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Marriott Vacations Worldwide Corporation(VAC)Earnings, Financials & Key Ratios
VAC•NYSE
$78.26
$2.68B mkt cap·Price updated May 6, 2026
AboutMarriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands. It also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company offers exchange networks and membership programs, as well as provision of management services to other resorts and lodging properties through various brands, including Interval International, Trading Places International, Vacation Resorts International, and Aqua-Aston. As of December 31, 2021, the company operated approximately 120 properties in the United States and thirteen other countries and territories. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.Show more
- Revenue$5.03B+1.3%
- EBITDA$703M+1.4%
- Net Income-$308M-241.3%
- EPS (Diluted)-8.83-257.4%
- Gross Margin15.1%-59.6%
- EBITDA Margin13.97%+0.1%
- Operating Margin11.01%
- Net Margin-6.12%-239.5%
- ROE-13.89%-253.7%
- ROIC5.74%+3.1%
- Debt/Equity2.89+34.9%
- Interest Coverage-0.77-126.6%
VAC Key Insights
Marriott Vacations Worldwide Corporation (VAC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 11.8%
- ✓Healthy dividend yield of 4.0%
- ✓Share count reduced 17.1% through buybacks
- ✓Trading at only 1.4x book value
✗Weaknesses
- ✗High debt to equity ratio of 2.9x
- ✗Weak 3Y average ROE of 1.9%
- ✗Negative free cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
VAC Price & Volume
Marriott Vacations Worldwide Corporation (VAC) stock price & volume — 10-year historical chart
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VAC Growth Metrics
Marriott Vacations Worldwide Corporation (VAC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years10.64%
5 Years11.76%
3 Years2.62%
TTM-6.72%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-250.66%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-270.77%
Return on Capital
10 Years7.93%
5 Years6.96%
3 Years6.55%
Last Year6.14%
VAC Recent Earnings
Marriott Vacations Worldwide Corporation (VAC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 5, 2026EPS
$1.24
Est $1.67
-25.7%
Revenue
$1.3B
Est $1.2B
+4.9%
Q1 2026
Feb 25, 2026EPS
$1.86
Est $1.72
+8.1%
Revenue
$1.3B
Est $1.3B
+1.6%
Q4 2025
Nov 5, 2025EPS
$1.69
Est $1.64
+3.0%
Revenue
$812M
Est $1.3B
-37.4%
Q3 2025
Aug 4, 2025EPS
$1.96
Est $1.72
+14.0%
Revenue
$1.2B
Est $1.3B
-5.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $1.24vs $1.67-25.7% | $1.3Bvs $1.2B+4.9% |
| Q1 2026 | Feb 25, 2026 | $1.86vs $1.72+8.1% | $1.3Bvs $1.3B+1.6% |
| Q4 2025 | Nov 5, 2025 | $1.69vs $1.64+3.0% | $812Mvs $1.3B-37.4% |
| Q3 2025 | Aug 4, 2025 | $1.96vs $1.72+14.0% | $1.2Bvs $1.3B-5.0% |
Based on last 12 quarters of dataView full earnings history →
VAC Peer Comparison
Marriott Vacations Worldwide Corporation (VAC) competitors in Timeshare and Vacation Ownership — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HGV | 3.95B | 48.61 | 54.62 | 1.32% | 3.84% | 13.33% | 5.10 | |
 TNL | 4.06B | 64.98 | 18.89 | 4.06% | 5.85% | |||
 MAR | 95.15B | 359.06 | 37.84 | 4.33% | 11.89% | |||
 HLT | 73.19B | 321.51 | 52.53 | 7.74% | 12.56% | |||
 H | 16.18B | 169.37 | -313.65 | 116.96% | -0.55% | -0.91% | 1.31 | |
 IHG | 21.9B | 145.56 | 29.89 | 5.4% | 13.72% | |||
 ABNB | 85.05B | 139.88 | 34.71 | 10.26% | 22.03% | 30.56% | 0.24 | |
 EXPE | 32.55B | 246.66 | 25.14 | 7.61% | 8.78% | 50.8% | 2.62 |
Compare VAC vs Peers
Marriott Vacations Worldwide Corporation (VAC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
VAC Income Statement
Marriott Vacations Worldwide Corporation (VAC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.18B | 2.97B | 4.26B | 2.89B | 3.89B | 4.66B | 4.73B | 4.97B | 5.03B | 4.64B |
| Revenue Growth % | 20.53% | 35.96% | 43.5% | -32.24% | 34.79% | 19.69% | 1.52% | 5.08% | 1.31% | -6.72% |
| Cost of Goods Sold | 1.42B | 1.87B | 2.59B | 2.19B | 2.44B | 2.67B | 2.91B | 3.11B | 4.27B | 2.31B |
| COGS % of Revenue | 64.96% | 62.94% | 60.77% | 75.88% | 62.65% | 57.37% | 61.54% | 62.65% | 84.9% | - |
| Gross Profit | 765M▲ 0% | 1.1B▲ 43.8% | 1.67B▲ 51.9% | 696M▼ 58.3% | 1.45B▲ 108.8% | 1.99B▲ 36.6% | 1.82B▼ 8.4% | 1.85B▲ 2.0% | 760M▼ 59.0% | 2.33B▲ 0% |
| Gross Margin % | 35.04% | 37.06% | 39.23% | 24.12% | 37.35% | 42.63% | 38.46% | 37.35% | 15.1% | 50.26% |
| Gross Profit Growth % | 8.24% | 43.79% | 51.91% | -58.35% | 108.76% | 36.61% | -8.41% | 2.04% | -59.03% | - |
| Operating Expenses | 505M | 1.1B | 1.2B | 696M | 990M | 1.19B | 1.23B | 1.31B | 206M | 1.83B |
| OpEx % of Revenue | 23.13% | 37.06% | 28.25% | 24.12% | 25.45% | 25.52% | 26.04% | 26.33% | 4.09% | - |
| Selling, General & Admin | 494M | 725M | 996M | 540M | 844M | 1.06B | 1.1B | 1.16B | 1.19B | 890M |
| SG&A % of Revenue | 22.63% | 24.43% | 23.39% | 18.71% | 21.7% | 22.68% | 23.19% | 23.39% | 23.55% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 4M | 375M | 0 | 156M | 146M | 132M | 135M | 146M | -979M | 1000K |
| Operating Income | 260.67M▲ 0% | 313M▲ 20.1% | 564M▲ 80.2% | 0▼ 100.0% | 463M▲ 0% | 797M▲ 72.1% | 587M▼ 26.3% | 547M▼ 6.8% | 554M▲ 1.3% | 503M▲ 0% |
| Operating Margin % | 11.94% | 10.55% | 13.24% | - | 11.9% | 17.12% | 12.42% | 11.01% | 11.01% | 10.85% |
| Operating Income Growth % | 18.49% | 20.07% | 80.19% | -100% | - | 72.14% | -26.35% | -6.81% | 1.28% | - |
| EBITDA | 281.67M | 375M | 705M | -67M | 609M | 929M | 722M | 693M | 703M | 591M |
| EBITDA Margin % | 12.9% | 12.63% | 16.55% | -2.32% | 15.66% | 19.95% | 15.27% | 13.95% | 13.97% | 12.74% |
| EBITDA Growth % | 16.86% | 33.13% | 88% | -109.5% | 1008.96% | 52.55% | -22.28% | -4.02% | 1.44% | -59.24% |
| D&A (Non-Cash Add-back) | 21M | 62M | 141M | 123M | 146M | 132M | 135M | 146M | 149M | 111M |
| EBIT | 250M | 157M | 357M | -190M | 291M | 700M | 543M | 468M | -130M | -226M |
| Net Interest Income | -10M | -54M | -132M | -150M | -164M | -118M | -145M | -162M | -169M | -173M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 10M | 54M | 132M | 150M | 164M | 118M | 145M | 162M | 169M | 173M |
