HGVNYSEHotels, Rooming Houses, Camps & Other Lodging PlacesFiscal year ends December 31
Hilton Grand Vacations Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$35.28−0.16 (-0.45%)
Close on Oct 19, 2026
- Market cap
- $2.85B
- P/E (TTM)
- 19.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2014 to 2025
Net margin
1.6%+24.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.3% | +9.6% | +41.4% | +13.1% | |
| Net income | +72.3% | -38.7% | – | -7.4% | |
| EPS, diluted | +97.8% | -32.8% | – | -6.6% | |
| Free cash flow | -13.9% | -30.6% | +26.5% | +5.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 549.6% | -42.6% | 5.3% | |
| Return on assets | – | -6.5% | 0.7% | |
| Capex to revenue | 1.6% | 0.9% | 1.4% | |
| Diluted shares | 99M | 85M | 92M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hilton Grand Vacations generated $1.84B from operations and spent $1.89B on capital expenditure, dividends and share buybacks. 12% of that went back into the business.
Generated
$1.84B
Used
$1.89B
Capital expenditure$219.00M12%Dividends$00%Share buybacks$1.67B88%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.6%
×Asset turnover0.44×
×Equity multiplier7.56×
=Return on equity, FY20255.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.6% | 0.44× | 7.56× | 5.3% |
| FY2024 | 0.9% | 0.49× | 5.20× | 2.4% |
| FY2023 | 7.9% | 0.48× | 3.91× | 14.7% |
| FY2022 | 9.2% | 0.48× | 3.87× | 17.0% |
| FY2021 | 7.5% | 0.42× | 4.72× | 14.9% |
| FY2020 | -22.5% | 0.29× | 6.58× | -42.6% |
| FY2019 | 11.7% | 0.63× | 4.92× | 36.4% |
| FY2018 | 14.9% | 0.78× | 4.53× | 52.6% |
| FY2017 | 19.1% | 0.75× | 6.66× | 95.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$81.00M
- Cash generatingOperating cash flow above zero$300.00M
- Return on assets improvedROA up on the prior year0.5% → 0.7%
- Earnings backed by cashOperating cash flow above net income$300.00M vs $81.00M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise103M → 92M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.57 → 0.44