VACMarriott Vacations Worldwide Corporation

$2B

Q3 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.3B+10.0% YoY

Gross Profit

$1.2B91.3% margin

Operating Income

$902M69.1% margin

Net Income

$84M6.4% margin

EPS (Diluted)

$2.12

QoQ Revenue Growth

+14.5%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$58M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$7.3B

Stockholders' Equity

$2.4B

Cash & Equivalents

$197M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+10.0%
Gross Profit	$1.2B	$399M	+198.7%
Operating Income	$902M	$0	—
Net Income	$84M	$42M	+100.0%

Revenue Segments

Cost Reimbursement

$473M33%

Time Share

$387M27%

Management And Exchange

$207M15%

Rental

$151M11%

Service, Other

$86M6%

Ancillary Revenues

$67M5%

Management Service

$54M4%

VAC Q3 2024 Earnings — Marriott Vacations Worldwide Corporation Revenue & Financial Results | Market Cap Arena