What is Host Hotels's earnings per share (EPS)?

Host Hotels (HST) reported diluted earnings per share of $1.10 for fiscal year 2025. This represents a 11.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Host Hotels Financials

HST

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Host Hotels (HST) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI HST FY2025 2026-05-08

Host Hotels & Resorts turns a depreciation-heavy asset base into cash flow well above earnings, then recycles much of it to owners.

Across FY2023-FY2025, operating cash flow stayed near $1.5B even as operating margin compressed. In FY2025, depreciation and amortization of $795M roughly bridged the gap between earnings and cash from operations, showing reported profit is being dampened more by non-cash asset charges than by weak cash generation.

FY2025 revenue reached $6.1B, but operating income slipped to $855M; that mismatch says newer revenue carried heavier operating cost or asset-related expense. The move in operating margin from 15.4% to 14.0% shows less of each new revenue dollar reached the operating line.

Cash rose to $768M in FY2025 while investing outflows fell sharply from the prior year, yet equity still edged lower because dividends plus buybacks of about $828M slightly exceeded net income. At the same time, long-term debt climbed to $1.3B, so more of the company’s cash return and liquidity posture is being supported by borrowing rather than retained earnings alone.

Financial Health Signals

Financial Profile 39/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Host Hotels's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Host Hotels has an operating margin of 14.0%, meaning the company retains $14 of operating profit per $100 of revenue. This results in a moderate score of 55/100, indicating healthy but not exceptional operating efficiency. This is down from 15.4% the prior year.

Growth

Host Hotels's revenue grew 7.6% year-over-year to $6.1B, a solid pace of expansion. This earns a growth score of 45/100.

Leverage

Host Hotels carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Returns

Host Hotels's ROE of 11.7% shows moderate profitability relative to equity, earning a score of 36/100. This is up from 10.5% the prior year.

Piotroski F-Score Neutral

6/9

Host Hotels passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.97x

For every $1 of reported earnings, Host Hotels generates $1.97 in operating cash flow ($1.5B OCF vs $765.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

3.6x

Host Hotels earns $3.6 in operating income for every $1 of interest expense ($855.0M vs $235.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$6.1B

YoY+7.6%

5Y CAGR+30.4%

10Y CAGR+1.3%

Host Hotels generated $6.1B in revenue in fiscal year 2025. This represents an increase of 7.6% from the prior year.

EBITDA

$1.6B

YoY+0.8%

10Y CAGR+2.1%

Host Hotels's EBITDA was $1.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 0.8% from the prior year.

Net Income

$765.0M

YoY+9.8%

10Y CAGR+3.2%

Host Hotels reported $765.0M in net income in fiscal year 2025. This represents an increase of 9.8% from the prior year.

EPS (Diluted)

$1.10

YoY+11.1%

10Y CAGR+4.0%

Host Hotels earned $1.10 per diluted share (EPS) in fiscal year 2025. This represents an increase of 11.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$768.0M

YoY+38.6%

5Y CAGR-19.9%

10Y CAGR+13.3%

Host Hotels held $768.0M in cash against $1.3B in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.95

YoY+5.6%

5Y CAGR+36.6%

10Y CAGR+1.7%

Host Hotels paid $0.95 per share in dividends in fiscal year 2025. This represents an increase of 5.6% from the prior year.

Shares Outstanding

688M

YoY-1.6%

5Y CAGR-0.5%

10Y CAGR-0.9%

Host Hotels had 688M shares outstanding in fiscal year 2025. This represents a decrease of 1.6% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

14.0%

YoY-1.4pp

5Y CAGR+72.8pp

10Y CAGR+2.2pp

Host Hotels's operating margin was 14.0% in fiscal year 2025, reflecting core business profitability. This is down 1.4 percentage points from the prior year.

Net Margin

12.5%

YoY+0.2pp

5Y CAGR+57.7pp

10Y CAGR+2.1pp

Host Hotels's net profit margin was 12.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.2 percentage points from the prior year.

Return on Equity

11.7%

YoY+1.1pp

5Y CAGR+23.3pp

10Y CAGR+3.8pp

Host Hotels's ROE was 11.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$205.0M

YoY+91.6%

5Y CAGR+6.9%

10Y CAGR-11.2%

Host Hotels spent $205.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 91.6% from the prior year.

Capital Expenditures

N/A

HST Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$6.1B+7.6%	$5.7B+7.0%	$5.3B+8.2%	$4.9B+69.8%	$2.9B+78.4%	$1.6B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$124.0M+0.8%	$123.0M-6.8%	$132.0M+23.4%	$107.0M+8.1%	$99.0M+11.2%	$89.0M
Operating Income	$855.0M-2.3%	$875.0M+5.8%	$827.0M+6.7%	$775.0M+410.0%	-$250.0M+73.8%	-$953.0M
Interest Expense	$235.0M+9.3%	$215.0M+12.6%	$191.0M+22.4%	$156.0M-18.3%	$191.0M-1.5%	$194.0M
Income Tax	$42.0M+200.0%	$14.0M-61.1%	$36.0M+38.5%	$26.0M+128.6%	-$91.0M+58.6%	-$220.0M
Net Income	$765.0M+9.8%	$697.0M-5.8%	$740.0M+16.9%	$633.0M+5854.5%	-$11.0M+98.5%	-$732.0M
EPS (Diluted)	$1.10+11.1%	$0.99-4.8%	$1.04+18.2%	$0.88+4500.0%	$-0.02+98.1%	$-1.04

