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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. In the quarter to June 2026, revenue grew 5.94%, EPS grew 11.6%, free cash flow grew 123.5% and total debt rose 1.26%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five; insiders bought in the last twelve months.

105.34 1.13 +1.08%
Market cap
$3.6B
P/E
0.0×
Fwd P/E
14.5×
Dividend yield
3.03%
F-score
6/9
Altman Z
1.06
Beneish M
−2.60
Dividend safety
12/100

Insider Decisions trades per month

Total buys 7.28
Total sells 83.92
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 9 — 1 — 1 — — — — — — —
Sell — — — — — — — — — 2 — —
Insider Ownership 9.71%

Capital & Financial Ratios $m

Market Cap 3,580.00
Revenue 5,163.00
Net Income (334.00)
Free Cash Flow 102.00
Net Debt 4,940.00
Current Ratio 3.56 (at or above 1.5: strong)
Debt/Equity 2.65 (above 2: weak)
P/E ratio 0.00
Fwd P/E 14.50
P/S ratio 0.71
P/B ratio 1.78
Past 5Y EPS Growth —
This Y EPS Growth 20.74% (at or above 15%: strong)
Next Y EPS Growth 11.16%
Next Y revenue growth 8.13%
Next 5Y EPS Growth 9.79%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 25.33%
10-year low 10-year high
P/B against its own 10 years 48.97%
10-year low 10-year high
EV/Sales against its own 10 years 39.33%
10-year low 10-year high
EV/FCF against its own 10 years 82.62%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 3.20
Annual Dividend Yield 3.03%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 3.20
0.80
0.80
0.80
2025 3.17
0.79
0.79
0.79
0.80
2024 3.07
0.76
0.76
0.76
0.79
2023 2.92
0.72
0.72
0.72
0.76
2022 2.58
0.62
0.62
0.62
0.72
2021 1.08
0.54
0.54
2020 0.54
0.54
2019 1.89
0.45
0.45
0.45
0.54
2018 1.65
0.40
0.40
0.40
0.45
2017 1.45
0.35
0.35
0.35
0.40
2016 1.25
0.30
0.30
0.30
0.35
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 574 528 733 513
Receivables 385 387 428 428
Inventory 634 735 692 673
Other — — — —
3,936 4,090 4,418 4,201
2023 2024 2025 Q'26
Payables 362 343 358 227
ST’ Debt — — — —
Other 164 162 163 166
1,251 1,243 1,268 1,181

Compound Annual Growth %

10y 5y 3y
Sales 10.76% 11.76% 2.62%
Cash Flow (13.43%) (37.73%) (62.29%)
Earnings 0.00% 0.00% 0.00%
Book Value 7.40% (5.77%) (7.25%)

Revenue $m

Mar Jun Sep Dec Year
’26 1,257 1,320 — — —
’25 1,200 1,246 1,263 1,323 5,032
’24 1,195 1,140 1,305 1,327 4,967
’23 1,169 1,178 1,186 1,194 4,727
’22 1,052 1,164 1,252 1,188 4,656
’21 759 979 1,052 1,100 3,890
’20 1,010 480 649 747 2,886
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (4) 80 — — —
’25 8 (48) 62 6 28
’24 3 30 72 100 205
’23 (50) 77 122 83 232
’22 129 89 162 142 522
’21 (60) 208 155 40 343
’20 (122) 49 231 141 299
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 38 16 — — —
’25 (6) (68) 51 (3) (26)
’24 (62) 17 57 94 106
’23 (87) 51 93 73 130
’22 120 75 149 116 460
’21 (67) 204 147 15 299
’20 (139) 32 244 136 273
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.64 2.12 — — —
’25 1.46 1.77 (0.07) (12.43) (8.84)
’24 1.22 0.98 2.12 1.30 5.61
’23 2.06 2.17 1.09 0.93 6.28
’22 1.23 2.97 2.53 2.08 8.77
’21 (0.68) 0.15 0.23 1.39 1.13
’20 (2.56) (1.68) (1.51) (0.88) (6.65)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 45.95 79.79 60.68 66.94 30.10 121.89 110.08 72.78 67.28 44.58

