Hilton Grand Vacations Inc (HGV)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,752,000 | 1,845,000 | 1,918,000 | 2,004,000 | 2,115,000 | 2,148,000 | 2,105,000 | 2,132,000 | 2,151,000 | 2,157,000 | 2,077,000 | 2,065,000 | 1,988,000 | 1,894,000 | 396,000 | 369,000 | 374,000 | 522,000 | 523,000 | 563,000 |
| ROE | 2.68% | 5.15% | 8.24% | 11.78% | 14.80% | 15.04% | 18.10% | 17.54% | 16.36% | 16.20% | 14.35% | 11.34% | 8.86% | -2.81% | -40.11% | -58.50% | -53.70% | 4.82% | 15.68% | 30.02% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $47,000K ÷ $1,752,000K
= 2.68%
Hilton Grand Vacations' return on equity (ROE) experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE started at a relatively high level of 30.02% in March 2020 but then declined significantly to 15.68% by June 2020. Subsequently, there was a notable decrease to 4.82% in September 2020 and a sharp negative turn to -53.70% by December 2020.
The negative trend in ROE continued in the following quarters, reaching its lowest point at -58.50% in March 2021. However, from that point onwards, the company managed to reverse the negative trend and steadily improve its ROE. By December 2022, the ROE had increased to 16.36%.
The positive momentum continued into the next year with a gradual increase in ROE, reaching a peak of 18.10% in June 2023. However, there was a slight decline in the subsequent periods, with ROE hovering around 14-15% range towards the end of 2024.
Overall, Hilton Grand Vacations' ROE showed a mix of challenges and improvement over the analyzed period, with the company demonstrating efforts to enhance its profitability and efficiency in generating returns for its shareholders.