MARRIOTT VACATIONS WORLDWIDE Corp
For the period ended Nov 4, 2026. Filed Nov 4, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Nov 4, 2026 · Filed Nov 4, 2026
VAC$110.42+3.0%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · ADJUSTED EBITDA
ADJUSTED EBITDA
| Three Months Ended | Nine Months Ended | |||
|---|---|---|---|---|
| September 30, 2026 | September 30, 2025 | September 30, 2026 | September 30, 2025 | |
| Net income (loss) attributable to common stockholders | $82 | $(2) | $181 | $123 |
| Interest expense, net | 43 | 43 | 130 | 125 |
| Provision for income taxes | 31 | 3 | 91 | 73 |
| Depreciation and amortization | 33 | 38 | 99 | 114 |
| Share-based compensation | 12 | 9 | 34 | 28 |
| Amortization of cloud computing software implementation costs | 2 | 2 | 5 | 4 |
| Certain items: | ||||
| Gain on disposition of hotel, land, and other | — | — | (2) | — |
| Foreign currency | (3) | (2) | 2 | (23) |
| Insurance proceeds | — | (8) | — | (16) |
| Change in indemnification asset | — | (1) | 5 | (4) |
| Change in estimates relating to pre-acquisition contingencies | — | — | (4) | (2) |
| Other | — | — | (2) | (3) |
| Gains and other income, net | (3) | (11) | (1) | (48) |
| Litigation charges | (2) | 4 | (1) | 16 |
| Modernization | 6 | 53 | 32 | 97 |
| Restructuring† | 10 | — | 16 | — |
| Impairment† | — | 31 | — | 33 |
| Other | 2 | — | 6 | — |
| Adjusted EBITDA* | $216 | $170 | $592 | $565 |
| Adjusted EBITDA Margin* | 23.4% | 20.9% | 22.2% | 22.8% |
| * Denotes non-GAAP financial measures. Please see “Non-GAAP Financial Measures” for additional information about our reasons for providing these alternative financial measures and limitations on their use. | ||||
| † Prior year amounts have been reclassified to conform with our current year presentation. Please see “Non-GAAP Financial Measures” for additional information. | ||||
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