Marriot Vacations Worldwide (VAC)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 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 | 3,019,000 | 3,112,000 | 3,264,000 | 3,346,000 |
| ROE | 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% | 4.57% | 3.47% | 2.48% | 1.29% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $254,000K ÷ $2,382,000K
= 10.66%
Marriott Vacations Worldwide Corp's return on equity (ROE) has shown fluctuation over the past eight quarters. In Q4 2023, the company reported an ROE of 10.66%, which decreased from the previous quarter but remained relatively stable compared to earlier periods. The ROE peaked at 16.95% in Q1 2023, indicating strong profitability and efficient use of shareholders' equity.
Overall, Marriott Vacations Worldwide Corp's ROE trend has been positive, with variations reflecting changes in the company's financial performance and efficiency in generating profits from shareholders' investments. It is essential for investors and stakeholders to monitor ROE consistently to assess the company's financial health and management's ability to deliver sustainable returns.