VAC Q2 2024 Earnings — Marriott Vacations Worldwide Corporation Revenue & Financial Results | Market Cap Arena

VACMarriott Vacations Worldwide Corporation

$2B

Q2 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.1B+38.5% YoY

Gross Profit

$430M37.7% margin

Operating Income

$115M10.1% margin

Net Income

$37M3.2% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

-4.6%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

$17M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$9.6B

Total Liabilities

$7.2B

Stockholders' Equity

$2.4B

Cash & Equivalents

$206M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$823M	+38.5%
Gross Profit	$430M	$481M	-10.6%
Operating Income	$115M	$211M	-45.5%
Net Income	$37M	$90M	-58.9%

Revenue Segments

Cost Reimbursement

$378M30%

Time Share

$309M24%

Management And Exchange

$215M17%

Rental

$153M12%

Service, Other

$90M7%

Ancillary Revenues

$73M6%

Management Service

$52M4%