MARRIOTT VACATIONS WORLDWIDE Corp VAC

Real estate SIC 6531 - Real Estate Agents & Managers (For Others) NAICS Real Estate and Rental and Leasing › Real Estate derived NYSE

We are a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services. As the first major hospitality-branded vacation ownership company, Marriott Vacations Worldwide helped establish the industry and was the first major pure-play independent, public company in the field. Today we are more than a vacation ownership company; we are about vacation experiences.

We are a global leader in vacation ownership with some of the most iconic brands in the industry. We are the exclusive worldwide developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, and Hyatt Vacation Club brands. We are also the exclusive worldwide developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Club brand, and we have the non-exclusive right to develop, market and sell whole ownership residential products under The Ritz-Carlton Residences brand. We also have a license to use the St. Regis brand for specified fractional ownership products. Interval International is our high-quality vacation ownership exchange service provider that serves as the gateway to vacation experiences around the world, including access to its affiliated resorts. Our Aqua-Aston business provides management services for resorts, hotels, and other third-party vacation property owners.

Last close 109.31 2026-10-23
Market cap $3.76B 2026-06-30 share count
52-week range 44.58 - 131.34

Valuation FY2025 figures against the last close

P/S0.8x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield2.9%
Diluted EPS-8.84

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $4.67B$4.62B$4.41B$4.36B$3.62B$2.62B$3.98B$2.79B$2.05B$1.87B
SG&A $242.0M$237.0M$273.0M$249.0M$227.0M$154.0M$248.0M$198.0M$106.0M$100.0M
Total operating expenses $5.21B$4.48B$4.19B$3.87B$3.44B$2.98B$3.80B$2.70B$1.94B$1.80B
Pre-tax income -$299.0M$306.0M$398.0M$582.0M$127.0M-$340.0M$225.0M$103.0M$240.0M$198.0M
Income tax $8.0M$89.0M$146.0M$191.0M$74.0M$84.0M$83.0M$51.0M$5.0M$76.0M
Net income -$308.0M$218.0M$254.0M$391.0M$49.0M-$275.0M$138.0M$55.0M$235.0M$122.0M
EPS, basic -8.846.166.969.691.15-6.653.131.648.704.37
EPS, diluted -8.845.616.288.771.13-6.653.091.618.494.29
Shares, diluted (wtd. avg.) 34.9M42.1M43.5M45.2M43.3M41.3M44.5M34.0M27.7M28.4M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $406.0M$197.0M$574.0M$854.0M$803.0M$992.0M$701.0M$614.0M$491.0M$213.0M
Property, plant and equipment ——————$751.0M$951.0M$583.0M$203.0M
Goodwill $2.96B$3.12B$3.12B$3.12B$3.15B$2.82B$2.89B$2.83B$0—
Other intangibles $711.0M$790.0M$854.0M$911.0M$993.0M$952.0M$1.03B$1.11B$0—
Total assets $9.76B$9.81B$9.68B$9.64B$9.61B$8.90B$9.21B$9.02B$2.85B$2.32B
Total liabilities $7.76B$7.37B$7.30B$7.14B$6.63B$6.22B$6.18B$5.55B$1.80B$1.43B
Retained earnings $434.0M$852.0M$742.0M$593.0M$275.0M$272.0M$569.0M$523.0M$529.0M$334.0M
Total equity $1.99B$2.44B$2.38B$2.50B$2.99B$2.68B$3.03B$3.46B$1.04B$895.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $28.0M$205.0M$232.0M$522.0M$343.0M$299.0M$382.0M$97.0M$142.0M$141.0M
Depreciation and amortisation ————————$21.0M$21.0M
Stock-based compensation $38.0M$33.0M$31.0M$39.0M$51.0M$36.0M$33.0M$29.0M$16.0M$14.0M
Capital expenditure $57.0M$57.0M$118.0M$65.0M$47.0M$41.0M$46.0M$40.0M$26.0M$35.0M
Investing cash flow -$70.0M-$115.0M-$112.0M$16.0M-$213.0M-$32.0M$37.0M-$1.41B-$38.0M$34.0M
Financing cash flow $241.0M-$132.0M-$401.0M-$486.0M-$317.0M$23.0M-$331.0M$1.43B$171.0M-$206.0M
Dividends paid $110.0M$107.0M$106.0M$99.0M$23.0M$45.0M$81.0M$51.0M$38.0M$34.0M
Buybacks $61.0M$56.0M$286.0M$701.0M$78.0M$82.0M$465.0M$96.0M$88.0M$178.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001524358-26-000010.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B 0 2B 4B 6B Revenue, FY2016: 1.9B Net income, FY2016: 122M Revenue, FY2017: 2B Net income, FY2017: 235M Revenue, FY2018: 2.8B Net income, FY2018: 55M Revenue, FY2019: 4B Net income, FY2019: 138M Revenue, FY2020: 2.6B Net income, FY2020: -275M Revenue, FY2021: 3.6B Net income, FY2021: 49M Revenue, FY2022: 4.4B Net income, FY2022: 391M Revenue, FY2023: 4.4B Net income, FY2023: 254M Revenue, FY2024: 4.6B Net income, FY2024: 218M Revenue, FY2025: 4.7B Net income, FY2025: -308M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.87B $2.05B $2.79B $3.98B $2.62B $3.62B $4.36B $4.41B $4.62B $4.67B
Gross profit — — — — — — — — — —
Net income $122.0M $235.0M $55.0M $138.0M -$275.0M $49.0M $391.0M $254.0M $218.0M -$308.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Officer or director change Item 5.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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