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Side-by-side financial comparison of PACS Group, Inc. (PACS) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
PACS Group, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× MARRIOTT VACATIONS WORLDWIDE Corp). PACS Group, Inc. runs the higher net margin — 4.4% vs -35.0%, a 39.4% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs -0.7%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% CAGR vs 5.2%).
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...
PACS vs VAC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.2B |
| Net Profit | $59.7M | $-431.0M |
| Gross Margin | — | — |
| Operating Margin | 7.0% | — |
| Net Margin | 4.4% | -35.0% |
| Revenue YoY | 18.4% | -0.7% |
| Net Profit YoY | 3022.5% | -962.0% |
| EPS (diluted) | $0.42 | $-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 | $1.4B | $1.2B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.3B | $1.1B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $981.4M | $1.1B | ||
| Q1 24 | $934.3M | $1.1B |
| Q4 25 | $59.7M | $-431.0M | ||
| Q3 25 | $52.4M | $-2.0M | ||
| Q2 25 | $51.0M | $69.0M | ||
| Q1 25 | $28.5M | $56.0M | ||
| Q4 24 | $1.9M | $50.0M | ||
| Q3 24 | $15.6M | $84.0M | ||
| Q2 24 | $-10.9M | $37.0M | ||
| Q1 24 | $49.1M | $47.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 17.1% | — | ||
| Q2 24 | 22.3% | — | ||
| Q1 24 | 21.2% | — |
| Q4 25 | 7.0% | — | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 6.2% | — | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 1.7% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | 8.6% | — |
| Q4 25 | 4.4% | -35.0% | ||
| Q3 25 | 3.9% | -0.2% | ||
| Q2 25 | 3.9% | 6.0% | ||
| Q1 25 | 2.2% | 5.0% | ||
| Q4 24 | 0.2% | 4.0% | ||
| Q3 24 | 1.5% | 6.9% | ||
| Q2 24 | -1.1% | 3.5% | ||
| Q1 24 | 5.3% | 4.2% |
| Q4 25 | $0.42 | $-12.00 | ||
| Q3 25 | $0.32 | $-0.07 | ||
| Q2 25 | $0.31 | $1.77 | ||
| Q1 25 | $0.17 | $1.46 | ||
| Q4 24 | $-0.03 | $1.29 | ||
| Q3 24 | $0.10 | $2.12 | ||
| Q2 24 | $-0.07 | $0.98 | ||
| Q1 24 | $0.38 | $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 | $197.0M | $406.0M |
| Total DebtLower is stronger | $353.2M | — |
| Stockholders' EquityBook value | $946.8M | $2.0B |
| Total Assets | $5.6B | $9.8B |
| Debt / EquityLower = less leverage | 0.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $197.0M | $406.0M | ||
| Q3 25 | $355.7M | $474.0M | ||
| Q2 25 | $294.2M | $205.0M | ||
| Q1 25 | $287.5M | $196.0M | ||
| Q4 24 | $157.7M | $197.0M | ||
| Q3 24 | $49.5M | $197.0M | ||
| Q2 24 | $73.4M | $206.0M | ||
| Q1 24 | $81.2M | $237.0M |
| Q4 25 | $353.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $411.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $946.8M | $2.0B | ||
| Q3 25 | $871.3M | $2.5B | ||
| Q2 25 | $806.8M | $2.5B | ||
| Q1 25 | $750.2M | $2.4B | ||
| Q4 24 | $709.6M | $2.4B | ||
| Q3 24 | $660.0M | $2.4B | ||
| Q2 24 | $572.1M | $2.4B | ||
| Q1 24 | $128.0M | $2.4B |
| Q4 25 | $5.6B | $9.8B | ||
| Q3 25 | $5.6B | $10.1B | ||
| Q2 25 | $5.5B | $9.9B | ||
| Q1 25 | $5.5B | $9.9B | ||
| Q4 24 | $5.2B | $9.8B | ||
| Q3 24 | $4.5B | $9.7B | ||
| Q2 24 | $3.9B | $9.6B | ||
| Q1 24 | $3.9B | $9.9B |
| Q4 25 | 0.37× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.58× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-3.4M | $6.0M |
| Free Cash FlowOCF − Capex | — | $-6.0M |
| FCF MarginFCF / Revenue | — | -0.5% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | -0.06× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.4M | $6.0M | ||
| Q3 25 | $204.8M | $62.0M | ||
| Q2 25 | $52.6M | $-48.0M | ||
| Q1 25 | $150.2M | $8.0M | ||
| Q4 24 | $64.6M | $100.0M | ||
| Q3 24 | $209.2M | $72.0M | ||
| Q2 24 | $34.8M | $30.0M | ||
| Q1 24 | $58.8M | $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 | -0.06× | — | ||
| Q3 25 | 3.91× | — | ||
| Q2 25 | 1.03× | -0.70× | ||
| Q1 25 | 5.28× | 0.14× | ||
| Q4 24 | 33.78× | 2.00× | ||
| Q3 24 | 13.39× | 0.86× | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | 1.20× | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PACS
Segment breakdown not available.
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% |
