undamentalytics Newsletter
Sign in

Hilton Grand Vacations Inc. (HGV) stock

Add to watchlist

Add holding +

NYSE: HGV NYSE Hotels, Resorts & Cruise Lines Next results ~January 28, 2027

B Fundamentals grade

Hilton Grand Vacations Inc. is a US-listed company in the hotels, resorts & cruise lines industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

Under review: analysts' forecasts describe a different business from the one in the latest filings (spin-off, disposal or merger).

Price vs value

Under review: analysts' forecasts describe a different business from the one in the latest filings (spin-off, disposal or merger). We'll show the comparison once resolved.

Hilton Grand Vacations Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 7 sales by directors and officers, last 12 monthsInsider trades
  • Funds166 adding, 110 cuttingOf 46 active managers that changed their stake, 30 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Hilton Grand Vacations files

10-Q filed October 29: Hilton Grand Vacations

Hilton Grand Vacations lifted revenue to $5.94bn in the twelve months to September 2026, an 18.8% increase on a year earlier and a sharp acceleration from the 5.4% pace recorded a quarter earlier. Among the 16 hotels, resorts and cruise lines companies we cover, that growth rate ranks top of the group. Profitability also improved, with the free-cash-flow margin climbing to 8.0% from 3.5% a year earlier, a notable gain in cash generation relative to sales. Meanwhile, the diluted share count has shrunk by 12.5% over the same period, a reduction that concentrates the company's earnings and cash flow among fewer shares and so adds to the per-share benefit from the underlying growth.

Our model value for Hilton Grand Vacations is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 30: Hilton Grand Vacations

Hilton Grand Vacations posted revenue of $5.94bn for the twelve months to June 2026, up 18.8% on a year earlier and a sharp acceleration from the 5.4% growth recorded a quarter earlier. Among the 16 hotels, resorts and cruise lines companies we cover, that growth ranks top of the group. Free-cash-flow margin also improved, rising to 8.0% from 3.5% a year earlier. Meanwhile, the diluted share count has fallen 12.5% on a year earlier, boosting the value attributable to each remaining share. Taken together, these shifts have pushed the company's fundamentals grade up from C to B.

10-Q on SEC EDGAR

Where Hilton Grand Vacations stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $5.28bn, up 5.4% on a year earlier, faster than the 4.2% growth a quarter earlier. Free-cash-flow margin rose to 7.8% from 4.8% a year earlier. The diluted share count is down 12.2% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 0 of our 4 financial-health checks.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 28, 2027 (estimated)

Hilton Grand Vacations Inc.'s trailing-twelve-month revenue grew 18.8% year on year, with a free-cash-flow margin of 8.0%. Where it stands out: change in growth rate of +13.4pp ranks 2 of 25 hotels, resorts & cruise lines companies we cover.

Our discounted-cash-flow model values the business at ~$190 per share in the base case (~$130–$270 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 173.4% while net income grew 686.8%: a 513pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 18.8% over the last 12 months, against a median of 9.7% for hotels, resorts & cruise lines companies we cover.
  • Growth speeding up. The growth rate is 13.4 points higher than a quarter earlier.
  • Shrinking share count. Diluted shares fell 12.5% in a year, so each share owns more of the business.

Things to watch

  • Insiders selling. 3 insiders sold $14M of stock over the past 365 days and none bought (0% under pre-set trading plans).
  • Heavily shorted. 16.3% of the shares available to trade are sold short (6.7 days of average volume to cover).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 7.1% over 90 days.

Latest results: FY2026 Q3

Filed October 29, 2026
Earnings per share
$4.03 against an average estimate of $1.11: beat by 262.2%
Revenue
$1.96bn, up 50.8% on a year earlier
Share reaction
+8.2% in the first session after the results on October 29, 2026, against -2.1% for the S&P 500
Guidance given
adjusted EBITDA, excluding deferrals and recognitions $1.17bn to $1.18bn (full year 2026)
Next report
October 29, 2026; average EPS estimate $1.74

Hilton Grand Vacations' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+6.7%
  • 1 week+14.8%
  • 1 month+17.6%
  • This year-8.4%
  • 1 year-1.1%
  • 5 years-22.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$5.9B
Net margin
7.0%
EPS (TTM, diluted)
$5.03

