H financial statements

The full income statement, balance sheet, and cash-flow statement for Hyatt Hotels Corporation (H), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 100.3M2024-09 96.0M2024-12 96.2M2025-03 95.5M2025-06 95.5M2025-09 95.0M2025-12 94.5M2026-03 94.2M2026-06 94.2M-6.1% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	7.10B YoY+6.8%	6.65B YoY-0.3%	6.67B YoY+13.2%	5.89B YoY+94.6%	3.03B YoY+46.6%
Lease income	10.0M YoY+25.0%	8.00M YoY-27.3%	11.0M YoY-8.3%	12.0M YoY-7.7%	13.0M YoY-18.8%
Selling, general & administrative	555M YoY+1.3%	548M YoY-10.9%	615M YoY+32.5%	464M YoY+26.8%	366M YoY+14.0%
General & administrative	555M YoY+1.3%	548M YoY-5.2%	578M YoY+32.9%	435M	—
Restructuring	57.0M YoY+1040.0%	5.00M YoY+25.0%	4.00M YoY-89.7%	39.0M YoY+1200.0%	3.00M YoY-95.9%
Amortization of intangibles	145M YoY+10.7%	131M YoY-26.4%	178M YoY-15.2%	210M YoY+337.5%	48.0M YoY+77.8%
Provision for credit losses	22.0M YoY+15.8%	19.0M YoY+480.0%	-5.00M YoY-125.0%	20.0M YoY+400.0%	4.00M YoY-89.2%
Interest expense	317M YoY+76.1%	180M YoY+24.1%	145M YoY-3.3%	150M YoY-8.0%	163M YoY+27.3%
Other non-operating income	101M YoY-60.7%	257M YoY+107.3%	124M YoY+464.7%	-34.0M YoY-78.9%	-19.0M YoY+79.3%
Equity-method income	-46.0M YoY-248.4%	31.0M YoY+3200.0%	-1.00M YoY-120.0%	5.00M YoY-82.1%	28.0M YoY+140.0%
Gain (loss) on equity securities	19.0M YoY-64.8%	54.0M YoY+58.8%	34.0M YoY+161.8%	-55.0M YoY-492.9%	14.0M YoY+207.7%
Pre-tax income	81.0M YoY-94.8%	1.56B YoY+404.2%	310M YoY-14.6%	363M YoY+725.0%	44.0M YoY+104.6%
Income tax	130M YoY-51.3%	267M YoY+196.7%	90.0M YoY+197.8%	-92.0M YoY-134.6%	266M YoY+203.5%
	-52.0M YoY-104.0%	1.30B YoY+489.1%	220M YoY-51.6%	455M YoY+305.0%	-222M YoY+68.4%
Net income to non-controlling interest	3.00M	0.00	0.00	0.00	0.00
	-$0.55 YoY-104.3%	$12.65 YoY+517.1%	$2.05 YoY-49.9%	$4.09 YoY+292.0%	-$2.13 YoY+69.3%
EPS (basic)	-$0.55 YoY-104.2%	$12.99 YoY+518.6%	$2.10 YoY-49.6%	$4.17 YoY+295.8%	-$2.13 YoY+69.3%
	95.5M YoY-4.3%	99.8M YoY-4.8%	105M YoY-3.9%	109M YoY+4.9%	104M YoY+2.6%
	95.5M YoY-6.8%	102M YoY-4.9%	108M YoY-3.2%	111M YoY+7.0%	104M YoY+2.6%
Dividends per share	$0.60 YoY+0.0%	$0.60 YoY+0.0%	$0.60	—	—
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	2.18B YoY-20.3%	2.73B YoY+28.3%	2.13B YoY-5.3%	2.25B YoY+9.1%	2.06B YoY-19.5%
Cash & equivalents	787M YoY-22.2%	1.01B YoY+14.8%	881M YoY-11.1%	991M YoY+3.2%	960M YoY-20.5%
Short-term investments	26.0M YoY-93.0%	372M YoY+2380.0%	15.0M YoY-90.5%	158M YoY-30.4%	227M YoY-66.4%
Accounts receivable	1.12B YoY+0.2%	1.12B YoY+27.0%	883M YoY+5.9%	834M YoY+31.8%	633M YoY+100.3%
Inventory	8.00M YoY+0.0%	8.00M YoY-11.1%	9.00M YoY+0.0%	9.00M YoY-10.0%	10.0M YoY+11.1%
Prepaid expenses	241M YoY+38.5%	174M YoY-10.8%	195M YoY+8.3%	180M YoY+20.8%	149M YoY+132.8%
	14.0B YoY+5.3%	13.3B YoY+3.8%	12.8B YoY+4.2%	12.3B YoY-2.3%	12.6B YoY+38.1%
