Marriott Vacations Worldwide Corporation
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 3.89B | 4.66B | 4.73B | 4.97B | 5.03B | 1.3% | |
| Cost of Revenue | (2.44B) | (2.67B) | (2.91B) | (3.11B) | (4.27B) | 37.3% | |
Gross Profit | 1.45B | 1.99B | 1.82B | 1.85B | 760.00M | -59.0% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (844.00M) | (1.06B) | (1.10B) | (1.16B) | (1.19B) | 2.0% | |
| General & Administrative | (227.00M) | (249.00M) | (273.00M) | (243.00M) | (242.00M) | -0.4% | |
| Selling & Marketing | (617.00M) | (807.00M) | (823.00M) | (919.00M) | (943.00M) | 2.6% | |
| Depreciation & Amortization | (146.00M) | (132.00M) | (135.00M) | (146.00M) | (149.00M) | 2.1% | |
Operating Income (EBIT) | 463.00M | 797.00M | 587.00M | 547.00M | 554.00M | 1.3% | |
| Non-Operating Items | |||||||
| Interest Income | — | — | — | — | — | — | |
| Interest Expense | (164.00M) | (118.00M) | (145.00M) | (162.00M) | (169.00M) | 4.3% | |
| Other Income/Expenses (Net) | -336.00M | -215.00M | -189.00M | -241.00M | -853.00M | 253.9% | |
Income Before Tax | 127.00M | 582.00M | 398.00M | 306.00M | -299.00M | -197.7% | |
| Income Tax Expense | (74.00M) | (191.00M) | (146.00M) | (89.00M) | (8.00M) | -91.0% | |
Net Income | 49.00M | 391.00M | 254.00M | 218.00M | -308.00M | -241.3% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $1 | $10 | $7 | $6 | $-9 | -243.3% | |
| Weighted Avg Shares Outstanding | 42.61M | 40.40M | 36.50M | 35.40M | 34.90M | -1.4% | |
| Weighted Avg Shares Outstanding (Diluted) | 43.30M | 45.20M | 43.50M | 42.10M | 34.90M | -17.1% | |
EBITDA | 437.00M | 832.00M | 678.00M | 614.00M | 19.00M | -96.9% |
Explore VAC
VAC in the Consumer Cyclical
Mid Cap