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

Similar metrics at other companies

TNLNet loans

$152M-11.1%

TNLVacation Ownership — Assets, Net of Investment in Unconsolidated Subsidiaries

$5.11B-0.8%

HOGLoans receivable, net of allowances of $42 and $30 (Note 7)

$827.06M-83.8%

NNIOther investments and notes receivable, net

$954.12M-10.3%

HGVReal Estate Sales and Financing Segment — Accounts Receivable

$37M+85.0%

LAD

LADLoans receivable, net of allowances of $42 and $30 (Note 7)

$5.01B+23.9%

Questions, answered.

What is Marriott Vacations Worldwide's non-securitized — vacation ownership notes receivable, net of reserves?

Marriott Vacations Worldwide (VAC) reported non-securitized — vacation ownership notes receivable, net of reserves of $497M in Q1 2026.

How has Marriott Vacations Worldwide's non-securitized — vacation ownership notes receivable, net of reserves changed year-over-year?

Marriott Vacations Worldwide's non-securitized — vacation ownership notes receivable, net of reserves increased by 2.1% year-over-year, from $487M to $497M.

What is the long-term trend for Marriott Vacations Worldwide's non-securitized — vacation ownership notes receivable, net of reserves?

Over 4 years (2021 to 2025), Marriott Vacations Worldwide's non-securitized — vacation ownership notes receivable, net of reserves has grown at a 7.8% compound annual growth rate (CAGR), from $1.7B to $2.3B.

What does non-securitized — vacation ownership notes receivable, net of reserves mean?

This represents the total outstanding balance of consumer loans provided to vacation ownership purchasers that have not been sold or pledged in securitization transactions. It is reported net of allowances for credit losses and reflects the company's direct credit exposure to its customers. Monitoring this balance helps investors assess the quality of the company's internal loan portfolio and its reliance on balance sheet financing.