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Side-by-side financial comparison of Hilton Worldwide (HLT) and Polaris Inc. (PII). Click either name above to swap in a different company.

Hilton Worldwide is the larger business by last-quarter revenue ($2.9B vs $1.7B, roughly 1.8× Polaris Inc.). Hilton Worldwide runs the higher net margin — 13.0% vs -2.8%, a 15.9% gap on every dollar of revenue. On growth, Hilton Worldwide posted the faster year-over-year revenue change (9.0% vs 8.0%). Over the past eight quarters, Hilton Worldwide's revenue compounded faster (-0.2% CAGR vs -8.0%).

Hilton Worldwide Holdings Inc. is an American multinational hospitality company that manages and franchises a broad portfolio of hotels, resorts, and timeshare properties. Founded by Conrad Hilton in May 1919, the company is now led by Christopher J. Nassetta. Hilton is headquartered in Tysons, Virginia, United States.

Polaris Inc. is an American automotive manufacturer headquartered in Medina, Minnesota, United States. Polaris was founded in Roseau, Minnesota, where it still has engineering and manufacturing facilities. The company manufactured motorcycles through its Victory Motorcycles subsidiary until January 2017, then produced motorcycles through the Indian Motorcycle subsidiary, which it purchased in April 2011 and announced its divestiture in October 2025. Polaris produced personal watercraft from 1...

HLT vs PII — Head-to-Head

Bigger by revenue
HLT
HLT
1.8× larger
HLT
$2.9B
$1.7B
PII
Growing faster (revenue YoY)
HLT
HLT
+1.0% gap
HLT
9.0%
8.0%
PII
Higher net margin
HLT
HLT
15.9% more per $
HLT
13.0%
-2.8%
PII
Faster 2-yr revenue CAGR
HLT
HLT
Annualised
HLT
-0.2%
-8.0%
PII

