VAC Consumer Cyclical

Marriott Vacations Worldwide Corporation

$118.59+0.93%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Consumer Cyclical
Industry: Resorts & Casinos
Country: United States
Market cap: 4.1B USD
Enterprise value: 6.7B USD
Full-time employees: 21,100

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: its share price swings more than most peers’ (beta 1.24 vs a peer median of 0.63)bigger price swings (beta 1.24 vs peers 0.63)
Drawback: more debt relative to equity (1.51× vs a peer median of 0.46×)more debt vs equity (1.51× vs peers 0.46×)
About average: risk (debt, liquidity and share-price swings)risk

Ranks #1,205 of 1,502 consumer cyclical companies (bottom 20%)

See how it ranks against its peers

Worth knowing

Returning more cash than it generates. Paid out $726M vs $233M of free cash flow over the 3 fiscal years to 2025.
Marriott Vacations Worldwide returned $726M to shareholders over three years, 312% of the free cash flow it produced. That gap has to be covered by cash reserves or new debt, which can't last indefinitely.
Earnings slid into a loss. Loss per share this year after a profit last year.
Marriott Vacations Worldwide made a loss per share in its latest year after a profit the year before.
Share count shrinking. Shares outstanding down 8.2% from December 2022 to July 2026.
Marriott Vacations Worldwide had 8.2% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Loss over 12 months, profit last quarter. Lost money in the 12 months to June 2026, but made a $77M profit in the quarter to June 2026.
Marriott Vacations Worldwide reported a net loss over the last twelve months, but its most recent quarter was profitable ($77M). One quarter isn't a trend, but it's closer to profitability than the 12-month figure suggests.

StockQuotient Score

34/ 100

Oct 5 35 → Nov 4 34 (-1)

Valuation

Is the price right?

23/100

Weak▼ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 24 → 23

Share price +6.8%-1
Company's reported figures updated+1
Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Weaker than most peers on:

▼ Earnings yield
▼ FCF yield
▼ EBITDA yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-8.2%

SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.34Sector median: 0.0439 · MAD: 0.0329

EBITDA yield6.2%

Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsReported value50% base weight · Z-score -0.56Sector median: 0.0877 · MAD: 0.0461

Free cash flow yield2.4%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score -0.68Sector median: 0.0614 · MAD: 0.0545

Other data (not scored)

Book yield50.4%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.5650 · MAD: 0.3500

Growth

Is it growing?

24/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growthUnavailable

Earnings per share turned from a profit to a loss33% base weight · Z-score -2.14Sector median: 0.0420 · MAD: 0.2537

3-year revenue growth2.6%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.27Sector median: 0.0425 · MAD: 0.0636

Revenue growth1.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.31Sector median: 0.0373 · MAD: 0.0653

Profitability

Does it earn well?

30/100

Weak

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

Free cash flow turned positive over the last 12 months

Why

Weaker than most peers on:

▼ ROA

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin11.0%

Yahoo Finance fallback · SEC operating income not reported in standard form · fiscal year to Dec 2025Reported value33% base weight · Z-score 1.00Sector median: 0.0638 · MAD: 0.0461

Return on assets-3.5%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -2.69Sector median: 0.0331 · MAD: 0.0254

Return on invested capital6.8%

Yahoo Finance fallback · SEC operating income or invested capital unavailable · trailing 12 monthsReported value33% base weight · Z-score -0.09Sector median: 0.0733 · MAD: 0.0600

Other data (not scored)

Gross margin53.1%

Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.3025 · MAD: 0.1399

Return on equity-16.2%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0746 · MAD: 0.0674

Risk

Debt, liquidity, price swings

Moderate

Moderate relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Mixed versus peers:

▲ Current ratio
▼ Beta
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.24

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -2.05Sector median: 0.6345 · MAD: 0.2980

Current ratio4.55×

Yahoo Finance fallback · SEC figure unavailable or out of dateReported value33% base weight · Z-score 5.51Sector median: 1.4800 · MAD: 0.5570

Debt / equity1.51×

SEC filings · latest balance sheetReported value33% base weight · Z-score -2.93Sector median: 0.4646 · MAD: 0.3556

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Marriott Vacations Worldwide

Is Marriott Vacations Worldwide getting weaker?: Its latest SEC filing (Aug 6, 2026) got stronger: free cash flow turned positive over the last 12 months. Its overall score is unchanged at 34/100 since Oct 28, 2026.
How is Marriott Vacations Worldwide valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 23/100 against 1,612 consumer cyclical peers. Earnings yield -8.2% vs a peer median of 4.4% (weaker than 100% of peers).Earnings yield -8.2% vs peers 4.4% (weaker than 100% of peers).
Is Marriott Vacations Worldwide growing?: More slowly than most of its peers. Growth scores 24/100 against 1,612 consumer cyclical peers.
How profitable is Marriott Vacations Worldwide?: Less profitable than most of its peers. Profitability scores 30/100 against 1,612 consumer cyclical peers. Operating margin 11.0% vs a peer median of 6.4% (stronger than 72% of peers).Operating margin 11.0% vs peers 6.4% (stronger than 72% of peers). Return on assets -3.5% vs a peer median of 3.3% (weaker than 93% of peers).Return on assets -3.5% vs peers 3.3% (weaker than 93% of peers).
How risky is Marriott Vacations Worldwide?: Moderate risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Current ratio 4.55× vs a peer median of 1.48× (stronger than 94% of peers).Current ratio 4.55× vs peers 1.48× (stronger than 94% of peers). Beta 1.24 vs a peer median of 0.63 (weaker than 84% of peers).Beta 1.24 vs peers 0.63 (weaker than 84% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026

Got stronger

Free cash flow turned positive over the last 12 months

	Previous quarter	Latest quarter	Change
Revenue (12 months)	5.1B USD	5.2B USD	+1.5%
Net income (12 months)	−342.0M USD	−334.0M USD	−2.3%
Free cash flow (12 months)	−35.0M USD	99.0M USD	turned positive
Debt	3.3B USD	3.1B USD	−5.1%
Cash	268.0M USD	211.0M USD	−21.3%
Shares outstanding	34.3M	34.4M	+0.2%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Consumer Cyclical · 182 companies

Valuations in Consumer Cyclical are within their usual range since 2016.

