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Marriott Vacations Worldwide VAC Rental — Revenue from contracts with customers

Other product segments

Sale of vacation ownership products
$430M+16.2%
Exchange and other services revenues
$92M+5.7%
Ancillary revenues
$75M-1.3%
Management Service
$58M+3.6%

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Other financials

Income statement

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

Balance sheet

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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

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

Valuation

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

Profitability

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

Returns & leverage

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
REVENUES
Sale of vacation ownership products$430$370$773$725
Management and exchange225219441434
Rental173160349329
Financing9290184178
Cost reimbursements400407830780
TOTAL REVENUES1,3201,2462,5772,446
EXPENSES

Item 1. Financial Statements

FAQ

What is Marriott Vacations Worldwide's rental — revenue from contracts with customers?
Marriott Vacations Worldwide (VAC) reported rental — revenue from contracts with customers of $173M in Q2 2026.
How has Marriott Vacations Worldwide's rental — revenue from contracts with customers changed year-over-year?
Marriott Vacations Worldwide's rental — revenue from contracts with customers increased by 8.1% year-over-year, from $160M to $173M.
What is the long-term trend for Marriott Vacations Worldwide's rental — revenue from contracts with customers?
Over 4 years (2021 to 2025), Marriott Vacations Worldwide's rental — revenue from contracts with customers has grown at a 7.5% compound annual growth rate (CAGR), from $486M to $650M.
What does rental — revenue from contracts with customers mean?
This metric represents the total revenue generated from the rental of vacation ownership properties and associated leisure accommodations to transient guests. It reflects the company's ability to monetize inventory that is not currently occupied by vacation ownership interest holders. This revenue stream is a key indicator of the company's operational performance in the hospitality and leisure market.

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