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HGV logoHilton Grand Vacations Inc.(HGV)Earnings, Financials & Key Ratios

HGV•NYSE
$48.61
$3.95B mkt cap·54.6× P/E·Price updated May 6, 2026
SectorConsumer CyclicalIndustryCasinos & GamingSub-IndustryTimeshare and Vacation Ownership
AboutHilton Grand Vacations Inc., a timeshare company, develops, markets, sells, and manages vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing, and Resort Operations and Club Management. It sells vacation ownership intervals and vacation ownership interests; manages resorts and clubs; operates points-based vacation clubs and resort amenities; and finances and services loans provided to consumers for their timeshare purchases. The company also manages and operates the points-based Hilton Grand Vacations Club and Hilton Club exchange programs, and Diamond Clubs, which provide exchange, leisure travel, and reservation services to approximately 333,000 members, as well as engages in the rental of inventory made available due to ownership exchanges through its club programs. As of December 31, 2021, it had 154 properties located in the United States. The company was founded in 1992 and is headquartered in Orlando, Florida.Show more
  • Revenue$5.05B+1.3%
  • EBITDA$834M-13.6%
  • Net Income$81M+72.3%
  • EPS (Diluted)0.89+93.5%
  • Gross Margin56.69%-0.4%
  • EBITDA Margin16.52%-14.7%
  • Operating Margin11.12%-20.6%
  • Net Margin1.6%+70.1%
  • ROE4.86%+107.2%
  • ROIC5.01%-29.6%
  • Debt/Equity5.10+37.8%
  • Interest Coverage1.56+10.6%
Technical→

HGV Key Insights

Hilton Grand Vacations Inc. (HGV) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 41.4%
  • ✓Share count reduced 11.3% through buybacks

✗Weaknesses

  • ✗High debt to equity ratio of 5.1x

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

HGV Price & Volume

Hilton Grand Vacations Inc. (HGV) stock price & volume — 10-year historical chart

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HGV Growth Metrics

Hilton Grand Vacations Inc. (HGV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years13.09%
5 Years41.36%
3 Years9.59%
TTM4.24%

Profit CAGR

10 Years-7.36%
5 Years-
3 Years-38.72%
TTM25.16%

EPS CAGR

10 Years-6.59%
5 Years-
3 Years-32.78%
TTM43.95%

Return on Capital

10 Years13.01%
5 Years8.62%
3 Years7.63%
Last Year5.5%

HGV Recent Earnings

Hilton Grand Vacations Inc. (HGV) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/12 qtrs (25%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 30, 2026
EPS
$0.99
Est $0.56
+76.5%
Revenue
$1.3B
Est $1.3B
+1.0%
Q1 2026
Feb 26, 2026
EPS
$0.88
Est $1.05
-16.2%
Revenue
$1.3B
Est $1.4B
-3.2%
Q4 2025
Oct 30, 2025
EPS
$0.60
Est $1.01
-40.6%
Revenue
$1.3B
Est $1.4B
-5.6%
Q3 2025
Jul 31, 2025
EPS
$0.54
Est $0.78
-30.8%
Revenue
$1.3B
Est $1.4B
-7.5%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 30, 2026
$0.99vs $0.56+76.5%
$1.3Bvs $1.3B+1.0%
Q1 2026Feb 26, 2026
$0.88vs $1.05-16.2%
$1.3Bvs $1.4B-3.2%
Q4 2025Oct 30, 2025
$0.60vs $1.01-40.6%
$1.3Bvs $1.4B-5.6%
Q3 2025Jul 31, 2025
$0.54vs $0.78-30.8%
$1.3Bvs $1.4B-7.5%
Based on last 12 quarters of dataView full earnings history →

