HGV Hilton Grand Vacations Inc.

FY2025 10-K
Filed: Feb 26, 2026
Real Estate
Hotels, Rooming Houses, Camps & Other Lodging PlacesSEC EDGAR

Hilton Grand Vacations Inc. (HGV) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Vacation ownership sales and financing under Hilton Grand Vacations brand
  • New securitization deals in 2025 totaling $1.165 billion, including $65M in Japan, expanding liquidity sources
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Management Discussion & Analysis

  • Revenue from contract sales included 17% fee-for-service and 9% just-in-time inventory; total estimated contract sales supply $14.7B
  • Financing propensity steady at 67% in 2025 and 2024; weighted-average FICO scores 734 (2025) vs 741 (2024)
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Risk Factors

  • Cybersecurity risk managed by experienced CISO, reporting quarterly to Audit Committee on threats and incidents
  • Dependence on third-party service providers with mandatory security assessments to mitigate external cybersecurity risks
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Financial Summary
XBRL

Revenue

$4.5B

Net Income

$81M

Net Margin

1.8%

ROE

6.3%

Total Assets

$11.5B

EPS (Diluted)

$0.89

Operating Cash Flow

$300M

Source: XBRL data from Hilton Grand Vacations Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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