Hilton Grand Vacations (HGV) Financials

$39.17 -1.48 (-3.63%)

As of 01:35 PM Eastern

Annual Income Statements for Hilton Grand Vacations

This table shows Hilton Grand Vacations' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	47	313	352	282	-201	216	298	327	168	174
Consolidated Net Income / (Loss)	60	313	352	176	-201	216	298	327	168	174
Net Income / (Loss) Continuing Operations	60	313	352	282	-201	216	298	327	168	174
Total Pre-Tax Income	136	449	481	269	-280	273	403	311	293	292
Total Operating Income	458	613	611	496	-245	315	434	337	323	321
Total Gross Profit	927	1,023	1,084	775	101	477	587	470	439	1,196
Total Revenue	4,981	3,978	3,835	2,335	894	1,838	1,999	1,711	1,583	1,475
Operating Revenue	4,981	3,978	3,835	2,335	894	1,838	1,999	1,711	1,583	1,475
Total Cost of Revenue	4,054	2,955	2,751	1,560	793	1,361	1,412	1,241	1,144	279
Operating Cost of Revenue	4,054	2,955	2,751	1,560	793	1,361	1,412	1,241	1,144	279
Total Operating Expenses	469	410	473	279	346	162	153	133	116	875
Selling, General & Admin Expense	199	194	212	151	92	118	120	104	92	57
Depreciation Expense	268	213	244	126	45	44	33	29	24	22
Impairment Charge	2.00	3.00	17	2.00	209	0.00	0.00	-	-	-
Total Other Income / (Expense), net	-322	-164	-130	-121	-35	-42	-31	-26	-30	-29
Interest Expense	329	178	142	105	43	43	30	27	29	29
Interest & Investment Income	18	12	13	10	5.00	4.00	0.00	1.00	0.00	0.00
Other Income / (Expense), net	-11	2.00	-1.00	-26	3.00	-3.00	-1.00	0.00	-1.00	0.00
Income Tax Expense	76	136	129	93	-79	57	105	-16	125	118
Net Income / (Loss) Attributable to Noncontrolling Interest	13	0.00	0.00	-	-	-	-	-	-	-
Basic Earnings per Share	$0.46	$2.84	$2.98	$1.77	($2.36)	$2.43	$3.07	$3.30	$1.70	$1.76
Weighted Average Basic Shares Outstanding	95.28M	104.48M	112.18M	119.93M	85.24M	85.54M	97.10M	94.62M	-	-
Diluted Earnings per Share	$0.45	$2.80	$2.93	$1.75	($2.36)	$2.42	$3.05	$3.28	$1.70	$1.76
Weighted Average Diluted Shares Outstanding	95.28M	104.48M	112.18M	119.93M	85.24M	85.54M	97.10M	94.62M	-	-
Weighted Average Basic & Diluted Shares Outstanding	95.28M	104.48M	112.18M	119.93M	85.24M	85.54M	97.10M	94.62M	-	-

This table shows Hilton Grand Vacations' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-17	20	29	2.00	-4.00	68	92	80	73	78	150
Consolidated Net Income / (Loss)	-12	26	32	4.00	-2.00	68	92	80	73	78	150
Net Income / (Loss) Continuing Operations	-12	26	32	4.00	-2.00	68	92	80	73	78	150
Total Pre-Tax Income	-6.00	49	93	7.00	-13	108	136	115	90	92	204
Total Operating Income	60	134	164	94	66	149	180	154	130	127	237
Total Gross Profit	173	256	276	220	175	270	273	257	223	261	344
Total Revenue	1,148	1,284	1,306	1,235	1,156	1,019	1,018	1,007	934	992	1,116
Operating Revenue	1,148	1,284	1,306	1,235	1,156	1,019	1,018	1,007	934	992	1,116
Total Cost of Revenue	975	1,028	1,030	1,015	981	749	745	750	711	731	772
Operating Cost of Revenue	975	1,028	1,030	1,015	981	749	745	750	711	731	772
Total Operating Expenses	113	122	112	126	109	121	93	103	93	134	107
Selling, General & Admin Expense	46	52	44	58	45	64	40	48	42	54	50
Depreciation Expense	67	70	68	68	62	57	53	52	51	63	57
Impairment Charge	0.00	-	0.00	0.00	2.00	-	0.00	3.00	0.00	17	0.00
Total Other Income / (Expense), net	-66	-85	-71	-87	-79	-41	-44	-39	-40	-35	-33
Interest Expense	77	79	84	87	79	45	45	44	44	37	37
Interest & Investment Income	5.00	6.00	4.00	3.00	5.00	5.00	2.00	2.00	3.00	4.00	2.00
Other Income / (Expense), net	6.00	-12	9.00	-3.00	-5.00	-1.00	-1.00	3.00	1.00	-2.00	2.00
Income Tax Expense	6.00	23	61	3.00	-11	40	44	35	17	14	54
Net Income / (Loss) Attributable to Noncontrolling Interest	5.00	6.00	3.00	2.00	2.00	-	0.00	0.00	0.00	-	-
Basic Earnings per Share	($0.17)	$0.20	$0.28	$0.02	($0.04)	$0.63	$0.84	$0.72	$0.65	$0.71	$1.25
Weighted Average Basic Shares Outstanding	91.67M	95.28M	98.49M	101.50M	103.70M	104.48M	107.98M	110.05M	111.40M	112.18M	115.06M
Diluted Earnings per Share	($0.17)	$0.19	$0.28	$0.02	($0.04)	$0.62	$0.83	$0.71	$0.64	$0.67	$1.24
Weighted Average Diluted Shares Outstanding	91.67M	95.28M	98.49M	101.50M	103.70M	104.48M	107.98M	110.05M	111.40M	112.18M	115.06M
Weighted Average Basic & Diluted Shares Outstanding	91.67M	95.28M	98.49M	101.50M	103.70M	104.48M	107.98M	110.05M	111.40M	112.18M	115.06M