Property, plant & equipment	1.58B YoY-6.6%	1.69B YoY-27.8%	2.34B YoY-1.8%	2.38B YoY-16.3%	2.85B YoY-8.9%
Operating lease right-of-use	328M YoY+0.0%	328M YoY-11.1%	369M YoY-4.2%	385M YoY-13.7%	446M YoY-5.9%
Goodwill	3.45B YoY+35.9%	2.54B YoY-20.7%	3.21B YoY+3.4%	3.10B YoY+4.6%	2.96B YoY+929.5%
Intangible assets	2.23B YoY+2.9%	2.17B YoY+29.8%	1.67B YoY+0.1%	1.67B YoY-15.6%	1.98B YoY+413.5%
Deferred tax assets	518M YoY+11.2%	466M YoY+30.2%	358M YoY+39.3%	257M YoY+1735.7%	14.0M YoY-93.2%
Other non-current assets	3.13B YoY+9.9%	2.84B YoY+14.8%	2.48B YoY+22.1%	2.03B YoY-0.2%	2.03B YoY+13.2%
	2.89B YoY-11.6%	3.27B YoY-8.5%	3.58B YoY+8.9%	3.29B YoY+47.3%	2.23B YoY+126.8%
Accounts payable	451M YoY-5.1%	475M YoY-3.7%	493M YoY-1.4%	500M YoY-4.4%	523M YoY+412.7%
Accrued liabilities	627M YoY+11.0%	565M YoY+20.7%	468M YoY+12.8%	415M YoY+38.8%	299M YoY+49.5%
Deferred revenue	1.58B YoY+2.0%	1.55B YoY-2.8%	1.60B YoY+11.1%	1.44B YoY+22.1%	1.18B YoY+317.7%
Short-term & current debt	6.00M YoY-98.7%	456M YoY-39.3%	751M YoY+13.8%	660M YoY+6500.0%	10.0M YoY-96.2%
Current lease liability	35.0M YoY+6.1%	33.0M YoY-19.5%	41.0M YoY+5.1%	39.0M YoY+11.4%	35.0M YoY+20.7%
Finance lease liability (current)	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+100.0%	1.00M YoY-50.0%
	10.4B YoY+9.3%	9.50B YoY+2.5%	9.27B YoY+7.6%	8.61B YoY-4.7%	9.04B YoY+52.8%
Long-term debt	4.27B YoY+28.4%	3.33B YoY+44.3%	2.31B YoY-6.0%	2.45B YoY-38.2%	3.97B YoY+33.0%
Deferred revenue (non-current)	1.01B YoY+20.0%	843M YoY-52.1%	1.76B YoY+17.7%	1.50B YoY+10.8%	1.35B YoY+104.7%
Non-current lease liability	243M YoY-0.8%	245M YoY-10.3%	273M YoY-8.4%	298M YoY-14.6%	349M YoY-7.4%
Operating lease liability (total)	278M YoY+0.0%	278M YoY-11.5%	314M YoY-6.8%	337M YoY-12.2%	384M YoY-5.4%
Finance lease liability (total)	3.00M YoY-25.0%	4.00M YoY-33.3%	6.00M YoY-14.3%	7.00M YoY+0.0%	7.00M YoY-22.2%
Finance lease liability	1.00M YoY-50.0%	2.00M YoY-50.0%	4.00M YoY-20.0%	5.00M YoY-16.7%	6.00M YoY-14.3%
Deferred tax liabilities	216M YoY+26.3%	171M YoY+159.1%	66.0M YoY-8.3%	72.0M YoY-22.6%	93.0M YoY+93.8%
Other non-current liabilities	1.96B YoY+8.1%	1.81B YoY+34.0%	1.35B YoY+25.4%	1.08B YoY-5.4%	1.14B YoY+25.0%
	3.33B YoY-6.0%	3.55B YoY-0.5%	3.56B YoY-3.6%	3.70B YoY+3.8%	3.56B YoY+11.0%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	1.00M YoY+0.0%	1.00M YoY+0.0%	1.00M YoY+0.0%	1.00M YoY+0.0%	1.00M YoY+0.0%
Additional paid-in capital	0.00	0.00	0.00 YoY-100.0%	318M YoY-50.3%	640M YoY+4823.1%
Retained earnings	3.48B YoY-8.7%	3.81B YoY+2.1%	3.74B YoY+3.2%	3.62B YoY+14.4%	3.17B YoY-6.6%
Accumulated other comprehensive income	-149M YoY+44.6%	-269M YoY-53.7%	-175M YoY+27.7%	-242M YoY+1.2%	-245M YoY-27.6%
Non-controlling interest	325M YoY+16.5%	279M YoY+9200.0%	3.00M YoY+0.0%	3.00M YoY+0.0%	3.00M YoY+0.0%
Total equity incl. non-controlling	3.66B YoY-4.4%	3.83B YoY+7.3%	3.57B YoY-3.6%	3.70B YoY+3.8%	3.57B YoY+11.0%