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$1.6B+2.6%	$1.6B+20.4%	$1.3B-16.1%	$1.6B-0.5%	$1.6B+11.6%	$1.4B+8.3%	$1.3B-10.0%	$1.5B
Cost of Revenue	$224.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$719.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$28.0M-31.7%	$41.0M+51.9%	$27.0M+8.0%	$25.0M-19.4%	$31.0M-26.2%	$42.0M+68.0%	$25.0M-13.8%	$29.0M
Operating Income	$319.0M+66.1%	$192.0M+90.1%	$101.0M-63.5%	$277.0M-2.8%	$285.0M+81.5%	$157.0M+16.3%	$135.0M-53.8%	$292.0M
Interest Expense	$59.0M-1.7%	$60.0M0.0%	$60.0M+3.4%	$58.0M+1.8%	$57.0M-3.4%	$59.0M0.0%	$59.0M+18.0%	$50.0M
Income Tax	$17.0M+142.9%	$7.0M-22.2%	$9.0M-66.7%	$27.0M+2800.0%	-$1.0M+83.3%	-$6.0M-200.0%	$6.0M-62.5%	$16.0M
Net Income	$494.0M+265.9%	$135.0M-16.1%	$161.0M-27.1%	$221.0M-10.9%	$248.0M+129.6%	$108.0M+31.7%	$82.0M-65.7%	$239.0M
EPS (Diluted)	$0.72	N/A	$0.23-28.1%	$0.32-8.6%	$0.35	N/A	$0.12-64.7%	$0.34

HST Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$13.0B0.0%	$13.0B+6.6%	$12.2B-0.2%	$12.3B-0.7%	$12.4B-4.2%	$12.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$768.0M+38.6%	$554.0M-51.6%	$1.1B+71.5%	$667.0M-17.3%	$807.0M-65.4%	$2.3B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.3B+0.7%	$6.3B+15.8%	$5.4B+0.5%	$5.4B-6.7%	$5.8B-10.5%	$6.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$1.3B+42.2%	$896.0M+20.1%	$746.0M-1.6%	$758.0M+73.9%	$436.0M-1.4%	$442.0M
Total Equity	$6.6B-0.8%	$6.6B-0.4%	$6.6B-1.1%	$6.7B+4.2%	$6.4B+1.9%	$6.3B
Retained Earnings	-$670.0M+13.8%	-$777.0M+7.4%	-$839.0M+10.6%	-$939.0M+21.2%	-$1.2B-1.0%	-$1.2B

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$13.2B+0.8%	$13.0B+0.1%	$13.0B+0.6%	$13.0B+0.1%	$12.9B-0.8%	$13.0B-0.2%	$13.1B+5.4%	$12.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$1.7B+121.7%	$768.0M+42.5%	$539.0M+10.0%	$490.0M+14.5%	$428.0M-22.7%	$554.0M-1.8%	$564.0M-29.9%	$805.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.1B-2.8%	$6.3B+1.4%	$6.2B+0.7%	$6.2B+0.4%	$6.2B-1.8%	$6.3B+1.2%	$6.2B+14.4%	$5.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	$1.3B	N/A	N/A	N/A	$896.0M	N/A	N/A
Total Equity	$6.8B+4.1%	$6.6B-1.5%	$6.7B+0.3%	$6.6B-0.2%	$6.7B+0.6%	$6.6B-1.5%	$6.7B-1.5%	$6.8B
Retained Earnings	-$314.0M+53.1%	-$670.0M-19.0%	-$563.0M+3.8%	-$585.0M+12.4%	-$668.0M+14.0%	-$777.0M-15.3%	-$674.0M-9.6%	-$615.0M

HST Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.5B+0.8%	$1.5B+4.0%	$1.4B+1.8%	$1.4B+384.9%	$292.0M+195.1%	-$307.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$507.0M+75.1%	-$2.0B-1014.8%	-$183.0M+70.4%	-$618.0M+46.6%	-$1.2B-493.8%	-$195.0M
Financing Cash Flow	-$868.0M-6576.9%	-$13.0M+98.3%	-$771.0M+11.8%	-$874.0M-33.0%	-$657.0M-153.4%	$1.2B
Dividends Paid	$623.0M-15.5%	$737.0M+34.7%	$547.0M+264.7%	$150.0M	$0-100.0%	$320.0M
Share Buybacks	$205.0M+91.6%	$107.0M-41.2%	$182.0M+574.1%	$27.0M	$0-100.0%	$147.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$342.0M-37.0%	$543.0M+149.1%	$218.0M-50.9%	$444.0M+45.6%	$305.0M-7.9%	$331.0M-5.2%	$349.0M-23.0%	$453.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$914.0M+541.5%	-$207.0M-102.9%	-$102.0M+11.3%	-$115.0M-38.6%	-$83.0M+56.1%	-$189.0M+82.4%	-$1.1B-59.4%	-$675.0M
Financing Cash Flow	-$337.0M-132.4%	-$145.0M-3.6%	-$140.0M+45.3%	-$256.0M+21.7%	-$327.0M-130.3%	-$142.0M-129.5%	$482.0M+256.0%	-$309.0M
Dividends Paid	$241.0M+75.9%	$137.0M-0.7%	$138.0M0.0%	$138.0M-34.3%	$210.0M+51.1%	$139.0M-1.4%	$141.0M0.0%	$141.0M
Share Buybacks	$75.0M	$0	$0-100.0%	$105.0M+5.0%	$100.0M	$0-100.0%	$57.0M+14.0%	$50.0M

