HGV · Hilton Grand Vacations Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B | - | $1.30B | $1.27B | $1.15B | - | $1.31B | $1.24B | $1.16B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $49.00M | - | $58.00M | $58.00M | $46.00M | - | $44.00M | $58.00M | $45.00M | - |
| Total Operating Expenses | $1.14B | - | $1.18B | $1.15B | $1.09B | - | $1.14B | $1.14B | $1.09B | - |
| D&A | $71.00M | - | $67.00M | $59.00M | $67.00M | - | $68.00M | $68.00M | $62.00M | - |
| Operating Income | $74.00M | - | $45.00M | $43.00M | ($6.00M) | - | $93.00M | $7.00M | ($13.00M) | - |
| Interest Expense | $73.00M | - | $79.00M | $79.00M | $79.00M | - | $84.00M | $44.00M | $79.00M | - |
| Income Tax | $6.00M | - | $15.00M | $15.00M | $6.00M | - | $61.00M | $3.00M | ($11.00M) | - |
| Net Income | $66.00M | - | $25.00M | $25.00M | ($17.00M) | - | $29.00M | $2.00M | ($4.00M) | - |
| EPS - Basic | $0.81 | - | $0.28 | $0.26 | ($0.17) | - | $0.28 | $0.02 | ($0.04) | - |
| EPS - Diluted | $0.79 | - | $0.28 | $0.25 | ($0.17) | - | $0.28 | $0.02 | ($0.04) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $261.00M | $239.00M | $215.00M | $269.00M | $259.00M | $328.00M | $297.00M | $328.00M | $355.00M | $589.00M |
| Accounts Receivable | $274.00M | $270.00M | $440.00M | $444.00M | $375.00M | $315.00M | $400.00M | $524.00M | $515.00M | $507.00M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $11.94B | $11.54B | $11.68B | $11.74B | $11.79B | $11.44B | $11.15B | $11.47B | $11.66B | $8.69B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $4.76B | $4.54B | $4.72B | $4.57B | $4.49B | $4.60B | $5.04B | $4.88B | $5.14B | $3.05B |
| Total Liabilities | $10.59B | $10.10B | $10.14B | $10.10B | $10.06B | $9.55B | $9.17B | $9.39B | $9.50B | $6.57B |
| Stockholders' Equity | $1.20B | $1.29B | $1.39B | $1.49B | $1.58B | $1.75B | $1.84B | $1.92B | $2.00B | $2.12B |
| Retained Earnings | ($5.00M) | $34.00M | $88.00M | $167.00M | $238.00M | $352.00M | $414.00M | $456.00M | $521.00M | $593.00M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $128.00M | - | - | - | $38.00M | - | - | - | $0 | - |
| Investing Cash Flow | ($20.00M) | - | - | - | ($32.00M) | - | - | - | ($1.47B) | - |
| Financing Cash Flow | ($122.00M) | - | - | - | ($201.00M) | - | - | - | $1.27B | - |
| CapEx | $6.00M | - | - | - | $14.00M | - | - | - | $10.00M | - |
| Free Cash Flow | $122.00M | - | - | - | $24.00M | - | - | - | ($10.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 5.8% | - | 3.5% | 3.4% | -0.5% | - | 7.1% | 0.6% | -1.1% | - |
| EBITDA margin | 11.3% | - | 8.6% | 8.1% | 5.3% | - | 12.3% | 6.1% | 4.2% | - |
| Net margin | 5.1% | - | 1.9% | 2.0% | -1.5% | - | 2.2% | 0.2% | -0.3% | - |
| Free cash flow margin | 9.5% | - | - | - | 2.1% | - | - | - | -0.9% | - |
| FCF / Net income | 1.85 | - | - | - | -1.41 | - | - | - | 2.50 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 3.8% | - | 4.5% | 4.6% | 4.0% | - | 3.4% | 4.7% | 3.9% | - |
| Effective tax rate | 8.3% | - | 37.5% | 37.5% | - | - | 67.8% | 60.0% | - | - |
| Return on assets | 0.6% | - | 0.2% | 0.2% | -0.1% | - | 0.3% | 0.0% | -0.0% | - |
