Hilton Grand Vacations Inc (HGV)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 47,000 | 95,000 | 158,000 | 236,000 | 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 |
| 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 |
| ROA | 0.41% | 0.85% | 1.38% | 2.02% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $47,000K ÷ $11,442,000K
= 0.41%
The return on assets (ROA) for Hilton Grand Vacations Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
Initially, the ROA was 4.56% as of March 31, 2020, indicating that the company generated $0.0456 in profit for every dollar of assets it possessed during that period. However, the ROA decreased steadily over the next few quarters, reaching a low of -6.93% by March 31, 2021, and December 31, 2021, reflecting a negative impact on profitability in relation to the company's assets.
Subsequently, the ROA started showing signs of improvement, with positive figures from June 30, 2021, onwards. The ROA increased gradually to reach a peak of 4.67% by June 30, 2023, signaling an enhancement in the company's profitability efficiency in utilizing its assets.
However, the ROA declined slightly in the subsequent quarters, with a decrease to 0.41% by December 31, 2024. This dip could indicate a potential decrease in profitability relative to the assets held by the company at the end of the period.
Overall, the ROA trend for Hilton Grand Vacations Inc fluctuated during the observed period, reflecting variations in the company's ability to generate profit from its assets. It is important for stakeholders to monitor these fluctuations to assess the company's operational and financial performance effectively.