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Hilton Worldwide HoldingsHLT -0.42%86 ROC (Joel Greenblatt) % is 219.18% as of Mar. 2026, which is 1% below its 10-year median of 221.74. GuruFocus rates HLT with a GF Scoreâ„¢ of 86/100 and a GF Valueâ„¢ of $293.04 (Fairly Valued). The stock has 4 warning signs investors should review. Among 845 Travel & Leisure companies, Hilton Worldwide Holdings ranks better than 94.2% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Hilton Worldwide Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 219.18%.
The historical rank and industry rank for Hilton Worldwide Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
HLT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.86 Med: 221.74 Max: 402.5
Current: 256.42
During the past 13 years, Hilton Worldwide Holdings's highest ROC (Joel Greenblatt) % was 402.50%. The lowest was -41.86%. And the median was 221.74%.
HLT's ROC (Joel Greenblatt) % is ranked better than 94.2% of 845
companies
in the Travel & Leisure industry
Industry Median: 10
vs HLT: 256.42
Hilton Worldwide Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Hilton Worldwide Holdings ROC (Joel Greenblatt) % Related Terms
Hilton Worldwide Holdings ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Hilton Worldwide Holdings's ROC (Joel Greenblatt) % 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.
HLT vs MAR, H, HTHT: ROC (Joel Greenblatt) % Comparison
For the Lodging subindustry, Hilton Worldwide Holdings's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Hilton Worldwide Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Hilton Worldwide Holdings's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 219.18% mean?
Hilton Worldwide Holdings (HLT) has a ROC (Joel Greenblatt) % of 219.18% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hilton Worldwide Holdings and its competitors. This is near median its historical median of 221.74. According to the industry distribution chart, Hilton Worldwide Holdings ranks #49 out of 845 companies in the Travel & Leisure industry, placing it in the top 5.8%.
Is Hilton Worldwide Holdings' ROC (Joel Greenblatt) % too high?
Hilton Worldwide Holdings' current ROC (Joel Greenblatt) % of 219.18% is near median its 10-year median of 221.74. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.00. Hilton Worldwide Holdings' value of 219.18% is 2091.8% above this industry median. Based on the distribution chart, Hilton Worldwide Holdings ranks #49 out of 845 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Hilton Worldwide Holdings has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hilton Worldwide Holdings' ROC (Joel Greenblatt) % compare to MAR and H?
According to the Travel & Leisure industry distribution chart, Hilton Worldwide Holdings ranks #49 out of 845 companies for ROC (Joel Greenblatt) %. This places Hilton Worldwide Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.00. Hilton Worldwide Holdings' value of 219.18% is 2091.8% above this benchmark. While the company's 10-year median is 221.74 vs. the industry median of 10.00, Hilton Worldwide Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.00, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hilton Worldwide Holdings's current ROC (Joel Greenblatt) % of 219.18% is 2091.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Hilton Worldwide Holdings and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hilton Worldwide Holdings's current ROC (Joel Greenblatt) % is 219.18%, which is near median its own 10-year median of 221.74. 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 (HLT) is currently considered Fairly Valued. The stock's GF Value™ is $293.04, compared to a current price of $322.57 — trading 10.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 219.18%, which is near median its 10-year median of 221.74 and 2091.8% above the Travel & Leisure industry median of 10.00. Hilton Worldwide Holdings' overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Hilton Worldwide Holdings (HLT), the current ROC (Joel Greenblatt) % is 219.18% as of Mar. 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 (HLT) Overvalued in 2026?
Based on GuruFocus' analysis, Hilton Worldwide Holdings stock appears to be overvalued.
The current stock price of $322.57 is trading 10.1% above its estimated GF Value™ of $293.04.
GuruFocus considers Hilton Worldwide Holdings to be Fairly Valued.
Key valuation signals for HLT:
ROC (Joel Greenblatt) %: 219.18% (near median its 10-year median of 221.74)
GF Value™: $293.04 vs. price of $322.57 (10.1% above fair value)
Industry Position: 2091.8% above the Travel & Leisure median (#49 of 845)
No single metric tells the full story. See the HLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
86GF Score
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