Hilton Grand Vacations Quarterly Balance Sheets Chart
Quarterly
|
Annual
Hilton Grand Vacations Quarterly Balance Sheets Table
Quarterly
|
Annual
Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 |
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assets | |||||||||||||||||||||||||||||||||||
cash and cash equivalents | 269,000,000 | 259,000,000 | 328,000,000 | 297,000,000 | 328,000,000 | 355,000,000 | 589,000,000 | 227,000,000 | 252,000,000 | 389,000,000 | 223,000,000 | 425,000,000 | 374,000,000 | 514,000,000 | 432,000,000 | 334,000,000 | 318,000,000 | 400,000,000 | 428,000,000 | 625,000,000 | 733,000,000 | 669,000,000 | 67,000,000 | 113,000,000 | 120,000,000 | 158,000,000 | 108,000,000 | 145,000,000 | 131,000,000 | 85,000,000 | 246,000,000 | 226,000,000 | 191,000,000 | 196,000,000 | |
restricted cash | 323,000,000 | 311,000,000 | 438,000,000 | 244,000,000 | 273,000,000 | 323,000,000 | 296,000,000 | 308,000,000 | 336,000,000 | 363,000,000 | 332,000,000 | 319,000,000 | 292,000,000 | 303,000,000 | 263,000,000 | 230,000,000 | 1,462,000,000 | 105,000,000 | 98,000,000 | 92,000,000 | 90,000,000 | 90,000,000 | 85,000,000 | 98,000,000 | 67,000,000 | 64,000,000 | 72,000,000 | 67,000,000 | 72,000,000 | 69,000,000 | 51,000,000 | 58,000,000 | 62,000,000 | 78,000,000 | 103,000,000 |
accounts receivable | 444,000,000 | 375,000,000 | 315,000,000 | 400,000,000 | 524,000,000 | 515,000,000 | 507,000,000 | 441,000,000 | 485,000,000 | 503,000,000 | 511,000,000 | 398,000,000 | 413,000,000 | 447,000,000 | 302,000,000 | 278,000,000 | 220,000,000 | 111,000,000 | 119,000,000 | 109,000,000 | 74,000,000 | 158,000,000 | 174,000,000 | 137,000,000 | 156,000,000 | 146,000,000 | 153,000,000 | 151,000,000 | 138,000,000 | 117,000,000 | 112,000,000 | 104,000,000 | 123,000,000 | 115,000,000 | 123,000,000 |
timeshare financing receivables | 2,979,000,000 | 2,986,000,000 | 3,006,000,000 | 3,009,000,000 | 2,976,000,000 | 3,030,000,000 | 2,113,000,000 | 1,821,000,000 | 1,778,000,000 | 1,754,000,000 | 1,767,000,000 | 1,743,000,000 | 1,689,000,000 | 1,718,000,000 | 1,747,000,000 | 1,767,000,000 | 927,000,000 | 940,000,000 | 974,000,000 | 1,012,000,000 | 1,053,000,000 | 1,122,000,000 | 1,156,000,000 | 1,139,000,000 | 1,125,000,000 | 1,111,000,000 | 1,120,000,000 | 1,103,000,000 | 1,089,000,000 | 1,074,000,000 | 1,071,000,000 | 1,055,000,000 | 1,034,000,000 | 1,017,000,000 | 1,025,000,000 |
inventory | 2,406,000,000 | 2,299,000,000 | 2,244,000,000 | 2,243,000,000 | 1,929,000,000 | 1,805,000,000 | 1,400,000,000 | 1,308,000,000 | 1,280,000,000 | 1,300,000,000 | 1,159,000,000 | 1,145,000,000 | 1,241,000,000 | 1,215,000,000 | 1,240,000,000 | 1,461,000,000 | 730,000,000 | 720,000,000 | 702,000,000 | 933,000,000 | 907,000,000 | 885,000,000 | 558,000,000 | 518,000,000 | 536,000,000 | 529,000,000 | 527,000,000 | 582,000,000 | 544,000,000 | 564,000,000 | 509,000,000 | 475,000,000 | 492,000,000 | 507,000,000 | 513,000,000 |
property and equipment | 828,000,000 | 861,000,000 | 792,000,000 | 652,000,000 | 902,000,000 | 953,000,000 | 758,000,000 | 789,000,000 | 807,000,000 | 797,000,000 | 798,000,000 | 776,000,000 | 801,000,000 | 754,000,000 | 756,000,000 | 822,000,000 | 508,000,000 | 501,000,000 | 501,000,000 | 488,000,000 | 484,000,000 | 473,000,000 | 778,000,000 | 765,000,000 | 673,000,000 | 644,000,000 | 559,000,000 | 538,000,000 | 411,000,000 | 235,000,000 | 238,000,000 | 266,000,000 | 255,000,000 | 254,000,000 | 256,000,000 |
operating lease right-of-use assets | 77,000,000 | 85,000,000 | 84,000,000 | 86,000,000 | 84,000,000 | 85,000,000 | 61,000,000 | 62,000,000 | 63,000,000 | 71,000,000 | 76,000,000 | 56,000,000 | 60,000,000 | 65,000,000 | 70,000,000 | 76,000,000 | 45,000,000 | 48,000,000 | 52,000,000 | 55,000,000 | 58,000,000 | 62,000,000 | 60,000,000 | 62,000,000 | 63,000,000 | ||||||||||