| Other Income/Expense | -20.67M | -210M | -339M | -340M | -336M | -215M | -189M | -241M | -853M | -859M |
| Pretax Income | 240M▲ 0% | 103M▼ 57.1% | 225M▲ 118.4% | -340M▼ 251.1% | 127M▲ 137.4% | 582M▲ 358.3% | 398M▼ 31.6% | 306M▼ 23.1% | -299M▼ 197.7% | -356M▲ 0% |
| Pretax Margin % | 10.99% | 3.47% | 5.28% | -11.78% | 3.26% | 12.5% | 8.42% | 6.16% | -5.94% | -7.68% |
| Income Tax | 5M | 51M | 83M | -84M | 74M | 191M | 146M | 89M | 8M | -14M |
| Effective Tax Rate % | 2.08% | 49.51% | 36.89% | 24.71% | 58.27% | 32.82% | 36.68% | 29.08% | -2.68% | 3.93% |
| Net Income | 235M▲ 0% | 55M▼ 76.6% | 138M▲ 150.9% | -275M▼ 299.3% | 49M▲ 117.8% | 391M▲ 698.0% | 254M▼ 35.0% | 218M▼ 14.2% | -308M▼ 241.3% | -342M▲ 0% |
| Net Margin % | 10.76% | 1.85% | 3.24% | -9.53% | 1.26% | 8.4% | 5.37% | 4.39% | -6.12% | -7.37% |
| Net Income Growth % | 71.1% | -76.6% | 150.91% | -299.28% | 117.82% | 697.96% | -35.04% | -14.17% | -241.28% | -250.66% |
| Net Income (Continuing) | 235M | 52M | 142M | -256M | 53M | 391M | 252M | 217M | -307M | -342M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 5M | 12M | 31M | 10M | 2M | 0 | -1M | 0 | 0 |
| EPS (Diluted) | 8.49▲ 0% | 1.62▼ 80.9% | 3.10▲ 91.4% | -6.65▼ 314.5% | 1.13▲ 117.0% | 8.65▲ 665.5% | 6.28▼ 27.4% | 5.61▼ 10.7% | -8.83▼ 257.4% | -9.80▲ 0% |
| EPS Growth % | 75.78% | -80.92% | 91.36% | -314.52% | 116.99% | 665.49% | -27.4% | -10.67% | -257.4% | -270.77% |
| EPS (Basic) | 8.70 | 1.64 | 3.14 | -6.65 | 1.15 | 9.68 | 6.96 | 6.16 | -8.83 | - |
| Diluted Shares Outstanding | 27.7M | 34M | 44.5M | 41.35M | 43.3M | 45.2M | 43.5M | 42.1M | 34.9M | 34.9M |
| Basic Shares Outstanding | 27.1M | 33.54M | 44.66M | 41.35M | 42.61M | 40.4M | 36.5M | 35.4M | 34.9M | 34.9M |
| Dividend Payout Ratio | 16.17% | 92.73% | 58.7% | - | 46.94% | 25.32% | 41.73% | 49.08% | - | - |
VAC Balance Sheet
Marriott Vacations Worldwide Corporation (VAC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.1B | 3.84B | 4.15B | 3.91B | 3.85B | 4B | 3.94B | 4.09B | 3.73B | 1.36B |
| Cash & Short-Term Investments | 409M | 231M | 287M | 524M | 342M | 524M | 248M | 197M | 733M | 268M |
| Cash Only | 409M | 231M | 287M | 524M | 342M | 524M | 248M | 197M | 733M | 268M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.21B | 2.36B | 166M | 150M | 2.32B | 2.49B | 2.73B | 2.83B | 2.99B | 416M |
| Days Sales Outstanding | 201.81 | 290.6 | 14.23 | 18.97 | 218.06 | 195.2 | 210.65 | 207.74 | 217.1 | 127.73 |
| Inventory | 398M | 863M | 897M | 802M | 719M | 660M | 634M | 735M | 0 | 680M |
| Days Inventory Outstanding | 102.45 | 168.63 | 126.51 | 133.67 | 107.69 | 90.19 | 79.55 | 86.21 | - | 113.64 |
| Other Current Assets | 82M | 383M | 2.8B | 2.43B | 461M | 330M | 326M | 331M | 0 | 0 |
| Total Non-Current Assets | 749M | 5.18B | 5.06B | 4.99B | 5.77B | 5.63B | 5.74B | 5.72B | 6.03B | 4.6B |
| Property, Plant & Equipment | 583M | 951M | 860M | 922M | 1.14B | 1.14B | 1.26B | 1.17B | 950M | 944M |
