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Hilton Grand Vacations vs Civeo: HGV and CVEO compared
Hilton Grand Vacations is the larger company: $2.0B of revenue in its latest quarter (Q3 2026) against $193M for Civeo (Q3 2026). Hilton Grand Vacations is growing faster (+51% against +13% a year earlier). Hilton Grand Vacations is more profitable, with an operating margin of 25.1% against 6.9%.
Where the money goes: HGV and CVEO
Hilton Grand Vacations (HGV) · Q3 2026
Hilton Grand Vacations, Q3 2026: revenue $2.0B (+51% year over year), operating margin 25.1%, net earnings $291M, operating cash flow $87.0M. The chart follows the revenue to costs, profit and cash.
Civeo (CVEO) · Q3 2026
Civeo, Q3 2026: revenue $193M (+13% year over year), operating margin 6.9%, net earnings $5.2M, operating cash flow $26.4M. The chart follows the revenue to costs, profit and cash.
| Hilton Grand Vacations (HGV) | Civeo (CVEO) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $2.0B | $193M |
| Revenue growth, Y/Y | +51% | +13% |
| Gross margin | — | 24.0% |
| Operating margin | 25.1% | 6.9% |
| Net earnings | $291M | $5.2M |
| Net margin | 14.8% | 2.7% |
| Operating cash flow | $87.0M | $26.4M |
| Free cash flow | $52.0M | $21.0M |
| Market value | $3.5B | — |
| P/E | 8.6× | — |
| Analysts’ mean target | $47.10 | — |
Where the revenue comes from
Hilton Grand Vacations
- Sales of VOIs, net: $1.1B (57%)
- Resort and club management: $196M (10%)
- Rental and ancillary services: $194M (10%)
- Cost reimbursements: $153M (8%)
Civeo
- Australia: $130M (67%)
- Canada: $63.6M (33%)
Questions
Which is bigger, Hilton Grand Vacations or Civeo?
Hilton Grand Vacations is the larger company: $2.0B of revenue in its latest quarter (Q3 2026) against $193M for Civeo (Q3 2026).
Is Hilton Grand Vacations or Civeo growing faster?
Hilton Grand Vacations is growing faster (+51% against +13% a year earlier).
Which is more profitable, Hilton Grand Vacations or Civeo?
Hilton Grand Vacations is more profitable, with an operating margin of 25.1% against 6.9%.
More: Hilton Grand Vacations earnings · how Hilton Grand Vacations makes money · Civeo earnings · how Civeo makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Oct 30, 2026). Fiscal quarters can end on different dates. Not investment advice.