vs
Side-by-side financial comparison of Noble Corp plc (NE) 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 $764.4M, roughly 1.6× Noble Corp plc). Noble Corp plc runs the higher net margin — 11.3% vs -35.0%, a 46.3% gap on every dollar of revenue. On growth, MARRIOTT VACATIONS WORLDWIDE Corp posted the faster year-over-year revenue change (-0.7% vs -17.6%). Noble Corp plc produced more free cash flow last quarter ($35.4M vs $-6.0M). Over the past eight quarters, Noble Corp plc's revenue compounded faster (9.5% CAGR vs 5.2%).
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
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...
NE vs VAC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $764.4M | $1.2B |
| Net Profit | $86.6M | $-431.0M |
| Gross Margin | — | — |
| Operating Margin | 5.6% | — |
| Net Margin | 11.3% | -35.0% |
| Revenue YoY | -17.6% | -0.7% |
| Net Profit YoY | -10.4% | -962.0% |
| EPS (diluted) | $0.54 | $-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 | $764.4M | $1.2B | ||
| Q3 25 | $798.0M | $1.2B | ||
| Q2 25 | $848.7M | $1.2B | ||
| Q1 25 | $874.5M | $1.1B | ||
| Q4 24 | $927.3M | $1.2B | ||
| Q3 24 | $800.5M | $1.2B | ||
| Q2 24 | $692.8M | $1.1B | ||
| Q1 24 | $637.1M | $1.1B |
| Q4 25 | $86.6M | $-431.0M | ||
| Q3 25 | $-21.1M | $-2.0M | ||
| Q2 25 | $42.9M | $69.0M | ||
| Q1 25 | $108.3M | $56.0M | ||
| Q4 24 | $96.6M | $50.0M | ||
| Q3 24 | $61.2M | $84.0M | ||
| Q2 24 | $195.0M | $37.0M | ||
| Q1 24 | $95.5M | $47.0M |
| Q4 25 | 5.6% | — | ||
| Q3 25 | 6.3% | — | ||
| Q2 25 | 15.9% | — | ||
| Q1 25 | 21.4% | — | ||
| Q4 24 | 18.4% | — | ||
| Q3 24 | 14.4% | — | ||
| Q2 24 | 30.3% | — | ||
| Q1 24 | 16.9% | — |
| Q4 25 | 11.3% | -35.0% | ||
| Q3 25 | -2.6% | -0.2% | ||
| Q2 25 | 5.1% | 6.0% | ||
| Q1 25 | 12.4% | 5.0% | ||
| Q4 24 | 10.4% | 4.0% | ||
| Q3 24 | 7.6% | 6.9% | ||
| Q2 24 | 28.1% | 3.5% | ||
| Q1 24 | 15.0% | 4.2% |
| Q4 25 | $0.54 | $-12.00 | ||
| Q3 25 | $-0.13 | $-0.07 | ||
| Q2 25 | $0.27 | $1.77 | ||
| Q1 25 | $0.67 | $1.46 | ||
| Q4 24 | $0.56 | $1.29 | ||
| Q3 24 | $0.40 | $2.12 | ||
| Q2 24 | $1.34 | $0.98 | ||
| Q1 24 | $0.66 | $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 | $471.4M | $406.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.5B | $2.0B |
| Total Assets | $7.5B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $471.4M | $406.0M | ||
| Q3 25 | $477.9M | $474.0M | ||
| Q2 25 | $338.2M | $205.0M | ||
| Q1 25 | $303.8M | $196.0M | ||
| Q4 24 | $247.3M | $197.0M | ||
| Q3 24 | $391.9M | $197.0M | ||
| Q2 24 | $162.9M | $206.0M | ||
| Q1 24 | $212.5M | $237.0M |
| Q4 25 | $4.5B | $2.0B | ||
| Q3 25 | $4.5B | $2.5B | ||
| Q2 25 | $4.6B | $2.5B | ||
| Q1 25 | $4.7B | $2.4B | ||
| Q4 24 | $4.7B | $2.4B | ||
| Q3 24 | $4.7B | $2.4B | ||
| Q2 24 | $4.0B | $2.4B | ||
| Q1 24 | $3.9B | $2.4B |
| Q4 25 | $7.5B | $9.8B | ||
| Q3 25 | $7.6B | $10.1B | ||
| Q2 25 | $7.7B | $9.9B | ||
| Q1 25 | $7.9B | $9.9B | ||
| Q4 24 | $8.0B | $9.8B | ||
| Q3 24 | $8.0B | $9.7B | ||
| Q2 24 | $5.6B | $9.6B | ||
| Q1 24 | $5.4B | $9.9B |
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 | $187.1M | $6.0M |
| Free Cash FlowOCF − Capex | $35.4M | $-6.0M |
| FCF MarginFCF / Revenue | 4.6% | -0.5% |
| Capex IntensityCapex / Revenue | 19.9% | 1.0% |
| Cash ConversionOCF / Net Profit | 2.16× | — |
| TTM Free Cash FlowTrailing 4 quarters | $432.2M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.1M | $6.0M | ||
| Q3 25 | $277.1M | $62.0M | ||
| Q2 25 | $216.4M | $-48.0M | ||
| Q1 25 | $271.1M | $8.0M | ||
| Q4 24 | $136.2M | $100.0M | ||
| Q3 24 | $283.8M | $72.0M | ||
| Q2 24 | $106.8M | $30.0M | ||
| Q1 24 | $128.7M | $3.0M |
| Q4 25 | $35.4M | $-6.0M | ||
| Q3 25 | $139.5M | $51.0M | ||
| Q2 25 | $99.8M | $-68.0M | ||
| Q1 25 | $157.5M | $-6.0M | ||
| Q4 24 | $-4.4M | $86.0M | ||
| Q3 24 | $156.8M | $58.0M | ||
| Q2 24 | $-34.3M | $17.0M | ||
| Q1 24 | $-37.9M | $-13.0M |
| Q4 25 | 4.6% | -0.5% | ||
| Q3 25 | 17.5% | 4.3% | ||
| Q2 25 | 11.8% | -5.9% | ||
| Q1 25 | 18.0% | -0.5% | ||
| Q4 24 | -0.5% | 6.9% | ||
| Q3 24 | 19.6% | 4.8% | ||
| Q2 24 | -4.9% | 1.6% | ||
| Q1 24 | -6.0% | -1.2% |
| Q4 25 | 19.9% | 1.0% | ||
| Q3 25 | 17.3% | 0.9% | ||
| Q2 25 | 13.7% | 1.7% | ||
| Q1 25 | 13.0% | 1.3% | ||
| Q4 24 | 15.2% | 1.1% | ||
| Q3 24 | 15.9% | 1.1% | ||
| Q2 24 | 20.4% | 1.2% | ||
| Q1 24 | 26.2% | 1.4% |
| Q4 25 | 2.16× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.05× | -0.70× | ||
| Q1 25 | 2.50× | 0.14× | ||
| Q4 24 | 1.41× | 2.00× | ||
| Q3 24 | 4.64× | 0.86× | ||
| Q2 24 | 0.55× | 0.81× | ||
| Q1 24 | 1.35× | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
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% |
