Expedia Group vs Hilton Worldwide
Expedia Group reported revenue of $14.7 billion in fiscal 2025, 1.2 times Hilton Worldwide's $12.0 billion in fiscal 2025. Expedia Group's revenue grew 7.6% in its latest year, and Hilton Worldwide's grew 7.7%. Expedia Group had an operating margin of 12.7%, against 22.4% at Hilton Worldwide. Free cash flow was $3.1 billion at Expedia Group and $2.0 billion at Hilton Worldwide.
Side by side
| Expedia Group | Hilton Worldwide | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $14.7B | $12.0B |
| Revenue growth | 7.6% | 7.7% |
| Revenue growth a year, last 5 years | 23.2% | 22.8% |
| Gross margin | — | — |
| Operating margin | 12.7% | 22.4% |
| Net margin | 8.8% | 12.1% |
| Free cash flow | $3.1B | $2.0B |
| Free cash flow margin | 21.1% | 16.9% |
| Return on capital | 40.5% | 31.1% |
| Net debt to EBITDA | 0.2x | 4.0x |
| Dividends and buybacks | $2.1B | $3.3B |
| Change in diluted share count | −4.3% | −4.8% |
| Last close | $283.97 | $351.89 |
| P/E at the last close | 17.7× | 51.6× |
| Insider trades, last 12 months | sold $8.5 million | sold $38.7 million |
| Piotroski F-score | 8 of 8 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Expedia GroupHilton Worldwide
Operating margin
Percent of revenue
Expedia GroupHilton Worldwide
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Expedia GroupHilton Worldwide
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Expedia Group and Hilton Worldwide pages.