Marriott Vacations Worldwide Corporation (VAC)

VAC Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	4,753	4,727	4,656	3,890	2,886	4,259
Revenue Growth (YoY)	-0.42%	1.52%	19.69%	34.79%	-32.24%	43.50%
Cost of Revenue	2,824	2,792	2,557	2,331	2,095	2,452
Gross Profit	1,929	1,935	2,099	1,559	791	1,807
Selling, General & Admin	1,104	1,096	1,056	844	540	996
Other Operating Expenses	345	340	384	375	415	471
Operating Expenses	1,449	1,436	1,440	1,219	955	1,467
Operating Income	480	499	659	340	-164	340
Interest Expense / Income	151	145	118	164	150	132
Other Expense / Income	-25	-46	-41	53	45	-13
Pretax Income	354	400	582	123	-359	221
Income Tax	140	146	191	74	-84	83
Net Income	214	254	391	49	-275	138
Net Income Growth	-49.05%	-35.04%	697.96%	-	-	150.91%
Shares Outstanding (Basic)	35	36	38	43	41	42
Shares Change	-5.52%	-7.31%	-10.04%	3.73%	-2.33%	-10.62%
EPS (Basic)	5.94	6.96	9.69	1.15	-6.65	3.13
EPS (Diluted)	5.43	6.28	8.77	1.13	-6.65	3.09
EPS Growth	-43.73%	-28.39%	676.11%	-	-	91.93%
Free Cash Flow	139	114	457	296	258	336
Free Cash Flow Per Share	3.95	3.21	11.93	6.95	6.28	7.99
Dividend Per Share	2.960	2.920	2.580	1.080	0.540	1.890
Dividend Growth	10.45%	13.18%	138.89%	100.00%	-71.43%	14.55%
Gross Margin	40.58%	40.94%	45.08%	40.08%	27.41%	42.43%
Operating Margin	10.10%	10.56%	14.15%	8.74%	-5.68%	7.98%
Profit Margin	4.50%	5.37%	8.40%	1.26%	-9.53%	3.24%
Free Cash Flow Margin	2.92%	2.41%	9.82%	7.61%	8.94%	7.89%
Effective Tax Rate	39.55%	36.50%	32.82%	60.16%	-	37.56%
EBITDA	646	680	832	433	-86	494
EBITDA Margin	13.59%	14.39%	17.87%	11.13%	-2.98%	11.60%
Depreciation & Amortization	141	135	132	146	123	141
EBIT	505	545	700	287	-209	353
EBIT Margin	10.62%	11.53%	15.03%	7.38%	-7.24%	8.29%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).