Marriott Vacations Worldwide Corporation ( (VAC) ) has released its Q1 earnings. Here is a breakdown of the information Marriott Vacations Worldwide Corporation presented to its investors.
Marriott Vacations Worldwide Corporation is a prominent global vacation company specializing in vacation ownership, exchange, rental, and resort management services, known for its extensive portfolio of iconic vacation brands and partnerships with major hotel chains. In its first quarter of 2025, the company reported a 3% increase in revenues excluding cost reimbursements, with a net income of $56 million and a diluted earnings per share of $1.46. The company also achieved an adjusted EBITDA of $192 million and returned $91 million to stockholders through stock repurchases and dividends. Key financial metrics for the quarter included consolidated vacation ownership contract sales of $420 million, though there was a slight decline in total contract sales compared to the previous year. Despite a decrease in VPG and a drop in revenues for the Exchange & Third-Party Management segment, the company maintained a strong segment adjusted EBITDA margin. Looking ahead, Marriott Vacations Worldwide remains optimistic, reiterating its full-year adjusted EBITDA outlook, reflecting confidence in its leisure-focused business model and ongoing transformation initiatives.