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Marriott Vacations Worldwide VAC Non-securitized — Vacation ownership notes receivable, net

Similar metrics at other companies

Travel + Leisure logo
TNLNet loans
$152M-11.1%
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TNLVacation Ownership — Asset impairments/(recoveries), net
$2M
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TNLVacation Ownership — Assets, Net of Investment in Unconsolidated Subsidiaries
$5.11B-0.8%
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TNLVacation Ownership — Business Combination, Recognized Asset Acquired, Receivable, Current
$8M0.0%
Hannon Armstrong Sustainable Infrastructure Capital logo
HASISenior unsecured notes, net
$3.38B
Claros Mortgage Trust logo
CMTGLoans Receivable Held For Investment Net
$3.11B-45.8%

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:NotesReceivableFairValueDisclosure.

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 non-securitized — vacation ownership notes receivable, net?
Marriott Vacations Worldwide (VAC) reported non-securitized — vacation ownership notes receivable, net of $501M in Q1 2026.
How has Marriott Vacations Worldwide's non-securitized — vacation ownership notes receivable, net changed year-over-year?
Marriott Vacations Worldwide's non-securitized — vacation ownership notes receivable, net increased by 2.5% year-over-year, from $489M to $501M.
What is the long-term trend for Marriott Vacations Worldwide's non-securitized — vacation ownership notes receivable, net?
Over 4 years (2021 to 2025), Marriott Vacations Worldwide's non-securitized — vacation ownership notes receivable, net has grown at a 7.4% compound annual growth rate (CAGR), from $1.74B to $2.31B.
What does non-securitized — vacation ownership notes receivable, net mean?
This is the net carrying value of the non-securitized vacation ownership notes receivable after deducting the allowance for credit losses. It provides a more accurate representation of the expected realizable value of the company's financing assets. This figure is a primary indicator of the health and value of the company's internal loan portfolio.