HOST HOTELS & RESORTS, INC.

HST 10-K · Q4 2025

HST Q4 2025 request

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Income Statement

Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 1,603 1,428 +12.3%
Show Product Lines breakouts
Food And Beverage 458 431 +6.3%
Food And Beverage · HOST HOTELS & RESORTS L.P. 458 431 +6.3%
Food And Beverage · Hotel Ownership 458 431 +6.3%
Hotel Other 151 134 +12.7%
Hotel Other · HOST HOTELS & RESORTS L.P. 151 134 +12.7%
Hotel Other · Hotel Ownership 151 134 +12.7%
Occupancy 895 863 +3.7%
Occupancy · HOST HOTELS & RESORTS L.P. 895 863 +3.7%
Occupancy · Hotel Ownership 895 863 +3.7%
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Hotel Ownership 1,603 1,428 +12.3%
Show Geography breakouts
BR 8 9 -11.1%
CA 21 19 +10.5%
US 1,574 1,400 +12.4%
Show — breakouts
Revenue 5,658 5,318 +6.4%
Revenue 17 15 +13.3%
Revenue 16 38 -57.9%
Revenue 101 111 -9.0%
Revenue 93 97 -4.1%
Revenue 43 55 -21.8%
Revenue 112 84 +33.3%
Revenue 90 102 -11.8%
Revenue 96 75 +28.0%
Revenue 85 91 -6.6%
Revenue 366 325 +12.6%
Revenue 220 205 +7.3%
Revenue 70 42 +66.7%
Revenue 49 61 -19.7%
Revenue 50 37 +35.1%
Revenue 145 48 +202.1%
Revenue 450 427 +5.4%
Revenue 308 294 +4.8%
Revenue 34 40 -15.0%
Revenue 317 320 -0.9%
Revenue 66 75 -12.0%
Revenue 440 477 -7.8%
Revenue 83 76 +9.2%
Revenue 54 65 -16.9%
Revenue 208 237 -12.2%
Revenue 202 154 +31.2%
Revenue -14 -19 +26.3%
Show Consolidated Entities breakouts
HOST HOTELS & RESORTS L.P. 1,603 1,428 +12.3%
Cost of Revenue (Q)
Show Product Lines breakouts
Food And Beverage 310 289 +7.3%
Food And Beverage · HOST HOTELS & RESORTS L.P. 310 289 +7.3%
Food And Beverage · Hotel Ownership 310 289 +7.3%
Hotel Other 370 361 +2.5%
Hotel Other · HOST HOTELS & RESORTS L.P. 370 361 +2.5%
Hotel Other · Hotel Ownership 370 361 +2.5%
Management Service 71 61 +16.4%
Management Service · HOST HOTELS & RESORTS L.P. 71 61 +16.4%
Management Service · Hotel Ownership 71 61 +16.4%
Occupancy 226 217 +4.1%
Occupancy · HOST HOTELS & RESORTS L.P. 226 217 +4.1%
Occupancy · Hotel Ownership 226 217 +4.1%
Depreciation And Amortization 208 197 +5.6%
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HOST HOTELS & RESORTS L.P. 208 197 +5.6%
General & Administrative 41 42 -2.4%
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HOST HOTELS & RESORTS L.P. 41 42 -2.4%
Gain On Business Interruption Insurance Recovery 0 6 -100.0%
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HOST HOTELS & RESORTS L.P. 0 6 -100.0%
Total Costs & Expenses 1,411 1,271 +11.0%
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HOST HOTELS & RESORTS L.P. 1,411 1,271 +11.0%
Operating Income 192 157 +22.3%
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HOST HOTELS & RESORTS L.P. 192 157 +22.3%
Interest And Other Income 10 11 -9.1%
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HOST HOTELS & RESORTS L.P. 10 11 -9.1%
Interest Expense -60 -59 -1.7%
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HOST HOTELS & RESORTS L.P. -60 -59 -1.7%
Income Loss From Equity Method Investments 2 -5 +140.0%
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HOST HOTELS & RESORTS L.P. 2 -5 +140.0%
Income Before Taxes 144 103 +39.8%
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HOST HOTELS & RESORTS L.P. 144 103 +39.8%
Income Tax Expense (Benefit) -7 6 -216.7%
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HOST HOTELS & RESORTS L.P. -7 6 -216.7%
Net Income 137 109 +25.7%
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HOST HOTELS & RESORTS L.P. 137 109 +25.7%
Net Income Loss Attributable To Noncontrolling Interest -2 -1 -100.0%
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HOST HOTELS & RESORTS L.P. 0 0
Net Income 135 108 +25.0%
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Noncontrolling Interest 0 0
Redeemable non-controlling Interests of Host Hotels & Resorts, L.P. 2 1 +100.0%
Retained Earnings 135 108 +25.0%
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Net Income 0 0
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HOST HOTELS & RESORTS L.P. 137 109 +25.7%
HOST HOTELS & RESORTS L.P. · Limited Partner 135 108 +25.0%
HOST HOTELS & RESORTS L.P. · Limited Partnership Interests of Third Parties 2 1 +100.0%
EPS (Basic) 0.2 0.15 +33.3%
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HOST HOTELS & RESORTS L.P. 0.2 0.15 +33.3%
EPS (Diluted) 0.19 0.15 +26.7%
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HOST HOTELS & RESORTS L.P. 0.2 0.16 +25.0%
Comprehensive Income 134 100 +34.0%
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HOST HOTELS & RESORTS L.P. 136 101 +34.7%
Wtd Avg Shares (Basic) -1.2 -1 -20.0%
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HOST HOTELS & RESORTS L.P. -1.3 -1 -30.0%
Wtd Avg Shares (Diluted) -0.4 -0.7 +42.9%
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HOST HOTELS & RESORTS L.P. -0.5 -0.7 +28.6%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 2024 YoY
Current Assets
Cash & Cash Equivalents 768 554 +38.6%
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Covenant Requirement · Minimum 100
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HOST HOTELS & RESORTS L.P. 768 554 +38.6%
Non-Current Assets
Property, Plant & Equipment 10,636 10,906 -2.5%
Show Geography breakouts
BR 30 27 +11.1%
CA 31 27 +14.8%
US 10,575 10,852 -2.6%
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HOST HOTELS & RESORTS L.P. 10,636 10,906 -2.5%
Operating Lease Right-of-Use Assets 560 559 +0.2%
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HOST HOTELS & RESORTS L.P. 560 559 +0.2%
Total Assets 13,049 13,048 0.0%
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Houston Airport Marriott at George Bush Intercontinental · Variable Interest Entity Primary Beneficiary 47
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HOST HOTELS & RESORTS L.P. 13,049 13,048 0.0%
Other Assets
Assets Of Disposal Group Including Discontinued Operation 34
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HOST HOTELS & RESORTS L.P. 34
Due From Managers 39 36 +8.3%
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HOST HOTELS & RESORTS L.P. 39 36 +8.3%
Investments In Affiliates Subsidiaries Associates And Joint Ventures 259 166 +56.0%
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HOST HOTELS & RESORTS L.P. 259 166 +56.0%
Variable Interest Entity Not Primary Beneficiary 164
Replacement Reserve Escrow 167 242 -31.0%
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HOST HOTELS & RESORTS L.P. 167 242 -31.0%
Accounts And Notes Receivable Net 114 79 +44.3%
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HOST HOTELS & RESORTS L.P. 114 79 +44.3%
Other Assets 472 506 -6.7%
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HOST HOTELS & RESORTS L.P. 472 506 -6.7%
Non-Current Liabilities
Accounts Payable And Accrued Liabilities Current And Noncurrent 355 351 +1.1%
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HOST HOTELS & RESORTS L.P. 355 351 +1.1%
Total Liabilities 6,317 6,271 +0.7%
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Houston Airport Marriott at George Bush Intercontinental · Variable Interest Entity Primary Beneficiary 26
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HOST HOTELS & RESORTS L.P. 6,317 6,271 +0.7%
Long-Term Debt 1,274 896 +42.2%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Harbor Beach JV 166 156 +6.4%
Hyatt Place Nashville Downtown [Member] 60 60 0.0%
Maui JV 17 20 -15.0%
Noble JV 818 447 +83.0%
Philadelphia Marriott Downtown [Member] 213 213 0.0%
Operating Lease Liabilities 563
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Ground Leases 518
Office Leases and Other 45
Other Liabilities
Other Borrowings 95 98 -3.1%
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HOST HOTELS & RESORTS L.P. 95 98 -3.1%
Show Long-Term Debt Type breakouts
Secured Debt 95 98 -3.1%
Debt And Capital Lease Obligations 5,077 5,083 -0.1%
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HOST HOTELS & RESORTS L.P. 5,077 5,083 -0.1%
Operating Lease Liability 563 560 +0.5%
