Hilton Worldwide Holdings Deferred Revenue 2011-2025 | HLT

Deferred revenue is the amount of money or obligations that a company has received in advance for goods or services that have not yet been delivered or performed. In other words, it is income that has already been received but has not yet been recognized in accounting as revenue because the goods or services have not yet been transferred to the customer.

Features of the metric

Sources of future cash inflows
A high level of deferred revenue indicates that the company has secured future cash flows, which positively affects forecasts of its financial condition and stability.
Assessment of operational stability
Deferred revenue reflects demand for the company’s products or services and its ability to attract customers willing to pay in advance. It is one of the indicators of business stability and its competitive advantages.
Risks and obligations
Although deferred revenue indicates future inflows, it also represents obligations that the company must fulfill. If fulfilling these obligations is delayed or impossible, it can negatively impact reputation and financial results.
Analysis of liquidity and cash flow
Inflows in the form of deferred revenue improve the company’s current liquidity since the funds are already in the accounts. However, investors need to assess the ratio of deferred revenue to fulfilled obligations to understand the actual financial capabilities and risks.
Impact on company valuation
In fundamental analysis, deferred revenue is taken into account for accurate revenue and profit forecasting, especially in industries with long-term contracts or subscriptions (e.g., IT sector, services, manufacturing).

Annual Deferred Revenue Hilton Worldwide Holdings

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
664 M	502 M	433 M	350 M	370 M	332 M	350 M	-	65 M	65 M	52 M	48 M	61 M	86 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
664 M	48 M	260 M

Quarterly Deferred Revenue Hilton Worldwide Holdings

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
637 M	712 M	660 M	664 M	543 M	501 M	513 M	502 M	460 M	460 M	444 M	433 M	266 M	-	271 M	350 M	298 M	387 M	364 M	370 M	370 M	370 M	370 M	332 M	332 M	298 M	332 M	350 M	350 M	350 M	350 M	366 M	366 M	366 M	366 M	65 M	-	-	-	65 M	-	-	-	52 M	-	-	-	48 M	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
712 M	48 M	377 M

Deferred Revenue of other stocks in the Resorts casinos industry

Issuer	Deferred Revenue	Price	% 24h	Market Cap	Country
Golden Entertainment GDEN	12.4 M	$ 28.28	0.25 %	$ 797 M	USA
Boyd Gaming Corporation BYD	22.9 M	$ 84.78	-0.12 %	$ 7.91 B	USA
GreenTree Hospitality Group Ltd. GHG	257 M	$ 1.78	3.49 %	$ 181 M	-
Bluegreen Vacations Corporation BXG	15.7 M	-	-2.51 %	$ 676 M	USA
Red Lion Hotels Corporation RLH	199 K	-	-	$ 89 M	USA
Full House Resorts FLL	6.18 M	$ 2.88	-6.49 %	$ 99.4 M	USA
InterContinental Hotels Group PLC IHG	-555 M	$ 140.58	1.66 %	$ 13.7 B	Britain
Hyatt Hotels Corporation H	1.55 B	$ 166.0	2.71 %	$ 16.6 B	USA
Century Casinos CNTY	861 K	$ 1.33	1.53 %	$ 40.7 M	USA
Las Vegas Sands Corp. LVS	582 M	$ 66.83	2.45 %	$ 49.1 B	USA
Huazhu Group Limited HTHT	1.82 B	$ 47.76	-0.46 %	$ 149 B	China
MGM Resorts International MGM	367 M	$ 37.43	0.07 %	$ 11.5 B	USA
Melco Resorts & Entertainment Limited MLCO	278 M	$ 7.96	-1.91 %	$ 10.3 B	China
Studio City International Holdings Limited MSC	2.4 M	$ 3.48	3.42 %	$ 668 M	Canada
Vail Resorts MTN	602 M	$ 159.8	-1.25 %	$ 5.94 B	USA
Choice Hotels International CHH	102 M	$ 91.04	-0.3 %	$ 4.34 B	USA
Caesars Entertainment CZR	592 M	$ 23.88	-2.67 %	$ 5.13 B	USA
Marriott Vacations Worldwide Corporation VAC	153 M	$ 58.23	0.52 %	$ 2.06 B	USA
Red Rock Resorts RRR	22.2 M	-	2.49 %	$ 4.56 B	USA
Playa Hotels & Resorts N.V. PLYA	29.7 M	-	-0.07 %	$ 1.75 B	Niderland
Wyndham Hotels & Resorts WH	121 M	$ 77.57	1.53 %	$ 6.17 B	USA
Wynn Resorts, Limited WYNN	509 M	$ 126.36	2.18 %	$ 13.9 B	USA