| Return on equity | 5.5% | - | 1.8% | 1.7% | -1.1% | - | 1.6% | 0.1% | -0.2% | - |
| Return on invested capital | 1.1% | - | 0.5% | 0.4% | -0.1% | - | 0.7% | 0.1% | -0.1% | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 3.97 | 3.53 | 3.41 | 3.07 | 2.83 | 2.63 | 2.73 | 2.55 | 2.57 | 1.44 |
| Debt / Assets | 0.40 | 0.39 | 0.40 | 0.39 | 0.38 | 0.40 | 0.45 | 0.43 | 0.44 | 0.35 |
| Debt / EBITDA | 32.81 | - | 42.13 | 44.84 | 73.56 | - | 31.30 | 65.13 | 104.98 | - |
| Interest coverage | 1.0x | - | 0.6x | 0.5x | -0.1x | - | 1.1x | 0.2x | -0.2x | - |
| Equity multiplier | 9.97 | 8.95 | 8.43 | 7.88 | 7.45 | 6.53 | 6.05 | 5.98 | 5.82 | 4.11 |
| Liabilities / Assets | 0.89 | 0.88 | 0.87 | 0.86 | 0.85 | 0.83 | 0.82 | 0.82 | 0.81 | 0.76 |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | - | 0.11 | 0.11 | 0.10 | - | 0.12 | 0.11 | 0.10 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 78d | - | 124d | 128d | 119d | - | 112d | 155d | 163d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 49.5x | - | 149.3x | 166.1x | - | - | 129.7x | 2021.5x | - | - |
| P / B | 2.7x | - | 2.7x | 2.6x | 2.3x | - | 2.0x | 2.2x | 2.5x | - |
| P / S | 2.5x | - | 2.9x | 3.0x | 3.1x | - | 2.8x | 3.4x | 4.3x | - |
| EV / EBITDA | 53.6x | - | 73.8x | 79.7x | 127.9x | - | 52.5x | 117.0x | 199.0x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.9% | - | -0.5% | 2.5% | -0.7% | - | 28.3% | 22.6% | 23.8% | - |
| Revenue CAGR (3y) | 11.2% | - | 5.2% | 10.1% | 13.8% | - | 12.1% | 54.6% | 70.1% | - |
| Revenue CAGR (5y) | 40.5% | - | 44.3% | 59.4% | 26.7% | - | 22.9% | 22.2% | 20.8% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | -51.6% | 514.3% | 53.8% | - | -31.6% | -93.9% | - | - |
| Net income growth (YoY) | - | - | -13.8% | 1150.0% | -325.0% | - | -68.5% | -97.5% | - | - |
| EPS growth (YoY) | - | - | 0.0% | 1150.0% | -325.0% | - | -66.3% | -97.2% | - | - |
| EPS CAGR (3y) | 7.3% | - | -39.1% | -25.3% | - | - | -32.2% | -41.5% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | -13.8% | -45.9% | - | - |
| FCF growth (YoY) | 408.3% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | 14.9% | - | - | - | -13.7% | - | - | - | - | - |
| Book value growth (YoY) | -24.4% | -26.4% | -24.9% | -22.4% | -21.0% | -17.2% | -14.1% | -8.9% | -6.0% | -1.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$4.51B totalReal Estate Sales And Financing Segment$2.99B · 66.2%
Resort Operations And Club Management Segment$1.52B · 33.8%
Product / service
$7.08B totalSales Of Vacation Ownership Intervals Net$1.81B · 25.6%
Resort And Club Management$778.00M · 11.0%
Rental And Ancillary Service$746.00M · 10.5%
Rental$692.00M · 9.8%
Fee For Services Commissions Package Sales And Other Fees$664.00M · 9.4%
Cost Reimbursements$534.00M · 7.5%
Financing$513.00M · 7.2%
Interest Income Revenue$473.00M · 6.7%
Resort Management$457.00M · 6.5%
Club Management$321.00M · 4.5%
Ancillary Services$54.00M · 0.8%
Other Financing Revenue$40.00M · 0.6%
Peer comparison
Same SIC group: Hotels, Rooming Houses, Camps & Other Lodging Places
Comparing Hilton Grand Vacations Inc. against the 3 most active filers in the same SIC group.