HGV Q2 2023 Earnings — Hilton Grand Vacations Inc. Revenue & Financial Results | Market Cap Arena

HGVHilton Grand Vacations Inc.

$4B

Q2 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.0B+6.2% YoY

Gross Profit

$252M25.0% margin

Operating Income

$170M16.9% margin

Net Income

$80M7.9% margin

EPS (Diluted)

$0.71

QoQ Revenue Growth

+7.8%

Cash Flow

Operating Cash Flow

$194M

Free Cash Flow

$180M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$8.2B

Total Liabilities

$6.0B

Stockholders' Equity

$2.1B

Cash & Equivalents

$588M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$948M	+6.2%
Gross Profit	$252M	$259M	-2.7%
Operating Income	$170M	$161M	+5.6%
Net Income	$80M	$73M	+9.6%

Revenue Segments

Rental And Ancillary Service

$173M36%

Resort And Club Management

$133M28%

Cost Reimbursements

$97M20%

Financing

$76M16%