HLT vs MGM
Hilton Worldwide Holdings Inc. and MGM Resorts International, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HLT | MGM |
|---|---|---|
| Revenue | $12.0B | $17.5B |
| Net income | $1.5B | $205.9M |
| Gross margin | · | · |
| Net margin | 12.1% | 3.0% |
| Return on equity | · | 7.5% |
| Diluted EPS | $6.12 | $0.76 |
| Dividend / share | $0.60 | · |
| Payout ratio | 9.8% | · |
| Free cash flow | $2.0B | $1.5B |
| Equity | $-5.4B | $2.4B |
| Net debt / equity | · | 1.71× |
| Current ratio | 0.66× | 1.23× |
| Revenue CAGR 5y | 22.8% | 27.7% |
| Profit CAGR 5y | · | · |
MGM bills 1.5× the revenue of HLT, and HLT keeps more of each dollar of revenue as profit (12.1% against 3.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | HLT | MGM |
|---|---|---|
| FY2025 | $12.0B | $17.5B |
| FY2024 | $11.2B | $17.2B |
| FY2023 | $10.2B | $16.2B |
| FY2022 | $8.8B | $13.1B |
| FY2021 | $5.8B | $9.7B |
| FY2020 | $4.3B | $5.2B |
| FY2019 | $9.5B | $12.9B |
| FY2018 | $8.9B | $11.8B |
| FY2017 | $8.1B | $10.8B |
| FY2016 | $6.6B | $9.5B |
Bottom line
| Fiscal year | HLT | MGM |
|---|---|---|
| FY2025 | $1.5B | $205.9M |
| FY2024 | $1.5B | $746.6M |
| FY2023 | $1.1B | $1.1B |
| FY2022 | $1.3B | $1.5B |
| FY2021 | $410.0M | $1.3B |
| FY2020 | $-715.0M | $-1.0B |
| FY2019 | $881.0M | $2.0B |
| FY2018 | $764.0M | $466.8M |
| FY2017 | $1.1B | $2.0B |
| FY2016 | $338.0M | $1.1B |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$5,498,683,000 | MGM |
| FY2024 | −$6,066,545,000 | MGM |
| FY2023 | −$5,929,249,000 | MGM |
| FY2022 | −$4,354,485,000 | MGM |
| FY2021 | −$3,892,140,000 | MGM |
| FY2020 | −$855,082,000 | MGM |
| FY2019 | −$3,447,672,000 | MGM |
| FY2018 | −$2,857,096,000 | MGM |
| FY2017 | −$2,666,479,000 | MGM |
| FY2016 | −$2,902,269,000 | MGM |
| FY2015 | −$2,057,068,000 | MGM |
| FY2014 | +$420,016,000 | HLT |
| FY2013 | −$74,663,000 | MGM |
| FY2012 | +$115,156,000 | HLT |
The higher-revenue side has changed between HLT and MGM over this period. The gap has widened since the earliest year compared.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +9.2 pp | HLT |
| FY2024 | +7.6 pp | HLT |
| FY2023 | +3.1 pp | HLT |
| FY2022 | +12.8 pp | HLT |
| FY2021 | −5.5 pp | MGM |
| FY2020 | +8.9 pp | HLT |
| FY2019 | −7.8 pp | MGM |
| FY2018 | +3.7 pp | HLT |
| FY2017 | −5.9 pp | MGM |
| FY2016 | −7.7 pp | MGM |
| FY2015 | +31.2 pp | HLT |
| FY2014 | +5.2 pp | HLT |
| FY2013 | +4.3 pp | HLT |
| FY2012 | +21.5 pp | HLT |
The higher net margin has changed hands between HLT and MGM over this period.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MGM's net margin has been more volatile than HLT's over the 14 comparable fiscal years — 12.4 percentage points of standard deviation against 8.1.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HLT and MGM over these 14 fiscal years — HLT led in 10 and MGM in 4.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HLT's return on equity has been more volatile than MGM's over the 7 comparable fiscal years — 19.2 percentage points of standard deviation against 18.9.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between HLT and MGM over these 7 fiscal years — HLT led in 6 and MGM in 1.
7 of 18 comparable fiscal years — a year missing data on either side is not counted.