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Side-by-side financial comparison of Construction Partners, Inc. (ROAD) 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 $809.5M, roughly 1.5× Construction Partners, Inc.). Construction Partners, Inc. runs the higher net margin — 2.1% vs -35.0%, a 37.1% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs -0.7%). Construction Partners, Inc. produced more free cash flow last quarter ($47.1M vs $-6.0M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 5.2%).
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
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...
ROAD vs VAC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $809.5M | $1.2B |
| Net Profit | $17.2M | $-431.0M |
| Gross Margin | 15.0% | — |
| Operating Margin | 6.2% | — |
| Net Margin | 2.1% | -35.0% |
| Revenue YoY | 44.1% | -0.7% |
| Net Profit YoY | 663.9% | -962.0% |
| EPS (diluted) | $0.31 | $-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 | $809.5M | $1.2B | ||
| Q3 25 | $899.8M | $1.2B | ||
| Q2 25 | $779.3M | $1.2B | ||
| Q1 25 | $571.6M | $1.1B | ||
| Q4 24 | $561.6M | $1.2B | ||
| Q3 24 | $538.2M | $1.2B | ||
| Q2 24 | $517.8M | $1.1B | ||
| Q1 24 | $371.4M | $1.1B |
| Q4 25 | $17.2M | $-431.0M | ||
| Q3 25 | $56.6M | $-2.0M | ||
| Q2 25 | $44.0M | $69.0M | ||
| Q1 25 | $4.2M | $56.0M | ||
| Q4 24 | $-3.1M | $50.0M | ||
| Q3 24 | $29.3M | $84.0M | ||
| Q2 24 | $30.9M | $37.0M | ||
| Q1 24 | $-1.1M | $47.0M |
| Q4 25 | 15.0% | — | ||
| Q3 25 | 17.7% | — | ||
| Q2 25 | 16.9% | — | ||
| Q1 25 | 12.5% | — | ||
| Q4 24 | 13.6% | — | ||
| Q3 24 | 15.6% | — | ||
| Q2 24 | 16.1% | — | ||
| Q1 24 | 10.4% | — |
| Q4 25 | 6.2% | — | ||
| Q3 25 | 11.2% | — | ||
| Q2 25 | 10.6% | — | ||
| Q1 25 | 4.8% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 8.5% | — | ||
| Q2 24 | 8.8% | — | ||
| Q1 24 | 0.8% | — |
| Q4 25 | 2.1% | -35.0% | ||
| Q3 25 | 6.3% | -0.2% | ||
| Q2 25 | 5.7% | 6.0% | ||
| Q1 25 | 0.7% | 5.0% | ||
| Q4 24 | -0.5% | 4.0% | ||
| Q3 24 | 5.4% | 6.9% | ||
| Q2 24 | 6.0% | 3.5% | ||
| Q1 24 | -0.3% | 4.2% |
| Q4 25 | $0.31 | $-12.00 | ||
| Q3 25 | $1.03 | $-0.07 | ||
| Q2 25 | $0.79 | $1.77 | ||
| Q1 25 | $0.08 | $1.46 | ||
| Q4 24 | $-0.06 | $1.29 | ||
| Q3 24 | $0.55 | $2.12 | ||
| Q2 24 | $0.59 | $0.98 | ||
| Q1 24 | $-0.02 | $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 | $104.1M | $406.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $969.1M | $2.0B |
| Total Assets | $3.4B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.1M | $406.0M | ||
| Q3 25 | $156.1M | $474.0M | ||
| Q2 25 | $114.3M | $205.0M | ||
| Q1 25 | $101.9M | $196.0M | ||
| Q4 24 | $132.5M | $197.0M | ||
| Q3 24 | $74.7M | $197.0M | ||
| Q2 24 | $56.3M | $206.0M | ||
| Q1 24 | $48.0M | $237.0M |
| Q4 25 | — | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $515.0M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $969.1M | $2.0B | ||
| Q3 25 | $912.0M | $2.5B | ||
| Q2 25 | $853.3M | $2.5B | ||
| Q1 25 | $807.9M | $2.4B | ||
| Q4 24 | $811.1M | $2.4B | ||
| Q3 24 | $573.7M | $2.4B | ||
| Q2 24 | $552.9M | $2.4B | ||
| Q1 24 | $525.0M | $2.4B |
| Q4 25 | $3.4B | $9.8B | ||
| Q3 25 | $3.2B | $10.1B | ||
| Q2 25 | $2.9B | $9.9B | ||
| Q1 25 | $2.8B | $9.9B | ||
| Q4 24 | $2.6B | $9.8B | ||
| Q3 24 | $1.5B | $9.7B | ||
| Q2 24 | $1.4B | $9.6B | ||
| Q1 24 | $1.3B | $9.9B |
| Q4 25 | — | — | ||
| Q3 25 | 1.78× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.90× | — | ||
| 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 | $82.6M | $6.0M |
| Free Cash FlowOCF − Capex | $47.1M | $-6.0M |
| FCF MarginFCF / Revenue | 5.8% | -0.5% |
| Capex IntensityCapex / Revenue | 4.4% | 1.0% |
| Cash ConversionOCF / Net Profit | 4.80× | — |
| TTM Free Cash FlowTrailing 4 quarters | $186.6M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $82.6M | $6.0M | ||
| Q3 25 | $112.0M | $62.0M | ||
| Q2 25 | $83.0M | $-48.0M | ||
| Q1 25 | $55.6M | $8.0M | ||
| Q4 24 | $40.7M | $100.0M | ||
| Q3 24 | $95.9M | $72.0M | ||
| Q2 24 | $34.6M | $30.0M | ||
| Q1 24 | $18.2M | $3.0M |
| Q4 25 | $47.1M | $-6.0M | ||
| Q3 25 | $78.9M | $51.0M | ||
| Q2 25 | $46.4M | $-68.0M | ||
| Q1 25 | $14.2M | $-6.0M | ||
| Q4 24 | $13.8M | $86.0M | ||
| Q3 24 | $78.4M | $58.0M | ||
| Q2 24 | $19.7M | $17.0M | ||
| Q1 24 | $-10.6M | $-13.0M |
| Q4 25 | 5.8% | -0.5% | ||
| Q3 25 | 8.8% | 4.3% | ||
| Q2 25 | 5.9% | -5.9% | ||
| Q1 25 | 2.5% | -0.5% | ||
| Q4 24 | 2.5% | 6.9% | ||
| Q3 24 | 14.6% | 4.8% | ||
| Q2 24 | 3.8% | 1.6% | ||
| Q1 24 | -2.8% | -1.2% |
| Q4 25 | 4.4% | 1.0% | ||
| Q3 25 | 3.7% | 0.9% | ||
| Q2 25 | 4.7% | 1.7% | ||
| Q1 25 | 7.2% | 1.3% | ||
| Q4 24 | 4.8% | 1.1% | ||
| Q3 24 | 3.3% | 1.1% | ||
| Q2 24 | 2.9% | 1.2% | ||
| Q1 24 | 7.7% | 1.4% |
| Q4 25 | 4.80× | — | ||
| Q3 25 | 1.98× | — | ||
| Q2 25 | 1.88× | -0.70× | ||
| Q1 25 | 13.20× | 0.14× | ||
| Q4 24 | — | 2.00× | ||
| Q3 24 | 3.27× | 0.86× | ||
| Q2 24 | 1.12× | 0.81× | ||
| Q1 24 | — | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ROAD
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% |
