VAC Q3 2023 Earnings — Marriott Vacations Worldwide Corporation Revenue & Financial Results | Market Cap Arena

VACMarriott Vacations Worldwide Corporation

$2B

Q3 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.2B-5.3% YoY

Gross Profit

$399M33.6% margin

Operating Income

$00.0% margin

Net Income

$42M3.5% margin

EPS (Diluted)

$1.09

QoQ Revenue Growth

+44.1%

Cash Flow

Operating Cash Flow

$122M

Free Cash Flow

$93M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$9.5B

Total Liabilities

$7.0B

Stockholders' Equity

$2.4B

Cash & Equivalents

$265M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.3B	-5.3%
Gross Profit	$399M	$545M	-26.8%
Operating Income	$0	$243M	-100.0%
Net Income	$42M	$109M	-61.5%

Revenue Segments

Cost Reimbursement

$443M34%

Time Share

$319M24%

Management And Exchange

$205M16%

Rental

$138M11%

Service, Other

$93M7%

Ancillary Revenues

$63M5%

Management Service

$49M4%