Hilton Grand Vacations (HGV) Free Cash Flow (2016 - 2026)
Hilton Grand Vacations' Free Cash Flow was $73 million in Q3 2026, up 461.5% from $13 million a year earlier but down 44.3% from the prior quarter.
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Analysis
Hilton Grand Vacations (HGV) Free Cash Flow (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hilton Grand Vacations' Free Cash Flow was $473 million through Sep 30, 2026, up 173.4% year-over-year; for FY2025, it was $230 million, down 13.9% from FY2024.
- Free Cash Flow has now declined for three consecutive years, though with a five-year compound annual growth rate of 26.5% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $267 million in FY2024 (-5.0%), $281 million in FY2023 (-59.2%), $689 million in FY2022 (+359.3%) and $150 million in FY2021 (+111.3%).
- Quarterly Free Cash Flow has moved between -$49 million (Q4 2022) and $262 million (Q1 2022) over five years.
- Compared with a year earlier, Free Cash Flow has increased for four straight quarters, with growth averaging 162.9% over the last six quarters.
- The best year-over-year quarter for Free Cash Flow over five years was Q2 2022 (growth of 822.2%); the worst was Q1 2023 (a decline of 92.0%).
- Per Business Quant data, HGV's Free Cash Flow in the three quarters before Q3 2026 was $131 million (Q2 2026), $122 million (Q1 2026) and $147 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 107.45 Bn | 105.72 Bn | 1.54 Bn | 1.30 Bn |
| 2 | Royal Caribbean Cruises | 86.31 Bn | 83.44 Bn | 2.88 Bn | 937.00 Mn |
| 3 | Hilton Worldwide Holdings | 82.46 Bn | 79.23 Bn | 3.05 Bn | 689.00 Mn |
| 4 | Carnival | 39.77 Bn | 32.98 Bn | - | 712.00 Mn |
| 5 | Viking Holdings | 38.85 Bn | 23.98 Bn | 996.62 Mn | -1.41 Bn |
| 6 | Intercontinental Hotels | 28.94 Bn | 24.91 Bn | - | - |
| 7 | Trip.com | 28.46 Bn | -16.34 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 17.28 Bn | 15.01 Bn | 384.00 Mn | -157.00 Mn |
| 9 | H World | 15.43 Bn | 6.85 Bn | 456.00 Mn | 528.00 Mn |
| 10 | Hilton Grand Vacations | 3.31 Bn | 2.47 Bn | 854.00 Mn | 73.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 73.00 Mn |
| Jun 30, 2026 | 131.00 Mn |
| Mar 31, 2026 | 122.00 Mn |
| Dec 31, 2025 | 147.00 Mn |
| Sep 30, 2025 | 13.00 Mn |
| Jun 30, 2025 | 46.00 Mn |
| Mar 31, 2025 | 24.00 Mn |
| Dec 31, 2024 | 90.00 Mn |
| Sep 30, 2024 | 81.00 Mn |
| Jun 30, 2024 | 106.00 Mn |
| Mar 31, 2024 | -10.00 Mn |
| Dec 31, 2023 | -13.00 Mn |
| Sep 30, 2023 | 83.00 Mn |
| Jun 30, 2023 | 190.00 Mn |
| Mar 31, 2023 | 21.00 Mn |
| Dec 31, 2022 | -49.00 Mn |
| Sep 30, 2022 | 227.00 Mn |
| Jun 30, 2022 | 249.00 Mn |
| Mar 31, 2022 | 262.00 Mn |
| Dec 31, 2021 | 125.00 Mn |
API Access
Hilton Grand Vacations Free Cash Flow 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=free-cash-flow&ticker=HGV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=HGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();