F

Host Hotels & Resorts, Inc. — Earnings Quality Grade F

HST · Real Estate

Major red flags

Revenue
$6.1B
2025
Net Income
$765M
2025
Gross Margin
52.6%
Free Cash Flow
$866M
01

Screening Summary

13
Passed
0
Watch
1
Failed
M-Score
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

Insufficient data

A2AR vs Revenue Growth

Insufficient data

A3Revenue vs CFFO

Revenue 7.6%, CFFO 0.8%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

No material inventory

B2CapEx vs Revenue

CapEx growth 17.5% vs revenue 7.6%. Normal

B3SG&A Ratio

SG&A/Gross Profit = 3.9%, excellent (<30%)

B4Gross Margin

Gross margin 52.6%, change -0.8pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 1.97. Profits backed by cash

C2Free Cash Flow

FCF $0.9B, FCF/NI = 1.13

C3Accruals Ratio

Accruals ratio = -5.7%. Low accruals

C4Cash vs Debt

Cash $0.8B covers only 14% of debt $5.6B

04

Balance Sheet Health

D1Goodwill + Intangibles

No goodwill. Clean balance sheet

D2Leverage

Debt/EBITDA = 3.1x. Healthy

D3Soft Asset Growth

Other assets -6.7% vs revenue 7.6%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

No goodwill

06

Manipulation Score

F1Beneish M-Score

Insufficient data

Altman Z-Score — Not Applicable

Host Hotels & Resorts, Inc. is a financial company. Z-Score is designed for non-financial companies.

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-09

Host Hotels & Resorts, Inc. (HST) 财报排雷评级 F — EarningsGrade