Q4 25 EPS
$1.33
BEAT +285.62%
Est. $0.34
Q4 25 Revenue
$1.79B
MISS 0.27%
Est. $1.79B
vs S&P Since Q4 25
-1.2%
TRAILING MARKET
H +8.3% vs S&P +9.5%
Full Year 2025 Results
FY 25 EPS
$2.19
BEAT +53.08%
Est. $1.43
FY 25 Revenue
$7.10B
BEAT +0.66%
Est. $7.05B
Market Reaction
Did H Beat Earnings? Q4 2025 Results
Hyatt Hotels delivered a sharply mixed fourth quarter for fiscal 2025, posting earnings per share of $1.33 against a consensus estimate of just $0.37, a beat of 259.46%, even as reported revenue of $1.79 billion fell well short of the $3.53 billion a… Read more Hyatt Hotels delivered a sharply mixed fourth quarter for fiscal 2025, posting earnings per share of $1.33 against a consensus estimate of just $0.37, a beat of 259.46%, even as reported revenue of $1.79 billion fell well short of the $3.53 billion analysts had expected, a miss of 49.34%. The EPS strength reflected the structural payoff from Hyatt's accelerating asset-light transformation, most visibly the Playa Hotels acquisition and the near-simultaneous sale of its entire real estate portfolio for approximately $2.00 billion, converting owned resort assets into long-term management fee streams. Revenue surged 135.1% year over year, driven largely by the Playa consolidation, though the gap to consensus largely reflects the complexity of accounting for the rapid asset disposition. Gross fees of $307.00 million grew 4.5% in the quarter, anchored by base management and incentive fee gains. Looking ahead, Hyatt guided for 2026 gross fees of $1.29 billion to $1.34 billion and Adjusted EBITDA of $1.16 billion to $1.21 billion, with incremental Playa management fees and an expanded Chase co-branded credit card agreement cited as key growth drivers. A leadership consolidation, with CEO Mark Hoplamazian adding the chairman role, drew investor attention alongside the results.
Key Takeaways
- • Luxury and upper upscale chain scales led RevPAR growth in Q4
- • Leisure transient remained strongest customer segment
- • Group business benefited from Rosh Hashanah holiday timing shift to Q3
- • All-inclusive Net Package RevPAR up 8.3% in Q4 reflecting luxury travel demand
- • Base management fees up 8.1% from new hotel openings and international RevPAR growth
- • Incentive management fees up 13.0% led by Asia Pacific and European all-inclusive performance
- • World of Hyatt membership grew 19% to approximately 63 million members
H YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
H Revenue by Segment
With YoY comparisons, source: SEC Filings
“We ended 2025 with great momentum, marked by strong execution against our strategic priorities and continued progress toward becoming a more brand-focused organization. We achieved exceptional commercial and operating performance in 2025 and expanded our portfolio and network effect through disciplined transactions and strong organic growth.”
— Mark S. Hoplamazian, Q4 2025 Earnings Press Release
H Earnings Trends
H vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
H EPS Trend
Earnings per share: estimate vs actual
H Revenue Trend
Quarterly revenue: estimate vs actual
H Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.57 | $0.63 | +10.76% | $1.75B | +0.79% |
| Q4 25 BEAT FY | $0.34 | $1.33 | +285.62% | $1.79B | -0.27% |
| FY Full Year | $1.43 | $2.19 | +53.08% | $7.10B | +0.66% |
| Q3 25 MISS | $0.49 | $-0.30 | -161.79% | $1.79B | -1.30% |
| Q2 25 BEAT | $0.67 | $0.68 | +1.83% | $1.81B | +3.60% |
| Q1 25 BEAT | $0.36 | $0.46 | +28.82% | $1.72B | +0.59% |