Hilton Grand Vacations Inc. - Understand $hgv stock

$HGV Market Cap: $4.136 Billion

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Financial Snapshot

Revenue

$4.716B

TTM

Gross Margin

24.8%

TTM

Net Earnings

$95.00M

TTM

Current Assets

$2.940B

Q3 2024

Current Liabilities

$1.160B

Q3 2024

Current Ratio

253.45%

Q3 2024

Total Assets

$11.15B

Q3 2024

Total Liabilities

$9.167B

Q3 2024

Book Value

$1.987B

Q3 2024

Cash

$297.0M

Q3 2024

P/E

43.53

Nov 29, 2024 EST

Free Cash Flow

$116.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$3.978B	$3.835B	$2.335B	$894.0M	$1.838B	$1.999B	$1.711B	$1.583B	$127.0M	$1.317B	$1.224B
YoY Change	3.73%	64.24%	161.19%	-51.36%	-8.05%	16.83%	8.09%	1146.46%	-90.36%	7.6%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$3.978B	$3.835B	$2.335B	$894.0M	$1.838B	$1.999B	$1.711B	$1.583B	$127.0M	$1.317B	$1.224B
Cost Of Revenue	$2.887B	$2.684B	$1.560B	$793.0M	$1.361B	$1.412B	$1.241B	$1.144B	$1.075B	$946.0M	$889.0M
Gross Profit	$1.091B	$1.151B	$775.0M	$101.0M	$477.0M	$587.0M	$470.0M	$439.0M	$400.0M	$371.0M	$335.0M
Gross Profit Margin	27.43%	30.01%	33.19%	11.3%	25.95%	29.36%	27.47%	27.73%	314.96%	28.17%	27.37%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Selling, General & Admin	$194.0M	$212.0M	$151.0M	$92.00M	$111.0M	$117.0M	$767.0M	$697.0M	$598.0M	$40.00M	$70.00M
YoY Change	-8.49%	40.4%	64.13%	-17.12%	-5.13%	-84.75%	10.04%	16.56%	1395.0%	-42.86%
% of Gross Profit	17.78%	18.42%	19.48%	91.09%	23.27%	19.93%	163.19%	158.77%	149.5%	10.78%	20.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$213.0M	$244.0M	$126.0M	$45.00M	$44.00M	$33.00M	$29.00M	$24.00M	$22.00M	$18.00M	$16.00M
YoY Change	-12.7%	93.65%	180.0%	2.27%	33.33%	13.79%	20.83%	9.09%	22.22%	12.5%
% of Gross Profit	19.52%	21.2%	16.26%	44.55%	9.22%	5.62%	6.17%	5.47%	5.5%	4.85%	4.78%
Operating Expenses	$407.0M	$456.0M	$277.0M	$137.0M	$162.0M	$153.0M	$767.0M	$697.0M	$598.0M	$58.00M	$86.00M
YoY Change	-10.75%	64.62%	102.19%	-15.43%	5.88%	-80.05%	10.04%	16.56%	931.03%	-32.56%
Operating Profit	$684.0M	$695.0M	$498.0M	-$36.00M	$315.0M	$434.0M	-$297.0M	-$258.0M	-$198.0M	$313.0M	$249.0M
YoY Change	-1.58%	39.56%	-1483.33%	-111.43%	-27.42%	-246.13%	15.12%	30.3%	-163.26%	25.7%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	$178.0M	$142.0M	$105.0M	$43.00M	$43.00M	$30.00M	$27.00M	$3.000M	$0.00	-$38.00M	-$53.00M
YoY Change	25.35%	35.24%	144.19%	0.0%	43.33%	11.11%	800.0%		-100.0%	-28.3%
% of Operating Profit	26.02%	20.43%	21.08%		13.65%	6.91%				-12.14%	-21.29%
Other Income/Expense, Net	$2.000M	-$1.000M	-$26.00M	$3.000M	-$3.000M	-$1.000M	$0.00	-$1.000M	$0.00	$5.000M	$0.00
YoY Change	-300.0%	-96.15%	-966.67%	-200.0%	200.0%		-100.0%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Pretax Income	$449.0M	$481.0M	$269.0M	-$280.0M	$273.0M	$403.0M	$311.0M	$293.0M	$292.0M	$280.0M	$218.0M
YoY Change	-6.65%	78.81%	-196.07%	-202.56%	-32.26%	29.58%	6.14%	0.34%	4.29%	28.44%
Income Tax	$136.0M	$129.0M	$93.00M	-$79.00M	$57.00M	$105.0M	-$16.00M	$125.0M	$118.0M	$113.0M	$90.00M
% Of Pretax Income	30.29%	26.82%	34.57%		20.88%	26.05%	-5.14%	42.66%	40.41%	40.36%	41.28%
Net Earnings	$313.0M	$352.0M	$176.0M	-$201.0M	$216.0M	$298.0M	$327.0M	$167.6M	$174.0M	$167.0M	$128.0M
YoY Change	-11.08%	100.0%	-187.56%	-193.06%	-27.52%	-8.87%	95.09%	-3.67%	4.19%	30.47%
