Marriot Vacations Worldwide (VAC)
Return on assets (ROA)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 254,000 | 307,000 | 374,000 | 420,000 | 391,000 | 364,000 | 265,000 | 135,000 | 49,000 | -49,000 | -121,000 | -197,000 | -275,000 | -164,000 | -111,000 | 8,000 | 138,000 | 108,000 | 81,000 | 43,000 |
| Total assets | US$ in thousands | 9,680,000 | 9,453,000 | 9,482,000 | 9,602,000 | 9,639,000 | 9,237,000 | 9,340,000 | 9,503,000 | 9,613,000 | 9,543,000 | 10,414,000 | 9,187,000 | 8,898,000 | 9,011,000 | 9,117,000 | 9,432,000 | 9,214,000 | 9,059,000 | 9,023,000 | 9,112,000 |
| ROA | 2.62% | 3.25% | 3.94% | 4.37% | 4.06% | 3.94% | 2.84% | 1.42% | 0.51% | -0.51% | -1.16% | -2.14% | -3.09% | -1.82% | -1.22% | 0.08% | 1.50% | 1.19% | 0.90% | 0.47% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $254,000K ÷ $9,680,000K
= 2.62%
Marriott Vacations Worldwide Corp's return on assets (ROA) has shown fluctuations over the past eight quarters. In Q4 2023, the ROA stands at 2.62%, a decrease from the previous quarter's 3.25%. The ROA peaked at 4.37% in Q1 2023, but saw a slight decline in the following quarters. Overall, the trend indicates volatility in the company's ability to generate profits from its assets efficiently. Further analysis is required to understand the factors influencing these fluctuations and to assess the company's long-term performance.