Hilton Grand Vacations (HGV) Other Operating Expenses (2016 - 2026)
Hilton Grand Vacations' Other Operating Expenses came in at $1.32 billion for Q3 2026, up 25.6% from $1.05 billion a year earlier and up 17.2% from the prior quarter.
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Analysis
Hilton Grand Vacations (HGV) Other Operating Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Hilton Grand Vacations reported Other Operating Expenses of $4.51 billion, up 10.1% year-over-year; for FY2025, it was $4.1 billion, up 1.0% from FY2024.
- Other Operating Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 38.9% (FY2020 to FY2025).
- Going back by year, Other Operating Expenses was $4.05 billion in FY2024 (+37.2%), $2.96 billion in FY2023 (+7.4%), $2.75 billion in FY2022 (+65.1%) and $1.67 billion in FY2021 (+110.1%).
- The Q3 2026 figure represents the highest quarterly Other Operating Expenses in data going back to Q1 2016.
- Year-over-year, Other Operating Expenses has increased for six consecutive quarters, with growth averaging 10.1% over the last eight quarters.
- The fastest year-over-year change in Other Operating Expenses over five years came in Q4 2021 (growth of 216.7%), and the weakest in Q3 2023 (a decline of 3.5%).
- Business Quant data shows HGV's Other Operating Expenses at $1.13 billion (Q2 2026), $1.02 billion (Q1 2026) and $1.03 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 110.68 Bn | 108.95 Bn | 1.54 Bn |
| 2 | Royal Caribbean Cruises | 89.14 Bn | 86.08 Bn | 2.88 Bn |
| 3 | Hilton Worldwide Holdings | 84.27 Bn | 81.00 Bn | 3.05 Bn |
| 4 | Carnival | 42.55 Bn | 35.73 Bn | - |
| 5 | Viking Holdings | 40.29 Bn | 25.41 Bn | 996.62 Mn |
| 6 | Trip.com | 28.08 Bn | -16.96 Bn | 1.84 Bn |
| 7 | Intercontinental Hotels | 27.09 Bn | 23.05 Bn | - |
| 8 | Hyatt Hotels | 17.83 Bn | 15.25 Bn | 384.00 Mn |
| 9 | H World | 15.45 Bn | 6.85 Bn | 456.00 Mn |
| 10 | Hilton Grand Vacations | 3.37 Bn | 2.37 Bn | 854.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.39 Bn |
| Jun 30, 2026 | 1.20 Bn |
| Mar 31, 2026 | 1.09 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 1.12 Bn |
| Jun 30, 2025 | 1.10 Bn |
| Mar 31, 2025 | 1.04 Bn |
| Dec 31, 2024 | 1.10 Bn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.08 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 806.00 Mn |
| Sep 30, 2023 | 798.00 Mn |
| Jun 30, 2023 | 805.00 Mn |
| Mar 31, 2023 | 762.00 Mn |
| Dec 31, 2022 | 811.00 Mn |
| Sep 30, 2022 | 829.00 Mn |
| Jun 30, 2022 | 735.00 Mn |
| Mar 31, 2022 | 637.00 Mn |
| Dec 31, 2021 | 625.00 Mn |
API Access
Hilton Grand Vacations Other Operating 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=other-operating-expenses&ticker=HGV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-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=other-operating-expenses&ticker=HGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();