investments in unconsolidated affiliates | 74,000,000 | 72,000,000 | 73,000,000 | 73,000,000 | 78,000,000 | 78,000,000 | 71,000,000 | 74,000,000 | 72,000,000 | 75,000,000 | 72,000,000 | 69,000,000 | 66,000,000 | 62,000,000 | 59,000,000 | 56,000,000 | 57,000,000 | 53,000,000 | 51,000,000 | 49,000,000 | 48,000,000 | 47,000,000 | 44,000,000 | 44,000,000 | 43,000,000 | 40,000,000 | 38,000,000 | ||||||||
goodwill | 1,985,000,000 | 1,985,000,000 | 1,985,000,000 | 1,960,000,000 | 1,933,000,000 | 1,943,000,000 | 1,418,000,000 | 1,416,000,000 | 1,416,000,000 | 1,416,000,000 | 1,416,000,000 | 1,416,000,000 | 1,357,000,000 | 1,351,000,000 | 1,377,000,000 | 820,000,000 | |||||||||||||||||||
intangible assets | 1,760,000,000 | 1,800,000,000 | 1,787,000,000 | 1,794,000,000 | 1,887,000,000 | 1,927,000,000 | 1,158,000,000 | 1,186,000,000 | 1,213,000,000 | 1,244,000,000 | 1,277,000,000 | 1,318,000,000 | 1,358,000,000 | 1,400,000,000 | 1,441,000,000 | 1,953,000,000 | 80,000,000 | 80,000,000 | 81,000,000 | 80,000,000 | 79,000,000 | 78,000,000 | 89,000,000 | 87,000,000 | 84,000,000 | 80,000,000 | 81,000,000 | 73,000,000 | 73,000,000 | 73,000,000 | 72,000,000 | 72,000,000 | 71,000,000 | 69,000,000 | 70,000,000 |
other assets | 593,000,000 | 756,000,000 | 390,000,000 | 396,000,000 | 553,000,000 | 650,000,000 | 314,000,000 | 377,000,000 | 449,000,000 | 566,000,000 | 373,000,000 | 381,000,000 | 481,000,000 | 572,000,000 | 280,000,000 | 259,000,000 | 119,000,000 | 115,000,000 | 87,000,000 | 101,000,000 | 109,000,000 | 120,000,000 | 68,000,000 | 75,000,000 | 122,000,000 | 123,000,000 | 95,000,000 | 121,000,000 | 117,000,000 | 111,000,000 | 44,000,000 | 51,000,000 | 59,000,000 | 71,000,000 | 42,000,000 |
total assets | 11,738,000,000 | 11,789,000,000 | 11,442,000,000 | 11,154,000,000 | 11,467,000,000 | 11,664,000,000 | 8,685,000,000 | 8,009,000,000 | 8,151,000,000 | 8,478,000,000 | 8,004,000,000 | 8,046,000,000 | 8,132,000,000 | 8,442,000,000 | 8,008,000,000 | 8,097,000,000 | 4,507,000,000 | 3,114,000,000 | 3,134,000,000 | 3,544,000,000 | 3,635,000,000 | 3,704,000,000 | 3,079,000,000 | 3,038,000,000 | 2,989,000,000 | 2,961,000,000 | 2,753,000,000 | 2,813,000,000 | 2,608,000,000 | 2,365,000,000 | 2,384,000,000 | 2,348,000,000 | 2,287,000,000 | 2,307,000,000 | 2,180,000,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||
accounts payable, accrued expenses and other | 1,216,000,000 | 1,340,000,000 | 1,125,000,000 | 1,057,000,000 | 1,159,000,000 | 1,176,000,000 | 952,000,000 | 942,000,000 | 1,043,000,000 | 1,089,000,000 | 1,007,000,000 | 978,000,000 | 976,000,000 | 964,000,000 | 673,000,000 | 707,000,000 | 335,000,000 | 260,000,000 | 252,000,000 | 264,000,000 | 237,000,000 | 268,000,000 | 298,000,000 | 343,000,000 | 312,000,000 | 286,000,000 | 324,000,000 | 337,000,000 | 299,000,000 | 296,000,000 | 339,000,000 | 324,000,000 | 265,000,000 | 264,000,000 | 231,000,000 |
advanced deposits | 235,000,000 | 236,000,000 | 226,000,000 | 224,000,000 | 224,000,000 | 181,000,000 | 179,000,000 | 185,000,000 | 185,000,000 | 174,000,000 | 150,000,000 | 138,000,000 | 130,000,000 | 126,000,000 | 112,000,000 | 116,000,000 | 117,000,000 | 114,000,000 | 117,000,000 | 119,000,000 | 116,000,000 | 117,000,000 | 115,000,000 | 112,000,000 | 108,000,000 | 106,000,000 | 101,000,000 | 100,000,000 | 95,000,000 | 92,000,000 | 104,000,000 | 102,000,000 | 100,000,000 | 107,000,000 | 103,000,000 |
