Hilton Grand Vacations Inc (HGV)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 313,000 | 323,000 | 381,000 | 374,000 | 352,000 | 349,366 | 298,071 | 234,071 | 176,071 | -53,295 | -158,847 | -215,847 | -200,847 | 25,153 | 82,000 | 169,000 | 216,000 | 264,000 | 255,000 | 323,000 |
| Revenue (ttm) | US$ in thousands | 3,978,000 | 3,951,000 | 4,049,000 | 3,990,000 | 3,835,000 | 3,681,000 | 3,493,000 | 2,879,000 | 2,335,000 | 1,709,000 | 989,000 | 778,000 | 894,000 | 1,150,000 | 1,408,000 | 1,739,000 | 1,838,000 | 2,012,000 | 1,973,000 | 2,082,000 |
| Net profit margin | 7.87% | 8.18% | 9.41% | 9.37% | 9.18% | 9.49% | 8.53% | 8.13% | 7.54% | -3.12% | -16.06% | -27.74% | -22.47% | 2.19% | 5.82% | 9.72% | 11.75% | 13.12% | 12.92% | 15.51% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $313,000K ÷ $3,978,000K
= 7.87%
Hilton Grand Vacations Inc's net profit margin has shown some variability over the past eight quarters. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses have been deducted, ranged from 7.87% to 9.41% during the specified period.
The net profit margin was highest in Q2 2023 at 9.41% and lowest in Q4 2023 at 7.87%. The company's profitability was generally stable, staying above 8% in most quarters, with the exception of Q4 2023. This suggests that the company effectively managed its expenses relative to its revenue in most quarters.
Overall, Hilton Grand Vacations Inc's net profit margin demonstrates a reasonable level of profitability and efficiency in generating profit from its revenue streams, albeit with some fluctuations in performance across the quarters analyzed.