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Royalty expense at other companies

Construction Partners logo
Construction PartnersROAD
$800K0.0%
Ondas, Inc.
 logo
Ondas, Inc. ONDS
$85.5K+23.5%
Marriott Vacations Worldwide logo
Marriott Vacations WorldwideVAC
$28M0.0%
Hasbro logo
HasbroHAS
$77.7M+36.3%
Ondas, Inc.
 logo
Ondas, Inc. ONDS
$85.5K+23.5%
Inter Parfums logo
Inter ParfumsIPAR
$23.45M+11.6%

Segments

By segment

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Vacation Ownership$28M0.0%

Other financials

Income statement

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Revenue$1.3B+4.8%
Net income$22.0M-60.7%
EPS (diluted)$0.64-56.2%

Balance sheet

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Cash & equivalents$596.0M+22.4%
Total debt$4.0B+2.9%
Total equity$2.0B-18.2%
Total assets$9.6B-2.5%

Cash flow

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Operating cash flow-$4.0M-150%
CapEx$8.0M-42.9%
Free cash flow-$12.0M-100%

Valuation

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Market cap$3.36B+0.6%
Enterprise value$6.81B+0.3%
P/S0.7×0.0×

Profitability

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Net margin-6.7%-11.3pp
FCF margin1.4%-1.9pp

Returns & leverage

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Return on equity-15.5%-24.9pp
Debt / equity+0.4×

Where this comes from

Reported directly by Marriott Vacations Worldwide in its filing.

Tagged under the XBRL concept us-gaap:RoyaltyExpense.

The official record: Marriott Vacations Worldwide’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marriott Vacations Worldwide's royalty expense?
Marriott Vacations Worldwide (VAC) reported royalty expense of $28M in Q1 2026.
How has Marriott Vacations Worldwide's royalty expense changed year-over-year?
Marriott Vacations Worldwide's royalty expense decreased by 0.0% year-over-year, from $28M to $28M.
What is the long-term trend for Marriott Vacations Worldwide's royalty expense?
Over 4 years (2021 to 2025), Marriott Vacations Worldwide's royalty expense has grown at a 1.6% compound annual growth rate (CAGR), from $106M to $113M.
What does royalty expense mean?
Reflects the fees paid to third-party brand owners for the right to use specific trademarks and intellectual property in the company's resort operations. This expense is a critical component of the brand-licensing business model and directly impacts operating margins.