Hilton Grand Vacations (HGV) Deferred Taxes (2016 - 2025)
Hilton Grand Vacations (HGV) posted Deferred Taxes of -$62.0 million for Q4 2025, down 1133.33% sequentially from $6.0 million in Q1 2025, and down 113.79% YoY from $449.5 million in Q4 2024.
Hilton Grand Vacations (HGV) Deferred Taxes (2016 - 2025) Analysis & Trends
Hilton Grand Vacations has reported Deferred Taxes for 10 years, with the latest figure at -$62.0 million in Q4 2025.
- Quarterly Deferred Taxes fell 113.79% year-over-year to -$62.0 million in Q4 2025, while the trailing twelve-month figure through Jun 2026 was -$62.0 million (down 169.57% YoY) and the FY2025 annual result came in at -$56.0 million, down 93.1% from the prior year.
- Deferred Taxes slipped to -$62.0 million in Q4 2025 per HGV's latest filing, from $6.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $49.0 million in Q4 2021 and troughed at -$62.0 million in Q4 2025.
- A 5-year average of -$9.8 million and a median of -$21.0 million in 2021 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2021 and 2022: Deferred Taxes jumped 230.43% in 2021, then sank 175.51% in 2022.
- Over 5 years, Deferred Taxes stood at $49.0 million in 2021, then plunged by 175.51% to -$37.0 million in 2022, then surged by 37.84% to -$23.0 million in 2023, then dropped by 26.09% to -$29.0 million in 2024, then slumped by 113.79% to -$62.0 million in 2025.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$62.0 million, $6.0 million, and -$29.0 million for Q4 2025, Q1 2025, and Q4 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.78 Bn | 27.40 Bn | 1.81 Bn | 4.00 Mn |
| 2 | MGM Resorts International | 11.10 Bn | 8.55 Bn | 3.10 Bn | -33.06 Mn |
| 3 | Wynn Resorts | 10.30 Bn | 8.73 Bn | 1.14 Bn | 12.45 Mn |
| 4 | Caesars Entertainment | 6.07 Bn | 5.01 Bn | 2.04 Bn | -12.00 Mn |
| 5 | Boyd Gaming | 6.06 Bn | 5.73 Bn | 766.76 Mn | -31.09 Mn |
| 6 | Vail Resorts | 5.46 Bn | 5.09 Bn | - | 105.63 Mn |
| 7 | Marriott Vacations Worldwide | 3.91 Bn | 3.61 Bn | 1.29 Bn | -15.00 Mn |
| 8 | Hilton Grand Vacations | 3.57 Bn | 3.30 Bn | 499.00 Mn | - |
| 9 | Red Rock Resorts | 3.53 Bn | 2.93 Bn | 420.02 Mn | -5.68 Mn |
| 10 | PENN Entertainment | 2.49 Bn | 1.60 Bn | 1.02 Bn | 17.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -62.00 Mn |
| Mar 31, 2025 | 6.00 Mn |
| Dec 31, 2024 | -29.00 Mn |
| Dec 31, 2023 | -23.00 Mn |
| Dec 31, 2022 | -37.00 Mn |
| Sep 30, 2022 | -1.00 Mn |
| Dec 31, 2021 | 49.00 Mn |
| Jun 30, 2021 | 30.00 Mn |
| Mar 31, 2021 | -21.00 Mn |
| Dec 31, 2020 | -73.00 Mn |
| Sep 30, 2020 | -19.00 Mn |
| Jun 30, 2020 | -23.00 Mn |
| Mar 31, 2020 | -8.00 Mn |
| Dec 31, 2019 | 24.00 Mn |
| Sep 30, 2019 | -12.00 Mn |
| Jun 30, 2019 | -14.00 Mn |
| Mar 31, 2019 | 5.00 Mn |
| Dec 31, 2018 | 41.00 Mn |
| Sep 30, 2018 | -15.00 Mn |
| Jun 30, 2018 | 2.00 Mn |