Growth

Revenue growth
+18.8%
Change in growth rate
+13.4 pts
Share count change
−12.5%

Cash

Free cash flow (TTM)
$473M
FCF margin
8.0%
Stock pay % of revenue
1.1%

Earnings

Last results
October 29, 2026
Next results (est.)
January 28, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Our research
  2. Buyback
  3. Agreement
  4. Leadership
  5. Results
  6. Guidance
  7. Results
  8. Announcement
  9. Announcement
  10. Announcement
  11. Buyback
  12. Results
  13. Announcement
  14. Agreement
  15. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Hilton Grand Vacations Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: analysts' forecasts describe a different business from the one in the latest filings (spin-off, disposal or merger).

Our value per share comes from a discounted-cash-flow model of Hilton Grand Vacations Inc.'s free cash flow after stock-based pay ( $516M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation multiples over time Market data may be delayed

At fiscal year end 201720182019202020212022202320242025Now
Share price$41.95$26.39$34.39$31.35$52.11$38.54$40.18$38.95$44.75$41.00
Market value$4.2bn$2.6bn$3.1bn$2.7bn$5.3bn$4.6bn$4.5bn$4.0bn$4.1bn$3.4bn
+ Net debt (− = net cash)$244m$504m$767m$736m$2.5bn$2.4bn$2.5bn$4.3bn$4.3bn$4.7bn
Enterprise value$4.4bn$3.1bn$3.8bn$3.4bn$7.8bn$7.0bn$6.9bn$8.3bn$8.4bn$8.1bn
Multiples
Price / sales 2.4x1.3x1.7x3.0x2.3x1.2x1.1x0.8x0.8x0.6x
Price / earnings 12.8x8.7x14.2x—29.9x13.1x14.3x85.4x50.6x8.1x
Price / free cash flow 13.0x—29.0x37.5x35.1x6.7x16.0x15.0x17.8x7.2x
EV / EBITDA ——————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

45 /100

Moderate moat

How hard Hilton Grand Vacations's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 4 / 20

    Net income has been a median 3.8% of total assets over 10 years.

  • Durability 1 / 20

    Net margin has been a median 7.6%; its worst year was -3.1%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 9 of 10 years, at a median 5.9% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 9.2% over five years; stock-based pay has been a median 1.1% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.76 +129% $5.6bn +11%
Next $5.13 +8% $5.8bn +3%

Next year's EPS estimate has moved −7.1% in 90 days, across 10 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −9.0% on 90 days ago. In the last 30 days, 1 analyst raised Hilton Grand Vacations Inc.'s forecast and 1 cut it.

Consensus EPS forecast Hilton Grand Vacations Inc., last 90 days
$4.50 $5.00 $5.50 $6.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $5.23 Current fiscal year, 60 days ago: $4.77 Current fiscal year, 30 days ago: $4.85 Current fiscal year, 7 days ago: $4.82 Current fiscal year, Now: $4.76 $4.76 Next fiscal year, 90 days ago: $5.52 Next fiscal year, 60 days ago: $5.59 Next fiscal year, 30 days ago: $5.55 Next fiscal year, 7 days ago: $5.30 Next fiscal year, Now: $5.13 $5.13

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $5.23$5.52
60 days ago $4.77$5.59
30 days ago $4.85$5.55
7 days ago $4.82$5.30
Now $4.76$5.13

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.11 $4.03 +262.2%
Jun 2026 $1.01 $0.89 −11.7%
Mar 2026 $0.59 $0.99 +67.6%
Dec 2025 $1.16 $0.88 −24.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 29, 2026
  • Adjusted EBITDA, excluding deferrals and recognitions full year 2026 $1.165bn to $1.18bn Non-GAAP Lowered
    “The Company is reducing its guidance for the full year 2026 Adjusted EBITDA, excluding deferrals and recognitions, to a range of $1.165 billion to $1.180 billion, from the prior range of $1.225 billion to $1.265 billion.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Our model doesn't use the consensus here: consensus revenue is 0.73x the latest quarter's run rate while reported revenue grew 51% a year: a different business (spin-off, disposal or merger) - not used.

