HGV - NYSE
Hilton Grand Vacations Inc.
$49.92
-1.2%Hilton 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.
At a Glance
Live SnapshotHilton Grand Vacations Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Acceptable margins but limited operational leverage. Operating expense control is important.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Effective Tax Rate
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Profitability Insight
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
Hilton Grand Vacations Inc. Income Statement
HGV • NYSE
| Hilton Grand Vacations Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||||
5B | 5B | 4B | 3.8B | 2.3B | 894M | 1.8B | 2B | 1.7B | 1.6B | 1.5B | 1.3B | 1.2B | |
GROSS PROFIT | |||||||||||||
(2.2B) | (2.1B) | (2.7B) | (2.6B) | (1.5B) | (742M) | (1.3B) | (1.3B) | (1.2B) | (1.1B) | (1B) | (884M) | (833M) | |
2.9B | 2.8B | 1.2B | 1.3B | 855M | 152M | 527M | 685M | 557M | 519M | 474M | 433M | 391M | |
OPERATING INCOME | |||||||||||||
(2.3B) | (2.1B) | (545M) | (580M) | (357M) | (152M) | (212M) | (251M) | (220M) | (196M) | (153M) | (120M) | (142M) | |
(2.1B) | (836M) | (194M) | (212M) | (151M) | (92M) | (212M) | (215M) | (191M) | (172M) | (131M) | (519M) | (520M) | |
561M | 697M | 684M | 695M | 498M | 0.0 | 315M | 434M | 337M | 323M | 321M | 313M | 249M | |
PRE-TAX INCOME | |||||||||||||
(311M) | (329M) | (178M) | (142M) | (105M) | (43M) | (43M) | (30M) | (27M) | (29M) | (29M) | (36M) | (48M) | |
-311M | -329M | -178M | -142M | -105M | -43M | -43M | -30M | -27M | -29M | -29M | -36M | -48M | |
(214M) | (1.3B) | (351M) | (368M) | (206M) | (60M) | (0.0) | -1M | (29M) | -1M | (22M) | (5M) | (16M) | |
-386M | -561M | -235M | -214M | -229M | -280M | -42M | -31M | -26M | -30M | -29M | -33M | -31M | |
175M | 136M | 449M | 481M | 269M | -280M | 273M | 403M | 311M | 293M | 292M | 280M | 218M | |
NET INCOME | |||||||||||||
(76M) | (76M) | (136M) | (129M) | (93M) | -79M | (57M) | (105M) | -16M | (125M) | (118M) | (113M) | (90M) | |
81M | 47M | 313M | 352M | 176M | -201M | 216M | 298M | 327M | 168M | 174M | 167M | 128M |
SEC Filings
HGV - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 06, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 30, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 30, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 17, 2026 | May 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 17, 2026 | March 16, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 26, 2026 | February 26, 2026 | 2026 | |
8-K 8-K 2025 N/A | October 30, 2025 | October 30, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 30, 2025 | September 30, 2025 | 2025 |
Related Guides
Continue your HGV research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.