Marriott Vacations Worldwide Corporation (VAC) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 1.26B | 1.32B | 812M | 1.25B | 1.2B | 1.33B | 1.3B | 1.14B | 1.2B | 1.19B | 743M | 823M |
| Revenue Growth % | 4.75% | -0.3% | -37.78% | 9.3% | 0.42% | 11.14% | 75.64% | 38.52% | 48.63% | 43.51% | -40.66% | -2.02% |
| Cost of Goods Sold | 0 | 1.13B | 419M | 759M | 719M | 845M | 113M | 710M | 729M | 727M | 344M | 342M |
| COGS % of Revenue | - | 85.34% | 51.6% | 60.91% | 59.92% | 63.68% | 8.66% | 62.28% | 61% | 60.89% | 46.3% | 41.56% |
| Gross Profit | 1.26B | 194M | 393M | 487M | 481M | 482M | 1.19B | 430M | 466M | 467M | 399M | 481M |
| Gross Margin % | 100% | 14.66% | 48.4% | 39.09% | 40.08% | 36.32% | 91.34% | 37.72% | 39% | 39.11% | 53.7% | 58.44% |
| Gross Profit Growth % | 161.33% | -59.75% | -67.03% | 13.26% | 3.22% | 3.21% | 198.75% | -10.6% | -1.06% | -6.79% | -26.79% | -7.32% |
| Operating Expenses | 1.15B | 60M | 287M | 336M | 333M | 343M | 290M | 315M | 324M | 325M | 259M | 270M |
| OpEx % of Revenue | 91.09% | 4.54% | 35.34% | 26.97% | 27.75% | 25.85% | 22.22% | 27.63% | 27.11% | 27.22% | 34.86% | 32.81% |
| Selling, General & Admin | 0 | 305M | 287M | 298M | 295M | 306M | 290M | 280M | 286M | 289M | 259M | 270M |
| SG&A % of Revenue | - | 23.05% | 35.34% | 23.92% | 24.58% | 23.06% | 22.22% | 24.56% | 23.93% | 24.2% | 34.86% | 32.81% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 0 | 0 |
| Operating Income | 112M | 134M | 106M | 151M | 148M | 139M | 902M | 115M | 142M | 142M | 140M | 211M |
| Operating Margin % | 8.91% | 10.13% | 13.05% | 12.12% | 12.33% | 10.47% | 69.12% | 10.09% | 11.88% | 11.89% | 18.84% | 25.64% |
| Operating Income Growth % | -24.32% | -3.6% | -88.25% | 31.3% | 4.23% | -2.11% | 544.29% | -45.5% | -26.42% | -39.57% | -42.39% | -12.45% |
| EBITDA | 89M | 169M | 144M | 189M | 186M | 176M | 938M | 150M | 180M | 178M | 173M | 245M |
| EBITDA Margin % | 7.08% | 12.77% | 17.73% | 15.17% | 15.5% | 13.26% | 71.88% | 13.16% | 15.06% | 14.91% | 23.28% | 29.77% |
| EBITDA Growth % | -52.15% | -3.98% | -84.65% | 26% | 3.33% | -1.12% | 442.2% | -38.78% | -20% | -33.83% | -37.32% | -10.26% |
| D&A (Non-Cash Add-back) | 0 | 35M | 38M | 38M | 38M | 37M | 36M | 35M | 38M | 36M | 33M | 34M |
| EBIT | 89M | -452M | 1M | 136M | 142M | 98M | 158M | 91M | 121M | 142M | 107M | 177M |
| Net Interest Income | -44M | -44M | -43M | -42M | -40M | -39M | -40M | -43M | -40M | -39M | -36M | -36M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 44M | 44M | 43M | 42M | 40M | 39M | 40M | 43M | 40M | 39M | 36M | 36M |
| Other Income/Expense | -67M | -630M | -105M | -57M | -46M | -80M | -852M | -67M | -61M | -78M | -74M | -71M |
| Pretax Income | 45M | -496M | 1M | 94M | 102M | 59M | 50M | 48M | 81M | 64M | 66M | 140M |
| Pretax Margin % | 3.58% | -37.49% | 0.12% | 7.54% | 8.5% | 4.45% | 3.83% | 4.21% | 6.78% | 5.36% | 8.88% | 17.01% |
| Income Tax | 23M | -65M | 3M | 25M | 45M | 10M | -34M | 10M | 35M | 31M | 24M | 50M |
| Effective Tax Rate % | 51.11% | 13.1% | 300% | 26.6% | 44.12% | 16.95% | -68% | 20.83% | 43.21% | 48.44% | 36.36% | 35.71% |
| Net Income | 22M | -431M | -2M | 69M | 56M | 50M | 84M | 37M | 47M | 35M | 42M | 90M |
| Net Margin % | 1.75% | -32.58% | -0.25% | 5.54% | 4.67% | 3.77% | 6.44% | 3.25% | 3.93% | 2.93% | 5.65% | 10.94% |
| Net Income Growth % | -60.71% | -962% | -102.38% | 86.49% | 19.15% | 42.86% | 100% | -58.89% | -45.98% | -60.23% | -61.47% | -33.82% |
| Net Income (Continuing) | 22M | -431M | -2M | 69M | 57M | 49M | 84M | 38M | 46M | 33M | 42M | 90M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | -1M | 0 | 0 | -1M | 0 | 2M | 2M |
| EPS (Diluted) | 0.63 | -12.35 | -0.06 | 1.77 | 1.45 | 1.31 | 2.12 | 0.98 | 1.23 | 0.93 | 1.09 | 2.17 |
| EPS Growth % | -56.55% | -1042.75% | -102.7% | 80.61% | 17.89% | 40.86% | 94.5% | -54.84% | -40% | -54.63% | -56.92% | -26.94% |
| EPS (Basic) | 0.63 | -12.35 | -0.06 | 1.98 | 1.60 | 1.42 | 2.37 | 1.04 | 1.32 | 0.98 | 1.16 | 2.44 |
| Diluted Shares Outstanding | 34.9M | 34.9M | 34.9M | 41.7M | 42M | 42.1M | 42.1M | 42.2M | 42.2M | 42.5M | 43.3M | 43.8M |
| Basic Shares Outstanding | 34.9M | 34.9M | 34.9M | 34.9M | 35.1M | 35.2M | 35.4M | 35.4M | 35.5M | 35.6M | 36.4M | 36.9M |
| Dividend Payout Ratio | - | - | - | 40.58% | 98.21% | 52% | - | 72.97% | 114.89% | 74.29% | - | 28.89% |