Analyst estimates 2026–2028

Powerpack
High 89.97 143.53 154.14 131.27 157.67 190.97 174.74 165.85 108.57 91.18
People
People Employees 11,000 11,000 23,000 22,000 18,000 20,300 21,400 22,000 22,300 21,100
Revenue/emp, $m 0.18 0.20 0.13 0.19 0.16 0.19 0.22 0.21 0.22 0.24
Income, $m
Income, $m Revenue 2,000 2,183 2,968 4,259 2,886 3,890 4,656 4,727 4,967 5,032
Gross margin, % 90.40 93.27 91.27 85.02 83.54 86.61 88.85 90.65 90.30 90.54
EBT 198 240 103 225 (340) 127 582 398 306 (299)
EBT margin, % 9.90 10.99 3.47 5.28 (11.78) 3.26 12.50 8.42 6.16 (5.94)
Net income 122 235 52 142 (256) 53 391 252 217 (307)
Depreciation 27 31 78 160 145 202 157 158 172 173
Per share, $
Per share, $ Revenue 71.68 80.55 89.13 97.02 69.88 91.53 115.25 129.51 140.31 144.18
Earnings 4.93 8.38 1.64 3.13 (6.65) 1.15 9.69 6.96 6.16 (8.83)
Cash flow 5.05 5.24 2.91 8.70 7.24 8.07 12.92 6.36 5.79 0.80
Capex 1.22 (0.96) (1.20) 0.11 (0.63) (1.04) (1.53) (2.79) (2.80) (1.55)
Free cash flow 6.27 4.28 1.71 8.82 6.61 7.04 11.39 3.56 2.99 (0.74)
Book value 32.54 38.41 104.08 69.04 64.94 70.26 61.83 65.26 68.95 57.11
Shares, m 28 27 33 44 41 43 40 37 35 35
Valuation, ×
Valuation, × P/E 19.26 16.21 44.84 40.75 0.00 149.54 13.71 12.81 14.58 0.00
P/S 1.18 1.69 0.79 1.33 1.96 1.85 1.16 0.68 0.64 0.40
P/B 2.59 3.55 0.68 1.86 2.11 2.41 2.16 1.36 1.30 1.01
EV/Sales 1.44 1.97 1.87 2.12 3.10 2.79 2.05 1.65 1.59 1.38
EV/FCF 16.43 37.05 97.40 23.36 32.76 36.34 20.77 60.01 74.30 (267.71)
Cash, $m
Cash, $m Operating cash flow 141 142 97 382 299 343 522 232 205 28
Capex 34 (26) (40) 5 (26) (44) (62) (102) (99) (54)
Free cash flow 175 116 57 387 273 299 460 130 106 (26)
Balance, $m
Balance, $m Working capital 1,637 1,678 2,739 2,813 2,674 2,623 2,777 2,685 2,847 3,150
Total debt 737 1,095 3,818 4,087 4,268 4,487 5,026 5,145 5,225 5,680
Net debt 524 604 3,204 3,386 3,276 3,684 4,172 4,571 4,697 4,947
Shareholders’ equity 908 1,041 3,466 3,031 2,682 2,986 2,498 2,382 2,441 1,993
Returns, %
Returns, % ROA 5.09 8.98 0.93 1.51 (3.04) 0.53 4.06 2.63 2.24 (3.15)
ROIC 8.73 9.35 2.50 4.46 (1.03) 4.22 7.35 4.82 4.29 (1.59)
ROE 12.95 24.12 2.44 4.25 (9.63) 1.73 14.26 10.41 9.04 (13.89)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Marriott Vacations Worldwide Corporation vs peers in Resorts & Casinos (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MGM MGM Resorts International $7.6B 17.4× 22.8× +1.05% (above 0%: growing) +522.22% (above 0%: growing) +118.40% (above 0%: growing) 44.47% 11.32% Compare
CZR Caesars Entertainment, Inc. $6.0B — (loss-making) — (loss-making) +2.96% (above 0%: growing) n/m +29.79% (above 0%: growing) 53.26% 17.14% Compare
RRR Red Rock Resorts, Inc. $5.3B 17.1× 34.7× −3.04% (below 0%: shrinking) −29.17% (below 0%: shrinking) −76.90% (below 0%: shrinking) 61.83% 26.65% Compare
MTN Vail Resorts, Inc. $5.2B 37.7× 19.3× +2.50% (above 0%: growing) n/m +29.42% (above 0%: growing) (8.85%) (75.09%) Compare
BYD Boyd Gaming Corporation $5.1B 3.0× 13.2× +0.04% (above 0%: growing) −4.89% (below 0%: shrinking) −235.57% (below 0%: shrinking) 50.29% 19.40% Compare
VAC Marriott Vacations Worldwide Corporation $3.6B — (loss-making) 14.5× +5.94% (above 0%: growing) +11.62% (above 0%: growing) +123.53% (above 0%: growing) 90.83% 12.20%
HGV Hilton Grand Vacations Inc. $2.7B 19.4× 9.8× +7.27% (above 0%: growing) −42.31% (below 0%: shrinking) +318.52% (above 0%: growing) 36.75% 6.70% Compare
PENN PENN Entertainment, Inc. $2.1B — (loss-making) 17.8× +5.24% (above 0%: growing) n/m +9,546.15% (above 0%: growing) 37.18% 7.09% Compare
MCRI Monarch Casino & Resort, Inc. $2.1B 17.9× 18.6× +4.15% (above 0%: growing) +23.81% (above 0%: growing) −1.37% (below 0%: shrinking) 55.71% 27.09% Compare
Median of peers $5.2B 17.7× 18.6× +2.73% −4.89% +29.61% 47.38% 14.23%

All 18 Resorts & Casinos stocks →

Marriott Vacations Worldwide Corporation (VAC) key facts

  • Strength: Marriott Vacations Worldwide Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.0 billion, up 1.31% from fiscal 2024.
  • Marriott Vacations Worldwide Corporation (VAC) is a Resorts & Casinos company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
  • As of October 9, 2026, VAC traded at $105.34, a market capitalization of $3.6 billion.
  • Marriott Vacations Worldwide Corporation pays an annual dividend of $3.20 per share, a yield of 3.03%.
  • Return on equity was −13.9% and debt-to-equity 2.65.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.06 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Marriott Vacations Worldwide Corporation (VAC) Latest News

13 Aug

9 Aug

stockrow.com/VAC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com