Net Earnings / Revenue	7.87%	9.18%	7.54%	-22.48%	11.75%	14.91%	19.11%	10.59%	137.01%	12.68%	10.46%
Basic Earnings Per Share	$2.84	$2.98	$1.77	-$2.36	$2.43	$3.07	$3.30	$1.70	$1.76
Diluted Earnings Per Share	$2.80	$2.93	$1.75	-$2.36	$2.42	$3.05	$3.28	$1.70	$1.76	$1.687M	$1.293M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$589.0M	$223.0M	$432.0M	$428.0M	$67.00M	$108.0M	$246.0M	$48.00M	$4.000M	$2.000M
YoY Change	164.13%	-48.38%	0.93%	538.81%	-37.96%	-56.1%	412.5%	1100.0%	100.0%
Cash & Equivalents	$589.0M	$223.0M	$432.0M	$428.0M	$67.00M	$108.0M	$246.0M	$48.00M	$4.000M	$2.000M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$1.400B	$1.159B	$1.240B	$702.0M	$558.0M	$527.0M	$509.0M	$513.0M	$412.0M	$370.0M
Prepaid Expenses
Receivables	$507.0M	$511.0M	$302.0M	$119.0M	$174.0M	$153.0M	$112.0M	$123.0M	$89.00M	$83.00M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.496B	$1.893B	$1.974B	$1.249B	$799.0M	$788.0M	$867.0M	$684.0M	$505.0M	$455.0M
YoY Change	31.85%	-4.1%	58.05%	56.32%	1.4%	-9.11%	26.75%	35.45%	10.99%
Property, Plant & Equipment	$819.0M	$874.0M	$826.0M	$553.0M	$838.0M	$559.0M	$238.0M	$256.0M	$51.00M	$47.00M
YoY Change	-6.29%	5.81%	49.37%	-34.01%	49.91%	134.87%	-7.03%	401.96%	8.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$71.00M	$72.00M	$59.00M	$51.00M	$44.00M	$38.00M	$41.00M
YoY Change	-1.39%	22.03%	15.69%	15.91%	15.79%	-7.32%
Other Assets	$405.0M	$467.0M	$450.0M	$176.0M	$110.0M	$72.00M	$51.00M	$103.0M	$75.00M	$62.00M
YoY Change	-13.28%	3.78%	155.68%	60.0%	52.78%	41.18%	-50.49%	37.33%	20.97%
Total Long-Term Assets	$6.189B	$6.111B	$6.034B	$1.885B	$2.280B	$1.965B	$1.517B	$1.496B	$1.219B	$1.166B
YoY Change	1.28%	1.28%	220.11%	-17.32%	16.03%	29.53%	1.4%	22.72%	4.55%
Total Assets	$8.685B	$8.004B	$8.008B	$3.134B	$3.079B	$2.753B	$2.384B	$2.180B	$1.724B	$1.621B
YoY Change
Accounts Payable	$267.0M	$279.0M	$63.00M	$20.00M	$24.00M	$51.00M	$45.00M	$31.00M	$13.00M	$25.00M
YoY Change	-4.3%	342.86%	215.0%	-16.67%	-52.94%	13.33%	45.16%	138.46%	-48.0%
Accrued Expenses	$704.0M	$734.0M	$497.0M	$237.0M	$264.0M	$190.0M	$155.0M	$149.0M	$138.0M	$97.00M
YoY Change	-4.09%	47.69%	109.7%	-10.23%	38.95%	22.58%	4.03%	7.97%	42.27%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.030B	$1.101B	$616.0M	$271.0M	$350.0M	$374.0M	$391.0M	$288.0M	$291.0M	$234.0M
YoY Change	-6.45%	78.73%	127.31%	-22.57%	-6.42%	-4.35%	35.76%	-1.03%	24.36%
Long-Term Debt	$4.515B	$3.753B	$4.241B	$1.925B	$1.575B	$1.363B	$1.065B	$1.184B	$1.136B	$1.344B
YoY Change	20.3%	-11.51%	120.31%	22.22%	15.55%	27.98%	-10.05%	4.23%	-15.48%
Other Long-Term Liabilities	$394.0M	$340.0M	$349.0M	$379.0M	$301.0M	$95.00M	$109.0M	$106.0M	$103.0M	$100.0M
YoY Change	15.88%	-2.58%	-7.92%	25.91%	216.84%	-12.84%	2.83%	2.91%	3.0%
Total Long-Term Liabilities	$4.909B	$4.093B	$4.590B	$2.304B	$1.876B	$1.458B	$1.174B	$1.290B	$1.239B	$1.444B
YoY Change	19.94%	-10.83%	99.22%	22.81%	28.67%	24.19%	-8.99%	4.12%	-14.2%
Total Liabilities	$6.570B	$5.853B	$6.020B	$2.760B	$2.509B	$2.137B	$1.866B	$2.013B	$1.830B	$1.994B
YoY Change	12.25%	-2.77%	118.12%	10.0%	17.41%	14.52%	-7.3%	10.0%	-8.22%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding	110.1M shares	118.0M shares	99.75M	85.18M	88.76M	97.00M	98.93M	99.00M	99.00M
Diluted Shares Outstanding	111.6M shares	120.0M shares	101.1M	85.18M	89.29M	98.00M	100.0M	99.00M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.1355 Billion

