What is Marriott Vacations Worldwide C's earnings per share (EPS)?

Marriott Vacations Worldwide C (VAC) reported diluted earnings per share of $-8.84 for fiscal year 2025. This represents a -257.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Marriott Vacations Worldwide C Financials

VAC

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Marriott Vacations Worldwide C (VAC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 20/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Marriott Vacations Worldwide C's revenue grew a modest 1.3% year-over-year to $5.0B. This slow but positive growth earns a score of 36/100.

Leverage

Marriott Vacations Worldwide C has elevated debt relative to equity (D/E of 3.90), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 23/100, reflecting increased financial risk.

Cash Flow

While Marriott Vacations Worldwide C generated $28.0M in operating cash flow, capex of $57.0M consumed most of it, leaving -$29.0M in free cash flow. This results in a low score of 24/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Marriott Vacations Worldwide C generates a -15.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 8.9% the prior year.

Piotroski F-Score Neutral

4/9

Marriott Vacations Worldwide C passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-0.09x

For every $1 of reported earnings, Marriott Vacations Worldwide C generates $-0.09 in operating cash flow ($28.0M OCF vs -$308.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$5.0B

YoY+1.3%

5Y CAGR+11.8%

10Y CAGR+11.4%

Marriott Vacations Worldwide C generated $5.0B in revenue in fiscal year 2025. This represents an increase of 1.3% from the prior year.

EBITDA

N/A

Net Income

-$308.0M

YoY-241.3%

Marriott Vacations Worldwide C reported -$308.0M in net income in fiscal year 2025. This represents a decrease of 241.3% from the prior year.

EPS (Diluted)

$-8.84

YoY-257.6%

Marriott Vacations Worldwide C earned $-8.84 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 257.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$29.0M

YoY-119.6%

Marriott Vacations Worldwide C generated -$29.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 119.6% from the prior year.

Cash & Debt

$406.0M

YoY+106.1%

5Y CAGR-5.0%

10Y CAGR+4.1%

Marriott Vacations Worldwide C held $406.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$3.17

YoY+3.3%

5Y CAGR+42.5%

10Y CAGR+28.9%

Marriott Vacations Worldwide C paid $3.17 per share in dividends in fiscal year 2025. This represents an increase of 3.3% from the prior year.

Shares Outstanding

34M

YoY-2.2%

5Y CAGR-3.6%

10Y CAGR+0.7%

Marriott Vacations Worldwide C had 34M shares outstanding in fiscal year 2025. This represents a decrease of 2.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-6.1%

YoY-10.5pp

5Y CAGR+3.4pp

10Y CAGR-10.8pp

Marriott Vacations Worldwide C's net profit margin was -6.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 10.5 percentage points from the prior year.

Return on Equity

-15.4%

YoY-24.4pp

5Y CAGR-5.1pp

10Y CAGR-23.2pp

Marriott Vacations Worldwide C's ROE was -15.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 24.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$61.0M

YoY+8.9%

5Y CAGR-5.7%

10Y CAGR-11.4%

Marriott Vacations Worldwide C spent $61.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 8.9% from the prior year.

Capital Expenditures

$57.0M

YoY+0.0%

5Y CAGR+6.8%

10Y CAGR+14.1%

Marriott Vacations Worldwide C invested $57.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 0.0% from the prior year.

VAC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$5.0B+1.3%	$5.0B+5.1%	$4.7B+1.5%	$4.7B+19.7%	$3.9B+34.8%	$2.9B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$242.0M+2.1%	$237.0M-13.2%	$273.0M+9.6%	$249.0M+9.7%	$227.0M+47.4%	$154.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$8.0M-91.0%	$89.0M-39.0%	$146.0M-23.6%	$191.0M+158.1%	$74.0M+188.1%	-$84.0M
Net Income	-$308.0M-241.3%	$218.0M-14.2%	$254.0M-35.0%	$391.0M+698.0%	$49.0M+117.8%	-$275.0M
EPS (Diluted)	$-8.84-257.6%	$5.61-10.7%	$6.28-28.4%	$8.77+676.1%	$1.13+117.0%	$-6.65

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$1.3B+4.8%	$1.3B+1.4%	$1.2B+3.8%	$1.2B-9.6%	$1.3B+1.7%	$1.3B+14.5%	$1.1B-4.6%	$1.2B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$67.0M+26.4%	$53.0M-13.1%	$61.0M0.0%	$61.0M+3.4%	$59.0M-3.3%	$61.0M+13.0%	$54.0M-14.3%	$63.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$65.0M-2266.7%	$3.0M-88.0%	$25.0M-44.4%	$45.0M+350.0%	$10.0M-70.6%	$34.0M+240.0%	$10.0M-71.4%	$35.0M
Net Income	-$431.0M-21450.0%	-$2.0M-102.9%	$69.0M+23.2%	$56.0M+12.0%	$50.0M-40.5%	$84.0M+127.0%	$37.0M-21.3%	$47.0M
EPS (Diluted)	N/A	$-0.07-104.0%	$1.77+21.2%	$1.46	N/A	$2.12+116.3%	$0.98-19.7%	$1.22