This table details how cash moves in and out of Hilton Grand Vacations' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-119	330	-140	169	374	-28	-117	146	72	15
Net Cash From Operating Activities	309	312	747	168	79	143	-164	356	182	152
Net Cash From Continuing Operating Activities	309	312	747	168	79	143	-164	356	182	152
Net Income / (Loss) Continuing Operations	60	313	352	176	-201	216	298	327	168	174
Consolidated Net Income / (Loss)	60	313	352	176	-201	216	298	327	168	174
Depreciation Expense	268	213	244	126	45	44	33	29	24	22
Amortization Expense	83	33	52	39	18	17	10	5.00	5.00	5.00
Non-Cash Adjustments To Reconcile Net Income	314	206	224	136	259	-59	-211	72	50	39
Changes in Operating Assets and Liabilities, net	-416	-453	-125	-309	-42	-75	-294	-77	-65	-88
Net Cash From Investing Activities	-1,571	-158	-97	-1,631	-33	-63	-57	-87	-34	-18
Net Cash From Continuing Investing Activities	-1,571	-158	-97	-1,631	-33	-63	-57	-87	-34	-18
Purchase of Property, Plant & Equipment	-126	-75	-97	-39	-31	-61	-58	-47	-34	-18
Acquisitions	-1,444	-74	0.00	-1,592	0.00	0.00	-	-	-	-
Other Investing Activities, net	-1.00	-9.00	0.00	0.00	-	-	-	-	-	-
Net Cash From Financing Activities	1,156	183	-782	1,636	328	-108	104	-123	-76	-119
Net Cash From Continuing Financing Activities	1,156	183	-782	1,636	328	-108	104	-123	-76	-119
Repayment of Debt	-3,007	-1,078	-1,318	-1,586	-651	-674	-905	-474	-9.00	-125
Repurchase of Common Equity	-432	-368	-272	0.00	-10	-283	-183	0.00	0.00	-
Payment of Dividends	-10	0.00	0.00	-	-	-	-	-	-	-2.00
Issuance of Debt	4,607	1,626	809	3,214	990	850	1,193	350	500	-87
Issuance of Common Equity	12	8.00	5.00	1.00	2.00	3.00	0.00	0.00	-	-
Other Financing Activities, net	-14	-5.00	-6.00	7.00	-3.00	-4.00	-1.00	1.00	-567	95
Effect of Exchange Rate Changes	-13	-7.00	-8.00	-4.00	0.00	0.00	-	-	-	-

This table details how cash moves in and out of Hilton Grand Vacations' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-195	225	-60	-77	-207	350	-53	-164	197	-189	78
Net Cash From Operating Activities	38	105	91	113	0.00	-	92	194	26	-16	233
Net Cash From Continuing Operating Activities	38	105	91	113	0.00	-	92	194	26	-16	233
Net Income / (Loss) Continuing Operations	-12	26	32	4.00	-2.00	68	92	80	73	78	150
Consolidated Net Income / (Loss)	-12	26	32	4.00	-2.00	68	92	80	73	78	150
Depreciation Expense	67	70	68	68	62	57	53	52	51	63	57
Amortization Expense	19	-13	33	38	25	11	8.00	7.00	7.00	18	9.00
Non-Cash Adjustments To Reconcile Net Income	43	60	111	101	42	45	35	68	58	68	48
Changes in Operating Assets and Liabilities, net	-79	-38	-153	-98	-127	-181	-96	-13	-163	-243	-31
Net Cash From Investing Activities	-32	-57	-32	-9.00	-1,473	-111	-22	-14	-11	-46	-16
Net Cash From Continuing Investing Activities	-32	-57	-32	-9.00	-1,473	-111	-22	-14	-11	-46	-16
Purchase of Property, Plant & Equipment	-32	-57	-32	-18	-19	-28	-22	-14	-11	-46	-16
Acquisitions	0.00	-	-	10	-1,454	-74	-	-	0.00	-	-
Net Cash From Financing Activities	-201	185	-130	-171	1,272	453	-118	-335	183	-138	-126
Net Cash From Continuing Financing Activities	-201	185	-130	-171	1,272	453	-118	-335	183	-138	-126
Repayment of Debt	-1,439	-1,154	-172	-717	-964	-171	-351	-220	-336	-170	-311
Repurchase of Common Equity	-150	-125	-108	-100	-99	-100	-62	-121	-85	-110	-84
Issuance of Debt	1,395	1,462	155	640	2,350	720	293	-	613	138	269
Other Financing Activities, net	-7.00	-	-	1.00	-15	-	2.00	2.00	-9.00	1.00	-
Effect of Exchange Rate Changes	0.00	-8.00	11	-10	-6.00	8.00	-5.00	-9.00	-1.00	11	-13

This table presents Hilton Grand Vacations' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Total Assets	11,442	8,685	8,004	8,008	3,134	3,079	2,753	2,384	2,180
Total Current Assets	6,331	4,905	3,992	997	2,321	2,040	1,980	1,989	1,812
Cash & Equivalents	328	589	223	432	428	67	108	246	48
Restricted Cash	438	296	332	263	98	85	72	51	103
Note & Lease Receivable	3,006	2,113	1,767	-	974	1,156	1,120	1,071	1,025
Accounts Receivable	315	507	511	302	119	174	153	112	123
Inventories, net	2,244	1,400	1,159	-	702	558	527	509	513
Plant, Property, & Equipment, net	792	758	798	756	501	838	559	238	256
Total Noncurrent Assets	4,319	3,022	3,214	6,255	312	201	214	157	112
Long-Term Investments	73	71	72	59	51	44	38	41	0.00
Goodwill	1,985	1,418	1,416	1,377	0.00	-	-	-	-
Intangible Assets	1,787	1,158	1,277	1,441	81	77	81	72	70
Other Noncurrent Operating Assets	474	375	449	1,631	180	80	95	44	42
Total Liabilities & Shareholders' Equity	11,442	8,685	8,004	8,008	3,134	3,079	2,753	2,384	2,180
Total Liabilities	9,547	6,570	5,853	6,020	2,760	2,509	2,137	1,866	2,013
Total Current Liabilities	1,377	1,167	1,197	673	514	484	419	339	440
Accounts Payable	1,125	952	1,007	673	252	298	324	339	231
Current Deferred Revenue	252	215	190	-	262	186	95	-	106
Total Noncurrent Liabilities	8,170	5,403	4,656	5,347	2,246	2,025	1,718	1,527	1,573
Long-Term Debt	6,919	4,515	3,753	4,241	1,925	1,575	1,363	1,065	1,184
Noncurrent Deferred & Payable Income Tax Liabilities	925	631	659	670	137	259	254	249	389
Other Noncurrent Operating Liabilities	326	257	244	199	184	115	101	104	-
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,895	2,115	2,151	1,988	374	570	616	518	167
Total Preferred & Common Equity	1,752	2,115	2,151	1,988	374	570	616	518	167
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,752	2,115	2,151	1,988	374	570	616	518	167
Common Stock	1,400	1,505	1,583	1,631	193	180	175	163	139
Retained Earnings	352	593	529	357	181	390	441	355	28
Accumulated Other Comprehensive Income / (Loss)	0.00	17	39	0.00	0.00	-	-	-	-
Noncontrolling Interest	143	0.00	-	-	-	-	-	-	-

This table presents Hilton Grand Vacations' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	11,789	11,154	11,467	11,664	8,009	8,151	8,478	8,046
Total Current Assets	6,230	6,193	6,030	6,028	976	1,073	1,255	1,142
Cash & Equivalents	259	297	328	355	227	252	389	425
Restricted Cash	311	244	273	323	308	336	363	319
Note & Lease Receivable	2,986	3,009	2,976	3,030	-	-	-	-
Accounts Receivable	375	400	524	515	441	485	503	398
Inventories, net	2,299	2,243	1,929	1,805	-	-	-	-
Plant, Property, & Equipment, net	861	652	902	953	789	807	797	776
Total Noncurrent Assets	4,698	4,309	4,535	4,683	6,244	6,271	6,426	6,128
Long-Term Investments	72	73	78	78	74	72	75	69
Goodwill	1,985	1,960	1,933	1,943	1,416	1,416	1,416	1,416
Intangible Assets	1,800	1,794	1,887	1,927	1,186	1,213	1,244	1,318
Other Noncurrent Operating Assets	841	482	637	735	1,747	1,792	1,937	1,582
Total Liabilities & Shareholders' Equity	11,789	11,154	11,467	11,664	8,009	8,151	8,478	8,046
Total Liabilities	10,058	9,167	9,387	9,500	5,861	6,046	6,346	5,889
Total Current Liabilities	1,860	1,270	1,480	1,558	942	1,043	1,089	978
Accounts Payable	1,340	1,057	1,159	1,176	942	1,043	1,089	978
Current Deferred Revenue	520	213	321	382	-	-	-	-
Total Noncurrent Liabilities	8,198	7,897	7,907	7,942	4,919	5,003	5,257	4,911
Long-Term Debt	6,934	6,603	6,610	6,678	3,768	3,824	4,035	3,773
Noncurrent Deferred & Payable Income Tax Liabilities	929	967	972	980	657	658	656	703
Other Noncurrent Operating Liabilities	335	327	325	284	265	268	262	212
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,731	1,987	2,080	2,164	2,148	2,105	2,132	2,157
Total Preferred & Common Equity	1,583	1,845	1,918	2,004	2,148	2,105	2,132	2,157
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,583	1,845	1,918	2,004	2,148	2,105	2,132	2,157
Common Stock	1,352	1,429	1,457	1,468	1,536	1,542	1,560	1,608
Retained Earnings	238	414	456	521	588	539	543	517
Accumulated Other Comprehensive Income / (Loss)	-7.00	2.00	5.00	15	24	24	29	32
Noncontrolling Interest	148	142	162	160	-	-	-	-

This table displays calculated financial ratios and metrics derived from Hilton Grand Vacations' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	25.21%	3.73%	64.24%	161.19%	-51.36%	-8.05%	16.83%	8.09%	7.32%	0.00%
EBITDA Growth	-7.32%	-4.97%	42.68%	454.75%	-147.99%	-21.64%	28.30%	5.70%	0.86%	0.00%
EBIT Growth	-27.32%	0.82%	29.79%	294.21%	-177.56%	-27.94%	28.49%	4.66%	0.31%	0.00%
NOPAT Growth	-52.72%	-4.43%	37.78%	289.22%	-168.81%	-22.34%	-9.43%	91.33%	-3.18%	0.00%
Net Income Growth	-80.83%	-11.08%	100.00%	187.56%	-193.19%	-27.65%	-8.77%	94.95%	-3.72%	0.00%
EPS Growth	-83.93%	-4.44%	67.43%	174.15%	-197.52%	-20.66%	-7.01%	92.94%	-3.41%	0.00%
Operating Cash Flow Growth	-0.96%	-58.23%	344.64%	112.66%	-44.76%	187.20%	-146.07%	95.60%	19.74%	0.00%
Free Cash Flow Firm Growth	-7,021.45%	-95.30%	118.82%	-2,707.21%	990.36%	-104.60%	255.29%	79.64%	0.00%	0.00%
Invested Capital Growth	40.55%	7.52%	-3.62%	217.94%	-14.96%	14.99%	0.00%	46.75%	0.00%	0.00%
Revenue Q/Q Growth	5.62%	0.68%	4.18%	36.63%	-22.26%	-8.65%	10.81%	1.91%	0.00%	0.00%
EBITDA Q/Q Growth	-4.43%	-6.21%	-12.12%	477.27%	-254.31%	-18.02%	22.68%	3.06%	0.00%	0.00%
EBIT Q/Q Growth	-5.50%	-6.68%	-17.68%	11,650.00%	-565.38%	-21.41%	23.71%	3.37%	0.00%	0.00%
NOPAT Q/Q Growth	-18.33%	-12.94%	-12.00%	1,915.65%	-649.68%	-15.04%	-18.68%	76.77%	0.00%	0.00%
Net Income Q/Q Growth	-41.18%	-3.10%	0.75%	428.39%	-896.61%	-18.38%	-17.33%	80.18%	0.00%	0.00%
EPS Q/Q Growth	-48.86%	-1.75%	-5.18%	296.63%	-974.07%	-14.49%	-16.44%	78.26%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	51.47%	5.41%	-16.54%	479.31%	-4.82%	-23.53%	-10.81%	2.30%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	13.32%	-89.92%	-27.03%	5.34%	421.83%	-115.17%	307.90%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-0.01%	6.92%	3.13%	-0.33%	-7.17%	9.52%	6.53%	59.51%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	18.61%	25.72%	28.27%	33.19%	11.30%	25.95%	29.36%	27.47%	27.73%	81.08%
EBITDA Margin	16.02%	21.64%	23.62%	27.19%	-20.02%	20.29%	23.81%	21.68%	22.17%	23.59%
Operating Margin	9.19%	15.41%	15.93%	21.24%	-27.40%	17.14%	21.71%	19.70%	20.40%	21.76%
EBIT Margin	8.97%	15.46%	15.91%	20.13%	-27.07%	16.98%	21.66%	19.70%	20.34%	21.76%
Profit (Net Income) Margin	1.20%	7.87%	9.18%	7.54%	-22.48%	11.74%	14.91%	19.10%	10.59%	11.80%
Tax Burden Percent	44.12%	69.71%	73.18%	65.43%	71.79%	79.01%	73.98%	105.07%	57.21%	59.62%
Interest Burden Percent	30.43%	73.01%	78.85%	57.23%	115.70%	87.50%	93.07%	92.28%	90.99%	90.97%
Effective Tax Rate	55.88%	30.29%	26.82%	34.57%	0.00%	20.88%	26.05%	-5.14%	42.66%	40.41%
Return on Invested Capital (ROIC)	2.96%	7.80%	8.32%	9.02%	-9.15%	13.17%	18.22%	23.93%	30.87%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.01%	4.38%	5.44%	2.87%	-11.26%	10.59%	16.23%	21.40%	27.46%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.03%	6.87%	8.69%	5.88%	-33.43%	23.21%	30.17%	59.53%	169.87%	0.00%
Return on Equity (ROE)	2.99%	14.67%	17.01%	14.90%	-42.58%	36.37%	48.40%	83.47%	200.74%	0.00%
Cash Return on Invested Capital (CROIC)	-30.76%	0.55%	12.00%	-95.28%	7.02%	-0.78%	18.22%	-13.96%	-169.13%	0.00%
Operating Return on Assets (OROA)	4.44%	7.37%	7.62%	8.44%	-7.79%	10.70%	15.73%	13.66%	14.77%	0.00%
Return on Assets (ROA)	0.60%	3.75%	4.40%	3.16%	-6.47%	7.40%	10.83%	13.25%	7.69%	0.00%
Return on Common Equity (ROCE)	2.89%	14.67%	17.01%	14.90%	-42.58%	36.37%	48.40%	83.47%	200.74%	0.00%
Return on Equity Simple (ROE_SIMPLE)	3.42%	14.80%	16.36%	8.85%	-53.74%	37.84%	48.40%	53.05%	100.37%	0.00%
Net Operating Profit after Tax (NOPAT)	202	427	447	325	-172	249	321	354	185	191
NOPAT Margin	4.06%	10.74%	11.66%	13.90%	-19.18%	13.56%	16.05%	20.71%	11.70%	12.97%
Net Nonoperating Expense Percent (NNEP)	2.95%	3.42%	2.88%	6.14%	2.10%	2.58%	1.99%	2.53%	3.40%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	2.29%	6.45%	7.57%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	81.39%	74.28%	71.73%	66.81%	88.70%	74.05%	70.64%	72.53%	72.27%	18.92%
SG&A Expenses to Revenue	4.00%	4.88%	5.53%	6.47%	10.29%	6.42%	6.00%	6.08%	5.81%	3.86%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	9.42%	10.31%	12.33%	11.95%	38.70%	8.81%	7.65%	7.77%	7.33%	59.32%
Earnings before Interest and Taxes (EBIT)	447	615	610	470	-242	312	433	337	322	321
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	798	861	906	635	-179	373	476	371	351	348
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.19	2.05	2.06	3.14	7.13	5.16	4.15	6.75	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	9.11	5.96	4.78	7.77	0.00	0.00
Price to Revenue (P/Rev)	0.77	1.09	1.16	2.67	2.98	1.60	1.28	2.43	0.00	0.00
Price to Earnings (P/E)	81.62	13.86	12.60	22.14	0.00	13.63	8.58	12.72	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.23%	7.21%	7.94%	4.52%	0.00%	7.34%	11.66%	7.86%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.26	1.39	1.43	1.78	2.33	2.17	2.10	3.01	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.02	1.99	1.97	4.17	4.49	2.39	1.85	3.10	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	12.61	9.17	8.34	15.33	0.00	11.78	7.78	14.29	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	22.50	12.84	12.39	20.71	0.00	14.08	8.55	15.73	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	49.78	18.48	16.91	29.99	0.00	17.63	11.54	14.96	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	32.55	25.31	10.12	57.93	50.84	30.73	0.00	14.89	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	260.44	11.72	0.00	30.54	0.00	11.54	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	3.65	2.13	1.74	2.13	5.15	2.90	2.21	2.21	7.09	0.00
Long-Term Debt to Equity	3.65	2.13	1.74	2.13	5.15	2.90	2.21	2.21	7.09	0.00
Financial Leverage	2.40	1.57	1.60	2.05	2.97	2.19	1.86	2.78	6.19	0.00
Leverage Ratio	5.02	3.91	3.87	4.72	6.58	4.92	4.47	6.30	13.05	0.00
Compound Leverage Factor	1.53	2.86	3.05	2.70	7.62	4.30	4.16	5.81	11.88	0.00
Debt to Total Capital	78.50%	68.10%	63.57%	68.08%	83.73%	74.34%	68.87%	68.87%	87.64%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	78.50%	68.10%	63.57%	68.08%	83.73%	74.34%	68.87%	68.87%	87.64%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	19.88%	31.90%	36.43%	31.92%	16.27%	25.66%	31.13%	31.13%	12.36%	0.00%
Debt to EBITDA	8.67	5.24	4.14	6.68	-10.75	4.43	2.86	3.67	3.37	0.00
Net Debt to EBITDA	7.62	4.13	3.45	5.49	-7.53	3.90	2.41	3.09	2.94	0.00
Long-Term Debt to EBITDA	8.67	5.24	4.14	6.68	-10.75	4.43	2.86	3.67	3.37	0.00
Debt to NOPAT	34.24	10.57	8.39	13.07	-11.22	6.62	4.25	3.85	6.39	0.00
Net Debt to NOPAT	30.09	8.33	6.99	10.75	-7.86	5.84	3.57	3.23	5.58	0.00
Long-Term Debt to NOPAT	34.24	10.57	8.39	13.07	-11.22	6.62	4.25	3.85	6.39	0.00
Altman Z-Score	1.37	1.70	1.70	1.22	1.38	2.42	2.87	3.14	0.00	0.00
Noncontrolling Interest Sharing Ratio	3.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.60	4.20	3.34	1.48	4.52	4.21	4.73	6.11	4.12	0.00
Quick Ratio	2.65	2.75	2.09	1.09	2.96	2.89	3.30	4.26	2.72	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2,099	30	645	-3,428	132	-15	321	-207	-1,015	0.00
Operating Cash Flow to CapEx	245.24%	416.00%	770.10%	430.77%	254.84%	234.43%	-282.76%	757.45%	535.29%	844.44%
Free Cash Flow to Firm to Interest Expense	-6.38	0.17	4.54	-32.65	3.06	-0.34	10.70	-7.65	-34.99	0.00
Operating Cash Flow to Interest Expense	0.94	1.75	5.26	1.60	1.84	3.33	-5.47	13.19	6.28	5.24
Operating Cash Flow Less CapEx to Interest Expense	0.56	1.33	4.58	1.23	1.12	1.91	-7.40	11.44	5.10	4.62
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.50	0.48	0.48	0.42	0.29	0.63	0.73	0.69	0.73	0.00
Accounts Receivable Turnover	12.12	7.82	9.43	11.09	6.10	11.24	13.07	12.40	12.87	0.00
Inventory Turnover	2.23	2.31	0.00	0.00	1.26	2.51	2.68	2.39	2.23	0.00
Fixed Asset Turnover	6.43	5.11	4.94	3.72	1.34	2.63	3.58	4.20	6.18	0.00
Accounts Payable Turnover	3.90	3.02	3.28	3.37	2.88	4.38	4.36	4.47	4.95	0.00
Days Sales Outstanding (DSO)	30.12	46.70	38.69	32.90	59.81	32.47	27.94	29.44	28.36	0.00
Days Inventory Outstanding (DIO)	164.04	158.04	0.00	0.00	289.97	145.49	136.23	152.94	163.68	0.00
Days Payable Outstanding (DPO)	93.50	120.99	111.45	108.21	126.58	83.41	83.75	81.62	73.70	0.00
Cash Conversion Cycle (CCC)	100.66	83.76	-72.76	-75.31	223.21	94.55	80.41	100.76	118.33	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,975	5,674	5,277	5,475	1,722	2,025	1,761	1,761	1,200	0.00
Invested Capital Turnover	0.73	0.73	0.71	0.65	0.48	0.97	1.14	1.16	2.64	0.00
Increase / (Decrease) in Invested Capital	2,301	397	-198	3,753	-303	264	0.00	561	1,200	0.00
Enterprise Value (EV)	10,059	7,898	7,560	9,732	4,016	4,394	3,702	5,302	0.00	0.00
Market Capitalization	3,836	4,339	4,434	6,245	2,668	2,939	2,557	4,157	0.00	0.00
Book Value per Share	$17.79	$19.59	$18.70	$16.59	$4.39	$6.67	$6.36	$6.22	$0.00	$0.00
Tangible Book Value per Share	($20.51)	($4.27)	($4.71)	($6.93)	$3.44	$5.77	$5.52	$5.40	$0.00	$0.00
Total Capital	8,814	6,630	5,904	6,229	2,299	2,221	1,979	1,979	1,351	0.00
Total Debt	6,919	4,515	3,753	4,241	1,925	1,651	1,363	1,363	1,184	0.00
Total Long-Term Debt	6,919	4,515	3,753	4,241	1,925	1,651	1,363	1,363	1,184	0.00
Net Debt	6,080	3,559	3,126	3,487	1,348	1,455	1,145	1,145	1,033	0.00
Capital Expenditures (CapEx)	126	75	97	39	31	61	58	47	34	18
Debt-free, Cash-free Net Working Capital (DFCFNWC)	4,188	2,853	2,240	-371	1,281	1,404	1,381	1,476	1,221	0.00
Debt-free Net Working Capital (DFNWC)	4,954	3,738	2,795	324	1,807	1,556	1,561	1,656	1,372	0.00
Net Working Capital (NWC)	4,954	3,738	2,795	324	1,807	1,556	1,561	1,656	1,372	0.00
Net Nonoperating Expense (NNE)	142	114	95	149	30	34	23	28	18	17
Net Nonoperating Obligations (NNO)	6,080	3,559	3,126	3,487	1,348	1,455	1,145	1,145	1,033	0.00
Total Depreciation and Amortization (D&A)	351	246	296	165	63	61	43	34	29	27
Debt-free, Cash-free Net Working Capital to Revenue	84.08%	71.72%	58.41%	-15.89%	143.29%	76.39%	69.08%	86.27%	77.13%	0.00%
Debt-free Net Working Capital to Revenue	99.46%	93.97%	72.88%	13.88%	202.13%	84.66%	78.09%	96.79%	86.67%	0.00%
Net Working Capital to Revenue	99.46%	93.97%	72.88%	13.88%	202.13%	84.66%	78.09%	96.79%	86.67%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.46	$2.84	$2.98	$1.77	($2.36)	$2.43	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	95.28M	104.48M	112.18M	119.93M	85.24M	85.54M	0.00	0.00	0.00	0.00
Adjusted Diluted Earnings per Share	$0.45	$2.80	$2.93	$1.75	($2.36)	$2.42	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	95.28M	104.48M	112.18M	119.93M	85.24M	85.54M	0.00	0.00	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	95.28M	104.48M	112.18M	119.93M	85.24M	85.54M	0.00	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	322	429	460	326	-25	249	321	236	185	191
Normalized NOPAT Margin	6.46%	10.79%	11.98%	13.95%	-2.82%	13.56%	16.05%	13.79%	11.70%	12.97%
Pre Tax Income Margin	2.73%	11.29%	12.54%	11.52%	-31.32%	14.85%	20.16%	18.18%	18.51%	19.80%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.36	3.46	4.30	4.48	-5.63	7.26	14.43	12.48	11.10	11.07
NOPAT to Interest Expense	0.61	2.40	3.15	3.09	-3.99	5.80	10.70	13.12	6.39	6.60
EBIT Less CapEx to Interest Expense	0.98	3.03	3.61	4.10	-6.35	5.84	12.50	10.74	9.93	10.45
NOPAT Less CapEx to Interest Expense	0.23	1.98	2.47	2.72	-4.71	4.38	8.76	11.38	5.21	5.98
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	16.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.15%
Augmented Payout Ratio	736.67%	117.57%	77.27%	0.00%	-4.98%	131.20%	61.38%	0.00%	0.00%	1.15%

This table displays calculated financial ratios and metrics derived from Hilton Grand Vacations' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.69%	26.01%	28.29%	22.64%	23.77%	2.72%	-8.78%	6.22%	19.90%	18.38%	20.26%
EBITDA Growth	2.70%	-17.13%	14.17%	-8.80%	-21.69%	4.85%	-21.31%	-2.70%	9.25%	-37.76%	23.98%
EBIT Growth	8.20%	-17.57%	-3.35%	-42.04%	-53.44%	18.40%	-25.10%	8.28%	29.70%	-51.17%	26.46%
NOPAT Growth	-9.09%	-24.21%	-53.66%	-49.86%	-56.19%	-12.87%	-30.13%	13.81%	46.80%	-32.63%	24.65%
Net Income Growth	-500.00%	-61.76%	-65.22%	-95.00%	-102.74%	-12.82%	-38.67%	9.59%	43.14%	3.50%	51.97%
EPS Growth	-325.00%	-69.35%	-66.27%	-97.18%	-106.25%	-7.46%	-33.06%	18.33%	52.38%	-19.28%	37.78%
Operating Cash Flow Growth	0.00%	0.00%	-1.09%	-41.75%	-100.00%	0.00%	-60.52%	-25.38%	-90.37%	-112.12%	516.07%
Free Cash Flow Firm Growth	103.89%	-635.49%	-3,728.77%	-45,700.42%	-4,103.00%	-199.19%	-112.40%	99.83%	101.93%	108.51%	115.73%
Invested Capital Growth	-0.78%	40.55%	50.29%	52.04%	51.42%	7.52%	3.71%	2.19%	0.72%	-3.62%	-6.85%
Revenue Q/Q Growth	-10.59%	-1.68%	5.75%	6.83%	13.44%	0.10%	1.09%	7.82%	-5.85%	-11.11%	17.72%
EBITDA Q/Q Growth	-15.08%	-34.67%	39.09%	33.11%	-31.48%	-10.00%	11.11%	14.29%	-30.77%	-32.46%	37.39%
EBIT Q/Q Growth	-45.90%	-29.48%	90.11%	49.18%	-58.78%	-17.32%	14.01%	19.85%	-31.77%	-47.70%	64.83%
NOPAT Q/Q Growth	-40.93%	26.00%	5.06%	16.26%	-50.75%	-22.95%	13.66%	1.60%	-35.89%	-38.21%	85.13%
Net Income Q/Q Growth	-146.15%	-18.75%	700.00%	300.00%	-102.94%	-26.09%	15.00%	9.59%	-6.41%	-48.00%	105.48%
EPS Q/Q Growth	-189.47%	-32.14%	1,300.00%	150.00%	-106.45%	-25.30%	16.90%	10.94%	-4.48%	-45.97%	106.67%
Operating Cash Flow Q/Q Growth	-63.81%	15.38%	-19.47%	0.00%	0.00%	0.00%	-52.58%	646.15%	262.50%	-106.87%	-10.38%
Free Cash Flow Firm Q/Q Growth	104.71%	14.65%	2.82%	0.43%	-790.48%	-344.32%	-1,062.53%	-108.70%	-81.39%	-44.45%	116.08%
Invested Capital Q/Q Growth	0.60%	-0.01%	-0.44%	-0.93%	42.51%	6.92%	0.72%	-1.33%	1.19%	3.13%	-0.76%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	15.07%	19.94%	21.13%	17.81%	15.14%	26.50%	26.82%	25.52%	23.88%	26.31%	30.82%
EBITDA Margin	13.24%	13.94%	20.98%	15.95%	12.80%	21.20%	23.58%	21.45%	20.24%	20.77%	27.33%
Operating Margin	5.23%	10.44%	12.56%	7.61%	5.71%	14.62%	17.68%	15.29%	13.92%	12.80%	21.24%
EBIT Margin	5.75%	9.50%	13.25%	7.37%	5.28%	14.52%	17.58%	15.59%	14.03%	12.60%	21.42%
Profit (Net Income) Margin	-1.05%	2.02%	2.45%	0.32%	-0.17%	6.67%	9.04%	7.94%	7.82%	7.86%	13.44%
Tax Burden Percent	200.00%	53.06%	34.41%	57.14%	15.38%	62.96%	67.65%	69.57%	81.11%	84.78%	73.53%
Interest Burden Percent	-9.09%	40.16%	53.76%	7.69%	-21.31%	72.97%	75.98%	73.25%	68.70%	73.60%	85.36%
Effective Tax Rate	0.00%	46.94%	65.59%	42.86%	0.00%	37.04%	32.35%	30.43%	18.89%	15.22%	26.47%
Return on Invested Capital (ROIC)	2.26%	4.04%	3.07%	2.90%	2.50%	6.69%	9.07%	8.26%	8.47%	7.74%	10.83%
ROIC Less NNEP Spread (ROIC-NNEP)	1.37%	3.11%	2.53%	1.81%	1.44%	5.92%	8.09%	7.39%	7.46%	6.85%	10.10%
Return on Net Nonoperating Assets (RNNOA)	4.31%	7.47%	5.61%	3.93%	3.07%	9.27%	11.51%	11.04%	11.45%	10.94%	16.34%
Return on Equity (ROE)	6.57%	11.51%	8.67%	6.83%	5.57%	15.96%	20.57%	19.30%	19.92%	18.68%	27.18%
Cash Return on Invested Capital (CROIC)	2.74%	-30.76%	-36.46%	-36.28%	-35.28%	0.55%	5.77%	8.26%	9.24%	12.00%	16.67%
Operating Return on Assets (OROA)	2.44%	4.70%	6.52%	3.33%	2.20%	6.92%	8.65%	7.75%	6.62%	6.04%	9.77%
Return on Assets (ROA)	-0.44%	1.00%	1.21%	0.15%	-0.07%	3.18%	4.45%	3.95%	3.69%	3.77%	6.13%
Return on Common Equity (ROCE)	6.05%	11.10%	8.38%	6.56%	5.36%	15.96%	20.57%	19.30%	19.92%	18.68%	27.18%
Return on Equity Simple (ROE_SIMPLE)	3.16%	0.00%	5.53%	8.45%	11.88%	0.00%	15.04%	18.10%	17.54%	0.00%	16.20%
Net Operating Profit after Tax (NOPAT)	42	71	56	54	46	94	122	107	105	108	174
NOPAT Margin	3.66%	5.54%	4.32%	4.35%	4.00%	9.21%	11.96%	10.64%	11.29%	10.85%	15.62%
Net Nonoperating Expense Percent (NNEP)	0.88%	0.94%	0.53%	1.09%	1.06%	0.77%	0.97%	0.87%	1.01%	0.90%	0.74%
Return On Investment Capital (ROIC_SIMPLE)	0.48%	0.81%	-	-	-	1.42%	-	-	-	1.82%	-
Cost of Revenue to Revenue	84.93%	80.06%	78.87%	82.19%	84.86%	73.50%	73.18%	74.48%	76.12%	73.69%	69.18%
SG&A Expenses to Revenue	4.01%	4.05%	3.37%	4.70%	3.89%	6.28%	3.93%	4.77%	4.50%	5.44%	4.48%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	9.84%	9.50%	8.58%	10.20%	9.43%	11.87%	9.14%	10.23%	9.96%	13.51%	9.59%
Earnings before Interest and Taxes (EBIT)	66	122	173	91	61	148	179	157	131	125	239
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	152	179	274	197	148	216	240	216	189	206	305
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.25	2.19	2.00	2.19	2.46	2.05	2.09	2.40	2.34	2.06	1.79
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.72	0.77	0.78	0.95	1.17	1.09	1.13	1.25	1.25	1.16	1.05
Price to Earnings (P/E)	104.84	81.62	38.80	26.54	20.90	13.86	11.48	11.30	11.30	12.60	8.50
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.95%	1.23%	2.58%	3.77%	4.78%	7.21%	8.71%	8.85%	8.85%	7.94%	11.76%
Enterprise Value to Invested Capital (EV/IC)	1.25	1.26	1.23	1.28	1.36	1.39	1.44	1.56	1.53	1.43	1.33
Enterprise Value to Revenue (EV/Rev)	2.01	2.02	2.08	2.32	2.62	1.99	1.93	2.03	2.05	1.97	1.86
Enterprise Value to EBITDA (EV/EBITDA)	12.47	12.61	11.76	12.84	13.43	9.17	8.32	8.37	8.28	8.34	6.63
Enterprise Value to EBIT (EV/EBIT)	22.13	22.50	20.76	21.47	20.21	12.84	11.59	11.44	11.59	12.39	9.22
Enterprise Value to NOPAT (EV/NOPAT)	63.30	49.78	39.68	30.90	29.17	18.48	15.56	15.13	15.47	16.91	13.44
Enterprise Value to Operating Cash Flow (EV/OCF)	28.83	32.55	48.12	50.17	38.51	25.31	25.80	18.82	16.29	10.12	7.63
Enterprise Value to Free Cash Flow (EV/FCFF)	45.26	0.00	0.00	0.00	0.00	260.44	25.39	19.10	16.66	11.72	7.73
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	4.01	3.65	3.32	3.18	3.09	2.13	1.75	1.82	1.89	1.74	1.75
Long-Term Debt to Equity	4.01	3.65	3.32	3.18	3.09	2.13	1.75	1.82	1.89	1.74	1.75
Financial Leverage	3.14	2.40	2.21	2.17	2.13	1.57	1.42	1.49	1.54	1.60	1.62
Leverage Ratio	6.02	5.02	4.63	4.69	4.69	3.91	3.73	3.89	4.03	3.87	3.98
Compound Leverage Factor	-0.55	2.02	2.49	0.36	-1.00	2.85	2.83	2.85	2.77	2.85	3.40
Debt to Total Capital	80.02%	78.50%	76.87%	76.06%	75.53%	68.10%	63.69%	64.50%	65.43%	63.57%	63.63%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	80.02%	78.50%	76.87%	76.06%	75.53%	68.10%	63.69%	64.50%	65.43%	63.57%	63.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.71%	1.62%	1.65%	1.86%	1.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	18.27%	19.88%	21.48%	22.07%	22.66%	31.90%	36.31%	35.50%	34.57%	36.43%	36.37%
Debt to EBITDA	8.65	8.67	7.91	8.25	8.14	5.24	4.10	3.89	4.08	4.14	3.66
Net Debt to EBITDA	7.85	7.62	7.17	7.40	7.22	4.13	3.44	3.22	3.24	3.45	2.87
Long-Term Debt to EBITDA	8.65	8.67	7.91	8.25	8.14	5.24	4.10	3.89	4.08	4.14	3.66
Debt to NOPAT	43.87	34.24	26.69	19.86	17.68	10.57	7.68	7.03	7.62	8.39	7.43
Net Debt to NOPAT	39.81	30.09	24.21	17.82	15.68	8.33	6.44	5.82	6.06	6.99	5.83
Long-Term Debt to NOPAT	43.87	34.24	26.69	19.86	17.68	10.57	7.68	7.03	7.62	8.39	7.43
Altman Z-Score	1.13	1.27	1.30	1.21	1.21	1.52	1.13	1.16	1.11	1.50	1.06
Noncontrolling Interest Sharing Ratio	7.91%	3.57%	3.43%	3.87%	3.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.35	4.60	4.88	4.07	3.87	4.20	1.04	1.03	1.15	3.34	1.17
Quick Ratio	1.95	2.65	2.92	2.59	2.50	2.75	0.71	0.71	0.82	2.09	0.84
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	105	-2,230	-2,613	-2,688	-2,700	-303	-68	-5.87	67	306	550
Operating Cash Flow to CapEx	118.75%	184.21%	284.38%	627.78%	0.00%	0.00%	418.18%	1,385.71%	236.36%	-34.78%	1,456.25%
Free Cash Flow to Firm to Interest Expense	1.36	-28.23	-31.10	-30.90	-34.17	-6.74	-1.52	-0.13	1.53	8.26	14.87
Operating Cash Flow to Interest Expense	0.49	1.33	1.08	1.30	0.00	0.00	2.04	4.41	0.59	-0.43	6.30
Operating Cash Flow Less CapEx to Interest Expense	0.08	0.61	0.70	1.09	-0.24	0.00	1.56	4.09	0.34	-1.68	5.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.42	0.50	0.49	0.45	0.42	0.48	0.49	0.50	0.47	0.48	0.46
Accounts Receivable Turnover	11.18	12.12	11.22	8.78	8.25	7.82	9.42	9.02	8.40	9.43	10.89
Inventory Turnover	1.97	2.23	0.00	0.00	0.00	2.31	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	5.48	6.43	6.55	5.18	4.80	5.11	5.05	5.04	5.15	4.94	4.61
Accounts Payable Turnover	3.22	3.90	3.78	3.17	2.85	3.02	2.99	2.87	2.75	3.28	2.95
Days Sales Outstanding (DSO)	32.66	30.12	32.55	41.59	44.23	46.70	38.75	40.48	43.45	38.69	33.52
Days Inventory Outstanding (DIO)	185.02	164.04	0.00	0.00	0.00	158.04	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	113.43	93.50	96.64	115.15	128.17	120.99	122.09	127.19	132.82	111.45	123.80
Cash Conversion Cycle (CCC)	104.25	100.66	-64.10	-73.56	-83.94	83.76	-83.34	-86.71	-89.36	-72.76	-90.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	8,023	7,975	7,976	8,011	8,086	5,674	5,307	5,269	5,340	5,277	5,117
Invested Capital Turnover	0.62	0.73	0.71	0.67	0.63	0.73	0.76	0.78	0.75	0.71	0.69
Increase / (Decrease) in Invested Capital	-63	2,301	2,669	2,742	2,746	397	190	113	38	-198	-376
Enterprise Value (EV)	10,004	10,059	9,817	10,286	11,015	7,898	7,638	8,226	8,192	7,560	6,831
Market Capitalization	3,564	3,836	3,686	4,193	4,933	4,339	4,479	5,062	4,984	4,434	3,871
Book Value per Share	$16.61	$17.79	$18.18	$18.50	$19.18	$19.59	$19.52	$18.90	$19.01	$18.70	$18.33
Tangible Book Value per Share	($23.11)	($20.51)	($18.81)	($18.34)	($17.86)	($4.27)	($4.13)	($4.70)	($4.71)	($4.71)	($4.90)
Total Capital	8,665	8,814	8,590	8,690	8,842	6,630	5,916	5,929	6,167	5,904	5,930
Total Debt	6,934	6,919	6,603	6,610	6,678	4,515	3,768	3,824	4,035	3,753	3,773
Total Long-Term Debt	6,934	6,919	6,603	6,610	6,678	4,515	3,768	3,824	4,035	3,753	3,773
Net Debt	6,292	6,080	5,989	5,931	5,922	3,559	3,159	3,164	3,208	3,126	2,960
Capital Expenditures (CapEx)	32	57	32	18	19	28	22	14	11	46	16
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3,800	4,188	4,382	3,949	3,792	2,853	-501	-558	-586	2,240	-580
Debt-free Net Working Capital (DFNWC)	4,370	4,954	4,923	4,550	4,470	3,738	34	30	166	2,795	164
Net Working Capital (NWC)	4,370	4,954	4,923	4,550	4,470	3,738	34	30	166	2,795	164
Net Nonoperating Expense (NNE)	54	45	24	50	48	26	30	27	32	30	24
Net Nonoperating Obligations (NNO)	6,292	6,080	5,989	5,931	5,922	3,559	3,159	3,164	3,208	3,126	2,960
Total Depreciation and Amortization (D&A)	86	57	101	106	87	68	61	59	58	81	66
Debt-free, Cash-free Net Working Capital to Revenue	76.41%	84.08%	92.92%	89.18%	90.29%	71.72%	-12.68%	-13.78%	-14.69%	58.41%	-15.76%
Debt-free Net Working Capital to Revenue	87.87%	99.46%	104.39%	102.76%	106.43%	93.97%	0.86%	0.74%	4.16%	72.88%	4.46%
Net Working Capital to Revenue	87.87%	99.46%	104.39%	102.76%	106.43%	93.97%	0.86%	0.74%	4.16%	72.88%	4.46%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.17)	$0.20	$0.28	$0.02	($0.04)	$0.63	$0.84	$0.72	$0.65	$0.71	$1.25
Adjusted Weighted Average Basic Shares Outstanding	91.67M	95.28M	98.49M	101.50M	103.70M	104.48M	107.98M	110.05M	111.40M	112.18M	115.06M
Adjusted Diluted Earnings per Share	($0.17)	$0.19	$0.28	$0.02	($0.04)	$0.62	$0.83	$0.71	$0.64	$0.67	$1.24
Adjusted Weighted Average Diluted Shares Outstanding	91.67M	95.28M	98.49M	101.50M	103.70M	104.48M	107.98M	110.05M	111.40M	112.18M	115.06M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	91.67M	95.28M	98.49M	101.50M	103.70M	104.48M	107.98M	110.05M	111.40M	112.18M	115.06M
Normalized Net Operating Profit after Tax (NOPAT)	42	71	115	54	48	94	122	109	105	122	174
Normalized NOPAT Margin	3.66%	5.54%	8.79%	4.35%	4.12%	9.21%	11.96%	10.85%	11.29%	12.31%	15.62%
Pre Tax Income Margin	-0.52%	3.82%	7.12%	0.57%	-1.12%	10.60%	13.36%	11.42%	9.64%	9.27%	18.28%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.86	1.54	2.06	1.05	0.77	3.29	3.98	3.57	2.98	3.38	6.46
NOPAT to Interest Expense	0.55	0.90	0.67	0.62	0.58	2.08	2.71	2.43	2.40	2.91	4.71
EBIT Less CapEx to Interest Expense	0.44	0.82	1.68	0.84	0.53	2.67	3.49	3.25	2.73	2.14	6.03
NOPAT Less CapEx to Interest Expense	0.13	0.18	0.29	0.41	0.34	1.46	2.22	2.12	2.15	1.67	4.28
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	16.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	966.00%	736.67%	399.02%	222.84%	160.50%	117.57%	117.03%	104.99%	95.45%	77.27%	46.37%

Frequently Asked Questions About Hilton Grand Vacations' Financials

When does Hilton Grand Vacations's fiscal year end?

According to the most recent income statement we have on file, Hilton Grand Vacations' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Hilton Grand Vacations' net income changed over the last 9 years?

Hilton Grand Vacations' net income appears to be on a downward trend, with a most recent value of $60 million in 2024, falling from $174.10 million in 2015. The previous period was $313 million in 2023. See Hilton Grand Vacations' forecast for analyst expectations on what’s next for the company.

What is Hilton Grand Vacations's operating income?

Hilton Grand Vacations's total operating income in 2024 was $458 million, based on the following breakdown:

Total Gross Profit: $927 million
Total Operating Expenses: $469 million

How has Hilton Grand Vacations revenue changed over the last 9 years?

Over the last 9 years, Hilton Grand Vacations' total revenue changed from $1.48 billion in 2015 to $4.98 billion in 2024, a change of 237.7%.

How much debt does Hilton Grand Vacations have?

Hilton Grand Vacations' total liabilities were at $9.55 billion at the end of 2024, a 45.3% increase from 2023, and a 374.3% increase since 2016.

How much cash does Hilton Grand Vacations have?

In the past 8 years, Hilton Grand Vacations' cash and equivalents has ranged from $48 million in 2016 to $589 million in 2023, and is currently $328 million as of their latest financial filing in 2024.

How has Hilton Grand Vacations' book value per share changed over the last 9 years?

Over the last 9 years, Hilton Grand Vacations' book value per share changed from 0.00 in 2015 to 17.79 in 2024, a change of 1,778.9%.

Related Companies

This page (NYSE:HGV) was last updated on 5/21/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hilton Grand Vacations (HGV) Financials

Frequently Asked Questions About Hilton Grand Vacations' Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Hilton Grand Vacations (HGV) Financials

Annual Income Statements for Hilton Grand Vacations

Quarterly Income Statements for Hilton Grand Vacations

Annual Cash Flow Statements for Hilton Grand Vacations

Quarterly Cash Flow Statements for Hilton Grand Vacations

Annual Balance Sheets for Hilton Grand Vacations

Quarterly Balance Sheets for Hilton Grand Vacations

Annual Metrics And Ratios for Hilton Grand Vacations

Quarterly Metrics And Ratios for Hilton Grand Vacations

Frequently Asked Questions About Hilton Grand Vacations' Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools