Skip to content
Screener

Marriott Vacations Worldwide VAC Management and exchange — Expenses

Other product segments

Rental
$140M+12.0%
Sale of vacation ownership products
$43M+4.9%

Similar metrics at other companies

Hilton Grand Vacations logo
HGVProperty management expense — Expenses
$37M+8.8%
Hilton Grand Vacations logo
HGVResort and club management — Expenses
$59M+9.3%
Xenia Hotels & Resorts logo
XHRManagement and franchise fees — Expenses
$12.1M+0.8%
Host Hotels & Resorts logo
HSTManagement fees — Expenses
$74M+5.7%
Hilton Grand Vacations logo
HGVResort Operations and Club Management Segment — Expenses
$275M+5.8%
Hilton Grand Vacations logo
HGVAcquisition and integration-related expense — Expenses
$12M-57.1%

Other financials

Income statement

See full
Revenue$1.3B+5.9%
Net income$77.0M+11.6%
EPS (diluted)$2.12+19.8%

Balance sheet

See full
Cash & equivalents$513.0M+9.6%
Total debt$3.9B-2.5%
Total equity$2.1B-17.2%
Total assets$9.5B-4.1%

Cash flow

See full
Operating cash flow$80.0M+267%
CapEx$14.0M-30.0%
Free cash flow$66.0M+197%

Valuation

See full
Market cap$4.28B+71.9%
Enterprise value$7.65B+27.5%
P/S0.8×+0.3×

Profitability

See full
Net margin-6.5%-11.6pp
FCF margin1.4%-1.9pp

Returns & leverage

See full
Return on equity-14.7%-25.4pp
Debt / equity1.9×+0.3×

Where this comes from

Reported directly by Marriott Vacations Worldwide in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Marriott Vacations Worldwide’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 9:24 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001524358-26-000037
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
EXPENSES
Cost of vacation ownership products43418983
Marketing and sales281237523471
Management and exchange121121241238
Rental140125280248
Financing42378373
Royalty fee29285756
General and administrative6261126122

Item 1. Financial Statements

FAQ

What is Marriott Vacations Worldwide's management and exchange — expenses?
Marriott Vacations Worldwide (VAC) reported management and exchange — expenses of $121M in Q2 2026.
How has Marriott Vacations Worldwide's management and exchange — expenses changed year-over-year?
Marriott Vacations Worldwide's management and exchange — expenses decreased by 0.0% year-over-year, from $121M to $121M.
What is the long-term trend for Marriott Vacations Worldwide's management and exchange — expenses?
Over 4 years (2021 to 2025), Marriott Vacations Worldwide's management and exchange — expenses has grown at a -2.2% compound annual growth rate (CAGR), from $521M to $476M.
What does management and exchange — expenses mean?
This metric captures the total operating costs and overhead associated with delivering management and exchange services to vacation ownership properties. It includes expenses related to resort operations, member services, and the administrative infrastructure required to support the exchange network. Monitoring this metric helps assess the operational efficiency and cost structure of the company's service-oriented business segment.

Ask your AI about Marriott Vacations Worldwide's management and exchange — expenses.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude