Marriot Vacations Worldwide
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Marriot Vacations Worldwide (VAC). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Vacation Ownership | $2.27B 88.0% | $3.27B 91.1% · +44.4% | $4.05B 93.3% · +23.8% | $4.15B 94.1% · +2.4% | $4.39B 95.0% · +5.8% | $4.45B 95.4% · +1.3% |
| Exchange & Third-Party Management | $309.0M 12.0% | $320.0M 8.9% · +3.6% | $291.0M 6.7% · -9.1% | $262.0M 5.9% · -10.0% | $231.0M 5.0% · -11.8% | $213.0M 4.6% · -7.8% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 14, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.