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Marriott Vacations Worldwide (VAC) Financials

Marriott Vacations Worldwide logo
$67.14 -0.88 (-1.29%)
Closing price 05/28/2025 03:59 PM Eastern
Extended Trading
$68.17 +1.03 (+1.53%)
As of 08:04 AM Eastern
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Annual Income Statements for Marriott Vacations Worldwide

Annual Income Statements for Marriott Vacations Worldwide

This table shows Marriott Vacations Worldwide's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/30/2016 1/1/2016 1/2/2015
Net Income / (Loss) Attributable to Common Shareholders
218 254 391 49 -275 138 55 235 122 123 81
Consolidated Net Income / (Loss)
217 252 391 53 -256 142 52 235 122 123 81
Net Income / (Loss) Continuing Operations
217 252 391 53 -256 142 52 235 122 123 81
Total Pre-Tax Income
306 398 582 127 -340 225 103 240 198 206 151
Total Operating Income
472 499 659 340 -98 458 267 245 200 218 156
Total Gross Profit
3,804 3,609 3,541 2,775 1,940 3,006 2,168 1,621 1,478 1,167 1,105
Total Revenue
4,967 4,727 4,656 3,890 2,886 4,259 2,968 2,183 2,000 1,811 1,716
Operating Revenue
4,967 4,727 4,656 3,890 2,886 4,259 2,968 2,183 2,000 1,811 1,716
Total Cost of Revenue
1,163 1,118 1,115 1,115 946 1,253 800 562 522 644 612
Operating Cost of Revenue
1,163 1,118 1,115 1,115 946 1,253 800 562 522 644 612
Total Operating Expenses
3,332 3,110 2,882 2,435 2,038 2,548 1,901 1,376 1,278 949 948
Selling, General & Admin Expense
243 273 249 227 154 248 198 106 100 106 101
Marketing Expense
919 823 807 617 386 748 527 388 334 331 315
Depreciation Expense
146 135 132 146 123 141 62 21 21 - -
Other Operating Expenses / (Income)
1,949 1,791 1,556 1,322 1,244 1,305 1,068 856 824 512 511
Impairment Charge
30 32 2.00 3.00 100 99 0.00 0.00 - 0.32 1.38
Restructuring Charge
28 43 125 110 25 - 0.00 - 0.00 - -
Other Special Charges / (Income)
17 13 11 10 6.00 7.00 46 4.00 -1.00 -0.23 19
Total Other Income / (Expense), net
-166 -101 -77 -213 -242 -233 -164 -6.00 -2.00 -12 -5.91
Interest & Investment Income
-162 -145 -118 -164 -150 -132 -54 -10 -9.00 -13 -12
Other Income / (Expense), net
-4.00 44 41 -49 -92 -101 -110 4.00 7.00 1.30 5.79
Income Tax Expense
89 146 191 74 -84 83 51 5.00 76 84 70
Net Income / (Loss) Attributable to Noncontrolling Interest
-1.00 -2.00 0.00 4.00 19 4.00 -3.00 0.00 0.00 - -
Basic Earnings per Share
$6.16 $6.96 $9.69 $1.15 ($6.65) $3.13 $1.64 $8.70 $4.37 $3.90 $2.40
Weighted Average Basic Shares Outstanding
34.91M 35.18M 37.24M 42.10M 41.20M 41.39M 45.21M 27.08M 31.40M 31.50M 33.67M
Diluted Earnings per Share
$5.61 $6.28 $8.77 $1.13 ($6.65) $3.09 $1.61 $8.49 $4.29 $3.82 $2.33
Weighted Average Diluted Shares Outstanding
34.91M 35.18M 37.24M 42.10M 41.20M 41.39M 45.21M 27.08M 31.40M 31.50M 34.64M
Weighted Average Basic & Diluted Shares Outstanding
34.91M 35.18M 37.24M 42.10M 41.20M 41.39M 45.21M 27.08M 31.40M 31.50M 33.60M
Cash Dividends to Common per Share
$3.07 $2.92 $2.58 $1.08 $0.54 $1.89 $1.65 $1.45 $1.25 $1.05 $0.25

Quarterly Income Statements for Marriott Vacations Worldwide

This table shows Marriott Vacations Worldwide's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
56 50 84 37 47 35 42 90 87 88 109
Consolidated Net Income / (Loss)
57 49 84 38 46 33 42 90 87 88 110
Net Income / (Loss) Continuing Operations
57 49 84 38 46 33 42 90 87 88 110
Total Pre-Tax Income
102 59 118 48 81 64 66 140 128 145 169
Total Operating Income
129 103 148 99 122 93 100 165 141 71 240
Total Gross Profit
918 998 1,015 872 919 926 902 890 891 913 949
Total Revenue
1,200 1,327 1,305 1,140 1,195 1,194 1,186 1,178 1,169 1,188 1,252
Operating Revenue
1,200 1,327 1,305 1,140 1,195 1,194 1,186 1,178 1,169 1,188 1,252
Total Cost of Revenue
282 329 290 268 276 268 284 288 278 275 303
Operating Cost of Revenue
282 329 290 268 276 268 284 288 278 275 303
Total Operating Expenses
789 895 867 773 797 833 802 725 750 842 709
Selling, General & Admin Expense
61 64 62 54 63 84 57 64 68 62 62
Marketing Expense
234 242 228 226 223 205 202 206 210 204 207
Depreciation Expense
38 37 36 35 38 36 33 34 32 34 33
Other Operating Expenses / (Income)
437 516 538 442 453 459 503 409 420 412 404
Restructuring Charge
12 6.00 1.00 4.00 17 15 5.00 10 13 - -
Other Special Charges / (Income)
7.00 2.00 2.00 10 3.00 6.00 2.00 2.00 3.00 4.00 2.00
Total Other Income / (Expense), net
-27 -44 -30 -51 -41 -29 -34 -25 -13 74 -71
Interest & Investment Income
-40 -39 -40 -43 -40 -39 -36 -36 -34 -27 -34
Other Income / (Expense), net
13 -5.00 10 -8.00 -1.00 10 2.00 11 21 101 -37
Income Tax Expense
45 10 34 10 35 31 24 50 41 57 59
Net Income / (Loss) Attributable to Noncontrolling Interest
1.00 -1.00 0.00 1.00 -1.00 -2.00 0.00 0.00 0.00 - 1.00
Basic Earnings per Share
$1.60 $1.42 $2.38 $1.04 $1.32 $1.02 $1.16 $2.46 $2.32 $2.27 $2.76
Weighted Average Basic Shares Outstanding
34.54M 34.91M 34.91M 35.06M 35.16M 35.18M 35.52M 36.47M 36.81M 37.24M 38.32M
Diluted Earnings per Share
$1.46 $1.29 $2.12 $0.98 $1.22 $0.96 $1.09 $2.17 $2.06 $2.04 $2.53
Weighted Average Diluted Shares Outstanding
34.54M 34.91M 34.91M 35.06M 35.16M 35.18M 35.52M 36.47M 36.81M 37.24M 38.32M
Weighted Average Basic & Diluted Shares Outstanding
34.54M 34.91M 34.91M 35.06M 35.16M 35.18M 35.52M 36.47M 36.81M 37.24M 38.32M
Cash Dividends to Common per Share
$0.79 $0.79 $0.76 $0.76 $0.76 $0.76 $0.72 $0.72 $0.72 $0.72 $0.62

