Hilton Grand Vacations (HGV) Operating Margin (2016 - 2026)

Hilton Grand Vacations has disclosed Operating Margin across 11 years of filings, most recently posting 2.96% for Q1 2026.

• Operating Margin for Q1 2026 came in at 2.96%, down 644.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.56% (up 2305.0% YoY), and the FY2025 annual result was 9.11%, up 1445.0% from the prior year.
• Operating Margin came in at 2.96% for Q1 2026 at Hilton Grand Vacations, down from 42.01% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 42.98% in Q4 2023 to a low of 45.95% in Q4 2024.
• The 5-year median for Operating Margin is 11.35% (2023), against an average of 9.49%.
• Across the five-year window, Operating Margin sank 13882 bps in 2022 and soared 8796 bps in 2025, its largest moves.
• Hilton Grand Vacations' Operating Margin stood at 21.88% in 2022, then soared by 96 bps to 42.98% in 2023, then slumped by 207 bps to 45.95% in 2024, then jumped by 191 bps to 42.01% in 2025, then sank by 107 bps to 2.96% in 2026.
• The last three Operating Margin figures came in at 2.96% (Q1 2026), 42.01% (Q4 2025), and 9.31% (Q3 2025), per Business Quant data.