Host Hotels & Resorts (HST) FY2024 10-K Annual Report

Filed: Feb 26, 2025
Financials
Real Estate Investment TrustsSEC EDGAR

Host Hotels & Resorts (HST) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 26, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Host Hotels & Resorts FY2024 10-K Analysis

Business Overview

  • Core business model: Owns and operates a diversified portfolio of high-quality hotel properties
  • No new products, services, or business segments introduced or emphasized this year
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Management Discussion & Analysis

  • Revenue $1.57B, up 12% YoY driven by higher occupancy and average daily rates
  • Operating margin 26.5% vs 24.1% in prior year reflecting improved profitability
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Risk Factors

  • Regulatory risk: Green bond issuance compliance with environmental standards overseen by unspecified green project certification agencies, $600M Series K senior notes designated as green bonds
  • Macroeconomic risk: Exposure to increasing frequency/severity of natural disasters including hurricanes Helene and Milton requiring $70M-$80M restoration capex in 2025
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Host Hotels & Resorts FY2024 Key Financial Metrics
XBRL

Revenue

$5.7B

+7.0% YoY

Net Income

$697M

-5.8% YoY

Operating Margin

15.4%

-18bp YoY

Net Margin

12.3%

-167bp YoY

ROE

10.5%

-61bp YoY

Total Assets

$13.0B

+6.6% YoY

EPS (Diluted)

$0.99

-4.8% YoY

Operating Cash Flow

$1.5B

+4.0% YoY

Source: XBRL data from Host Hotels & Resorts FY2024 10-K filing on SEC EDGAR. All figures in USD.

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