Hilton Grand Vacations Inc. (HGV) — Financial statements
Income statement, balance sheet, and cash flow for Hilton Grand Vacations Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,047↑1.3% | 4,981↑25.2% | 3,978↑3.7% | 3,835↑64.2% | 2,335 | |
| Cost of Revenue | 2,186↑1.9% | 2,146↓21.9% | 2,749↑7.4% | 2,560↑73.0% | 1,480 | |
| Gross Profit | 2,861↑0.9% | 2,835↑130.7% | 1,229↓3.6% | 1,275↑49.1% | 855 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 215↑8.0% | 199↑2.6% | 194↓8.5% | 212↑40.4% | 151 | |
| Selling & Marketing Expenses | 1,871↑193.7% | 637 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 2,086↑149.5% | 836↑330.9% | 194↓8.5% | 212↑40.4% | 151 | |
| Other Expenses | 214↓83.6% | 1,302↑270.9% | 351↓4.6% | 368↑78.6% | 206 | |
| Operating Expenses | 2,300↑7.6% | 2,138↑292.3% | 545↓6.0% | 580↑62.5% | 357 | |
| Total Costs & Expenses | 4,486↑4.7% | 4,284↑30.1% | 3,294↑4.9% | 3,140↑70.9% | 1,837 | |
| Operating Results | ||||||
| Operating Income | 561↓19.5% | 697↑1.9% | 684↓1.6% | 695↑39.6% | 498 | |
| Depreciation & Amortization | 273↑1.9% | 268↑25.8% | 213↓12.7% | 244↑93.7% | 126 | |
| EBITDA | 759↑3.5% | 733↓12.7% | 840↓3.1% | 867↑73.4% | 500 | |
| EBIT | 486↑4.5% | 465↓25.8% | 627↑0.6% | 623↑66.6% | 374 | |
| Interest & Other Income | ||||||
| Net Interest Income | -311↑5.5% | -329↓84.8% | -178↓25.4% | -142↓35.2% | -105 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 311↓5.5% | 329↑84.8% | 178↑25.4% | 142↑35.2% | 105 | |
| Non-Operating Income | 75↓67.7% | 232↑307.0% | 57↓20.8% | 72↓41.9% | 124 | |
| Other Income / Expenses | -386↑31.2% | -561↓138.7% | -235↓9.8% | -214↑6.6% | -229 | |
| Income Before Tax | 175↑28.7% | 136↓69.7% | 449↓6.7% | 481↑78.8% | 269 | |
| Income Tax Expense | 76↑0.0% | 76↓44.1% | 136↑5.4% | 129↑38.7% | 93 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 99↑65.0% | 60↓80.8% | 313↓11.1% | 352↑100.0% | 176 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 81↑72.3% | 47↓85.0% | 313↓11.1% | 352↑100.0% | 176 | |
| Bottom-Line Net Income | 81↑72.3% | 47↓85.0% | 313↓11.1% | 352↑100.0% | 176 | |
| EPS (Basic) | 0.90↑95.7% | 0.46↓83.8% | 2.84↓4.7% | 2.98↑69.3% | 1.76 | |
| EPS (Diluted) | 0.89↑93.5% | 0.46↓83.6% | 2.80↓4.4% | 2.93↑68.4% | 1.74 | |
| Weighted Average Shares | 90↓11.8% | 102↓7.5% | 110↓6.6% | 118↑18.3% | 100 | |
| Weighted Average Diluted Shares | 92↓11.3% | 103↓7.6% | 112↓7.0% | 120↑18.7% | 101 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.