REITResearch

Host Hotels & Resorts, Inc. HST

Listed / Traded Lodging & Resorts NASDAQ Mgmt:

Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 71 properties in the United States and five properties internationally totaling approximately 41,700 rooms. The Company also holds non-controlling interests in seven domestic joint ventures. Guided by a disciplined approach to capital allocation and aggressive asset management, the Company partners with premium brands such as Marriott®, Ritz-Carlton®, Westin®, W®, The Luxury Collection®, Hyatt®, Fairmont®, 1 Hotels®, Hilton®, Swissôtel®, ibis® and Novotel®, as well as independent brands.

Snapshot

Price
$24.62
Market cap
$16.86B
Enterprise value
$20.80B
Dividend yieldi
3.25%
Annual dividendi
$0.80
Frequency
Quarterly
FFO / sharei
$0.66 · Q1 2026
Adjusted FFO / sharei
$0.67 · Q1 2026
Net debt / EBITDAi
2.10x · Adj. EBITDA
Op. cash flow / sharei
$2.16
Price / OCFi
11.37
Payout (% of OCF)i
36.96%
Debt / book capitali
45.26%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / Adjusted FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-06) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-302026-06-302026-07-15 2026-05-06$0.92Special
2026-03-312026-03-312026-04-15 2026-02-18$0.20Quarterly
2025-12-312025-12-312026-01-15 2025-12-11$0.35Special
2025-09-302025-09-302025-10-15 2025-09-11$0.20Quarterly
2025-06-302025-06-302025-07-15 2025-06-12$0.20Quarterly
2025-03-312025-03-312025-04-15 2025-02-19$0.20Quarterly
2024-12-312024-12-312025-01-15 2024-12-11$0.40Special
2024-09-302024-09-302024-10-15 2024-09-12$0.20Quarterly
2024-06-282024-06-282024-07-15 2024-06-13$0.20Quarterly
2024-03-272024-03-282024-04-15 2024-02-22$0.20Quarterly
2023-12-282023-12-292024-01-16 2023-12-15$0.45Special
2023-09-282023-09-302023-10-16 2023-09-14$0.18Quarterly
2023-06-292023-06-302023-07-17 2023-06-14$0.15Quarterly
2023-03-302023-03-312023-04-17 2023-02-15$0.12Quarterly
2022-12-292022-12-302023-01-17 2022-12-15$0.32Special
2022-09-292022-09-302022-10-17 2022-08-03$0.12Quarterly
2022-06-292022-06-302022-07-15 2022-05-04$0.06Quarterly
2022-03-302022-03-312022-04-15 2022-02-16$0.03Quarterly
2020-03-302020-03-312020-04-15 2020-02-19$0.20Quarterly
2019-12-302019-12-312020-01-15 2019-12-13$0.25Quarterly
2019-09-272019-09-302019-10-15 2019-09-13$0.20Quarterly
2019-06-272019-06-282019-07-15 2019-06-14$0.20Quarterly
2019-03-282019-03-292019-04-15 2019-02-19$0.20Quarterly
2018-12-282018-12-312019-01-15 2018-12-14$0.25Quarterly

Coverage (payout of operating cash flow): 36.96%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Balance sheet (latest FY: 2025)

Total debt
$5.64B
Cash
$768.00M
Net debt / EBITDAi
1.87x
Debt / book capitali
45.26%
Total assets
$13.05B
Total equity
$6.56B

Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $6.11B $765.00M $795.00M $1.85B $1.50B
2024 $5.68B $697.00M $762.00M $1.70B $1.50B
2023 $5.31B $740.00M $697.00M $1.67B $1.44B
2022 $4.91B $633.00M $664.00M $1.49B $1.42B
2021 $2.89B $-11.00M $762.00M $851.00M $292.00M
2020 $1.62B $-732.00M $665.00M $-138.00M $-307.00M

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.