VAC
Marriott Vacations Worldwide Corporation
VAC lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve.
VAC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Healthy | |
| Weak |
VAC's cash flow is currently healthy, and its revenue is stable, but its profitability and balance sheet are under pressure.
VAC PE Valuation
VAC has no meaningful PE right now: it lost money over the past year.
VAC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for VAC, with profitability improving.
VAC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.67 | — |
| Q3 2026 | -$7.00 | -257% |
| Q2 2026 | -$9.31 | -240% |
| Q1 2026 | -$9.66 | -265% |
| Q4 2025 | -$8.84 | -258% |
| Q3 2025 | $4.45 | -16% |
| Q2 2025 | $6.64 | +56% |
| Q1 2025 | $5.85 | +7.5% |
| Q4 2024 | $5.61 | -11% |
VAC has swung to a loss: it lost $7.00 per share over the past year, after a profit the year before.
VAC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +8.2% |
| Q2 2026 | $1.3B | +5.9% |
| Q1 2026 | $1.3B | +4.8% |
| Q4 2025 | $1.3B | -0.3% |
| Q3 2025 | $1.3B | -3.2% |
| Q2 2025 | $1.2B | +9.3% |
| Q1 2025 | $1.2B | +0.4% |
| Q4 2024 | $1.3B | +11% |
VAC's revenue has picked up after two years of holding roughly level: $1.4B last quarter, up 8.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | +8.6 points |
| Q2 2026 | 12% | +3.2 points |
| Q1 2026 | 7% | -3.8 points |
| Q4 2025 | -34% | -42 points |
| Q3 2025 | 2.6% | -8.7 points |
| Q2 2025 | 9% | 0 points |
| Q1 2025 | 11% | -0.7 points |
| Q4 2024 | 7.8% | -0.8 points |
VAC's operating margin was 11% last quarter, up 8.6 points from the same quarter a year ago.
VAC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $116M | +127% |
| Q2 2026 | $66M | +$134M |
| Q1 2026 | -$12M | -$6M |
| Q4 2025 | -$6M | -107% |
| Q3 2025 | $51M | -12% |
| Q2 2025 | -$68M | -500% |
| Q1 2025 | -$6M | +$7M |
| Q4 2024 | $86M | +51% |
VAC still generates free cash flow, though less than at its 2020 peak: $164M over the past year.
VAC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1% | +400K shares |
| 1 year | +11% | +3.7M shares |
| 3 years | -11% | -4.7M shares |
| 5 years | -12% | -5.1M shares |
| Available history | -13% | -5.9M shares |
VAC has 39M diluted shares, up 11% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $25M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $36M |
| Q4 2024 | $11M |
VAC spent $25M buying back its own shares over the past year, down 47% from the year before.
VAC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 25.8x | High |
| Q3 2025 | 3.1x | Elevated |
| Q2 2025 | 3.1x | Elevated |
| Q1 2025 | 3.1x | Elevated |
| Q4 2024 | 3.1x | Elevated |
| Q3 2024 | 3.2x | Elevated |
| Q2 2024 | 3.2x | Elevated |
| Q1 2024 | 2.9x | Moderate |
VAC's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.0 years a year ago.
VAC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.3 | Neutral |
| Stochastic | 53.9 | Neutral |
VAC's weekly RSI is 63 (neutral) and its Stochastic is 54 (neutral).
VAC PE vs Consumer Cyclical Sector
| Metric | VAC | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
VAC has no meaningful PE right now: it lost money over the past year.
VAC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $109.2 | 5.3% above |
| 20 week MA | $107.2 | 7.3% above |
| 50 week MA | $84.4 | 36% above |
| 100 week MA | $77.9 | 48% above |
| 200 week MA | $90.2 | 28% above |
VAC has climbed back above all five of its weekly moving averages, and it's now 28% above its 200-week average.
VAC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $130.6 | $134.1 | +2.7% |
| 2021 | $134.1 | $166.5 | +24% |
| 2022 | $166.5 | $134.1 | -19% |
| 2023 | $134.1 | $84.9 | -37% |
| 2024 | $84.9 | $90.6 | +6.8% |
| 2025 | $90.6 | $58.6 | -35% |
| 2026 YTD | $58.6 | $115.0 | +96% |
VAC is up 96% so far in 2026, after finishing lower in three of the previous six years.