— Know what they know.
/
Not Investment Advice

HST

NASDAQ · USD
Host Hotels & Resorts, Inc.
Real Estate · REIT - Hotel & Motel
CEO James F. Risoleo Employees 162 R&D / revenue 0.0%
Last price
$23.97+0.50%last session
Market cap
$16.4B
P/E (TTM)
16.3x
From 52w high
−6.8%
From 52w low
+53.6%
1-year return
+48.1%
RSI 14 · vs SMA200
70.3 · +11.3%
IS score
63.2/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

HST   SPY   XLRE (sector ETF) · weekly closes
100120140160Jan 26Apr 26Jul 26Oct 26HST 148SPY 116XLRE 101

Score DNA

Each bar is a 0-100 score within the scored universe
45
Profitability
61
Growth
67
Value
88
Momentum
50
Risk (safety)
75
Quality
73
Balance sheet
89
Earnings quality

Flags

Strengths
✓ Piotroski 8+✓ FCF yield 5%+
Warnings
▲ Beneish M above -1.78
Observations
Moat model: Narrow, Cost AdvantagePiotroski 8 / 9Altman Z 2.3Beta 1.102 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
6 open-market sales, $4.5M
Form 144 notices (12m): 9, $5.8M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+55
110 new holders, 48 closed
745 filers hold 103.7% · 330 added, 213 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+133
694 funds adding shares
561 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
64.3%
20-day avg 66.1%, 50-day avg 59.9%
Latest 1.8 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$6.1B
Revenue growth YoY+7.6%
Gross margin2.6%
Operating income$831.0M
Operating margin13.6%
Net income$765.0M
Net margin12.5%
EPS (diluted)$1.10
Cash flow
Operating cash flow$1.5B
Capital expenditure$644.0M
Free cash flow$858.0M
FCF conversion (FCF / OCF)57.1%
Stock-based compensation$26.0M
FCF less SBC$832.0M
Buybacks$205.0M
Dividends$623.0M
Balance sheet & returns
Cash & short-term investments$768.0M
Total debt$5.1B
Net debt$4.3B
Shareholders' equity$6.7B
Goodwill & intangibles$0
Debt / equity0.88
ROE (TTM)15.5%
ROIC (TTM)6.8%
Operating margin by fiscal year
-8.7%FY202115.8%FY202215.6%FY202315.4%FY202414.0%FY2025
Revenue $2.9B (FY2021) to $6.1B (FY2025), a 20.6% CAGR.

Valuation

P/E (TTM)16.3x
EV / EBITDA9.5x
Price / sales2.64x
Price / FCF16.2x
FCF yield6.17%
Buyback yield1.25%
SBC / revenue0.4%
Price / book2.60x
Forward P/E FY202617.4x
Forward P/E FY202722.6x
Forward P/E FY202822.9x
Forward multiples divide today's price by Street EPS estimates. Street mean target $25.50 across 4 analysts last quarter is theirs, not ours.

HST vs industry median

29 companies in REIT - Hotel & Motel
Gross margin 15.8% 33.9% Operating margin 14.4% 14.4% Net margin 16.5% 4.3% ROIC 6.8% 3.3%
HST (TTM)Industry median Asset turnover 0.47 vs industry 0.30 · financial leverage 2.07

Earnings delivery

Next report 2026-11-04 · consensus EPS $0.10
83%
beat rate, 10 of 12 quarters
+12.4%
median EPS surprise
7
longest beat streak
+17+0+11+2+0+193+14+14+6+165+87+3
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-01 to 2026-08-05. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
HST Host Hotels & Resorts, Inc. $16.4B16.3x15.5%16.5%+7.6% +48.1%
RHP Ryman Hospitality Properties $8.6B29.2x35.1%12.4%+12.2% +42.8%
APLE Apple Hospitality REIT, Inc. $4.0B23.0x5.5%16.7%+1.2% +50.3%
PK Park Hotels & Resorts Inc. $3.2Bn/m-5.0%6.9%−1.4% +46.2%
DRH DiamondRock Hospitality Comp $2.7B18.4x9.9%28.4%+1.0% +75.4%
SHO Sunstone Hotel Investors, In $2.2B48.0x2.8%9.4%+7.3% —
PEB Pebblebrook Hotel Trust $2.2Bn/m-1.8%5.8%+2.1% —
RLJ RLJ Lodging Trust $1.8B284.8x1.3%8.1%+1.1% —
12-month window: SPY +15.9%, sector ETF XLRE +0.9%. Past returns describe history only.

Recent 8-K filings

2026-08-05Earnings Release; Exhibits
2026-05-28Material Agreement; Exhibits
2026-05-22Shareholder Vote
2026-05-06Earnings Release; Exhibits
2026-02-18Results of Operations and Financial Condition; Financial Statements and Exhibits
2025-11-05Results of Operations and Financial Condition; Financial Statements and Exhibits

Context

Shares outstanding685,124,000
Free float98.4%
Institutional ownership103.7%
Beta1.10
Dividend yield6.97%
Last dividend$0.20 on 2026-09-30
50 / 200-day average$22.51 / $21.57
Large-cap Real Estate median P/E26.2x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where HST sits among 12 scored companies in REIT - Hotel & Motel (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureHSTIndustry medianIndustry percentileSector median
P/E (TTM) 16.0x 31.6x
0th		 24.1x
PEG (P/E ÷ 3-yr EPS CAGR) 1.37 — 1.55
Price / sales 2.6x 1.9x
82nd		 3.7x
Price / book 2.6x 1.1x
91st		 1.3x
Price / tangible book 2.6x 1.2x
91st		 1.6x
Price / free cash flow 16.2x 14.0x
70th		 15.1x
Price / operating cash flow 10.3x 9.1x
64th		 12.3x
Enterprise value $20.1B $4.0B
100th		 $7.5B
EV / sales 3.2x 3.0x
64th		 9.4x
EV / EBITDA 9.5x 12.2x
9th		 15.7x
EV / EBIT 15.1x 26.2x
0th		 27.2x
EV / free cash flow 19.9x 19.9x
50th		 29.4x
Earnings yield 6.3% 1.7%
100th		 3.2%
FCF yield 6.2% 6.9%
36th		 5.6%
Operating cash flow yield 9.8% 11.1%
36th		 7.9%
Graham number (per share) $17.51 $11.15
83rd		 $22.48

Profitability (TTM)

MeasureHSTIndustry medianIndustry percentileSector median
Gross margin 15.8% 15.9%
45th		 51.4%
EBITDA margin 34.0% 26.3%
91st		 54.9%
Operating margin 14.4% 10.1%
73rd		 29.0%
EBIT margin 21.4% 11.3%
100th		 31.7%
Net margin 16.5% 3.0%
100th		 12.2%
NOPAT margin 13.8% 9.7%
73rd		 25.5%
FCF margin 16.3% 14.8%
73rd		 21.8%
Operating cash flow margin 25.8% 20.6%
91st		 33.4%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 0.4% 3.3%
9th		 6.6%
Stock comp / revenue 0.4% 0.8%
36th		 1.2%
Effective tax rate 4.7% 4.8%
45th		 1.9%

Returns on capital

MeasureHSTIndustry medianIndustry percentileSector median
ROE (on average equity) 15.8% 1.4%
91st		 5.3%
ROA 7.8% 0.8%
100th		 1.6%
ROIC 8.5% 3.5%
91st		 3.7%
ROCE 10.6% 3.2%
100th		 4.4%
Return on tangible assets 10.1% 3.2%
100th		 3.8%
Cash ROIC (OCF / invested capital) 15.9% 7.2%
100th		 5.7%
Gross profitability (GP / assets) 7.4% 5.9%
82nd		 5.3%
ROIC, 3-yr average 7.0% 2.3%
91st		 2.4%
ROIC, 5-yr average 6.7% 1.5%
91st		 2.6%
ROE, 5-yr average 11.3% 1.2%
91st		 4.4%
Incremental ROIC -91.9% -21.7%
10th		 6.5%

Growth

MeasureHSTIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 4.9% 1.2%
82nd		 8.4%
Revenue growth (QoQ) -0.3% 12.7%
0th		 2.2%
Revenue CAGR, 3 yr 6.0% 1.6%
91st		 5.8%
Revenue CAGR, 5 yr 32.7% 27.0%
82nd		 9.5%
Gross profit CAGR, 3 yr -29.9% -11.6%
14th		 -0.8%
Operating income CAGR, 3 yr 2.9% -4.8%
73rd		 3.0%
Net income growth (TTM YoY) 55.8% 27.5%
67th		 21.3%
Net income CAGR, 3 yr 10.7% 3.2%
83rd		 8.5%
EPS growth (TTM YoY) 55.8% 26.4%
67th		 17.6%
EPS CAGR, 3 yr 11.7% 1.4%
83rd		 5.7%
EPS CAGR, 5 yr —
FCF growth (TTM YoY) 25.5% 1.8%
70th		 3.0%
FCF CAGR, 3 yr 2.5% 2.5%
50th		 5.6%
Operating cash flow CAGR, 3 yr 1.6% -1.0%
82nd		 3.7%
Book value CAGR, 3 yr -2.0% -1.9%
36th		 -2.0%
Dividend CAGR, 3 yr 2.2% 0.7%
55th		 -1.2%
Sustainable growth rate 5.8% -2.0%
100th		 -1.4%

Margin history & stability

MeasureHSTIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 40.8% 29.5%
91st		 59.1%
Operating margin, 3-yr average 15.2% 10.3%
82nd		 28.6%
Net margin, 3-yr average 13.8% 3.1%
100th		 12.3%
FCF margin, 3-yr average 15.4% 15.5%
45th		 27.4%
Revenue stability (0-1) 0.83 0.72
91st		 0.82
Earnings stability (0-1) 0.61 0.52
82nd		 0.36
Margin stability (0-1) 0.61 0.26
73rd		 0.83

Liquidity (latest quarter)

MeasureHSTIndustry medianIndustry percentileSector median
Cash & short-term investments $2.0B $109.2M
100th		 $141.2M
Net cash (− = net debt) −$3.7B −$1.6B
27th		 −$3.3B
Working capital $1.3B −$34.9M
100th		 $19.5M
Current ratio 2.77 0.82
82nd		 1.02
Quick ratio 2.77 0.82
82nd		 1.02
Cash ratio (cash + ST investments / current liabilities) 2.62 0.71
82nd		 0.36
Defensive interval (days) 9,183 days 173 days
100th		 554 days

Leverage & solvency (latest quarter)

MeasureHSTIndustry medianIndustry percentileSector median
Total debt $5.6B $1.9B
100th		 $3.5B
Debt / equity 0.88 1.12
36th		 1.33
Net debt / equity 0.58 0.89
18th		 1.26
Debt / assets 42.6% 48.4%
36th		 51.3%
Debt / capital 46.9% 52.8%
36th		 57.1%
Debt / EBITDA 2.67 4.68
9th		 6.47
Net debt / EBITDA 1.74 4.39
9th		 6.15
Interest coverage (EBIT / interest) 5.6x 1.8x
100th		 1.5x
Cash interest coverage 6.8x 3.4x
91st		 2.1x
Debt payback (years of OCF) 3.5 yrs 6.7 yrs
9th		 8.9 yrs
Liabilities / assets 51.8% 53.5%
36th		 60.0%
IS credit model rating A — —
Implied credit spread (bps) 150 600
9th		 650

Efficiency

MeasureHSTIndustry medianIndustry percentileSector median
Asset turnover 0.47 0.30
100th		 0.12
Fixed asset turnover 0.61 5.93
44th		 0.90
Inventory turnover —
Receivables turnover 64.4 32.4
82nd		 7.6
Days sales outstanding 6 days 11 days
18th		 37 days
Days inventory outstanding —
Days payables outstanding 35 days 37 days
45th		 53 days
Cash conversion cycle (days) −29 days −30 days
55th		 −6 days
Capex / revenue 9.5% 6.5%
82nd		 4.4%
Capex / depreciation 0.75 0.52
91st		 0.32
Operating expense ratio —

Cash flow & earnings quality

MeasureHSTIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.56 2.54
0th		 1.83
FCF / net income 0.99 1.92
0th		 1.43
FCF / operating cash flow 63.2% 65.6%
27th		 82.5%
Capex / operating cash flow 36.8% 34.4%
73rd		 17.9%
Accruals ratio -4.4% -5.6%
82nd		 -3.1%
Sloan accruals ratio 7.5% -3.7%
100th		 -3.3%
Earnings quality score (0-1) 1.00 1.00
33rd		 1.00

Dividends & buybacks

MeasureHSTIndustry medianIndustry percentileSector median
Dividend yield 7.0% 3.6%
100th		 5.2%
Dividend per share (TTM) $1.67 $0.51
91st		 $1.21
Payout ratio (dividends / net income) 63.5% 159.3%
17th		 110.2%
Dividends / FCF 64.4% 59.5%
56th		 79.1%
Dividend growth (YoY) 3.8% -1.4%
64th		 2.3%
Buyback yield 0.5% 0.4%
55th		 0.1%
Shareholder yield (dividends + buybacks) 4.4% 5.9%
27th		 5.9%
Share count change (YoY) 0.0% -0.3%
55th		 0.5%
Buybacks, last 5 years $927.0M $257.5M
100th		 $15.9M

Scores & forensic checks

MeasureHSTIndustry medianIndustry percentileSector median
IS score 63 37
100th		 43
IS profitability 45 26
73rd		 44
IS growth 61 36
91st		 58
IS value 67 49
91st		 53
IS momentum 88 62
91st		 77
IS risk (safety) 50 15
100th		 15
IS quality 75 53
82nd		 59
IS balance sheet 73 41
100th		 35
IS earnings quality 89 79
91st		 72
IS cash flow 67 50
73rd		 61
Piotroski F-score (0-9) 8 6
100th		 6
Altman Z-score 2.3 0.9
100th		 0.8
Beneish M-score 1.03 −2.36
100th		 −2.71
Ohlson O-score −8.52 −6.91
9th		 −6.91
IS credit score 74 35
91st		 34

Per share

MeasureHSTIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $1.48 $0.21
91st		 $0.78
Book value per share $9.21 $11.48
27th		 $15.91
Tangible book per share $9.23 $12.95
18th		 $16.11
Revenue per share $8.96 $9.10
45th		 $6.28
FCF per share $1.46 $1.26
73rd		 $1.49
Operating cash flow per share $2.31 $1.71
91st		 $1.95
Cash per share $2.81 $0.86
82nd		 $0.95

Size (TTM)

MeasureHSTIndustry medianIndustry percentileSector median
Market cap $16.4B $2.2B
100th		 $2.5B
Revenue $6.2B $1.4B
100th		 $956.7M
EBITDA $2.1B $321.7M
100th		 $399.5M
Net income $1.0B $19.7M
100th		 $109.6M
Free cash flow $1.0B $195.7M
100th		 $157.8M
Total assets $13.3B $5.1B
100th		 $6.6B
Shareholders' equity $6.4B $1.7B
100th		 $1.8B
Employees 162 64
90th		 307

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-15Stein A William
Director
 Award / grant 921——21,486
2026-10-15Smith Gordon H
Director
 Award / grant 1,499——49,869
2026-10-15Preusse Mary Hogan
Director
 Award / grant 931——21,958
2026-10-15Laing Diana
Director
 Award / grant 428——6,774
2026-10-15Baglivo Mary
Director
 Award / grant 837——20,619
2026-08-21Lentz Michael E
EVP, Development, D&C
 Open-market sale 56,757$23.26$1.3M274,779
2026-08-21Tyrrell Nathan S
EVP, Ch. Investment Officer
 Gift 4,300——613,907
2026-08-19Tyrrell Nathan S
EVP, Ch. Investment Officer
 Open-market sale 30,000$23.00$690,000652,089
2026-08-19Tyrrell Nathan S
EVP, Ch. Investment Officer
 Open-market sale 33,882$23.25$787,756618,207
2026-07-15Stein A William
Director
 Award / grant 4,086——20,566
2026-07-15Smith Gordon H
Director
 Award / grant 6,652——48,371
2026-07-15Preusse Mary Hogan
Director
 Award / grant 4,133——21,027

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
AprMayJulAugOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired1784,742—
GiftDisposed14,300—
Open-market saleDisposed6198,195$4.5M
Tax withholdingDisposed146$991
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 9 notices · 266,908 shares · $5.8M
FiledFilerShares proposedEst. proceeds
2026-08-21Lentz Michael E56,757$1.3M
2026-08-19Nathan Tyrrell63,882$1.5M
2026-05-26Nathan Tyrrell15,569$358,087
2026-05-26Walter C. Rakowich3,408$76,271
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 4 trades (3 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-01-29Ro KhannaHouseSale$1,001 - $15,0002026-02-10
2026-01-09Gilbert CisnerosHousePurchase$1,001 - $15,0002026-02-16
2026-01-09Gilbert CisnerosHousePurchase$1,001 - $15,0002026-02-13
2026-01-08Gilbert Ray CisnerosHousePurchase$1,001 - $15,0002026-02-13
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.88,409,556$2.1B12.90%
VANGUARD PORTFOLIO MANAGEMENT LLC60,627,714$1.4B8.85%
COHEN & STEERS, INC.44,820,149$1.1B6.54%
VANGUARD CAPITAL MANAGEMENT LLC43,246,790$1.0B6.31%
STATE STREET CORP41,955,050$1.0B6.12%
GEODE CAPITAL MANAGEMENT, LLC21,609,478$511.6M3.15%
JPMORGAN CHASE & CO16,516,035$412.4M2.41%
Invesco Ltd.13,327,959$316.0M1.95%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP12,834,310$304.3M1.87%
BANK OF AMERICA CORP /DE/12,476,036$295.8M1.82%
DEUTSCHE BANK AG\12,062,208$286.0M1.76%
Allianz Asset Management GmbH11,596,738$275.0M1.69%
GOLDMAN SACHS GROUP INC10,984,957$260.5M1.60%
LSV ASSET MANAGEMENT10,734,951$254.5M1.57%
DIMENSIONAL FUND ADVISORS LP10,700,489$253.7M1.56%

Institutional ownership by quarter

2023-092026-06103.7%
% of shares held by 13F filers
2023-092026-06745
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-30745103.7%11033021348
2026-03-3169099.4%11629317359
2025-12-31648103.8%10626219264
2025-09-30618100.7%8222720969
2025-06-30612105.2%11321522198
2025-03-31605107.4%7523321176
2024-12-31614106.3%10521922265
2024-09-30587105.9%7520322978
2024-06-30594103.8%5723621556
2024-03-31604106.5%7825218648
2023-12-31584102.4%9620520450
2023-09-30545103.2%5419521460

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-08-14SCHEDULE 13G/ACohen & Steers Ireland Limited0.0%206,888
2026-04-30SCHEDULE 13GVanguard Capital Management7.2%49,305,047
2026-04-29SCHEDULE 13GVanguard Portfolio Management8.7%59,986,000
2026-03-27SCHEDULE 13G/AThe Vanguard Group0.0%0
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VGSNX0.87%$580.7M
VNQ0.87%$580.7M
VGSLX0.87%$580.7M
VITSX0.02%$487.6M
VSMPX0.02%$487.6M
VTI0.02%$487.6M

Share structure

Shares outstanding685,124,000
Float674,098,299
Free float98.4%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$2.9B$4.9B$5.3B$5.7B$6.1B
Cost of revenue$1.4B$2.2B$2.5B$2.7B$6.0B
Gross profit$1.5B$2.7B$2.9B$3.0B$160.0M
R&D$0$0$0$0$0
SG&A$99.0M$107.0M$115.0M$117.0M$0
Operating income−$250.0M$775.0M$827.0M$875.0M$831.0M
EBITDA$851.0M$1.5B$1.7B$1.7B$1.8B
Pretax income−$102.0M$669.0M$788.0M$721.0M$818.0M
Income tax−$91.0M$26.0M$36.0M$14.0M$42.0M
Net income−$11.0M$633.0M$740.0M$697.0M$765.0M
EPS, diluted$-0.02$0.88$1.04$0.99$1.10
Diluted shares710.3M717.5M712.8M705.9M693.9M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$807.0M$667.0M$1.1B$554.0M$768.0M
Receivables$113.0M$507.0M$200.0M$115.0M$153.0M
Inventory$0$0$0$0$0
Total current assets$1.3B$1.4B$1.6B$911.0M$921.0M
PP&E, net$10.5B$10.3B$10.2B$11.5B$560.0M
Goodwill & intangibles$0$0$0$0$0
Total assets$12.4B$12.3B$12.2B$13.0B$13.0B
Accounts payable$85.0M$372.0M$408.0M$351.0M$0
Total current liabilities$803.0M$1.4B$1.5B$1.4B$42.0M
Long-term debt$4.2B$3.2B$3.2B$4.1B$5.1B
Total liabilities$5.8B$5.4B$5.4B$6.3B$6.3B
Shareholders' equity$6.6B$6.9B$6.8B$6.8B$6.7B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income−$11.0M$643.0M$752.0M$697.0M$765.0M
Depreciation & amortization$762.0M$664.0M$697.0M$762.0M$795.0M
Stock-based compensation$18.0M$26.0M$30.0M$24.0M$26.0M
Change in working capital−$101.0M$49.0M−$114.0M$106.0M−$4.0M
Operating cash flow$292.0M$1.4B$1.4B$1.5B$1.5B
Capital expenditure−$427.0M−$504.0M−$646.0M−$548.0M−$644.0M
Free cash flow−$135.0M$912.0M$795.0M$950.0M$858.0M
Investing cash flow−$1.2B−$618.0M−$183.0M−$2.0B−$507.0M
Net debt issued / repaid−$757.0M−$685.0M−$7.0M$877.0M−$10.0M
Buybacks$0−$27.0M−$182.0M−$107.0M−$205.0M
Dividends paid$0−$150.0M−$547.0M−$737.0M−$623.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin51.7%55.2%53.7%53.4%39.7%
Operating margin-8.7%15.8%15.6%15.4%14.0%
Net margin-0.4%12.9%13.9%12.3%12.5%
FCF margin-4.7%18.6%15.0%16.6%14.1%
ROE-0.2%9.6%11.1%10.5%11.6%
ROIC-1.8%6.9%7.7%7.3%7.1%
ROA-0.1%5.1%6.0%5.5%5.9%
Debt / equity0.850.710.720.850.86
Interest coverage0.3x5.3x5.2x4.4x4.5x
Current ratio1.660.961.070.6521.93
Revenue growth+78.4%+69.8%+8.2%+7.0%+7.6%
EPS growth+98.5%+5,841.7%+18.6%−4.9%+10.9%
P/E at year endn/m15.9x17.1x17.0x16.1x
EV / EBITDA at year end18.3x9.5x9.7x10.0x9.3x
FCF yield at year end-1.29%9.09%6.30%7.99%7.01%
Dividend payout—23.7%73.9%105.7%81.4%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Occupancy$1.9B$3.0B$3.2B$3.4B$3.6B
Food And Beverage———$1.7B$1.8B
Food and Beverage$674.0M$1.4B$1.6B——
Hotel Other———$542.0M$604.0M
Hotel, Other$358.0M$475.0M$485.0M——

Revenue by region · FY2025

UNITED STATES$6.0B · 53%
New York City$516.0M · 5%
Orlando$504.0M · 4%
San Diego$494.0M · 4%
Florida Gulf Coast$451.0M · 4%
San Francisco San Jose$397.0M · 4%
Phoenix$371.0M · 3%
Other U S Locations$357.0M · 3%
DISTRICT OF COLUMBIA$318.0M · 3%
Miami$274.0M · 2%
Boston$155.0M · 1%
Chicago$147.0M · 1%
Jacksonville$145.0M · 1%
Houston$144.0M · 1%
Los Angeles Orange County$139.0M · 1%
San Antonio$120.0M · 1%
Seattle$108.0M · 1%
Non-US$104.0M · 1%
New Orleans$103.0M · 1%
Northern Virginia$99.0M · 1%
Denver$97.0M · 1%
Philadelphia$88.0M · 1%
Atlanta$71.0M · 1%
Austin$70.0M · 1%

