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Marriott Vacations Worldwide VAC Exchange & Third-Party Management — Capital expenditures (including inventory)

Other segment segments

Vacation Ownership
$302M+27.4%

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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$3.35B+0.6%

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:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Marriott Vacations Worldwide’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marriott Vacations Worldwide's exchange & third-party management — capital expenditures (including inventory)?
Marriott Vacations Worldwide (VAC) reported exchange & third-party management — capital expenditures (including inventory) of $0 in Q4 2025.
How has Marriott Vacations Worldwide's exchange & third-party management — capital expenditures (including inventory) changed year-over-year?
Marriott Vacations Worldwide's exchange & third-party management — capital expenditures (including inventory) decreased by 100.0% year-over-year, from $500K to $0.
What does exchange & third-party management — capital expenditures (including inventory) mean?
Represents the total cash outflows for acquiring or upgrading physical assets and inventory within the Exchange and Third-Party Management segment. This metric reflects the company's investment in maintaining or expanding the infrastructure required to support vacation exchange networks and management services.