VACNYSEReal Estate Agents & Managers (For Others)Fiscal year ends December 31
MARRIOTT VACATIONS WORLDWIDE Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$110.11−0.82 (-0.74%)
Close on Oct 19, 2026
- Market cap
- $4.21B
- P/E (TTM)
- –
- Dividend yield
- 2.88%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Net margin
-6.1%+3.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.3% | +2.6% | +11.8% | +10.8% | |
| Dividend per share | +3.3% | +7.1% | +42.5% | +11.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 13.0% | -9.7% | -13.9% | |
| Return on assets | 5.1% | -3.0% | -3.1% | |
| Capex to revenue | 1.8% | 1.4% | 1.1% | |
| Diluted shares | 28M | 41M | 35M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Marriott Vacations Worldwide generated $1.33B from operations and spent $1.97B on capital expenditure, dividends and share buybacks. 17% of that went back into the business.
Generated
$1.33B
Used
$1.97B
Capital expenditure$344.00M17%Dividends$445.00M23%Share buybacks$1.18B60%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-6.1%
×Asset turnover0.51×
×Equity multiplier4.41×
=Return on equity, FY2025-13.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -6.1% | 0.51× | 4.41× | -13.9% |
| FY2024 | 4.4% | 0.51× | 4.04× | 9.0% |
| FY2023 | 5.4% | 0.49× | 3.96× | 10.4% |
| FY2022 | 8.4% | 0.48× | 3.52× | 14.3% |
| FY2021 | 1.3% | 0.42× | 3.29× | 1.7% |
| FY2020 | -9.5% | 0.32× | 3.19× | -9.7% |
| FY2019 | 3.2% | 0.47× | 2.81× | 4.3% |
| FY2018 | 1.9% | 0.50× | 2.64× | 2.4% |
| FY2017 | 10.8% | 0.83× | 2.69× | 24.1% |
| FY2016 | 6.1% | 0.83× | 2.54× | 13.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$308.00M
- Cash generatingOperating cash flow above zero$28.00M
- Return on assets improvedROA up on the prior year2.3% → -3.1%
- Earnings backed by cashOperating cash flow above net income$28.00M vs -$308.00M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise42M → 35M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.51 → 0.51