Marriott Vacations Worldwide (VAC) Operating Expenses (2010 - 2026)
Marriott Vacations Worldwide (VAC) posted quarterly Operating Expenses of $1.2 billion for Q1 2026, up 9.15% year-over-year from $1.1 billion in Q1 2025, and down 34.1% quarter-over-quarter from $1.8 billion in Q4 2025.
Marriott Vacations Worldwide (VAC) Operating Expenses (2010 - 2026) Analysis & Trends
Marriott Vacations Worldwide's Operating Expenses history runs 17 years deep, the most recent figure standing at $1.2 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 9.15% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $5.3 billion (up 18.2% YoY), while the FY2025 annual figure was $5.2 billion, up 16.35% from the prior year.
- Operating Expenses for Q1 2026 stood at $1.2 billion, down from $1.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.8 billion in Q4 2025, with the low at $911.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $1.1 billion (2025), against an average of $1.1 billion.
- Peak annual rise in Operating Expenses reached 44.93% in 2025, while the deepest fall reached 1.23% in 2025.
- Marriott Vacations Worldwide's Operating Expenses stood at $992.0 million in 2022, then gained by 10.08% to $1.1 billion in 2023, then climbed by 12.09% to $1.2 billion in 2024, then jumped by 44.93% to $1.8 billion in 2025, then sank by 34.1% to $1.2 billion in 2026.
- Business Quant data shows VAC's Operating Expenses at $1.2 billion in Q1 2026, $1.8 billion in Q4 2025, and $1.2 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.10 Bn | 26.73 Bn | 1.81 Bn | 2.54 Bn |
| 2 | MGM Resorts International | 10.94 Bn | 8.39 Bn | 3.10 Bn | 3.97 Bn |
| 3 | Wynn Resorts | 10.22 Bn | 8.64 Bn | 1.14 Bn | 1.56 Bn |
| 4 | Boyd Gaming | 6.06 Bn | 5.74 Bn | 766.76 Mn | 833.69 Mn |
| 5 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 2.48 Bn |
| 6 | Vail Resorts | 5.35 Bn | 4.98 Bn | - | - |
| 7 | Marriott Vacations Worldwide | 3.84 Bn | 3.53 Bn | 1.29 Bn | 1.16 Bn |
| 8 | Hilton Grand Vacations | 3.56 Bn | 3.29 Bn | 499.00 Mn | 1.27 Bn |
| 9 | Red Rock Resorts | 3.54 Bn | 2.94 Bn | 420.02 Mn | 374.27 Mn |
| 10 | PENN Entertainment | 2.46 Bn | 1.57 Bn | 1.02 Bn | 1.73 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 Bn |
| Mar 31, 2026 | 1.17 Bn |
| Dec 31, 2025 | 1.77 Bn |
| Sep 30, 2025 | 1.23 Bn |
| Jun 30, 2025 | 1.13 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 1.22 Bn |
| Sep 30, 2024 | 1.16 Bn |
| Jun 30, 2024 | 1.04 Bn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | 1.09 Bn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 1.00 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 992.00 Mn |
| Sep 30, 2022 | 1.01 Bn |
| Jun 30, 2022 | 957.00 Mn |
| Mar 31, 2022 | 911.00 Mn |
| Dec 31, 2021 | 935.00 Mn |
| Sep 30, 2021 | 896.00 Mn |