Hilton Worldwide Holdings (HLT) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter decreased compared to the immediately preceding quarter but rose compared to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter decreased compared to the immediately preceding quarter but rose compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
-1.4%
Change from the immediately preceding quarter.
Year-over-year
+12.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $2.7B | +18.8% |
| Sep 30, 2023 | $2.7B | +12.9% |
| Dec 31, 2023 | $2.6B | +6.8% |
| Mar 31, 2024 | $2.6B | +12.2% |
Revenue performance
The reported revenue moved lower sequentially, reflecting a decline from the prior quarter's level.
Quarterly comparison
Relative to the preceding quarter, revenue was slightly lower, while the year-over-year comparison showed an increase from the same period last year.
What to watch
The sequential revenue decline from the prior quarter warrants attention to the trend direction.