debt | 4,574,000,000 | 4,487,000,000 | 4,601,000,000 | 5,039,000,000 | 4,885,000,000 | 5,144,000,000 | 3,049,000,000 | 2,730,000,000 | 2,942,000,000 | 2,940,000,000 | 2,651,000,000 | 2,612,000,000 | 2,787,000,000 | 2,913,000,000 | 2,913,000,000 | 2,929,000,000 | 2,431,000,000 | 1,156,000,000 | 1,159,000,000 | 1,262,000,000 | 1,263,000,000 | 1,266,000,000 | 828,000,000 | 815,000,000 | 937,000,000 | 800,000,000 | 604,000,000 | 530,000,000 | 637,000,000 | 479,000,000 | 482,000,000 | 484,000,000 | 486,000,000 | 488,000,000 | 490,000,000 |
non-recourse debt | 2,499,000,000 | 2,447,000,000 | 2,318,000,000 | 1,564,000,000 | 1,725,000,000 | 1,534,000,000 | 1,466,000,000 | 1,038,000,000 | 882,000,000 | 1,095,000,000 | 1,102,000,000 | 1,161,000,000 | 1,024,000,000 | 1,203,000,000 | 1,328,000,000 | 1,290,000,000 | 650,000,000 | 698,000,000 | 766,000,000 | 837,000,000 | 926,000,000 | 885,000,000 | 747,000,000 | 795,000,000 | 696,000,000 | 720,000,000 | 759,000,000 | 806,000,000 | 604,000,000 | 544,000,000 | 583,000,000 | 612,000,000 | 645,000,000 | 695,000,000 | 694,000,000 |
operating lease liabilities | 95,000,000 | 99,000,000 | 100,000,000 | 103,000,000 | 101,000,000 | 103,000,000 | 78,000,000 | 80,000,000 | 83,000,000 | 88,000,000 | 94,000,000 | 74,000,000 | 80,000,000 | 85,000,000 | 87,000,000 | 93,000,000 | 59,000,000 | 63,000,000 | 67,000,000 | 70,000,000 | 74,000,000 | 77,000,000 | 76,000,000 | 78,000,000 | 76,000,000 | 78,000,000 | |||||||||
deferred revenue | 551,000,000 | 520,000,000 | 213,000,000 | 321,000,000 | 382,000,000 | ||||||||||||||||||||||||||||||
deferred income tax liabilities | 928,000,000 | 929,000,000 | 925,000,000 | 967,000,000 | 972,000,000 | 980,000,000 | 631,000,000 | 657,000,000 | 658,000,000 | 656,000,000 | 659,000,000 | 703,000,000 | 698,000,000 | 691,000,000 | 670,000,000 | 798,000,000 | 147,000,000 | 118,000,000 | 137,000,000 | 209,000,000 | 228,000,000 | 251,000,000 | 259,000,000 | 236,000,000 | 247,000,000 | 261,000,000 | 254,000,000 | 215,000,000 | 230,000,000 | 228,000,000 | 249,000,000 | 374,000,000 | 380,000,000 | 385,000,000 | 389,000,000 |
total liabilities | 10,098,000,000 | 10,058,000,000 | 9,547,000,000 | 9,167,000,000 | 9,387,000,000 | 9,500,000,000 | 6,570,000,000 | 5,861,000,000 | 6,046,000,000 | 6,346,000,000 | 5,853,000,000 | 5,889,000,000 | 6,055,000,000 | 6,377,000,000 | 6,020,000,000 | 6,203,000,000 | 4,111,000,000 | 2,745,000,000 | 2,760,000,000 | 3,022,000,000 | 3,112,000,000 | 3,141,000,000 | 2,509,000,000 | 2,544,000,000 | 2,539,000,000 | 2,386,000,000 | 2,137,000,000 | 2,251,000,000 | 2,091,000,000 | 1,965,000,000 | 1,866,000,000 | 2,015,000,000 | 2,004,000,000 | 2,081,000,000 | 2,013,000,000 |
commitments and contingencies - see note 18 | |||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of june 30, 2025 and december 31, 2024 | |||||||||||||||||||||||||||||||||||
common stock | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
additional paid-in capital | 1,326,000,000 | 1,351,000,000 | 1,399,000,000 | 1,428,000,000 | 1,456,000,000 | 1,467,000,000 | 1,504,000,000 | 1,535,000,000 | 1,541,000,000 | 1,559,000,000 | 1,582,000,000 | 1,607,000,000 | 1,626,000,000 | 1,634,000,000 | 1,630,000,000 | 1,611,000,000 | 212,000,000 | 194,000,000 | 192,000,000 | 186,000,000 | 180,000,000 | 172,000,000 | 179,000,000 | 174,000,000 | 169,000,000 | 170,000,000 | 174,000,000 | 174,000,000 | 170,000,000 | 161,000,000 | 162,000,000 | 160,000,000 | 153,000,000 | 147,000,000 | 138,000,000 |