Annual Cash Flow Statements for Marriott Vacations Worldwide

This table details how cash moves in and out of Marriott Vacations Worldwide's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/30/2016 1/1/2016 1/2/2015
Net Change in Cash & Equivalents
-46 -280 51 -189 291 87 123 278 -36 -208 147
Net Cash From Operating Activities
205 232 522 343 299 382 97 142 141 118 291
Net Cash From Continuing Operating Activities
205 232 522 340 299 382 97 142 141 118 291
Net Income / (Loss) Continuing Operations
217 252 391 53 -256 142 52 235 122 123 81
Consolidated Net Income / (Loss)
217 252 391 53 -256 142 52 235 122 123 81
Depreciation Expense
146 135 132 146 - - - - - 22 19
Amortization Expense
26 23 25 56 145 160 78 31 27 5.59 5.46
Non-Cash Adjustments To Reconcile Net Income
-45 -163 -179 -56 464 -113 -146 -212 -10 -65 102
Changes in Operating Assets and Liabilities, net
-139 -15 153 141 -54 193 113 88 2.00 33 84
Net Cash From Investing Activities
-115 -112 16 -213 -32 37 -1,407 -38 34 -63 43
Net Cash From Continuing Investing Activities
-115 -112 16 -213 -32 37 -1,407 -38 34 -63 43
Purchase of Property, Plant & Equipment
-57 -118 -65 -47 -41 -46 -40 -26 -35 -36 -15
Acquisitions
0.00 0.00 94 -157 0.00 0.00 -1,393 0.00 0.00 - -
Sale of Property, Plant & Equipment
8.00 16 3.00 3.00 15 51 0.00 - 69 21 82
Sale and/or Maturity of Investments
0.00 0.00 47 0.00 - 38 0.00 0.00 - - -
Other Investing Activities, net
-66 -10 -63 -12 -6.00 -6.00 -14 -12 0.00 -48 -24
Net Cash From Financing Activities
-132 -401 -486 -317 23 -331 1,433 171 -206 -259 -186
Net Cash From Continuing Financing Activities
-132 -401 -486 -317 23 -331 1,433 171 -206 -259 -186
Repayment of Debt
-3,414 -2,564 -1,895 -2,229 -1,679 -1,719 -631 -396 -412 -283 -236
Repurchase of Common Equity
-64 -298 -724 -98 -98 -480 -114 -99 -182 -212 -212
Payment of Dividends
-107 -106 -99 -23 -45 -81 -51 -38 -34 -24 -8.18
Issuance of Debt
3,459 2,562 2,297 2,068 1,856 1,961 2,229 717 462 255 263
Issuance of Common Equity
0.00 0.00 43 70 0.00 0.00 - 20 0.00 0.00 -
Other Financing Activities, net
-6.00 5.00 -108 -105 -11 -12 0.00 -33 0.00 5.38 7.50
Other Net Changes in Cash
-4.00 1.00 -1.00 -2.00 - -1.00 - 3.00 -5.00 - -
Cash Interest Paid
247 204 149 184 176 167 55 22 23 - -
Cash Income Taxes Paid
133 141 57 -13 -32 53 41 49 48 - -

Quarterly Cash Flow Statements for Marriott Vacations Worldwide

This table details how cash moves in and out of Marriott Vacations Worldwide's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-41 -19 90 -93 -24 71 23 -94 -280 311 -63
Net Cash From Operating Activities
8.00 100 72 30 3.00 83 122 77 -50 142 162
Net Cash From Continuing Operating Activities
8.00 100 72 30 3.00 83 122 77 -50 142 162
Net Income / (Loss) Continuing Operations
57 49 84 38 46 33 42 90 87 88 110
Consolidated Net Income / (Loss)
57 49 84 38 46 33 42 90 87 88 110
Depreciation Expense
38 37 36 35 38 36 33 34 32 34 33
Amortization Expense
5.00 6.00 5.00 10 5.00 6.00 5.00 5.00 7.00 5.00 10
Non-Cash Adjustments To Reconcile Net Income
71 -26 -185 18 148 -49 -37 -160 83 27 -67
Changes in Operating Assets and Liabilities, net
-163 34 132 -71 -234 57 79 108 -259 -12 76
Net Cash From Investing Activities
-18 -9.00 -18 -19 -69 -27 -32 -16 -37 -33 34
Net Cash From Continuing Investing Activities
-18 -9.00 -18 -19 -69 -27 -32 -16 -37 -33 34
Purchase of Property, Plant & Equipment
-14 -14 -14 -13 -16 -26 -29 -26 -37 -29 -13
Other Investing Activities, net
-4.00 -3.00 -4.00 -6.00 -53 -2.00 -4.00 -4.00 0.00 -2.00 -3.00
Net Cash From Financing Activities
-32 -106 33 -102 43 13 -65 -155 -194 199 -257
Net Cash From Continuing Financing Activities
-32 -106 33 -102 43 13 -65 -155 -194 199 -257
Repayment of Debt
-479 -649 -739 -1,290 -736 -774 -427 -728 -635 -725 -551
Repurchase of Common Equity
-42 -13 -9.00 -13 -29 -40 -86 -83 -89 -173 -217
Payment of Dividends
-55 -26 - -27 -54 -26 - -26 -54 -24 -
Issuance of Debt
546 584 782 1,229 864 856 448 682 576 1,183 512
Other Financing Activities, net
-2.00 -2.00 -1.00 -1.00 -2.00 -3.00 - - 8.00 -105 -1.00
Other Net Changes in Cash
1.00 - - -2.00 -1.00 - - - 1.00 - -
Cash Interest Paid
54 68 56 71 52 63 42 55 44 45 35
Cash Income Taxes Paid
4.00 11 8.00 64 50 3.00 5.00 77 56 6.00 18

