Marriott Vacations Worldwide (VAC) Gross Margin (2011 - 2026)
Marriott Vacations Worldwide (VAC) posted quarterly Gross Margin of 97.6% for Q1 2026, up 11.0% year-over-year from 87.92% in Q1 2025, and little changed quarter-over-quarter from 97.73% in Q4 2025.
Marriott Vacations Worldwide (VAC) Gross Margin (2011 - 2026) Analysis & Trends
Marriott Vacations Worldwide's Gross Margin history runs 16 years deep, the most recent figure standing at 97.6% for Q1 2026.
- In Q1 2026, Gross Margin rose 11.0% year-over-year to 97.6%; the TTM figure through Mar 2026 stood at 97.61% (up 7.0% YoY), while the FY2025 annual figure was 97.58%, up 5.0% from the prior year.
- Gross Margin for Q1 2026 stood at 97.6%, roughly flat from 97.73% in the prior quarter.
- The five-year high for Gross Margin was 97.73% in Q4 2025, with the low at 97.25% in Q2 2024.
- The 5-year median for Gross Margin is 97.53% (2025), against an average of 97.52%.
- The sharpest annual moves came in 2022 and 2025: Gross Margin jumped 100 bps in 2022, then declined 17 bps in 2025.
- Marriott Vacations Worldwide's Gross Margin stood at 97.47% in 2022, then increased by 0 bps to 97.57% in 2023, then climbed by 0 bps to 97.66% in 2024, then grew by 0 bps to 97.73% in 2025, then retreated by 0 bps to 97.6% in 2026.
- Business Quant data shows VAC's Gross Margin at 97.6% in Q1 2026, 97.73% in Q4 2025, and 97.53% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 57.23% |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 69.69% |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 61.15% |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 74.13% |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 68.09% |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 97.80% |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 36.75% |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 82.32% |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 55.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 97.80% |
| Mar 31, 2026 | 97.60% |
| Dec 31, 2025 | 97.73% |
| Sep 30, 2025 | 97.53% |
| Jun 30, 2025 | 97.58% |
| Mar 31, 2025 | 97.48% |
| Dec 31, 2024 | 97.66% |
| Sep 30, 2024 | 97.70% |
| Jun 30, 2024 | 97.25% |
| Mar 31, 2024 | 97.66% |
| Dec 31, 2023 | 97.57% |
| Sep 30, 2023 | 97.47% |
| Jun 30, 2023 | 97.36% |
| Mar 31, 2023 | 97.34% |
| Dec 31, 2022 | 97.47% |
| Sep 30, 2022 | 97.62% |
| Jun 30, 2022 | 97.34% |
| Mar 31, 2022 | 97.43% |
| Dec 31, 2021 | 96.63% |
| Sep 30, 2021 | 97.36% |