MARRIOTT VACATIONS WORLDWIDE Corp (VAC) Operating Margin (2010 - 2026)

Marriott Vacations Worldwide (VAC) has reported Operating Margin for 17 consecutive years, with 4.77% the latest figure, recorded in 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 came in at 4.77% for Q1 2026 at Marriott Vacations Worldwide, up from 113.81% in the prior quarter.
• The five-year high for Operating Margin was 12.39% in Q2 2023, with the low at 113.81% in Q4 2025.
• Average Operating Margin over 5 years is 11.68%, with a median of 3.9% recorded in 2022.
• Across the five-year window, Operating Margin tumbled 10778 bps in 2022 and jumped 3748 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 54.23% in 2022, then soared by 69 bps to 16.74% in 2023, then fell by 9 bps to 18.23% in 2024, then slumped by 524 bps to 113.81% in 2025, then jumped by 104 bps to 4.77% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 4.77%, 113.81%, and 0.32% for Q1 2026, Q4 2025, and Q3 2025 respectively.