Annual Balance Sheets for Marriott Vacations Worldwide

This table presents Marriott Vacations Worldwide's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/30/2016 1/1/2016 1/2/2015
Total Assets
9,808 9,680 9,639 9,613 8,898 9,214 9,018 2,845 2,391 2,400 2,531
Total Current Assets
2,968 2,917 3,052 2,848 2,832 2,934 3,840 1,698 1,185 1,169 1,374
Cash & Equivalents
197 248 524 342 524 287 231 409 147 177 347
Restricted Cash
331 326 330 461 468 414 383 82 66 71 110
Note & Lease Receivable
2,440 2,343 2,198 2,045 1,840 2,233 2,039 1,115 972 921 917
Plant, Property, & Equipment, net
0.00 0.00 0.00 0.00 0.00 0.00 951 583 203 289 147
Total Noncurrent Assets
6,840 6,763 6,587 6,765 6,066 6,280 4,227 564 1,003 942 1,010
Goodwill
3,117 3,117 3,117 3,150 2,817 2,892 2,828 0.00 - - -
Intangible Assets
790 854 911 993 952 1,027 1,107 0.00 - - -
Other Noncurrent Operating Assets
2,933 2,792 2,559 2,622 2,297 2,361 292 564 1,003 942 1,010
Total Liabilities & Shareholders' Equity
9,808 9,680 9,639 9,613 8,898 9,214 9,018 2,845 2,391 2,400 2,531
Total Liabilities
7,367 7,298 7,141 6,627 6,216 6,183 5,552 1,804 1,484 1,423 1,451
Total Current Liabilities
947 910 976 811 715 869 757 377 518 534 472
Accounts Payable
343 362 356 265 209 286 301 145 124 139 114
Accrued Expenses
384 343 369 345 349 397 246 120 147 164 166
Other Current Liabilities
220 205 251 201 157 186 210 112 96 104 93
Total Noncurrent Liabilities
6,420 6,388 6,165 5,816 5,501 5,314 4,795 1,427 965 889 979
Long-Term Debt
5,225 5,145 5,026 4,487 4,268 4,087 3,818 1,095 737 679 703
Noncurrent Deferred Revenue
354 382 344 453 488 433 383 - - - -
Noncurrent Deferred & Payable Income Tax Liabilities
345 280 331 350 274 300 318 90 149 109 79
Noncurrent Employee Benefit Liabilities
195 168 139 142 127 110 93 75 63 51 42
Other Noncurrent Operating Liabilities
301 413 325 384 344 384 183 167 16 50 155
Total Equity & Noncontrolling Interests
2,441 2,382 2,498 2,986 2,682 3,031 3,466 1,041 908 976 1,080
Total Preferred & Common Equity
2,442 2,382 2,496 2,976 2,651 3,019 3,461 1,041 908 976 1,080
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
2,442 2,382 2,496 2,976 2,651 3,019 3,461 1,041 908 976 1,080
Common Stock
3,976 3,956 3,942 4,073 3,761 3,739 3,722 1,189 1,163 1,151 1,138
Retained Earnings
852 742 593 275 272 569 523 529 346 244 154
Treasury Stock
-2,378 -2,332 -2,054 -1,356 -1,334 -1,253 -790 -694 -607 -430 -229
Accumulated Other Comprehensive Income / (Loss)
-8.00 16 15 -16 -48 -36 6.00 17 5.46 11 17
Other Equity Adjustments
0.00 0.00 - - 0.00 0.00 - - - - -
Noncontrolling Interest
-1.00 0.00 2.00 10 31 12 5.00 0.00 - - -

Quarterly Balance Sheets for Marriott Vacations Worldwide

This table presents Marriott Vacations Worldwide's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
9,882 9,740 9,611 9,867 9,453 9,482 9,602 9,237
Total Current Assets
2,933 2,934 2,765 2,886 2,794 2,752 2,794 2,685
Cash & Equivalents
196 197 206 237 265 242 306 294
Restricted Cash
291 350 251 313 238 238 268 249
Note & Lease Receivable
2,446 2,387 2,308 2,336 2,291 2,272 2,220 2,142
Plant, Property, & Equipment, net
1,166 1,165 0.00 1,299 1,250 0.00 0.00 1,136
Total Noncurrent Assets
5,783 5,641 6,846 5,682 5,409 6,730 6,808 5,416
Goodwill
3,117 3,117 3,117 3,117 3,117 3,117 3,117 3,117
Intangible Assets
775 807 822 839 868 884 898 924
Other Noncurrent Operating Assets
1,891 1,717 2,907 1,726 1,424 2,729 2,793 1,375
Total Liabilities & Shareholders' Equity
9,882 9,740 9,611 9,867 9,453 9,482 9,602 9,237
Total Liabilities
7,447 7,321 7,239 7,489 7,043 7,004 7,122 6,609
Total Current Liabilities
885 830 732 814 790 705 762 811
Accounts Payable
251 243 198 221 238 209 222 221
Accrued Expenses
426 384 371 384 359 322 334 342
Other Current Liabilities
208 203 163 209 193 174 206 248
Total Noncurrent Liabilities
6,562 6,491 6,507 6,675 6,253 6,299 6,360 5,798
Long-Term Debt
5,298 5,286 5,235 5,289 5,057 5,029 5,065 4,558
Noncurrent Deferred Revenue
442 350 418 482 371 417 448 346
Noncurrent Deferred & Payable Income Tax Liabilities
335 372 370 328 335 344 339 374
Noncurrent Employee Benefit Liabilities
186 191 179 173 156 154 147 130
Other Noncurrent Operating Liabilities
301 292 305 403 334 355 361 390
Total Equity & Noncontrolling Interests
2,435 2,419 2,372 2,378 2,410 2,478 2,480 2,628
Total Preferred & Common Equity
2,435 2,419 2,372 2,379 2,408 2,476 2,478 2,626
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
2,435 2,419 2,372 2,379 2,408 2,476 2,478 2,626
Common Stock
3,969 3,970 3,960 3,952 3,954 3,948 3,938 3,969
Retained Earnings
881 830 773 763 734 718 654 533
Treasury Stock
-2,406 -2,370 -2,362 -2,351 -2,298 -2,213 -2,132 -1,882
Accumulated Other Comprehensive Income / (Loss)
-9.00 -11 1.00 15 18 23 18 6.00
Other Equity Adjustments
0.00 0.00 0.00 0.00 0.00 - 0.00 0.00
Noncontrolling Interest
0.00 0.00 0.00 -1.00 2.00 2.00 2.00 2.00

Annual Metrics And Ratios for Marriott Vacations Worldwide

This table displays calculated financial ratios and metrics derived from Marriott Vacations Worldwide's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/30/2016 1/1/2016 1/2/2015
Growth Metrics
- - - - - - - - - - -
Revenue Growth
5.08% 1.52% 19.69% 34.79% -32.24% 43.50% 35.96% 9.15% 10.45% 5.52% -1.92%
EBITDA Growth
-8.70% -18.20% 73.83% 1,195.56% -108.70% 120.00% -16.07% 19.66% -5.31% 32.55% 7.76%
EBIT Growth
-13.81% -22.43% 140.55% 253.16% -153.22% 127.39% -36.95% 20.29% -5.61% 35.14% 12.04%
NOPAT Growth
5.94% -28.64% 212.02% 306.84% -123.73% 114.43% -43.81% 94.67% -4.94% 54.48% -4.04%
Net Income Growth
-13.89% -35.55% 637.74% 120.70% -280.28% 173.08% -77.87% 92.62% -0.65% 52.06% 1.29%
EPS Growth
-10.67% -28.39% 676.11% 116.99% -315.21% 91.93% -81.04% 97.90% 12.30% 63.95% 6.88%
Operating Cash Flow Growth
-11.64% -55.56% 52.19% 14.72% -21.73% 293.81% -31.69% 0.71% 19.07% -59.37% 81.28%
Free Cash Flow Firm Growth
354.39% -92.56% 177.66% -246.03% -27.98% 111.08% -18,321.99% -72.57% 98.11% -86.23% 170.75%
Invested Capital Growth
2.66% 4.24% 0.00% 11.95% -7.15% -3.79% 305.47% 14.88% 1.81% 6.05% -17.16%
Revenue Q/Q Growth
2.75% 0.13% 1.93% 9.98% -11.34% 1.53% 19.76% -8.15% 13.00% 1.96% -2.03%
EBITDA Q/Q Growth
-0.62% -8.61% 53.86% 2.49% -145.45% 27.65% 73.44% -2.17% -1.22% 19.88% -0.65%
EBIT Q/Q Growth
-1.06% -11.27% 10.41% 46.23% -201.59% 9.85% 37.13% 3.32% -0.50% 20.93% -0.17%
NOPAT Q/Q Growth
12.10% 3.35% -3.57% 141.90% -351.28% 24.73% -58.82% 59.00% -0.69% 38.93% -8.68%
Net Income Q/Q Growth
7.96% -17.92% 8.01% 243.24% -71.81% 32.71% -59.98% 56.09% 1.10% 36.22% -6.09%
EPS Q/Q Growth
6.25% -14.67% 7.48% 194.17% -63.79% 29.83% -67.47% 56.93% 4.13% 36.92% -4.51%
Operating Cash Flow Q/Q Growth
9.04% -20.27% 24.29% -22.75% -16.94% 81.90% -29.71% 17.24% 29.86% -36.22% 19.32%
Free Cash Flow Firm Q/Q Growth
43.15% 315.61% -41.83% 52.40% -27.48% 98.74% -3.83% 138.67% -7.65% -73.74% 42.93%
Invested Capital Q/Q Growth
-0.28% -0.16% 0.41% -3.96% -2.10% -2.73% 0.48% 2.77% 3.73% 3.25% -8.97%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
76.59% 76.35% 76.05% 71.34% 67.22% 70.58% 73.05% 74.26% 73.90% 64.43% 64.37%
EBITDA Margin
12.89% 14.83% 18.41% 12.67% -1.56% 12.14% 7.92% 12.83% 11.70% 13.65% 10.86%
Operating Margin
9.50% 10.56% 14.15% 8.74% -3.40% 10.75% 9.00% 11.22% 10.00% 12.04% 9.12%
EBIT Margin
9.42% 11.49% 15.03% 7.48% -6.58% 8.38% 5.29% 11.41% 10.35% 12.11% 9.46%
Profit (Net Income) Margin
4.37% 5.33% 8.40% 1.36% -8.87% 3.33% 1.75% 10.77% 6.10% 6.78% 4.71%
Tax Burden Percent
70.92% 63.32% 67.18% 41.73% 75.29% 63.11% 50.49% 97.92% 61.62% 59.47% 53.63%
Interest Burden Percent
65.38% 73.30% 83.14% 43.64% 178.95% 63.03% 65.61% 96.39% 95.65% 94.16% 92.80%
Effective Tax Rate
29.09% 36.68% 32.82% 58.27% 0.00% 36.89% 49.51% 2.08% 38.38% 40.53% 46.37%
Return on Invested Capital (ROIC)
4.75% 4.64% 6.64% 2.25% -1.11% 4.42% 3.24% 15.59% 8.68% 9.49% 5.73%
ROIC Less NNEP Spread (ROIC-NNEP)
2.21% 3.18% 5.32% -0.31% -6.73% -0.05% -1.11% 14.73% 8.42% 7.47% 4.74%
Return on Net Nonoperating Assets (RNNOA)
4.25% 5.69% 7.62% -0.38% -7.85% -0.05% -0.93% 8.52% 4.27% 2.46% 1.32%
Return on Equity (ROE)
9.00% 10.33% 14.26% 1.87% -8.96% 4.37% 2.31% 24.12% 12.95% 11.95% 7.06%
Cash Return on Invested Capital (CROIC)
2.13% 0.48% 6.64% -9.03% 6.31% 8.28% -117.62% 1.74% 6.89% 3.61% 24.50%
Operating Return on Assets (OROA)
4.80% 5.62% 7.27% 3.14% -2.10% 3.92% 2.65% 9.51% 8.64% 8.90% 6.29%
Return on Assets (ROA)
2.23% 2.61% 4.06% 0.57% -2.83% 1.56% 0.88% 8.98% 5.09% 4.98% 3.13%
Return on Common Equity (ROCE)
9.00% 10.32% 14.23% 1.86% -8.89% 4.36% 2.31% 24.12% 12.95% 11.95% 7.06%
Return on Equity Simple (ROE_SIMPLE)
8.89% 10.58% 15.67% 1.78% -9.66% 4.70% 1.50% 22.57% 13.44% 12.58% 7.48%
Net Operating Profit after Tax (NOPAT)
335 316 443 142 -69 289 135 240 123 130 84
NOPAT Margin
6.74% 6.68% 9.51% 3.65% -2.38% 6.79% 4.54% 10.99% 6.16% 7.16% 4.89%
Net Nonoperating Expense Percent (NNEP)
2.54% 1.46% 1.32% 2.55% 5.63% 4.46% 4.35% 0.87% 0.26% 2.02% 0.99%
Return On Investment Capital (ROIC_SIMPLE)
4.37% 4.20% 5.88% - - - - - - - -
Cost of Revenue to Revenue
23.41% 23.65% 23.95% 28.66% 32.78% 29.42% 26.95% 25.74% 26.10% 35.57% 35.64%
SG&A Expenses to Revenue
4.89% 5.78% 5.35% 5.84% 5.34% 5.82% 6.67% 4.86% 5.00% 5.86% 5.88%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
67.08% 65.79% 61.90% 62.60% 70.62% 59.83% 64.05% 63.03% 63.90% 52.39% 55.25%
Earnings before Interest and Taxes (EBIT)
468 543 700 291 -190 357 157 249 207 219 162
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
640 701 857 493 -45 517 235 280 234 247 186
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.28 1.22 1.94 2.28 1.99 1.67 0.88 3.09 2.24 1.58 1.93
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.09 2.24 1.58 1.93
Price to Revenue (P/Rev)
0.63 0.62 1.04 1.74 1.82 1.18 1.02 1.47 1.02 0.85 1.21
Price to Earnings (P/E)
14.38 11.45 12.40 138.22 0.00 36.46 55.07 13.70 16.65 12.54 25.75
Dividend Yield
3.42% 3.56% 2.04% 0.68% 1.54% 1.58% 2.56% 1.19% 1.66% 2.12% 0.39%
Earnings Yield
6.95% 8.73% 8.07% 0.72% 0.00% 2.74% 1.82% 7.30% 6.01% 7.97% 3.88%
Enterprise Value to Invested Capital (EV/IC)
1.10 1.08 1.35 1.57 1.44 1.31 0.94 2.32 1.78 1.40 1.75
Enterprise Value to Revenue (EV/Rev)
1.58 1.58 1.94 2.69 2.97 1.98 2.10 1.75 1.28 1.09 1.36
Enterprise Value to EBITDA (EV/EBITDA)
12.24 10.67 10.53 21.23 0.00 16.31 26.54 13.66 10.92 7.97 12.48
Enterprise Value to EBIT (EV/EBIT)
16.73 13.78 12.89 35.97 0.00 23.61 39.73 15.36 12.35 8.98 14.33
Enterprise Value to NOPAT (EV/NOPAT)
23.40 23.68 20.38 73.77 0.00 29.16 46.28 15.94 20.74 15.20 27.72
Enterprise Value to Operating Cash Flow (EV/OCF)
38.20 32.24 17.28 30.52 28.67 22.07 64.31 26.93 18.13 16.64 7.98
