COMP <GO>

HGV vs V // GROSS PROFIT MARGIN

Hilton Grand Vacations Inc. (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: HGV 2 — V 7

■ METRIC PARITY

LAST: $35.71 (+0.51%) • MKT CAP: $2.78B

gross-margins

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LAST: $410.54 (+2.48%) • MKT CAP: $733.53B

gross-margins

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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HGV VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	HGV	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin ACTIVE	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	6.30%	32.30%	-26.00	V	/roic <GO>
EV/EBITDA & P/E Valuation	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	8.29%	2.90%	+5.39	HGV	/fcf-yield <GO>
Operating Margin	—	60.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	1.80%	50.10%	-48.30	V	/net-margins <GO>
Revenue Growth (YoY)	1.10%	11.30%	-10.20	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.63%	-0.63	V	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	9.09	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	9/9	-4.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	62.5	65.6	-3.11	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	31.9x	34.0x	-2.10	HGV	/forward-pe <GO>
Enterprise Scale & Market Cap	$2.78B	$733.53B	-$730.76B	V	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	HGV REV	V REV	HGV GROSS %	V GROSS %	HGV FCF	V FCF
FY 2025	$4.51B	$40.00B	—	—	$230.0M	$21.26B
FY 2024	$4.46B	$35.93B	—	—	$267.0M	$18.33B
FY 2023	$3.59B	$32.65B	—	—	$312.0M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

HGV // BETA —

V // BETA 1.06