Street estimates by fiscal year

Next report 2026-11-04 · consensus EPS $0.10 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$6.1B$6.1B – $6.2B$1.38$1.36 – $1.39717.4x
2027$6.2B$6.1B – $6.3B$1.06$1.02 – $1.10722.6x
2028$6.3B$6.2B – $6.6B$1.04$0.97 – $1.15322.9x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-05$0.34$0.35+2.9%$1.6B$1.6B+1.5%
2026-05-06$0.36$0.67+87.4%$1.6B$1.6B+3.2%
2026-02-18$0.19$0.51+165.3%$1.5B$1.6B+7.2%
2025-11-05$0.33$0.35+6.1%$1.5B$1.3B−10.5%
2025-07-30$0.51$0.58+13.7%$1.3B$1.6B+20.4%
2025-04-30$0.56$0.64+14.3%$1.5B$1.6B+3.1%
2025-02-19$0.15$0.44+193.3%$1.5B$1.4B−5.9%
2024-11-06$0.36$0.360.0%$1.4B$1.3B−4.4%
2024-07-31$0.56$0.57+1.8%$1.5B$1.5B−0.1%
2024-05-01$0.54$0.60+11.1%$1.4B$1.5B+3.1%
2024-02-21$0.44$0.440.0%$1.3B$1.3B+2.4%
2023-11-01$0.35$0.41+17.1%$1.2B$1.2B+0.6%
2023-08-02$0.56$0.53−5.4%$1.9B$1.4B−25.8%
2023-05-03$0.24$0.40+66.7%$1.3B$1.4B+5.2%
2023-02-15$0.43$0.44+2.3%$1.3B$1.3B+0.8%
2022-11-02$0.39$0.38−2.6%$1.2B$1.2B+1.3%
2022-08-03$0.49$0.58+18.4%$1.3B$1.4B+9.6%
2022-05-04$0.26$0.39+50.0%$951.1M$1.1B+12.9%
2022-02-16$0.16$0.29+81.2%$908.4M$998.0M+9.9%
2021-11-03$0.14$0.20+42.9%$795.8M$844.0M+6.1%
2021-08-03$0.07$0.12+60.2%$649.0M$649.0M0.0%
2021-05-04$-0.15$0.01+106.7%$306.0M$399.0M+30.4%
2021-02-18$-0.21$-0.02+90.5%$429.1M$267.0M−37.8%
2020-11-04$-0.21$-0.11+47.6%$97.2M$198.0M+103.8%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.206-150.206-220.206-290.207-060.207-130.207-200.207-270.408-030.308-100.208-170.208-240.208-31
Week ofNotionalSharesTrades
2026-08-31$153.0M6,965,49684,387
2026-08-24$174.3M7,676,87187,568
2026-08-17$239.4M10,376,05997,522
2026-08-10$254.6M11,228,892107,674
2026-08-03$352.3M14,546,647113,316
2026-07-27$248.2M9,880,022108,975

