Hilton Grand Vacations Inc (HGV)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,484,000 | 3,699,000 | 3,451,000 | 3,277,000 | 3,137,000 | 3,182,000 | 3,240,000 | 3,117,000 | 2,898,000 | 2,704,000 | 2,556,000 | 2,090,000 | 1,714,000 | 1,371,000 | 767,000 | 600,000 | 727,000 | 983,000 | 1,229,000 | 1,546,000 |
| Total assets | US$ in thousands | 11,442,000 | 11,154,000 | 11,467,000 | 11,664,000 | 8,685,000 | 8,009,000 | 8,151,000 | 8,478,000 | 8,004,000 | 8,046,000 | 8,132,000 | 8,442,000 | 8,008,000 | 8,097,000 | 4,507,000 | 3,114,000 | 3,134,000 | 3,544,000 | 3,635,000 | 3,704,000 |
| Operating ROA | 30.45% | 33.16% | 30.10% | 28.09% | 36.12% | 39.73% | 39.75% | 36.77% | 36.21% | 33.61% | 31.43% | 24.76% | 21.40% | 16.93% | 17.02% | 19.27% | 23.20% | 27.74% | 33.81% | 41.74% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $3,484,000K ÷ $11,442,000K
= 30.45%
Hilton Grand Vacations Inc's operating return on assets (operating ROA) has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The trend indicates a gradual decline in operating ROA from 41.74% on March 31, 2020, to 30.45% on December 31, 2024, with occasional fluctuations and peaks in between.
The operating ROA peaked at 39.75% on June 30, 2023, showing a strong performance during that period. However, there was a sharp decrease in the operating ROA in the following quarter to 28.09% on March 31, 2024. This decline was followed by a recovery as the operating ROA increased to 33.16% on September 30, 2024.
Overall, the operating ROA of Hilton Grand Vacations Inc has demonstrated variability but has generally trended downwards over the analyzed period. This may indicate fluctuating operational efficiency or changes in asset utilization that impacted the company's profitability. Further analysis would be necessary to understand the specific reasons behind these fluctuations and to determine the implications for the company's financial performance and strategic direction.