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Side-by-side financial comparison of Hilton Grand Vacations Inc. (HGV) and Monolithic Power Systems (MPWR). Click either name above to swap in a different company.

Hilton Grand Vacations Inc. is the larger business by last-quarter revenue ($1.2B vs $804.2M, roughly 1.5× Monolithic Power Systems). Monolithic Power Systems runs the higher net margin — 24.0% vs 4.0%, a 20.0% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (26.1% vs 3.7%). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (25.9% CAGR vs 7.4%).

Hilton Grand Vacations Inc. is a multi-national company that is based in Orlando, Florida, United States. It manages and operates the Hilton Worldwide timeshare and vacation ownership brands under an exclusive licensing agreement with Hilton Worldwide. HGV was formerly a wholly owned subsidiary of Hilton Worldwide until it was spun off into a publicly traded company in 2017. Even though HGV is an independent company post spin-off, Hilton Worldwide still retains full ownership of the Hilton Gr...

Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in Kirkland, Washington. It operates in more than 15 locations worldwide.

HGV vs MPWR — Head-to-Head

Bigger by revenue
HGV
HGV
1.5× larger
HGV
$1.2B
$804.2M
MPWR
Growing faster (revenue YoY)
MPWR
MPWR
+22.4% gap
MPWR
26.1%
3.7%
HGV
Higher net margin
MPWR
MPWR
20.0% more per $
MPWR
24.0%
4.0%
HGV
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
25.9%
7.4%
HGV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HGV
HGV
MPWR
MPWR
Revenue
$1.2B
$804.2M
Net Profit
$48.0M
$193.2M
Gross Margin
55.3%
Operating Margin
7.8%
30.0%
Net Margin
4.0%
24.0%
Revenue YoY
3.7%
26.1%
Net Profit YoY
140.0%
43.1%
EPS (diluted)
$0.53
$3.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HGV
HGV
MPWR
MPWR
Q1 26
$804.2M
Q4 25
$1.2B
$751.2M
Q3 25
$1.2B
$737.2M
Q2 25
$1.1B
$664.6M
Q1 25
$1.0B
$637.6M
Q4 24
$1.1B
$621.7M
Q3 24
$1.2B
$620.1M
Q2 24
$1.1B
$507.4M
Net Profit
HGV
HGV
MPWR
MPWR
Q1 26
$193.2M
Q4 25
$48.0M
$171.7M
Q3 25
$25.0M
$179.8M
Q2 25
$25.0M
$135.0M
Q1 25
$-17.0M
$135.1M
Q4 24
$20.0M
$1.3B
Q3 24
$29.0M
$144.4M
Q2 24
$2.0M
$100.4M
Gross Margin
HGV
HGV
MPWR
MPWR
Q1 26
55.3%
Q4 25
55.2%
Q3 25
55.1%
Q2 25
55.1%
Q1 25
55.4%
Q4 24
55.4%
Q3 24
55.4%
Q2 24
55.3%
Operating Margin
HGV
HGV
MPWR
MPWR
Q1 26
30.0%
Q4 25
7.8%
26.6%
Q3 25
3.9%
26.5%
Q2 25
3.8%
24.8%
Q1 25
-0.6%
26.5%
Q4 24
4.3%
26.3%
Q3 24
7.9%
26.5%
Q2 24
0.6%
23.0%
Net Margin
HGV
HGV
MPWR
MPWR
Q1 26
24.0%
Q4 25
4.0%
22.9%
Q3 25
2.1%
24.4%
Q2 25
2.2%
20.3%
Q1 25
-1.7%
21.2%
Q4 24
1.7%
201.8%
Q3 24
2.5%
23.3%
Q2 24
0.2%
19.8%
EPS (diluted)
HGV
HGV
MPWR
MPWR
Q1 26
$3.92
Q4 25
$0.53
$3.50
Q3 25
$0.28
$3.74
Q2 25
$0.25
$2.81
Q1 25
