Hilton Grand Vacations Inc. reported third‑quarter 2025 financial results, posting diluted earnings per share of $0.28, net income of $25 million, and adjusted EBITDA of $245 million. Total revenue for the quarter was $1.300 billion, down 0.5 % from $1.306 billion in the same period last year.
Segment performance: Real Estate Sales and Financing generated $789 million in revenue, a decline of $25 million YoY, with adjusted EBITDA of $184 million and a margin of 23.3 %. Resort Operations and Club Management revenue rose to $406 million, with adjusted EBITDA of $159 million and a margin of 39.2 %. Contract sales increased to $907 million, up 16.7 % YoY. The company did not disclose specific growth rates for tours and VPG in the Q3 2025 filing.
The results were impacted by a $99 million net deferral of revenue and a $57 million net deferral affecting net income and adjusted EBITDA, reflecting ongoing construction projects under the Bluegreen Vacations acquisition. Share repurchases totaled 3.3 million shares for $150 million during the quarter, underscoring management’s confidence in the business.
Cash and liquidity remained strong, with $215 million in unrestricted cash, $4.7 billion of net corporate debt, and $632 million of revolver capacity. The company reiterated its full‑year 2025 adjusted EBITDA guidance of $1.125 billion to $1.165 billion and emphasized continued focus on integration synergies and financing platform optimization.
A conference call to discuss the results will be held at 11 a.m. ET on October 30.
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