| Fixed Asset Turnover | 3.74x | 3.12x | 4.95x | 3.13x | 3.42x | 4.09x | 3.75x | 4.25x | 5.30x | 4.12x |
| Goodwill | 0 | 2.83B | 2.89B | 2.82B | 3.15B | 3.12B | 3.12B | 3.12B | 2.96B | 2.96B |
| Intangible Assets | 0 | 1.11B | 1.03B | 952M | 993M | 911M | 854M | 790M | 711M | 696M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 166M | 292M | 281M | 297M | 488M | 468M | 513M | 641M | 1.41B | 2.61B |
| Total Assets | 2.85B▲ 0% | 9.02B▲ 217.0% | 9.21B▲ 2.2% | 8.9B▼ 3.4% | 9.61B▲ 8.0% | 9.64B▲ 0.3% | 9.68B▲ 0.4% | 9.81B▲ 1.3% | 9.76B▼ 0.5% | 9.64B▲ 0% |
| Asset Turnover | 0.77x | 0.33x | 0.46x | 0.32x | 0.40x | 0.48x | 0.49x | 0.51x | 0.52x | 0.47x |
| Asset Growth % | 18.97% | 216.98% | 2.17% | -3.43% | 8.04% | 0.27% | 0.43% | 1.32% | -0.52% | 4.06% |
| Total Current Liabilities | 446M | 1.14B | 905M | 724M | 1.26B | 1.32B | 1.29B | 1.3B | 210M | 736M |
| Accounts Payable | 145M | 301M | 286M | 209M | 265M | 356M | 362M | 343M | 358M | 270M |
| Days Payables Outstanding | 37.32 | 58.81 | 40.34 | 34.83 | 39.69 | 48.65 | 45.42 | 40.23 | 30.59 | 43.63 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 210M | 0 |
| Deferred Revenue (Current) | 69M | 383M | 0 | 0 | 453M | 344M | 382M | 354M | 0 | 1.23B |
| Other Current Liabilities | 112M | 210M | 187M | 147M | 201M | 251M | 205M | 220M | -358M | 0 |
| Current Ratio | 4.70x | 3.37x | 4.59x | 5.40x | 3.04x | 3.03x | 3.05x | 3.14x | 17.74x | 17.74x |
| Quick Ratio | 3.81x | 2.61x | 3.60x | 4.29x | 2.47x | 2.53x | 2.56x | 2.58x | 17.74x | 17.74x |
| Cash Conversion Cycle | 266.94 | 400.41 | 100.4 | 117.8 | 286.06 | 236.74 | 244.77 | 253.72 | - | 197.74 |
| Total Non-Current Liabilities | 1.36B | 4.62B | 5.28B | 5.49B | 5.36B | 5.82B | 6.01B | 6.07B | 7.55B | 6.91B |
| Long-Term Debt | 1.09B | 3.8B | 4.09B | 4.26B | 4.4B | 4.94B | 4.96B | 5.03B | 4.97B | 0 |
| Capital Lease Obligations | 7M | 17M | 165M | 146M | 83M | 86M | 189M | 199M | 570M | 1.38B |
| Deferred Tax Liabilities | 90M | 318M | 0 | 0 | 350M | 331M | 280M | 345M | 231M | 589M |
| Other Non-Current Liabilities | 104M | 488M | 1.02B | 1.09B | 73M | 464M | 581M | 496M | 1.25B | 9.7B |
| Total Liabilities | 1.8B | 5.55B | 6.18B | 6.22B | 6.63B | 7.14B | 7.3B | 7.37B | 7.76B | 7.64B |
| Total Debt | 1.09B | 3.82B | 4.26B | 4.41B | 4.49B | 5.03B | 5.14B | 5.22B | 5.75B | 0 |
| Net Debt | 686M | 3.59B | 3.97B | 3.88B | 4.14B | 4.5B | 4.9B | 5.03B | 5.02B | -268M |
| Debt / Equity | 1.05x | 1.10x | 1.41x | 1.64x | 1.50x | 2.01x | 2.16x | 2.14x | 2.89x | 2.89x |
| Debt / EBITDA | 3.89x | 10.18x | 6.04x | - | 7.37x | 5.41x | 7.13x | 7.54x | 8.18x | 0.00x |
| Net Debt / EBITDA | 2.44x | 9.57x | 5.63x | - | 6.81x | 4.85x | 6.78x | 7.26x | 7.14x | 7.14x |
| Interest Coverage | 25.00x | 2.91x | 2.70x | -1.27x | 1.77x | 5.93x | 3.74x | 2.89x | -0.77x | -1.31x |
| Total Equity | 1.04B▲ 0% | 3.47B▲ 232.9% | 3.03B▼ 12.6% | 2.68B▼ 11.5% | 2.99B▲ 11.3% | 2.5B▼ 16.3% | 2.38B▼ 4.6% | 2.44B▲ 2.5% | 1.99B▼ 18.4% | 1.99B▲ 0% |
