VAC · Marriott Vacations Worldwide Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | - | $1.26B | $1.25B | $1.20B | - | $1.30B | $1.14B | $1.20B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $64.00M | - | $53.00M | $61.00M | $61.00M | - | $62.00M | $54.00M | $63.00M | - |
| Total Operating Expenses | $1.17B | - | $1.23B | $1.13B | $1.07B | - | $1.16B | $1.04B | $1.06B | - |
| D&A | $34.00M | - | $38.00M | $38.00M | $38.00M | - | $36.00M | $35.00M | $38.00M | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $23.00M | - | $3.00M | $25.00M | $45.00M | - | $34.00M | $10.00M | $35.00M | - |
| Net Income | $22.00M | - | ($2.00M) | $69.00M | $56.00M | - | $84.00M | $37.00M | $47.00M | - |
| EPS - Basic | $0.64 | - | ($0.07) | $1.98 | $1.60 | - | $2.38 | $1.04 | $1.32 | - |
| EPS - Diluted | $0.64 | - | ($0.07) | $1.77 | $1.46 | - | $2.12 | $0.98 | $1.22 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $268.00M | $406.00M | $474.00M | $205.00M | $196.00M | $197.00M | $197.00M | $206.00M | $237.00M | $248.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $9.64B | $9.76B | $10.15B | $9.89B | $9.88B | $9.81B | $9.74B | $9.61B | $9.87B | $9.68B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $7.64B | $7.76B | $7.68B | $7.40B | $7.45B | $7.37B | $7.32B | $7.24B | $7.49B | $7.30B |
| Stockholders' Equity | $1.99B | $1.99B | $2.46B | $2.48B | $2.44B | $2.44B | $2.42B | $2.37B | $2.38B | $2.38B |
| Retained Earnings | $429.00M | $434.00M | $893.00M | $922.00M | $881.00M | $852.00M | $830.00M | $773.00M | $763.00M | $742.00M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($4.00M) | - | - | - | $8.00M | - | - | - | $3.00M | - |
| Investing Cash Flow | $42.00M | - | - | - | ($18.00M) | - | - | - | ($69.00M) | - |
| Financing Cash Flow | ($174.00M) | - | - | - | ($32.00M) | - | - | - | $43.00M | - |
| CapEx | $8.00M | - | - | - | $14.00M | - | - | - | $16.00M | - |
| Free Cash Flow | ($12.00M) | - | - | - | ($6.00M) | - | - | - | ($13.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 1.8% | - | -0.2% | 5.5% | 4.7% | - | 6.4% | 3.2% | 3.9% | - |
| Free cash flow margin | -1.0% | - | - | - | -0.5% | - | - | - | -1.1% | - |
| FCF / Net income | -0.55 | - | - | - | -0.11 | - | - | - | -0.28 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 5.1% | - | 4.2% | 4.9% | 5.1% | - | 4.8% | 4.7% | 5.3% | - |
| Effective tax rate | 51.1% | - | 300.0% | 26.6% | 44.6% | - | 28.8% | 21.3% | 42.7% | - |
| Return on assets | 0.2% | - | -0.0% | 0.7% | 0.6% | - | 0.9% | 0.4% | 0.5% | - |
| Return on equity | 1.1% | - | -0.1% | 2.8% | 2.3% | - | 3.5% | 1.6% | 2.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 4.84 | 4.90 | 4.12 | 3.98 | 4.06 | 4.02 | 4.03 | 4.05 | 4.15 | 4.06 |
| Liabilities / Assets | 0.79 | 0.80 | 0.76 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.76 | 0.75 |
| Efficiency | ||||||||||
| Asset turnover | 0.13 | - | 0.12 | 0.13 | 0.12 | - | 0.13 | 0.12 | 0.12 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 101.8x | - | - | 40.9x | 44.0x | - | 34.7x | 89.1x | 88.3x | - |
| P / B | 1.1x | - | 0.9x | 1.2x | 1.1x | - | 1.3x | 1.6x | 1.9x | - |
| P / S | 1.8x | - | 1.8x | 2.4x | 2.2x | - | 2.4x | 3.2x | 3.8x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.8% | - | -3.2% | 9.3% | 0.4% | - | 10.0% | -3.2% | 2.2% | - |
| Revenue CAGR (3y) | 2.4% | - | 0.3% | 2.3% | 4.5% | - | 7.4% | 5.2% | 16.3% | - |
| Revenue CAGR (5y) | 10.6% | - | 14.2% | 21.0% | 3.5% | - | 3.8% | 1.3% | 2.4% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | -60.7% | - | - | 86.5% | 19.1% | - | 100.0% | -58.9% | -46.0% | - |
| EPS growth (YoY) | -56.2% | - | - | 80.6% | 19.7% | - | 94.5% | -54.8% | -40.8% | - |
| EPS CAGR (3y) | -32.3% | - | - | -15.8% | 5.9% | - | 109.7% | 86.9% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | -2.3% | 19.1% | - |
| FCF growth (YoY) | -100.0% | - | - | - | 53.8% | - | - | - | 85.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -18.2% | -18.4% | 1.9% | 4.7% | 2.4% | 2.5% | 0.5% | -4.2% | -4.0% | -4.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$4.66B totalVacation Ownership$4.45B · 95.4%
Exchangeand Third Party Management$213.00M · 4.6%
Product / service
$5.30B totalCost Reimbursement$1.70B · 32.0%
Time Share$1.46B · 27.6%
Management And Exchange$860.00M · 16.2%
Rental$650.00M · 12.3%
Ancillary Revenues$273.00M · 5.1%
Management Service$221.00M · 4.2%
Service Other$139.00M · 2.6%
Peer comparison
Same SIC group: Real Estate Agents & Managers (For Others)
Comparing MARRIOTT VACATIONS WORLDWIDE Corp against the 5 most active filers in the same SIC group.
Dividends
$3.19/share trailing 12 months · +1.9% YoY
| Ex-date | Per share |
|---|---|
| May 27, 2026 | $0.8000 |
| Mar 4, 2026 | $0.8000 |
| Dec 24, 2025 | $0.8000 |
| Sep 17, 2025 | $0.7900 |
| May 23, 2025 | $0.7900 |
| Mar 5, 2025 | $0.7900 |
| Dec 19, 2024 | $0.7900 |
| Sep 19, 2024 | $0.7600 |
| May 22, 2024 | $0.7600 |
| Feb 28, 2024 | $0.7600 |
| Dec 20, 2023 | $0.7600 |
| Sep 20, 2023 | $0.7200 |
| May 24, 2023 | $0.7200 |
| Mar 1, 2023 | $0.7200 |
| Dec 21, 2022 | $0.7200 |
| Sep 21, 2022 | $0.6200 |
| May 25, 2022 | $0.6200 |
| Mar 2, 2022 | $0.6200 |
| Dec 22, 2021 | $0.5400 |
| Sep 22, 2021 | $0.5400 |
| Feb 26, 2020 | $0.5400 |
| Dec 20, 2019 | $0.5400 |
| Sep 18, 2019 | $0.4500 |
| May 22, 2019 | $0.4500 |