36% of months since 2016 were valued lower than now.
15% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +0% and earnings +10% (medians): prices and earnings moved broadly together.
Median price-to-sales is −55% vs the whole market, against a usual −41%.

2016Shaded: most expensive fifth of its range2026

Shown for Consumer Cyclical: too few Resorts & Casinos companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Operating margin	7.4%	15.0%	11.6%	9.5%	-2.6%	▼ 12 pts
Net margin	1.3%	8.4%	5.4%	4.4%	-6.1%	▼ 11 pts
Return on assets (ROA)	0.5%	4.1%	2.6%	2.2%	-3.2%	▼ 5.4 pts
Return on equity (ROE)	1.6%	15.7%	10.7%	8.9%	-15.5%	▼ 24 pts
Free cash flow margin	7.6%	9.8%	2.4%	3.0%	-0.6%	▼ 3.6 pts
Debt to equity	0.88×	1.24×	1.28×	1.26×	1.77×	▲ 40%

VAC price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

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Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: its share price swings more than most peers’ (beta 1.24 vs a peer median of 0.63)bigger price swings (beta 1.24 vs peers 0.63)

Drawback: more debt relative to equity (1.51× vs a peer median of 0.46×)more debt vs equity (1.51× vs peers 0.46×)

About average: risk (debt, liquidity and share-price swings)risk

Ranks #1,205 of 1,502 consumer cyclical companies (bottom 20%)

See how it ranks against its peers

Worth knowing

Returning more cash than it generates. Paid out $726M vs $233M of free cash flow over the 3 fiscal years to 2025.

Marriott Vacations Worldwide returned $726M to shareholders over three years, 312% of the free cash flow it produced. That gap has to be covered by cash reserves or new debt, which can't last indefinitely.

Earnings slid into a loss. Loss per share this year after a profit last year.

Marriott Vacations Worldwide made a loss per share in its latest year after a profit the year before.

Share count shrinking. Shares outstanding down 8.2% from December 2022 to July 2026.

Marriott Vacations Worldwide had 8.2% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.

Loss over 12 months, profit last quarter. Lost money in the 12 months to June 2026, but made a $77M profit in the quarter to June 2026.

Marriott Vacations Worldwide reported a net loss over the last twelve months, but its most recent quarter was profitable ($77M). One quarter isn't a trend, but it's closer to profitability than the 12-month figure suggests.

Questions investors ask about Marriott Vacations Worldwide

Is Marriott Vacations Worldwide getting weaker?

Its latest SEC filing (Aug 6, 2026) got stronger: free cash flow turned positive over the last 12 months. Its overall score is unchanged at 34/100 since Oct 28, 2026.

How is Marriott Vacations Worldwide valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 23/100 against 1,612 consumer cyclical peers. Earnings yield -8.2% vs a peer median of 4.4% (weaker than 100% of peers).Earnings yield -8.2% vs peers 4.4% (weaker than 100% of peers).

Is Marriott Vacations Worldwide growing?

More slowly than most of its peers. Growth scores 24/100 against 1,612 consumer cyclical peers.

How profitable is Marriott Vacations Worldwide?

Less profitable than most of its peers. Profitability scores 30/100 against 1,612 consumer cyclical peers. Operating margin 11.0% vs a peer median of 6.4% (stronger than 72% of peers).Operating margin 11.0% vs peers 6.4% (stronger than 72% of peers). Return on assets -3.5% vs a peer median of 3.3% (weaker than 93% of peers).Return on assets -3.5% vs peers 3.3% (weaker than 93% of peers).

How risky is Marriott Vacations Worldwide?

Moderate risk relative to 1,612 consumer cyclical peers, judged on debt, liquidity and share-price swings. Current ratio 4.55× vs a peer median of 1.48× (stronger than 94% of peers).Current ratio 4.55× vs peers 1.48× (stronger than 94% of peers). Beta 1.24 vs a peer median of 0.63 (weaker than 84% of peers).Beta 1.24 vs peers 0.63 (weaker than 84% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

5.1B USD

5.2B USD

+1.5%

Net income (12 months)

−342.0M USD

−334.0M USD

−2.3%

Free cash flow (12 months)

−35.0M USD

99.0M USD

turned positive

Debt

3.3B USD

3.1B USD

−5.1%

Cash

268.0M USD

211.0M USD

−21.3%

Shares outstanding

34.3M

34.4M

+0.2%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Operating margin

7.4%

15.0%

11.6%

9.5%

-2.6%

▼ 12 pts

Net margin

1.3%

8.4%

5.4%

4.4%

-6.1%

▼ 11 pts

Return on assets (ROA)

0.5%

4.1%

2.6%

2.2%

-3.2%

▼ 5.4 pts

Return on equity (ROE)

1.6%

15.7%

10.7%

8.9%

-15.5%

▼ 24 pts

Free cash flow margin

7.6%

9.8%

2.4%

3.0%

-0.6%

▼ 3.6 pts

Debt to equity

0.88×

1.24×

1.28×

1.26×

1.77×

▲ 40%