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Side-by-side financial comparison of Fortune Brands Innovations, Inc. (FBIN) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
MARRIOTT VACATIONS WORLDWIDE Corp is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× Fortune Brands Innovations, Inc.). Fortune Brands Innovations, Inc. runs the higher net margin — 7.1% vs -35.0%, a 42.1% gap on every dollar of revenue. On growth, MARRIOTT VACATIONS WORLDWIDE Corp posted the faster year-over-year revenue change (-0.7% vs -2.4%). Fortune Brands Innovations, Inc. produced more free cash flow last quarter ($183.7M vs $-6.0M). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% CAGR vs -1.5%).
Fortune Brands Innovations, Inc. is an American manufacturer of home and security products, headquartered in Deerfield, Illinois. Its portfolio of businesses and brands includes Moen and the House of Rohl; outdoor living and security products from Therma-Tru, Larson, Fiberon, Master Lock and SentrySafe; and MasterBrand Cabinets. Fortune Brands is a Fortune 500 company and part of the S&P 400 Index. As of December 31, 2021, the company reported employing approximately 28,000 associates and pos...
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...
FBIN vs VAC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.2B |
| Net Profit | $76.3M | $-431.0M |
| Gross Margin | 43.8% | — |
| Operating Margin | 11.3% | — |
| Net Margin | 7.1% | -35.0% |
| Revenue YoY | -2.4% | -0.7% |
| Net Profit YoY | -27.3% | -962.0% |
| EPS (diluted) | $0.63 | $-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 | $1.1B | $1.2B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | $1.1B | $1.1B |
| Q4 25 | $76.3M | $-431.0M | ||
| Q3 25 | $70.8M | $-2.0M | ||
| Q2 25 | $100.3M | $69.0M | ||
| Q1 25 | $51.4M | $56.0M | ||
| Q4 24 | $105.0M | $50.0M | ||
| Q3 24 | $136.6M | $84.0M | ||
| Q2 24 | $133.9M | $37.0M | ||
| Q1 24 | $96.4M | $47.0M |
| Q4 25 | 43.8% | — | ||
| Q3 25 | 45.2% | — | ||
| Q2 25 | 45.1% | — | ||
| Q1 25 | 44.0% | — | ||
| Q4 24 | 46.0% | — | ||
| Q3 24 | 45.9% | — | ||
| Q2 24 | 43.6% | — | ||
| Q1 24 | 43.9% | — |
| Q4 25 | 11.3% | — | ||
| Q3 25 | 11.0% | — | ||
| Q2 25 | 14.3% | — | ||
| Q1 25 | 9.4% | — | ||
| Q4 24 | 16.1% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 16.1% | — | ||
| Q1 24 | 14.0% | — |
| Q4 25 | 7.1% | -35.0% | ||
| Q3 25 | 6.2% | -0.2% | ||
| Q2 25 | 8.3% | 6.0% | ||
| Q1 25 | 5.0% | 5.0% | ||
| Q4 24 | 9.5% | 4.0% | ||
| Q3 24 | 11.8% | 6.9% | ||
| Q2 24 | 10.8% | 3.5% | ||
| Q1 24 | 8.7% | 4.2% |
| Q4 25 | $0.63 | $-12.00 | ||
| Q3 25 | $0.59 | $-0.07 | ||
| Q2 25 | $0.83 | $1.77 | ||
| Q1 25 | $0.42 | $1.46 | ||
| Q4 24 | $0.84 | $1.29 | ||
| Q3 24 | $1.09 | $2.12 | ||
| Q2 24 | $1.06 | $0.98 | ||
| Q1 24 | $0.76 | $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 | $264.0M | $406.0M |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $2.4B | $2.0B |