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HOST HOTELS & RESORTS L.P. 563 560 +0.5%
Show Lease Contractual Term breakouts
Ground Leases 518
Office Leases and Other 45
Due To Managers 76 54 +40.7%
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HOST HOTELS & RESORTS L.P. 76 54 +40.7%
Other Liabilities 246 223 +10.3%
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HOST HOTELS & RESORTS L.P. 246 223 +10.3%
Redeemable Noncontrolling Interest Equity Carrying Amount 171 165 +3.6%
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HOST HOTELS & RESORTS L.P. 171 165 +3.6%
HOST HOTELS & RESORTS L.P. · Redeemable Non Controlling Interests 171 165 +3.6%
Minority Interest 3 3 0.0%
Stockholders' Equity
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Net Investment Hedges Net Of Tax 5 6 -16.7%
Total Liabilities & Equity 13,049 13,048 0.0%
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HOST HOTELS & RESORTS L.P. 13,049 13,048 0.0%
Common Stock 7 7 0.0%
Additional Paid In Capital Common Stock 7,289 7,462 -2.3%
Accumulated Other Comprehensive Income -68 -83 +18.1%
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HOST HOTELS & RESORTS L.P. -68 -83 +18.1%
Retained Earnings -670 -777 +13.8%
Total Stockholders' Equity 6,558 6,609 -0.8%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 6,561 6,612 -0.8%
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Accumulated Other Comprehensive Income -68 -83 +18.1%
Additional Paid In Capital 7,289 7,462 -2.3%
Common Stock 7 7 0.0%
Noncontrolling Interest 3 3 0.0%
Redeemable non-controlling Interests of Host Hotels & Resorts, L.P. 171 165 +3.6%
Retained Earnings -670 -777 +13.8%
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax -75 -90 +16.7%
Accumulated Other Comprehensive Income Loss Attributable To Non Controlling Interest 1 1 0.0%
Senior Notes 3,986 3,993 -0.2%
Show Debt Instrument breakouts
5.500% Series L Senior Notes, Due April 2035 685 683 +0.3%
Series H senior notes, with a rate of 3⅜% due December 2029 645 644 +0.2%
Series I senior notes, with a rate of 3½% due September 2030 741 740 +0.1%
Series J senior notes, with a rate of 2.9% due December 2031 443 442 +0.2%
Series K senior notes, with a rate of 5.7% due July 2034 586 585 +0.2%
Series M senior notes, with a rate of 5.7% due June 2032 491
Series N senior notes, with a rate of 4.25% due December 2028 395
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HOST HOTELS & RESORTS L.P. 3,986 3,993 -0.2%
Line Of Credit 996 992 +0.4%
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Credit facility term loan due January 2027 500 499 +0.2%
Credit facility term loan due January 2028 499 499 0.0%
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HOST HOTELS & RESORTS L.P. 996 992 +0.4%
HOST HOTELS & RESORTS L.P. · Term Loan 999 998 +0.1%
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Term Loan 999 998 +0.1%
General Partners Capital Account (Q)
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HOST HOTELS & RESORTS L.P. 1 1 0.0%
Limited Partners Capital Account (Q)
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HOST HOTELS & RESORTS L.P. 6,625 6,691 -1.0%
Partners Capital (Q)
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HOST HOTELS & RESORTS L.P. 6,558 6,609 -0.8%
Minority Interest In Limited Partnerships (Q)
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HOST HOTELS & RESORTS L.P. 3 3 0.0%
Partners Capital Including Portion Attributable To Noncontrolling Interest (Q)
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HOST HOTELS & RESORTS L.P. 6,561 6,612 -0.8%
HOST HOTELS & RESORTS L.P. · Accumulated Other Comprehensive Income -68 -83 +18.1%
HOST HOTELS & RESORTS L.P. · General Partner 1 1 0.0%
HOST HOTELS & RESORTS L.P. · Limited Partner 6,625 6,691 -1.0%
HOST HOTELS & RESORTS L.P. · Limited Partnership Interests of Third Parties 171 165 +3.6%
HOST HOTELS & RESORTS L.P. · Non-controlling Interests of Consolidated Partnerships 3 3 0.0%
Aoci Loss Cash Flow Hedge Cumulative Gain Loss After Tax 1

