Hyatt Hotels Corporation

NYSE:H Stock Report

Market Cap: US$16.6b

Hyatt Hotels Past Earnings Performance

Past criteria checks 1/6

Hyatt Hotels has been growing earnings at an average annual rate of 26%, while the Hospitality industry saw earnings growing at 28.7% annually. Revenues have been growing at an average rate of 14% per year. Hyatt Hotels's return on equity is 2.3%, and it has net margins of 2.2%.

Key information

26.01%

Earnings growth rate

27.02%

EPS growth rate

Hospitality Industry Growth19.52%
Revenue growth rate13.97%
Return on equity2.28%
Net Margin2.24%
Last Earnings Update30 Jun 2026

Recent past performance updates

Recent updates

Seeking Alpha Jul 28

Hyatt Hotels: I Underestimated (Rating Upgrade)

Summary Hyatt Hotels Corporation is upgraded from 'hold' to a soft 'buy' based on management's robust growth outlook and improving fundamentals. H expects 2026–2028 EBITDA CAGR of 9–13%, driven by luxury segment expansion, loyalty program growth, and scalable brand initiatives. Net leverage ratio of 3.06 positions H as lower risk versus peers, supporting a case for at least current multiples or higher by 2028. Potential annualized returns range from 1.4% to 19.1% depending on valuation multiples, with Q2 2026 results on July 30 as a near-term catalyst. Read the full article on Seeking Alpha
Narrative Update Jul 20

H: Index Inclusion And Loyalty Partnerships Will Support Steady Balanced Performance

Analysts have raised their price target for Hyatt Hotels to $197.78 per share from $193.52, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E that together support a slightly higher valuation range. What’s in the News for Hyatt Hotels Morgan Stanley identified Hyatt Hotels, along with other lodging companies, as offering potential upside linked to demand beyond the World Cup period, highlighting the stock in sector-level commentary.
Narrative Update Jul 03

H: New Convention Property And Buybacks Will Support Future Earnings Quality

Analysts have nudged their price target on Hyatt Hotels to $221, reflecting updated assumptions for slightly lower discount rates, higher projected revenue growth, stronger profit margins, and a more moderate future P/E multiple compared with prior estimates. What’s in the News for Hyatt Hotels Hyatt Hotels, together with HSL Properties and Desert Hospitality Management, plans to open the Hyatt Regency Tucson Convention Center in late 2027, the first Hyatt Regency property in Tucson, with 291 guestrooms and suites and about 22,000 square feet of meeting and event space.
Analysis Article Jun 20

Hyatt Hotels (H) Stock Could Be 4.4% Overvalued After New Expansion Agreements

Recent expansion moves and what they mean for Hyatt Hotels stock Hyatt Hotels (H) has been active on the development front, with a new management agreement for Hyatt Place Semarang in Indonesia and the planned conversion of the Ontario Airport Hotel into a Hyatt Regency. These agreements expand Hyatt Hotels' presence in Southeast Asia and Southern California, and give investors fresh projects to watch as the company continues to grow its management and franchising footprint alongside its...
Narrative Update Jun 19

H: Expanded Hotel Pipeline And Buybacks Will Still Limit Share Upside

Analysts have lifted their price target on Hyatt Hotels to $165, up from $150, citing updated assumptions around revenue growth, profit margin, and future P/E expectations. What’s in the News for Hyatt Hotels National CORE secured approximately US$103 million in bond financing to convert the Ontario Airport Hotel & Conference Center into Hyatt Regency Ontario, with Hyatt as franchisor and opening targeted for early 2027.
Narrative Update Jun 04

H: AI Adoption And Capital Returns Will Support Steady Balanced Performance

Analysts have lifted their price target on Hyatt Hotels to about $194 from roughly $187, reflecting updated assumptions around revenue growth, profit margins, and a slightly adjusted future P/E multiple. What's in the News At the NYU International Hospitality Investment Forum 2026, Hyatt CEO Mark Hoplamazian discussed using artificial intelligence to streamline back office tasks so staff can focus more on guests, while also highlighting mixed trends in travel demand, with softer international travel and firm domestic leisure and higher end demand.
Narrative Update May 21

H: Global Expansion And Capital Returns Will Support Steady Balanced Performance

Analysts have lifted their price target on Hyatt Hotels from $182.52 to $187.39, citing updated assumptions for revenue growth, profit margins, and a lower future P/E multiple as key factors behind the revised valuation. What's in the News Hyatt plans an Analyst and Investor Day, giving you a closer look at management's priorities and long term capital allocation plans.
Narrative Update May 05

H: Global Resort And Extended Stay Expansion Will Support Future Earnings Quality

Analysts have trimmed Hyatt Hotels' implied fair value to about $214.76 from roughly $216.49, as updated assumptions around revenue growth, profit margins, the discount rate, and future P/E coalesce into a slightly lower price target. What's in the News Hyatt updated its 2026 earnings outlook, guiding to net income attributable to the company between US$255 million and US$350 million.
Narrative Update Apr 20