HST Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	14.0%-1.4pp	15.4%-0.2pp	15.6%-0.2pp	15.8%+24.4pp	-8.6%+50.2pp	-58.8%
Net Margin	12.5%+0.2pp	12.3%-1.7pp	13.9%+1.0pp	12.9%+13.3pp	-0.4%+44.8pp	-45.2%
Return on Equity	11.7%+1.1pp	10.5%-0.6pp	11.2%+1.7pp	9.4%+9.6pp	-0.2%+11.4pp	-11.6%
Return on Assets	5.9%+0.5pp	5.3%-0.7pp	6.0%+0.9pp	5.2%+5.3pp	-0.1%+5.6pp	-5.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.19+0.1	0.14+0.0	0.110.0	0.11+0.0	0.070.0	0.07
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	76.3%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	19.4%+7.4pp	12.0%+4.4pp	7.6%-9.9pp	17.5%-0.4pp	17.9%+6.9pp	11.0%+0.7pp	10.2%-9.7pp	19.9%
Net Margin	30.0%+21.6pp	8.4%-3.7pp	12.1%-1.8pp	13.9%-1.6pp	15.6%+8.0pp	7.6%+1.3pp	6.2%-10.1pp	16.3%
Return on Equity	7.2%+5.2pp	2.1%-0.4pp	2.4%-0.9pp	3.3%-0.4pp	3.7%+2.1pp	1.6%+0.4pp	1.2%-2.3pp	3.5%
Return on Assets	3.8%+2.7pp	1.0%-0.2pp	1.2%-0.5pp	1.7%-0.2pp	1.9%+1.1pp	0.8%+0.2pp	0.6%-1.3pp	1.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.90+0.7	0.19-0.7	0.930.0	0.930.0	0.93+0.8	0.14-0.8	0.92+0.1	0.80
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Similar Companies

Ryman Hospitality Pptys Inc RHP

$7.1B

Apple Hospitality Reit Inc APLE

$3.4B

Park Hotels & Resorts PK

$2.3B

Equity Lifestyle Pptys Inc ELS

$12.2B

BXP, Inc. BXP

$9.6B

Frequently Asked Questions

What is Host Hotels's annual revenue?

Host Hotels (HST) reported $6.1B in total revenue for fiscal year 2025. This represents a 7.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Host Hotels's revenue growing?

Host Hotels (HST) revenue grew by 7.6% year-over-year, from $5.7B to $6.1B in fiscal year 2025.

Is Host Hotels profitable?

Yes, Host Hotels (HST) reported a net income of $765.0M in fiscal year 2025, with a net profit margin of 12.5%.

What is Host Hotels's EBITDA?

Host Hotels (HST) had EBITDA of $1.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Host Hotels have?

As of fiscal year 2025, Host Hotels (HST) had $768.0M in cash and equivalents against $1.3B in long-term debt.

What is Host Hotels's operating margin?

Host Hotels (HST) had an operating margin of 14.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Host Hotels's net profit margin?

Host Hotels (HST) had a net profit margin of 12.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Host Hotels pay dividends?

Yes, Host Hotels (HST) paid $0.95 per share in dividends during fiscal year 2025.

What is Host Hotels's return on equity (ROE)?

Host Hotels (HST) has a return on equity of 11.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Host Hotels's operating cash flow?

Host Hotels (HST) generated $1.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Host Hotels's total assets?

Host Hotels (HST) had $13.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Host Hotels buy back shares?

Yes, Host Hotels (HST) spent $205.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Host Hotels have outstanding?

Host Hotels (HST) had 688M shares outstanding as of fiscal year 2025.

What is Host Hotels's debt-to-equity ratio?

Host Hotels (HST) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Host Hotels's return on assets (ROA)?

Host Hotels (HST) had a return on assets of 5.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Host Hotels's Piotroski F-Score?

Host Hotels (HST) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Host Hotels's earnings high quality?

Host Hotels (HST) has an earnings quality ratio of 1.97x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Host Hotels cover its interest payments?

Host Hotels (HST) has an interest coverage ratio of 3.6x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Host Hotels?

Host Hotels (HST) scores 39 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.