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HLT
HLT
PII
PII
Revenue
$2.9B
$1.7B
Net Profit
$383.0M
$-47.2M
Gross Margin
20.2%
Operating Margin
23.1%
Net Margin
13.0%
-2.8%
Revenue YoY
9.0%
8.0%
Net Profit YoY
27.7%
29.2%
EPS (diluted)
$1.66
$-0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HLT
HLT
PII
PII
Q1 26
$2.9B
$1.7B
Q4 25
$3.1B
$1.9B
Q3 25
$3.1B
$1.8B
Q2 25
$3.1B
$1.9B
Q1 25
$2.7B
$1.5B
Q4 24
$2.8B
$1.8B
Q3 24
$2.9B
$1.7B
Q2 24
$3.0B
$2.0B
Net Profit
HLT
HLT
PII
PII
Q1 26
$383.0M
$-47.2M
Q4 25
$297.0M
$-303.6M
Q3 25
$420.0M
$-15.8M
Q2 25
$440.0M
$-79.3M
Q1 25
$300.0M
$-66.8M
Q4 24
$505.0M
$10.6M
Q3 24
$344.0M
$27.7M
Q2 24
$421.0M
$68.7M
Gross Margin
HLT
HLT
PII
PII
Q1 26
20.2%
Q4 25
20.0%
Q3 25
20.7%
Q2 25
19.4%
Q1 25
16.0%
Q4 24
20.4%
Q3 24
20.6%
Q2 24
21.6%
Operating Margin
HLT
HLT
PII
PII
Q1 26
23.1%
Q4 25
19.5%
-16.7%
Q3 25
24.9%
1.1%
Q2 25
24.8%
-0.7%
Q1 25
19.9%
-2.4%
Q4 24
17.6%
3.7%
Q3 24
21.7%
3.8%
Q2 24
24.6%
6.1%
Net Margin
HLT
HLT
PII
PII
Q1 26
13.0%
-2.8%
Q4 25
9.6%
-15.8%
Q3 25
13.5%
-0.9%
Q2 25
14.0%
-4.3%
Q1 25
11.1%
-4.3%
Q4 24
18.1%
0.6%
Q3 24
12.0%
1.6%
Q2 24
14.3%
3.5%
EPS (diluted)
HLT
HLT
PII
PII
Q1 26
$1.66
$-0.83
Q4 25
$1.27
$-5.34
Q3 25
$1.78
$-0.28
Q2 25
$1.84
$-1.39
Q1 25
$1.23
$-1.17
Q4 24
$2.05
$0.18
Q3 24
$1.38
$0.49
Q2 24
$1.67
$1.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HLT
HLT
PII
PII
Cash + ST InvestmentsLiquidity on hand
$282.0M
Total DebtLower is stronger
$12.4M
Stockholders' EquityBook value
$750.4M
Total Assets
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLT
HLT
PII
PII
Q1 26
$282.0M
Q4 25
$918.0M
$138.0M
Q3 25
$1.1B
$335.5M
Q2 25
$371.0M
$324.3M
Q1 25
$731.0M
$291.7M
Q4 24
$1.3B
$287.8M
Q3 24
$1.6B
$291.3M
Q2 24
$731.0M
$322.7M
Total Debt
HLT
HLT
PII
PII
Q1 26
$12.4M
Q4 25
$12.3B
$1.5B
Q3 25
$11.6B
$1.3B
Q2 25
$10.9B
$1.4B
Q1 25
$10.6B
$1.6B
Q4 24
$10.6B
$1.6B
Q3 24
$10.6B
$1.7B
Q2 24
$9.6B
$2.1B
Stockholders' Equity
HLT
HLT
PII
PII
Q1 26
$750.4M
Q4 25
$-5.4B
$828.4M
Q3 25
$-4.9B
$1.1B
Q2 25
$-4.6B
$1.2B
Q1 25
$-4.4B
$1.2B
Q4 24
$-3.7B
$1.3B
Q3 24
$-3.5B
$1.3B
Q2 24
$-3.1B
$1.3B
Total Assets
HLT
HLT
PII
PII
Q1 26
$5.2B
Q4 25
$16.8B
$4.9B
Q3 25
$16.6B
$5.3B
Q2 25
$15.9B
$5.4B
Q1 25
$16.0B
$5.5B
Q4 24
$16.5B
$5.5B
Q3 24
$16.7B
$5.6B
Q2 24
$15.7B
$5.7B
Debt / Equity
HLT
HLT
PII
PII
Q1 26
Q4 25
1.82×
Q3 25
1.13×
Q2 25
1.17×
Q1 25
1.32×
Q4 24
1.27×
Q3 24
1.29×
Q2 24
1.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HLT
HLT
PII
PII
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-342.5M
FCF MarginFCF / Revenue
-20.6%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$168.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLT
HLT
PII
PII
Q1 26
Q4 25
$203.0M
$178.7M
Q3 25
$816.0M
$158.8M
Q2 25
$658.0M
$320.3M
Q1 25
$452.0M
$83.2M
Q4 24
$582.0M
$206.3M
Q3 24
$664.0M
$21.0M
Q2 24
$421.0M
$146.3M
Free Cash Flow
HLT
HLT
PII
PII
Q1 26
$-342.5M
Q4 25
$173.0M
$114.0M
Q3 25
$787.0M
$116.7M
Q2 25
$635.0M
$279.8M
Q1 25
$433.0M
$47.6M
Q4 24
$534.0M
$137.3M
Q3 24
$647.0M
$-32.4M
Q2 24
$406.0M
$79.1M
FCF Margin
HLT
HLT
PII
PII
Q1 26
-20.6%
Q4 25
5.6%
5.9%
Q3 25
25.2%
6.3%
Q2 25
20.2%
15.1%
Q1 25
16.1%
3.1%
Q4 24
19.2%
7.8%
Q3 24
22.6%
-1.9%
Q2 24
13.8%
4.0%
Capex Intensity
HLT
HLT
PII
PII
Q1 26
0.3%
Q4 25
1.0%
3.4%
Q3 25
0.9%
2.3%
Q2 25
0.7%
2.2%
Q1 25
0.7%
2.3%
Q4 24
1.7%
3.9%
Q3 24
0.6%
3.1%
Q2 24
0.5%
3.4%
Cash Conversion
HLT
HLT
PII
PII
Q1 26
Q4 25
0.68×
Q3 25
1.94×
Q2 25
1.50×
Q1 25
1.51×
Q4 24
1.15×
19.46×
Q3 24
1.93×
0.76×
Q2 24
1.00×
2.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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