Hilton Worldwide Holdings Inc. — Earnings Quality Grade F
HLT · Consumer Cyclical
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 51 days, change -0 days YoY
AR growth 6.8% vs revenue growth 7.7%
Revenue 7.7%, CFFO 5.8%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -6.6% vs revenue 7.7%. Normal
SG&A/Gross Profit = 11.6%, excellent (<30%)
Gross margin 28.2%, change +0.8pp. Stable
Cash Flow Quality
CFFO/NI = 1.46. Profits backed by cash
FCF $1.9B, FCF/NI = 1.33
Accruals ratio = -4.0%. Low accruals
Cash $0.9B covers only 7% of debt $13.1B
Balance Sheet Health
Goodwill+Intangibles $11.8B = -219% of equity. Manageable
Debt/EBITDA = 4.6x (>4x). Financial stress
Other assets -3.2% vs revenue 7.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 3% YoY. Normal
Manipulation Score
M-Score = -2.62 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10