Marriott Vacations Worldwide Debt-to-Equity Ratio Growth & History (VAC)
Marriott Vacations Worldwide's debt-to-equity ratio was 1.81 for fiscal 2025.
View full Marriott Vacations Worldwide company overviewMarriott Vacations Worldwide annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.81 | 0.51 | +38.85% |
| 2024 | 2024-12-31 | 1.30 | −0.02 | −1.47% |
| 2023 | 2023-12-31 | 1.32 | 0.04 | +3.12% |
| 2022 | 2022-12-31 | 1.28 | 0.36 | +39.39% |
| 2021 | 2021-12-31 | 0.92 | −0.14 | −13.42% |
| 2020 | 2020-12-31 | 1.06 | 1.01 | +1844.96% |
| 2019 | 2019-12-31 | 0.05 | 0.05 | +1012.69% |
| 2018 | 2018-12-31 | 0.00 | −0.00 | −26.95% |
| 2017 | 2017-12-31 | 0.01 | — | — |
| 2014 | 2015-01-02 | 0.66 | 0.10 | +17.40% |
| 2013 | 2014-01-03 | 0.56 | −0.03 | −5.82% |
| 2012 | 2012-12-28 | 0.60 | −0.16 | −20.75% |
| 2011 | 2011-12-30 | 0.75 | 0.21 | +39.35% |
| 2010 | 2010-12-31 | 0.54 | — | — |
Marriott Vacations Worldwide quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.51 | 0.22 | +17.09% |
| Q1 2026 | 2026-03-31 | 1.64 | 0.35 | +26.66% |
| Q4 2025 | 2025-12-31 | 1.81 | 0.51 | +38.85% |
| Q3 2025 | 2025-09-30 | 1.43 | 0.18 | +14.12% |
| Q2 2025 | 2025-06-30 | 1.29 | −0.04 | −2.68% |
| Q1 2025 | 2025-03-31 | 1.29 | −0.01 | −1.04% |
| Q4 2024 | 2024-12-31 | 1.30 | −0.02 | −1.47% |
| Q3 2024 | 2024-09-30 | 1.26 | −0.00 | −0.22% |
| Q2 2024 | 2024-06-30 | 1.32 | 0.11 | +9.12% |
| Q1 2024 | 2024-03-31 | 1.31 | 0.04 | +3.56% |
| Q4 2023 | 2023-12-31 | 1.32 | 0.04 | +3.12% |
| Q3 2023 | 2023-09-30 | 1.26 | 0.21 | +20.24% |
| Q2 2023 | 2023-06-30 | 1.21 | 0.21 | +21.07% |
| Q1 2023 | 2023-03-31 | 1.26 | 0.29 | +29.16% |
| Q4 2022 | 2022-12-31 | 1.28 | 0.36 | +39.39% |
| Q3 2022 | 2022-09-30 | 1.05 | — | — |
| Q2 2022 | 2022-06-30 | 1.00 | — | — |
| Q1 2022 | 2022-03-31 | 0.98 | — | — |
| Q4 2021 | 2021-12-31 | 0.92 | −0.14 | −13.42% |
| Q4 2020 | 2020-12-31 | 1.06 | 1.01 | +1844.96% |
| Q4 2019 | 2019-12-31 | 0.05 | 0.05 | +1012.69% |
| Q3 2019 · Sep 30 | 2019-09-30 | 0.04 | — | — |
| Q2 2019 | 2019-06-30 | 0.05 | — | — |
| Q1 2019 | 2019-03-31 | 0.05 | — | — |
| Q4 2018 | 2018-12-31 | 0.00 | −0.00 | −26.95% |
| Q4 2017 | 2017-12-31 | 0.01 | — | — |
| Q4 2014 | 2015-01-02 | 0.66 | 0.10 | +17.40% |
| Q3 2014 | 2014-09-12 | 0.48 | −0.14 | −22.78% |
| Q2 2014 | 2014-06-20 | 0.49 | −0.06 | −10.70% |
| Q1 2014 | 2014-03-28 | 0.50 | −0.08 | −14.44% |
| Q4 2013 | 2014-01-03 | 0.56 | −0.03 | −5.82% |
| Q3 2013 | 2013-09-06 | 0.62 | −0.07 | −10.43% |
| Q2 2013 | 2013-06-14 | 0.54 | −0.08 | −12.13% |
| Q1 2013 | 2013-03-22 | 0.59 | −0.09 | −12.89% |
| Q4 2012 | 2012-12-28 | 0.60 | −0.16 | −20.75% |
| Q3 2012 | 2012-09-07 | 0.69 | 0.18 | +36.19% |
| Q2 2012 | 2012-06-15 | 0.62 | — | — |
| Q1 2012 | 2012-03-23 | 0.67 | — | — |
| Q4 2011 | 2011-12-30 | 0.75 | 0.21 | +40.01% |
| Q3 2011 | 2011-09-09 | 0.51 | — | — |
| Q4 2010 | 2010-12-31 | 0.54 | — | — |
Marriott Vacations Worldwide debt-to-equity ratio trends
Over the last five fiscal years, Marriott Vacations Worldwide's debt-to-equity ratio increased from 1.06 to 1.81, a change of 0.75. The latest reported quarter, Q2 2026, shows 1.51.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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