Hilton Grand Vacations (HGV) vs Travel Leisure (TNL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Travel Leisure (TNL) has outperformed Hilton Grand Vacations (HGV) over the past year, gaining 3.8% versus a loss of 18.5%. Over five years, TNL leads with a +14.5% price change compared with -29.3% for HGV. Travel Leisure is the larger company by market cap ($3.82 billion vs $2.67 billion), about 1.4 times the size.
On valuation, Hilton Grand Vacations trades at a lower forward P/E (6.5x vs 7.1x for Travel Leisure). Travel Leisure pays a dividend yielding 3.72%, while Hilton Grand Vacations does not currently pay one. Travel Leisure converts more of its revenue into profit, with a net margin of 5.7% versus 1.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HGV | TNL |
|---|---|---|
| Share price | $34.36 | $62.36 |
| Market cap | $2.67B | $3.82B |
| 1-day change | -0.58% | -0.40% |
| YTD return | -22.77% | -11.23% |
| 1-year return | -18.53% | +3.78% |
| 5-year return | -29.28% | +14.46% |
| P/E ratio (TTM) | 19.52 | 17.04 |
| Forward P/E | 6.48 | 7.11 |
| EPS (TTM) | $1.76 | $3.66 |
| Dividend yield | 0.00% | 3.72% |
| Annual dividend | $0.00 | $2.32 |
| Revenue (latest FY) | $5.05B | $4.02B |
| Revenue growth (YoY) | +1.33% | +4.06% |
| Net income (latest FY) | $81.00M | $230.00M |
| Gross margin | — | 93.21% |
| Operating margin | — | 13.75% |
| Net margin | 1.60% | 5.72% |
| 52-week high | $55.40 | $81.00 |
| 52-week low | $33.99 | $58.07 |
| Distance from 52-week high | -37.98% | -23.01% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +62.69% | +46.20% |
| Average volume | 1.09M | 738.70K |
| Shares outstanding | 77.72M | 61.28M |
| Employees | 22,300 | 19,000 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Hotels/Resorts | Hotels/Resorts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TNL has outperformed HGV by 22.3 percentage points over the past year.
- Travel Leisure offers a meaningfully higher dividend yield (3.72% vs 0.00%).
About Hilton Grand Vacations
HGV stock →Hilton Grand Vacations Inc. develops, markets, sells, manages, and operates the resorts, timeshare plans, and ancillary reservation services under the Hilton Grand Vacations brand in the United States, Japan, and Europe.
Consumer Discretionary · Hotels/Resorts · 22,300 employees
About Travel Leisure
TNL stock →Travel + Leisure Co., together with its subsidiaries, provides hospitality services and travel products in the United States and internationally. The company operates in two segments, Vacation Ownership; and Travel and Membership.
Consumer Discretionary · Hotels/Resorts · 19,000 employees
HGV vs TNL FAQ
Which is bigger, Hilton Grand Vacations or Travel Leisure?
Travel Leisure (TNL) is larger, with a market capitalization of $3.82B compared with $2.67B for Hilton Grand Vacations (HGV).
Which stock has performed better over the past year, HGV or TNL?
TNL returned +3.78% over the past 12 months, compared with -18.53% for HGV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HGV or TNL?
TNL has the lower trailing P/E at 17.0, versus 19.5 for HGV. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Hilton Grand Vacations or Travel Leisure?
Travel Leisure pays a dividend yielding 3.72%, while Hilton Grand Vacations does not currently pay a regular dividend.
Are Hilton Grand Vacations and Travel Leisure in the same industry?
Yes. Both are classified in the Hotels/Resorts industry within the Consumer Discretionary sector.