Hilton Grand Vacations Inc. (HGV) financial statements (2022 and earlier)

Company profile

Business Address 6355 METROWEST BOULEVARD, SUITE 180
ORLANDO, FL 32835
State of Incorp. DE
Fiscal Year End December 31
SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments43242867108246
Cash and cash equivalents43242867108246
Receivables302119174  
Total current assets:734547241108246
Noncurrent Assets
Operating lease, right-of-use asset705260
Inventory, real estate1,240702558527509
Property, plant and equipment756501778559238
Long-term investments and receivables5951443841
Long-term investments5951443841
Intangible assets, net (including goodwill)2,81881898172
Goodwill1,377    
Intangible assets, net (excluding goodwill)1,44181898172
Deferred income tax assets742
Total noncurrent assets:4,9501,3911,5311,205860
Other undisclosed assets2,3241,1961,3071,4401,278
TOTAL ASSETS:8,0083,1343,0792,7532,384
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred revenue112  
Total current liabilities:112    
Noncurrent Liabilities
Liabilities, other than long-term debt684137257  
Deferred gain on sale of property14   
Deferred income tax liabilities670137257
Total noncurrent liabilities:684137257  
Other undisclosed liabilities5,2242,6232,2522,1371,866
Total liabilities:6,0202,7602,5092,1371,866
Stockholders' equity
Stockholders' equity attributable to parent1,988374570616518
Common stock11111
Additional paid in capital1,630192179174162
Retained earnings357181390441355
Total stockholders' equity:1,988374570616518
TOTAL LIABILITIES AND EQUITY:8,0083,1343,0792,7532,384

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues2,3358941,8381,9991,711
Revenue, net683
Cost of revenue(1,702)(816)(1,396)(1,435)(595)
Cost of goods and services sold(37)   (370)
Gross profit:633784425641,116
Operating expenses(243)(323)(127)(130)(779)
Operating income (loss):390(245)315434337
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(26)3(3)(1) 
Interest and debt expense(105)(43)(43)(30)(27)
Income (loss) from continuing operations before equity method investments, income taxes:259(285)269403310
Income from equity method investments1054 1
Income (loss) from continuing operations before income taxes:269(280)273403311
Income tax expense (benefit)(93)79(57)(105)16
Net income (loss):176(201)216298327
Other undisclosed net income (loss) attributable to parent00(0)0(0)
Net income (loss) available to common stockholders, diluted:176(201)216298327

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):176(201)216298327
Comprehensive income (loss), net of tax, attributable to parent:176(201)216298327

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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