Hilton Worldwide Holdings (MEX:HLT) Beneish M-Score: -2.67 (As of Jun. 25, 2026)


MEX:HLT Hilton Worldwide Holdings Inc MEX:HLT
78 GF Score
Price MXN5,978.00
GF Value MXN5,055.12
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hilton Worldwide Holdings Beneish M-Score?

Hilton Worldwide Holdings MEX:HLT 78 Beneish M-Score is -2.67 as of Jun. 25, 2026. GuruFocus rates MEX:HLT with a GF Score™ of 78/100 and a GF Value™ of MXN5,055.12 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 823 Travel & Leisure companies, Hilton Worldwide Holdings ranks better than 54.19% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -2.67 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

MEX:HLT' s Beneish M-Score Range Over the Past 10 Years
Min: -3.14   Med: -2.52   Max: -1.04
Current: -2.67

During the past 13 years, the highest Beneish M-Score of Hilton Worldwide Holdings was -1.04. The lowest was -3.14. And the median was -2.52.


Hilton Worldwide Holdings Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Hilton Worldwide Holdings's Beneish M-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.

Hilton Worldwide Holdings Beneish M-Score Chart

Hilton Worldwide Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.21 -2.30 -2.53 -2.56 -2.62

Hilton Worldwide Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial 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 -2.56 -2.65 -2.70 -2.62 -2.67

MEX:HLT vs MAR, H, HTHT: Beneish M-Score Comparison

For the Lodging subindustry, Hilton Worldwide Holdings's Beneish M-Score, along with its competitors' market caps and Beneish M-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 Beneish M-Score vs Travel & Leisure Industry

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

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


MEX:HLT
78GF Score
Hilton Worldwide Holdings Inc MEX:HLT
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hilton Worldwide Holdings Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Hilton Worldwide Holdings for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 0.9376+0.528 * 0.9331+0.404 * 0.9869+0.892 * 1.0052+0.115 * 0.9694
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9151+4.679 * -0.045863-0.327 * 1.0644
=-2.80

* 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was MXN30,367 Mil.
Revenue was 52962.04 + 55583.596 + 57233.904 + 59067.2 = MXN224,847 Mil.
Gross Profit was 15381.893 + 14422.566 + 17261.892 + 18000.715 = MXN65,067 Mil.
Total Current Assets was MXN49,987 Mil.
Total Assets was MXN295,466 Mil.
Property, Plant and Equipment(Net PPE) was MXN22,018 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN3,401 Mil.
Selling, General, & Admin. Expense(SGA) was MXN7,363 Mil.
Total Current Liabilities was MXN82,157 Mil.
Long-Term Debt & Capital Lease Obligation was MXN235,020 Mil.
Net Income was 6942.59 + 5347.693 + 7704.564 + 8284.848 = MXN28,280 Mil.
Non Operating Income was 36.065 + -144.046 + -256.819 + 37.658 = MXN-327 Mil.
Cash Flow from Operations was 11144.209 + 3655.157 + 14968.867 + 12389.614 = MXN42,158 Mil.
Total Receivables was MXN32,222 Mil.
Revenue was 55134.849 + 58041.413 + 56452.09 + 54062.624 = MXN223,691 Mil.
Gross Profit was 14259.365 + 13952.463 + 15535.647 + 16652.974 = MXN60,400 Mil.
Total Current Assets was MXN56,546 Mil.
Total Assets was MXN328,211 Mil.
Property, Plant and Equipment(Net PPE) was MXN20,151 Mil.
Depreciation, Depletion and Amortization(DDA) was MXN3,004 Mil.
Selling, General, & Admin. Expense(SGA) was MXN8,005 Mil.
Total Current Liabilities was MXN98,915 Mil.
Long-Term Debt & Capital Lease Obligation was MXN232,098 Mil.




1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(30367.067 / 224846.74) / (32221.665 / 223690.976)
=0.135057 / 0.144045
=0.9376

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(60400.449 / 223690.976) / (65067.066 / 224846.74)
=0.270017 / 0.289384
=0.9331

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (49986.644 + 22017.927) / 295465.79) / (1 - (56546.465 + 20151.327) / 328210.903)
=0.756301 / 0.766316
=0.9869

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=224846.74 / 223690.976
=1.0052

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(3003.583 / (3003.583 + 20151.327)) / (3401.392 / (3401.392 + 22017.927))
=0.129717 / 0.133811
=0.9694

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(7362.992 / 224846.74) / (8004.966 / 223690.976)
=0.032747 / 0.035786
=0.9151

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((235020.179 + 82156.981) / 295465.79) / ((232098.279 + 98915.397) / 328210.903)
=1.073482 / 1.00854
=1.0644

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(28279.695 - -327.142 - 42157.847) / 295465.79
=-0.045863

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Hilton Worldwide Holdings has a M-score of -2.80 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.67 mean?
Hilton Worldwide Holdings (MEX:HLT) has a Beneish M-Score of -2.67 as of Jun. 25, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Hilton Worldwide Holdings and its competitors. According to the industry distribution chart, Hilton Worldwide Holdings ranks #377 out of 823 companies in the Travel & Leisure industry, placing it in the top 45.8%.
Is Hilton Worldwide Holdings' Beneish M-Score too high?
Hilton Worldwide Holdings' current Beneish M-Score is -2.67. Based on the distribution chart, Hilton Worldwide Holdings ranks #377 out of 823 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Hilton Worldwide Holdings has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hilton Worldwide Holdings' Beneish M-Score compare to MAR and H?
According to the Travel & Leisure industry distribution chart, Hilton Worldwide Holdings ranks #377 out of 823 companies for Beneish M-Score. This puts Hilton Worldwide Holdings in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Travel & Leisure company?
A good Beneish M-Score depends on the Travel & Leisure industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Hilton Worldwide Holdings and its competitors. Hilton Worldwide Holdings's current Beneish M-Score is -2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hilton Worldwide Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hilton Worldwide Holdings (MEX:HLT) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN5,055.12, compared to a current price of MXN5,978.00 — trading 18.3% above its estimated fair value. The current Beneish M-Score is -2.67. Hilton Worldwide Holdings' overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Hilton Worldwide Holdings (MEX:HLT), the current Beneish M-Score is -2.67 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hilton Worldwide Holdings (MEX:HLT) Overvalued in 2026?

Based on GuruFocus' analysis, Hilton Worldwide Holdings stock appears to be overvalued. The current stock price of MXN5,978.00 is trading 18.3% above its estimated GF Value™ of MXN5,055.12. GuruFocus considers Hilton Worldwide Holdings to be Modestly Overvalued.

Key valuation signals for MEX:HLT:

  • Beneish M-Score: -2.67
  • GF Value™: MXN5,055.12 vs. price of MXN5,978.00 (18.3% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the MEX:HLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hilton Worldwide Holdings Business Description

Address 7930 Jones Branch Drive, Suite 1100, McLean, VA, USA, 22102
Hilton Worldwide Holdings operates 1.36 million rooms across its 27 brands, serving the premium economy through luxury segments. Hampton and Hilton are the two largest brands, representing 27% and 18%, respectively, of the company's total rooms, as of Dec. 31, 2025. Recent brands launched over the past few years include Home2, Curio, Canopy, Spark, Tru, Tempo, LivSmart, and Outset. Additionally, there is a partnership with Small Luxury Hotels of the World and acquisitions of NoMad and Graduate Hotels. Managed and franchised hotels represent the vast majority of adjusted EBITDA, predominantly from the Americas.
78GF Score

Get the complete analysis for MEX:HLT

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,978.00
Price
MXN5,055.12
GF Value