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HHyatt Hotels Corporation
$157.28$14.9B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
H logo

Hyatt Hotels Corporation

H
NYSE · Hotels & Lodging
$157.28
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$14.91B
P/E-291.3x
52W High$206.86
Volume637.16K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

ALG Integration Drives Margin Compression Despite Revenue Growth

Hyatt's acquisition of ALG has transformed its revenue base, lifting quarterly revenue from $912M in 2024Q1 to $1.8B by 2026Q2, but the integration has compressed gross margins from 46.5% to 21.2% and inverted operating leverage, with operating income falling ...

GrowthMixed
ProfitabilityStrained
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

H price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

-1142% Peers

P/E is 1142% below peer median

03

Market leadership

RS 35 · Lag

Laggard (Underperforming 65% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 30
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue surged 97% from $912M in 2024Q1 to $1.8B in 2026Q2, but gross margin compressed from 46.5% to 21.2% and net income swung to a mere $110M, reflecting ALG's lower-margin mix and integration costs.

Analyst Consensus+25.7% target
Hold(49 analysts)
19 Buy25 Hold5 Sell

The Bull Case

Upside Catalysts

Asset-light strategy

Hyatt is transitioning to an asset-light model, targeting 90% of earnings from fee-based operations, which could improve margins and reduce capital intensity.

Luxury travel trend

The durability of the luxury travel trend supports Hyatt's premium positioning, with potential for sustained revenue growth in high-end markets.

Global expansion

Hyatt's expansion into underpenetrated markets in Europe and Asia could drive long-term growth, with a bull case projecting a 10% EPS CAGR.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
H-4.74%
S&P 500 (^GSPC)+12.39%
1-Year Return
H+14.00%
S&P 500 (^GSPC)+15.77%
3-Year Return
H+53.98%
S&P 500 (^GSPC)+76.45%
5-Year Return
H+106.99%
S&P 500 (^GSPC)+68.97%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-291.3x
Forward P/E
44.1x
EV/EBITDA60th %ile
21.4x
FCF YieldCash Flow
1.1%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-291.3x
22.1x
0th· Low
EV/EBITDA
21.4x
16.1x
60th· Fair
Price/FCF
93.8x
34.5x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$137.29-12.7%
Base (Fair)$223.08+43.9%
Bull$333.26+111.9%
$137.29 Bear$223.08 Base$333.26 Bull
Current Market Price: $157.28
Trades at a 29.5% discount to Base DCF ($223.08)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$7.15B+117.0% YoY
Net income
-$52M-104.0% YoY
Free cash flow
$159M-65.9% YoY
Operating margin
7.8%-18.1 pts YoY
ROIC (TTM)5.8%
Avg ROIC 5Y-
ROE (TTM)-1.4%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$1.12+22.7%
vs $0.91
$1.8B+0.7%
vs $1.8B
Q2 2026
Apr 30, 2026
$0.63+11.5%
vs $0.56
$1.7B+0.7%
vs $1.7B
Q1 2026
Feb 12, 2026
$1.33+358.6%
vs $0.29
$1.8B-0.8%
vs $1.8B
Q4 2025
Nov 6, 2025
-$0.30-165.6%
vs $0.46
$883M-51.2%
vs $1.8B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·6d ago
Hyatt Announces Timing of Third Quarter 2026 Earnings Release and Investor Conference Call

CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it will release third quarter 2026 financial results on Thursday, October 29, 2026, before the stock market opens, followed by a conference call at 9:00 a.m. CT. A live webcast will be available on the Company's Investor Relations website at investors.hyatt.com. An archive of the webcast will be available for 90 days. Participants may also join via telephone by dialing: U.S. Toll-Free Nu.

Seeking Alpha·Sep 16, 2026
Baron Real Estate Fund Q2 2026 Portfolio Activity

Baron Real Estate Fund delivered strong results in the second quarter. The Fund increased 11.89% (Institutional Shares). Shares of Hyatt Hotels Corporation appreciated materially following strong first quarter results and an Investor Day in May that outlined strong long-term growth targets. Shares of AAON, Inc. rose during the quarter following an exceptionally strong earnings report which saw the company see drastically faster growth in its data center business, BasX, than expected.

Defense World·Sep 15, 2026
Hydro One (TSE:H) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Hydro One Limited (TSE: H - Get Free Report) passed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of C$56.17 and traded as low as C$50.14. Hydro One shares last traded at C$51.13, with a volume of 3,978,916 shares. Analysts Set New Price

Defense World·Sep 12, 2026
California State Teachers Retirement System Boosts Stake in Hyatt Hotels Corporation $H

California State Teachers Retirement System lifted its holdings in Hyatt Hotels Corporation (NYSE: H) by 17,286.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,654,374 shares of the company's stock after buying an additional 8,604,598 shares during the

Filtered for Hyatt Hotels CorporationMore Headlines
04

Compare before deciding

Benchmark H against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Hyatt Hotels Corporation (H)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
H logoHHyatt Hotels CorporationCurrent
$157.28$14.91B-291.26116.96%-0.73%-1.39%0.38%
MAR logoMARMarriott International, Inc.
$351.66$91.7B37.064.33%9.62%——
HLT logoHLTHilton Worldwide Holdings Inc.
$307.22$69.14B50.207.74%12.69%——
IHG logoIHGInterContinental Hotels Group PLC
$156.13$23.07B32.065.4%14.02%——
WH logoWHWyndham Hotels & Resorts, Inc.
$69.31$5.14B28.061.49%14.67%42.06%—
CHH logoCHHChoice Hotels International, Inc.
$101.64$4.62B12.870.75%20.27%214.91%—

Compare H vs Peers

Hyatt Hotels Corporation (H) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MAR

Most directly comparable listed peer for H.

Scale Benchmark

vs BKNG

Larger-name benchmark to compare H against a more recognizable public peer.

Peer Set

Compare Top 5

vs MAR, HLT, IHG, WH

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

H SEC Filings & Documents

Hyatt Hotels Corporation (H) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

May 28, 2026·SEC

Material company update

May 22, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 13, 2026·SEC

10-Q Quarterly Reports

4
FY 2026

Jul 30, 2026·SEC

FY 2026

Apr 30, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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H Frequently Asked Questions

Hyatt Hotels Corporation (H) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Hyatt Hotels Corporation's revenue?

Hyatt Hotels Corporation (H) reported $6.26B in revenue for fiscal year 2025. This represents a 67% increase from $3.74B in 2007.

How fast is Hyatt Hotels Corporation growing?

Hyatt Hotels Corporation (H) grew revenue by 117.0% over the past year. This is strong growth.

Is H profitable?

Yes, Hyatt Hotels Corporation (H) is profitable, generating $79.0M in net income for fiscal year 2025 (-0.7% net margin).

Dividend & Returns
Does H pay dividends?

Yes, Hyatt Hotels Corporation (H) pays a dividend with a yield of 0.38%. This makes it attractive for income-focused investors.

What is H's return on equity?

Hyatt Hotels Corporation (H) has a return on equity (ROE) of -1.4%. Negative ROE indicates the company is unprofitable.

What is Hyatt Hotels Corporation's free cash flow?

Hyatt Hotels Corporation (H) generated $342.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in H back in 2007?

Total return calculator · dividends reinvested · 19+ years of data

See returns →