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Hilton Grand Vacations Inc (HGV)
NYSE:HGV
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.55Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial picture: strong full-year contract sales growth (10%), expanding margins in real estate, robust adjusted EBITDA growth in the quarter, substantial free cash flow generation ($756M) and $600M of share repurchases. Strategic initiatives showed traction — HGV Max adoption, tour growth and $100M of cost synergies achieved early — and financing optimization unlocked new funding (Japan ABS) and improved securitization to ~73%. Near-term headwinds were acknowledged: elevated provisions and allowance levels, VPG pressure from tough comps, front-loaded expense impacts from license-fee step-ups and finance optimization, rental/ancillary drag from developer maintenance fees and a modest leverage profile (net leverage ~3.78x). Management provided conservative 2026 guidance embedding low single-digit sales growth and near-term EBITDA cadence pressures but expects sequential improvement through the year. On balance, the positives — especially cash flow, margin expansion, member/product adoption and capital returns — materially outweigh the challenges and disclosed near-term headwinds.Company Guidance
Full-Year Contract Sales Growth
Contract sales grew 10% for fiscal 2025 (full year), the highest growth since 2022, driven by both owner and new-buyer channels and a mix of stronger VPGs and tour flow.
Strong Adjusted EBITDA and Quarterly Outperformance
Adjusted EBITDA to shareholders was $324 million in Q4, up 12% year-over-year; full-year adjusted EBITDA was $1.15 billion, up 4% versus prior year and above the midpoint of guidance.
Robust Free Cash Flow and Capital Returns
Generated adjusted free cash flow of $756 million (more than $8.25 per share) for 2025; returned $600 million to shareholders in 2025 via repurchases (nearly 15 million shares, float reduced by >20%).
HGV Max Adoption and Member Lifetime Value
HGV Max memberships grew 35%, reaching 266,000 Max members; Max members show >20% higher lifetime value vs. non-Max members; new-buyer lifetime value cited as ~6x longer-tenured members.
Strong Tour and Real-Estate Operating Metrics
Consolidated tours grew nearly 9% in Q4 to 225,000 and surpassed pro forma 2019 tour flow levels; real estate margin expansion of ~140 basis points for the year and Q4 real estate profit of $177 million with a 28% margin (up 150 bps YoY).
Cost Synergies Achieved Ahead of Schedule
Realized $100 million of run-rate cost synergies associated with the Bluegreen acquisition during Q4, several months ahead of the 24-month target.
Financing Optimization and New Funding Sources
Securitized ~73% of current receivables (target range 70%–80%), up from a ~55% run rate pre-program; introduced timeshare ABS to the Japanese market unlocking low-cost financing; financing segment Q4 revenues $134 million and profit $81 million with financing margins of ~60% (63% excluding amortization).
Strong Cash Conversion and Quarterly Conversion Spike
Adjusted free cash flow conversion rate was 128% in the quarter (including $103 million of inventory spend) and 66% for full-year 2025, above the long-term target range for the year.
HGV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HGV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $48.60 | $46.90 | -3.50% |
Oct 30, 2025 | $44.16 | $41.22 | -6.66% |
Jul 31, 2025 | $50.78 | $44.82 | -11.74% |
May 01, 2025 | $33.63 | $36.77 | +9.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hilton Grand Vacations Inc (HGV) report earnings?
Hilton Grand Vacations Inc (HGV) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Hilton Grand Vacations Inc (HGV) earnings time?
Hilton Grand Vacations Inc (HGV) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HGV EPS forecast?
HGV EPS forecast for the fiscal quarter 2026 (Q1) is 0.55.