What is Hilton Grand Vac's earnings per share (EPS)?

Hilton Grand Vac (HGV) reported diluted earnings per share of $0.89 for fiscal year 2025. This represents a 97.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Hilton Grand Vac Financials

HGV

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Hilton Grand Vac (HGV) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI HGV FY2025 2026-04-30

Cash generation remains positive, but higher leverage and buybacks are absorbing the benefit of a larger business and thinning equity.

Revenue added $1.1B from its recent base, but operating cash flow stayed near $300M instead of rising with that scale. Meanwhile, debt-to-equity climbed from 1.4x to 3.5x, so larger scale did not translate into a stronger cash engine.

The balance sheet has become more debt-led: total liabilities reached $10.1B while equity fell to $1.3B. In practice, more of the business now sits ahead of shareholders in the capital structure, making equity returns more sensitive to modest profit changes and leaving less balance-sheet cushioning as assets expand.

Cash earnings still look better than accounting earnings, a useful clue that reported profit is carrying heavier financing and non-cash pressure, because operating cash flow of $300M comfortably exceeded net income of $81M. But buybacks of $600M against free cash flow of $230M show capital returns are being pushed faster than the business is internally funding them.

Financial Health Signals

Financial Profile 25/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Hilton Grand Vac's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Hilton Grand Vac's revenue grew a modest 1.3% year-over-year to $5.0B. This slow but positive growth earns a score of 54/100.

Leverage

Hilton Grand Vac has a moderate D/E ratio of 3.53. This balance of debt and equity financing earns a leverage score of 30/100.

Cash Flow

Hilton Grand Vac has a free cash flow margin of 4.6%, earning a moderate score of 38/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Hilton Grand Vac generates a 6.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100. This is up from 2.7% the prior year.

Piotroski F-Score Strong

7/9

Hilton Grand Vac passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

3.70x

For every $1 of reported earnings, Hilton Grand Vac generates $3.70 in operating cash flow ($300.0M OCF vs $81.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$5.0B

YoY+1.3%

5Y CAGR+41.4%

10Y CAGR+13.1%

Hilton Grand Vac generated $5.0B in revenue in fiscal year 2025. This represents an increase of 1.3% from the prior year.

EBITDA

N/A

Net Income

$81.0M

YoY+72.3%

10Y CAGR-7.4%

Hilton Grand Vac reported $81.0M in net income in fiscal year 2025. This represents an increase of 72.3% from the prior year.

EPS (Diluted)

$0.89

YoY+97.8%

10Y CAGR-6.6%

Hilton Grand Vac earned $0.89 per diluted share (EPS) in fiscal year 2025. This represents an increase of 97.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$230.0M

YoY-13.9%

5Y CAGR+26.5%

10Y CAGR+5.1%

Hilton Grand Vac generated $230.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 13.9% from the prior year.

Cash & Debt

$239.0M

YoY-27.1%

5Y CAGR-11.0%

10Y CAGR+11.7%

Hilton Grand Vac held $239.0M in cash against $4.5B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

83M

YoY-14.0%

5Y CAGR-0.5%

Hilton Grand Vac had 83M shares outstanding in fiscal year 2025. This represents a decrease of 14.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

1.6%

YoY+0.7pp

5Y CAGR+24.1pp

10Y CAGR-10.2pp

Hilton Grand Vac's net profit margin was 1.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.7 percentage points from the prior year.

Return on Equity

6.3%

YoY+3.6pp

5Y CAGR+60.0pp

Hilton Grand Vac's ROE was 6.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$600.0M

YoY+38.9%

5Y CAGR+126.8%

Hilton Grand Vac spent $600.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 38.9% from the prior year.

Capital Expenditures

$70.0M

YoY+66.7%

5Y CAGR+54.3%

10Y CAGR+19.3%

Hilton Grand Vac invested $70.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 66.7% from the prior year.

HGV Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$5.0B+1.3%	$5.0B+25.2%	$4.0B+3.7%	$3.8B+64.2%	$2.3B+161.2%	$894.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$215.0M+8.0%	$199.0M+2.6%	$194.0M-8.5%	$212.0M+40.4%	$151.0M+64.1%	$92.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$311.0M-5.5%	$329.0M+84.8%	$178.0M+25.4%	$142.0M+35.2%	$105.0M+144.2%	$43.0M
Income Tax	$76.0M0.0%	$76.0M-44.1%	$136.0M+5.4%	$129.0M+38.7%	$93.0M+217.7%	-$79.0M
Net Income	$81.0M+72.3%	$47.0M-85.0%	$313.0M-11.1%	$352.0M+100.0%	$176.0M+187.6%	-$201.0M
EPS (Diluted)	$0.89+97.8%	$0.45-83.9%	$2.80-4.4%	$2.93+67.4%	$1.75+174.2%	$-2.36

