Valuation, from the filing
| Public float | $10.41B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $15.13 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 13.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 1.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
13.6× earnings today, against a median of 17.7× across 8 years on record. Below its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $10.41B | 13.6× | |
| 2024-06-28 | $12.46B | 17.9× | |
| 2023-06-30 | $11.83B | 16.0× | |
| 2022-06-30 | $11.07B | 17.5× | |
| 2019-06-28 | $13,135.90T | 14278154.8× | |
| 2018-06-29 | $15,347.84T | 14119444.0× | |
| 2017-06-30 | $13.27B | 23.5× | |
| 2016-06-30 | $11.77B | 15.4× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Real Estate Investment Trusts filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| SBC / revenue | 0.4% | 7th | |
| Effective tax rate | 5.1% | 75th | |
| Revenue YoY growth | 7.6% | 71th | |
| Operating margin | 14.0% | 34th | |
| Net margin | 12.5% | 52th |
HOST HOTELS & RESORTS, INC. (HST) reported revenue of $6.22B and net income of $1.03B for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from HOST HOTELS & RESORTS, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $6.22B |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | $905.00M |
| Net income | $1.03B |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $1.09B |
| Income tax expense | $51.00M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | Unavailable |
| General & administrative | $125.00M |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $1.95B |
| Total assets | $13.25B |
| Current assets | Unavailable |
| Total liabilities | $6.64B |
| Current liabilities | Unavailable |
| Total equity incl. NCI | $6.39B |
| Temporary (mezzanine) equity | $226.00M |
| Inventory | Unavailable |
| Accounts receivable | Unavailable |
| Goodwill | Unavailable |
| Long-term debt | Unavailable |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $1.61B |
| Capital expenditures | Unavailable |
| Investing cash flow | $497.00M |
| Financing cash flow | -$761.00M |
| Net change in cash | $1.34B |
| Stock-based compensation | $27.00M |
| Common dividends paid | $652.00M |
| Common share repurchases | $75.00M |
| Depreciation & amortization | $787.00M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | Unavailable |
| Gross margin | Unavailable |
| Operating margin | 14.6% |
| FCF margin | Unavailable |
| SBC / revenue | 0.4% |
| Current ratio | Unavailable |
| Revenue YoY growth | 4.9% |
| Net margin | 16.5% |
| R&D / revenue | Unavailable |
| CapEx / revenue | Unavailable |
| Long-term debt / equity | Unavailable |
| Effective tax rate | 4.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HST in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.