$-0.17
$2.81
Q4 24
$0.19
$25.71
Q3 24
$0.28
$2.95
Q2 24
$0.02
$2.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HGV
HGV
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$239.0M
$1.4B
Total DebtLower is stronger
$4.5B
Stockholders' EquityBook value
$1.3B
$3.7B
Total Assets
$11.5B
$4.4B
Debt / EquityLower = less leverage
3.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HGV
HGV
MPWR
MPWR
Q1 26
$1.4B
Q4 25
$239.0M
$1.3B
Q3 25
$215.0M
$1.3B
Q2 25
$269.0M
$1.1B
Q1 25
$259.0M
$1.0B
Q4 24
$328.0M
$862.9M
Q3 24
$297.0M
$1.5B
Q2 24
$328.0M
$1.3B
Total Debt
HGV
HGV
MPWR
MPWR
Q1 26
Q4 25
$4.5B
Q3 25
$4.7B
Q2 25
$4.6B
Q1 25
$4.5B
Q4 24
$4.6B
Q3 24
$5.0B
Q2 24
$4.9B
Stockholders' Equity
HGV
HGV
MPWR
MPWR
Q1 26
$3.7B
Q4 25
$1.3B
$3.5B
Q3 25
$1.4B
$3.4B
Q2 25
$1.5B
$3.2B
Q1 25
$1.6B
$3.1B
Q4 24
$1.8B
$3.0B
Q3 24
$1.8B
$2.4B
Q2 24
$1.9B
$2.2B
Total Assets
HGV
HGV
MPWR
MPWR
Q1 26
$4.4B
Q4 25
$11.5B
$4.2B
Q3 25
$11.7B
$4.1B
Q2 25
$11.7B
$3.9B
Q1 25
$11.8B
$3.7B
Q4 24
$11.4B
$3.5B
Q3 24
$11.2B
$2.9B
Q2 24
$11.5B
$2.6B
Debt / Equity
HGV
HGV
MPWR
MPWR
Q1 26
Q4 25
3.53×
Q3 25
3.41×
Q2 25
3.07×
Q1 25
2.83×
Q4 24
2.63×
Q3 24
2.73×
Q2 24
2.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HGV
HGV
MPWR
MPWR
Operating Cash FlowLast quarter
$167.0M
Free Cash FlowOCF − Capex
$147.0M
FCF MarginFCF / Revenue
12.3%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
3.48×
TTM Free Cash FlowTrailing 4 quarters
$230.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HGV
HGV
MPWR
MPWR
Q1 26
Q4 25
$167.0M
$104.9M
Q3 25
$34.0M
$239.3M
Q2 25
$61.0M
$237.6M
Q1 25
$38.0M
$256.4M
Q4 24
$105.0M
$167.7M
Q3 24
$91.0M
$231.7M
Q2 24
$113.0M
$141.0M
Free Cash Flow
HGV
HGV
MPWR
MPWR
Q1 26
Q4 25
$147.0M
$63.9M
Q3 25
$13.0M
$196.8M
Q2 25
$46.0M
$189.5M
Q1 25
$24.0M
$216.0M
Q4 24
$90.0M
$102.9M
Q3 24
$81.0M
$197.9M
Q2 24
$106.0M
$109.5M
FCF Margin
HGV
HGV
MPWR
MPWR
Q1 26
Q4 25
12.3%
8.5%
Q3 25
1.1%
26.7%
Q2 25
4.0%
28.5%
Q1 25
2.4%
33.9%
Q4 24
7.8%
16.5%
Q3 24
6.9%
31.9%
Q2 24
9.6%
21.6%
Capex Intensity
HGV
HGV
MPWR
MPWR
Q1 26
Q4 25
1.7%
5.5%
Q3 25
1.8%
5.8%
Q2 25
1.3%
7.2%
Q1 25
1.4%
6.3%
Q4 24
1.3%
10.4%
Q3 24
0.9%
5.5%
Q2 24
0.6%
6.2%
Cash Conversion
HGV
HGV
MPWR
MPWR
Q1 26
Q4 25
3.48×
0.61×
Q3 25
1.36×
1.33×
Q2 25
2.44×
1.76×
Q1 25
1.90×
Q4 24
5.25×
0.13×
Q3 24
3.14×
1.60×
Q2 24
56.50×
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HGV
HGV

Sales Of Vacation Ownership Intervals Net$492.0M41%
Fee For Services Commissions Package Sales And Other Fees$169.0M14%
Cost Reimbursements$141.0M12%
Resort Management$118.0M10%
Other$116.0M10%
Club Management$101.0M8%
Related Party$42.0M4%
Ancillary Services$13.0M1%

MPWR
MPWR

Segment breakdown not available.

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