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

Marriott Vacations Worldwide's Operating Margin history runs 17 years deep, the most recent figure standing at 4.77% for Q1 2026.

• In Q1 2026, Operating Margin fell 364.0% year-over-year to 4.77%; the TTM figure through Mar 2026 stood at 31.63% (down 2711.0% YoY), while the FY2025 annual figure was 31.68%, down 1501.0% from the prior year.
• Operating Margin was 4.77% for Q1 2026 at Marriott Vacations Worldwide, up from 113.81% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 12.39% in Q2 2023 to a low of 113.81% in Q4 2025.
• Historically, Operating Margin has averaged 11.68% across 5 years, with a median of 3.9% in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 10778 bps in 2022, then jumped 3748 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 54.23% in 2022, then soared by 69 bps to 16.74% in 2023, then slipped by 9 bps to 18.23% in 2024, then sank by 524 bps to 113.81% in 2025, then jumped by 104 bps to 4.77% in 2026.
• The last three Operating Margin figures came in at 4.77% (Q1 2026), 113.81% (Q4 2025), and 0.32% (Q3 2025), per Business Quant data.