Earnings summaries and quarterly performance for Hilton Grand Vacations.
Executive leadership at Hilton Grand Vacations.
Mark Wang
Detailed
Chief Executive Officer
CEO
Charles Corbin
Detailed
Senior Executive Vice President, Chief Legal Officer, General Counsel & Corporate Operations, and Secretary
Daniel Mathewes
Detailed
President and Chief Financial Officer
Erin Day
Detailed
Executive Vice President, Finance
Gordon Gurnik
Detailed
Senior Executive Vice President and Chief Operating Officer
Board of directors at Hilton Grand Vacations.
Research analysts who have asked questions during Hilton Grand Vacations earnings calls.
Brandt Montour
Barclays PLC
4 questions for HGV
Also covers: BALY, BYD, CCL +23 more
Stephen Grambling
Morgan Stanley
4 questions for HGV
Also covers: BC, BYD, CHH +21 more
Ben Chaiken
Mitsui
3 questions for HGV
Also covers: CCL, CHDN, DKNG +6 more
Charles Scholes
Not Disclosed
2 questions for HGV
Also covers: ABNB, CERT, CHH +8 more
Chris Woronka
Deutsche Bank AG
2 questions for HGV
Also covers: CAR, DRH, FUN +13 more
C. Patrick Scholes
Truist Securities
2 questions for HGV
Also covers: CHH, H, MTN +3 more
Benjamin Chaiken
Mizuho Financial Group, Inc.
1 question for HGV
Also covers: BYD, CCL, CHDN +14 more
David Katz
Jefferies Financial Group Inc.
1 question for HGV
Also covers: AGS, BALY, BYD +34 more
Elizabeth Dove
Goldman Sachs
1 question for HGV
Also covers: ARMK, CAR, CCL +11 more
Patrick Scholes
Truist Financial Corporation
1 question for HGV
Also covers: CCL, CHH, CUK +12 more
Recent press releases and 8-K filings for HGV.
Hilton Grand Vacations Reports Mixed 2025 Financial Results and Share Repurchases
HGV
Earnings
Share Buyback
M&A
- Hilton Grand Vacations (HGV) reported mixed financial results for 2025, with Q3 revenue of $1.3 billion and stable diluted earnings per share of $0.28, but experienced significant profit margin compression due to a one-time loss of $137 million.
- The company's net profit margin sharply fell to 1.3% from 4%, and its operating margin declined to -51.3%.
- Despite profitability pressures, HGV's total contract sales increased by 16.7% year-over-year to $907 million in Q3 2025.
- HGV repurchased 3.3 million shares for $150 million during Q3 2025 and an additional 1.1 million shares for $47 million from October 1 to October 23, 2025, with $531 million remaining under its 2025 Repurchase Plan.
- Strategic initiatives include the acquisition of Bluegreen Vacations, though challenges persist regarding risky customer loans and acquisition integration.
Oct 30, 2025, 6:11 PM
Hilton Grand Vacations Reports Strong Q3 2025 Results and Reaffirms Full-Year Guidance
HGV
Earnings
Guidance Update
Share Buyback
- Hilton Grand Vacations (HGV) reported strong operational and financial execution in Q3 2025, with contract sales up 17% to $907 million, a record on a pro forma basis, and adjusted EBITDA of $302 million with margins of 24%. Total revenue before cost reimbursement grew 12% to $1.3 billion.
- Operational highlights include a 2% increase in tour growth year over year to 232,000 and a 15% acceleration in VPG (Volume Per Guest) to $3,900. The company also achieved $94 million in run-rate cost synergies from the Bluegreen Vacations acquisition, remaining on track for its $100 million target.
- HGV repurchased 3.3 million shares for $150 million during Q3 2025, contributing to $497 million in share repurchases year-to-date, and is on track to return $600 million to shareholders this year. The company reiterated its 2025 adjusted EBITDA guidance in the range of $1.125 billion to $1.165 billion and expects high single-digit contract sales growth for the year.
Oct 30, 2025, 3:00 PM
Hilton Grand Vacations Reports Strong Q3 2025 Results and Reaffirms Full-Year Guidance
HGV
Earnings
Guidance Update
Share Buyback
- Hilton Grand Vacations reported strong operational and financial execution in Q3 2025, with contract sales up 17% to a record $907 million and Adjusted EBITDA reaching $302 million.
- The company reiterated its full-year 2025 Adjusted EBITDA guidance in the range of $1.125 billion to $1.165 billion and expects high single-digit contract sales growth.
- HGV demonstrated a commitment to shareholder returns by repurchasing 3.3 million shares for $150 million in Q3 2025, and an additional 1.1 million shares for $47 million from October 1st through October 23rd, with $531 million remaining under the current plan.
- Key operational metrics showed strength, with VPG up 15% to $3,900 and tours increasing 2% to 232,000 in Q3 2025, driven by broad-based performance across channels and geographies.
- Looking to 2026, the company anticipates good tour flow growth and aims to grow the bottom line at a faster rate than the top line, while expecting some headwinds in the financing business.
Oct 30, 2025, 3:00 PM
Hilton Grand Vacations Reports Third Quarter 2025 Results
HGV
Earnings
Guidance Update
Share Buyback
- Hilton Grand Vacations Inc. reported total revenues of $1.300 billion and net income attributable to stockholders of $25 million for the third quarter of 2025. Diluted EPS was $0.28, and adjusted diluted EPS was $0.60.