HGV Peer Comparison

Hilton Grand Vacations Inc. (HGV) competitors in Timeshare and Vacation Ownership — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
VAC logoVACMarriott Vacations Worldwide CorporationDirect Competitor2.68B78.26-8.861.31%-7.37%-15.31%2.89
TNL logoTNLTravel + Leisure Co.Direct Competitor4.06B64.9818.894.06%5.85%
SVC logoSVCService Properties TrustProduct Competitor265.49M1.58-1.30-4.33%-13.59%-38.18%8.48
HLT logoHLTHilton Worldwide Holdings Inc.Supply Chain73.19B321.5152.537.74%12.56%
MAR logoMARMarriott International, Inc.Supply Chain95.15B359.0637.844.33%11.89%
H logoHHyatt Hotels CorporationSupply Chain16.18B169.37-313.65116.96%-0.55%-0.91%1.31
IHG logoIHGInterContinental Hotels Group PLCSupply Chain21.9B145.5629.895.4%13.72%
ABNB logoABNBAirbnb, Inc.Supply Chain85.05B139.8834.7110.26%22.03%30.56%0.24

Compare HGV vs Peers

Hilton Grand Vacations Inc. (HGV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VAC

Most directly comparable listed peer for HGV.

Scale Benchmark

vs BKNG

Larger-name benchmark to compare HGV against a more recognizable public peer.

Peer Set

Compare Top 5

vs VAC, TNL, SVC, HLT

HGV Income Statement

Hilton Grand Vacations Inc. (HGV) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue1.71B2B1.84B894M2.33B3.83B3.98B4.98B5.05B5.18B
Revenue Growth %8.09%16.83%-8.05%-51.36%161.19%64.24%3.73%25.21%1.32%4.24%
Cost of Goods Sold1.15B1.31B1.31B742M1.48B2.56B2.75B2.15B2.19B2.24B
COGS % of Revenue67.45%65.73%71.33%83%63.38%66.75%69.11%43.08%43.31%-
Gross Profit
557M▲ 0%
685M▲ 23.0%
527M▼ 23.1%
152M▼ 71.2%
855M▲ 462.5%
1.27B▲ 49.1%
1.23B▼ 3.6%
2.83B▲ 130.7%
2.86B▲ 0.9%
2.95B▲ 0%
Gross Margin %32.55%34.27%28.67%17%36.62%33.25%30.89%56.92%56.69%56.85%
Gross Profit Growth %7.32%22.98%-23.07%-71.16%462.5%49.12%-3.61%130.68%0.92%-
Operating Expenses220M251M212M152M357M580M545M2.14B2.3B2.32B
OpEx % of Revenue12.86%12.56%11.53%17%15.29%15.12%13.7%42.92%45.57%-
Selling, General & Admin191M215M212M92M151M212M194M836M2.09B2.58B
SG&A % of Revenue11.16%10.76%11.53%10.29%6.47%5.53%4.88%16.78%41.33%-
