Marriott Vacations Worldwide (VAC) Gross Margin (2010 - 2026)

Marriott Vacations Worldwide's Gross Margin history runs 17 years deep, the most recent figure standing at 97.77% for Q1 2026.

• In Q1 2026, Gross Margin rose 11.0% year-over-year to 97.77%; the TTM figure through Mar 2026 stood at 76.52% (down 1250.0% YoY), while the FY2025 annual figure was 79.82%, down 31.0% from the prior year.
• Gross Margin was 97.77% for Q1 2026 at Marriott Vacations Worldwide, up from 30.3% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 97.77% in Q1 2026 to a low of 30.3% in Q4 2025.
• Historically, Gross Margin has averaged 83.23% across 5 years, with a median of 82.7% in 2022.
• The sharpest annual moves came in 2022 and 2023: Gross Margin sank 9071 bps in 2022, then jumped 4657 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 34.98% in 2022, then jumped by 133 bps to 81.55% in 2023, then decreased by 1 bps to 80.48% in 2024, then sank by 62 bps to 30.3% in 2025, then jumped by 223 bps to 97.77% in 2026.
• The last three Gross Margin figures came in at 97.77% (Q1 2026), 30.3% (Q4 2025), and 97.7% (Q3 2025), per Business Quant data.