- Total contract sales increased by 16.7% to $907 million in Q3 2025 compared to the third quarter of 2024.
- Adjusted EBITDA attributable to stockholders was $245 million for the third quarter of 2025.
- During the third quarter of 2025, the company repurchased 3.3 million shares of common stock for $150 million.
- Hilton Grand Vacations reiterated its prior guidance for the full year 2025 Adjusted EBITDA, excluding deferrals and recognitions, of $1.125 billion to $1.165 billion.
Oct 30, 2025, 11:36 AM
Hilton Grand Vacations Reports Third Quarter 2025 Results
HGV
Earnings
Guidance Update
Share Buyback
- Hilton Grand Vacations reported total revenues of $1.300 billion for the third quarter of 2025, with net income attributable to stockholders at $25 million and diluted EPS at $0.28.
- Adjusted diluted EPS was $0.60 and Adjusted EBITDA attributable to stockholders was $245 million for Q3 2025, impacted by a $57 million net deferral relating to projects under construction.
- Total contract sales increased by 16.7% to $907 million in the third quarter of 2025 compared to the prior year.
- The company repurchased 3.3 million shares for $150 million in Q3 2025, and an additional 1.1 million shares for $47 million from October 1 to October 23, 2025.
- Hilton Grand Vacations reiterated its full year 2025 Adjusted EBITDA guidance (excluding deferrals and recognitions) of $1.125 billion to $1.165 billion.
Oct 30, 2025, 11:30 AM
Hilton Grand Vacations Completes $400 Million Securitization
HGV
Debt Issuance
- Hilton Grand Vacations (HGV) completed a $400 million securitization of timeshare loans through Hilton Grand Vacations Trust 2025-2.
- The securitization included three classes of Notes with an overall weighted average coupon rate of 4.69% and an overall advance rate of 96%.
- The proceeds from this issuance will be used to pay down debt and for other general corporate purposes.
- HGV's President and CFO, Dan Mathewes, stated that this transaction achieved the tightest weighted average spread seen in the timeshare ABS market in recent years, reinforcing the company's ability to efficiently generate cash flow and support capital returns.
Aug 14, 2025, 8:15 PM
Hilton Grand Vacations Inc. Announces Secondary Offering and Share Repurchase
HGV
Share Buyback
- Hilton Grand Vacations Inc. (HGV) entered into an Underwriting Agreement on August 12, 2025, for a secondary offering of its common stock by certain selling stockholders.
- The offering consists of 7,000,000 initial shares and an additional 1,050,000 shares from the full exercise of the underwriters' option, totaling 8,050,000 shares. The underwriters exercised their option on August 13, 2024.
- As part of the offering, HGV intends to repurchase 933,488 shares of Common Stock from the underwriters.
- HGV will not receive any proceeds from the sale of shares by the selling stockholders in this offering.
- The Offering and the Share Repurchase are expected to close on August 14, 2025.
Aug 14, 2025, 12:00 AM
Hilton Grand Vacations Announces Bluegreen Vacations Holding Corporation Acquisition Details and Pro Forma Financials
HGV
M&A
Debt Issuance
Accounting Changes
- Hilton Grand Vacations Inc. (HGV) completed its acquisition of Bluegreen Vacations Holding Corporation (BVH) on January 17, 2024, with each BVH share converted into the right to receive $75.00 in cash.
- The acquisition was financed by $900 million of incremental term loans due January 17, 2031, and $900 million in 6.625% senior secured notes due 2032.
- For the year ended December 31, 2023, the unaudited pro forma condensed combined statement of income, reflecting the acquisition as if completed on January 1, 2023, shows a pro forma combined net income attributable to stockholders of $221 million and pro forma basic earnings per share of $2.01.
Aug 12, 2025, 12:00 AM
Hilton Grand Vacations Inc. Reports Strong Q2 2025 Results and Reaffirms Full-Year Guidance
HGV
Earnings
Guidance Update
Share Buyback
- Hilton Grand Vacations Inc. reported Q2 2025 contract sales of $834 million, a 10% increase year-over-year, and adjusted EBITDA of $278 million with margins of 23%.
- Volume per guest (VPG) increased 11% to nearly $3,700 in Q2 2025, driven by the HGV Max offering and owner business outperformance.
- The company generated over $135 million in adjusted free cash flow for the quarter and returned $150 million to shareholders through share repurchases.
- HGV successfully closed a JPY 9.5 billion timeshare securitization in Japan, the first of its kind for a U.S. operator.
- The 2025 adjusted EBITDA guidance was reiterated in the range of $1.125 billion to $1.165 billion, with a commitment to return $600 million to shareholders this year.
Aug 1, 2025, 3:40 PM
Hilton Grand Vacations Completes ¥9.5188 Billion Securitization
HGV
Debt Issuance
Share Buyback
- Hilton Grand Vacations (HGV) has completed a ¥9.5188 billion term securitization of timeshare loans through Hilton Grand Vacations Japan Trust 2025-1.
- The securitization involved the issuance of one class of Notes, which received a AAA rating by Standard & Poor's and carry a 1.41% coupon rate.
- The proceeds from this issuance, net of fees, will be used for general corporate purposes.
- This transaction is expected to provide highly cost-effective capital, supporting HGV's financing business optimization strategy and potentially generating highly accretive returns through share repurchases.
Jul 11, 2025, 12:30 PM
Quarterly earnings call transcripts for Hilton Grand Vacations.
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