accumulated retained earnings | 167,000,000 | 238,000,000 | 352,000,000 | 414,000,000 | 456,000,000 | 521,000,000 | 593,000,000 | 588,000,000 | 539,000,000 | 543,000,000 | 529,000,000 | 517,000,000 | 424,000,000 | 408,000,000 | 357,000,000 | 282,000,000 | 183,000,000 | 174,000,000 | 181,000,000 | 335,000,000 | 342,000,000 | 390,000,000 | 390,000,000 | 319,000,000 | 280,000,000 | 404,000,000 | 441,000,000 | 387,000,000 | 346,000,000 | 238,000,000 | 355,000,000 | 172,000,000 | 129,000,000 | 78,000,000 | 28,000,000 |
accumulated other comprehensive loss | -5,000,000 | -7,000,000 | |||||||||||||||||||||||||||||||||
total stockholders' equity | 1,489,000,000 | 1,583,000,000 | 1,752,000,000 | 1,845,000,000 | 1,918,000,000 | 2,115,000,000 | 2,148,000,000 | 2,105,000,000 | |||||||||||||||||||||||||||
noncontrolling interest | 151,000,000 | 148,000,000 | 143,000,000 | 142,000,000 | 162,000,000 | 160,000,000 | |||||||||||||||||||||||||||||
total equity | 1,640,000,000 | 1,731,000,000 | 1,895,000,000 | 1,987,000,000 | 2,080,000,000 | 2,164,000,000 | 2,132,000,000 | 2,151,000,000 | 2,157,000,000 | 2,077,000,000 | 2,065,000,000 | 1,988,000,000 | 1,894,000,000 | 396,000,000 | 369,000,000 | 374,000,000 | 522,000,000 | 523,000,000 | 563,000,000 | 570,000,000 | 494,000,000 | 450,000,000 | 575,000,000 | 616,000,000 | 562,000,000 | 517,000,000 | 400,000,000 | 518,000,000 | 333,000,000 | 283,000,000 | 226,000,000 | 167,000,000 | |||
total liabilities and equity | 11,738,000,000 | 11,789,000,000 | 11,442,000,000 | 11,154,000,000 | 11,467,000,000 | 11,664,000,000 | 8,478,000,000 | 8,004,000,000 | 8,046,000,000 | 8,132,000,000 | 8,442,000,000 | 8,008,000,000 | 8,097,000,000 | 4,507,000,000 | 3,114,000,000 | 3,134,000,000 | 3,544,000,000 | 3,635,000,000 | 3,704,000,000 | 3,079,000,000 | 3,038,000,000 | 2,989,000,000 | 2,961,000,000 | 2,753,000,000 | 2,813,000,000 | 2,608,000,000 | 2,365,000,000 | 2,384,000,000 | 2,348,000,000 | 2,287,000,000 | 2,307,000,000 | 2,180,000,000 | |||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of march 31, 2025 and december 31, 2024 | |||||||||||||||||||||||||||||||||||
deferred revenues | 252,000,000 | 215,000,000 | 229,000,000 | 253,000,000 | 304,000,000 | 190,000,000 | 223,000,000 | 360,000,000 | 395,000,000 | 237,000,000 | 270,000,000 | 372,000,000 | 336,000,000 | 262,000,000 | 261,000,000 | 268,000,000 | 277,000,000 | 186,000,000 | 165,000,000 | 163,000,000 | 135,000,000 | 95,000,000 | 263,000,000 | 226,000,000 | 326,000,000 | 109,000,000 | 119,000,000 | 128,000,000 | 142,000,000 | 106,000,000 | |||||
commitments and contingencies - see note 23 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of december 31, 2024 and 2023 | |||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 2,000,000 | 5,000,000 | 15,000,000 | 17,000,000 | 24,000,000 | 24,000,000 | 29,000,000 | 39,000,000 | 32,000,000 | 26,000,000 | 22,000,000 | ||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of september 30, 2024 and december 31, 2023 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of june 30, 2024 and december 31, 2023 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of march 31, 2024 and december 31, 2023 | |||||||||||||||||||||||||||||||||||
total stockholders equity | 2,004,000,000 | ||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of december 31, 2023 and 2022 | |||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 8,685,000,000 | 8,009,000,000 | 8,151,000,000 | ||||||||||||||||||||||||||||||||
commitments and contingencies - see note 17 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of september 30, 2023 and december 31, 2022 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of june 30, 2023 and december 31, 2022 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of march 31, 2023 and december 31, 2022 | |||||||||||||||||||||||||||||||||||
