The Business Study
Hilton Worldwide Holdings Inc. · HLTHow Hilton makes money
Hilton brought in $12.0 billion in revenue in 2025 and kept $1.5 billion as profit: $12.10 of every $100. Its biggest source of money was Pass-through costs, at $7.1 billion (59% of the total).
From Hilton's Form 10-K for the year ended December 31, 2025. Page updated November 8, 2026.
Out of every $100 Hilton took in, it kept
Where Hilton's money comes from. 5 lines in its 10‑K.
6 years of Hilton's revenue and profit.
Fiscal years as Hilton reports them; the latest ended December 31, 2025. Profit is net income.
Quick answers about Hilton.
How does Hilton make money?
Hilton mostly earns franchise and management fees from hotels owned by others. The biggest line in its latest 10-K is Pass-through costs ($7.1 billion).
How much money does Hilton make a year?
$12.0 billion in revenue in 2025, and $1.5 billion in net profit. That's up 8% from the year before.
Is Hilton profitable?
Yes. Hilton made $1.5 billion in net profit in 2025, which is $12.10 of every $100 it took in. It lost money in 2020.
How many employees does Hilton have?
About 182,000 people employed or managed at its hotels and offices as of December 31, 2025. That works out to $66,148 in revenue per employee.
Is Hilton growing?
Yes. Revenue went from $4.3 billion in 2020 to $12.0 billion in 2025, up 180%.
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CompareSource: Hilton Worldwide Holdings Inc., annual report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 11, 2026.
Revenue, profit and the breakdowns are the numbers the company reported in that filing (its XBRL data). Profit means net income; "operating profit" means operating income. Nothing on this page is estimated.