Hilton Grand Vacations Inc (HGV)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 47,000 | 313,000 | 352,000 | 176,000 | -201,000 |
| Revenue | US$ in thousands | 4,981,000 | 3,978,000 | 3,835,000 | 2,335,000 | 894,000 |
| Net profit margin | 0.94% | 7.87% | 9.18% | 7.54% | -22.48% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $47,000K ÷ $4,981,000K
= 0.94%
Hilton Grand Vacations Inc's net profit margin has seen fluctuations over the past few years. The company recorded a negative net profit margin of -22.48% as of December 31, 2020, indicating that expenses exceeded its revenues during that period. However, there was a significant improvement in profitability as the net profit margin increased to 7.54% by December 31, 2021.
Further enhancing its performance, Hilton Grand Vacations Inc's net profit margin continued to rise to 9.18% by December 31, 2022. However, there was a slight dip in profitability in the subsequent year, with the net profit margin reducing to 7.87% by December 31, 2023.
The company faced a significant drop in net profit margin to 0.94% by December 31, 2024. This decline may be attributed to various factors such as increased expenses, declining revenues, or a combination of both. It's essential for the company to closely monitor its expenses and revenue generation to sustain and improve its profitability in the future.