Marriott Vacations Worldwide Corporation (VAC) — Financial statements
Income statement, balance sheet, and cash flow for Marriott Vacations Worldwide Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,032↑1.3% | 4,967↑5.1% | 4,727↑1.5% | 4,656↑19.7% | 3,890 | |
| Cost of Revenue | 4,272↑37.3% | 3,112↑7.0% | 2,909↑8.9% | 2,671↑9.6% | 2,437 | |
| Gross Profit | 760↓59.0% | 1,855↑2.0% | 1,818↓8.4% | 1,985↑36.6% | 1,453 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 242↓0.4% | 243↓11.0% | 273↑9.6% | 249↑9.7% | 227 | |
| Selling & Marketing Expenses | 943↑2.6% | 919↑11.7% | 823↑2.0% | 807↑30.8% | 617 | |
| SG&A Expenses | 1,185↑2.0% | 1,162↑6.0% | 1,096↑3.8% | 1,056↑25.1% | 844 | |
| Other Expenses | -979↓770.5% | 146↑8.1% | 135↑2.3% | 132↓9.6% | 146 | |
| Operating Expenses | 206↓84.3% | 1,308↑6.3% | 1,231↑3.6% | 1,188↑20.0% | 990 | |
| Total Costs & Expenses | 4,478↑1.3% | 4,420↑6.8% | 4,140↑7.3% | 3,859↑12.6% | 3,427 | |
| Operating Results | ||||||
| Operating Income | 554↑1.3% | 547↓6.8% | 587↓26.3% | 797↑72.1% | 463 | |
| Depreciation & Amortization | 149↑2.1% | 146↑8.1% | 135↑2.3% | 132↓9.6% | 146 | |
| EBITDA | 19↓96.9% | 614↓9.4% | 678↓18.5% | 832↑90.4% | 437 | |
| EBIT | -130↓127.8% | 468↓13.8% | 543↓22.4% | 700↑140.5% | 291 | |
| Interest & Other Income | ||||||
| Net Interest Income | -169↓4.3% | -162↓11.7% | -145↓22.9% | -118↑28.0% | -164 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 169↑4.3% | 162↑11.7% | 145↑22.9% | 118↓28.0% | 164 | |
| Non-Operating Income | 684↑765.8% | 79↑79.5% | 44↓54.6% | 97↓43.6% | 172 | |
| Other Income / Expenses | -853↓253.9% | -241↓27.5% | -189↑12.1% | -215↑36.0% | -336 | |
| Income Before Tax | -299↓197.7% | 306↓23.1% | 398↓31.6% | 582↑358.3% | 127 | |
| Income Tax Expense | 8↓91.0% | 89↓39.0% | 146↓23.6% | 191↑158.1% | 74 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -307↓241.5% | 217↓13.9% | 252↓35.5% | 391↑637.7% | 53 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -308↓241.3% | 218↓14.2% | 254↓35.0% | 391↑698.0% | 49 | |
| Bottom-Line Net Income | -308↓241.3% | 218↓14.2% | 254↓35.0% | 391↑698.0% | 49 | |
| EPS (Basic) | -8.83↓243.3% | 6.16↓11.5% | 6.96↓28.1% | 9.68↑741.7% | 1.15 | |
| EPS (Diluted) | -8.83↓257.4% | 5.61↓10.7% | 6.28↓27.4% | 8.65↑665.5% | 1.13 | |
| Weighted Average Shares | 35↓1.4% | 35↓3.0% | 37↓9.7% | 40↓5.2% | 43 | |
| Weighted Average Diluted Shares | 35↓17.1% | 42↓3.2% | 44↓3.8% | 45↑4.4% | 43 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.