VAC Q1 2024 Earnings — Marriott Vacations Worldwide Corporation Revenue & Financial Results | Market Cap Arena

VACMarriott Vacations Worldwide Corporation

$2B

Q1 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.2B+48.6% YoY

Gross Profit

$466M39.0% margin

Operating Income

$142M11.9% margin

Net Income

$47M3.9% margin

EPS (Diluted)

$1.23

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$13M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$9.9B

Total Liabilities

$7.5B

Stockholders' Equity

$2.4B

Cash & Equivalents

$237M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$804M	+48.6%
Gross Profit	$466M	$471M	-1.1%
Operating Income	$142M	$193M	-26.4%
Net Income	$47M	$87M	-46.0%

Revenue Segments

Cost Reimbursement

$391M30%

Time Share

$352M27%

Management And Exchange

$211M16%

Rental

$158M12%

Service, Other

$89M7%

Ancillary Revenues

$66M5%

Management Service

$56M4%