Hilton Grand Vacations Inc (HGV)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 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 | 3,079,000 | 3,038,000 | 2,989,000 | 2,961,000 |
| ROA | 3.60% | 4.03% | 4.67% | 4.41% | 4.40% | 4.34% | 3.67% | 2.77% | 2.20% | -0.66% | -3.52% | -6.93% | -6.41% | 0.71% | 2.26% | 4.56% | 7.02% | 8.69% | 8.53% | 10.91% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $313,000K ÷ $8,685,000K
= 3.60%
Hilton Grand Vacations Inc's return on assets (ROA) has shown fluctuations in recent quarters. The ROA ranged from 2.77% to 4.67% over the past eight quarters, with the highest ROA recorded in Q2 2023 at 4.67% and the lowest in Q1 2022 at 2.77%.
Overall, the ROA has been relatively stable, hovering around the 4% range for the most part. This indicates that the company is generating a positive return on its assets, with the ability to efficiently utilize its resources to generate profits.
The upward trend from Q1 2022 to Q2 2023 suggests improving asset efficiency and profitability. However, the decrease in Q4 2023 compared to the previous quarter may warrant further analysis to understand the factors impacting the company's asset performance.
In conclusion, Hilton Grand Vacations Inc's ROA indicates a positive trend in asset management and profitability, but it is important to monitor future quarters to assess the sustainability of this performance.