H: Future Hotel Pipeline And Legal Risks Will Restrain Share Upside

Analysts have raised their price target on Hyatt Hotels from $135 to $150, citing updated assumptions for revenue growth, profit margins and future P/E, which they see as better reflecting the company’s earnings power under current conditions. What's in the News Hyatt introduced a new Hyatt Studios extended stay hotel in Jacksonville, Florida, offering studio style suites with kitchens, complimentary grab and go breakfast, a 24/7 market, fitness studio, guest laundry and flexible meeting space.
Narrative Update Apr 06

H: Expanding Global Hotel Footprint Will Support Higher Future Earnings Quality

Analysts now set a slightly higher fair value estimate for Hyatt Hotels at about $216.49 per share, with small shifts in the assumed discount rate, revenue growth, profit margin, and future P/E helping explain the updated price target. What's in the News Hyatt introduced Hyatt Regency Niagara Falls Fallsview to World of Hyatt, its first hotel in Niagara Falls, Canada, with 42 floors, 611 rooms and more than 20,000 square feet of meeting and banquet space, expanding its presence in a major tourist destination.
Narrative Update Mar 23

H: Expanding Resort Portfolio And Completed Buybacks Will Support Higher Future Earnings Quality

Analysts have trimmed their price target on Hyatt Hotels slightly to about $216.45 from $216.94, reflecting updated assumptions around revenue growth, profit margins and future P/E levels. What's in the News Hyatt signed an agreement for Hyatt Place Ahmedabad Nikol, a 140 room hotel with a ballroom, conference rooms, boardroom, fitness center, and pool, expanding its presence in Ahmedabad, Gujarat.
Narrative Update Mar 07

H: Global Expansion And Higher Profitability Assumptions Will Support Steady, Balanced Performance

Analysts have lifted their price target on Hyatt Hotels from $175.91 to $182.52, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E, which they view as better aligned with the current outlook for the business. What's in the News Hyatt welcomes Seaview Hotel & Golf Club in Galloway, New Jersey, into the Destination by Hyatt brand, adding a 296 room resort with 16 suites, extensive meeting space, and two championship golf courses to its Mid Atlantic portfolio (Product related announcement).
Narrative Update Feb 21

H: Expanding Luxury Footprint And Share Repurchases Will Support Higher Long Term Earnings Quality

Analysts have raised their price target on Hyatt Hotels to about $217 from $203, citing updated assumptions that include a different discount rate, adjusted revenue growth expectations, a higher profit margin outlook, and a revised future P/E estimate. What's in the News Hyatt issued full year 2026 guidance that includes expected net income attributable to the company in a range of $235 million to $320 million and projected comparable system wide hotels RevPAR growth of 1.0% to 3.0% versus full year 2025 (company guidance).
Narrative Update Feb 06

H: Global Expansion And Higher Future P/E Will Support Steady, Balanced Performance

Analysts have trimmed their price target for Hyatt Hotels to about US$176 from roughly US$177, as slightly lower fair value, discount rate, revenue growth, and profit margin assumptions are only partly balanced by a marginally higher future P/E expectation. What's in the News Class action complaint filed in San Diego County Superior Court alleges Hyatt Corporation failed to provide required meal and rest breaks, pay minimum and overtime wages, issue accurate wage statements, pay wages when due, and reimburse certain business expenses under multiple California Labor Code sections (Lawsuits & Legal Issues).
Narrative Update Jan 23

H: Expanded Hotel Pipeline Will Support Higher Long Term Earnings Quality

Analysts have lifted their fair value estimate for Hyatt Hotels from US$183.63 to US$203.00, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Hyatt opened KYLN Hotel Suzhou under the JdV by Hyatt brand in Suzhou, China, targeting business, leisure, and extended stay guests with pet friendly accommodation, wellness facilities, and 7,534 square feet of meeting space (Key Developments).
Narrative Update Jan 09

H: Global Expansion And Higher Future P/E Will Support Steady, Balanced Performance

Analysts have lifted their fair value estimate for Hyatt Hotels from US$169.43 to US$176.83 per share, citing updated assumptions around discount rates, revenue growth, margins and future P/E expectations. What's in the News Hyatt opened KYLN Hotel Suzhou under the JdV by Hyatt brand in Suzhou, China, adding a pet-friendly, design-focused property with 7,534 square feet of conference space and multiple dining venues that highlight local culture and cuisine.
Analysis Article Jan 01

Hyatt Hotels Corporation's (NYSE:H) Earnings Haven't Escaped The Attention Of Investors

When close to half the companies in the Hospitality industry in the United States have price-to-sales ratios (or "P/S...
Narrative Update Dec 25

H: Global Expansion And Buybacks Are Expected To Support Steady, Balanced Future Performance

