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 28 h ago 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

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	FCF	Total debt	Cash
2025	$6.1B	$765M	0.0%	14.0%	—	$1.3B	$768M
2024	$5.7B	$697M	0.0%	15.4%	—	$896M	$554M
2023	$5.3B	$740M	0.0%	15.6%	—	$746M	$1.1B
2022	$4.9B	$633M	0.0%	15.8%	—	$758M	$667M
2021	$2.9B	-$11M	0.0%	-8.7%	—	$436M	$807M
2020	$1.6B	-$732M	0.0%	-58.8%	—	$442M	$2.3B
2019	$5.5B	$920M	0.0%	14.6%	—	$445M	$1.6B
2018	$5.5B	$1.1B	0.0%	9.6%	$1.0B	$455M	$1.5B
2017	$5.4B	$564M	0.0%	12.5%	$1.0B	$1.5B	$913M
2016	$5.4B	$762M	0.0%	12.6%	$1.0B	$1.2B	$372M
2015	—	$558M	—	—	$777M	$1.3B	$221M
2014	—	$732M	—	—	$824M	$1.6B	$666M
2013	—	$317M	—	—	$716M	$1.5B	$839M
2012	—	$61M	—	—	$415M	$461M	$417M
2011	—	-$15M	—	—	$335M	$328M	$826M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

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	FCF	Total debt	Cash
Mar '26	$1.6B	$494M	0.0%	19.4%	—	—	$1.7B
Dec '25	$1.6B	$135M	0.0%	12.0%	—	$1.3B	$768M
Sep '25	$1.3B	$161M	0.0%	7.6%	—	—	$539M
Jun '25	$1.6B	$221M	0.0%	17.5%	—	—	$490M
Mar '25	$1.6B	$248M	0.0%	17.9%	—	—	$428M
Dec '24	$1.4B	$108M	0.0%	11.0%	—	$896M	$554M
Sep '24	$1.3B	$82M	0.0%	10.2%	—	—	$564M
Jun '24	$1.5B	$239M	0.0%	19.9%	—	—	$805M
Mar '24	$1.5B	$268M	0.0%	19.8%	—	—	$1.3B
Dec '23	$1.3B	$132M	0.0%	13.1%	—	$746M	$1.1B
Sep '23	$1.2B	$111M	0.0%	12.9%	—	—	$916M
Jun '23	$1.4B	$210M	0.0%	17.9%	—	—	$802M
Mar '23	$1.4B	$287M	0.0%	18.0%	—	—	$563M
Dec '22	$1.3B	$147M	0.0%	14.1%	—	$758M	$667M
Sep '22	$1.2B	$114M	0.0%	12.4%	—	—	$883M
Jun '22	$1.4B	$256M	0.0%	23.7%	—	—	$699M
Mar '22	$1.1B	$116M	0.0%	11.4%	—	—	$266M
Dec '21	$998M	$320M	0.0%	7.9%	—	$436M	$807M
Sep '21	$844M	-$119M	0.0%	-11.3%	—	—	$1.0B
Jun '21	$649M	-$60M	0.0%	-10.5%	—	—	$1.4B

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 17.8× (Mar '23) to 22.4× (Jun '26).
The price-to-sales ratio has risen from 2.3× (Mar '23) to 2.8× (Jun '26).
The dividend yield has risen from 1.3% (Mar '23) to 3.6% (Jun '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?

As of Jun '26, Host Hotels & Resorts traded at a price-to-earnings ratio of about 22.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.