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$1.3B-3.6%	$1.3B+2.5%	$1.3B+2.7%	$1.3B+10.3%	$1.1B-10.6%	$1.3B-1.7%	$1.3B+5.7%	$1.2B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$49.0M-7.5%	$53.0M-8.6%	$58.0M0.0%	$58.0M+26.1%	$46.0M-11.5%	$52.0M+18.2%	$44.0M-24.1%	$58.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$73.0M-3.9%	$76.0M-3.8%	$79.0M0.0%	$79.0M+2.6%	$77.0M-2.5%	$79.0M-6.0%	$84.0M-3.4%	$87.0M
Income Tax	$6.0M-85.0%	$40.0M+166.7%	$15.0M0.0%	$15.0M+150.0%	$6.0M-73.9%	$23.0M-62.3%	$61.0M+1933.3%	$3.0M
Net Income	$66.0M+37.5%	$48.0M+92.0%	$25.0M0.0%	$25.0M+247.1%	-$17.0M-185.0%	$20.0M-31.0%	$29.0M+1350.0%	$2.0M
EPS (Diluted)	$0.79	N/A	$0.28+12.0%	$0.25+247.1%	$-0.17	N/A	$0.28+1300.0%	$0.02

HGV Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$11.5B+0.8%	$11.4B+31.7%	$8.7B+8.5%	$8.0B0.0%	$8.0B+155.5%	$3.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$239.0M-27.1%	$328.0M-44.3%	$589.0M+164.1%	$223.0M-48.4%	$432.0M+0.9%	$428.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$270.0M-14.3%	$315.0M-37.9%	$507.0M-0.8%	$511.0M+69.2%	$302.0M+153.8%	$119.0M
Goodwill	$2.0B0.0%	$2.0B+40.0%	$1.4B+0.1%	$1.4B+2.8%	$1.4B	$0
Total Liabilities	$10.1B+5.8%	$9.5B+45.3%	$6.6B+12.3%	$5.9B-2.8%	$6.0B+118.1%	$2.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$4.5B-1.2%	$4.6B+50.9%	$3.0B+15.0%	$2.7B-9.0%	$2.9B+151.3%	$1.2B
Total Equity	$1.3B-26.4%	$1.8B-17.2%	$2.1B-1.7%	$2.2B+8.2%	$2.0B+431.6%	$374.0M
Retained Earnings	$34.0M-90.3%	$352.0M-40.6%	$593.0M+12.1%	$529.0M+48.2%	$357.0M+97.2%	$181.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$11.9B+3.4%	$11.5B-1.2%	$11.7B-0.5%	$11.7B-0.4%	$11.8B+3.0%	$11.4B+2.6%	$11.2B-2.7%	$11.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$261.0M+9.2%	$239.0M+11.2%	$215.0M-20.1%	$269.0M+3.9%	$259.0M-21.0%	$328.0M+10.4%	$297.0M-9.5%	$328.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$274.0M+1.5%	$270.0M-38.6%	$440.0M-0.9%	$444.0M+18.4%	$375.0M+19.0%	$315.0M-21.3%	$400.0M-23.7%	$524.0M
Goodwill	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B0.0%	$2.0B+1.3%	$2.0B+1.4%	$1.9B
Total Liabilities	$10.6B+4.8%	$10.1B-0.4%	$10.1B+0.4%	$10.1B+0.4%	$10.1B+5.4%	$9.5B+4.1%	$9.2B-2.3%	$9.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$4.8B+4.7%	$4.5B-3.7%	$4.7B+3.2%	$4.6B+1.9%	$4.5B-2.5%	$4.6B-8.7%	$5.0B+3.2%	$4.9B
Total Equity	$1.2B-7.1%	$1.3B-6.9%	$1.4B-7.0%	$1.5B-5.9%	$1.6B-9.6%	$1.8B-5.0%	$1.8B-3.8%	$1.9B
Retained Earnings	-$5.0M-114.7%	$34.0M-61.4%	$88.0M-47.3%	$167.0M-29.8%	$238.0M-32.4%	$352.0M-15.0%	$414.0M-9.2%	$456.0M

HGV Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$300.0M-2.9%	$309.0M-1.0%	$312.0M-58.2%	$747.0M+344.6%	$168.0M+112.7%	$79.0M
Capital Expenditures	$70.0M+66.7%	$42.0M+35.5%	$31.0M-46.6%	$58.0M+222.2%	$18.0M+125.0%	$8.0M
Free Cash Flow	$230.0M-13.9%	$267.0M-5.0%	$281.0M-59.2%	$689.0M+359.3%	$150.0M+111.3%	$71.0M
Investing Cash Flow	-$146.0M+90.7%	-$1.6B-894.3%	-$158.0M-62.9%	-$97.0M+94.1%	-$1.6B-4842.4%	-$33.0M
Financing Cash Flow	-$338.0M-129.2%	$1.2B+531.7%	$183.0M+123.4%	-$782.0M-147.8%	$1.6B+398.8%	$328.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$600.0M+38.9%	$432.0M+17.4%	$368.0M+35.3%	$272.0M	$0-100.0%	$10.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$128.0M-23.4%	$167.0M+391.2%	$34.0M-44.3%	$61.0M+60.5%	$38.0M-63.8%	$105.0M+15.4%	$91.0M-19.5%	$113.0M
Capital Expenditures	$6.0M-70.0%	$20.0M-4.8%	$21.0M+40.0%	$15.0M+7.1%	$14.0M-6.7%	$15.0M+50.0%	$10.0M+42.9%	$7.0M
Free Cash Flow	$122.0M-17.0%	$147.0M+1030.8%	$13.0M-71.7%	$46.0M+91.7%	$24.0M-73.3%	$90.0M+11.1%	$81.0M-23.6%	$106.0M
Investing Cash Flow	-$20.0M+52.4%	-$42.0M-10.5%	-$38.0M-11.8%	-$34.0M-6.3%	-$32.0M+43.9%	-$57.0M-78.1%	-$32.0M-255.6%	-$9.0M
Financing Cash Flow	-$122.0M-41.9%	-$86.0M-120.5%	-$39.0M-225.0%	-$12.0M+94.0%	-$201.0M-208.6%	$185.0M+242.3%	-$130.0M+24.0%	-$171.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$150.0M0.0%	$150.0M0.0%	$150.0M0.0%	$150.0M0.0%	$150.0M+20.0%	$125.0M+15.7%	$108.0M+8.0%	$100.0M

