Marriott Vacations Worldwide Corporation
Marriott Vacations Worldwide Corporation, a vacation company, engages in the vacation ownership, exchange, rental, and resort and property management businesses in the United States and internationally. The company operates in two segments, Vacation Ownership and Exchange & Third-Party Management. It develops, markets, sells, and manages vacation ownership and related products under the Marriott … Read more
Marriott Vacations Worldwide Corporation (M8V) - Net Assets
Latest net assets as of September 2025: €2.46 Billion EUR
Based on the latest financial reports, Marriott Vacations Worldwide Corporation (M8V) has net assets worth €2.46 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.15 Billion) and total liabilities (€7.68 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.46 Billion |
| % of Total Assets | 24.29% |
| Annual Growth Rate | 8.5% |
| 5-Year Change | -8.99% |
| 10-Year Change | 150.03% |
| Growth Volatility | 71.27 |
Marriott Vacations Worldwide Corporation - Net Assets Trend (2014–2024)
This chart illustrates how Marriott Vacations Worldwide Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Marriott Vacations Worldwide Corporation (2014–2024)
The table below shows the annual net assets of Marriott Vacations Worldwide Corporation from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.44 Billion | +2.48% |
| 2023-12-31 | €2.38 Billion | -4.64% |
| 2022-12-31 | €2.50 Billion | -16.34% |
| 2021-12-31 | €2.99 Billion | +11.33% |
| 2020-12-31 | €2.68 Billion | -11.51% |
| 2019-12-31 | €3.03 Billion | -12.55% |
| 2018-12-31 | €3.47 Billion | +231.67% |
| 2017-12-31 | €1.05 Billion | +15.11% |
| 2016-12-31 | €907.82 Million | -7.01% |
| 2015-12-31 | €976.27 Million | -9.58% |
| 2014-12-31 | €1.08 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marriott Vacations Worldwide Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 454.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €852.00 Million | 34.89% |
| Other Components | €1.59 Billion | 65.11% |
| Total Equity | €2.44 Billion | 100.00% |
Marriott Vacations Worldwide Corporation Competitors by Market Cap
The table below lists competitors of Marriott Vacations Worldwide Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Commonwealth Financial
NYSE:FCF
|
$1.68 Billion |
|
Arion banki hf
ST:ARION-SDB
|
$1.68 Billion |
|
CSSC Steel Structure Engineering Co Ltd
SHG:600072
|
$1.68 Billion |
|
Sino-American Silicon Products
TWO:5483
|
$1.68 Billion |
|
Shanghai DZH Ltd
SHG:601519
|
$1.68 Billion |
|
Magnite Inc
NASDAQ:MGNI
|
$1.68 Billion |
|
Xinhu Zhongbao Co Ltd
SHG:600208
|
$1.67 Billion |
|
Meidensha Corporation
F:MW7
|
$1.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marriott Vacations Worldwide Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,382,000,000 to 2,442,000,000, a change of 60,000,000 (2.5%).
- Net income of 218,000,000 contributed positively to equity growth.
- Dividend payments of 107,000,000 reduced retained earnings.
- Share repurchases of 56,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €218.00 Million | +8.93% |
| Dividends Paid | €107.00 Million | -4.38% |
| Share Repurchases | €56.00 Million | -2.29% |
| Other Changes | €5.00 Million | +0.2% |
| Total Change | €- | 2.52% |
Book Value vs Market Value Analysis
This analysis compares Marriott Vacations Worldwide Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.44x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €39.49 | €57.00 | x |
| 2018-12-31 | €75.25 | €57.00 | x |
| 2019-12-31 | €72.60 | €57.00 | x |
| 2020-12-31 | €64.51 | €57.00 | x |
| 2021-12-31 | €70.38 | €57.00 | x |
| 2022-12-31 | €66.59 | €57.00 | x |
| 2023-12-31 | €66.75 | €57.00 | x |
| 2024-12-31 | €69.88 | €57.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marriott Vacations Worldwide Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.39%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 4.02x
- Recent ROE (8.93%) is above the historical average (8.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.48% | 6.78% | 0.47x | 2.34x | €-27.21 Million |
| 2015 | 12.58% | 8.74% | 0.59x | 2.46x | €25.17 Million |
| 2016 | 15.13% | 7.58% | 0.76x | 2.63x | €46.57 Million |
| 2017 | 21.70% | 11.62% | 0.67x | 2.78x | €122.28 Million |
| 2018 | 1.59% | 1.85% | 0.33x | 2.61x | €-291.10 Million |
| 2019 | 4.57% | 3.17% | 0.47x | 3.05x | €-163.90 Million |
| 2020 | -10.37% | -9.53% | 0.32x | 3.36x | €-540.10 Million |
| 2021 | 1.65% | 1.26% | 0.40x | 3.23x | €-248.60 Million |
| 2022 | 14.14% | 7.65% | 0.48x | 3.86x | €103.40 Million |
| 2023 | 10.66% | 5.37% | 0.49x | 4.06x | €15.80 Million |
| 2024 | 8.93% | 4.39% | 0.51x | 4.02x | €-26.20 Million |
Industry Comparison
This section compares Marriott Vacations Worldwide Corporation's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $18,043,169,497
- Average return on equity (ROE) among peers: 0.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marriott Vacations Worldwide Corporation (M8V) | €2.46 Billion | 7.48% | 3.12x | $1.68 Billion |
| Eldorado Resorts Inc (2ER) | $298.45 Million | 8.31% | 3.34x | $3.31 Billion |
| Resorttrust Inc (5FY) | $118.38 Billion | 9.30% | 2.56x | $1.72 Billion |
| Emma Villas S.p.A. (B1K) | $4.41 Million | -29.62% | 3.37x | $12.52K |
| Emperor Entertainment Hotel Limited (EM7A) | $5.88 Billion | 6.70% | 0.17x | $14.11 Million |
| Rich Goldman Holdings Limited (MRU3) | $1.08 Billion | -9.19% | 0.25x | $1.87 Million |
| Regenbogen AG (RGB) | $11.81 Million | 19.80% | 1.74x | $61.68K |
| Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco (RJ8) | $656.17 Million | -4.44% | 0.56x | $586.09 Million |