Host Hotels & Resorts, Inc. (HST) Valuation — DCF, Graham & Comparables

Host Hotels & Resorts, Inc. (HST) — Price $25.30 (closing price, October 30, 2026) — Real Estate — REIT - Hotel & Motel — NASDAQ

Latest reported results:

Valuation dashboard for Host Hotels & Resorts, Inc. (HST) with P/E 17.21, P/B 2.74, EV/EBITDA 9.9 and dividend yield 6.60%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Real Estate companies.

Host Hotels & Resorts, Inc., a distinguished member of the S&P 500 index, stands as the world's foremost lodging real estate investment trust (REIT) and a leading proprietor of luxury and upper-upscale hotel properties. The company boasts an extensive portfolio comprising roughly 46,100 rooms distributed among 74 locations across the United States and five international sites.

What would it be worth at its usual multiples?

Versus its usual multiples: cheap · Current P/FFO 11.2× · Multiples range: $21.90 · $29.11.

At its 10-year average P/FFO (12.9×) $29 (+15 %); at the decade median (9.7×) $22 (-13 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Host Hotels & Resorts, Inc. reported revenue of $6.11B in the most recent fiscal year, growing at a 5-year CAGR of 30.4%.

Trailing-twelve-month margins: gross margin 15.8%, operating margin 14.4%, net margin 16.5%.

At $25.30 (closing price, October 30, 2026), HST trades at a P/E of 17.21 and an ROE of 15.54%. Market capitalisation stands at $17.3B, placing it among large-cap names.

Balance sheet quality for HST: debt-to-equity ratio of 0.88, current ratio of 2.77 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio17.21
Price / Book2.74
EV / EBITDA9.9
Dividend Yield6.60%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
HSTHost Hotels & Resorts, Inc.$17.3B17.212.7415.5%
RHPRyman Hospitality Properties, Inc.$9.1B32.4011.2336.4%
APLEApple Hospitality REIT, Inc.$4.4B25.031.395.6%
PKPark Hotels & Resorts Inc.$3.3B1.07-5.1%
DRHDiamondRock Hospitality Company$2.9B19.521.9210.3%
SHOSunstone Hotel Investors, Inc.$2.4B51.931.262.8%

Price

Price$25.30 (closing price, October 30, 2026)
Market Cap$17.3B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity15.54%
Return on Invested Capital6.84%
Return on Assets7.75%
Gross Margin15.76%
Operating Margin14.44%
Net Margin16.51%

Related companies: RHP · APLE · PK · DRH · SHO

Explore sector: Real Estate · REIT - Hotel & Motel

More sections of HST: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks