Hilton Grand Vacations Inc. (HGV) Financial Statements
Industry: Hotels, Rooming Houses, Camps & Other Lodging Places
In fiscal 2025, Hilton Grand Vacations reported revenue of $5.05B, up 1.3% from $4.98B the year before. Net income was $81.0M (a 1.6% net margin), or $0.89 per diluted share. Gross margin was 9.1% and operating margin was 4.9%. Operating activities generated $300.0M of cash, leaving $230.0M of free cash flow. At fiscal year end, Hilton Grand Vacations held $11.54B in total assets against $10.10B in total liabilities, including $239.0M of cash and equivalents.
Open the full interactive Hilton Grand Vacations financials → Quarterly statements, key ratios, valuation history and price charts.
Hilton Grand Vacations Key Stats
| Share Price | $35.18 |
|---|---|
| Market Cap | $2.85B |
| P/E Ratio | 39.5 |
| Revenue YoY Growth | +1.3% |
| 52-Week Range | $34.05 – $54.69 |
| Shares Outstanding | 79.3 million (basic, 2026 Q2) |
Hilton Grand Vacations Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $894.0M | $2.33B | $3.83B | $3.98B | $4.98B | $5.05B |
| Cost of Goods Sold | $1.14B | $1.95B | $3.22B | $3.37B | $4.52B | $4.59B |
| Gross Profit | -$245.0M | $390.0M | $611.0M | $613.0M | $458.0M | $460.0M |
| Operating Income | -$337.0M | $239.0M | $399.0M | $419.0M | $259.0M | $245.0M |
| Pre-Tax Income | -$280.0M | $269.0M | $481.0M | $449.0M | $136.0M | $175.0M |
| Income Tax | -$79.0M | $93.0M | $129.0M | $136.0M | $76.0M | $76.0M |
| Net Income | -$200.7M | $176.4M | $352.0M | $313.0M | $47.0M | $81.0M |
| Diluted EPS | -$2.36 | $1.75 | $2.93 | $2.80 | $0.45 | $0.89 |
Hilton Grand Vacations Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.30B | $1.33B | $1.28B | $1.36B |
| Net Income | $25.0M | $48.0M | $66.0M | $12.0M |
| Diluted EPS | $0.28 | $0.52 | $0.79 | $0.15 |
Hilton Grand Vacations Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $428.0M | $432.0M | $223.0M | $589.0M | $328.0M | $239.0M |
| Total Assets | $3.13B | $8.01B | $8.00B | $8.69B | $11.44B | $11.54B |
| Total Long-Term Debt | $1.16B | $2.91B | $2.65B | $3.05B | $4.60B | $4.54B |
| Total Liabilities | $2.76B | $6.02B | $5.85B | $6.57B | $9.55B | $10.10B |
| Shareholders' Equity | $374.0M | $1.99B | $2.15B | $2.12B | $1.75B | $1.29B |
Hilton Grand Vacations Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $79.0M | $168.0M | $747.0M | $312.0M | $309.0M | $300.0M |
| Cash From Investing | -$33.0M | -$1.63B | -$97.0M | -$158.0M | -$1.57B | -$146.0M |
| Cash From Financing | $328.0M | $1.64B | -$782.0M | $183.0M | $1.16B | -$338.0M |
| Free Cash Flow | $71.0M | $150.0M | $689.0M | $281.0M | $267.0M | $230.0M |
Figures from Hilton Grand Vacations' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Hilton Grand Vacations financials page for every line item.
Hilton Grand Vacations Company Profile
| Ticker | HGV |
|---|---|
| Exchange | NYSE |
| Industry | Hotels, Rooming Houses, Camps & Other Lodging Places |
| Headquarters | Orlando, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001674168 |
Frequently Asked Questions
What was Hilton Grand Vacations' revenue in fiscal 2025?
Hilton Grand Vacations (HGV) reported revenue of $5.05B for fiscal 2025.
What is Hilton Grand Vacations' annual revenue history?
Hilton Grand Vacations' annual revenue by fiscal year: 2020: $894.0M; 2021: $2.33B; 2022: $3.83B; 2023: $3.98B; 2024: $4.98B; 2025: $5.05B.
What was Hilton Grand Vacations' net income in fiscal 2025?
Hilton Grand Vacations reported net income of $81.0M for fiscal 2025.
What was Hilton Grand Vacations' earnings per share (EPS) in fiscal 2025?
Hilton Grand Vacations' diluted EPS was $0.89 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Hilton Grand Vacations generate in fiscal 2025?
Hilton Grand Vacations generated $230.0M of free cash flow in fiscal 2025.
What was Hilton Grand Vacations' revenue last quarter?
In its most recent reported quarter (2026 Q2), Hilton Grand Vacations reported revenue of $1.36B.
How much debt does Hilton Grand Vacations have?
Hilton Grand Vacations reported $4.54B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Hilton Grand Vacations are outstanding?
Hilton Grand Vacations reported a weighted average of 79.3 million basic shares outstanding in 2026 Q2.
What is Hilton Grand Vacations' market cap?
Based on its latest closing price, Hilton Grand Vacations (HGV) has a market capitalization of about $2.85B.
When does Hilton Grand Vacations' fiscal year end?
Hilton Grand Vacations' fiscal year end, as registered with the SEC, is December 31.
Where is Hilton Grand Vacations headquartered?
Hilton Grand Vacations lists its business address in Orlando, Florida in its SEC filings.
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