vs

Side-by-side financial comparison of Hilton Worldwide (HLT) and S&P Global (SPGI). Click either name above to swap in a different company.

S&P Global is the larger business by last-quarter revenue ($4.2B vs $2.9B, roughly 1.4× Hilton Worldwide). S&P Global runs the higher net margin — 36.1% vs 13.0%, a 23.0% gap on every dollar of revenue. On growth, S&P Global posted the faster year-over-year revenue change (10.0% vs 9.0%). Over the past eight quarters, S&P Global's revenue compounded faster (8.4% CAGR vs -0.2%).

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.

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

HLT vs SPGI — Head-to-Head

Bigger by revenue
SPGI
SPGI
1.4× larger
SPGI
$4.2B
$2.9B
HLT
Growing faster (revenue YoY)
SPGI
SPGI
+1.0% gap
SPGI
10.0%
9.0%
HLT
Higher net margin
SPGI
SPGI
23.0% more per $
SPGI
36.1%
13.0%
HLT
Faster 2-yr revenue CAGR
SPGI
SPGI
Annualised
SPGI
8.4%
-0.2%
HLT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HLT
HLT
SPGI
SPGI
Revenue
$2.9B
$4.2B
Net Profit
$383.0M
$1.5B
Gross Margin
Operating Margin
23.1%
48.0%
Net Margin
13.0%
36.1%
Revenue YoY
9.0%
10.0%
Net Profit YoY
27.7%
28.0%
EPS (diluted)
$1.66
$4.69

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
SPGI
SPGI
Q1 26
$2.9B
$4.2B
Q4 25
$3.1B
$3.9B
Q3 25
$3.1B
$3.9B
Q2 25
$3.1B
$3.8B
Q1 25
$2.7B
$3.8B
Q4 24
$2.8B
$3.6B
Q3 24
$2.9B
$3.6B
Q2 24
$3.0B
$3.5B
Net Profit
HLT
HLT
SPGI
SPGI
Q1 26
$383.0M
$1.5B
Q4 25
$297.0M
$1.1B
Q3 25
$420.0M
$1.2B
Q2 25
$440.0M
$1.1B
Q1 25
$300.0M
$1.1B
Q4 24
$505.0M
$879.0M
Q3 24
$344.0M
$971.0M
Q2 24
$421.0M
$1.0B
Gross Margin
HLT
HLT
SPGI
SPGI
Q1 26
Q4 25
70.1%
Q3 25
71.2%
Q2 25
70.2%
Q1 25
69.5%
Q4 24
69.8%
Q3 24
70.0%
Q2 24
69.4%
Operating Margin
HLT
HLT
SPGI
SPGI
Q1 26
23.1%
48.0%
Q4 25
19.5%
42.7%
Q3 25
24.9%
43.1%
Q2 25
24.8%
41.3%
Q1 25
19.9%
41.8%
Q4 24
17.6%
36.4%
Q3 24
21.7%
40.1%
Q2 24
24.6%
40.9%
Net Margin
HLT
HLT
SPGI
SPGI
Q1 26
13.0%
36.1%
Q4 25
9.6%
28.9%
Q3 25
13.5%
30.2%
Q2 25
14.0%
28.5%
Q1 25
11.1%
28.9%
Q4 24
18.1%
24.5%
Q3 24
12.0%
27.2%
Q2 24
14.3%
28.5%
EPS (diluted)
HLT
HLT
SPGI
SPGI
Q1 26
$1.66
$4.69
Q4 25
$1.27
$3.76
Q3 25
$1.78
$3.86
Q2 25
$1.84
$3.50
Q1 25
$1.23
$3.54
Q4 24
$2.05
$2.85
Q3 24
$1.38
$3.11
Q2 24
$1.67
$3.23

Balance Sheet & Financial Strength

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

Metric
HLT
HLT
SPGI
SPGI
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$12.4M
$13.3B
Stockholders' EquityBook value
$31.3B
Total Assets
$60.8B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLT
HLT
SPGI
SPGI
Q1 26
Q4 25
$918.0M
$1.8B
Q3 25
$1.1B
$1.7B
Q2 25
$371.0M
$1.8B
Q1 25
$731.0M
$1.5B
Q4 24
$1.3B
$1.7B
Q3 24
$1.6B
$1.7B
Q2 24
$731.0M
$2.0B
Total Debt
HLT
HLT
SPGI
SPGI
Q1 26
$12.4M
$13.3B
Q4 25
$12.3B
$13.1B
Q3 25
$11.6B
$11.4B
Q2 25
$10.9B
$11.4B
Q1 25
$10.6B
$11.4B
Q4 24
$10.6B
$11.4B
Q3 24
$10.6B
$11.4B
Q2 24
$9.6B
$11.4B
Stockholders' Equity
HLT
HLT
SPGI
SPGI
Q1 26
$31.3B
Q4 25
$-5.4B
$31.1B
Q3 25
$-4.9B
$33.1B
Q2 25
$-4.6B
$33.4B
Q1 25
$-4.4B
$33.4B
Q4 24
$-3.7B
$33.2B
Q3 24
$-3.5B
$34.0B
Q2 24
$-3.1B
$34.9B
Total Assets
HLT
HLT
SPGI
SPGI
Q1 26
$60.8B
Q4 25
$16.8B
$61.2B
Q3 25
$16.6B
$59.7B
Q2 25
$15.9B
$60.4B
Q1 25
$16.0B
$59.9B
Q4 24
$16.5B
$60.2B
Q3 24
$16.7B
$60.4B
Q2 24
$15.7B
$61.0B
Debt / Equity
HLT
HLT
SPGI
SPGI
Q1 26
0.43×
Q4 25
0.42×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.34×
Q4 24
0.34×
Q3 24
0.34×
Q2 24
0.33×

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
SPGI
SPGI
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$919.0M
FCF MarginFCF / Revenue
22.0%
Capex IntensityCapex / Revenue
0.3%
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$5.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLT
HLT
SPGI
SPGI
Q1 26
Q4 25
$203.0M
$1.7B
Q3 25
$816.0M
$1.5B
Q2 25
$658.0M
$1.4B
Q1 25
$452.0M
$953.0M
Q4 24
$582.0M
$1.7B
Q3 24
$664.0M
$1.4B
Q2 24
$421.0M
$1.6B
Free Cash Flow
HLT
HLT
SPGI
SPGI
Q1 26
$919.0M
Q4 25
$173.0M
$1.7B
Q3 25
$787.0M
$1.5B
Q2 25
$635.0M
$1.4B
Q1 25
$433.0M
$910.0M
Q4 24
$534.0M
$1.7B
Q3 24
$647.0M
$1.4B
Q2 24
$406.0M
$1.5B
FCF Margin
HLT
HLT
SPGI
SPGI
Q1 26
22.0%
Q4 25
5.6%
43.5%
Q3 25
25.2%
37.6%
Q2 25
20.2%
36.9%
Q1 25
16.1%
24.1%
Q4 24
19.2%
47.5%
Q3 24
22.6%
39.4%
Q2 24
13.8%
42.9%
Capex Intensity
HLT
HLT
SPGI
SPGI
Q1 26
0.3%
0.6%
Q4 25
1.0%
1.2%
Q3 25
0.9%
1.2%
Q2 25
0.7%
1.6%
Q1 25
0.7%
1.1%
Q4 24
1.7%
0.9%
Q3 24
0.6%
1.0%
Q2 24
0.5%
0.9%
Cash Conversion
HLT
HLT
SPGI
SPGI
Q1 26
Q4 25
0.68×
1.54×
Q3 25
1.94×
1.28×
Q2 25
1.50×
1.35×
Q1 25
1.51×
0.87×
Q4 24
1.15×
1.98×
Q3 24
1.93×
1.49×
Q2 24
1.00×
1.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HLT
HLT

Segment breakdown not available.

SPGI
SPGI

Ratings$1.3B31%
Market Intelligence$1.3B31%
Energy$652.0M16%
Indices$519.0M12%
Mobility$454.0M11%

Related Comparisons