Marriott Vacations Worldwide Corporation (VAC) Stock

Marriott Vacations Worldwide Corporation (VAC) is a Real Estate stock trading at $94.51 (as of 2026-07-24), with a market capitalization of $3.25B and a trailing P/E of 22.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands. It also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company offers exchange networks and membership programs, as well as provision of management services to other resorts and lodging properties through various brands, including Interval International, Trading Places International, Vacation Resorts International, and Aqua-Aston. As of December 31, 2021, the company operated approximately 120 properties in the United States and thirteen other countries and territories. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.

Understand Marriott Vacations Worldwide Corporation: how it makes money

Marriott Vacations develops, markets, sells, and manages vacation ownership, earning money from vacation ownership activities (including sales of vacation ownership products) and from ongoing Exchange and Third-Party Management services.

The profit engine is concentrated in the Vacation Ownership segment, which drives the vast majority of Revenues Excluding Cost Reimbursements (0.76B of 0.83B), while Exchange and Third-Party Management is much smaller (0.06B).

Revenue by segment (latest quarter)
Vacation Ownership$0.8B
Exchange and Third-Party Management$0.1B
Other$0.5B

Business quality (Weak): Segment figures provided are on a Revenues Excluding Cost Reimbursements basis (0.83B total), which may not match the company wide revenue figure (1.3B) that includes other items such as cost reimbursements.

Bull case

  • Concentration in Vacation Ownership: Vacation Ownership accounts for most of Revenues Excluding Cost Reimbursements (0.76B out of 0.83B).
  • Broad brand platform within vacation ownership: The company manages vacation ownership and related products under multiple brands (Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse).

Bear case

  • Limited scale in Exchange and Third-Party Management: Exchange and Third-Party Management is smaller on a Revenues Excluding Cost Reimbursements basis (0.06B).
  • Key reporting may exclude cost reimbursements: The segment revenue figures provided are specifically excluding cost reimbursements, which can make it harder to compare segment revenue to total company revenue that includes other items (company revenue is 1.3B).
Valuation — source: SEC EDGAR (first-party)
Price$94.51
Market Cap$3.25B
P/E Ratio22.2
Price / Book1.63
Price / Sales0.65
FCF Yield-3.5%
DCF Value (model)$81.69
DCF Upside vs Price-13.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$5.03B
Net Margin-6.1%
Revenue Growth (YoY)1.3%
EPS Growth (YoY)-243.5%
FCF Growth (YoY)-119.6%
Valuation vs Sector & Industry
Stock P/E22.2
Sector P/E (Real Estate)30.1
Industry P/E (Real Estate)30.2
vs Sector-26.1%
vs Industry-26.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($277.90M)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorReal Estate
IndustryReal Estate
CEOJason Marino
Employees22,300
CountryUS
IPO Date2011-11-08

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VAC earnings history · VAC institutional & insider holders · VAC KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.