Marriot Vacations Worldwide (VAC)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 218,000 | 254,000 | 391,000 | 49,000 | -256,000 |
| Revenue | US$ in thousands | 4,967,000 | 4,727,000 | 4,617,000 | 3,890,000 | 2,886,000 |
| Net profit margin | 4.39% | 5.37% | 8.47% | 1.26% | -8.87% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $218,000K ÷ $4,967,000K
= 4.39%
The net profit margin of Marriot Vacations Worldwide has exhibited varying trends over the years. In December 2020, the company's net profit margin was at -8.87%, indicating a loss. However, there was a significant improvement by December 2021, with the net profit margin reaching 1.26%, suggesting a return to profitability. This positive trend continued into December 2022, with a notable increase to 8.47%, showcasing stronger profitability.
In December 2023, there was a slight decrease in the net profit margin to 5.37%, indicating a profitability dip compared to the previous year. By December 2024, the net profit margin further declined to 4.39%, suggesting a continuation of this downward trend in profitability.
Overall, while Marriot Vacations Worldwide has experienced fluctuations in its net profit margin, the company has demonstrated the ability to navigate challenges and achieve profitability in recent years. Monitoring future financial performance will be crucial to assess the company's ongoing strategy and operational effectiveness.