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MARRIOTT VACATIONS WORLDWIDE Corp (VAC)

MARRIOTT VACATIONS WORLDWIDE Corp (VAC)

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Cash Flow Overview

Free Cash flow
$66M
Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Borrowings from securitization t...
    • Proceeds from debt
    • Vacation ownership notes receiva...
    • Others
Negative Cash Flow Breakdown
    • Repayments of debt
    • Repayment of debt related to sec...
    • Vacation ownership notes receiva...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
77
22
-431
-2
Depreciation and amortization of intangibles
32
34
35
38
Amortization of debt discount and issuance costs
6
5
6
6
Vacation ownership notes and contracts receivable reserve
72
50
57
57
Share-based compensation
12
10
10
9
Impairment
0
0
577
-
Impairment charges
-
-
-
31
Gains and other income, net
-
-
0
-
Foreign currency remeasurement loss (gain)
-2
-3
2
3
Deferred income taxes
-15
-1
-118
19
Accounts and contracts receivable
18
-15
27
21
Vacation ownership notes receivable originations
-271
-241
-264
-278
Vacation ownership notes receivable collections
-186
-185
-160
-178
Inventory
-5
-11
-5
-23
Other assets
-105
122
83
-76
Accounts payable, advance deposits and accrued liabilities
-55
-47
67
36
Deferred revenue and other
-49
95
27
-54
Payroll and benefit liabilities
-7
4
17
27
Deferred compensation liability
3
-8
4
4
Other liabilities
-5
-15
3
1
Purchase and development of property for future transfer to inventory
0
0
6
134
Other, net
0
-4
0
0
Net cash, cash equivalents and restricted cash provided by (used in) operating activities
80
-4
6
62
Proceeds from disposition of entity
0
50
-
-
Capital expenditures for property and equipment (excluding inventory)
14
8
12
11
Purchase of company owned life insurance
0
0
2
4
Purchase and development of property for future sale
-
-
0
0
Other, net
-
-
-
-2
Other dispositions, net
0
-
2
-
Net cash, cash equivalents and restricted cash provided by (used in) investing activities
-14
42
-13
-14
Borrowings from securitization transactions
628
354
470
113
Repayment of debt related to securitization transactions
576
198
429
197
Proceeds from debt
525
885
0
935
Repayments of debt
692
1,152
2
597
Finance lease incentive
-
-
0
-
Finance lease payment
1
2
2
2
Payment of debt and securitized debt issuance costs
6
0
6
8
Repurchase of common stock
0
0
25
0
Payment of dividends
27
55
0
27
Payment of withholding taxes on vesting of restricted stock units
0
6
1
0
Net cash, cash equivalents and restricted cash (used in) provided by financing activities
-149
-174
5
217
Effect of changes in exchange rates on cash, cash equivalents and restricted cash
0
-1
2
0
Change in cash, cash equivalents and restricted cash
-83
-137
0
265
Cash, cash equivalents and restricted cash, beginning of period
596
733
733
528
Cash, cash equivalents and restricted cash, end of period
513
596
733
733
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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

Cash Flow

Vacation ownership notesreceivable collections-$186M (45.45%↑ Y/Y)Other assets-$105M (-314.29%↓ Y/Y)Net income$77M (-38.89%↓ Y/Y)Vacation ownership notesand contracts...$72M (-33.33%↓ Y/Y)Depreciation andamortization of intangibles$32M (-57.89%↓ Y/Y)Share-based compensation$12M (-36.84%↓ Y/Y)Amortization of debt discountand issuance costs$6M (-50.00%↓ Y/Y)Inventory-$5M (-600.00%↓ Y/Y)Deferred compensationliability$3M (400.00%↑ Y/Y)Foreign currencyremeasurement loss (gain)-$2M (-111.76%↓ Y/Y)Net cash, cashequivalents and restricted...$80M (300.00%↑ Y/Y)Canceled cashflow$420M Change in cash, cashequivalents and restricted...-$83M (-38.33%↓ Y/Y)Canceled cashflow$80M Borrowings fromsecuritization transactions$628M (-22.85%↓ Y/Y)Proceeds from debt$525M (-34.78%↓ Y/Y)Vacation ownership notesreceivable originations-$271M (44.47%↑ Y/Y)Accounts payable,advance deposits and...-$55M (49.07%↑ Y/Y)Deferred revenue andother-$49M (-216.67%↓ Y/Y)Accounts and contractsreceivable$18M (325.00%↑ Y/Y)Deferred income taxes-$15M (-275.00%↓ Y/Y)Payroll and benefitliabilities-$7M (84.78%↑ Y/Y)Other liabilities-$5M (28.57%↑ Y/Y)Net cash, cashequivalents and restricted...-$149M (-884.21%↓ Y/Y)Canceled cashflow$1,153M Net cash, cashequivalents and restricted...-$14M (67.44%↑ Y/Y)Repayments of debt$692M (-1.00%↓ Y/Y)Repayment of debt relatedto securitization...$576M (-24.31%↓ Y/Y)Payment of dividends$27M (-67.47%↓ Y/Y)Payment of debt andsecuritized debt issuance...$6M (-50.00%↓ Y/Y)Finance lease payment$1M (-66.67%↓ Y/Y)Capital expendituresfor property and...$14M (-58.82%↓ Y/Y)