HGV Q1 2024 Earnings — Hilton Grand Vacations Inc. Revenue & Financial Results | Market Cap Arena

HGVHilton Grand Vacations Inc.

$4B

Q1 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.2B+23.8% YoY

Gross Profit

$257M22.2% margin

Operating Income

$177M15.3% margin

Net Income

-$4M-0.3% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+13.4%

Cash Flow

Operating Cash Flow

$0

Free Cash Flow

-$19M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$11.7B

Total Liabilities

$9.5B

Stockholders' Equity

$2.0B

Cash & Equivalents

$355M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$934M	+23.8%
Gross Profit	$257M	$219M	+17.4%
Operating Income	$177M	$147M	+20.4%
Net Income	-$4M	$73M	-105.5%

Revenue Segments

Sales Of Vacation Ownership Intervals Net

$438M38%

Rental And Ancillary Service

$181M16%

Resort And Club Management

$166M14%

Sales Marketing Brand And Other Fees

$145M13%

Cost Reimbursements

$122M11%

Financing

$104M9%