Hilton Grand Vacations (HGV) Gross Margin (2017 - 2026)
Hilton Grand Vacations' (HGV) quarterly Gross Margin came in at 36.75% in Q2 2026, up 231.0% year-over-year from 11.1% in Q2 2025, and down 1.01% quarter-over-quarter from 37.12% in Q1 2026.
Analysis
Hilton Grand Vacations (HGV) Gross Margin (2017 - 2026) Analysis & Trends
Hilton Grand Vacations has disclosed Gross Margin across 10 years of filings, most recently posting 36.75% for Q2 2026.
- In Q2 2026, Gross Margin rose 231.0% year-over-year to 36.75%; the TTM figure through Jun 2026 stood at 37.04% (up 122.0% YoY), while the FY2025 annual figure was 35.61%, down 156.0% from the prior year.
- Gross Margin came in at 36.75% for Q2 2026 at Hilton Grand Vacations, down from 37.12% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 71.15% in Q3 2022 to a low of 42.54% in Q4 2022.
- Average Gross Margin over 5 years is 38.72%, with a median of 37.57% recorded in 2024.
- Year-over-year, Gross Margin slumped 11617 bps in 2022 and soared 7414 bps in 2024.
- Over 5 years, Gross Margin stood at 42.54% in 2022, then advanced by 14 bps to 36.6% in 2023, then soared by 203 bps to 37.54% in 2024, then increased by 4 bps to 38.93% in 2025, then slipped by 6 bps to 36.75% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 36.75% in Q2 2026, 37.12% in Q1 2026, and 38.93% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Travel & Leisure | 4.06 Bn | 3.78 Bn | 891.00 Mn | 83.82% |
| 2 | Marriott Vacations Worldwide | 3.53 Bn | 3.23 Bn | 1.29 Bn | 97.80% |
| 3 | Hilton Grand Vacations | 3.11 Bn | 2.84 Bn | 499.00 Mn | 36.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.75% |
| Mar 31, 2026 | 37.12% |
| Dec 31, 2025 | 38.93% |
| Sep 30, 2025 | 35.31% |
| Jun 30, 2025 | 34.44% |
| Mar 31, 2025 | 33.36% |
| Dec 31, 2024 | 37.54% |
| Sep 30, 2024 | 37.60% |
| Jun 30, 2024 | 35.38% |
| Mar 31, 2024 | 38.15% |
| Dec 31, 2023 | -36.60% |
| Sep 30, 2023 | 67.19% |
| Jun 30, 2023 | 66.63% |
| Mar 31, 2023 | 67.77% |
| Dec 31, 2022 | -42.54% |
| Sep 30, 2022 | 71.15% |
| Jun 30, 2022 | 70.04% |
| Mar 31, 2022 | 68.81% |
| Dec 31, 2021 | 73.63% |
| Sep 30, 2021 | 74.78% |