What was the net income for Caption By Hyatt as of December 31, 2024?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
| Net income | $ 1,296 $ 220 $ 455 | ||
|---|---|---|---|
| Other comprehensive income (loss), net of taxes: | |||
| Foreign currency translation adjustments, net of tax of $6, $(3), and $— for the years ended | (96) 46 4 | ||
| December 31, 2024, December 31, 2023, and December 31, 2022, respectively | |||
| (2) | 15 | (10) | |
| Derivative instrument adjustments, net of tax of $(1) for the years ended December 31, 2024, | 3 6 5 | ||
| December 31, 2023, and December 31, 2022 | |||
| Pension liabilities adjustments, net of tax of $—, $—, and $(1) for the years ended December | — | — | 4 |
| 31, 2024, December 31, 2023, and December 31, 2022, respectively | |||
| Other comprehensive income (loss) | (95) | 67 | 3 |
| Comprehensive income | 1,201 | 287 | 458 |
| Comprehensive loss attributable to noncontrolling interests | (1) | — | — |
| Comprehensive income attributable to Hyatt Hotels Corporation | $ 1,202 | $ 287 | $ 458 |
Source: Item 23 — Receipts (FDD pages 85–349)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the net income as of December 31, 2024, was $1,296. This figure represents the company's earnings after all expenses, including taxes, have been deducted from its revenues. It is a key indicator of Caption By Hyatt's profitability during that period.
In addition to net income, the document also provides figures for other comprehensive income (loss), which includes items such as foreign currency translation adjustments and derivative instrument adjustments. These adjustments, net of taxes, can impact the overall financial picture of Caption By Hyatt. For instance, foreign currency translation adjustments resulted in a loss of $96, while derivative instrument adjustments led to a loss of $2 for the year ended December 31, 2024.
Furthermore, the FDD specifies the comprehensive income, which combines net income and other comprehensive income (loss), totaling $1,201. After accounting for the comprehensive loss attributable to noncontrolling interests, the comprehensive income attributable to Hyatt Hotels Corporation is $1,202. These figures offer a more complete view of Caption By Hyatt's financial performance, considering various factors beyond just net income.