Marriott Vacations Worldwide Corporation

VAC Consumer Cyclical Resorts & Casinos

Marriott Vacations Worldwide Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.0 billion, up 1.31% from fiscal 2024.

Revenue
+8.23%
EPS
+3,466.1%
Free cash flow
+127.5%
Total debt
−4.27%

Quarter to September 2026, against a year earlier

107.20 7.21 −6.30%
Market cap
$3.7B
P/E
0.0×
Fwd P/E
15.3×
Dividend yield
2.99%
F-score
6/9
Altman Z
1.06
Beneish M
−2.60
Dividend safety
12/100

Marriott Vacations Worldwide Corporation (VAC) Gross margin

Alert me on Gross margin

Marriott Vacations Worldwide Corporation's gross margin over the twelve months to 30 September 2026 was 90.9%, up 0.4 percentage points from fiscal 2025 (90.5%). Over the past ten years it has ranged from 83.5% (fiscal 2020) to 93.3% (fiscal 2017); the current reading is higher than 73% of that period. That is above the Resorts & Casinos industry median of 47.5% and above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 90.5% 0.24
FY2024 90.3% (0.35)
FY2023 90.7% 1.80
FY2022 88.9% 2.24
FY2021 86.6% 3.07
FY2020 83.5% (1.48)
FY2019 85.0% (6.25)
FY2018 91.3% (2.00)
FY2017 93.3% 2.87
FY2016 90.4% 1.52

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 91.5% 0.68
Jun 2026 90.8% 0.38
Mar 2026 90.5% (0.48)
Dec 2025 90.9% 0.27
43 more quarters

Against its own ten years

Low 83.5% High 93.3%
Ten-year median 90.3%
Current reading's percentile 81

Gross margin against peers

Company Gross margin
VAC Marriott Vacations Worldwide Corporation 90.9%
RRR Red Rock Resorts, Inc. compare 58.9%
MCRI Monarch Casino & Resort, Inc. compare 55.5%
CZR Caesars Entertainment, Inc. compare 53.0%
BYD Boyd Gaming Corporation compare 49.1%
MGM MGM Resorts International compare 43.6%
MTN Vail Resorts, Inc. compare 41.3%
HGV Hilton Grand Vacations Inc. compare 39.6%
PENN PENN Entertainment, Inc. compare 0.00%
Resorts & Casinos industry median 47.5%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on VAC