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses29M-1M060M206M368M351M1.3B214M1000K
Operating Income
337M▲ 0%
434M▲ 28.8%
315M▼ 27.4%
0▼ 100.0%
498M▲ 0%
695M▲ 39.6%
684M▼ 1.6%
697M▲ 1.9%
561M▼ 19.5%
628M▲ 0%
Operating Margin %19.7%21.71%17.14%-21.33%18.12%17.19%13.99%11.12%12.11%
Operating Income Growth %4.33%28.78%-27.42%-100%-39.56%-1.58%1.9%-19.51%-
EBITDA366M470M366M-192M624M939M897M965M834M905M
EBITDA Margin %21.39%23.51%19.91%-21.48%26.72%24.48%22.55%19.37%16.52%17.46%
EBITDA Growth %5.48%28.42%-22.13%-152.46%425%50.48%-4.47%7.58%-13.58%2.72%
D&A (Non-Cash Add-back)29M36M51M45M126M244M213M268M273M277M
EBIT338M433M316M-237M374M623M627M465M486M1.04B
Net Interest Income-27M-30M-43M-43M-105M-142M-178M-329M-311M-777M
Interest Income0000000000
Interest Expense27M30M43M43M105M142M178M329M311M777M
Other Income/Expense-26M-31M-42M-280M-229M-214M-235M-561M-386M-373M
Pretax Income
311M▲ 0%
403M▲ 29.6%
273M▼ 32.3%
-280M▼ 202.6%
269M▲ 196.1%
481M▲ 78.8%
449M▼ 6.7%
136M▼ 69.7%
175M▲ 28.7%
255M▲ 0%
Pretax Margin %18.18%20.16%14.85%-31.32%11.52%12.54%11.29%2.73%3.47%4.92%
Income Tax-16M105M57M-79M93M129M136M76M76M46M
Effective Tax Rate %-5.14%26.05%20.88%28.21%34.57%26.82%30.29%55.88%43.43%18.04%
Net Income
327M▲ 0%
298M▼ 8.9%
216M▼ 27.5%
-201M▼ 193.1%
176M▲ 187.6%
352M▲ 100.0%
313M▼ 11.1%
47M▼ 85.0%
81M▲ 72.3%
199M▲ 0%
Net Margin %19.11%14.91%11.75%-22.48%7.54%9.18%7.87%0.94%1.6%3.84%
Net Income Growth %94.64%-8.87%-27.52%-193.06%187.56%100%-11.08%-84.98%72.34%25.16%
Net Income (Continuing)327M298M216M-201M176M352M313M60M99M209M
Discontinued Operations0000000000
Minority Interest0000000143M151M153M
EPS (Diluted)
3.28▲ 0%
3.04▼ 7.3%
2.42▼ 20.4%
-2.36▼ 197.5%
1.74▲ 173.7%
2.93▲ 68.4%
2.80▼ 4.4%
0.46▼ 83.6%
0.89▲ 93.5%
2.38▲ 0%
EPS Growth %92.94%-7.32%-20.39%-197.52%173.73%68.39%-4.44%-83.57%93.48%43.95%
EPS (Basic)3.303.072.43-2.361.762.982.840.460.90-
Diluted Shares Outstanding100M98M89.29M85.18M101.09M120M111.6M103.1M91.5M83.7M
Basic Shares Outstanding99M97M88.76M85.18M99.75M118M110.21M101.9M89.9M81.48M
Dividend Payout Ratio----------