Analysts have slightly raised their price target on Hyatt Hotels, increasing their fair value estimate by approximately 1 percent to about 169 dollars. This reflects modestly higher long term profitability and valuation assumptions, despite largely unchanged growth and discount rate inputs.
Narrative Update Dec 11

H: Global Expansion And Buybacks Are Expected To Support Steady Future Performance

Analysts have nudged up their price target on Hyatt Hotels by approximately 0.3 percent to about $168 per share, citing a slightly higher long term fair value and modestly improved forward earnings multiple assumptions, despite a marginally higher discount rate. What's in the News Hyatt and Parks Hospitality Holdings opened Hyatt Place Cancun Airport, the first Hyatt Place in Quintana Roo and sixth in Mexico, with a 24/7 airport shuttle, on site parking, and nearly 1,500 square feet of flexible event space.
Narrative Update Nov 27

H: Expansion Plans And Margins Are Expected To Steady Near-Term Performance

Analysts have raised their price target for Hyatt Hotels to $167.14 from $164.47. They cite slightly improved revenue growth expectations and a reduced discount rate as key factors behind the updated valuation.
Narrative Update Nov 13

H: Future Profit Margins and Expansions Will Balance Risks and Opportunities

Analysts have raised their price target for Hyatt Hotels from approximately $161 to $164 per share. This decision is based on updates to fair value calculations, which are driven by stronger projected profit margins and a reduced discount rate.
Narrative Update Oct 30

H: Expanding Luxury Openings And Buybacks Will Drive Hospitality Leadership

Analysts have raised their price target for Hyatt Hotels from $158.74 to $160.63. This change reflects slightly improved revenue growth projections and a modest reduction in the discount rate.
Narrative Update Oct 16

Select Brand And Asset-Light Sale Will Shape Hospitality Despite Risks

Analysts have raised their price target for Hyatt Hotels from $156.95 to $158.74, citing modest improvements in projected revenue growth and a slightly lower discount rate as key drivers for the increased valuation. What's in the News The Park Hyatt brand is expanding globally, with new hotels opening in prominent locations including Los Cabos, Cancun, Mexico City, and Vancouver.
Narrative Update Sep 10

Select Brand And Asset-Light Sale Will Shape Hospitality Despite Risks

Hyatt Hotels’ consensus price target saw a negligible increase to $156.95, as both its future P/E and discount rate remained effectively unchanged, indicating stable valuation expectations. What's in the News Hyatt announced a strategic collaboration with Way to integrate ancillary offerings, experiential programming, and World of Hyatt FIND experiences on a single digital platform, allowing World of Hyatt members to earn and redeem points on experiences booked through individual hotel websites.

Revenue & Expenses Breakdown

How Hyatt Hotels makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:H Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 263,523795870
31 Mar 263,443-345590
31 Dec 253,472-525550
30 Sep 253,339-885520
30 Jun 253,2184325400
31 Mar 253,2167945050
31 Dec 243,2961,2965480
30 Sep 243,4041,3785790
30 Jun 243,5109755750
31 Mar 243,5706845900
31 Dec 233,6092205780
30 Sep 233,5934885800
30 Jun 233,5614485660
31 Mar 233,4835865100
31 Dec 223,2714554350
30 Sep 222,9931324110
30 Jun 222,5522243720
31 Mar 222,00693820
31 Dec 211,445-2223660
30 Sep 211,023-3963540
30 Jun 21760-6773540
31 Mar 21498-9043690
31 Dec 20780-7033210
30 Sep 201,267-1793060
30 Jun 201,7332783200
31 Mar 202,3686003190
31 Dec 192,5597664170
30 Sep 192,5484893660
30 Jun 192,5354303650
31 Mar 192,4964213480
31 Dec 182,4987693200
30 Sep 182,5269383520
30 Jun 182,5827193590
31 Mar 182,6577453660
31 Dec 172,7003893770
30 Sep 172,6822173560
30 Jun 172,6812613410
31 Mar 172,6602253260
31 Dec 162,5342063150
30 Sep 162,6042003240
30 Jun 162,5771633040
31 Mar 162,5531363020
31 Dec 152,5421243080
30 Sep 152,5542693040

Quality Earnings: H has a large one-off loss of $119.0M impacting its last 12 months of financial results to 30th June, 2026.

Growing Profit Margin: H's current net profit margins (2.2%) are lower than last year (13.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: H has become profitable over the past 5 years, growing earnings by 26% per year.

Accelerating Growth: H's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: H had negative earnings growth (-81.7%) over the past year, making it difficult to compare to the Hospitality industry average (21.3%).


Return on Equity

High ROE: H's Return on Equity (2.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/31 17:11
End of Day Share Price 2026/07/31 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hyatt Hotels Corporation is covered by 35 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael BellisarioBaird
Brandt MontourBarclays
Jack CummingsBerenberg