Hyatt Hotels Corporation (H) Key Metrics
H valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $15.94B
- Enterprise value
- $18.77B
- P/E (TTM)
- 208.8 10-yr median 22.1
- Forward P/E
- 27.9
- PEG ratio
- 0.79
- Price / sales
- 4.7 10-yr median 3.6
- Price / book
- 4.5 10-yr median 2.7
- EV / EBITDA
- 21.3 10-yr median 20.2
- Dividend yield
- 0.16% $0.60 a year
- Beta
- 1.40
H key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsH valuation Price multiples at each fiscal year-end price.
H returns How much profit the business earns on the capital it uses.
H per-share figures Results divided by the shares outstanding at year-end.
H financial health Debt, liquidity and how easily interest is covered.
H efficiency & capital use Working capital cycle and where the cash goes.
H valuation history
H returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
H debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
H cash returned to shareholders
H price vs earnings per share
H key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $15.31B | $16.08B | $14.05B | $10.06B | $9.97B | $7.52B | $9.54B | $7.78B | $9.29B | $7.40B |
| Enterprise value | $19.05B | $18.76B | $16.52B | $12.36B | $13.15B | $9.29B | $10.62B | $8.73B | $10.19B | $8.43B |
| P/E ratio | — | 12.4 | 63.9 | 22.1 | — | — | 12.4 | 10.1 | 37.3 | 36.3 |
| Price / sales | 2.1 | 4.9 | 3.9 | 3.1 | 6.9 | 9.6 | 3.7 | 3.1 | 3.4 | 2.9 |
| Price / book | 4.6 | 4.5 | 3.9 | 2.7 | 2.8 | 2.3 | 2.4 | 2.1 | 2.6 | 1.9 |
| Price / free cash flow | 96.3 | 34.7 | 23.3 | 21.3 | 48.9 | — | 353.2 | 176.9 | 32.2 | 29.5 |
| Price / operating cash flow | 40.4 | 25.4 | 17.6 | 14.9 | 31.7 | — | 24.1 | 22.8 | 15.8 | 16.0 |
| EV / sales | 2.7 | 5.7 | 4.6 | 3.8 | 9.1 | 11.9 | 4.2 | 3.5 | 3.8 | 3.3 |
| EV / EBITDA | 26.5 | 25.0 | 22.7 | 14.5 | 222.8 | — | 20.2 | 13.2 | 16.3 | 13.8 |
| EV / free cash flow | 119.8 | 40.5 | 27.4 | 26.1 | 64.4 | — | 393.4 | 198.4 | 35.3 | 33.6 |
| Earnings yield | −0.3% | 8.1% | 1.6% | 4.5% | −2.2% | −9.3% | 8.0% | 9.9% | 2.7% | 2.8% |
| Free cash flow yield | 1.0% | 2.9% | 4.3% | 4.7% | 2.0% | −9.7% | 0.3% | 0.6% | 3.1% | 3.4% |
| Dividend yield | 0.4% | 0.4% | 0.3% | 0.2% | 0.0% | 0.3% | 0.8% | 0.9% | 0.7% | 0.9% |
| Shareholder yield (dividends + buybacks) | 2.3% | 7.8% | 3.6% | 3.8% | 0.0% | 1.2% | 5.3% | 13.0% | 8.7% | 4.6% |
| Share price at fiscal year-end | $160.32 | $156.98 | $130.41 | $90.45 | $95.90 | $74.25 | $89.71 | $67.60 | $73.54 | $55.26 |
| Per share | ||||||||||
| Revenue per share | $74.88 | $32.18 | $33.50 | $29.40 | $13.90 | $7.70 | $24.08 | $21.70 | $21.37 | $18.92 |
| Earnings per share | −$0.54 | $12.65 | $2.04 | $4.09 | −$2.14 | −$6.94 | $7.21 | $6.68 | $1.97 | $1.52 |
| Operating cash flow per share | $3.97 | $6.18 | $7.43 | $6.06 | $3.03 | −$6.03 | $3.73 | $2.96 | $4.65 | $3.45 |
| Free cash flow per share | $1.66 | $4.52 | $5.59 | $4.25 | $1.96 | −$7.23 | $0.25 | $0.38 | $2.29 | $1.87 |
| Cash per share | $8.51 | $13.50 | $8.32 | $10.33 | $11.42 | $18.57 | $9.04 | $5.96 | $4.37 | $4.02 |
| Book value per share | $34.91 | $34.63 | $33.08 | $33.24 | $34.27 | $31.69 | $37.27 | $31.88 | $27.90 | $29.14 |
| Tangible book value per share | −$24.60 | −$11.34 | −$12.17 | −$9.62 | −$13.26 | $25.05 | $30.10 | $23.97 | $21.31 | $23.73 |
| Dividends per share | $0.60 | $0.59 | $0.44 | $0.14 | $0.00 | $0.20 | $0.75 | $0.59 | $0.54 | $0.51 |
| Capex per share | $2.30 | $1.66 | $1.84 | $1.81 | $1.07 | $1.20 | $3.47 | $2.58 | $2.36 | $1.58 |