| Equity Growth % | 14.67% | 232.95% | -12.55% | -11.51% | 11.33% | -16.34% | -4.64% | 2.48% | -18.35% | -29.92% |
| Book Value per Share | 37.58 | 101.94 | 68.11 | 64.86 | 68.96 | 55.27 | 54.76 | 57.98 | 57.11 | 57.08 |
| Total Shareholders' Equity | 1.04B | 3.46B | 3.02B | 2.65B | 2.98B | 2.5B | 2.38B | 2.44B | 1.99B | 1.99B |
| Common Stock | 0 | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Retained Earnings | 529M | 523M | 569M | 272M | 275M | 593M | 742M | 852M | 434M | 429M |
| Treasury Stock | -694M | -790M | -1.25B | -1.33B | -1.36B | -2.05B | -2.33B | -2.38B | -2.43B | 0 |
| Accumulated OCI | 17M | 6M | -36M | -48M | -16M | 15M | 16M | -8M | -11M | -12M |
| Minority Interest | 0 | 5M | 12M | 31M | 10M | 2M | 0 | -1M | 0 | 0 |
VAC Cash Flow Statement
Marriott Vacations Worldwide Corporation (VAC) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 142M | 97M | 382M | 299M | 343M | 522M | 232M | 205M | 28M | 28M |
| Operating CF Margin % | 6.5% | 3.27% | 8.97% | 10.36% | 8.82% | 11.21% | 4.91% | 4.13% | 0.56% | - |
| Operating CF Growth % | 1.3% | -31.69% | 293.81% | -21.73% | 14.72% | 52.19% | -55.56% | -11.64% | -86.34% | -467.89% |
| Net Income | 235M | 55M | 142M | -256M | 53M | 391M | 254M | 217M | -308M | -342M |
| Depreciation & Amortization | 21.49M | 62M | 141M | 123M | 146M | 132M | 135M | 146M | 149M | 225M |
| Stock-Based Compensation | 16.29M | 35M | 37M | 36M | 51M | 39M | 31M | 33M | 38M | 66M |
| Deferred Taxes | -66.13M | 54M | 5M | -38M | 34M | 87M | -64M | 38M | -103M | -88M |
| Other Non-Cash Items | -155.65M | -164M | -144M | 450M | -170M | -268M | 275M | -57M | 802M | 995M |
| Working Capital Changes | 91M | 55M | 201M | -16M | 229M | 141M | -399M | -172M | -550M | -984M |
| Change in Receivables | 5.7M | -38M | 69M | 21M | 0 | 0 | -496M | -16M | -40M | -559M |
| Change in Inventory | 45M | 9M | 65M | 18M | 61M | 104M | 87M | -33M | 27M | 26M |
| Change in Payables | 50.75M | 26M | 17M | -146M | 42M | 112M | 1M | 9M | -5M | 8M |
| Cash from Investing | -38M | -1.41B | 37M | -32M | -213M | 16M | -112M | -115M | -70M | -52M |
| Capital Expenditures | -26M | -40M | -46M | -41M | -47M | -65M | -118M | 0 | -57M | -43M |
| CapEx % of Revenue | 1.19% | 1.35% | 1.08% | 1.42% | 1.21% | 1.4% | 2.5% | 1.15% | 1.13% | - |
| Acquisitions | 0 | -1.35B | 51M | 15M | -154M | 94M | 16M | 0 | 3M | 53M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -12M | -14M | 32M | -6M | -12M | -13M | -10M | -115M | -16M | -62M |
| Cash from Financing | 171M | 1.43B | -331M | 23M | -317M | -486M | -401M | -132M | 241M | 273M |
| Debt Issued (Net) | 337M | 1.63B | 249M | 180M | -144M | 291M | 5M | 64M | 445M | 236M |
| Equity Issued (Net) | -88M | -96M | -465M | -82M | -78M | -724M | -298M | -56M | -61M | -25M |
| Dividends Paid | -38M | -51M | -81M | -45M | -23M | -99M | -106M | -107M | -110M | -110M |
| Share Repurchases | -88M | -96M | -465M | -82M | -78M | -701M | -286M | -56M | -61M | -25M |
| Other Financing | -40M | -52M | -34M | -30M | -72M | 46M | -2M | -33M | -33M | 172M |
