Marriott Vacations Worldwide Corporation (VAC)

VAC Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	406	197	248	524	342
Cash & Short-Term Investments	406	197	248	524	342
Cash Growth	106.09%	-20.57%	-52.67%	53.22%	-34.73%
Accounts Receivable	428	240	260	194	172
Other Receivables	-	113	85	79	85
Receivables	2,993	2,793	2,688	2,471	2,302
Inventory	692	764	637	660	719
Restricted Cash	327	331	326	330	461
Other Current Assets	-	34	40	19	22
Total Current Assets	4,418	4,119	3,939	4,004	3,846
Property, Plant & Equipment	950	1,244	1,337	1,241	1,232
Goodwill	2,958	3,117	3,117	3,117	3,150
Other Intangible Assets	711	790	854	911	993
Other Long-Term Assets	720	538	433	366	392
Total Assets	9,757	9,808	9,680	9,639	9,613
Accounts Payable	358	343	362	356	265
Accrued Expenses	594	510	548	506	438
Current Portion of Long-Term Debt	-	177	-	-	224
Current Portion of Leases	-	43	-	-	-
Current Unearned Revenue	163	162	164	158	160
Total Current Liabilities	1,115	1,235	1,074	1,020	1,087
Long-Term Debt	5,680	4,849	5,145	4,940	4,180
Long-Term Leases	-	250	-	200	191
Long-Term Unearned Revenue	371	354	382	344	453
Long-Term Deferred Tax Liabilities	231	345	280	331	350
Other Long-Term Liabilities	367	334	417	306	366
Total Liabilities	7,764	7,367	7,298	7,141	6,627
Common Stock	1	1	1	1	1
Additional Paid-In Capital	3,996	3,975	3,955	3,941	4,072
Retained Earnings	434	852	742	593	275
Treasury Stock	-2,427	-2,378	-2,332	-2,054	-1,356
Comprehensive Income & Other	-11	-8	16	15	-16
Total Common Equity	1,993	2,442	2,382	2,496	2,976
Minority Interest	-	-1	-	2	10
Shareholders' Equity	1,993	2,441	2,382	2,498	2,986
Total Liabilities & Equity	9,757	9,808	9,680	9,639	9,613
Total Debt	5,680	5,319	5,145	5,140	4,595
Net Cash (Debt)	-5,274	-5,122	-4,897	-4,616	-4,253
Net Cash Per Share	-151.12	-121.66	-112.57	-102.12	-98.22
Filing Date Shares Outstanding	34.12	34.91	35.18	37.24	42.1
Total Common Shares Outstanding	34.12	34.88	35.32	37.48	42.28
Working Capital	3,303	2,884	2,865	2,984	2,759
Book Value Per Share	58.40	70.02	67.44	66.59	70.38
Tangible Book Value	-1,676	-1,465	-1,589	-1,532	-1,167
Tangible Book Value Per Share	-49.11	-42.00	-44.99	-40.87	-27.60
Land	-	427	428	420	441
Buildings	-	854	906	746	697
Machinery	-	148	139	119	136
Construction In Progress	-	43	52	91	37

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q