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The latest financial statement is for the year ending 2025-12-31.

Cash Flow Overview

Free Cash flow
-$29M
Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Proceeds from debt
    • Borrowings from securitization t...
    • Vacation ownership notes receiva...
    • Others
Negative Cash Flow Breakdown
    • Repayment of debt related to sec...
    • Repayments of debt
    • Vacation ownership notes receiva...
    • Others

Cash Flow
2025-12-31
Net income (loss)
-307
Depreciation and amortization of intangibles
149
Amortization of debt discount and issuance costs
24
Vacation ownership notes receivable reserve
222
Share-based compensation
38
Impairment
577
Gains and other income, net
0
Foreign currency remeasurement (gain) loss
22
Deferred income taxes
-103
Accounts and contracts receivable
40
Vacation ownership notes receivable originations
-1,030
Vacation ownership notes receivable collections
-679
Inventory
-27
Other assets
56
Accounts payable, advance deposits and accrued liabilities
-5
Deferred revenue and other
15
Payroll and benefit liabilities
-2
Deferred compensation liability
7
Other liabilities
-3
Purchase and development of property for future transfer to inventory
140
Other, net
-2
Net cash, cash equivalents, and restricted cash provided by operating activities
28
Capital expenditures for property and equipment (excluding inventory)
57
Purchase of company owned life insurance
16
Purchase and development of property for future sale
0
Dispositions, net
3
Net cash, cash equivalents, and restricted cash used in investing activities
-70
Borrowings from securitization transactions
1,397
Repayment of debt related to securitization transactions
1,387
Proceeds from debt
1,740
Repayments of debt
1,298
Finance lease incentive
0
Finance lease payment
7
Payment of debt and securitized debt issuance costs
26
Repurchase of common stock
61
Payment of dividends
110
Payment of withholding taxes on vesting of restricted stock units
7
Net cash, cash equivalents, and restricted cash provided by (used in) financing activities
241
Effect of changes in exchange rates on cash, cash equivalents, and restricted cash
6
Change in cash, cash equivalents, and restricted cash
205
Cash, cash equivalents, and restricted cash, beginning of year
528
Cash, cash equivalents, and restricted cash, end of year
733
Unit: Million (M) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Proceeds from debt$1,740M Vacation ownership notesreceivable collections-$679M Borrowings fromsecuritization transactions$1,397M Impairment$577M Vacation ownership notesreceivable reserve$222M Depreciation andamortization of intangibles$149M Share-based compensation$38M Inventory-$27M Amortization of debt discountand issuance costs$24M Deferred revenue andother$15M Deferred compensationliability$7M Net cash, cashequivalents, and restricted...$241M Net cash, cashequivalents, and restricted...$28M Effect of changes inexchange rates on cash,...$6M Canceled cashflow$2,896M Canceled cashflow$1,710M Change in cash, cashequivalents, and restricted...$205M Canceled cashflow$70M Repayment of debt relatedto securitization...$1,387M Repayments of debt$1,298M Payment of dividends$110M Repurchase of common stock$61M Payment of debt andsecuritized debt issuance...$26M Payment of withholdingtaxes on vesting of...$7M Finance lease payment$7M Dispositions, net$3M Vacation ownership notesreceivable originations-$1,030M Net income (loss)-$307M Purchase and developmentof property for...$140M Deferred income taxes-$103M Other assets$56M Accounts and contractsreceivable$40M Foreign currencyremeasurement (gain) loss$22M Accounts payable,advance deposits and...-$5M Other liabilities-$3M Other, net-$2M Payroll and benefitliabilities-$2M Net cash, cashequivalents, and restricted...-$70M Canceled cashflow$3M Capital expendituresfor property and...$57M Purchase of company ownedlife insurance$16M

MARRIOTT VACATIONS WORLDWIDE Corp (VAC)

MARRIOTT VACATIONS WORLDWIDE Corp (VAC)