Analyst recommendations

11 analysts, Oct 2026
Buy436%
Hold764%
Sell00%

Monthly trend

  1. Oct 202613711
  2. Sep 202613610
  3. Aug 202613711
  4. Jul 202613610

Counts of recommendations published by analysts covering Hilton Grand Vacations Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
16.3%
of tradable shares
Days to cover
6.72
at average volume
Short interest, 1 month
+2%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
2.1%
of shares
Employees
22,300
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −1.1%

$41.45 on October 31, 2025 to $41.00

ThenNowEffect
Revenue (last 12 months) $5.0bn $5.3bn +5.4%
Net margin 1.1% 2.9% +151.3%
P/E multiple 71.0x 23.3x −67.2%
Share count 98m 86m +13.9%

Biggest factor: p/e multiple.

Last 3 years +10.1%

$37.25 on November 3, 2023 to $41.00

ThenNowEffect
Revenue (last 12 months) $4.0bn $5.3bn +30.3%
Net margin 9.4% 2.9% −69.6%
P/E multiple 11.3x 23.3x +106.6%
Share count 115m 86m +34.4%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
HGV+66%−26%+4%−3%+15%−8%
Industry peers (median)+26%−23%+46%+26%+6%+22%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
HGV58%50%42%50%67%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
HGV−20%−40%−33%−30%−29%−38%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since January 4, 2017: 78% from March 9, 2018 to March 18, 2020. Getting back needed a 349% gain, reached on September 23, 2021, 554 days after the low.

Price behaviour

52-week range
$34.05 – $54.69
From 52-week high
−25.0%
vs 50-day average
+8.9%
vs 200-day average
−8.0%
Volatility (1 year)
40%
Beta vs S&P 500
0.98