| Net Change in Cash | 278M▲ 0% | 123M▼ 55.8% | 87M▼ 29.3% | 291M▲ 234.5% | -189M▼ 164.9% | 51M▲ 127.0% | -280M▼ 649.0% | -46M▲ 83.6% | 205M▲ 545.7% | 109M▲ 0% |
| Free Cash Flow | 116M▲ 0% | 57M▼ 50.9% | 336M▲ 489.5% | 258M▼ 23.2% | 296M▲ 14.7% | 457M▲ 54.4% | 114M▼ 75.1% | 148M▲ 29.8% | -29M▼ 119.6% | -23M▲ 0% |
| FCF Margin % | 5.31% | 1.92% | 7.89% | 8.94% | 7.61% | 9.82% | 2.41% | 2.98% | -0.58% | -0.5% |
| FCF Growth % | 10.05% | -50.86% | 489.47% | -23.21% | 14.73% | 54.39% | -75.05% | 29.82% | -119.59% | -114.84% |
| FCF per Share | 4.19 | 1.68 | 7.55 | 6.24 | 6.84 | 10.11 | 2.62 | 3.52 | -0.83 | -0.83 |
| FCF Conversion (FCF/Net Income) | 0.60x | 1.76x | 2.77x | -1.09x | 7.00x | 1.34x | 0.91x | 0.94x | -0.09x | 0.07x |
| Interest Paid | 22M | 55M | 167M | 176M | 184M | 149M | 204M | 247M | 237M | 183M |
| Taxes Paid | 49M | 41M | 53M | 32M | 13M | 57M | 141M | 133M | 143M | 139M |
VAC Key Ratios
Marriott Vacations Worldwide Corporation (VAC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 24.12% | 2.44% | 4.25% | -9.63% | 1.73% | 14.26% | 10.41% | 9.04% | -13.89% | -15.31% |
| Return on Invested Capital (ROIC) | 12.12% | 5.35% | 6.02% | - | 5.07% | 8.46% | 6.17% | 5.56% | 5.74% | 5.74% |
| Gross Margin | 35.04% | 37.06% | 39.23% | 24.12% | 37.35% | 42.63% | 38.46% | 37.35% | 15.1% | 50.26% |
| Net Margin | 10.76% | 1.85% | 3.24% | -9.53% | 1.26% | 8.4% | 5.37% | 4.39% | -6.12% | -7.37% |
| Debt / Equity | 1.05x | 1.10x | 1.41x | 1.64x | 1.50x | 2.01x | 2.16x | 2.14x | 2.89x | 2.89x |
| Interest Coverage | 25.00x | 2.91x | 2.70x | -1.27x | 1.77x | 5.93x | 3.74x | 2.89x | -0.77x | -1.31x |
| FCF Conversion | 0.60x | 1.76x | 2.77x | -1.09x | 7.00x | 1.34x | 0.91x | 0.94x | -0.09x | 0.07x |
| Revenue Growth | 20.53% | 35.96% | 43.5% | -32.24% | 34.79% | 19.69% | 1.52% | 5.08% | 1.31% | -6.72% |
VAC SEC Filings & Documents
Marriott Vacations Worldwide Corporation (VAC) SEC filings — annual & quarterly reports (10-K, 10-Q)
VAC Frequently Asked Questions
Marriott Vacations Worldwide Corporation (VAC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Marriott Vacations Worldwide Corporation (VAC) reported $4.64B in revenue for fiscal year 2025. This represents a 191% increase from $1.60B in 2009.
Marriott Vacations Worldwide Corporation (VAC) grew revenue by 1.3% over the past year. Growth has been modest.
Marriott Vacations Worldwide Corporation (VAC) reported a net loss of $342.0M for fiscal year 2025.
Dividend & Returns
Yes, Marriott Vacations Worldwide Corporation (VAC) pays a dividend with a yield of 4.03%. This makes it attractive for income-focused investors.
Marriott Vacations Worldwide Corporation (VAC) has a return on equity (ROE) of -13.9%. Negative ROE indicates the company is unprofitable.
Marriott Vacations Worldwide Corporation (VAC) had negative free cash flow of $23.0M in fiscal year 2025, likely due to heavy capital investments.
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