Marriott Vacations Q4 2024 Earnings Report
Key Takeaways
Marriott Vacations Worldwide reported a strong end to the year with a 7% increase in consolidated vacation ownership contract sales. Net income attributable to common stockholders was $50 million, with diluted earnings per share at $1.30. The company anticipates generating $150 million to $200 million in run-rate benefits from strategic initiatives by the end of 2026.
Consolidated Vacation Ownership contract sales increased 7% year-over-year to $477 million.
Net income attributable to common stockholders was $50 million and diluted earnings per share was $1.30.
Adjusted net income attributable to common stockholders was $73 million and adjusted diluted earnings per share was $1.86.
Adjusted EBITDA was $185 million.
Marriott Vacations
Marriott Vacations
Forward Guidance
The company is providing guidance for the full year 2025. Contract sales are expected to be between $1,850 million and $1,925 million. Adjusted EBITDA is projected to be between $750 million and $780 million. Adjusted net income attributable to common stockholders is expected to be between $250 million and $280 million, with adjusted earnings per share between $6.30 and $7.00. Adjusted free cash flow is projected to be between $290 million and $350 million.
Positive Outlook
- Contract sales $1,850 to $1,925 million
- Adjusted EBITDA $750 to $780 million
- Adjusted net income attributable to common stockholders $250 to $280 million
- Adjusted earnings per share - diluted $6.30 to $7.00
- Adjusted free cash flow $290 to $350 million