Hilton Grand Vacations Inc (HGV)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,260,000 | 3,044,000 | 2,851,000 | 1,691,000 | 173,000 |
| Revenue | US$ in thousands | 4,981,000 | 3,978,000 | 3,835,000 | 2,335,000 | 894,000 |
| Operating profit margin | 65.45% | 76.52% | 74.34% | 72.42% | 19.35% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,260,000K ÷ $4,981,000K
= 65.45%
Hilton Grand Vacations Inc's operating profit margin has shown a notable upward trend over the past few years. Starting at 19.35% on December 31, 2020, the operating profit margin increased significantly to 72.42% by December 31, 2021, and continued to rise to 74.34% by December 31, 2022. The trend continued with a further increase to 76.52% by December 31, 2023. However, there was a slight decrease to 65.45% by December 31, 2024. Overall, Hilton Grand Vacations Inc has demonstrated strong profitability, with consistently high operating profit margins in recent years, indicating efficient cost management and potentially strong revenue generation relative to operating expenses.