Hilton Grand Vacations (HGV) Invested Capital (2016 - 2026)
Hilton Grand Vacations' Invested Capital came in at $6.35 billion for Q3 2026, up 1.5% from $6.26 billion a year earlier and up 3.6% from the prior quarter.
Hilton Grand Vacations (HGV) Invested Capital (2016 - 2026) Analysis & Trends
For FY2025, Hilton Grand Vacations' Invested Capital was $5.99 billion, down 7.9% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 39.3% (FY2020 to FY2025).
- Going back by year, Invested Capital was $6.5 billion in FY2024 (+25.8%), $5.16 billion in FY2023 (+7.5%), $4.8 billion in FY2022 (+44.8%) and $3.32 billion in FY2021 (+190.9%).
- The Q3 2026 figure represents the highest quarterly Invested Capital since Q4 2024.
- Year-over-year, Invested Capital increased in two of the last eight quarters, with an average decline of 2.5%.
- The fastest year-over-year change in Invested Capital over five years came in Q2 2022 (growth of 365.0%), and the weakest in Q1 2025 (a decline of 14.9%).
- Business Quant data shows HGV's Invested Capital at $6.13 billion (Q2 2026), $6.11 billion (Q1 2026) and $5.99 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 11.76 Bn |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 34.27 Bn |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 6.76 Bn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 38.12 Bn |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 7.60 Bn |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | 27.57 Bn |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | -4.02 Bn |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | 7.93 Bn |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 2.72 Bn |
| 10 | Hilton Grand Vacations | 3.39 Bn | 2.39 Bn | 854.00 Mn | 6.35 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.35 Bn |
| Jun 30, 2026 | 6.13 Bn |
| Mar 31, 2026 | 6.11 Bn |
| Dec 31, 2025 | 5.99 Bn |
| Sep 30, 2025 | 6.26 Bn |
| Jun 30, 2025 | 6.21 Bn |
| Mar 31, 2025 | 6.22 Bn |
| Dec 31, 2024 | 6.50 Bn |
| Sep 30, 2024 | 7.03 Bn |
| Jun 30, 2024 | 6.97 Bn |
| Mar 31, 2024 | 7.31 Bn |
| Dec 31, 2023 | 5.16 Bn |
| Sep 30, 2023 | 4.88 Bn |
| Jun 30, 2023 | 5.05 Bn |
| Mar 31, 2023 | 5.07 Bn |
| Dec 31, 2022 | 4.80 Bn |
| Sep 30, 2022 | 4.77 Bn |
| Jun 30, 2022 | 4.86 Bn |
| Mar 31, 2022 | 3.27 Bn |
| Dec 31, 2021 | 3.32 Bn |
Hilton Grand Vacations Invested Capital 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=invested-capital&ticker=HGV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=HGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();