HGV Balance Sheet

Hilton Grand Vacations Inc. (HGV) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets1.99B1.98B2.05B2.32B4.16B4.13B5.01B6.46B6.48B6.5B
Cash & Short-Term Investments246M108M67M526M432M223M589M328M571M552M
Cash Only246M108M67M526M432M223M589M328M571M552M
Short-Term Investments0000000000
Accounts Receivable1.18B1.27B1.33B1.09B2.06B2.29B2.62B3.35B3.38B274M
Days Sales Outstanding252.36232.44264.12446.25322.79218.43240.4245.48244.8186.25
Inventory509M527M558M702M1.24B1.16B1.4B2.24B2.52B2.54B
Days Inventory Outstanding160.99146.39155.35345.32305.81165.25185.89381.67421.1404.77
Other Current Assets51M72M85M0304M332M296M438M03.13B
Total Non-Current Assets395M773M1.03B813M3.84B3.88B3.67B4.99B5.06B5.44B
Property, Plant & Equipment238M559M838M553M826M874M819M876M931M940M
Fixed Asset Turnover7.19x3.58x2.19x1.62x2.83x4.39x4.86x5.69x5.42x5.60x
Goodwill00001.38B1.42B1.42B1.99B1.99B1.99B
Intangible Assets72M81M77M81M1.44B1.28B1.16B1.79B1.67B1.63B
Long-Term Investments41M38M44M51M59M72M71M73M111M332M
Other Non-Current Assets-205M-159M67M128M134M231M195M253M349M2.23B
Total Assets
2.38B▲ 0%
2.75B▲ 15.5%
3.08B▲ 11.8%
3.13B▲ 1.8%
8.01B▲ 155.5%
8B▼ 0.0%
8.69B▲ 8.5%
11.44B▲ 31.7%
11.54B▲ 0.8%
11.94B▲ 0%
Asset Turnover0.72x0.73x0.60x0.29x0.29x0.48x0.46x0.44x0.44x0.44x
Asset Growth %9.36%15.48%11.84%1.79%155.52%-0.05%8.51%31.74%0.83%9.15%
Total Current Liabilities552M520M425M596M866M1.15B1.14B1.32B1.25B1.5B
Accounts Payable45M51M24M20M63M83M144M180M58M1.27B
Days Payables Outstanding14.2314.176.689.8415.5411.8319.1230.629.68186.38
Short-Term Debt000227M000000
Deferred Revenue (Current)213M196M186M0237M190M215M252M01.19B
Other Current Liabilities156M157M77M224M138M139M151M160M937M233M
Current Ratio3.60x3.81x4.83x3.89x4.81x3.60x4.39x4.87x5.20x5.20x
Quick Ratio2.68x2.79x3.52x2.72x3.38x2.59x3.17x3.18x3.17x3.17x
Cash Conversion Cycle399.12364.66412.79781.73613.07371.84407.16596.54656.22404.65
Total Non-Current Liabilities1.31B1.62B2.08B2.16B5.15B4.71B5.43B8.22B8.85B9.08B
Long-Term Debt1.06B1.36B1.57B1.7B4.24B3.75B4.51B6.92B7.26B7.31B
Capital Lease Obligations0076M67M87M94M58M100M89M361M
Deferred Tax Liabilities249M254M259M137M670M659M631M925M864M3.58B
Other Non-Current Liabilities443M425M-127M0156M201M224M278M0463M
Total Liabilities1.87B2.14B2.51B2.76B6.02B5.85B6.57B9.55B10.1B10.59B
Total Debt1.06B1.36B1.65B1.99B4.33B3.85B4.59B7.02B7.35B7.39B
Net Debt819M1.25B1.58B1.47B3.9B3.62B4B6.69B6.78B6.84B
Debt / Equity2.06x2.21x2.90x5.33x2.18x1.79x2.17x3.70x5.10x5.10x
Debt / EBITDA2.91x2.90x4.51x-6.94x4.10x5.12x7.27x8.81x8.17x
Net Debt / EBITDA2.24x2.67x4.33x-6.24x3.86x4.46x6.93x8.13x8.13x
Interest Coverage12.52x14.43x7.35x-5.51x3.56x4.39x3.52x1.41x1.56x1.34x
Total Equity
518M▲ 0%
616M▲ 18.9%
570M▼ 7.5%
374M▼ 34.4%
1.99B▲ 431.6%
2.15B▲ 8.2%
2.12B▼ 1.7%
1.9B▼ 10.4%
1.44B▼ 24.0%
1.35B▲ 0%
Equity Growth %210.18%18.92%-7.47%-34.39%431.55%8.2%-1.67%-10.4%-24.01%-89.62%
Book Value per Share5.186.296.384.3919.6717.9318.9518.3815.7416.13
Total Shareholders' Equity518M616M570M374M1.99B2.15B2.12B1.75B1.29B1.2B
Common Stock1M1M1M1M1M1M1M1M1M1M
Retained Earnings355M441M390M181M357M529M593M352M34M-5M
Treasury Stock0000000000
Accumulated OCI-65M-83M00039M17M0-22M-25M
Minority Interest0000000143M151M153M

