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Side-by-side financial comparison of PRICESMART INC (PSMT) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
PRICESMART INC is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× MARRIOTT VACATIONS WORLDWIDE Corp). PRICESMART INC runs the higher net margin — 2.9% vs -35.0%, a 37.9% gap on every dollar of revenue. On growth, PRICESMART INC posted the faster year-over-year revenue change (9.9% vs -0.7%). PRICESMART INC produced more free cash flow last quarter ($32.6M vs $-6.0M). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% CAGR vs 3.5%).
PRICESMART INCPSMTEarnings & Financial Report
PriceSmart, Inc. is a United States based operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of Price Club; Robert Price is chairman of the board.
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...
PSMT vs VAC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.2B |
| Net Profit | $40.2M | $-431.0M |
| Gross Margin | 17.7% | — |
| Operating Margin | 4.6% | — |
| Net Margin | 2.9% | -35.0% |
| Revenue YoY | 9.9% | -0.7% |
| Net Profit YoY | 7.3% | -962.0% |
| EPS (diluted) | $1.29 | $-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 | $1.4B | $1.1B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | $1.3B | $1.1B |
| Q4 25 | $40.2M | $-431.0M | ||
| Q3 25 | $31.5M | $-2.0M | ||
| Q2 25 | $35.2M | $69.0M | ||
| Q1 25 | $43.8M | $56.0M | ||
| Q4 24 | $37.4M | $50.0M | ||
| Q3 24 | $29.1M | $84.0M | ||
| Q2 24 | $32.5M | $37.0M | ||
| Q1 24 | $39.3M | $47.0M |
| Q4 25 | 17.7% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 17.1% | — | ||
| Q4 24 | 17.4% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 4.6% | — | ||
| Q3 25 | 4.0% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 4.8% | — | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 4.1% | — | ||
| Q1 24 | 4.9% | — |
| Q4 25 | 2.9% | -35.0% | ||
| Q3 25 | 2.4% | -0.2% | ||
| Q2 25 | 2.7% | 6.0% | ||
| Q1 25 | 3.2% | 5.0% | ||
| Q4 24 | 3.0% | 4.0% | ||
| Q3 24 | 2.4% | 6.9% | ||
| Q2 24 | 2.6% | 3.5% | ||
| Q1 24 | 3.0% | 4.2% |
| Q4 25 | $1.29 | $-12.00 | ||
| Q3 25 | $1.02 | $-0.07 | ||
| Q2 25 | $1.14 | $1.77 | ||
| Q1 25 | $1.45 | $1.46 | ||
| Q4 24 | $1.21 | $1.29 | ||
| Q3 24 | $0.94 | $2.12 | ||
| Q2 24 | $1.08 | $0.98 | ||
| Q1 24 | $1.31 | $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 | $320.6M | $406.0M |
| Total DebtLower is stronger | $180.3M | — |
| Stockholders' EquityBook value | $1.3B | $2.0B |
| Total Assets | $2.4B | $9.8B |
| Debt / EquityLower = less leverage | 0.14× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $320.6M | $406.0M | ||
| Q3 25 | $314.2M | $474.0M | ||
| Q2 25 | $262.4M | $205.0M | ||
| Q1 25 | $247.3M | $196.0M | ||
| Q4 24 | $222.2M | $197.0M | ||
| Q3 24 | $225.5M | $197.0M | ||
| Q2 24 | $228.2M | $206.0M | ||
| Q1 24 | $264.2M | $237.0M |