Enterprise Value to Free Cash Flow (EV/FCFF)
52.30 227.03 20.38 0.00 21.96 15.55 0.00 142.47 26.12 39.90 6.49
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
2.14 2.16 2.01 1.50 1.59 1.35 1.10 1.05 0.81 0.70 0.65
Long-Term Debt to Equity
2.14 2.16 2.01 1.50 1.59 1.35 1.10 1.05 0.81 0.70 0.65
Financial Leverage
1.92 1.79 1.43 1.23 1.17 1.01 0.84 0.58 0.51 0.33 0.28
Leverage Ratio
4.04 3.96 3.51 3.27 3.17 2.81 2.63 2.69 2.54 2.40 2.26
Compound Leverage Factor
2.64 2.90 2.92 1.43 5.67 1.77 1.73 2.59 2.43 2.26 2.09
Debt to Total Capital
68.16% 68.35% 66.80% 60.04% 61.41% 57.42% 52.42% 51.26% 44.81% 41.01% 39.43%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
68.16% 68.35% 66.80% 60.04% 61.41% 57.42% 52.42% 51.26% 44.81% 41.01% 39.43%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
-0.01% 0.00% 0.03% 0.13% 0.45% 0.17% 0.07% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
31.85% 31.65% 33.17% 39.82% 38.14% 42.41% 47.52% 48.74% 55.19% 58.99% 60.57%
Debt to EBITDA
8.16 7.34 5.86 9.10 -94.84 7.91 16.25 3.91 3.15 2.75 3.77
Net Debt to EBITDA
7.34 6.52 4.87 7.47 -72.80 6.55 13.63 2.16 2.24 1.74 1.32
Long-Term Debt to EBITDA
8.16 7.34 5.86 9.10 -94.84 7.91 16.25 3.91 3.15 2.75 3.77
Debt to NOPAT
15.61 16.28 11.35 31.62 -62.22 14.14 28.32 4.56 5.98 5.24 8.38
Net Debt to NOPAT
14.03 14.47 9.42 25.96 -47.76 11.71 23.77 2.52 4.25 3.32 2.94
Long-Term Debt to NOPAT
15.61 16.28 11.35 31.62 -62.22 14.14 28.32 4.56 5.98 5.24 8.38
Altman Z-Score
1.29 1.27 1.47 1.41 1.09 1.43 1.21 2.94 2.48 2.17 2.26
Noncontrolling Interest Sharing Ratio
-0.02% 0.04% 0.22% 0.72% 0.75% 0.26% 0.11% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
3.13 3.21 3.13 3.51 3.96 3.38 5.07 4.50 2.29 2.19 2.91
Quick Ratio
2.78 2.85 2.79 2.94 3.31 2.90 3.43 4.29 2.16 2.05 2.68
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
150 33 443 -570 390 542 -4,890 27 98 49 359
Operating Cash Flow to CapEx
418.37% 227.45% 841.94% 779.55% 1,150.00% 0.00% 242.50% 546.15% 0.00% 784.67% 0.00%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.51 0.49 0.48 0.42 0.32 0.47 0.50 0.83 0.83 0.73 0.66
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 14.27 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 3.87 5.56 8.14 8.30 8.55
Accounts Payable Turnover
3.30 3.11 3.59 4.70 3.82 4.27 3.59 4.17 3.96 5.09 5.03
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 25.58 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
110.63 117.20 101.64 77.58 95.49 85.50 101.74 87.50 92.14 71.74 72.55
Cash Conversion Cycle (CCC)
-110.63 -117.20 -101.64 -77.58 -95.49 -85.50 -76.16 -87.50 -92.14 -71.74 -72.55
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
7,138 6,953 6,670 6,670 5,958 6,417 6,670 1,645 1,432 1,407 1,326
Invested Capital Turnover
0.71 0.69 0.70 0.62 0.47 0.65 0.71 1.42 1.41 1.33 1.17
Increase / (Decrease) in Invested Capital
185 283 0.00 712 -459 -253 5,025 213 25 80 -275
Enterprise Value (EV)
7,831 7,481 9,022 10,467 8,572 8,430 6,238 3,823 2,556 1,970 2,326
Market Capitalization
3,135 2,910 4,848 6,773 5,265 5,032 3,029 3,219 2,032 1,540 2,080
Book Value per Share
$69.95 $67.07 $65.14 $69.87 $64.56 $71.81 $73.58 $39.29 $33.63 $31.43 $33.11
Tangible Book Value per Share
($41.96) ($44.74) ($39.98) ($27.40) ($27.23) ($21.41) ($10.08) $39.29 $33.63 $31.43 $33.11
Total Capital
7,666 7,527 7,524 7,473 6,950 7,118 7,284 2,136 1,645 1,655 1,783
Total Debt
5,225 5,145 5,026 4,487 4,268 4,087 3,818 1,095 737 679 703
Total Long-Term Debt
5,225 5,145 5,026 4,487 4,268 4,087 3,818 1,095 737 679 703
Net Debt
4,697 4,571 4,172 3,684 3,276 3,386 3,204 604 524 430 247
Capital Expenditures (CapEx)
49 102 62 44 26 -5.00 40 26 -34 15 -67
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1,493 1,433 1,222 1,234 1,125 1,364 2,469 830 454 386 445
Debt-free Net Working Capital (DFNWC)
2,021 2,007 2,076 2,037 2,117 2,065 3,083 1,321 667 635 902
Net Working Capital (NWC)
2,021 2,007 2,076 2,037 2,117 2,065 3,083 1,321 667 635 902
Net Nonoperating Expense (NNE)
118 64 52 89 187 147 83 4.90 1.23 6.84 3.17
Net Nonoperating Obligations (NNO)
4,697 4,571 4,172 3,684 3,276 3,386 3,204 604 524 430 247
Total Depreciation and Amortization (D&A)
172 158 157 202 145 160 78 31 27 28 24
Debt-free, Cash-free Net Working Capital to Revenue
30.06% 30.32% 26.25% 31.72% 38.98% 32.03% 83.19% 38.02% 22.69% 21.33% 25.94%
Debt-free Net Working Capital to Revenue
40.69% 42.46% 44.59% 52.37% 73.35% 48.49% 103.87% 60.51% 33.35% 35.05% 52.54%
Net Working Capital to Revenue
40.69% 42.46% 44.59% 52.37% 73.35% 48.49% 103.87% 60.51% 33.35% 35.05% 52.54%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$6.16 $6.96 $9.69 $1.15 ($6.65) $3.13 $1.64 $8.38 $4.93 $3.90 $2.40
Adjusted Weighted Average Basic Shares Outstanding
34.91M 35.18M 37.24M 42.10M 41.20M 41.39M 45.21M 26.54M 27.88M 31.49M 33.70M
Adjusted Diluted Earnings per Share
$5.61 $6.28 $8.77 $1.13 ($6.65) $3.09 $1.61 $8.18 $4.83 $3.82 $2.33
Adjusted Weighted Average Diluted Shares Outstanding
34.91M 35.18M 37.24M 42.10M 41.20M 41.39M 45.21M 26.54M 28.42M 32.17M 34.60M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $1.15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
34.91M 35.18M 37.24M 42.10M 41.20M 41.39M 45.21M 26.54M 27.10M 28.85M 32.14M
Normalized Net Operating Profit after Tax (NOPAT)
388 372 535 324 23 356 158 244 123 130 95
Normalized NOPAT Margin
7.81% 7.86% 11.50% 8.33% 0.80% 8.36% 5.32% 11.17% 6.13% 7.16% 5.54%
Pre Tax Income Margin
6.16% 8.42% 12.50% 3.26% -11.78% 5.28% 3.47% 10.99% 9.90% 11.40% 8.78%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
49.31% 42.06% 25.32% 43.40% -17.58% 57.04% 98.08% 16.17% 27.87% 19.38% 10.13%
Augmented Payout Ratio
78.80% 160.32% 210.49% 228.30% -55.86% 395.07% 317.31% 58.30% 177.05% 192.24% 272.24%

