VAC Q4 2023 Earnings — Marriott Vacations Worldwide Corporation Revenue & Financial Results | Market Cap Arena

VACMarriott Vacations Worldwide Corporation

$2B

Q4 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$1.2B+43.5% YoY

Gross Profit

$467M39.1% margin

Operating Income

$142M11.9% margin

Net Income

$35M2.9% margin

EPS (Diluted)

$0.93

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$57M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$7.3B

Stockholders' Equity

$2.4B

Cash & Equivalents

$248M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$832M	+43.5%
Gross Profit	$467M	$501M	-6.8%
Operating Income	$142M	$235M	-39.6%
Net Income	$35M	$88M	-60.2%

Revenue Segments

Time Share

$750M41%

Management And Exchange

$393M22%

Rental

$287M16%

Service, Other

$166M9%

Ancillary Revenues

$123M7%

Management Service

$104M6%