MARRIOTT VACATIONS WORLDWIDE CORP (VAC)
Consumer Discretionary · Vacation ownership / timeshare · NYSE
Global vacation ownership company operating iconic hospitality brands (Marriott, Sheraton, Westin, Hyatt, Ritz-Carlton) with exchange services and property management operations.
What MARRIOTT VACATIONS WORLDWIDE CORP does
Marriott Vacations Worldwide is a global vacation ownership (timeshare) company offering vacation ownership interests, exchange services, and property management across iconic hospitality brands. The company operates two main segments: Vacation Ownership (96% of revenue), which develops, markets, and manages vacation ownership properties under brands including Marriott Vacation Club, Sheraton Vacation Club, Westin Vacation Club, Hyatt Vacation Club, and The Ritz-Carlton Club; and Exchange & Third-Party Management (4% of revenue), which provides exchange services through Interval International and property management through its Aqua-Aston business. Revenue streams include the sale of vacation ownership products, management and exchange fees, rental operations, and financing of vacation ownership notes receivable.
Themes: ["Vacation ownership / timeshare","Hospitality brands / branded resorts","Exchange services / vacation exchange","Property management services","Vacation experiences / lifestyle","Receivables financing and securitization","Consumer discretionary travel"]
Fundamentals
- Price$98.81 as of 2026-07-09 close
- Market cap$3.2B as of 2026-07-10
- 1-year return+22.6% as of 2026-07-09 close
- Net margin-6.7% as of 2026-07-10
- Gross margin+49.4% as of 2026-07-10
- ROE-15.3% as of 2026-07-10
- Debt / equity2.80 as of 2026-07-10
- Revenue growth (YoY)+2.4% as of 2026-07-10
- Revenue CAGR (3y)+2.6% SEC XBRL
- Beta1.24 as of 2026-07-10
Dividend: yield +3.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Economic sensitivity: As a consumer discretionary business, vacation ownership sales are vulnerable to economic downturns, reduced consumer spending, and credit availability; the company is currently unprofitable with negative net margin of -6.72%","Receivables credit risk: The company finances a majority of vacation ownership sales through notes receivable; significant defaults or impairments in the loan portfolio could materially impact earnings and cash flow","Regulatory and litigation exposure: The vacation ownership industry faces regulatory scrutiny; the filing discloses litigation charges and ongoing contingencies that could result in material costs"]
Competitors & peers
- Hilton Grand Vacations (HGV)
- Disney Vacation Club (Disney) (DIS)
- Wyndham Destinations (now Travel + Leisure Co) (TNL)
- ILX Resorts
- Bluegreen Vacations (BXG)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.