land and infrastructure held for sale | 41,000,000 | 41,000,000 | 41,000,000 | 41,000,000 | 41,000,000 | 41,000,000 | |||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of december 31, 2022 and 2021 | |||||||||||||||||||||||||||||||||||
commitments and contingencies - see note 21 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of september 30, 2022 and december 31, 2021 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of june 30, 2022 and december 31, 2021 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of march 31, 2022 and december 31, 2021 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of december 31, 2021 and 2020 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of september 30, 2021 and december 31, 2020 | |||||||||||||||||||||||||||||||||||
commitments and contingencies - see note 19 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of june 30, 2021 and december 31, 2020 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of march 31, 2021 and december 31, 2020 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of december 31, 2020 and 2019 | |||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of september 30, 2020 and december 31, 2019 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of june 30, 2020 and december 31, 2019 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of march 31, 2020 and december 31, 2019 | |||||||||||||||||||||||||||||||||||
commitments and contingencies - see note 22 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of december 31, 2019 and 2018 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of september 30, 2019 and december 31, 2018 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of june 30, 2019 and december 31, 2018 | |||||||||||||||||||||||||||||||||||
operating lease right of use assets | 66,000,000 | ||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of march 31, 2019 and december 31, 2018 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of december 31, 2018 and 2017 | |||||||||||||||||||||||||||||||||||
revenues | |||||||||||||||||||||||||||||||||||
sales of vois | 734,000,000 | 99,000,000 | 250,000,000 | 78,000,000 | 548,000,000 | 145,000,000 | 143,000,000 | 118,000,000 | |||||||||||||||||||||||||||
sales, marketing, brand and other fees | 570,000,000 | 152,000,000 | 146,000,000 | 125,000,000 | 544,000,000 | 127,000,000 | 144,000,000 | 130,000,000 | |||||||||||||||||||||||||||
financing | 158,000,000 | 40,000,000 | 39,000,000 | 38,000,000 | 147,000,000 | 38,000,000 | 36,000,000 | 35,000,000 | |||||||||||||||||||||||||||
resort and club management | 172,000,000 | 40,000,000 | 37,000,000 | 39,000,000 | 158,000,000 | 37,000,000 | 35,000,000 | 36,000,000 | |||||||||||||||||||||||||||
rental and ancillary services | 218,000,000 | 60,000,000 | 53,000,000 | 51,000,000 | 179,000,000 | 45,000,000 | 47,000,000 | 46,000,000 | |||||||||||||||||||||||||||
cost reimbursements | 147,000,000 | 36,000,000 | 38,000,000 | 36,000,000 | 135,000,000 | 34,000,000 | 34,000,000 | 34,000,000 | |||||||||||||||||||||||||||
total revenues | 1,999,000,000 | 427,000,000 | 563,000,000 | 367,000,000 | 1,711,000,000 | 426,000,000 | 439,000,000 | 399,000,000 | |||||||||||||||||||||||||||
expenses | |||||||||||||||||||||||||||||||||||
cost of voi sales | 210,000,000 | 29,000,000 | 61,000,000 | 19,000,000 | 148,000,000 | 40,000,000 | 34,000,000 | 33,000,000 | |||||||||||||||||||||||||||
sales and marketing | 728,000,000 | 174,000,000 | 193,000,000 | 161,000,000 | 663,000,000 | 171,000,000 | 169,000,000 | 152,000,000 | |||||||||||||||||||||||||||
general and administrative | 117,000,000 | 31,000,000 | 30,000,000 | 23,000,000 | 104,000,000 | 23,000,000 | 29,000,000 | 23,000,000 | |||||||||||||||||||||||||||
depreciation and amortization | 36,000,000 | 9,000,000 | 8,000,000 | 8,000,000 | 29,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | |||||||||||||||||||||||||||
license fee expense | 98,000,000 | 25,000,000 | 25,000,000 | 23,000,000 | 87,000,000 | 22,000,000 | 23,000,000 | 20,000,000 | |||||||||||||||||||||||||||
total operating expenses | 1,565,000,000 | 364,000,000 | 408,000,000 | 320,000,000 | 1,374,000,000 | 350,000,000 | 348,000,000 | 316,000,000 | |||||||||||||||||||||||||||
interest expense | -30,000,000 | -7,000,000 | -8,000,000 | -7,000,000 | -27,000,000 | -7,000,000 | -7,000,000 | ||||||||||||||||||||||||||||
allocated parent interest expense | |||||||||||||||||||||||||||||||||||
equity in earnings from unconsolidated affiliates | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||
other loss | -1,000,000 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||
income before income taxes | 403,000,000 | 56,000,000 | 146,000,000 | 40,000,000 | 311,000,000 | 71,000,000 | 84,000,000 | 76,000,000 | |||||||||||||||||||||||||||
income tax benefit | -105,000,000 | 16,000,000 | |||||||||||||||||||||||||||||||||
net income | 298,000,000 | 41,000,000 | 107,000,000 | 30,000,000 | 327,000,000 | 43,000,000 | 51,000,000 | 50,000,000 | |||||||||||||||||||||||||||
earnings per share: | |||||||||||||||||||||||||||||||||||
basic | 3,070,000 | 420,000 | 1,100,000 | 310,000 | 3,300,000 | 430,000 | |||||||||||||||||||||||||||||
diluted | 3,050,000 | 420,000 | 1,100,000 | 300,000 | 3,280,000 | 430,000 | |||||||||||||||||||||||||||||
investment in unconsolidated affiliates | 33,000,000 | 33,000,000 | 37,000,000 | ||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of september 30, 2018 and december 31, 2017 | |||||||||||||||||||||||||||||||||||
gain on foreign currency transactions | 1,000,000 | ||||||||||||||||||||||||||||||||||
income tax expense | -15,000,000 | -39,000,000 | -10,000,000 | -28,000,000 | -33,000,000 | -26,000,000 | |||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of june 30, 2018 and december 31, 2017 | |||||||||||||||||||||||||||||||||||
equity in losses from unconsolidated affiliates | -2,000,000 | ||||||||||||||||||||||||||||||||||
other gain | 1,000,000 | ||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of march 31, 2018 and december 31, 2017 | |||||||||||||||||||||||||||||||||||
investment in unconsolidated affiliate | 41,000,000 | 41,000,000 | |||||||||||||||||||||||||||||||||
commitments and contingencies - see note 20 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of december 31, 2017 and 2016 | |||||||||||||||||||||||||||||||||||
equity in earnings from unconsolidated affiliate | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||
commitments and contingencies - see note 15 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of september 30, 2017 and december 31, 2016 | |||||||||||||||||||||||||||||||||||
commitments and contingencies - see note 14 | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of june 30, 2017 and december 31, 2016 | |||||||||||||||||||||||||||||||||||
basic and diluted | 510,000 | 510,000 | |||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of march 31, 2017 and december 31, 2016 | |||||||||||||||||||||||||||||||||||
cash | 48,000,000 | ||||||||||||||||||||||||||||||||||
allocated parent debt | |||||||||||||||||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of december 31, 2016 and 2015 | |||||||||||||||||||||||||||||||||||
parent deficit |
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