Hilton Grand Vacations (HGV) Tax Rate (2016 - 2026)
Hilton Grand Vacations (HGV) reported Tax Rate of 28.26% for Q3 2026, down 5.07 percentage points from 33.33% a year earlier and down 6.52 percentage points from the prior quarter.
Hilton Grand Vacations (HGV) Tax Rate (2016 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Hilton Grand Vacations' Tax Rate came in at 28.31%, down 16.73 percentage points year-over-year; for FY2025, it was 43.43%, down 12.45 percentage points from FY2024.
- Tax Rate has a four-year change of +8.86 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at 55.88% in FY2024 (+25.59 pp), 30.29% in FY2023 (+3.47 pp), 26.82% in FY2022 (-7.75 pp) and 34.57% in FY2021.
- Five-year quarterly Tax Rate spans a low of 8.11% in Q1 2026 and a high of 65.59% in Q3 2024.
- Year over year, Tax Rate gained in 1 of the last six quarters, with an average year-over-year change of -6.57 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2024 (a gain of 33.24 percentage points); the low point was Q3 2025 (a drop of 32.26 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 34.78% (Q2 2026), 8.11% (Q1 2026) and 43.01% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 25.09% |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 1.53% |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 25.76% |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 0.83% |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 1.14% |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | 22.78% |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | - |
| 10 | Hilton Grand Vacations | 3.39 Bn | 2.39 Bn | 854.00 Mn | 28.26% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.26% |
| Jun 30, 2026 | 34.78% |
| Mar 31, 2026 | 8.11% |
| Dec 31, 2025 | 43.01% |
| Sep 30, 2025 | 33.33% |
| Jun 30, 2025 | 34.88% |
| Dec 31, 2024 | 46.94% |
| Sep 30, 2024 | 65.59% |
| Jun 30, 2024 | 42.86% |
| Dec 31, 2023 | 37.04% |
| Sep 30, 2023 | 32.35% |
| Jun 30, 2023 | 30.43% |
| Mar 31, 2023 | 18.89% |
| Dec 31, 2022 | 15.22% |
| Sep 30, 2022 | 26.47% |
| Jun 30, 2022 | 35.96% |
| Mar 31, 2022 | 28.17% |
| Dec 31, 2021 | 38.52% |
| Sep 30, 2021 | 33.11% |
| Jun 30, 2021 | 25.00% |
Hilton Grand Vacations Tax Rate 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=tax-rate&ticker=HGV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=HGV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();