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1564.3%
DateShort shareShort volumeTotal volume
2026-10-1564.3%2,502,6793,894,246
2026-10-1474.1%2,350,2173,170,628
2026-10-1370.1%1,391,3811,984,403
2026-10-1272.5%1,118,3231,542,831
2026-10-0967.9%1,044,2871,537,115
2026-10-0873.6%1,717,7472,334,934
2026-10-0763.2%1,011,6481,599,866
2026-10-0640.2%870,5672,163,666
2026-10-0565.5%2,489,8513,802,638
2026-10-0266.3%1,414,0362,133,723
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
-1.5Jan-0.8Feb+1.4Mar+6.8Apr-0.4May-2.9Jun-0.4Jul-0.5Aug+0.8Sep+1.1Oct+2.6Nov+3.4Dec
MonthAvg returnUp yearsYears
Jan−1.5%40%20
Feb−0.8%45%20
Mar+1.4%62%21
Apr+6.8%60%20
May−0.4%40%20
Jun−2.9%50%20
Jul−0.4%35%20
Aug−0.5%55%20
Sep+0.8%60%20
Oct+1.1%40%20
Nov+2.6%70%20
Dec+3.4%70%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1470.3
MFI81.4
ADX20.3
Stochastic %K / %D79.8 / 85.0
Williams %R-31.3
CCI289
TSI / signal19.8 / 3.0
Chaikin money flow0.06
ATR$0.52
Bollinger width9.5%
Volume vs 20-day avg1.56x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$22.58 (+6.2%)
SMA 50$22.49 (+6.6%)
SMA 200$21.53 (+11.3%)
EMA 21$22.75 (+5.4%)
EMA 50$22.71 (+5.5%)
EMA 200$21.52 (+11.4%)
Bollinger upper$23.65 (+1.4%)
Bollinger lower$21.51 (+11.4%)
Parabolic SAR$22.55 (+6.3%)
Open the live chart, 110+ indicators

About Host Hotels & Resorts, Inc.

Host Hotels & Resorts, Inc., a distinguished member of the S&P 500 index, stands as the world's foremost lodging real estate investment trust (REIT) and a leading proprietor of luxury and upper-upscale hotel properties. The company boasts an extensive portfolio comprising roughly 46,100 rooms distributed among 74 locations across the United States and five international sites. Beyond these owned assets, it also holds non-controlling stakes in seven joint ventures—six domestically and one internationally. The firm's operational approach is characterized by a stringent capital allocation methodology and robust asset management tactics. It collaborates with a broad array of esteemed hospitality brands, including Marriott, Ritz-Carlton, Westin, Sheraton, W, St. Regis, The Luxury Collection, Hyatt, Fairmont, Hilton, Swissôtel, ibis, and Novotel, in addition to various independent hotel labels.

https://www.hosthotels.com

Key executives

NameTitlePayBorn
James F. RisoleoPresident, Chief Executive Officer & Director$5.3M1956
Sourav GhoshExecutive Vice President & Chief Financial Officer$2.6M1977
Nathan S. TyrrellExecutive Vice President & Chief Investment Officer$2.4M1973
Julie AslaksenExecutive Vice President, General Counsel & Secretary$1.9M1975
Michael E. LentzExecutive Vice President of Development, Design & Construction$1.9M1964
Jaime N. MarcusSenior Vice President of Investor Relations——
Michael RockSenior Vice President of Asset Management——
Padmanabh YardiSenior Vice President of Information Technology——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
James F. Risoleo President and Chief Executive Officer2022$1.1M$10.3M$2.7M$14.5M
Nathan S. Tyrrell Executive Vice President, Chief Investment Officer2022$600,000$2.9M$830,900$4.5M
Sourav Ghosh Executive Vice President, Chief Financial Officer2022$600,000$2.4M$830,900$4.0M
Julie P. Aslaksen Executive Vice President, General Counsel and Secretary2022$500,000$1.5M$692,400$2.7M
Michael E. Lentz Executive Vice President, Development, Design & Construction2022$500,000$1.3M$742,400$2.7M
Richard E. Marriott Chairman of the Board2022$396,777$0$382,400$849,511

Employees

0k20180k20190k20200k20210k20220k20230k20240k2025

Dividends

Ex-dateAmountPaid
2026-09-30$0.22026-10-15
2026-06-30$0.922026-07-15
2026-03-31$0.22026-04-15
2025-12-31$0.352026-01-15
2025-09-30$0.22025-10-15
2025-06-30$0.22025-07-15
2025-03-31$0.22025-04-15
2024-12-31$0.32025-01-15

Moat model

Narrow · Cost Advantage · 2026-06-30
Cost advantage89
Intangibles32
Switching costs60
Network effect65
Efficient scale80
Our component scores (0-100) and overall 62.6; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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