Marriott Vacations Worldwide
VAC
103.08
-1.49
-1.42%
Marriott Vacations Worldwide
US · VAC
#2379 by market cap
Listed 1970
103.08
-1.49
-1.42%
Live - 5344 symbols - heartbeat 427s ago
· 2026-10-08 07:40
Pre-market
103.08
0.00%
After-hours
103.08
0.00%
Overnight
103.50
+0.41%
- Market cap
- 3.55B
- P/E (TTM)i
- -11.14
- P/Bi
- 1.72
- EPSi
- -8.84
- Div yieldi
- 3.09%
- 52W posi
- 69%
Reader sentiment
Are you bullish or bearish on VAC?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.42, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +1.31% YoY
Margins
- Gross margin
- 37.52%
- Operating margin
- 11.01%
- Net margin
- -6.12%
Key ratios & quality
- Altman Z-Scorei
- 1.42
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.97B | 4.26B | 2.89B | 3.89B | 4.66B | 4.73B | 4.97B | 5.03B |
| Gross profit | 1.10B | 1.70B | 696.00M | 1.45B | 1.99B | 1.82B | 1.86B | 1.89B |
| Selling & admin expenses | 725.00M | 996.00M | 540.00M | 844.00M | 1.06B | 1.10B | 1.16B | 1.19B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 313.00M | 564.00M | 33.00M | 463.00M | 797.00M | 587.00M | 553.00M | 554.00M |
| Pretax profit | 103.00M | 225.00M | -340.00M | 127.00M | 582.00M | 398.00M | 306.00M | -299.00M |
| Tax | 51.00M | 83.00M | -84.00M | 74.00M | 191.00M | 146.00M | 89.00M | 8.00M |
| Net profit | 52.00M | 142.00M | -256.00M | 53.00M | 391.00M | 252.00M | 217.00M | -307.00M |
| Basic EPS | 2 | 3 | -7 | 1 | 10 | 7 | 6 | -9 |
| Diluted EPS | 1.61 | 3.09 | -6.65 | 1.13 | 8.77 | 6.28 | 5.61 | -8.84 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 1.20B | 1.25B | 1.26B | 1.32B | 1.26B | 1.32B |
| Gross profit | 481.00M | 487.00M | 446.00M | 474.00M | 452.00M | 545.00M |
| Selling & admin expenses | 295.00M | 298.00M | 287.00M | 305.00M | 306.00M | 343.00M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 148.00M | 151.00M | 121.00M | 134.00M | 112.00M | 170.00M |
| Pretax profit | 102.00M | 94.00M | 1.00M | -496.00M | 45.00M | 114.00M |
| Tax | 45.00M | 25.00M | 3.00M | -65.00M | 23.00M | 37.00M |
| Net profit | 57.00M | 69.00M | -2.00M | -431.00M | 22.00M | 77.00M |
| Basic EPS | 2 | 2 | 0 | -12 | 1 | 2 |
| Diluted EPS | 1.46 | 1.77 | -0.07 | -12.43 | 0.64 | 2.12 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 3.84B | 4.12B | 3.87B | 3.85B | 4.00B | 3.94B | 4.09B | 4.42B |
| Cash & ST investments | 231.00M | 287.00M | 524.00M | 342.00M | 524.00M | 248.00M | 197.00M | 406.00M |
| Inventory | 863.00M | 859.00M | 759.00M | 719.00M | 660.00M | 634.00M | 735.00M | 692.00M |
| Total assets | 9.02B | 9.21B | 8.90B | 9.61B | 9.64B | 9.68B | 9.81B | 9.76B |
| Total current liabilities | 1.14B | 1.30B | 1.20B | 1.26B | 1.32B | 1.29B | 1.30B | 1.32B |
| Short-term debt | -- | -- | -- | -- | -- | -- | -- | -- |
| Long-term debt | 3.80B | 4.07B | 4.26B | 4.40B | 4.94B | 4.96B | 5.03B | 5.48B |
| Total liabilities | 5,552,000,000.00 | 6,183,000,000.00 | 6,216,000,000.00 | 6,627,000,000.00 | 7,141,000,000.00 | 7,298,000,000.00 | 7,367,000,000.00 | 7,764,000,000.00 |
| Total equity | 3.47B | 3.03B | 2.68B | 2.99B | 2.50B | 2.38B | 2.44B | 1.99B |
| Retained earnings | 523.00M | 569.00M | 272.00M | 275.00M | 593.00M | 742.00M | 852.00M | 434.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 4.06B | 4.08B | 4.38B | 4.42B | 4.26B | 4.20B |
| Cash & ST investments | 196.00M | 205.00M | 474.00M | 406.00M | 268.00M | 211.00M |
| Inventory | 737.00M | 744.00M | 727.00M | 692.00M | 680.00M | 673.00M |
| Total assets | 9.88B | 9.89B | 10.15B | 9.76B | 9.64B | 9.48B |
| Total current liabilities | 1.33B | 1.16B | 1.17B | 1.32B | 1.34B | 1.23B |
| Short-term debt | -- | -- | -- | -- | -- | -- |
| Long-term debt | 5.10B | 5.19B | 5.44B | 5.48B | 5.37B | 5.26B |