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±8.2%
After a week
3 up, 8 down
typical move ±8.2%
After a month
3 up, 8 down
typical move ±10.2%
Results releasedNext dayS&P 500 next day5 days21 days
October 29, 2026 +8.2% −2.1% — —
July 30, 2026 −10.3% +2.4% −9.7% −14.8%
April 30, 2026 +5.9% +1.3% +12.0% +22.4%
February 26, 2026 −7.5% −1.0% −6.9% −22.1%
October 30, 2025 −6.1% −0.8% −10.1% −4.1%
July 31, 2025 −12.4% −2.0% −13.5% −6.4%
May 1, 2025 +15.8% +2.2% +16.4% +13.5%
February 27, 2025 +5.9% −0.1% −0.1% −7.8%
November 7, 2024 +5.9% +1.2% +6.6% +2.6%
August 8, 2024 −10.2% +2.8% −5.5% −8.1%
May 9, 2024 −2.9% +0.7% −1.6% −7.0%
February 29, 2024 −7.2% +1.3% −7.6% −3.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Hilton Grand Vacations Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Hilton Grand Vacations Inc.
$3.5B $4B $4.5B $5B $5.5B $6B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $4B Revenue (TTM), FY24 Q1: $4.2B Revenue (TTM), FY24 Q2: $4.4B Revenue (TTM), FY24 Q3: $4.7B Revenue (TTM), FY24 Q4: $5B Revenue (TTM), FY25 Q1: $5B Revenue (TTM), FY25 Q2: $5B Revenue (TTM), FY25 Q3: $5B Revenue (TTM), FY25 Q4: $5B Revenue (TTM), FY26 Q1: $5.2B Revenue (TTM), FY26 Q2: $5.3B Revenue (TTM), FY26 Q3: $5.9B $5.9B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $4B
FY24 Q1 $4.2B
FY24 Q2 $4.4B
FY24 Q3 $4.7B
FY24 Q4 $5B
FY25 Q1 $5B
FY25 Q2 $5B
FY25 Q3 $5B
FY25 Q4 $5B
FY26 Q1 $5.2B
FY26 Q2 $5.3B
FY26 Q3 $5.9B
Revenue growth, TTM YoY Hilton Grand Vacations Inc.
0% 10% 20% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 3.7% Revenue growth, TTM YoY, FY24 Q1: 5.3% Revenue growth, TTM YoY, FY24 Q2: 9.4% Revenue growth, TTM YoY, FY24 Q3: 19.4% Revenue growth, TTM YoY, FY24 Q4: 25.2% Revenue growth, TTM YoY, FY25 Q1: 18.4% Revenue growth, TTM YoY, FY25 Q2: 13.0% Revenue growth, TTM YoY, FY25 Q3: 6.0% Revenue growth, TTM YoY, FY25 Q4: 1.3% Revenue growth, TTM YoY, FY26 Q1: 4.2% Revenue growth, TTM YoY, FY26 Q2: 5.4% Revenue growth, TTM YoY, FY26 Q3: 18.8% 18.8%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 3.7%
FY24 Q1 5.3%
FY24 Q2 9.4%
FY24 Q3 19.4%
FY24 Q4 25.2%
FY25 Q1 18.4%
FY25 Q2 13.0%
FY25 Q3 6.0%
FY25 Q4 1.3%
FY26 Q1 4.2%
FY26 Q2 5.4%
FY26 Q3 18.8%
FCF margin (TTM) Hilton Grand Vacations Inc.
2% 4% 6% 8% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 7.1% FCF margin (TTM), FY24 Q1: 6.0% FCF margin (TTM), FY24 Q2: 3.7% FCF margin (TTM), FY24 Q3: 3.5% FCF margin (TTM), FY24 Q4: 5.4% FCF margin (TTM), FY25 Q1: 6.1% FCF margin (TTM), FY25 Q2: 4.8% FCF margin (TTM), FY25 Q3: 3.5% FCF margin (TTM), FY25 Q4: 4.6% FCF margin (TTM), FY26 Q1: 6.3% FCF margin (TTM), FY26 Q2: 7.8% FCF margin (TTM), FY26 Q3: 8.0% 8.0%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 7.1%
FY24 Q1 6.0%
FY24 Q2 3.7%
FY24 Q3 3.5%
FY24 Q4 5.4%
FY25 Q1 6.1%
FY25 Q2 4.8%
FY25 Q3 3.5%
FY25 Q4 4.6%
FY26 Q1 6.3%
FY26 Q2 7.8%
FY26 Q3 8.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 1,475 1,583 1,711 1,999 1,838 894 2,335 3,835 3,978 4,981 5,047 5,937
Net income 174 168 327 298 216 −201 176 352 313 47 81 417
Diluted EPS $1.76 $1.70 $3.28 $3.05 $2.42 −$2.36 $1.75 $2.93 $2.80 $0.45 $0.89 $5.03
Growth (year on year)
Revenue — +7.3% +8.1% +16.8% −8.1% −51.4% +161.2% +64.2% +3.7% +25.2% +1.3% +18.8%
Net income — −3.7% +95.0% −8.8% −27.6% −193.2% — +100.0% −11.1% −85.0% — —
Diluted EPS — −3.4% +92.9% −7.0% −20.7% −197.5% — +67.4% −4.4% −83.9% — —
Margins
Net margin 11.8% 10.6% 19.1% 14.9% 11.7% −22.5% 7.5% 9.2% 7.9% 0.9% 1.6% 7.0%
Free-cash-flow margin 9.5% 9.9% 18.8% −10.4% 5.8% 7.9% 6.4% 18.0% 7.1% 5.4% 4.6% 8.0%
Cash flow
Cash from operations 152 182 356 −164 143 79 168 747 312 309 300 516
Capital spending 12 26 35 44 37 8 18 58 31 42 70 43
Free cash flow 140 156 321 −208 106 71 150 689 281 267 230 473
Stock-based pay 0 0 15 16 22 15 48 46 40 47 64 65
Free cash flow after stock pay 140 156 306 −224 84 56 102 643 241 220 166 408
Balance sheet
Cash 79 48 246 108 67 428 432 223 589 328 239 227
Total debt 0 500 490 612 834 1,164 2,974 2,651 3,049 4,601 4,545 4,885
Net debt (negative = net cash) −79 452 244 504 767 736 2,542 2,428 2,460 4,273 4,306 4,658
Diluted shares 99m 99m 100m 98m 89m 85m 101m 120m 112m 103m 92m 83m
Returned to shareholders
Buybacks — — — 183 283 10 0 272 368 432 600 560
Total returned — — — 183 283 10 0 272 368 432 600 560

