Marriot Vacations Worldwide (VAC)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 2,442,000 | 2,419,000 | 2,372,000 | 2,379,000 | 2,382,000 | 2,408,000 | 2,476,000 | 2,478,000 | 2,496,000 | 2,626,000 | 2,745,000 | 2,814,000 | 2,976,000 | 2,973,000 | 2,982,000 | 2,709,000 | 2,651,000 | 2,658,000 | 2,699,000 | 2,759,000 |
| ROE | 8.93% | 8.39% | 6.79% | 9.00% | 10.66% | 12.75% | 15.11% | 16.95% | 15.67% | 13.86% | 9.65% | 4.80% | 1.65% | -1.65% | -4.06% | -7.27% | -10.37% | -6.17% | -4.11% | 0.29% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $218,000K ÷ $2,442,000K
= 8.93%
Marriot Vacations Worldwide's Return on Equity (ROE) has shown fluctuations over the periods provided. The trend indicates that ROE started at a low negative level in June 2020, improving gradually and turning positive in December 2021. From March 2022 to December 2024, the ROE continued to increase steadily, reaching a peak of 16.95% in March 2023 before slightly declining.
The positive ROE values since December 2021 indicate that Marriot Vacations Worldwide has been generating profits in excess of what shareholders have invested in the company. The improvement in ROE over time suggests effective management of assets and equity financing, which has potentially increased shareholder value.
Overall, the trend in ROE for Marriot Vacations Worldwide from June 2020 to December 2024 shows a recovery from negative figures to positive levels, reflecting a strengthening financial performance and potentially signaling a positive outlook for the company's profitability and efficiency in generating returns for shareholders.