Marriott Vacations Worldwide (VAC) Operating Margin (2011 - 2026)

Marriott Vacations Worldwide has reported Operating Margin for 16 years, with the latest figure at 10.0% in Q2 2026.

• On a quarterly basis, Operating Margin rose 326.0% year-over-year to 10.0% in Q2 2026; TTM through Jun 2026 was 5.48%, a 1294.0% decrease from a year earlier, with the FY2025 full-year figure at 5.76%, down 1333.0% from the prior year.
• Operating Margin was 10.0% for Q2 2026 at Marriott Vacations Worldwide, up from 4.77% in the prior quarter.
• The five-year high for Operating Margin was 16.93% in Q3 2022, with the low at 36.21% in Q4 2025.
• Average Operating Margin over 5 years is 6.49%, with a median of 8.77% recorded in 2024.
• The sharpest annual moves came in 2022 and 2025: Operating Margin jumped 1150 bps in 2022, then slumped 4178 bps in 2025.
• Over 5 years, Operating Margin stood at 13.97% in 2022, then tumbled by 56 bps to 6.11% in 2023, then decreased by 9 bps to 5.58% in 2024, then tumbled by 749 bps to 36.21% in 2025, then surged by 128 bps to 10.0% in 2026.
• The last three Operating Margin figures came in at 10.0% (Q2 2026), 4.77% (Q1 2026), and 36.21% (Q4 2025), per Business Quant data.