HGV Q3 2023 Earnings — Hilton Grand Vacations Inc. Revenue & Financial Results | Market Cap Arena

HGVHilton Grand Vacations Inc.

$4B

Q3 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.0B-8.8% YoY

Gross Profit

$864M84.9% margin

Operating Income

$180M17.7% margin

Net Income

$92M9.0% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$70M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$5.9B

Stockholders' Equity

$2.1B

Cash & Equivalents

$535M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$1.1B	-8.8%
Gross Profit	$864M	$339M	+154.9%
Operating Income	$180M	$256M	-29.7%
Net Income	$92M	$150M	-38.7%

Revenue Segments

Sales Of Vacation Ownership Intervals Net

$367M36%

Rental And Ancillary Service

$171M17%

Sales Marketing Brand And Other Fees

$170M17%

Resort And Club Management

$138M14%

Cost Reimbursements

$97M10%

Financing

$75M7%