HGV Cash Flow Statement

Hilton Grand Vacations Inc. (HGV) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations356M-159M145M79M168M747M312M309M300M300M
Operating CF Margin %20.81%-7.95%7.89%8.84%7.19%19.48%7.84%6.2%5.94%-
Operating CF Growth %125.32%-144.66%191.19%-45.52%112.66%344.64%-58.23%-0.96%-2.91%187.23%
Net Income327M298M216M-201M176M352M313M60M53M199M
Depreciation & Amortization29M36M51M45M165M244M213M268M346M328M
Stock-Based Compensation15M16M22M15M48M46M40M47M64M40M
Deferred Taxes-129M20M3M-123M0-38M-23M-29M-56M-62M
Other Non-Cash Items63M-219M-84M260M-35M193M170M471M493M504M
Working Capital Changes51M-310M-63M83M-186M-50M-401M-508M-600M-596M
Change in Receivables-91M-159M-131M163M-124M-401M-305M-339M57M9M
Change in Inventory47M16M-4M-91M-18M100M-93M-84M-120M-188M
Change in Payables95M-24M-17M-56M0294M-86M21M-105M238M
Cash from Investing-87M-62M-65M-33M-1.63B-97M-158M-1.57B-146M-134M
Capital Expenditures-47M-63M-63M-31M-18M-97M-75M0-146M-134M
CapEx % of Revenue2.75%3.15%3.43%3.47%0.77%2.53%1.89%2.53%2.89%-
Acquisitions-40M1M-2M-2M-1.59B0-74M-1.44B00
Investments----------
Other Investing-7M-13M-26M-25M-21M0-9M-127M00
Cash from Financing-123M104M-108M328M1.64B-782M183M1.16B-338M-259M
Debt Issued (Net)-119M300M184M350M1.7B-494M559M1.66B259M345M
Equity Issued (Net)0-183M-287M-14M-6M-272M-382M-432M-572M-571M
Dividends Paid0000000000
Share Repurchases0-183M-283M-10M-6M-272M-368M-432M-600M-600M
Other Financing-4M-13M-5M-8M-59M-16M6M-76M-25M-33M
Net Change in Cash
146M▲ 0%
-117M▼ 180.1%
-28M▲ 76.1%
374M▲ 1435.7%
169M▼ 54.8%
-140M▼ 182.8%
330M▲ 335.7%
-119M▼ 136.1%
-195M▼ 63.9%
-18M▲ 0%
Free Cash Flow
309M▲ 0%
-222M▼ 171.8%
82M▲ 136.9%
48M▼ 41.5%
150M▲ 212.5%
650M▲ 333.3%
237M▼ 63.5%
183M▼ 22.8%
230M▲ 25.7%
328M▲ 0%
FCF Margin %18.06%-11.11%4.46%5.37%6.42%16.95%5.96%3.67%4.56%6.33%
FCF Growth %149.19%-171.84%136.94%-41.46%212.5%333.33%-63.54%-22.78%25.68%57.69%
FCF per Share3.09-2.270.920.561.485.422.121.772.512.51
FCF Conversion (FCF/Net Income)1.09x-0.53x0.67x-0.39x0.95x2.12x1.00x6.57x3.70x1.65x
Interest Paid42M49M63M64M113M177M0000
Taxes Paid57M153M74M54M0141M0000

HGV Key Ratios

Hilton Grand Vacations Inc. (HGV) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)95.47%52.56%36.43%-42.58%14.9%17.01%14.67%2.34%4.86%13.33%
Return on Invested Capital (ROIC)19.15%20.29%11.74%-9.67%8.94%8.63%7.11%5.01%5.01%
Gross Margin32.55%34.27%28.67%17%36.62%33.25%30.89%56.92%56.69%56.85%
Net Margin19.11%14.91%11.75%-22.48%7.54%9.18%7.87%0.94%1.6%3.84%
Debt / Equity2.06x2.21x2.90x5.33x2.18x1.79x2.17x3.70x5.10x5.10x
Interest Coverage12.52x14.43x7.35x-5.51x3.56x4.39x3.52x1.41x1.56x1.34x
FCF Conversion1.09x-0.53x0.67x-0.39x0.95x2.12x1.00x6.57x3.70x1.65x
Revenue Growth8.09%16.83%-8.05%-51.36%161.19%64.24%3.73%25.21%1.32%4.24%

HGV SEC Filings & Documents

Hilton Grand Vacations Inc. (HGV) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 30, 2026·SEC

Material company update

Mar 17, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 31, 2025·SEC

HGV Frequently Asked Questions

Hilton Grand Vacations Inc. (HGV) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Hilton Grand Vacations Inc. (HGV) reported $5.18B in revenue for fiscal year 2025. This represents a 294% increase from $1.32B in 2014.

Hilton Grand Vacations Inc. (HGV) grew revenue by 1.3% over the past year. Growth has been modest.

Yes, Hilton Grand Vacations Inc. (HGV) is profitable, generating $199.0M in net income for fiscal year 2025 (1.6% net margin).

Dividend & Returns

Hilton Grand Vacations Inc. (HGV) has a return on equity (ROE) of 4.9%. This is below average, suggesting room for improvement.

Hilton Grand Vacations Inc. (HGV) generated $328.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More HGV

Hilton Grand Vacations Inc. (HGV) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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