Marriott Vacations/$VAC
Marriott Vacations shares fall after Q3 revenue missed expectations and the company cut the upper end of its FY26 adjusted free-cash-flow outlook, despite raising its EBITDA guidance; Wells Fargo also lowered its price target and retained an underweight rating.
5 hours agoLightyear AI
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Capital at risk
About Marriott Vacations
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's majority revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
- Ticker
- $VAC
- Sector
- Consumer Discretionary
- Primary listing
- NYSE
- Employees
- 21,100
- Headquarters
- Orlando, United States
VAC Metrics
BasicAdvanced
$3.9B
-
-$7.26
-
$3.20
2.80%
Price and volume
Market cap
$3.9B
52-week high
$131.34
52-week low
$44.58
Average daily volume
357K
Dividend rate
$3.20
Financial strength
Current ratio
4.243
Quick ratio
0.638
Long term debt to equity
2.548
Total debt to equity
2.548
Interest coverage (TTM)
3.14%
Profitability
EBITDA (TTM)
680
Gross margin (TTM)
56.54%
Net profit margin (TTM)
-7.00%
Operating margin (TTM)
15.30%
Effective tax rate (TTM)
-11.61%
Revenue per employee (TTM)
$170,000
Management effectiveness
Return on assets (TTM)
3.48%
Return on equity (TTM)
-10.91%
Valuation
Price to revenue (TTM)
1.112
Price to book
1.86
Price to tangible book (TTM)
-2.62
Price to free cash flow (TTM)
24.19
Free cash flow yield (TTM)
4.13%
Free cash flow per share (TTM)
4.73
Dividend yield (TTM)
2.80%
Forward dividend yield
2.80%
Growth
Revenue change (TTM)
6.28%
Earnings per share change (TTM)
-258.70%
3-year revenue growth (CAGR)
3.68%
10-year revenue growth (CAGR)
10.22%
3-year earnings per share growth (CAGR)
-0.53%
10-year earnings per share growth (CAGR)
5.81%
3-year dividend per share growth (CAGR)
-34.75%
10-year dividend per share growth (CAGR)
-3.97%
What the Analysts think about VAC
Analyst ratings (Buy, Hold, Sell) for Marriott Vacations stock.
Analyst projections of the future price of Marriott Vacations stock.
Bulls say / Bears say
Third-quarter contract sales rose 29% year on year and sales per guest climbed 30% to $4,822, showing the company’s new sales approach is driving larger transactions. That gives VAC a stronger base for growth if the gains persist. (Marriott Vacations Worldwide)
Adjusted EBITDA increased 27% to $216 million, while development profit nearly doubled. VAC also raised its 2026 adjusted EBITDA guidance midpoint to $820 million, even after allowing for hurricane-related losses. (Marriott Vacations Worldwide)
Net corporate leverage fell to 3.6 times from 4.2 times at the start of the year, and management expects $410 million to $430 million of adjusted free cash flow in 2026. Better cash generation could support further debt reduction and shareholder returns. (Marriott Vacations Worldwide)
The sales reserve rose to 14.8% of contract sales from 13.4% in the second quarter as the company originated more receivables. If those financed customers prove less reliable, credit losses could weigh on future earnings. (Marriott Vacations Worldwide)
Total tours fell 2% year on year, while Exchange and Third-Party Management revenue declined 5% to $48 million. This points to weaker volume and softness in the exchange business beyond the strong sales-per-guest figures. (Marriott Vacations Worldwide)
Despite lower leverage, VAC still had $3.0 billion of corporate debt and net corporate leverage of 3.6 times at quarter-end. That debt burden leaves the company exposed to financing costs and limits room to manoeuvre if cash flow weakens. (Marriott Vacations Worldwide)
Data summarised monthly by Lightyear AI. Last updated on 5 Nov 2026.
VAC Financial Performance
Revenues and expenses
VAC Earnings Performance
Company profitability
Upcoming events
No upcoming events
VAC News
AllArticlesVideos
Marriott Vacations Worldwide Completes $460 Million Term Securitization
Business Wire2 weeks ago
Marriott Vacations Worldwide Appoints Heena Patel as Chief Revenue Management Officer
Business Wire2 weeks ago
Marriott Vacations Worldwide Corporation Announces Third Quarter Earnings Release and Conference Call
Business Wire4 weeks ago
Funds containing VAC
AllUSDEURGBP
Fund name | Fund size | $VAC weighting |
|---|---|---|
iShares Ageing Population£AGES | $953M | 0.29% |
iShares Ageing Population$AGED | $953M | 0.29% |
iShares Ageing Population€AGED | $903M | 0.29% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.19% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.19% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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