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Hilton Worldwide Holdings Piotroski F-Score

: 7 (As of Today)
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Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Hilton Worldwide Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Hilton Worldwide Holdings's Piotroski F-Score or its related term are showing as below:

HLT' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 6   Max: 7
Current: 7

During the past 12 years, the highest Piotroski F-Score of Hilton Worldwide Holdings was 7. The lowest was 2. And the median was 6.


Hilton Worldwide Holdings Piotroski F-Score Historical Data

The historical data trend for Hilton Worldwide Holdings's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hilton Worldwide Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Piotroski F-Score
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 7.00 7.00 4.00 6.00

Hilton Worldwide Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Piotroski F-Score Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 4.00 6.00 6.00 7.00

Competitive Comparison

For the Lodging subindustry, Hilton Worldwide Holdings's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Hilton Worldwide Holdings Piotroski F-Score Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Hilton Worldwide Holdings's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hilton Worldwide Holdings's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Jun22) TTM:Last Year (Jun21) TTM:
Net Income was 241 + 147 + 212 + 368 = $968 Mil.
Cash Flow from Operations was 278 + 131 + 195 + 333 = $937 Mil.
Revenue was 1749 + 1836 + 1721 + 2240 = $7,546 Mil.
Gross Profit was 605 + 494 + 515 + 752 = $2,366 Mil.
Average Total Assets from the begining of this year (Jun21)
to the end of this year (Jun22) was
(15090 + 15314 + 15441 + 15459 + 15382) / 5 = $15337.2 Mil.
Total Assets at the begining of this year (Jun21) was $15,090 Mil.
Long-Term Debt & Capital Lease Obligation was $9,455 Mil.
Total Current Assets was $2,840 Mil.
Total Current Liabilities was $3,195 Mil.
Net Income was -79 + -224 + -108 + 130 = $-281 Mil.

Revenue was 933 + 890 + 874 + 1329 = $4,026 Mil.
Gross Profit was 197 + 126 + 179 + 377 = $879 Mil.
Average Total Assets from the begining of last year (Jun20)
to the end of last year (Jun21) was
(17126 + 17129 + 16755 + 15974 + 15090) / 5 = $16414.8 Mil.
Total Assets at the begining of last year (Jun20) was $17,126 Mil.
Long-Term Debt & Capital Lease Obligation was $9,671 Mil.
Total Current Assets was $2,379 Mil.
Total Current Liabilities was $2,779 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Hilton Worldwide Holdings's current Net Income (TTM) was 968. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Hilton Worldwide Holdings's current Cash Flow from Operations (TTM) was 937. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun21)
=968/15090
=0.06414844

ROA (Last Year)=Net Income/Total Assets (Jun20)
=-281/17126
=-0.0164078

Hilton Worldwide Holdings's return on assets of this year was 0.06414844. Hilton Worldwide Holdings's return on assets of last year was -0.0164078. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Hilton Worldwide Holdings's current Net Income (TTM) was 968. Hilton Worldwide Holdings's current Cash Flow from Operations (TTM) was 937. ==> 937 <= 968 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun21 to Jun22
=9455/15337.2
=0.61647498

Gearing (Last Year: Jun21)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun20 to Jun21
=9671/16414.8
=0.58916344

Hilton Worldwide Holdings's gearing of this year was 0.61647498. Hilton Worldwide Holdings's gearing of last year was 0.58916344. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun22)=Total Current Assets/Total Current Liabilities
=2840/3195
=0.88888889

Current Ratio (Last Year: Jun21)=Total Current Assets/Total Current Liabilities
=2379/2779
=0.85606333

Hilton Worldwide Holdings's current ratio of this year was 0.88888889. Hilton Worldwide Holdings's current ratio of last year was 0.85606333. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Hilton Worldwide Holdings's number of shares in issue this year was 280. Hilton Worldwide Holdings's number of shares in issue last year was 281. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2366/7546
=0.3135436

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=879/4026
=0.21833085

Hilton Worldwide Holdings's gross margin of this year was 0.3135436. Hilton Worldwide Holdings's gross margin of last year was 0.21833085. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun21)
=7546/15090
=0.50006627

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun20)
=4026/17126
=0.23508116

Hilton Worldwide Holdings's asset turnover of this year was 0.50006627. Hilton Worldwide Holdings's asset turnover of last year was 0.23508116. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+0+1+1+1+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Hilton Worldwide Holdings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Hilton Worldwide Holdings  (NYSE:HLT) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Hilton Worldwide Holdings Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Hilton Worldwide Holdings's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Hilton Worldwide Holdings Business Description

Hilton Worldwide Holdings logo
Traded in Other Exchanges
Address
7930 Jones Branch Drive, Suite 1100, McLean, VA, USA, 22102
Hilton Worldwide Holdings operates 1,074,791 rooms across its 18 brands addressing the midscale through luxury segments as of Dec. 31, 2021. Hampton and Hilton are the two largest brands by total room count at 28% and 21%, respectively, as of Dec. 31, 2021. Recent brands launched over the last few years include Home2, Curio, Canopy, Tru, and Tempo. Managed and franchised represent the vast majority of adjusted EBITDA, predominantly from the Americas regions.
Executives
Fuentes Laura officer: See Remarks 7930 JONES BRANCH DRIVE MCLEAN VA 22102
Carr Chris director 7930 JONES BRANCH DRIVE MCLEAN VA 22102
Rinck Martin officer: See Remarks 7930 JONES BRANCH DRIVE MCLEAN VA 22102
Zhang Ling director C/O HILTON WORLDWIDE HOLDINGS INC. 7930 JONES BRANCH DRIVE MCLEAN VA 22102
Mabus Raymond E director C/O DANA INCORPORATED 3939 TECHNOLOGY DRIVE MAUMEE OH 43537
Healey Melanie director VERIZON COMMUNICATIONS INC. 1095 AVENUE OF THE AMERICAS NEW YORK NY 10036
Witter Jonathan W. officer: See Remarks 1680 CAPITAL ONE DRIVE MCLEAN VA 22102
Begley Charlene T director
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Hna Hlt Holdco Ii Llc 10 percent owner THE CORPORATION TRUST COMPANY 1209 ORANGE STREET WILMINGTON DE 19801
Hna Group Co., Ltd. 10 percent owner HNA BUILDING NO. 7 GUOXING ROAD HAIKOU, HAINAN F4 570203
Hna Hlt Holdco Iii Ltd 10 percent owner THE CENTER 99 QUEEN?S ROAD CENTRAL CENTRAL K3 999077
Hna Hlt Holdco I Llc 10 percent owner THE CORPORATION TRUST COMPANY 1209 ORANGE STREET WILMINGTON DE 19801
Blackstone Real Estate Holdings International Ii-q L.p. 10 percent owner C/O THE BLACKSTONE GROUP L.P. 345 PARK AVENUE NEW YORK NY 10154

Hilton Worldwide Holdings Headlines

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