Cash Flow Statement

Cash Flow Statement
Metric YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Amortization Of Financing Costs And Discounts 2 3 -33.3%
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HOST HOTELS & RESORTS L.P. 2 3 -33.3%
Stock-Based Compensation 10 7 +42.9%
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HOST HOTELS & RESORTS L.P. 10 7 +42.9%
Increase Decrease In Due From Managers 75 18 +316.7%
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HOST HOTELS & RESORTS L.P. 75 18 +316.7%
Equity Method Investment Dividends Or Distributions 9 4 +125.0%
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HOST HOTELS & RESORTS L.P. 9 4 +125.0%
Increase Decrease In Inventory For Long Term Contracts Or Programs -21 -28 +25.0%
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HOST HOTELS & RESORTS L.P. -21 -28 +25.0%
Increase Decrease In Other Operating Assets 24 5 +380.0%
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HOST HOTELS & RESORTS L.P. 24 5 +380.0%
Increase Decrease In Other Operating Liabilities -18 -4 -350.0%
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HOST HOTELS & RESORTS L.P. -18 -4 -350.0%
Net Cash from Operations 543 331 +64.0%
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HOST HOTELS & RESORTS L.P. 543 331 +64.0%
Investing Activities
Payments For Proceeds From Loans Receivable 0 -1 +100.0%
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HOST HOTELS & RESORTS L.P. 0 -1 +100.0%
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital 0 0
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HOST HOTELS & RESORTS L.P. 0 0
Payments To Acquire Interest In Subsidiaries And Affiliates -32 -14 -128.6%
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HOST HOTELS & RESORTS L.P. -32 -14 -128.6%
Payments To Acquire Other Productive Assets -92 -77 -19.5%
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HOST HOTELS & RESORTS L.P. -92 -77 -19.5%
Payments For Capital Improvements -98 -96 -2.1%
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HOST HOTELS & RESORTS L.P. -98 -96 -2.1%
Proceeds From Insurance Settlement Investing Activities 13 0
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HOST HOTELS & RESORTS L.P. 13 0
Net Cash from Investing -207 -189 -9.5%
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HOST HOTELS & RESORTS L.P. -207 -189 -9.5%
Financing Activities
Payments Of Financing Costs -4 0
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HOST HOTELS & RESORTS L.P. -4 0
Proceeds From Issuance Of Debt 398 0
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HOST HOTELS & RESORTS L.P. 398 0
Repayments Of Senior Debt -400 0
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HOST HOTELS & RESORTS L.P. -400 0
Repayments Of Secured Debt 0 0
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HOST HOTELS & RESORTS L.P. 0 0
Payment For Repurchase Of Partners Capital Unit (Q)
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HOST HOTELS & RESORTS L.P. 0 0
Distribution Made To Limited Partner Cash Distributions Paid (Q)
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HOST HOTELS & RESORTS L.P. -139 -142 +2.1%
Distributions And Payments To Non Controlling Interests -2 -3 +33.3%
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HOST HOTELS & RESORTS L.P. 0 0
Proceeds From Payments For Other Financing Activities 0 0
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HOST HOTELS & RESORTS L.P. 0 0
Net Cash from Financing -145 -142 -2.1%
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HOST HOTELS & RESORTS L.P. -145 -142 -2.1%
Share Repurchases 0 0
Payments Of Dividends Common Stock -137 -139 +1.4%
Supplemental
Restricted Cash And Cash Equivalents 2 2 0.0%
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HOST HOTELS & RESORTS L.P. 2 2 0.0%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 937 798 +17.4%
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HOST HOTELS & RESORTS L.P. 937 798 +17.4%
Income Taxes Paid 2.4 5.2 -53.8%
Interest Paid 71 41 +73.2%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 0 -8 +100.0%
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HOST HOTELS & RESORTS L.P. 0 -8 +100.0%
Net Change in Cash 191 -8 +2487.5%
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HOST HOTELS & RESORTS L.P. 191 -8 +2487.5%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations 937 798 +17.4%
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HOST HOTELS & RESORTS L.P. 937 798 +17.4%

Values in millions USD. Source: SEC EDGAR 10-K filing.

This table is rendered from the same JSON returned by /api/financials.

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