Hilton Grand Vacations Inc. (HGV)

Hilton Grand Vacations Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,200	3,978	3,835	2,335	894	1,838
Revenue Growth (YoY)	5.26%	3.73%	64.24%	161.19%	-51.36%	-8.05%
Cost of Revenue	1,541	1,468	1,414	827	361	541
Gross Profit	2,659	2,510	2,421	1,508	533	1,297
Selling, General & Admin	1,578	1,475	1,358	804	473	837
Other Operating Expenses	536	420	453	340	302	148
Operating Expenses	2,114	1,895	1,811	1,144	775	985
Operating Income	545	615	610	364	-242	312
Interest Expense / Income	213	178	142	105	43	43
Other Expense / Income	-12	-12	-13	-10	-5	-4
Pretax Income	344	449	481	269	-280	273
Income Tax	108	136	129	93	-79	57
Net Income	236	313	352	176	-201	216
Net Income Growth	-36.90%	-11.08%	100.00%	-	-	-27.52%
Shares Outstanding (Basic)	104	108	115	120	85	85
Shares Change	-6.86%	-6.15%	-3.99%	40.81%	-0.43%	-11.81%
EPS (Basic)	2.15	2.84	2.98	1.77	-2.36	2.43
EPS (Diluted)	2.12	2.80	2.93	1.75	-2.36	2.42
EPS Growth	-33.33%	-4.44%	67.43%	-	-	-20.66%
Free Cash Flow	203	237	650	129	48	82
Free Cash Flow Per Share	1.94	2.19	5.65	1.08	0.56	0.96
Gross Margin	63.31%	63.10%	63.13%	64.58%	59.62%	70.57%
Operating Margin	12.98%	15.46%	15.91%	15.59%	-27.07%	16.97%
Profit Margin	5.62%	7.87%	9.18%	7.54%	-22.48%	11.75%
Free Cash Flow Margin	4.83%	5.96%	16.95%	5.52%	5.37%	4.46%
Effective Tax Rate	31.40%	30.29%	26.82%	34.57%	-	20.88%
EBITDA	781	840	867	500	-192	360
EBITDA Margin	18.60%	21.12%	22.61%	21.41%	-21.48%	19.59%
Depreciation & Amortization	224	213	244	126	45	44
EBIT	557	627	623	374	-237	316
EBIT Margin	13.26%	15.76%	16.25%	16.02%	-26.51%	17.19%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).