HGV Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	1.6%+0.7pp	0.9%-6.9pp	7.9%-1.3pp	9.2%+1.6pp	7.5%+30.0pp	-22.5%
Return on Equity	6.3%+3.6pp	2.7%-12.1pp	14.8%-1.6pp	16.4%+7.5pp	8.8%+62.6pp	-53.7%
Return on Assets	0.7%+0.3pp	0.4%-3.2pp	3.6%-0.8pp	4.4%+2.2pp	2.2%+8.6pp	-6.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	3.53+0.9	2.63+1.2	1.44+0.2	1.23-0.2	1.47-1.6	3.10
FCF Margin	4.6%-0.8pp	5.4%-1.7pp	7.1%-10.9pp	18.0%+11.6pp	6.4%-1.5pp	7.9%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	5.1%+1.5pp	3.6%+1.7pp	1.9%-0.1pp	2.0%+3.5pp	-1.5%-3.0pp	1.6%-0.7pp	2.2%+2.1pp	0.2%
Return on Equity	5.5%+1.8pp	3.7%+1.9pp	1.8%+0.1pp	1.7%+2.7pp	-1.1%-2.2pp	1.1%-0.4pp	1.6%+1.5pp	0.1%
Return on Assets	0.5%+0.1pp	0.4%+0.2pp	0.2%0.0pp	0.2%+0.3pp	-0.1%-0.3pp	0.2%-0.1pp	0.3%+0.2pp	0.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	3.97+0.4	3.53+0.1	3.41+0.3	3.07+0.2	2.83+0.2	2.63-0.1	2.73+0.2	2.55
FCF Margin	9.5%-1.5pp	11.0%+10.0pp	1.0%-2.6pp	3.6%+1.5pp	2.1%-4.9pp	7.0%+0.8pp	6.2%-2.4pp	8.6%

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Frequently Asked Questions

What is Hilton Grand Vac's annual revenue?

Hilton Grand Vac (HGV) reported $5.0B in total revenue for fiscal year 2025. This represents a 1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hilton Grand Vac's revenue growing?

Hilton Grand Vac (HGV) revenue grew by 1.3% year-over-year, from $5.0B to $5.0B in fiscal year 2025.

Is Hilton Grand Vac profitable?

Yes, Hilton Grand Vac (HGV) reported a net income of $81.0M in fiscal year 2025, with a net profit margin of 1.6%.

How much debt does Hilton Grand Vac have?

As of fiscal year 2025, Hilton Grand Vac (HGV) had $239.0M in cash and equivalents against $4.5B in long-term debt.

What is Hilton Grand Vac's net profit margin?

Hilton Grand Vac (HGV) had a net profit margin of 1.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Hilton Grand Vac's return on equity (ROE)?

Hilton Grand Vac (HGV) has a return on equity of 6.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Hilton Grand Vac's free cash flow?

Hilton Grand Vac (HGV) generated $230.0M in free cash flow during fiscal year 2025. This represents a -13.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Hilton Grand Vac's operating cash flow?

Hilton Grand Vac (HGV) generated $300.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Hilton Grand Vac's total assets?

Hilton Grand Vac (HGV) had $11.5B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Hilton Grand Vac's capital expenditures?

Hilton Grand Vac (HGV) invested $70.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Hilton Grand Vac buy back shares?

Yes, Hilton Grand Vac (HGV) spent $600.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Hilton Grand Vac have outstanding?

Hilton Grand Vac (HGV) had 83M shares outstanding as of fiscal year 2025.

What is Hilton Grand Vac's debt-to-equity ratio?

Hilton Grand Vac (HGV) had a debt-to-equity ratio of 3.53 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hilton Grand Vac's return on assets (ROA)?

Hilton Grand Vac (HGV) had a return on assets of 0.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Hilton Grand Vac's Piotroski F-Score?

Hilton Grand Vac (HGV) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Hilton Grand Vac's earnings high quality?

Hilton Grand Vac (HGV) has an earnings quality ratio of 3.70x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Hilton Grand Vac?

Hilton Grand Vac (HGV) scores 25 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.