Marriot Vacations Worldwide (VAC)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 218,000 | 203,000 | 161,000 | 214,000 | 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 |
| Total assets | US$ in thousands | 9,808,000 | 9,740,000 | 9,611,000 | 9,867,000 | 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 |
| ROA | 2.22% | 2.08% | 1.68% | 2.17% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $218,000K ÷ $9,808,000K
= 2.22%
Marriot Vacations Worldwide's return on assets (ROA) has fluctuated over the provided period. From March 31, 2020, to December 31, 2020, the ROA was negative, indicating that the company was not effectively utilizing its assets to generate profits during that time. However, from March 31, 2022, to December 31, 2024, the ROA showed a positive trend, reaching a peak of 4.37% on March 31, 2023.
This improvement in ROA reflects better asset utilization and profitability over time. As of December 31, 2024, Marriot Vacations Worldwide's ROA stood at 2.22%, indicating that the company was generating a 2.22% return on every dollar of assets it possessed.
Overall, the upward trend in ROA from 2022 to 2024 suggests that Marriot Vacations Worldwide has been more efficient in utilizing its assets to generate profits, which is a positive sign for the company's financial performance.