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Dec 31, 2022

Hilton Grand Vacations Q4 2022 Earnings Report

Hilton Grand Vacations reported strong Q4 2022 results, marked by increased revenues and strategic progress.

Key Takeaways

Hilton Grand Vacations Inc. reported Q4 2022 results with total revenues of $992 million, a net income of $78 million, and adjusted EBITDA of $252 million. The company saw growth in contract sales and made advancements in integrating Diamond Resorts.

Total revenues increased to $992 million from $838 million in the same period of 2021.

Net income rose to $78 million compared to $75 million in the prior year.

Adjusted EBITDA reached $252 million.

Contract sales increased to $634 million.

Total Revenue
$992M
Previous year: $838M
+18.4%
EPS
$1.01
Previous year: $0.62
+62.9%
VPG
$4.35K
Previous year: $4.29K
+1.3%
Tour flow
141.61K
Previous year: 116.12K
+21.9%
Gross Profit
$313M
Previous year: $314M
-0.3%
Cash and Equivalents
$223M
Previous year: $432M
-48.4%
Free Cash Flow
-$62M
Previous year: $118M
-152.5%
Total Assets
$8B
Previous year: $8.01B
+-0.0%

Hilton Grand Vacations

Hilton Grand Vacations

Hilton Grand Vacations Revenue by Segment

Forward Guidance

The Company expects full-year 2023 Adjusted EBITDA excluding deferrals and recognitions to be in a range of $1,090 million to $1,120 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income