About Hilton Grand Vacations Inc.

Hilton Grand Vacations, Inc. is a global timeshare company, which engages in developing, marketing, selling, managing, and operating timeshare resorts, timeshare plans, and ancillary reservation services, primarily under the Hilton Grand Vacations brand. The company is headquartered in Orlando, Florida and currently employs 15,000 full-time employees. The company went IPO on 2016-12-13. The firm is engaged in developing, marketing, selling, managing and operating timeshare resorts, timeshare plans and ancillary reservation services, primarily under the Hilton Grand Vacations brand. The company operates through two segments: Real estate sales and financing and Resort operations and club management. The Real estate sales and financing segment markets and sells vacation ownership interests (VOIs). The company also sources VOIs through fee-for-service agreements with third-party developers. The company provides consumer financing, which includes interest income generated from the origination of consumer loans to customers to finance their purchase of VOIs and servicing the loans. Resort operations and club management segment manage the clubs and earn activation fees, annual dues and transaction fees from member exchanges for other vacation products. The company offers vacation experiences for guests and approximately 720,000 club members.

Industry: Hotels, Rooming Houses, Camps & Other Lodging Places Peers: Airbnb, Inc. Global Business Travel Group, Inc. CHOICE HOTELS INTERNATIONAL INC /DE Hyatt Hotels Corp MARRIOTT VACATIONS WORLDWIDE Corp Norwegian Cruise Line Holdings Ltd. Target Hospitality Corp. Travel & Leisure Co. Vacasa, Inc. WYNDHAM HOTELS & RESORTS, INC.