Quarterly Metrics And Ratios for Marriott Vacations Worldwide

This table displays calculated financial ratios and metrics derived from Marriott Vacations Worldwide's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
0.42% 11.14% 10.03% -3.23% 2.22% 0.51% -5.27% 1.20% 11.12% 8.00% 19.01%
EBITDA Growth
12.80% -2.76% 42.14% -36.74% -18.41% -31.28% -43.09% -12.24% 29.68% 2,244.44% 60.78%
EBIT Growth
17.36% -4.85% 54.90% -48.30% -25.31% -40.12% -49.75% -15.38% 38.46% 62.26% 105.05%
NOPAT Growth
4.05% 78.39% 65.56% -26.11% -27.71% 11.29% -59.26% -32.44% 5.47% -7.05% 427.99%
Net Income Growth
23.91% 48.48% 100.00% -57.78% -47.13% -62.50% -61.82% -33.33% 50.00% 49.15% 900.00%
EPS Growth
19.67% 34.38% 94.50% -54.84% -40.78% -52.94% -56.92% -26.94% 67.48% 42.66% 1,000.00%
Operating Cash Flow Growth
166.67% 20.48% -40.98% -61.04% 106.00% -41.55% -24.69% -13.48% -138.76% 255.00% 4.52%
Free Cash Flow Firm Growth
25.82% 57.69% 65.56% 76.13% 55.18% -645.48% -156.17% -143.88% -175.48% 106.47% 155.25%
Invested Capital Growth
1.81% 2.66% 2.79% 1.75% 2.09% 4.24% 4.83% 4.35% 3.98% 0.00% -4.35%
Revenue Q/Q Growth
-9.57% 1.69% 14.47% -4.60% 0.08% 0.67% 0.68% 0.77% -1.60% -5.11% 7.56%
EBITDA Q/Q Growth
31.21% -29.15% 46.32% -17.07% 13.10% 3.57% -34.88% 6.97% -4.74% -14.23% 0.41%
EBIT Q/Q Growth
44.90% -37.97% 73.63% -24.79% 17.48% 0.98% -42.05% 8.64% -5.81% -15.27% -2.40%
NOPAT Q/Q Growth
-15.73% -18.81% 34.43% 13.12% 44.48% -24.65% -40.01% 10.68% 122.41% -72.42% -0.50%
Net Income Q/Q Growth
16.33% -41.67% 121.05% -17.39% 39.39% -21.43% -53.33% 3.45% -1.14% -20.00% -18.52%
EPS Q/Q Growth
13.18% -39.15% 116.33% -19.67% 27.08% -11.93% -49.77% 5.34% 0.98% -19.37% -14.81%
Operating Cash Flow Q/Q Growth
-92.00% 38.89% 140.00% 900.00% -96.39% -31.97% 58.44% 254.00% -135.21% -12.35% 82.02%
Free Cash Flow Firm Q/Q Growth
42.78% -12.20% -98.64% 41.83% 67.36% 8.67% -37.68% -9.21% -497.23% -90.60% 7.56%
Invested Capital Q/Q Growth
1.51% -0.28% 0.11% 0.46% 2.36% -0.16% -0.90% 0.80% 4.51% 0.41% -1.35%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
76.50% 75.21% 77.78% 76.49% 76.90% 77.55% 76.05% 75.55% 76.22% 76.85% 75.80%
EBITDA Margin
15.42% 10.63% 15.25% 11.93% 13.72% 12.14% 11.80% 18.25% 17.19% 17.76% 19.65%
Operating Margin
10.75% 7.76% 11.34% 8.68% 10.21% 7.79% 8.43% 14.01% 12.06% 5.98% 19.17%
EBIT Margin
11.83% 7.39% 12.11% 7.98% 10.13% 8.63% 8.60% 14.94% 13.86% 14.48% 16.21%
Profit (Net Income) Margin
4.75% 3.69% 6.44% 3.33% 3.85% 2.76% 3.54% 7.64% 7.44% 7.41% 8.79%
Tax Burden Percent
55.88% 83.05% 71.19% 79.17% 56.79% 51.56% 63.64% 64.29% 67.97% 60.69% 65.09%
Interest Burden Percent
71.83% 60.20% 74.68% 52.75% 66.94% 62.14% 64.71% 79.55% 79.01% 84.30% 83.25%
Effective Tax Rate
44.12% 16.95% 28.81% 20.83% 43.21% 48.44% 36.36% 35.71% 32.03% 39.31% 34.91%
Return on Invested Capital (ROIC)
4.16% 4.54% 5.53% 4.57% 3.91% 2.79% 3.72% 6.26% 5.72% 2.53% 8.39%
ROIC Less NNEP Spread (ROIC-NNEP)
3.84% 3.76% 5.07% 3.71% 3.41% 2.45% 3.22% 5.89% 5.51% 3.68% 7.23%
Return on Net Nonoperating Assets (RNNOA)
7.63% 7.22% 9.75% 7.13% 6.47% 4.38% 5.47% 9.62% 8.70% 5.26% 10.21%
Return on Equity (ROE)
11.78% 11.76% 15.28% 11.70% 10.39% 7.17% 9.20% 15.89% 14.42% 7.80% 18.60%
Cash Return on Invested Capital (CROIC)
2.85% 2.13% 1.48% 1.85% 2.02% 0.48% -0.22% 1.52% 2.62% 6.64% 11.20%
Operating Return on Assets (OROA)
5.96% 3.76% 6.10% 3.94% 4.94% 4.22% 4.34% 7.60% 6.92% 7.00% 7.89%
Return on Assets (ROA)
2.39% 1.88% 3.24% 1.65% 1.88% 1.35% 1.79% 3.89% 3.72% 3.58% 4.27%
Return on Common Equity (ROCE)
11.79% 11.76% 15.27% 11.70% 10.38% 7.16% 9.19% 15.88% 14.39% 7.78% 18.49%
Return on Equity Simple (ROE_SIMPLE)
9.36% 0.00% 8.31% 6.70% 8.87% 0.00% 12.75% 15.15% 16.95% 0.00% 13.79%
Net Operating Profit after Tax (NOPAT)
72 86 105 78 69 48 64 106 96 43 156
NOPAT Margin
6.01% 6.45% 8.07% 6.88% 5.80% 4.02% 5.37% 9.00% 8.20% 3.63% 12.48%
Net Nonoperating Expense Percent (NNEP)
0.32% 0.79% 0.46% 0.87% 0.50% 0.34% 0.51% 0.38% 0.21% -1.14% 1.16%
Return On Investment Capital (ROIC_SIMPLE)
0.93% 1.12% - - - 0.64% - - - 0.57% -
Cost of Revenue to Revenue
23.50% 24.79% 22.22% 23.51% 23.10% 22.45% 23.95% 24.45% 23.78% 23.15% 24.20%
SG&A Expenses to Revenue
5.08% 4.82% 4.75% 4.74% 5.27% 7.04% 4.81% 5.43% 5.82% 5.22% 4.95%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
65.75% 67.45% 66.44% 67.81% 66.69% 69.77% 67.62% 61.55% 64.16% 70.88% 56.63%
Earnings before Interest and Taxes (EBIT)
142 98 158 91 121 103 102 176 162 172 203
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
185 141 199 136 164 145 140 215 201 211 246
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.92 1.28 1.06 1.29 1.60 1.22 1.47 1.77 1.95 1.94 1.74
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.45 0.63 0.53 0.65 0.80 0.62 0.75 0.91 1.01 1.04 1.00
Price to Earnings (P/E)
9.88 14.38 12.69 19.07 17.74 11.45 11.54 11.70 11.51 12.40 12.54
Dividend Yield
4.83% 3.42% 4.14% 3.44% 2.77% 3.56% 2.97% 2.34% 2.06% 2.04% 2.07%
Earnings Yield
10.12% 6.95% 7.88% 5.24% 5.64% 8.73% 8.67% 8.55% 8.69% 8.07% 7.98%
Enterprise Value to Invested Capital (EV/IC)
0.97 1.10 1.02 1.10 1.20 1.08 1.16 1.27 1.34 1.35 1.29
Enterprise Value to Revenue (EV/Rev)
1.42 1.58 1.51 1.66 1.80 1.58 1.72 1.86 1.95 1.94 1.88
Enterprise Value to EBITDA (EV/EBITDA)
10.67 12.24 11.36 13.42 12.85 10.67 10.56 10.22 10.33 10.53 15.41
Enterprise Value to EBIT (EV/EBIT)
14.42 16.73 15.47 18.82 17.00 13.78 13.23 12.52 12.52 12.89 13.53
Enterprise Value to NOPAT (EV/NOPAT)
21.12 23.40 24.50 30.88 29.57 23.68 26.49 22.45 20.90 20.38 18.69
Enterprise Value to Operating Cash Flow (EV/OCF)
33.59 38.20 38.91 32.98 29.94 32.24 27.83 26.97 27.20 17.28 20.43
Enterprise Value to Free Cash Flow (EV/FCFF)
34.41 52.30 69.94 59.84 59.87 227.03 0.00 85.37 51.99 20.38 11.27
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
2.18 2.14 2.19 2.21 2.22 2.16 2.10 2.03 2.04 2.01 1.73
Long-Term Debt to Equity
2.18 2.14 2.19 2.21 2.22 2.16 2.10 2.03 2.04 2.01 1.73
Financial Leverage
1.98 1.92 1.92 1.92 1.90 1.79 1.70 1.63 1.58 1.43 1.41
Leverage Ratio
4.10 4.04 3.97 3.94 4.01 3.96 3.71 3.60 3.60 3.51 3.33
Compound Leverage Factor
2.95 2.43 2.97 2.08 2.68 2.46 2.40 2.87 2.85 2.96 2.78
Debt to Total Capital
68.51% 68.16% 68.60% 68.82% 68.98% 68.35% 67.72% 66.99% 67.13% 66.80% 63.43%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
68.51% 68.16% 68.60% 68.82% 68.98% 68.35% 67.72% 66.99% 67.13% 66.80% 63.43%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% -0.01% 0.00% 0.00% -0.01% 0.00% 0.03% 0.03% 0.03% 0.03% 0.03%
Common Equity to Total Capital
31.49% 31.85% 31.40% 31.18% 31.03% 31.65% 32.25% 32.98% 32.84% 33.17% 36.54%
Debt to EBITDA
8.02 8.16 8.21 8.95 7.97 7.34 6.59 5.76 5.61 5.86 8.18
Net Debt to EBITDA
7.28 7.34 7.36 8.17 7.14 6.52 5.94 5.21 4.97 4.87 7.21
Long-Term Debt to EBITDA
8.02 8.16 8.21 8.95 7.97 7.34 6.59 5.76 5.61 5.86 8.18
Debt to NOPAT
15.86 15.61 17.70 20.60 18.33 16.28 16.54 12.65 11.35 11.35 9.93
Net Debt to NOPAT
14.41 14.03 15.87 18.80 16.42 14.47 14.90 11.44 10.06 9.42 8.75
Long-Term Debt to NOPAT
15.86 15.61 17.70 20.60 18.33 16.28 16.54 12.65 11.35 11.35 9.93
Altman Z-Score
1.10 1.16 1.14 1.14 1.19 1.12 1.20 1.31 1.31 1.29 1.31
Noncontrolling Interest Sharing Ratio
-0.02% -0.02% 0.04% 0.04% 0.02% 0.04% 0.08% 0.06% 0.23% 0.22% 0.59%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
3.31 3.13 3.53 3.78 3.55 3.21 3.54 3.90 3.67 3.13 3.31
Quick Ratio
2.99 2.78 3.11 3.43 3.16 2.85 3.24 3.57 3.32 2.79 3.00
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-57 -99 -89 -45 -77 -235 -257 -187 -171 43 458
Operating Cash Flow to CapEx
57.14% 1,666.67% 514.29% 230.77% 18.75% 332.00% 435.71% 296.15% -135.14% 458.06% 1,472.73%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.50 0.51 0.50 0.49 0.49 0.49 0.51 0.51 0.50 0.48 0.49
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
4.03 0.00 4.00 0.00 0.00 0.00 3.96 0.00 0.00 0.00 0.00
Accounts Payable Turnover
4.95 3.30 4.58 5.39 5.04 3.11 4.90 5.37 5.18 3.59 5.59
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
73.69 110.63 79.66 67.77 72.44 117.20 74.46 67.96 70.40 101.64 65.28
Cash Conversion Cycle (CCC)
-73.69 -110.63 -79.66 -67.77 -72.44 -117.20 -74.46 -67.96 -70.40 -101.64 -65.28
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
7,246 7,138 7,158 7,150 7,117 6,953 6,964 7,027 6,971 6,670 6,643
Invested Capital Turnover
0.69 0.71 0.68 0.67 0.67 0.69 0.69 0.70 0.70 0.70 0.67
Increase / (Decrease) in Invested Capital
129 185 194 123 146 283 321 293 267 0.00 -302
Enterprise Value (EV)
7,054 7,831 7,315 7,849 8,534 7,481 8,098 8,926 9,329 9,022 8,581
Market Capitalization
2,243 3,135 2,576 3,071 3,796 2,910 3,542 4,375 4,836 4,848 4,564
Book Value per Share
$69.75 $69.95 $69.00 $67.46 $67.65 $67.07 $66.03 $67.27 $66.55 $65.14 $66.84
Tangible Book Value per Share
($41.74) ($41.96) ($42.93) ($44.56) ($44.85) ($44.74) ($43.24) ($41.43) ($41.28) ($39.98) ($36.02)
Total Capital
7,733 7,666 7,705 7,607 7,667 7,527 7,467 7,507 7,545 7,524 7,186
Total Debt
5,298 5,225 5,286 5,235 5,289 5,145 5,057 5,029 5,065 5,026 4,558
Total Long-Term Debt
5,298 5,225 5,286 5,235 5,289 5,145 5,057 5,029 5,065 5,026 4,558
Net Debt
4,811 4,697 4,739 4,778 4,739 4,571 4,554 4,549 4,491 4,172 4,015
Capital Expenditures (CapEx)
14 6.00 14 13 16 25 28 26 37 31 11
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1,561 1,493 1,557 1,576 1,522 1,433 1,501 1,567 1,458 1,222 1,331
Debt-free Net Working Capital (DFNWC)
2,048 2,021 2,104 2,033 2,072 2,007 2,004 2,047 2,032 2,076 1,874
Net Working Capital (NWC)
2,048 2,021 2,104 2,033 2,072 2,007 2,004 2,047 2,032 2,076 1,874
Net Nonoperating Expense (NNE)
15 37 21 40 23 15 22 16 8.84 -45 46
Net Nonoperating Obligations (NNO)
4,811 4,697 4,739 4,778 4,739 4,571 4,554 4,549 4,491 4,172 4,015
Total Depreciation and Amortization (D&A)
43 43 41 45 43 42 38 39 39 39 43
Debt-free, Cash-free Net Working Capital to Revenue
31.40% 30.06% 32.21% 33.43% 32.02% 30.32% 31.79% 32.73% 30.55% 26.25% 29.14%
Debt-free Net Working Capital to Revenue
41.19% 40.69% 43.53% 43.12% 43.59% 42.46% 42.45% 42.76% 42.57% 44.59% 41.02%
Net Working Capital to Revenue
41.19% 40.69% 43.53% 43.12% 43.59% 42.46% 42.45% 42.76% 42.57% 44.59% 41.02%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.60 $1.42 $2.38 $1.04 $1.32 $1.02 $1.16 $2.46 $2.32 $2.27 $2.76
Adjusted Weighted Average Basic Shares Outstanding
34.54M 34.91M 34.91M 35.06M 35.16M 35.18M 35.52M 36.47M 36.81M 37.24M 38.32M
Adjusted Diluted Earnings per Share
$1.46 $1.29 $2.12 $0.98 $1.22 $0.96 $1.09 $2.17 $2.06 $2.04 $2.53
Adjusted Weighted Average Diluted Shares Outstanding
34.54M 34.91M 34.91M 35.06M 35.16M 35.18M 35.52M 36.47M 36.81M 37.24M 38.32M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
34.54M 34.91M 34.91M 35.06M 35.16M 35.18M 35.52M 36.47M 36.81M 37.24M 38.32M
Normalized Net Operating Profit after Tax (NOPAT)
83 115 107 91 81 73 68 114 109 46 158
Normalized NOPAT Margin
6.89% 8.70% 8.24% 7.99% 6.75% 6.13% 5.74% 9.66% 9.36% 3.88% 12.63%
Pre Tax Income Margin
8.50% 4.45% 9.04% 4.21% 6.78% 5.36% 5.56% 11.88% 10.95% 12.21% 13.50%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
47.37% 49.31% 53.23% 67.30% 50.24% 42.06% 33.88% 27.73% 24.76% 25.32% 27.07%
Augmented Payout Ratio
81.14% 78.80% 98.51% 172.96% 163.03% 160.32% 174.27% 177.60% 184.76% 210.49% 200.55%

