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Hilton Grand Vacations HGV Rental and ancillary services — Expenses

Other product segments

Sales and marketing
$437M+2.8%
Cost reimbursements
$149M+12.0%
License fees
$53M+8.2%
Cost of VOI sales
$45M+80.0%
Acquisition and integration-related
$12M-57.1%

Similar metrics at other companies

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VACRental — Expenses
$140M+12.0%
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XHRFood and beverage expenses — Expenses
$66.34M-0.3%
Marriott Vacations Worldwide logo
VACManagement and exchange — Expenses
$121M0.0%
Host Hotels & Resorts logo
HSTFood and beverage — Expenses
$311M-0.6%
Xenia Hotels & Resorts logo
XHRReal estate taxes, personal property taxes and insurance — Expenses
$12.25M-10.8%
Xenia Hotels & Resorts logo
XHRManagement and franchise fees — Expenses
$12.1M+0.8%

Other financials

Income statement

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Revenue$1.3B+11.9%
Net income$66.0M+488%
EPS (diluted)$0.79+565%

Balance sheet

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Cash & equivalents$552.0M-3.2%
Total debt$4.8B+5.6%
Total equity$1.2B-24.4%
Total assets$11.9B+1.2%

Cash flow

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Operating cash flow$128.0M+237%
CapEx$6.0M-57.1%
Free cash flow$122.0M+408%

Valuation

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Market cap$3.61B-8.8%
Enterprise value$7.9B-1.7%
P/E22×-47.4×
P/S0.7×-0.1×

Profitability

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Net margin3.2%+2.5pp
FCF margin6.3%+0.3pp

Returns & leverage

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Return on equity11.8%+9.9pp
Debt / equity+1.1×

Where this comes from

Reported directly by Hilton Grand Vacations in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Hilton Grand Vacations’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 11:37 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001674168-26-000065
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Sales and marketing437425
Financing5155
Resort and club management5954
Rental and ancillary services216206
General and administrative4946
Acquisition and integration-related expense1228
Depreciation and amortization7167
License fee expense5349

Item 1. Financial Statements

FAQ

What is Hilton Grand Vacations's rental and ancillary services — expenses?
Hilton Grand Vacations (HGV) reported rental and ancillary services — expenses of $216M in Q1 2026.
How has Hilton Grand Vacations's rental and ancillary services — expenses changed year-over-year?
Hilton Grand Vacations's rental and ancillary services — expenses increased by 4.9% year-over-year, from $206M to $216M.
What is the long-term trend for Hilton Grand Vacations's rental and ancillary services — expenses?
Over 4 years (2021 to 2025), Hilton Grand Vacations's rental and ancillary services — expenses has grown at a 30.9% compound annual growth rate (CAGR), from $267M to $785M.
What does rental and ancillary services — expenses mean?
This metric captures the total operating costs directly associated with managing rental properties and delivering ancillary services to customers. It includes expenses related to property maintenance, housekeeping, guest services, and the operational overhead required to support these revenue-generating activities. Monitoring this metric is essential for assessing the operational efficiency and profitability margins of the company's service-based business segments.

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