Hilton 2023 10-K: $37.48B Assets, 252.16M Shares Outstanding

TL;DR

**Hilton's 2023 10-K shows strong asset base and current share count, key for valuation.**

AI Summary

Hilton Worldwide Holdings Inc. filed its 10-K on February 7, 2024, reporting its financial performance for the fiscal year ended December 31, 2023. The filing indicates that Hilton had 252,160,518 shares outstanding as of February 2, 2024, and total assets of $37,479,000,000 as of December 31, 2023. This matters to investors because it provides a comprehensive overview of the company's financial health, including its asset base and outstanding shares, which are key metrics for valuation and understanding ownership dilution.

Why It Matters

This filing provides a detailed look into Hilton's financial position, crucial for investors to assess the company's stability and growth prospects. Understanding these figures helps shareholders evaluate their investment and potential future returns.

Risk Assessment

Risk Level: medium — While the filing provides financial data, a full risk assessment requires reviewing the detailed risk factors section, which is not provided in this excerpt.

Analyst Insight

Investors should use the reported total assets of $37.48 billion and 252.16 million shares outstanding to update their valuation models and compare these figures against previous periods and industry peers to assess Hilton's financial trajectory.

Key Numbers

• $37.48B — Total Assets (Represents the total value of Hilton's economic resources as of December 31, 2023, indicating the company's size and financial foundation.)
• 252.16M — Shares Outstanding (The number of Hilton shares in circulation as of February 2, 2024, which is crucial for calculating per-share metrics like earnings per share and market capitalization.)

Key Players & Entities

• Hilton Worldwide Holdings Inc. (company) — the filer of the 10-K
• 252,160,518 (dollar_amount) — shares outstanding as of February 2, 2024
• 37,479,000,000 (dollar_amount) — total assets as of December 31, 2023
• December 31, 2023 (date) — the end of the fiscal year reported
• February 7, 2024 (date) — the filing date of the 10-K

Forward-Looking Statements

• Hilton's asset base will remain stable or grow slightly in the next fiscal year. (Hilton Worldwide Holdings Inc.) — medium confidence, target: 2024-12-31

FAQ

From the Filing

0001585689-24-000027.txt : 20240207 0001585689-24-000027.hdr.sgml : 20240207 20240207101016 ACCESSION NUMBER: 0001585689-24-000027 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 150 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240207 DATE AS OF CHANGE: 20240207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hilton Worldwide Holdings Inc. CENTRAL INDEX KEY: 0001585689 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 274384691 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36243 FILM NUMBER: 24602679 BUSINESS ADDRESS: STREET 1: 7930 JONES BRANCH DRIVE, SUITE 1100 CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 703-883-1000 MAIL ADDRESS: STREET 1: 7930 JONES BRANCH DRIVE, SUITE 1100 CITY: MCLEAN STATE: VA ZIP: 22102 10-K 1 hlt-20231231.htm 10-K hlt-20231231 0001585689 true 12/31/2023 2023 FY FALSE --12-31 252,160,518 37,479,000,000 7930 Jones Branch Drive Suite 1100 McLean VA P2Y0M0D http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations 4 0001585689 2023-01-01 2023-12-31 0001585689 2023-06-30 iso4217:USD 0001585689 2024-02-02 xbrli:shares 0001585689 2023-12-31 0001585689 2022-12-31 0001585689 hlt:ManagementandFranchiseAgreementsMember 2023-12-31 0001585689 hlt:ManagementandFranchiseAgreementsMember 2022-12-31 0001585689 us-gaap:OtherIntangibleAssetsMember 2023-12-31 0001585689 us-gaap:OtherIntangibleAssetsMember 2022-12-31 0001585689 hlt:GuestLoyaltyProgramMember 2023-12-31 0001585689 hlt:GuestLoyaltyProgramMember 2022-12-31 iso4217:USD xbrli:shares 0001585689 hlt:FranchiseandlicensingfeesMember 2023-01-01 2023-12-31 0001585689 hlt:FranchiseandlicensingfeesMember 2022-01-01 2022-12-31 0001585689 hlt:FranchiseandlicensingfeesMember 2021-01-01 2021-12-31 0001585689 us-gaap:ManagementServiceBaseMember 2023-01-01 2023-12-31 0001585689 us-gaap:ManagementServiceBaseMember 2022-01-01 2022-12-31 0001585689 us-gaap:ManagementServiceBaseMember 2021-01-01 2021-12-31 0001585689 us-gaap:ManagementServiceIncentiveMember 2023-01-01 2023-12-31 0001585689 us-gaap:ManagementServiceIncentiveMember 2022-01-01 2022-12-31 0001585689 us-gaap:ManagementServiceIncentiveMember 2021-01-01 2021-12-31 0001585689 us-gaap:HotelOwnedMember 2023-01-01 2023-12-31 0001585689 us-gaap:HotelOwnedMember 2022-01-01 2022-12-31 0001585689 us-gaap:HotelOwnedMember 2021-01-01 2021-12-31 0001585689 us-gaap:HotelOtherMember 2023-01-01 2023-12-31 0001585689 us-gaap:HotelOtherMember 2022-01-01 2022-12-31 0001585689 us-gaap:HotelOtherMember 2021-01-01 2021-12-31 0001585689 hlt:TotalrevenuesexcludingreimbursablerevenuesMember 2023-01-01 2023-12-31 0001585689 hlt:TotalrevenuesexcludingreimbursablerevenuesMember 2022-01-01 2022-12-31 0001585689 hlt:TotalrevenuesexcludingreimbursablerevenuesMember 2021-01-01 2021-12-31 0001585689 hlt:ReimbursementRevenueMember 2023-01-01 2023-12-31 0001585689 hlt:ReimbursementRevenueMember 2022-01-01 2022-12-31 0001585689 hlt:ReimbursementRevenueMember 2021-01-01 2021-12-31 0001585689 2022-01-01 2022-12-31 0001585689 2021-01-01 2021-12-31 0001585689 hlt:GuestLoyaltyProgramMember 2023-01-01 2023-12-31 0001585689 hlt:GuestLoyaltyProgramMember 2022-01-01 2022-12-31 0001585689 hlt:GuestLoyaltyProgramMember 2021-01-01 2021-12-31 0001585689 2021-12-31 0001585689 2020-12-31 0001585689 us-gaap:CommonStockMember 2020-12-31 0001585689 us-gaap:TreasuryStockCommonMember 2020-12-31 0001585689 us-gaap:AdditionalPaidIn