HGV Q2 2024 Earnings — Hilton Grand Vacations Inc. Revenue & Financial Results | Market Cap Arena

HGVHilton Grand Vacations Inc.

$4B

Q2 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.2B+22.6% YoY

Gross Profit

$240M19.4% margin

Operating Income

$142M11.5% margin

Net Income

$2M0.2% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+6.8%

Cash Flow

Operating Cash Flow

$113M

Free Cash Flow

$95M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$11.5B

Total Liabilities

$9.4B

Stockholders' Equity

$1.9B

Cash & Equivalents

$328M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.0B	+22.6%
Gross Profit	$240M	$252M	-4.8%
Operating Income	$142M	$170M	-16.5%
Net Income	$2M	$80M	-97.5%

Revenue Segments

Sales Of Vacation Ownership Intervals Net

$471M38%

Rental And Ancillary Service

$195M16%

Resort And Club Management

$171M14%

Sales Marketing Brand And Other Fees

$167M14%

Cost Reimbursements

$129M10%

Financing

$102M8%