Hilton Grand Vacations Inc (HGV)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 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 | 570,000 | 494,000 | 450,000 | 575,000 |
| ROE | 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% | 37.89% | 53.44% | 56.67% | 56.17% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $313,000K ÷ $2,115,000K
= 14.80%
Hilton Grand Vacations Inc's return on equity (ROE) has shown a generally positive trend over the past eight quarters. The ROE has ranged from 11.33% in Q1 2022 to a high of 18.10% in Q2 2023, indicating the company's ability to generate profit from shareholders' equity.
The consistent upward trend in ROE from Q1 2022 to Q2 2023 suggests that Hilton Grand Vacations Inc has been effectively utilizing its equity to generate profits for its shareholders. The recent ROE figures above 15% indicate a relatively healthy return on equity, reflecting positively on the company's financial performance and efficiency in generating profits.
It is important for stakeholders to keep monitoring Hilton Grand Vacations Inc's ROE to ensure sustained profitability and efficient utilization of equity. A high and consistent ROE can indicate a strong financial position and efficient operations, which can attract investors and support the company's growth prospects.