VAC Q1 2023 Earnings — Marriott Vacations Worldwide Corporation Revenue & Financial Results | Market Cap Arena

VACMarriott Vacations Worldwide Corporation

$2B

Q1 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$804M+9.2% YoY

Gross Profit

$471M58.6% margin

Operating Income

$193M24.0% margin

Net Income

$87M10.8% margin

EPS (Diluted)

$2.05

QoQ Revenue Growth

-3.4%

Cash Flow

Operating Cash Flow

-$50M

Free Cash Flow

-$87M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$9.6B

Total Liabilities

$7.1B

Stockholders' Equity

$2.5B

Cash & Equivalents

$306M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$804M	$736M	+9.2%
Gross Profit	$471M	$420M	+12.1%
Operating Income	$193M	$177M	+9.0%
Net Income	$87M	$58M	+50.0%

Revenue Segments

Service, Other

$10M53%

Management And Exchange

$9M47%