Hilton Grand Vacations (HGV) Net Margin (2016 - 2026)
Hilton Grand Vacations (HGV) posted Net Margin of 1.1% for Q2 2026, down 79.13% sequentially from 5.29% in Q1 2026, and down 111.0% YoY from 10.04% in Q2 2025.
Hilton Grand Vacations (HGV) Net Margin (2016 - 2026) Analysis & Trends
Hilton Grand Vacations has reported Net Margin for 11 years, with the latest figure at 1.1% in Q2 2026.
- Quarterly Net Margin fell 111.0% year-over-year to 1.1% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 3.15% (up 167.0% YoY) and the FY2025 annual result came in at 1.96%, up 76.0% from the prior year.
- Net Margin retreated to 1.1% in Q2 2026 per HGV's latest filing, from 5.29% in the prior quarter.
- Over five years, Net Margin peaked at 13.44% in Q3 2022 and troughed at 1.05% in Q1 2025.
- A 5-year average of 4.75% and a median of 4.63% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2024: Net Margin soared 1288 bps in 2022, then plunged 799 bps in 2024.
- Over 5 years, Net Margin stood at 7.86% in 2022, then slipped by 15 bps to 6.67% in 2023, then slumped by 70 bps to 2.02% in 2024, then surged by 96 bps to 3.98% in 2025, then tumbled by 72 bps to 1.1% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 1.1%, 5.29%, and 3.98% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.64 Bn | 27.26 Bn | 1.81 Bn | 11.83% |
| 2 | MGM Resorts International | 11.05 Bn | 8.50 Bn | 3.10 Bn | 7.25% |
| 3 | Wynn Resorts | 10.35 Bn | 8.78 Bn | 1.14 Bn | 9.83% |
| 4 | Boyd Gaming | 6.08 Bn | 5.76 Bn | 766.76 Mn | 12.56% |
| 5 | Caesars Entertainment | 6.07 Bn | 5.00 Bn | 2.04 Bn | -1.37% |
| 6 | Vail Resorts | 5.49 Bn | 5.12 Bn | - | 28.23% |
| 7 | Marriott Vacations Worldwide | 3.89 Bn | 3.59 Bn | 1.29 Bn | 5.83% |
| 8 | Hilton Grand Vacations | 3.58 Bn | 3.31 Bn | 499.00 Mn | 1.10% |
| 9 | Red Rock Resorts | 3.55 Bn | 2.94 Bn | 420.02 Mn | 15.01% |
| 10 | PENN Entertainment | 2.52 Bn | 1.64 Bn | 1.02 Bn | 1.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10% |
| Mar 31, 2026 | 5.29% |
| Dec 31, 2025 | 3.98% |
| Sep 30, 2025 | 2.31% |
| Jun 30, 2025 | 2.21% |
| Mar 31, 2025 | -1.05% |
| Dec 31, 2024 | 2.02% |
| Sep 30, 2024 | 2.45% |
| Jun 30, 2024 | 0.32% |
| Mar 31, 2024 | -0.17% |
| Dec 31, 2023 | 6.67% |
| Sep 30, 2023 | 9.04% |
| Jun 30, 2023 | 7.94% |
| Mar 31, 2023 | 7.82% |
| Dec 31, 2022 | 7.86% |
| Sep 30, 2022 | 13.44% |
| Jun 30, 2022 | 7.70% |
| Mar 31, 2022 | 6.55% |
| Dec 31, 2021 | -5.01% |
| Sep 30, 2021 | 10.67% |