M	201M	-311M	-123M
Change In Accounts Receivable	-29M	133M	-85M	-209M	-
Change In Inventories	1M	-	-	-	-
Change In Accounts Payable	26M	-249M	87M	96M	-29M
Change in Unearned Revenues	-	73M	213M	491M	492M
Change In Income Taxes	10M	-241M	255M	2M	-24M
Change in Other Net Operating Assets	-16M	-120M	-82M	-213M	-236M
Cash from Operations	396M	-611M	315M	674M	800M
Capital Expenditure	-369M	-122M	-111M	-201M	-198M
Cash Acquisitions	-18M	-	-2.92B	-174M	-175M
Divestitures	813M	83M	3M	625M	-
Sale (Purchase) of Real Estate properties	127M	2M	755M	-	-10M
Sale (Purchase) of Intangible assets	21M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-20M	-60M	69M	46M	-36M
Net (Increase) Decrease in Loans Originated / Sold - Investing	28M	-32M	-14M	-8M	-42M
Other Investing Activities, Total	3M	-607M	442M	128M	96M
Cash from Investing	585M	-736M	-1.77B	416M	-365M
Long-Term Debt Issued, Total	400M	2.05B	1.96B	-	600M
Total Debt Issued	400M	2.05B	1.96B	-	600M
Long-Term Debt Repaid, Total	-409M	-406M	-1.22B	-711M	-660M
Total Debt Repaid	-409M	-406M	-1.22B	-711M	-660M
Issuance of Common Stock	-	-	600M	-	-
Repurchase of Common Stock	-421M	-69M	-	-369M	-453M
Common Dividends Paid	-80M	-20M	-	-	-47M
Common & Preferred Stock Dividends Paid	-80M	-20M	-	-	-47M
Other Financing Activities, Total	-31M	-30M	-54M	-26M	-18M
Cash from Financing	-541M	1.52B	1.29B	-1.11B	-578M
Foreign Exchange Rate Adjustments	1M	-4M	-3M	18M	-2M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-3M
Net Change in Cash	441M	174M	-172M	2M	-148M
Supplemental Items
Cash Interest Paid	79M	105M	145M	138M	115M
Cash Income Tax Paid (Refund)	175M	63M	-210M	101M	153M
Levered Free Cash Flow	79.38M	-512M	1.33B	663M	481M
Unlevered Free Cash Flow	126M	-432M	1.43B	757M	572M
Change In Net Working Capital	93M	284M	-1.3B	-175M	-65M
Net Debt Issued / Repaid	-9M	1.64B	742M	-711M	-60M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.82	-4.5	-1.4	2.09	1.52
Return on Total Capital	2.58	-6.13	-2.05	3.46	2.71
Return On Equity %	20.04	-19.58	-6.55	12.52	6.05
Return on Common Equity	20.07	-19.6	-6.55	12.53	6.06
Margin Analysis
Gross Profit Margin %	39.16	11.28	33.29	39.74	66.91
SG&A Margin	14.85	41.15	24.78	13.6	9.22
EBITDA Margin %	22.86	-41.28	4.64	25.77	10.53
EBITA Margin %	10.98	-77.56	-13.49	19.17	7.24
EBIT Margin %	9.14	-81.03	-16.82	12.75	4.57
Income From Continuing Operations Margin %	29.93	-90.13	-15.36	13.91	3.3
Net Income Margin %	29.93	-90.13	-15.36	13.91	3.3
Net Avail. For Common Margin %	29.93	-90.13	-15.36	13.91	3.3
Normalized Net Income Margin	4.93	-65.22	-14.71	6.21	2.28
Levered Free Cash Flow Margin	3.1	-65.64	91.99	20.27	7.21
Unlevered Free Cash Flow Margin	4.93	-55.38	99.04	23.13	8.57
Asset Turnover
Asset Turnover	0.32	0.09	0.13	0.26	0.53
Fixed Assets Turnover	0.68	0.21	0.42	1.08	2.43
Receivables Turnover (Average Receivables)	5.74	1.96	2.89	4.2	3.94
Inventory Turnover (Average Inventory)	119.77	65.9	101.47	207.47	245.11
Short Term Liquidity
Current Ratio	1.57	2.6	0.92	0.68	0.6
Quick Ratio	1.27	2.23	0.81	0.6	0.49
Operating Cash Flow to Current Liabilities	0.36	-0.62	0.14	0.21	0.22
Days Sales Outstanding (Average Receivables)	63.58	186.8	126.22