Frequently Asked Questions About Marriott Vacations Worldwide's Financials

When does Marriott Vacations Worldwide's fiscal year end?

According to the most recent income statement we have on file, Marriott Vacations Worldwide's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Marriott Vacations Worldwide's net income changed over the last 10 years?

Marriott Vacations Worldwide's net income appears to be on an upward trend, with a most recent value of $217 million in 2024, rising from $80.76 million in 2014. The previous period was $252 million in 2023. Find out what analysts predict for Marriott Vacations Worldwide in the coming months.

What is Marriott Vacations Worldwide's operating income?
Marriott Vacations Worldwide's total operating income in 2024 was $472 million, based on the following breakdown:
  • Total Gross Profit: $3.80 billion
  • Total Operating Expenses: $3.33 billion
How has Marriott Vacations Worldwide revenue changed over the last 10 years?

Over the last 10 years, Marriott Vacations Worldwide's total revenue changed from $1.72 billion in 2014 to $4.97 billion in 2024, a change of 189.4%.

How much debt does Marriott Vacations Worldwide have?

Marriott Vacations Worldwide's total liabilities were at $7.37 billion at the end of 2024, a 0.9% increase from 2023, and a 407.8% increase since 2014.

How much cash does Marriott Vacations Worldwide have?

In the past 10 years, Marriott Vacations Worldwide's cash and equivalents has ranged from $147.10 million in 2016 to $524 million in 2020, and is currently $197 million as of their latest financial filing in 2024.

How has Marriott Vacations Worldwide's book value per share changed over the last 10 years?

Over the last 10 years, Marriott Vacations Worldwide's book value per share changed from 33.11 in 2014 to 69.95 in 2024, a change of 111.3%.



This page (NYSE:VAC) was last updated on 5/29/2025 by MarketBeat.com Staff
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