•
Dec 31, 2021

Hilton Grand Vacations Q4 2021 Earnings Report

Hilton Grand Vacations reported record results due to Diamond Resorts acquisition and recovery from the COVID-19 pandemic.

Key Takeaways

Hilton Grand Vacations reported a strong fourth quarter in 2021, marked by significant revenue growth and profitability, driven by the acquisition of Diamond Resorts and a rebound in travel demand. The company's strategic focus on integration and remodeling efforts positions it for continued success.

Total revenues increased to $838 million, compared to $212 million in the same period of 2020.

Net income reached $75 million, a substantial improvement from the $154 million net loss in the same period of 2020.

Diluted EPS was $0.62, compared to ($1.81) for the same period in 2020.

Adjusted EBITDA was $264 million, significantly higher than the $24 million in the same period of 2020.

Total Revenue
$838M
Previous year: $212M
+295.3%
EPS
$0.62
Previous year: $0.65
-4.6%
VPG
$4.29K
Previous year: $4.32K
-0.6%
Tour flow
116.12K
Previous year: 28.82K
+302.9%
Gross Profit
$314M
Previous year: $44M
+613.6%
Cash and Equivalents
$432M
Previous year: $428M
+0.9%
Free Cash Flow
$118M
Previous year: -$16M
-837.5%
Total Assets
$8.01B
Previous year: $3.13B
+155.5%

Hilton Grand Vacations

Hilton Grand Vacations

Hilton Grand Vacations Revenue by Segment

Forward Guidance

Deferral Adjusted EBITDA is projected to be $915 million to $935 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income