MARRIOTT VACATIONS WORLDWIDE Corp (VAC)

Marriott Vacations Worldwide Corp. is a global vacation company engaged in vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services. It operates through Vacation Ownership and Exchange & Third-Party Management. The Vacation Ownership segment develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, and Hyatt Residence Club brands. The Exchange and Third-Party Management segment consists of exchange networks and membership programs, as well as the management of resorts and lodging properties. The company was founded in 1984 and is headquartered in Orlando, FL.

Address

7812 PALM PARKWAY
ORLANDO, FL 32836

Founded

1984

Number of Employees

22,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$194,692 $135,680 $177,825 $88,308 $96,232 $464,786 $82,074 $77,705 $701,802 $282,886 $36,287 $212,571
Average Price $57.80 $68.96 $63.09 $115.00 $77.15 $98.24 $106.60 $157.77 $137.83 $119.47 $88.42 $97.29
# Shares Purchased 3,368,121 1,967,658 2,818,546 767,876 1,247,269 4,731,176 769,935 492,510 5,091,823 2,367,855 410,377 2,184,831
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 26.3% 5.9% 15.7% -36.5% -5.4% -25.7% -31.5% -53.7% -47.0% -38.9% -17.4% -25.0%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -155.6% -167.1% -152.9% -166.2% -110.2% -118.8% -106.4% -85.4% -84.3% -70.2% -24.8% -118.9%
Quartile Rank
Percentile Rank 40% 35% 37% 20% 34% 21% 14% 12% 13% 10% 16% 26%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.