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Marriott Vacations Worldwide VAC Vacation Ownership — Royalty fee

Similar metrics at other companies

Travel + Leisure logo
TNLVacation Ownership — Licensing fees
$24M+14.3%
Travel + Leisure logo
TNLVacation Ownership — Fee-for-Service expenses
$7M-30.0%
Travel + Leisure logo
TNLVacation Ownership — Cost of vacation ownership interests
$16M-30.4%
Travel + Leisure logo
TNLTravel and Membership — Licensing fees
$0
Avis Budget Group logo
CARRoyalty fee — Revenue
$46M+2.2%
Hilton Grand Vacations logo
HGVLicense fee expense — Expenses
$53M+8.2%

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:RoyaltyExpense.

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 vacation ownership — royalty fee?
Marriott Vacations Worldwide (VAC) reported vacation ownership — royalty fee of $28M in Q1 2026.
How has Marriott Vacations Worldwide's vacation ownership — royalty fee changed year-over-year?
Marriott Vacations Worldwide's vacation ownership — royalty fee decreased by 0.0% year-over-year, from $28M to $28M.
What is the long-term trend for Marriott Vacations Worldwide's vacation ownership — royalty fee?
Over 3 years (2022 to 2025), Marriott Vacations Worldwide's vacation ownership — royalty fee has grown at a -0.3% compound annual growth rate (CAGR), from -$114M to -$113M.
What does vacation ownership — royalty fee mean?
Fees paid to third-party brand licensors for the right to use established hospitality trademarks in the vacation ownership business. This represents a recurring operational cost necessary to maintain brand prestige and access global distribution networks. It is a critical component of the segment's cost structure.