Hilton Grand Vacations
Sells and finances vacation ownership interests while managing resorts and member clubs.
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Profile
Sells vacation ownership interests from its own inventory and for third-party developers, finances purchases, and earns fees from resort and club management. Its two-segment model combines real estate sales and consumer lending with a global, Hilton-licensed vacation-club network.
Develops, markets, and sells deeded and trust-based vacation ownership interests, while also selling inventory for third-party developers. Consumer loans and loan servicing sit beside resort operations, club management, rentals, and reservation services. HGV Max links eligible owners across club networks and adds access to Hilton hotels and outside travel exchanges.
Operates more than 200 properties across the United States, Europe, Canada, the Caribbean, Mexico, and Asia. An inventory mix of developed, fee-for-service, and just-in-time supply balances owned projects with lower-capital third-party arrangements; rebranding of acquired Diamond and Bluegreen properties continues.
Relies on a long-term Hilton license for trademarks, reservation systems, loyalty-program data, and brand affiliation. Hilton approves property conversions and new branded developments, while loan performance affects financing economics. Timeshare sales, marketing, development, lending, and resort management are regulated across its markets.
Company facts
Categories
Key statistics
Year to date −3.7% · Average volume (30d) 1.1M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 18, 2026 | Morgan Stanley | Reiterate | Equal Weight | $55 | $54 |
| Aug 18, 2026 | Susquehanna | Initiate | Neutral | $50 | |
| Jul 31, 2026 | Mizuho Securities | Target | $63 | $74 | |
| Jul 31, 2026 | Goldman Sachs | Reiterate | Neutral | $55 | $47 |
| Jul 31, 2026 | Barclays | Reiterate | Equal Weight | $51 | $46 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $0.94 | $0.89 | −4.9% | $1.38B | $1.36B | −1.9% | −9.92% |
| Apr 30, 2026Q1 FY26 | $0.44 | $0.99 | +125.0% | $1.27B | $1.29B | +1.0% | −2.19% |
| Feb 26, 2026Q4 FY25 | $1.05 | $0.88 | −16.2% | $1.38B | $1.33B | −3.2% | −4.14% |
| Oct 30, 2025Q3 FY25 | $1.01 | $0.60 | −40.6% | $1.38B | $1.30B | −5.6% | +0.56% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.15B | $1.27B | $1.30B | $1.33B | $1.29B | $1.58B | |
| Gross profit | $608.0M | $308.0M | $757.0M | $1.19B | $694.0M | $702.0M | |
| Operating income | $88.0M | $139.0M | $146.0M | $188.0M | $155.0M | $153.0M | |
| Net income | −$17.0M | $25.0M | $60.0M | $48.0M | $66.0M | $12.0M | |
| Diluted EPS | −$0.18 | $0.26 | $0.63 | $0.55 | $0.79 | $0.15 | |
| Gross margin | 53.0% | 24.3% | 58.2% | 89.1% | 54.0% | 44.3% | |
| Operating margin | 7.7% | 11.0% | 11.2% | 14.1% | 12.1% | 9.7% |
Fiscal years (4-quarter sums)FY21 $2.30B · FY22 $3.84B · FY23 $3.98B · FY24 $4.98B · FY25 $5.05B
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $272.0M · Total debt $7.85B · Total assets $12.23B · Shareholders' equity $1.10B
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 78.52M · Float 64.27M · 81.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Apollo Management Holdings, L.P. | 12.50M | 15.92% | 13F | Aug 14, 2026 |
| APH Holdings, L.P. | 12.50M | 15.90% | 13D | Jun 24, 2026 |
| Apollo Principal Holdings A GP, Ltd. · 10 percent owner | 12.50M | 15.92% | Form 4 | Jun 24, 2026 |
| BlackRock, Inc. | 8.07M | 10.28% | 13F | Aug 7, 2026 |
| APO Corp. | 7.21M | 23.60% | 13D | Aug 27, 2025 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 6, 2026 | Charles R. Jr. Corbin | officer: See Remarks | −20,691 | $46.90 |
| May 28, 2026 | Mark D. Wang | director, officer: See Remarks | −190,813 | $51.93 |
| May 21, 2026 | Charles R. Jr. Corbin | officer: See Remarks | −32,907 | $47.66 |
| May 19, 2026 | Carlos Hernandez | officer: See Remarks | −5,595 | $46.69 |
| Nov 7, 2025 | Carlos Hernandez | officer: See Remarks | −2,867 | $39.99 |
Peers
- Marriott Vacations Worldwide
Direct branded vacation-ownership peer with Interval exchange.
- Travel + Leisure
Large vacation-ownership and exchange rival through Wyndham and RCI.
- Walt Disney
Disney Vacation Club competes in family resort ownership.
- Airbnb
Home-sharing substitute for resort-based vacation stays.
- Expedia Group
Vrbo and lodging marketplaces substitute for club vacations.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Hilton Grand Vacations | $43.81 | −0.01% | $3.44B | 20.7 | 8.4 | 0.6 | +7.3% |
| Marriott Vacations Worldwide | $110.30 | +0.23% | $3.78B | — | 11.7 | 0.8 | +5.9% |
| Travel + Leisure | $71.21 | −0.04% | $4.36B | 19.5 | 8.6 | 1.1 | +4.4% |
| Walt Disney | $108.09 | −0.01% | $187.72B | 22.3 | 14.6 | 1.9 | +7.1% |
| Airbnb | $189.63 | +0.10% | $112.43B | 43.2 | 33.6 | 8.5 | +16.5% |
| Expedia Group | $328.50 | −0.28% | $37.72B | 20.5 | 14.7 | 2.4 | +14.0% |
| Median | 21.4 | 14.6 | 1.9 | +7.1% |