| Q4 25 | $180.3M | — | ||
| Q3 25 | $186.6M | — | ||
| Q2 25 | $103.1M | — | ||
| Q1 25 | $107.1M | — | ||
| Q4 24 | $115.6M | — | ||
| Q3 24 | $130.4M | — | ||
| Q2 24 | $135.1M | — | ||
| Q1 24 | $140.0M | — |
| Q4 25 | $1.3B | $2.0B | ||
| Q3 25 | $1.2B | $2.5B | ||
| Q2 25 | $1.2B | $2.5B | ||
| Q1 25 | $1.2B | $2.4B | ||
| Q4 24 | $1.2B | $2.4B | ||
| Q3 24 | $1.1B | $2.4B | ||
| Q2 24 | $1.1B | $2.4B | ||
| Q1 24 | $1.1B | $2.4B |
| Q4 25 | $2.4B | $9.8B | ||
| Q3 25 | $2.3B | $10.1B | ||
| Q2 25 | $2.1B | $9.9B | ||
| Q1 25 | $2.1B | $9.9B | ||
| Q4 24 | $2.1B | $9.8B | ||
| Q3 24 | $2.0B | $9.7B | ||
| Q2 24 | $2.0B | $9.6B | ||
| Q1 24 | $2.0B | $9.9B |
| Q4 25 | 0.14× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 0.08× | — | ||
| Q1 25 | 0.09× | — | ||
| Q4 24 | 0.10× | — | ||
| Q3 24 | 0.12× | — | ||
| Q2 24 | 0.12× | — | ||
| Q1 24 | 0.13× | — |
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 | $71.2M | $6.0M |
| Free Cash FlowOCF − Capex | $32.6M | $-6.0M |
| FCF MarginFCF / Revenue | 2.4% | -0.5% |
| Capex IntensityCapex / Revenue | 2.8% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.77× | — |
| TTM Free Cash FlowTrailing 4 quarters | $125.5M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $71.2M | $6.0M | ||
| Q3 25 | $82.1M | $62.0M | ||
| Q2 25 | $52.8M | $-48.0M | ||
| Q1 25 | $87.9M | $8.0M | ||
| Q4 24 | $38.5M | $100.0M | ||
| Q3 24 | $41.8M | $72.0M | ||
| Q2 24 | $38.1M | $30.0M | ||
| Q1 24 | $86.6M | $3.0M |
| Q4 25 | $32.6M | $-6.0M | ||
| Q3 25 | $25.6M | $51.0M | ||
| Q2 25 | $14.0M | $-68.0M | ||
| Q1 25 | $53.2M | $-6.0M | ||
| Q4 24 | $10.3M | $86.0M | ||
| Q3 24 | $15.2M | $58.0M | ||
| Q2 24 | $-308.0K | $17.0M | ||
| Q1 24 | $16.4M | $-13.0M |
| Q4 25 | 2.4% | -0.5% | ||
| Q3 25 | 1.9% | 4.3% | ||
| Q2 25 | 1.1% | -5.9% | ||
| Q1 25 | 3.9% | -0.5% | ||
| Q4 24 | 0.8% | 6.9% | ||
| Q3 24 | 1.2% | 4.8% | ||
| Q2 24 | -0.0% | 1.6% | ||
| Q1 24 | 1.3% | -1.2% |
| Q4 25 | 2.8% | 1.0% | ||
| Q3 25 | 4.2% | 0.9% | ||
| Q2 25 | 2.9% | 1.7% | ||
| Q1 25 | 2.5% | 1.3% | ||
| Q4 24 | 2.2% | 1.1% | ||
| Q3 24 | 2.2% | 1.1% | ||
| Q2 24 | 3.1% | 1.2% | ||
| Q1 24 | 5.4% | 1.4% |
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.60× | — | ||
| Q2 25 | 1.50× | -0.70× | ||
| Q1 25 | 2.01× | 0.14× | ||
| Q4 24 | 1.03× | 2.00× | ||
| Q3 24 | 1.44× | 0.86× | ||
| Q2 24 | 1.17× | 0.81× | ||
| Q1 24 | 2.20× | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PSMT
| Fresh Foods | $454.9M | 33% |
| Caribbean Operations Segment | $396.5M | 29% |
| Colombia Operations Segment | $204.1M | 15% |
| Hardlines | $162.6M | 12% |
| Softlines | $99.8M | 7% |
| ship Income Member | $24.5M | 2% |
| Health Services | $14.5M | 1% |
| Other Revenue And Income | $4.2M | 0% |
| United States Operations Segment | $510.0K | 0% |
| Export Sales | $359.0K | 0% |
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% |
