Host Hotels & Resorts owns 75 predominantly urban and resort upper upscale and luxury hotel properties representing more than 41,000 rooms, mainly in the United States.
It is a $15.5B real estate company. Revenue grew 4.9% over the last year, it keeps 17¢ of every dollar of sales as profit, and its net debt equals ~3.7 years of free cash flow. It trades at 15.1× earnings — in the cheapest third of its own history.
- Website
- hosthotels.com
- Location
- Bethesda, MD
- Employees
- 162
- Sector
- Real Estate
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation and quality; Growth, Health and Moat lag behind.
Valuation90
- P/E vs own history23th pct · 20/25
- FCF yield8.6% · 25/25
- P/S2.5x · 20/25
- EV/EBITDA9.6x · 25/25
Growth25
- Revenue CAGR20.3% · 25/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth-23.7% · 0/25
Profitability65
- ROIC6.7% · 5/25
- ROE15.5% · 20/25
- Net margin16.5% · 20/25
- Operating margin18.4% · 20/25
Health44
- Altman Z0.33 · 3/25
- Current ratio1.80 · 18/25
- Interest coverage5.4x · 18/25
- Net cash / debtD/A 37% · 5/25
Quality78
- Piotroski F7/9 · 22/25
- Beneish M-2.51 · 25/25
- FCF conversion130% · 25/25
- Margin stabilityσ 20.7% · 6/25
Moat18
- ROIC >12% years0/7 yrs · 0/25
- Median gross margin12.6% · 0/25
- FCF-positive years6/7 yrs · 18/25
- Worst-year net marginworst -45.2% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- 2024AcquisitionHost Hotels & Resorts acquired the 1 Hotel Nashville and the Embassy Suites by Hilton Nashville Downtown
- FY2021FinancialPositive free cash flow every year since5-year streak
- FY2018FinancialBest year on record$1.09B net income
- FY2016FinancialFirst recorded profitable year$762M net income
- FY2016FinancialRevenue already above $1B$5.43B in first reported year
- 1998MilestoneThe company divested its non-hotel business and reorganized as a real estate investment trust
- 1993AcquisitionMarriott split its business into Marriott International, Inc
- 1982AcquisitionMarriott acquired the Host International Company
- 1968MilestoneAfter several name and business changes, it became the Host International Company in 1968
- 1967MilestoneThe company was renamed as Marriott Corporation
- 1957MilestoneIt became a public company and in 1957, Hot Shoppes, Inc. expanded into the lodging business with the opening of its…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (97.0%)
- Strong cash conversion — FCF is 21.4% of revenue
- Interest covered 5.4× by operating earnings
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
- Altman Z-Score 0.33 — elevated financial-distress risk
- Loss-making in 2 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+4.9% YoY
- Profitable — makes more than it spends$1.03B TTM
- Profit growing — earnings are higher than last year+7.7% YoY
- Generates cash — cash left after running and investing$1.33B TTM
- Debt under control — could handle its obligations~3.7y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$15.5B market cap
- Not printing shares — share count not ballooning — you keep your slice-1.2% shares over ~5y
- Proven track record — years of profitability behind it8/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 0.3 — distress
- Pays a dividend — returns cash to shareholdersyield 4.20%
- Valuation not extreme — price not wildly above earningsP/E 15.1
Peer comparisonHost Hotels & Resorts, Inc. vs 6 largest real estate peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| HST this company | $15.5B | 15.1 | +4.9% | 16.5% | Mixed |
| WELL Welltower Inc. | $162.5B | 108.1 | +37.6% | 12.1% | Strained |
| PLD Prologis, Inc. | $123.1B | 29.8 | +7.3% | 45.8% | Strained |
| EQIX Equinix, Inc. | $101.2B | 66.0 | +9.6% | 15.6% | Strained |
| AMT American Tower Corporation | $84.5B | 25.0 | +14.2% | 31.1% | Strained |
| DLR Digital Realty Trust, Inc. | $66.6B | 83.0 | +17.4% | 11.8% | Strained |
| SPG Simon Property Group, Inc. | $64.7B | 14.0 | +15.0% | 66.5% | Strained |
Head-to-head: HST vs WELL · HST vs PLD · HST vs EQIX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/HST
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Deeper analysis of HST on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $22.60 · market cap $15.5B.