Marriott Vacations Worldwide Corp (VAC)

Marriott Vacations Worldwide Corporation, a vacation company, engages in vacation ownership, exchange, rental, and resort and property management, along with related businesses, products and services in the United States and internationally. The company operates in two segments, Vacation Ownership and Exchange & Third-Party Management. It develops, markets, sells, finances, rents, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Vacation Club, and Ritz-Carlton Club brands; and holds non-exclusive right to develop, market, and sell whole ownership residential products under the Ritz-Carlton Residences brand name, as well as has a license to use the St. Regis brand for specified fractional ownership products. The company also offers exchange network and membership programs, as well as management services to other resorts and lodging properties through its Interval International and Aqua-Aston businesses. In addition, it provides financing for consumer purchases of vacation ownership products; and renting vacation ownership inventory. The company sells its upper upscale tier vacation ownership products under its brands primarily through a network of resort-based sales centers and certain off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.

Symbol
VAC
Exchange
NYSE
Sector
Consumer Cyclical
Industry
Resorts & Casinos
Market cap
$3.41B
52 week range
44.58 - 131.34

Valuation

Share price
$100.85 (close of 2026-09-23)
P/E (TTM)
-10.36x
Price to book
1.66x
Price to free cash flow
34.45x
Enterprise value
$8.65B
Book value per share
$59.81

Price performance

PeriodChange
1 day-2.12%
5 days-0.30%
1 month-10.40%
3 months+3.43%
6 months+43.19%
Year to date+74.81%
1 year+38.53%
3 years+2.31%
5 years-36.36%
10 years+34.43%
All time+460.59%

Profitability and growth

Return on equity
-15.45%
Return on assets
-3.16%
Net margin
-6.59%
EBITDA margin
-3.23%
Revenue growth
1.02%
Net income growth
-241.28%
Free cash flow growth
-119.59%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.90%

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$4.67B
EBITDA
$-151.00M
Net income
$-308.00M
Earnings per share
$-8.84
Shares outstanding
34.90M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$4.67B$-308.00M$-8.84
2024-12-31$4.63B$218.00M$6.16
2023-12-31$4.41B$254.00M$6.96
2022-12-31$4.36B$391.00M$9.69
2021-12-31$3.62B$49.00M$1.15
2020-12-31$2.62B$-275.00M$-6.65
2019-12-31$3.98B$138.00M$3.13
2018-12-31$2.79B$55.00M$1.64
2017-12-31$2.05B$235.00M$8.70
2016-12-30$1.87B$122.00M$4.37

Margins and returns by year

Period endNet marginReturn on equity
2025-12-31-6.59%-15.45%
2024-12-314.71%8.93%
2023-12-315.77%10.66%
2022-12-318.96%15.65%
2021-12-311.35%1.64%
2020-12-31-10.50%-10.25%
2019-12-313.46%4.55%
2018-12-311.97%1.59%
2017-12-3111.47%22.57%
2016-12-306.51%13.63%

Cash and debt by year

Period endCash
2025-12-31$406.00M
2024-12-31$197.00M
2023-12-31$248.00M
2022-12-31$524.00M
2021-12-31$342.00M
2020-12-31$524.00M
2019-12-31$287.00M
2018-12-31$231.00M
2017-12-31$409.00M
2016-12-30$147.10M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-29.00M$38.00M
2024-12-31$148.00M$33.00M
2023-12-31$114.00M$31.00M
2022-12-31$457.00M$39.00M
2021-12-31$296.00M$51.00M
2020-12-31$258.00M$36.00M
2019-12-31$336.00M$33.00M
2018-12-31$57.00M$29.00M
2017-12-31$116.00M$16.00M
2016-12-30$106.00M$14.00M

Dividend history

Most recent payment
2026-09-16
Paid in the last twelve months
$3.20
Payment dateDividend per share
2026-09-16$0.80
2026-05-27$0.80
2026-03-04$0.80
2025-12-24$0.80
2025-09-17$0.79
2025-05-23$0.79
2025-03-05$0.79
2024-12-19$0.79

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$2.39

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$1.98
2026-05-05--
2026-02-25--
2025-11-05--
2025-08-04--
2025-05-07--
2025-02-26--
2024-11-06--

Filings and sources

Company website
marriottvacationsworldwide.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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