| Total Assets | $6.5B | $9.8B |
| Debt / EquityLower = less leverage | 1.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $264.0M | $406.0M | ||
| Q3 25 | $223.9M | $474.0M | ||
| Q2 25 | $234.7M | $205.0M | ||
| Q1 25 | $340.0M | $196.0M | ||
| Q4 24 | $381.1M | $197.0M | ||
| Q3 24 | $344.8M | $197.0M | ||
| Q2 24 | $352.6M | $206.0M | ||
| Q1 24 | $359.7M | $237.0M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
| Q4 25 | $2.4B | $2.0B | ||
| Q3 25 | $2.4B | $2.5B | ||
| Q2 25 | $2.3B | $2.5B | ||
| Q1 25 | $2.3B | $2.4B | ||
| Q4 24 | $2.4B | $2.4B | ||
| Q3 24 | $2.4B | $2.4B | ||
| Q2 24 | $2.3B | $2.4B | ||
| Q1 24 | $2.3B | $2.4B |
| Q4 25 | $6.5B | $9.8B | ||
| Q3 25 | $6.5B | $10.1B | ||
| Q2 25 | $6.6B | $9.9B | ||
| Q1 25 | $6.6B | $9.9B | ||
| Q4 24 | $6.6B | $9.8B | ||
| Q3 24 | $6.6B | $9.7B | ||
| Q2 24 | $6.7B | $9.6B | ||
| Q1 24 | $6.8B | $9.9B |
| Q4 25 | 1.07× | — | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 1.16× | — | ||
| Q4 24 | 1.10× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.15× | — | ||
| Q1 24 | 1.17× | — |
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 | $208.2M | $6.0M |
| Free Cash FlowOCF − Capex | $183.7M | $-6.0M |
| FCF MarginFCF / Revenue | 17.0% | -0.5% |
| Capex IntensityCapex / Revenue | 2.3% | 1.0% |
| Cash ConversionOCF / Net Profit | 2.73× | — |
| TTM Free Cash FlowTrailing 4 quarters | $366.8M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $208.2M | $6.0M | ||
| Q3 25 | $204.4M | $62.0M | ||
| Q2 25 | $149.4M | $-48.0M | ||
| Q1 25 | $-83.4M | $8.0M | ||
| Q4 24 | $272.3M | $100.0M | ||
| Q3 24 | $205.3M | $72.0M | ||
| Q2 24 | $261.5M | $30.0M | ||
| Q1 24 | $-71.3M | $3.0M |
| Q4 25 | $183.7M | $-6.0M | ||
| Q3 25 | $177.0M | $51.0M | ||
| Q2 25 | $118.7M | $-68.0M | ||
| Q1 25 | $-112.6M | $-6.0M | ||
| Q4 24 | $212.1M | $86.0M | ||
| Q3 24 | $175.6M | $58.0M | ||
| Q2 24 | $222.7M | $17.0M | ||
| Q1 24 | $-135.9M | $-13.0M |
| Q4 25 | 17.0% | -0.5% | ||
| Q3 25 | 15.4% | 4.3% | ||
| Q2 25 | 9.9% | -5.9% | ||
| Q1 25 | -10.9% | -0.5% | ||
| Q4 24 | 19.2% | 6.9% | ||
| Q3 24 | 15.2% | 4.8% | ||
| Q2 24 | 18.0% | 1.6% | ||
| Q1 24 | -12.2% | -1.2% |
| Q4 25 | 2.3% | 1.0% | ||
| Q3 25 | 2.4% | 0.9% | ||
| Q2 25 | 2.6% | 1.7% | ||
| Q1 25 | 2.8% | 1.3% | ||
| Q4 24 | 5.5% | 1.1% | ||
| Q3 24 | 2.6% | 1.1% | ||
| Q2 24 | 3.1% | 1.2% | ||
| Q1 24 | 5.8% | 1.4% |
| Q4 25 | 2.73× | — | ||
| Q3 25 | 2.89× | — | ||
| Q2 25 | 1.49× | -0.70× | ||
| Q1 25 | -1.62× | 0.14× | ||
| Q4 24 | 2.59× | 2.00× | ||
| Q3 24 | 1.50× | 0.86× | ||
| Q2 24 | 1.95× | 0.81× | ||
| Q1 24 | -0.74× | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FBIN
| Wholesale Retail Trade | $526.7M | 49% |
| Home Center Retailer | $257.1M | 24% |
| Security Segment | $165.8M | 15% |
| Other Retailer | $118.2M | 11% |
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% |
