Hilton Grand Vacations (HGV) Change in Intangibles (2016 - 2026)
Hilton Grand Vacations (HGV) reported Change in Intangibles of $21 million for Q3 2026, up 23.5% from $17 million a year earlier and up 16.7% from the prior quarter.
Hilton Grand Vacations (HGV) Change in Intangibles (2016 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Hilton Grand Vacations' Change in Intangibles came in at $75 million, down 21.9% year-over-year; for FY2025, it was $76 million, down 9.5% from FY2024.
- Change in Intangibles has a five-year compound annual growth rate of 27.0% (FY2020 to FY2025).
- By year, Change in Intangibles came in at $84 million in FY2024 (+90.9%), $44 million in FY2023 (+12.8%), $39 million in FY2022 (+85.7%) and $21 million in FY2021 (-8.7%).
- Five-year quarterly Change in Intangibles spans a low of $6 million in Q1 2022 and a high of $42 million in Q4 2024.
- Year over year, Change in Intangibles gained in four of the last eight quarters, with growth averaging 34.8%.
- The high point for year-over-year Change in Intangibles in five years was Q4 2024 (growth of 180.0%); the low point was Q4 2025 (a decline of 47.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $18 million (Q2 2026), $14 million (Q1 2026) and $22 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | - |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | - |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 23.00 Mn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | - |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | - |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | - |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | - |
| 10 | Hilton Grand Vacations | 3.39 Bn | 2.39 Bn | 854.00 Mn | 21.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.00 Mn |
| Jun 30, 2026 | 18.00 Mn |
| Mar 31, 2026 | 14.00 Mn |
| Dec 31, 2025 | 22.00 Mn |
| Sep 30, 2025 | 17.00 Mn |
| Jun 30, 2025 | 19.00 Mn |
| Mar 31, 2025 | 18.00 Mn |
| Dec 31, 2024 | 42.00 Mn |
| Sep 30, 2024 | 22.00 Mn |
| Jun 30, 2024 | 11.00 Mn |
| Mar 31, 2024 | 9.00 Mn |
| Dec 31, 2023 | 15.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jun 30, 2023 | 10.00 Mn |
| Mar 31, 2023 | 6.00 Mn |
| Dec 31, 2022 | 13.00 Mn |
| Sep 30, 2022 | 10.00 Mn |
| Jun 30, 2022 | 10.00 Mn |
| Mar 31, 2022 | 6.00 Mn |
| Dec 31, 2021 | 7.00 Mn |
Hilton Grand Vacations Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=HGV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "HGV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=HGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();