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Hilton Grand Vacations HGV Selling expense — 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%

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XHRRooms expenses — Expenses
$39.36M+0.1%
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XHRUndistributed expenses — Expenses
$67.87M-0.9%
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XHRFood and beverage expenses — Expenses
$66.34M-0.3%
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HSTOther property-level expenses — Expenses
$94M-12.1%
Marriott Vacations Worldwide logo
VACRental — Expenses
$140M+12.0%
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HSTOther — Expenses
$371M-1.1%

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
($ in millions) / For the three months ended March 31, 2026Real Estate and FinancingResort Operations and Club ManagementTotal
Total segment revenues7544021,156
Less:
Cost of VOI sales4545
Selling expense181181
Marketing expense239239
Financing expense5151
Club expense2222
Property management expense3737

Item 1. Financial Statements

FAQ

What is Hilton Grand Vacations's selling expense — expenses?
Hilton Grand Vacations (HGV) reported selling expense — expenses of $181M in Q1 2026.
How has Hilton Grand Vacations's selling expense — expenses changed year-over-year?
Hilton Grand Vacations's selling expense — expenses decreased by 7.2% year-over-year, from $195M to $181M.
What is the long-term trend for Hilton Grand Vacations's selling expense — expenses?
Over 3 years (2022 to 2025), Hilton Grand Vacations's selling expense — expenses has grown at a 19.2% compound annual growth rate (CAGR), from $480M to $812M.
What does selling expense — expenses mean?
This metric represents the total costs incurred by the company to market and sell vacation ownership interests and related products to prospective customers. It encompasses expenditures related to sales commissions, marketing campaigns, lead generation, and the operation of sales centers. Monitoring this expense provides insight into the company's customer acquisition efficiency and the scalability of its sales model within the timeshare industry.

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