Latest revenue
$1.65B
as of 2026-03-31
Latest net income
$494.0M
as of 2026-03-31
Net margin
30.0%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $15.33B
- Enterprise value
- $19.77B
- P/E (trailing)
- 20.0×
- Forward P/E
- —
- P/B
- 2.30×
- Dividend yield
- 4.2%
- 52-wk high
- $22.48
- 52-wk low
- $14.85
- Beta
- —
- Shares out
- 684.9M
5-year trend
What this company does
Host Hotels & Resorts owns luxury and upper-upscale hotels across the U.S. and abroad, with properties operated under brands like Marriott, Hyatt, and Ritz-Carlton. Room rentals generate the bulk of revenue at $2.7 billion year-to-date, followed by food and beverage sales of $1.3 billion. The REIT is recycling capital by selling assets like the Washington Marriott at Metro Center, repurchasing $205 million in stock and $500 million in senior notes, while year-to-date operating profit slipped to $663 million from $718 million on rising costs.
Generated from HST's filing dated 2026-02-25
Key risks
- Q3 operating profit fell 25% to $101M as expenses rose 4% on flat revenue; YTD operating profit down $55M despite 6% revenue growth.
- Operating cash flow declined 17% YTD to $967M while interest paid jumped to $170M from $131M on $5.08B debt load.
- Underlying earnings inflated by $148M YTD other gains and $24M insurance settlements; ex-items, core hotel performance is deteriorating.
Generated from HST's filing dated 2026-02-25
Profitability
Operating margin
14.0%
9.2%Net margin
12.5%
2.0%Return on equity
11.7%
10.6%Return on assets
5.9%
9.7%Leverage
Debt / equity
0.99×
1.6%Long-term debt / equity
0.61×
0.6%Debt / assets
49.7%
0.8%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $1.65B | +3.2% | $494.0M | +99.2% | 30.0% |
Q4 2025 2025-12-31 | $1.60B | +12.3% | $135.0M | +25.0% | 8.4% |
Q3 2025 2025-09-30 | $1.33B | +0.9% | $161.0M | +96.3% | 12.1% |
Q2 2025 2025-06-30 | $1.59B | +8.2% | $221.0M | -7.5% | 13.9% |
Q1 2025 2025-03-31 | $1.59B | +8.4% | $248.0M | -7.5% | 15.6% |
Q4 2024 2024-12-31 | $1.43B | — | $108.0M | — | 7.6% |
Q3 2024 2024-09-30 | $1.32B | +8.6% | $82.0M | -26.1% | 6.2% |
Q2 2024 2024-06-30 | $1.47B | +5.2% | $239.0M | +13.8% | 16.3% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Real Estate Investment Trusts · SIC 6798
Your notes
Keep private notes on HST — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$0
Insider selling
$2.5M
Net activity
−$2.5M
Distinct insiders
2
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-05-08 | Nathan S Tyrrell EVP, Ch. Investment Officer | Sale | 58,579 | $22.00 | $1.3M | |
| 2026-02-27 | Michael E Lentz EVP, Development, D&C | Sale | 12,673 | $19.95 | $252.8K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns HST
Institutional value
$7.17B
Total shares held
408.6M
Distinct holders
469
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 77.5M | $1.49B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 59.9M | $1.15B | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 43.2M | $826.8M | — | New |
| 4 | JPMORGAN CHASE & CO | 24.2M | $458.8M | — | New |
| 5 | Invesco Ltd. | 17.2M | $329.1M | — | New |
| 6 | Allianz Asset Management GmbH | 11.2M | $214.7M | — | New |
| 7 | DEUTSCHE BANK AG\ | 10.7M | $205.3M | — | New |
| 8 | DIMENSIONAL FUND ADVISORS LP | 10.5M | $201.0M | — | New |
| 9 | Daiwa Securities Group Inc. | 7.4M | $142.5M | — | New |
| 10 | CENTERSQUARE INVESTMENT MANAGEMENT LLC | 6.8M | $130.7M | — | New |
| 11 | Bank of New York Mellon Corp | 5.9M | $113.6M | — | New |
| 12 | Russell Investments Group, Ltd. | 5.7M | $108.5M | — | New |
| 13 | Legal & General Group Plc | 4.7M | $89.9M | — | New |
| 14 | SEI INVESTMENTS CO | 4.3M | $83.3M | — | New |
| 15 | FRANKLIN RESOURCES INC | 3.8M | $71.9M | — | New |
| 16 | VANGUARD FIDUCIARY TRUST CO | 3.6M | $69.8M | — | New |
| 17 | CI INVESTMENTS INC. | 3.1M | $59.6M | — | New |
| 18 | HSBC HOLDINGS PLC | 3.1M | $59.4M | — | New |
| 19 | UBS Group AG | 3.0M | $56.6M | — | New |
| 20 | Nuveen, LLC | 2.8M | $52.7M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Q3 operating profit fell to $101M from $135M despite flat revenue—what specific cost lines are structurally inflating, and is this the new run-rate?
- 2
Excluding the $122M other gains, Q3 pretax income would have collapsed; can you quantify the underlying organic EBITDA decline?
- 3
YTD operating cash flow dropped $200M to $967M while you spent $205M on buybacks and $486M on dividends—is the payout sustainable?
Refreshed when HST files a new report · last from 2026-02-25