HOST HOTELS & RESORTS, INC.

Listed Company

HSTCIK 0001070750NasdaqLarge AcceleratedReal Estate Investment TrustsMarylandFY ends Dec 31

Period

FY 2025

Revenue

$6.11B

Net Income

$765.00M

Total Assets

$13.05B

Equity

$6.56B

Shares Out

687.80M

Op. Cash Flow

$1.51B

Business

HOST HOTELS & RESORTS, INC. is a publicly traded lodging REIT that owns a diversified portfolio of primarily luxury and upper-upscale hotels. It generates revenues from room, food and beverage and ancillary services and holds noncontrolling interests in hospitality joint ventures. Host operates through Host L.P., leasing hotels to taxable REIT subsidiaries and relying on third‑party brand and independent managers along with an enterprise analytics platform. Its portfolio is concentrated in major U.S. urban and resort markets with a few international properties and distribution through brand reservation systems, loyalty programs and third‑party channels.

Summary from filing dated 2025-02-26

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total revenues	6,114	5,684	5,311	4,907	2,890
Depreciation and amortization	795	762	697	664	762
Corporate and other expenses	124	123	132	107	99
Net gain on insurance settlements	−24	−110	−86	−17	−8
Total operating costs and expenses	5,259	4,809	4,484	4,132	3,140
OPERATING PROFIT	855	875	827	775	−250
Interest income	32	54	75	30	2
Interest expense	−235	−215	−191	−156	—
Other gains	148	0	71	17	306
Equity in earnings of affiliates	18	7	6	3	31
INCOME BEFORE INCOME TAXES	818	721	788	669	−102
Provision for income taxes	−42	−14	−36	−26	91
NET INCOME	776	707	752	643	−11
Less: Net income attributable to non-controlling interests	−11	−10	−12	−10	0
NET INCOME ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC.	765	697	740	633	−11
Basic earnings per common share (in dollars per share)	1.11	0.99	1.04	0.89	−0.02
Diluted earnings per common share (in dollars per share)	1.1	0.99	1.04	0.88	−0.02

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2022 2022-09-30
Property and equipment, net	10,636	10,906	9,624	9,748	—
Right-of-use assets	560	559	550	556	—
Assets held for sale	34	0	—	0	—
Due from managers	39	36	128	94	—
Advances to and investments in affiliates	259	166	126	132	—
Furniture, fixtures and equipment replacement fund	167	242	217	200	—
Notes receivable	114	79	72	413	—
Other	472	506	382	459	—
Cash and cash equivalents	768	554	1,144	667	—
Total assets	13,049	13,048	12,243	12,269	—
Senior notes	3,986	3,993	3,120	3,115	—
Credit facility, including the term loans of $999 and $998, respectively	996	992	989	994	—
Mortgage and other debt	95	98	100	106	—
Total debt	5,077	5,083	4,209	4,215	4,215
Lease liabilities	563	560	563	568	—
Accounts payable and accrued expenses	355	351	408	372	—
Due to managers	76	54	64	67	—
Other	246	223	173	168	—
Total liabilities	6,317	6,271	5,417	5,390	—
Redeemable non-controlling interests - Host Hotels & Resorts, L.P.	171	165	189	164	—
Common stock, par value $0.01, 1,050 million shares authorized, 687.8 million shares and 699.1 million shares issued and outstanding, respectively	7	7	7	7	—
Additional paid-in capital	7,289	7,462	7,535	7,717	—
Accumulated other comprehensive loss	−68	−83	−70	−75	—
Deficit	−670	−777	−839	−939	—
Total equity of Host Hotels & Resorts, Inc. stockholders	6,558	6,609	6,633	6,710	—
Non-redeemable non-controlling interestsother consolidated partnerships	3	3	4	5	—
Total equity	6,561	6,612	6,637	6,715	—
Total liabilities, non-controlling interests and equity	13,049	13,048	12,243	12,269	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Amortization of finance costs, discounts and premiums, net	11	10	9	10	10
Loss on extinguishment of debt	0	0	4	0	23
Non-cash stock-based compensation expense	26	24	30	26	18
Deferred income taxes	28	8	26	20	−93
Gain on property insurance settlement	0	−70	−3	−6	0
Change in due from/to managers	15	69	−40	15	−151
Distributions from investments in affiliates	24	18	31	30	21
Property insurance proceeds - remediation costs	20	4	101	0	0
Payments for inventory costs	−88	−64	−15	0	0
Decrease in inventory for units sold	71	0	0	—	—
Changes in other assets	17	−9	−3	20	10
Changes in other liabilities	−19	46	−71	14	40
Net cash provided by operating activities	1,510	1,498	1,441	1,416	292
Proceeds from sales of assets, net	125	0	34	236	729
Proceeds from (issuance of) loan receivable	79	−7	413	0	—
Return of investments in affiliates	3	1	5	0	0
Advances to and investments in affiliates	−97	−56	−25	−60	−11
Acquisitions	−2	−1,504	0	−301	−1,458
Renewals and replacements	−362	−288	−451	−197	−134
Return on investment	−282	−260	−195	−307	−293
Property insurance proceeds	29	74	36	11	0
Net cash used in investing activities	−507	−2,040	−183	−618	−1,158
Financing costs	−8	−12	−10	−1	−8
Issuances of debt	892	1,279	0	0	443
Draws on credit facility	0	890	0	0	0
Repayment of credit facility	0	−890	0	−683	−800
Repurchase/redemption of senior notes	−900	−400	0	0	−400
Mortgage debt and other prepayments and scheduled maturities	−2	−2	−7	−2	0
Debt extinguishment costs	0	0	−3	0	−22
Common stock repurchases	−205	−107	−182	−27	0
Dividends on common stock	−623	−737	−547	−150	0
Distributions and payments to non-controlling interests	−9	−12	−10	−3	0
Other financing activities	−13	−22	−12	−8	−8
Net cash used in financing activities	−868	−13	−771	−874	−657
Effects of exchange rate changes on cash held	4	−10	2	−3	0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	139	−565	489	−79	−1,523

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro