HST Financials Host Hotels & Resorts

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:20 UTC Overview →

Growth & profitability

Revenue has grown 30.4% per year over the past 5 years.
Operating margin has expanded, at 14.0% in the latest year.
Free cash flow has grown 7.5% per year over the past 5 years.

Financial health

Total debt ($1.3B) exceeds cash ($768M); net debt is $506M.
Total debt has grown slower than revenue (23.6% vs 30.4% per year).
Operating income covered interest expense 3.6× in the latest year.
Total debt is 0.8× EBITDA.

Shareholder returns

Dividends have been paid for 4 consecutive years, consuming 81.4% of earnings.
The dividend has grown 14.3% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$6.1B	$765M	0.0%	14.0%	11.7%	5.9%	—	$1.3B	$768M
2024	$5.7B	$697M	0.0%	15.4%	10.5%	5.3%	—	$896M	$554M
2023	$5.3B	$740M	0.0%	15.6%	11.2%	6.0%	—	$746M	$1.1B
2022	$4.9B	$633M	0.0%	15.8%	9.4%	5.2%	—	$758M	$667M
2021	$2.9B	-$11M	0.0%	-8.7%	-0.2%	-0.1%	—	$436M	$807M
2020	$1.6B	-$732M	0.0%	-58.8%	-11.6%	-5.7%	—	$442M	$2.3B
2019	$5.5B	$920M	0.0%	14.6%	12.6%	7.5%	—	$445M	$1.6B
2018	$5.5B	$1.1B	0.0%	9.6%	14.5%	9.0%	$1.0B	$455M	$1.5B
2017	$5.4B	$564M	0.0%	12.5%	8.1%	4.8%	$1.0B	$1.5B	$913M
2016	$5.4B	$762M	0.0%	12.6%	10.9%	6.7%	$1.0B	$1.2B	$372M
2015	—	$558M	—	—	7.9%	4.8%	$777M	$1.3B	$221M
2014	—	$732M	—	—	10.0%	6.0%	$824M	$1.6B	$666M
2013	—	$317M	—	—	4.4%	2.5%	$716M	$1.5B	$839M
2012	—	$61M	—	—	0.9%	0.5%	$415M	$461M	$417M
2011	—	-$15M	—	—	—	—	$335M	$328M	$826M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$1.6B	$237M	0.0%	17.9%	3.7%	1.8%	—	—	$2.0B
Mar '26	$1.6B	$494M	0.0%	19.4%	7.2%	3.8%	—	—	$1.7B
Dec '25	$1.6B	$135M	0.0%	12.0%	2.1%	1.0%	—	$1.3B	$768M
Sep '25	$1.3B	$161M	0.0%	7.6%	2.4%	1.2%	—	—	$539M
Jun '25	$1.6B	$221M	0.0%	17.5%	3.3%	1.7%	—	—	$490M
Mar '25	$1.6B	$248M	0.0%	17.9%	3.7%	1.9%	—	—	$428M
Dec '24	$1.4B	$108M	0.0%	11.0%	1.6%	0.8%	—	$896M	$554M
Sep '24	$1.3B	$82M	0.0%	10.2%	1.2%	0.6%	—	—	$564M
Jun '24	$1.5B	$239M	0.0%	19.9%	3.5%	1.9%	—	—	$805M
Mar '24	$1.5B	$268M	0.0%	19.8%	4.0%	2.2%	—	—	$1.3B
Dec '23	$1.3B	$132M	0.0%	13.1%	2.0%	1.1%	—	$746M	$1.1B
Sep '23	$1.2B	$111M	0.0%	12.9%	1.6%	0.9%	—	—	$916M
Jun '23	$1.4B	$210M	0.0%	17.9%	3.0%	1.7%	—	—	$802M
Mar '23	$1.4B	$287M	0.0%	18.0%	4.2%	2.3%	—	—	$563M
Dec '22	$1.3B	$147M	0.0%	14.1%	2.2%	1.2%	—	$758M	$667M
Sep '22	$1.2B	$114M	0.0%	12.4%	1.7%	0.9%	—	—	$883M
Jun '22	$1.4B	$256M	0.0%	23.7%	3.8%	2.1%	—	—	$699M
Mar '22	$1.1B	$116M	0.0%	11.4%	1.8%	1.0%	—	—	$266M
Dec '21	$998M	$320M	0.0%	7.9%	5.0%	2.6%	—	$436M	$807M
Sep '21	$844M	-$119M	0.0%	-11.3%	-1.9%	-0.9%	—	—	$1.0B

Valuation over time

How the market has priced HST against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 17.9× (Mar '23) to 22.9× (Nov '26).
The price-to-sales ratio has risen from 2.3× (Mar '23) to 2.9× (Nov '26).
The dividend yield has risen from 1.3% (Mar '23) to 3.6% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is HST growing its revenue and profit?

Over the past 5 years, Host Hotels & Resorts's revenue has grown 30.4% per year. These are computed facts, not advice.

How much debt does HST have?

As of FY2025, Host Hotels & Resorts reported $1.3B of total debt against $768M of cash; operating income covered interest expense 3.6×.

What is HST's profit margin?

In FY2025, gross margin was —, operating margin 14.0%, and net margin 12.5%.

What is HST's P/E ratio?

Host Hotels & Resorts's P/E (TTM) is 17.07 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the HST stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 22.9× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.