We are the largest publicly traded lodging REIT, with a geographically diverse portfolio of luxury and upper-upscale hotels. As of February 20, 2026, our consolidated lodging portfolio consists of 76 primarily luxury and upper-upscale hotels containing approximately 41,700 rooms, with substantially all located in the United States (five of the hotels are located outside of the U.S. in Brazil and Canada). In addition, we own non-controlling interests in seven domestic joint ventures that focus on the lodging industry, see " - Other Real Estate Interests" for a further description. Host Inc. was incorporated as a Maryland corporation in 1998 and operates as a self-managed and self-administered REIT. Host Inc. owns hotels and conducts operations through Host L.P., of which Host Inc. is the sole general partner and of which it holds approximately 99% of the partnership interests (“OP units”) as of December 31, 2025.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 6.1B | 6.1B | 5.7B | 5.3B | 4.9B | 2.9B |
| Net Income | 765M | 765M | 697M | 740M | 633M | -11M |
| EPS | $1.10 | $1.10 | $0.99 | $1.04 | $0.88 | $-0.02 |
| Free Cash Flow | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | -1.0M |
| ROIC | 7.5% | 7.9% | 8.2% | 9.3% | 7.9% | -0.1% |
| Gross Margin | 63.0% | 63.0% | 62.3% | 21.7% | 21.2% | 1.4% |
| Debt/Equity | 0.76 | 0.76 | 0.75 | 0.62 | 0.61 | 0.74 |
| Dividends/Share | $0.90 | $0.95 | $0.90 | $0.90 | $0.53 | $0.03 |
| Operating Income | 855M | 855M | 875M | 827M | 775M | -250M |
| Operating Margin | 14.0% | 14.0% | 15.4% | 15.6% | 15.8% | -8.7% |
| ROE | 11.7% | 11.6% | 10.5% | 11.2% | 9.4% | -0.2% |
| Shares Outstanding | 695M | 695M | 704M | 712M | 719M | 1,422M |
HOST HOTELS & RESORTS, INC. passes 4 of 9 quality checks, suggesting mixed fundamentals.
HOST HOTELS & RESORTS, INC. trades at 18.4x trailing earnings, compared to its 15-year median P/E of 15.8x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 11.4x vs a median of 9.9x. The company's 5-year average ROIC is 6.6% with a gross margin of 33.9%. Total shareholder yield (dividends + buybacks) is 5.9%. At current prices, the estimated annualized return to fair value is +9.9%.
HOST HOTELS & RESORTS, INC. (HST) has a current P/E ratio of 18.4, compared to its historical median P/E of 15.8. The stock is currently considered Fair based on its historical valuation range.
HOST HOTELS & RESORTS, INC. (HST) has a 5-year average return on invested capital (ROIC) of 6.6%. This is below average and may indicate limited pricing power.
HOST HOTELS & RESORTS, INC. (HST) has a market capitalization of $14.1B. It is classified as a large-cap stock.
Yes, HOST HOTELS & RESORTS, INC. (HST) pays a dividend with a trailing twelve-month yield of 4.42%. The company also returns capital through share buybacks, with a buyback yield of 1.45%.
Based on historical P/E analysis, HOST HOTELS & RESORTS, INC. (HST) appears fair. The current P/E of 18.4 is 17% above its historical median of 15.8. The estimated fair value CAGR (P/E method) is 0.8%.
HOST HOTELS & RESORTS, INC. (HST) operates in the Real Estate Investment Trusts industry, within the Real Estate sector.
HOST HOTELS & RESORTS, INC. (HST) reported annual revenue of $6.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
HOST HOTELS & RESORTS, INC. (HST) has a net profit margin of 12.5%. This is a healthy margin.
HOST HOTELS & RESORTS, INC. (HST) generated $1.2 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
HOST HOTELS & RESORTS, INC. (HST) has a debt-to-equity ratio of 0.76. This indicates moderate leverage.
HOST HOTELS & RESORTS, INC. (HST) reported earnings per share (EPS) of $1.10 in its most recent fiscal year.
HOST HOTELS & RESORTS, INC. (HST) has a return on equity (ROE) of 11.6%. This indicates moderate shareholder returns.
HOST HOTELS & RESORTS, INC. (HST) has a 5-year average gross margin of 33.9%. This indicates decent pricing power.
The Ledger Terminal provides 19 years of financial data for HOST HOTELS & RESORTS, INC. (HST), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
HOST HOTELS & RESORTS, INC. (HST) has a book value per share of $9.43, based on its most recent annual SEC filing.