HGV Q1 2023 Earnings — Hilton Grand Vacations Inc. Revenue & Financial Results | Market Cap Arena

HGVHilton Grand Vacations Inc.

$4B

Q1 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$934M+19.9% YoY

Gross Profit

$219M23.4% margin

Operating Income

$147M15.7% margin

Net Income

$73M7.8% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$15M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$8.5B

Total Liabilities

$6.3B

Stockholders' Equity

$2.1B

Cash & Equivalents

$752M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$934M	$779M	+19.9%
Gross Profit	$219M	$183M	+19.7%
Operating Income	$147M	$116M	+26.7%
Net Income	$73M	$51M	+43.1%

Revenue Segments

Rental And Ancillary Service

$158M34%

Resort And Club Management

$131M29%

Cost Reimbursements

$95M21%

Financing

$74M16%