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 4 checks passed · September 30, 2026
  • Short-term assets cover short-term liabilities The company doesn't report a short-term split. Not assessable.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $227m of cash against $4.9bn of debt.
  • Debt below 40% of shareholders' equity Debt is 374% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 141% to 374% over five years.
  • A year's operating cash flow covers at least 20% of debt $516m of operating cash flow against $4.9bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Hilton Grand Vacations Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$560M
Returned to shareholders
118%
of free cash flow
Buybacks, last 3 fiscal years
$1.4B
Diluted share count
−12.5%
year over year
Total shareholder yield
18.0%
dividends 0.0% + buybacks 18.0% of market value
Days sales outstanding
17 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in hotels, resorts & cruise lines
Last 12 months unless stated HGV VIK VAC H TNL TCOM Median
Revenue, last 12 months $5.9bn $6.5bn $5.2bn $7.1bn $4.2bn $8.7bn $5.2bn
Revenue growth, last 12 months 18.8% 21.9% 1.7% 2.8% 4.6% 17.2% 9.7%
Revenue growth, 3-year average 14.5% — 2.6% 2.5% 3.8% 110.6% 8.0%
Revenue growth, latest quarter 50.8% — 5.9% −2.4% 5.5% — 8.1%
Gross margin — 43.3% 8.2% — 92.7% 80.6% 47.7%
Operating margin — 23.1% — — 13.0% 25.3% 16.0%
Operating margin, 3-year average — — — — 17.2% 9.7% 15.3%
Net margin 7.0% 17.7% −6.5% 2.6% 5.7% 53.3% 11.4%
Cash from operations / revenue 8.7% 39.4% 2.8% 4.6% 12.3% 23.0% 20.4%
Free-cash-flow margin 8.0% — 1.9% 2.6% 10.0% 21.8% 12.1%
Free-cash-flow margin, 3-year average 5.0% — 2.2% 4.3% 11.3% 18.6% 10.3%
Stock pay / revenue 1.1% 1.4% 0.8% 1.0% 1.5% 3.6% 1.3%
Change in share count −12.5% 21.7% −5.0% −1.2% −4.9% 1.4% −3.4%

Median of all 25 companies we cover in hotels, resorts & cruise lines. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

25 hotels, resorts & cruise lines companies
Measure Company Peer median Rank
Revenue growth Growth 18.8% 9.7% 4 of 25
Change in growth rate Growth +13.4pp -0.5pp 2 of 25
Net margin Profitability 7.0% 11.4% 16 of 25
Free-cash-flow margin Cash generation 8.0% 12.7% 16 of 24
Stock pay as % of revenue Cash generation 1.1% 1.4% 9 of 24
Long-term debt as % of assets Balance sheet 41.4% 41.9% 12 of 24
Change in share count Balance sheet -12.5% -3.5% 2 of 23
Days sales outstanding Balance sheet 17 days 52 days 6 of 17

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
Real Estate Sales and Financing $3B ▼ 0.7%
Resort Operations and Club Management $1.5B ▲ 4.7%

These categories overlap or exclude eliminations, so shares aren't shown.

Products and services
Line of business Revenue Share YoY
Sales of Vacation Ownership Intervals Net $1.8B 35.9% ▼ 5.1%
Resort and Club Management $778M 15.4% ▲ 7.8%
Rental and Ancillary Service $746M 14.8% ▲ 1.8%
Fee For Services Commissions Package Sales and Other Fees $664M 13.2% ▲ 4.2%
Cost Reimbursements $534M 10.6% ▲ 3.5%
Financing $513M 10.2% ▲ 10.6%

From Hilton Grand Vacations Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$4.4B
Institutions reporting
297
Shares held vs prior quarter
▼ 1.8%
Positions opened / closed
64 / 28

