Hilton Grand Vacations Inc (HGV)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 313,000 | 352,000 | 176,000 | -201,000 | 216,000 |
| Total stockholders’ equity | US$ in thousands | 2,115,000 | 2,151,000 | 1,988,000 | 374,000 | 570,000 |
| ROE | 14.80% | 16.36% | 8.85% | -53.74% | 37.89% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $313,000K ÷ $2,115,000K
= 14.80%
The return on equity (ROE) for Hilton Grand Vacations Inc has shown fluctuation over the past five years. In 2023, the ROE stands at 14.80%, representing a slight decrease from the previous year's 16.36%. The company experienced a significant improvement in ROE in 2022 compared to 2021 when it was 8.85%. However, there was a sharp decline in ROE in 2020 to -53.74%, indicating a negative return for that year. Prior to 2020, the company had a robust ROE of 37.89% in 2019.
The fluctuation in ROE suggests varying levels of profitability and efficiency in the company's operations over the years. Investors and stakeholders may want to further investigate the factors contributing to these fluctuations to assess the overall financial performance and sustainability of Hilton Grand Vacations Inc.