VAC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$9.8B-0.5%	$9.8B+1.3%	$9.7B+0.4%	$9.6B+0.3%	$9.6B+8.0%	$8.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$406.0M+106.1%	$197.0M-20.6%	$248.0M-52.7%	$524.0M+53.2%	$342.0M-34.7%	$524.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$3.0B-5.1%	$3.1B0.0%	$3.1B0.0%	$3.1B-1.0%	$3.1B+11.8%	$2.8B
Total Liabilities	$7.8B+5.4%	$7.4B+0.9%	$7.3B+2.2%	$7.1B+7.8%	$6.6B+6.6%	$6.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.0B-18.4%	$2.4B+2.5%	$2.4B-4.6%	$2.5B-16.1%	$3.0B+12.3%	$2.7B
Retained Earnings	$434.0M-49.1%	$852.0M+14.8%	$742.0M+25.1%	$593.0M+115.6%	$275.0M+1.1%	$272.0M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$9.8B-3.9%	$10.1B+2.6%	$9.9B+0.1%	$9.9B+0.8%	$9.8B+0.7%	$9.7B+1.3%	$9.6B-2.6%	$9.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$406.0M-14.3%	$474.0M+131.2%	$205.0M+4.6%	$196.0M-0.5%	$197.0M0.0%	$197.0M-4.4%	$206.0M-13.1%	$237.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$3.0B-5.1%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B0.0%	$3.1B
Total Liabilities	$7.8B+1.0%	$7.7B+3.8%	$7.4B-0.6%	$7.4B+1.1%	$7.4B+0.6%	$7.3B+1.1%	$7.2B-3.3%	$7.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.0B-19.1%	$2.5B-0.8%	$2.5B+2.0%	$2.4B-0.3%	$2.4B+1.0%	$2.4B+2.0%	$2.4B-0.3%	$2.4B
Retained Earnings	$434.0M-51.4%	$893.0M-3.1%	$922.0M+4.7%	$881.0M+3.4%	$852.0M+2.7%	$830.0M+7.4%	$773.0M+1.3%	$763.0M

VAC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$28.0M-86.3%	$205.0M-11.6%	$232.0M-55.6%	$522.0M+52.2%	$343.0M+14.7%	$299.0M
Capital Expenditures	$57.0M0.0%	$57.0M-51.7%	$118.0M+81.5%	$65.0M+38.3%	$47.0M+14.6%	$41.0M
Free Cash Flow	-$29.0M-119.6%	$148.0M+29.8%	$114.0M-75.1%	$457.0M+54.4%	$296.0M+14.7%	$258.0M
Investing Cash Flow	-$70.0M+39.1%	-$115.0M-2.7%	-$112.0M-800.0%	$16.0M+107.5%	-$213.0M-565.6%	-$32.0M
Financing Cash Flow	$241.0M+282.6%	-$132.0M+67.1%	-$401.0M+17.5%	-$486.0M-53.3%	-$317.0M-1478.3%	$23.0M
Dividends Paid	$110.0M+2.8%	$107.0M+0.9%	$106.0M+7.1%	$99.0M+330.4%	$23.0M-48.9%	$45.0M
Share Buybacks	$61.0M+8.9%	$56.0M-80.4%	$286.0M-59.2%	$701.0M+798.7%	$78.0M-4.9%	$82.0M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$6.0M-90.3%	$62.0M+229.2%	-$48.0M-700.0%	$8.0M-92.0%	$100.0M+38.9%	$72.0M+140.0%	$30.0M+900.0%	$3.0M
Capital Expenditures	$12.0M+9.1%	$11.0M-45.0%	$20.0M+42.9%	$14.0M0.0%	$14.0M0.0%	$14.0M+7.7%	$13.0M-18.8%	$16.0M
Free Cash Flow	-$6.0M-111.8%	$51.0M+175.0%	-$68.0M-1033.3%	-$6.0M-107.0%	$86.0M+48.3%	$58.0M+241.2%	$17.0M+230.8%	-$13.0M
Investing Cash Flow	-$13.0M+7.1%	-$14.0M+44.0%	-$25.0M-38.9%	-$18.0M-100.0%	-$9.0M+50.0%	-$18.0M+5.3%	-$19.0M+72.5%	-$69.0M
Financing Cash Flow	$5.0M-97.7%	$217.0M+325.5%	$51.0M+259.4%	-$32.0M+69.8%	-$106.0M-421.2%	$33.0M+132.4%	-$102.0M-337.2%	$43.0M
Dividends Paid	$0-100.0%	$27.0M-3.6%	$28.0M-49.1%	$55.0M+111.5%	$26.0M	$0-100.0%	$27.0M-50.0%	$54.0M
Share Buybacks	$25.0M	$0	$0-100.0%	$36.0M+227.3%	$11.0M+22.2%	$9.0M-25.0%	$12.0M-50.0%	$24.0M

VAC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-6.1%-10.5pp	4.4%-1.0pp	5.4%-3.0pp	8.4%+7.1pp	1.3%+10.8pp	-9.5%
Return on Equity	-15.4%-24.4pp	8.9%-1.7pp	10.7%-5.0pp	15.7%+14.0pp	1.7%+12.0pp	-10.4%
Return on Assets	-3.2%-5.4pp	2.2%-0.4pp	2.6%-1.4pp	4.1%+3.5pp	0.5%+3.6pp	-3.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	3.90+0.9	3.02-0.0	3.06+0.2	2.86+0.6	2.23-0.1	2.34
FCF Margin	-0.6%-3.6pp	3.0%+0.6pp	2.4%-7.4pp	9.8%+2.2pp	7.6%-1.3pp	8.9%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-32.6%-32.4pp	-0.2%-5.7pp	5.5%+0.9pp	4.7%+0.9pp	3.8%-2.7pp	6.4%+3.2pp	3.3%-0.7pp	3.9%
Return on Equity	-21.6%-21.6pp	-0.1%-2.9pp	2.8%+0.5pp	2.3%+0.2pp	2.1%-1.4pp	3.5%+1.9pp	1.6%-0.4pp	2.0%
Return on Assets	-4.4%-4.4pp	-0.0%-0.7pp	0.7%+0.1pp	0.6%+0.1pp	0.5%-0.3pp	0.9%+0.5pp	0.4%-0.1pp	0.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	3.90+0.8	3.12+0.1	2.98-0.1	3.06+0.0	3.020.0	3.03-0.0	3.05-0.1	3.15
FCF Margin	-0.4%-4.5pp	4.0%+9.5pp	-5.5%-5.0pp	-0.5%-7.0pp	6.5%+2.0pp	4.4%+3.0pp	1.5%+2.6pp	-1.1%

Similar Companies

Penn Ent PENN

$2.0B

Hilton Grand Vac HGV

$3.3B

Melco Resorts And Entmnt Ltd MLCO

$2.3B

Vail Resorts MTN

$4.7B

Red Rock Resorts Inc RRR

$3.3B

Frequently Asked Questions

What is Marriott Vacations Worldwide C's annual revenue?

Marriott Vacations Worldwide C (VAC) reported $5.0B in total revenue for fiscal year 2025. This represents a 1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Marriott Vacations Worldwide C's revenue growing?

Marriott Vacations Worldwide C (VAC) revenue grew by 1.3% year-over-year, from $5.0B to $5.0B in fiscal year 2025.

Is Marriott Vacations Worldwide C profitable?

No, Marriott Vacations Worldwide C (VAC) reported a net income of -$308.0M in fiscal year 2025, with a net profit margin of -6.1%.

What is Marriott Vacations Worldwide C's net profit margin?

Marriott Vacations Worldwide C (VAC) had a net profit margin of -6.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Marriott Vacations Worldwide C pay dividends?

Yes, Marriott Vacations Worldwide C (VAC) paid $3.17 per share in dividends during fiscal year 2025.

What is Marriott Vacations Worldwide C's return on equity (ROE)?

Marriott Vacations Worldwide C (VAC) has a return on equity of -15.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Marriott Vacations Worldwide C's free cash flow?

Marriott Vacations Worldwide C (VAC) generated -$29.0M in free cash flow during fiscal year 2025. This represents a -119.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Marriott Vacations Worldwide C's operating cash flow?

Marriott Vacations Worldwide C (VAC) generated $28.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Marriott Vacations Worldwide C's total assets?

Marriott Vacations Worldwide C (VAC) had $9.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Marriott Vacations Worldwide C's capital expenditures?

Marriott Vacations Worldwide C (VAC) invested $57.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Marriott Vacations Worldwide C buy back shares?

Yes, Marriott Vacations Worldwide C (VAC) spent $61.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Marriott Vacations Worldwide C have outstanding?

Marriott Vacations Worldwide C (VAC) had 34M shares outstanding as of fiscal year 2025.

What is Marriott Vacations Worldwide C's debt-to-equity ratio?

Marriott Vacations Worldwide C (VAC) had a debt-to-equity ratio of 3.90 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Marriott Vacations Worldwide C's return on assets (ROA)?

Marriott Vacations Worldwide C (VAC) had a return on assets of -3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Marriott Vacations Worldwide C's Piotroski F-Score?

Marriott Vacations Worldwide C (VAC) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Marriott Vacations Worldwide C's earnings high quality?

Marriott Vacations Worldwide C (VAC) has an earnings quality ratio of -0.09x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Marriott Vacations Worldwide C?

Marriott Vacations Worldwide C (VAC) scores 20 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.