| Total liabilities | 7,447,000,000.00 | 7,403,000,000.00 | 7,684,000,000.00 | 7,764,000,000.00 | 7,644,000,000.00 | 7,422,000,000.00 |
| Total equity | 2.44B | 2.48B | 2.47B | 1.99B | 1.99B | 2.06B |
| Retained earnings | 881.00M | 922.00M | 893.00M | 434.00M | 429.00M | 478.00M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 97.00M | 382.00M | 299.00M | 343.00M | 522.00M | 232.00M | 205.00M | 28.00M |
| Depreciation & amortization | 62.00M | 141.00M | 123.00M | 146.00M | 132.00M | 135.00M | 146.00M | 149.00M |
| Free cash flow | 57.00M | 336.00M | 258.00M | 296.00M | 457.00M | 114.00M | 148.00M | -29.00M |
| Dividends paid | -51.00M | -81.00M | -45.00M | -23.00M | -99.00M | -106.00M | -107.00M | -110.00M |
| Stock buybacks / issuance | -96.00M | -465.00M | -82.00M | -78.00M | -701.00M | -286.00M | -56.00M | -61.00M |
| Ending cash balance | 614.00M | 701.00M | 992.00M | 803.00M | 854.00M | 574.00M | 528.00M | 733.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 8.00M | -48.00M | 62.00M | 6.00M | -4.00M | 80.00M |
| Depreciation & amortization | 38.00M | 38.00M | 38.00M | 35.00M | 34.00M | 32.00M |
| Free cash flow | -6.00M | -68.00M | 51.00M | -6.00M | -12.00M | 66.00M |
| Dividends paid | -55.00M | -28.00M | -27.00M | 0 | -55.00M | -27.00M |
| Stock buybacks / issuance | -36.00M | 0 | 0 | -25.00M | 0 | 0 |
| Ending cash balance | 487.00M | 468.00M | 733.00M | 733.00M | 596.00M | 513.00M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 2.44 | 4.26 | -9.70 | 1.74 | 14.29 | 10.41 | 9.04 | -13.89 |
| ROA %i | 0.92 | 1.51 | -3.04 | 0.53 | 4.06 | 2.63 | 2.24 | -3.15 |
| ROIC %i | 2.00 | 3.08 | -2.31 | 2.35 | 6.28 | 4.60 | 4.38 | -2.38 |
| 5-year avg ROE %i | 11.70 | 11.14 | 6.81 | 4.57 | 2.61 | 4.20 | 5.16 | 4.32 |
| EBIT margin %i | 5.29 | 8.20 | -6.58 | 7.48 | 15.03 | 11.49 | 9.42 | -2.58 |
| FCF / sales %i | 1.92 | 7.72 | 8.94 | 7.61 | 9.82 | 2.41 | 2.98 | -- |
| Current ratioi | 3.37 | 3.16 | 3.21 | 3.04 | 3.03 | 3.05 | 3.14 | 3.34 |
| Quick ratioi | 2.28 | 2.18 | 2.19 | 2.11 | 2.28 | 2.30 | 2.32 | 2.57 |
| Debt / assetsi | 42.34 | 44.36 | 47.97 | 46.68 | 52.14 | 53.15 | 53.27 | 58.21 |
| LT debt / equityi | 110.31 | 135.38 | 161.00 | 150.77 | 201.36 | 216.00 | 213.96 | 285.00 |
| Interest coveragei | 2.91 | 2.70 | -1.27 | 1.77 | 5.93 | 3.74 | 2.89 | -0.77 |
| Revenue CAGR (3Y) %i | 17.90 | 28.65 | 9.75 | 9.44 | 3.02 | 17.88 | 8.49 | 2.62 |
| Net income CAGR (3Y) %i | -23.49 | 4.19 | -- | -3.78 | 41.50 | -- | 64.47 | -- |
| FCF CAGR (3Y) %i | -11.66 | 46.90 | 30.53 | 73.17 | 10.80 | -23.83 | -20.63 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 9.43 | 10.67 | 7.08 | -13.89 | -15.45 | -14.71 |
| ROA %i | 2.30 | 2.66 | 1.74 | -3.15 | -3.50 | -3.45 |
| ROIC %i | 4.41 | 4.79 | 3.59 | -2.38 | -2.30 | -2.09 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 9.84 | 10.52 | 8.34 | -2.58 | -3.60 | -3.14 |
| FCF / sales %i | 3.12 | 1.38 | 1.25 | -- | -- | 1.92 |
| Current ratioi | 3.06 | 3.51 | 3.74 | 3.34 | 3.18 | 3.42 |
| Quick ratioi | 2.28 | 2.64 | 2.90 | 2.57 | 2.43 | 2.62 |
| Debt / assetsi | 53.61 | 54.47 | 55.57 | 58.21 | 57.79 | 57.53 |
| LT debt / equityi | 217.58 | 216.79 | 228.80 | 285.00 | 279.57 | 265.09 |
| Interest coveragei | 3.02 | 3.32 | 2.56 | -0.77 | -1.06 | -0.93 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Vacation Ownership is the largest reported line at 95.45% of revenue, across 3 reported segments.
- The next-largest line, Exchange & Third-Party Management, is a distant second at 4.09% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Vacation Ownership95.45%
Exchange & Third-Party Management4.09%
Corporate and Other0.45%
Quote time 2026-10-08 07:40:24 · For reference only, not investment advice and not tailored to your situation.