Total liabilities & equity	14.0B YoY+5.3%	13.3B YoY+3.8%	12.8B YoY+4.2%	12.3B YoY-2.3%	12.6B YoY+38.1%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	379M YoY-40.1%	633M YoY-20.9%	800M YoY+18.7%	674M YoY+114.0%	315M YoY+151.6%
Depreciation & amortization	325M YoY-2.4%	333M YoY-16.1%	397M YoY-6.8%	426M YoY+37.4%	310M YoY+0.0%
Intangible amortization	145M YoY+10.7%	131M YoY-26.4%	178M YoY-15.2%	210M YoY+337.5%	48.0M YoY+77.8%
Share-based compensation	74.0M YoY+15.6%	64.0M YoY-14.7%	75.0M YoY+23.0%	61.0M YoY+3.4%	59.0M YoY+110.7%
Deferred income taxes	-60.0M YoY+51.2%	-123M YoY+1.6%	-125M YoY+51.7%	-259M YoY-229.5%	200M YoY+439.0%
Change in receivables	-58.0M YoY-486.7%	15.0M	0.00 YoY-100.0%	209M YoY+145.9%	85.0M YoY+170.8%
Other operating activities	173M YoY+119.0%	79.0M YoY-7.1%	85.0M YoY-13.3%	98.0M YoY+357.9%	-38.0M YoY-375.0%
	357M YoY+340.7%	81.0M YoY+122.2%	-365M YoY-187.7%	416M YoY+123.5%	-1.77B YoY-140.8%
Capital expenditure	220M YoY+29.4%	170M YoY-14.1%	198M YoY-1.5%	201M YoY+81.1%	111M YoY-9.0%
Free cash flow	159M YoY-65.7%	463M YoY-23.1%	602M YoY+27.3%	473M YoY+131.9%	204M YoY+127.8%
Acquisitions	1.27B YoY+109.2%	609M YoY+248.0%	175M YoY+0.6%	174M YoY-94.0%	2.92B
Other investing activities	-5.00M YoY-138.5%	13.0M YoY+533.3%	-3.00M YoY+85.0%	-20.0M YoY-500.0%	5.00M YoY-16.7%
	-954M YoY-54.4%	-618M YoY-6.9%	-578M YoY+47.7%	-1.11B YoY-185.9%	1.29B YoY-15.5%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00 YoY-100.0%	575M
Common stock repurchased	293M YoY-75.4%	1.19B YoY+162.7%	453M YoY+22.8%	369M	0.00 YoY-100.0%
Dividends paid	57.0M YoY-5.0%	60.0M YoY+27.7%	47.0M	0.00	0.00 YoY-100.0%
Other financing activities	-28.0M YoY-2900.0%	1.00M YoY-50.0%	2.00M YoY+118.2%	-11.0M YoY+38.9%	-18.0M YoY-20.0%
FX effect on cash	-9.00M YoY-200.0%	-3.00M YoY-50.0%	-2.00M YoY-111.1%	18.0M YoY+700.0%	-3.00M YoY+25.0%
Net change in cash	-227M YoY-336.5%	96.0M YoY+164.9%	-148M YoY-7500.0%	2.00M YoY+101.2%	-172M YoY-198.9%
Interest paid	277M YoY+65.9%	167M YoY+45.2%	115M YoY-16.7%	138M YoY-4.8%	145M YoY+38.1%
Income taxes paid	214M YoY+33.8%	160M YoY+4.6%	153M YoY+51.5%	101M YoY+148.1%	-210M YoY-433.3%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	15.2B YoY-1.8%	15.5B YoY+11.3%	13.9B YoY+38.8%	10.0B YoY-4.9%	10.6B YoY+40.4%
P/E	—	12.0× YoY-58.1%	28.6× YoY-62.5%	76.1×	—
P/S	2.1× YoY-8.1%	2.3× YoY+10.4%	2.1× YoY+13.2%	1.9× YoY-46.5%	3.5× YoY-4.2%
P/B	4.6× YoY+4.4%	4.4× YoY+12.5%	3.9× YoY+33.2%	2.9× YoY-1.6%	3.0× YoY+26.5%
P/FCF	95.7× YoY+185.8%	33.5× YoY+21.1%	27.6× YoY-11.6%	31.3× YoY-39.6%	51.8×
	—	8.4% YoY+138.7%	3.5% YoY+166.4%	1.3%	—
	1.0% YoY-65.0%	3.0% YoY-17.4%	3.6% YoY+13.1%	3.2% YoY+65.5%	1.9%
	0.37% YoY-2.1%	0.38% YoY-16.9%	0.46%	—	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: H's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all H filings on SEC EDGAR → Not investment advice.