Hilton Grand Vacations (HGV) Non Operating Interest Expenses (2016 - 2026)
Hilton Grand Vacations' Non Operating Interest Expenses came in at $70 million for Q2 2026, down 11.4% from $79 million a year earlier and down 4.1% from the prior quarter.
Hilton Grand Vacations (HGV) Non Operating Interest Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hilton Grand Vacations reported Non Operating Interest Expenses of $298 million, down 6.6% year-over-year; for FY2025, it was $311 million, down 5.5% from FY2024.
- Non Operating Interest Expenses carries a five-year compound annual growth rate of 48.5% (FY2020 to FY2025).
- Going back by year, Non Operating Interest Expenses was $329 million in FY2024 (+84.8%), $178 million in FY2023 (+25.4%), $142 million in FY2022 (+35.2%) and $105 million in FY2021 (+144.2%).
- The Q2 2026 figure represents the lowest quarterly Non Operating Interest Expenses since Q4 2023.
- Year-over-year, Non Operating Interest Expenses has declined for six consecutive quarters, with growth averaging 15.5% over the last eight quarters.
- The fastest year-over-year change in Non Operating Interest Expenses over five years came in Q3 2021 (growth of 320.0%), and the weakest in Q3 2022 (a decline of 11.9%).
- Business Quant data shows HGV's Non Operating Interest Expenses at $73 million (Q1 2026), $76 million (Q4 2025) and $79 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.52 Bn | 90.57 Bn | 1.55 Bn | 221.00 Mn |
| 2 | Royal Caribbean Cruises | 72.24 Bn | 69.82 Bn | 2.29 Bn | 236.00 Mn |
| 3 | Hilton Worldwide Holdings | 71.21 Bn | 67.69 Bn | 3.08 Bn | 183.00 Mn |
| 4 | Viking Holdings | 35.26 Bn | 20.39 Bn | 996.62 Mn | -82.17 Mn |
| 5 | Carnival | 33.74 Bn | 26.94 Bn | - | 285.00 Mn |
| 6 | Intercontinental Hotels | 26.60 Bn | 22.16 Bn | - | - |
| 7 | Trip.com | 25.18 Bn | -20.37 Bn | 1.84 Bn | -17.00 Mn |
| 8 | Hyatt Hotels | 15.18 Bn | 12.66 Bn | 388.00 Mn | 64.00 Mn |
| 9 | H World | 12.91 Bn | 3.84 Bn | - | -9.00 Mn |
| 10 | Hilton Grand Vacations | 2.72 Bn | 1.89 Bn | 499.00 Mn | 70.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.00 Mn |
| Mar 31, 2026 | 73.00 Mn |
| Dec 31, 2025 | 76.00 Mn |
| Sep 30, 2025 | 79.00 Mn |
| Jun 30, 2025 | 79.00 Mn |
| Mar 31, 2025 | 77.00 Mn |
| Dec 31, 2024 | 79.00 Mn |
| Sep 30, 2024 | 84.00 Mn |
| Jun 30, 2024 | 87.00 Mn |
| Mar 31, 2024 | 79.00 Mn |
| Dec 31, 2023 | 45.00 Mn |
| Sep 30, 2023 | 45.00 Mn |
| Jun 30, 2023 | 44.00 Mn |
| Mar 31, 2023 | 44.00 Mn |
| Dec 31, 2022 | 37.00 Mn |
| Sep 30, 2022 | 37.00 Mn |
| Jun 30, 2022 | 35.00 Mn |
| Mar 31, 2022 | 33.00 Mn |
| Dec 31, 2021 | 31.00 Mn |
| Sep 30, 2021 | 42.00 Mn |
Hilton Grand Vacations Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=HGV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=HGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();