Top buyers and sellers, Q2 2026: 166 institutions bought and 110 sold ; the biggest buyer was Blackrock, Inc (+825K shares) and the biggest seller Apollo Management Holdings, L.P (−5.8M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Apollo Management Holdings, L.P. $654M 12.5M 14.9% ▼ 31.5%
Blackrock, Inc. $423M 8.1M 9.6% ▲ 11.4%
Hill Path Capital LP $341M 6.5M 7.7% 0.0%
Cas Investment Partners, LLC $273M 5.2M 6.2% ▼ 0.6%
North Peak Capital Management, LLC $233M 4.5M 5.3% ▲ 0.5%
Dimensional Fund Advisors LP $207M 4.0M 4.7% ▲ 2.3%
Vanguard Portfolio Management LLC $163M 3.1M 3.7% ▲ 10.2%
Vanguard Capital Management LLC $147M 2.8M 3.3% ▲ 3.4%
Mudita Advisors LLP $147M 2.8M 3.3% ▲ 1.1%
FMR LLC $147M 2.8M 3.3% ▼ 8.0%
State Street Corp $118M 2.3M 2.7% ▲ 1.8%
Parsifal Capital Management, LP $109M 2.1M 2.5% ▼ 3.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Hilton Grand Vacations Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $14.1M 7 trades by 3 insiders · 0% under pre-set plans
Net ▼ $14.1M net selling
Insider Date Trade Shares Price Value
Corbin Charles R. Jr. See Remarks August 6, 2026 Sell 20,691 $46.90 $970,408
Wang Mark D See Remarks May 28, 2026 Sell 190,813 $51.93 $9.9M
Corbin Charles R. Jr. See Remarks May 21, 2026 Sell 21,502 $48.00 $1M
Corbin Charles R. Jr. See Remarks May 21, 2026 Sell 11,405 $47.03 $536,377
Hernandez Carlos See Remarks May 19, 2026 Sell 5,595 $46.69 $261,231
Hernandez Carlos See Remarks November 7, 2025 Sell 2,867 $39.99 $114,651
Corbin Charles R. Jr. See Remarks November 3, 2025 Sell 30,426 $41.81 $1.3M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

No trades in Hilton Grand Vacations Inc. disclosed in the last 12 months; 2 earlier trades on record.

  • Lamar Smith(TX):Purchase, $1,001 - $15,000, traded June 29, 2018, filed July 10, 2018
  • Lamar Smith(TX):Purchase, $1,001 - $15,000, traded May 9, 2018, filed June 11, 2018

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 28, 2027 estimated from the company's past filing pattern, not announced

  • October 29, 2026
  • July 30, 2026
  • April 30, 2026
  • February 26, 2026
  • October 30, 2025
  • July 31, 2025

Recent SEC filings

Data status

When each part of this page on Hilton Grand Vacations Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Hilton Grand Vacations Inc. in brief

What does Hilton Grand Vacations Inc. do?
Hilton Grand Vacations Inc. is a US-listed company in the hotels, resorts & cruise lines industry. Its financial year ends in December.
What is Hilton Grand Vacations Inc.'s stock ticker?
Hilton Grand Vacations Inc. trades under the ticker HGV on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Hilton Grand Vacations Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Hilton Grand Vacations Inc. reported revenue of $5.9B, 18.8% higher than a year earlier, according to its SEC filings.
What is Hilton Grand Vacations Inc.'s free cash flow?
Hilton Grand Vacations Inc.'s free-cash-flow margin is 8.0% of revenue over the trailing twelve months, ranking 16 of the 24 hotels, resorts & cruise lines companies we cover.
Who are Hilton Grand Vacations Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Apollo Management Holdings, L.P., Blackrock, Inc. and Hill Path Capital LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Hilton Grand Vacations Inc. buying back stock, and does it pay a dividend?
Hilton Grand Vacations Inc. spent $560M on share repurchases over the trailing twelve months, and its diluted share count fell 12.5% over the year.
What is Hilton Grand Vacations Inc.'s market cap?
On November 2, 2026, Hilton Grand Vacations Inc.'s market capitalisation was about $3.4B, with a price-to-earnings ratio of 8.1 and net debt of $4.7B. Market figures come from third-party market data and may be delayed.
How much debt does Hilton Grand Vacations Inc. have?
Hilton Grand Vacations Inc.'s debt-to-equity ratio is 373.8%, from its latest balance sheet (141.1% five years earlier). The financial health section below sets out its other solvency checks.
Who are Hilton Grand Vacations Inc.'s competitors?
In our Hotels, Resorts & Cruise Lines peer group, the companies closest to Hilton Grand Vacations Inc. are Viking Holdings Ltd, Marriott Vacations Worldwide Corp, Hyatt Hotels Corp, Travel & Leisure Co. and Trip.com Group Ltd. The side-by-side comparison below sets their revenue, margins and growth against Hilton Grand Vacations Inc.'s.
Are insiders buying or selling Hilton Grand Vacations Inc. stock?
Over the last 12 months, Hilton Grand Vacations Inc.'s directors and officers reported 0 open-market purchases and 7 sales on Form 4. The insider trading page charts every trade.
When is Hilton Grand Vacations Inc.'s next earnings date?
Around January 28, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Hilton Grand Vacations Inc. announces its own schedule.