What was the stock-based compensation for Caption By Hyatt in 2024?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
ember 31, 2024 | | December 31, 2023 | | | Long-lived assets: | | | | | | | United States | | $ 1,316 | $ | 2,001 | | | All foreign | | 701 | | 708 | | | Total | | $ 2,017 | $ | 2,709 | |
20. EARNINGS PER SHARE
The calculation of basic and diluted earnings per Class A and Class B share, including a reconciliation of the numerator and denominator, is as follows:
| Year Ended December 31, | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||||||||
| Numerator: | ||||||||||
| Net income | $ 1,296 | $ | 220 | $ | 455 | |||||
| Net income attributable to noncontrolling interests | — | — | — | |||||||
| Net income attributable to Hyatt Hotels Corporation | $ 1,296 | $ | 220 | $ | 455 | |||||
| Denominator: | ||||||||||
| Basic weighted-average shares outstanding (1) | 99,791,270 | 104,861,037 | 109,093,790 | |||||||
| Stock-based compensation | 2,632,830 | 2,865,924 | 2,171,149 | |||||||
| Diluted weighted-average shares outstanding (1) | 102,424,100 | 107,726,961 | 111,264,939 | |||||||
| Basic Earnings Per Class A and Class B Share: | ||||||||||
| Net income | $ 12.99 | $ | 2.10 | $ | 4.17 | |||||
| Net income attributable to noncontrolling interests | — | — | — | |||||||
| Net income attributable to Hyatt Hotels Corporation | $ 12.99 | $ | 2.10 | $ | 4.17 | |||||
| Diluted Earnings Per Class A and Class B Share: | ||||||||||
| Net income | $ 12.65 | $ | 2.05 | $ | 4.09 | |||||
| Net income attributable to noncontrolling interests | — | — | — | |||||||
| Net income attributable to Hyatt Hotels Corporation | $ |
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the stock-based compensation for the year ended December 31, 2024, was $2,632,830. This figure represents the expense recognized by Caption By Hyatt for stock-based compensation programs during that year. Stock-based compensation is a non-cash expense that reflects the value of stock options, restricted stock units (RSUs), or other equity-based awards granted to employees or executives.
For a prospective Caption By Hyatt franchisee, this information provides insight into the overall financial structure and compensation practices of the parent company, Hyatt Hotels Corporation. While franchisees are not directly impacted by these stock-based compensation expenses, understanding these figures can offer a broader view of the company's financial management and how it incentivizes its employees. This can be useful in assessing the long-term stability and strategic alignment of the franchise system.
It's important to note that stock-based compensation is just one component of the overall expenses incurred by Caption By Hyatt. Franchisees should focus on the financial performance of their individual units and the support provided by the franchisor, rather than being overly concerned with these corporate-level compensation details. However, reviewing these figures in conjunction with other financial metrics can contribute to a more comprehensive understanding of the franchisor's financial health and management practices.