| Debt per share | $47.71 | $39.64 | $31.28 | $31.01 | $41.95 | $36.02 | $19.27 | $14.19 | $11.48 | $11.68 |
| Shares outstanding | 95.5M | 102.4M | 107.7M | 111.3M | 104.0M | 101.3M | 106.3M | 115.1M | 126.3M | 133.9M |
| Change in shares outstanding | −6.8% | −4.9% | −3.2% | +7.0% | +2.6% | −4.7% | −7.7% | −8.9% | −5.7% | −7.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −1.5% | 36.5% | 6.1% | 12.5% | −6.6% | −19.6% | 20.1% | 21.4% | 6.7% | 5.2% |
| Return on invested capital (ROIC) | 4.2% | 11.5% | 9.6% | 13.6% | 1.0% | −3.7% | 9.2% | 12.2% | 7.3% | 8.7% |
| Return on assets (ROA) | −0.4% | 9.9% | 1.7% | 3.7% | −2.0% | −8.0% | 9.5% | 10.0% | 3.2% | 2.7% |
| Return on tangible assets | −0.6% | 15.0% | 2.8% | 6.0% | −2.9% | −8.3% | 10.0% | 11.4% | 3.6% | 2.9% |
| Free cash flow margin | 2.2% | 14.0% | 16.7% | 14.5% | 14.1% | −94.0% | 1.1% | 1.8% | 10.7% | 9.9% |
| Income quality (OCF / net income) | — | 0.49 | 3.64 | 1.48 | — | — | 0.52 | 0.44 | 2.36 | 2.26 |
| Financial health | ||||||||||
| Total debt | $4.56B | $4.06B | $3.37B | $3.45B | $4.36B | $3.65B | $2.05B | $1.63B | $1.45B | $1.56B |
| Cash & short-term investments | $813.0M | $1.38B | $896.0M | $1.15B | $1.19B | $1.88B | $961.0M | $686.0M | $552.0M | $538.0M |
| Net debt | $3.74B | $2.68B | $2.47B | $2.30B | $3.17B | $1.77B | $1.09B | $948.0M | $899.0M | $1.03B |
| Debt / equity | 1.37 | 1.14 | 0.95 | 0.93 | 1.22 | 1.14 | 0.52 | 0.45 | 0.41 | 0.40 |
| Debt / assets | 0.32 | 0.30 | 0.26 | 0.28 | 0.35 | 0.40 | 0.24 | 0.21 | 0.19 | 0.20 |
| Net debt / EBITDA | 5.20 | 3.57 | 3.40 | 2.70 | 53.81 | — | 2.07 | 1.44 | 1.44 | 1.68 |
| Current ratio | 0.75 | 0.83 | 0.60 | 0.68 | 0.92 | 2.60 | 1.57 | 1.27 | 1.37 | 1.23 |
| Quick ratio | 0.75 | 0.83 | 0.59 | 0.68 | 0.92 | 2.60 | 1.56 | 1.25 | 1.36 | 1.20 |
| Interest coverage | 1.8 | 4.7 | 5.6 | 5.8 | 0.7 | -1.8 | 7.8 | 9.0 | 7.8 | 8.0 |
| Working capital | −$717.0M | −$541.0M | −$1.45B | −$1.04B | −$170.0M | $1.58B | $620.0M | $284.0M | $361.0M | $215.0M |
| Invested capital | $7.08B | $6.22B | $6.04B | $6.00B | $6.74B | $4.98B | $5.05B | $4.62B | $4.42B | $4.93B |
| Tangible asset value | −$2.02B | −$882.0M | −$1.31B | −$1.07B | −$1.38B | $2.54B | $3.20B | $2.77B | $2.71B | $3.18B |
| Net current asset value | −$8.20B | −$6.76B | −$7.14B | −$6.36B | −$6.97B | −$3.35B | −$2.74B | −$2.62B | −$2.80B | −$2.70B |
| Graham number | — | $99.29 | $38.99 | $55.31 | — | — | $77.74 | $69.22 | $35.17 | $31.60 |
| Graham net-net per share | −$91.29 | −$70.98 | −$71.51 | −$61.39 | −$70.89 | −$37.42 | −$29.80 | −$25.65 | −$26.19 | −$22.85 |
| Capital allocation | ||||||||||
| Dividends paid | $57.0M | $60.0M | $47.0M | $16.0M | $0 | $20.0M | $80.0M | $68.0M | $68.0M | $68.0M |
| Share buybacks (net) | $293.0M | $1.19B | $453.0M | $369.0M | $0 | $69.0M | $421.0M | $946.0M | $743.0M | $272.0M |
| Dividend payout ratio | — | 4.6% | 21.4% | 3.5% | — | — | 10.4% | 8.8% | 27.3% | 33.3% |
| Dividends + buybacks / free cash flow | 220.1% | 270.0% | 83.1% | 81.4% | 0.0% | — | — | — | 280.6% | 135.5% |
| Capex / revenue | 3.1% | 5.2% | 5.5% | 6.1% | 7.7% | 15.6% | 14.4% | 11.9% | 11.0% | 8.3% |
| Capex / operating cash flow | 58.0% | 26.9% | 24.8% | 29.8% | 35.2% | — | 93.2% | 87.1% | 50.8% | 45.7% |
| Capex / depreciation | 0.61 | 0.46 | 0.45 | 0.44 | 0.33 | 0.36 | 1.01 | 0.91 | 0.86 | 0.65 |
| Stock-based compensation / revenue | 1.0% | 1.9% | 2.1% | 1.9% | 4.1% | 3.6% | 1.4% | 1.1% | 1.2% | 1.0% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 7.8% | 16.6% | 16.0% | 13.3% | 25.3% | 41.2% | 16.3% | 12.8% | 14.0% | 12.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 57.3 | 111.0 | 86.8 | 81.8 | 119.9 | 172.4 | 60.5 | 56.8 | 44.2 | 43.4 |
| Days of inventory on hand | 0.5 | 1.6 | 1.5 | 1.8 | 3.6 | 5.5 | 3.0 | 3.4 | 4.5 | 4.5 |
| Days payables outstanding | 26.6 | 93.3 | 81.7 | 94.7 | 118.3 | 66.5 | 35.3 | 35.1 | 32.1 | 34.3 |
| Cash conversion cycle (days) | 31.1 | 19.3 | 6.6 | -11.1 | 5.1 | 111.5 | 28.2 | 25.1 | 16.6 | 13.6 |
| Receivables turnover | 6.37 | 3.29 | 4.20 | 4.46 | 3.05 | 2.12 | 6.04 | 6.43 | 8.26 | 8.42 |
| Payables turnover | 13.71 | 3.91 | 4.47 | 3.85 | 3.08 | 5.49 | 10.35 | 10.41 | 11.38 | 10.65 |
| Inventory turnover | 793.75 | 222.82 | 246.33 | 207.47 | 101.47 | 65.90 | 119.77 | 106.71 | 80.71 | 80.70 |
| Asset turnover | 0.52 | 0.25 | 0.29 | 0.26 | 0.13 | 0.09 | 0.32 | 0.33 | 0.35 | 0.33 |
| Average receivables | $1.12B | $1.00B | $858.5M | $733.5M | $474.5M | $368.5M | $424.0M | $388.5M | $327.0M | $301.0M |
| Average payables | $463.0M | $484.0M | $496.5M | $511.5M | $312.5M | $126.0M | $150.5M | $143.5M | $149.0M | $151.5M |
| Average inventory | $8.0M | $8.5M | $9.0M | $9.5M | $9.5M | $10.5M | $13.0M | $14.0M | $21.0M | $20.0M |
| Intangibles / total assets | 40.5% | 35.3% | 38.0% | 38.7% | 39.2% | 7.4% | 9.1% | 11.9% | 10.9% | 9.3% |
Computed from H's annual financial statements (latest annual report filed February 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
H valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 208.8 and the forward P/E is 27.9. Hyatt earned a return on equity of −1.5% and a return on invested capital of 4.2% in fiscal 2025. It ended the year with $4.6 billion of debt and $813.0 million in cash and short-term investments, net debt of $3.7 billion. It returned $350.0 million to shareholders: $57.0 million in dividends and $293.0 million in share buybacks, 220% of free cash flow. The share count fell 28.7% from 133.9M to 95.5M over 9 years.
See the H income statement, the H chart for price history, or the H stock overview for the latest quote and news.
H key metrics FAQ
What is Hyatt's P/E ratio?
Hyatt's trailing P/E ratio is 208.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 27.9. At the end of fiscal 2025 it was —, compared with a 10-year median of 22.1.
What is Hyatt's EV/EBITDA?
Hyatt's enterprise value was 26.5 times EBITDA at the end of fiscal 2025 (enterprise value $19.1 billion, EBITDA $720.0 million); the current EV/EBITDA is 21.3.
What is Hyatt's return on equity?
Hyatt's return on equity (ROE) was −1.5% in fiscal 2025: net income of -$52.0 million on average shareholders' equity of $3.4 billion.
What is Hyatt's ROIC?
Hyatt's return on invested capital was 4.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Hyatt have?
Hyatt had total debt of $4.6 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.37 and $3.7 billion of net debt (5.20 times EBITDA).
What is Hyatt's dividend yield?
Hyatt's forward dividend yield is 0.16%. Hyatt paid $57.0 million in dividends in fiscal 2025 ($0.60 per share), a payout ratio of —.
Does Hyatt buy back its shares?
Yes. Hyatt spent $293.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −6.8% over the year, to 95.5M..
What is Hyatt's free cash flow yield?
Hyatt generated $159.0 million of free cash flow in fiscal 2025, a free cash flow yield of 1.0% on its market value at year-end ($15.3 billion).
What is Hyatt's current ratio?
Hyatt's current ratio was 0.75 at the end of fiscal 2025: current assets were 0.75 times current liabilities.