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Side-by-side financial comparison of APA Corporation (APA) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
APA Corporation is the larger business by last-quarter revenue ($2.2B vs $1.2B, roughly 1.8× MARRIOTT VACATIONS WORLDWIDE Corp). APA Corporation runs the higher net margin — 15.0% vs -35.0%, a 50.0% gap on every dollar of revenue. On growth, MARRIOTT VACATIONS WORLDWIDE Corp posted the faster year-over-year revenue change (-0.7% vs -24.3%). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% CAGR vs 1.4%).
APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
APA vs VAC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $1.2B |
| Net Profit | $331.0M | $-431.0M |
| Gross Margin | — | — |
| Operating Margin | 32.5% | — |
| Net Margin | 15.0% | -35.0% |
| Revenue YoY | -24.3% | -0.7% |
| Net Profit YoY | -22.1% | -962.0% |
| EPS (diluted) | $0.79 | $-12.00 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.2B | $1.2B | ||
| Q3 25 | $2.3B | $1.2B | ||
| Q2 25 | $2.3B | $1.2B | ||
| Q1 25 | $2.7B | $1.1B | ||
| Q4 24 | $2.9B | $1.2B | ||
| Q3 24 | $2.7B | $1.2B | ||
| Q2 24 | $2.8B | $1.1B | ||
| Q1 24 | $2.1B | $1.1B |
| Q4 25 | $331.0M | $-431.0M | ||
| Q3 25 | $205.0M | $-2.0M | ||
| Q2 25 | $603.0M | $69.0M | ||
| Q1 25 | $418.0M | $56.0M | ||
| Q4 24 | $425.0M | $50.0M | ||
| Q3 24 | $-223.0M | $84.0M | ||
| Q2 24 | $541.0M | $37.0M | ||
| Q1 24 | $212.0M | $47.0M |
| Q4 25 | 32.5% | — | ||
| Q3 25 | 33.7% | — | ||
| Q2 25 | 31.8% | — | ||
| Q1 25 | 31.9% | — | ||
| Q4 24 | 31.4% | — | ||
| Q3 24 | -5.2% | — | ||
| Q2 24 | 34.4% | — | ||
| Q1 24 | 32.2% | — |
| Q4 25 | 15.0% | -35.0% | ||
| Q3 25 | 9.0% | -0.2% | ||
| Q2 25 | 26.0% | 6.0% | ||
| Q1 25 | 15.4% | 5.0% | ||
| Q4 24 | 14.6% | 4.0% | ||
| Q3 24 | -8.1% | 6.9% | ||
| Q2 24 | 19.0% | 3.5% | ||
| Q1 24 | 9.9% | 4.2% |
| Q4 25 | $0.79 | $-12.00 | ||
| Q3 25 | $0.57 | $-0.07 | ||
| Q2 25 | $1.67 | $1.77 | ||
| Q1 25 | $0.96 | $1.46 | ||
| Q4 24 | $0.97 | $1.29 | ||
| Q3 24 | $-0.60 | $2.12 | ||
| Q2 24 | $1.46 | $0.98 | ||
| Q1 24 | $0.44 | $1.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $516.0M | $406.0M |
| Total DebtLower is stronger | $4.3B | — |
| Stockholders' EquityBook value | $6.1B | $2.0B |
| Total Assets | $17.8B | $9.8B |
| Debt / EquityLower = less leverage | 0.70× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $516.0M | $406.0M | ||
| Q3 25 | $475.0M | $474.0M | ||
| Q2 25 | $107.0M | $205.0M | ||
| Q1 25 | $67.0M | $196.0M | ||
| Q4 24 | $625.0M | $197.0M | ||
| Q3 24 | $64.0M | $197.0M | ||
| Q2 24 | $160.0M | $206.0M | ||
| Q1 24 | $102.0M | $237.0M |
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.3B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $6.0B | — | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.7B | — | ||
| Q1 24 | $5.2B | — |
| Q4 25 | $6.1B | $2.0B | ||
| Q3 25 | $6.0B | $2.5B | ||
| Q2 25 | $5.9B | $2.5B | ||
| Q1 25 | $5.4B | $2.4B | ||
| Q4 24 | $5.3B | $2.4B | ||
| Q3 24 | $5.1B | $2.4B | ||
| Q2 24 | $5.4B | $2.4B | ||
| Q1 24 | $2.6B | $2.4B |
| Q4 25 | $17.8B | $9.8B | ||
| Q3 25 | $17.7B | $10.1B | ||
| Q2 25 | $18.1B | $9.9B | ||
| Q1 25 | $18.5B | $9.9B | ||
| Q4 24 | $19.4B | $9.8B | ||
| Q3 24 | $19.4B | $9.7B | ||
| Q2 24 | $20.2B | $9.6B | ||
| Q1 24 | $15.0B | $9.9B |
| Q4 25 | 0.70× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 1.13× | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 1.99× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $808.0M | $6.0M |
| Free Cash FlowOCF − Capex | — | $-6.0M |
| FCF MarginFCF / Revenue | — | -0.5% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | 2.44× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $808.0M | $6.0M | ||
| Q3 25 | $1.5B | $62.0M | ||
| Q2 25 | $1.2B | $-48.0M | ||
| Q1 25 | $1.1B | $8.0M | ||
| Q4 24 | $1.0B | $100.0M | ||
| Q3 24 | $1.3B | $72.0M | ||
| Q2 24 | $877.0M | $30.0M | ||
| Q1 24 | $368.0M | $3.0M |
| Q4 25 | — | $-6.0M | ||
| Q3 25 | — | $51.0M | ||
| Q2 25 | — | $-68.0M | ||
| Q1 25 | — | $-6.0M | ||
| Q4 24 | — | $86.0M | ||
| Q3 24 | — | $58.0M | ||
| Q2 24 | — | $17.0M | ||
| Q1 24 | — | $-13.0M |
| Q4 25 | — | -0.5% | ||
| Q3 25 | — | 4.3% | ||
| Q2 25 | — | -5.9% | ||
| Q1 25 | — | -0.5% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | — | 4.8% | ||
| Q2 24 | — | 1.6% | ||
| Q1 24 | — | -1.2% |
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 1.4% |
| Q4 25 | 2.44× | — | ||
| Q3 25 | 7.12× | — | ||
| Q2 25 | 1.96× | -0.70× | ||
| Q1 25 | 2.62× | 0.14× | ||
| Q4 24 | 2.44× | 2.00× | ||
| Q3 24 | — | 0.86× | ||
| Q2 24 | 1.62× | 0.81× | ||
| Q1 24 | 1.74× | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APA
| Oil And Gas Excluding Purchased | $1.7B | 76% |
| Oil And Gas Purchased | $323.0M | 15% |
| Oil Reserves | $114.0M | 5% |
| Other | $72.0M | 3% |
| Natural Gas Reserves | $30.0M | 1% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
