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Side-by-side financial comparison of SEALED AIR CORP (SEE) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× MARRIOTT VACATIONS WORLDWIDE Corp). SEALED AIR CORP runs the higher net margin — 3.1% vs -35.0%, a 38.2% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs -0.7%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $-6.0M). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% CAGR vs 2.7%).
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
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...
SEE vs VAC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.2B |
| Net Profit | $43.8M | $-431.0M |
| Gross Margin | 28.6% | — |
| Operating Margin | 11.4% | — |
| Net Margin | 3.1% | -35.0% |
| Revenue YoY | 2.6% | -0.7% |
| Net Profit YoY | 700.0% | -962.0% |
| EPS (diluted) | $0.30 | $-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 | $1.4B | $1.2B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $1.3B | $1.1B | ||
| Q1 24 | $1.3B | $1.1B |
| Q4 25 | $43.8M | $-431.0M | ||
| Q3 25 | $255.1M | $-2.0M | ||
| Q2 25 | $93.1M | $69.0M | ||
| Q1 25 | $113.5M | $56.0M | ||
| Q4 24 | $-7.3M | $50.0M | ||
| Q3 24 | $91.7M | $84.0M | ||
| Q2 24 | $98.3M | $37.0M | ||
| Q1 24 | $82.0M | $47.0M |
| Q4 25 | 28.6% | — | ||
| Q3 25 | 29.8% | — | ||
| Q2 25 | 30.7% | — | ||
| Q1 25 | 30.9% | — | ||
| Q4 24 | 30.0% | — | ||
| Q3 24 | 30.1% | — | ||
| Q2 24 | 31.2% | — | ||
| Q1 24 | 30.3% | — |
| Q4 25 | 11.4% | — | ||
| Q3 25 | 13.8% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 14.5% | — | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 13.9% | — | ||
| Q2 24 | 15.4% | — | ||
| Q1 24 | 14.0% | — |
| Q4 25 | 3.1% | -35.0% | ||
| Q3 25 | 19.0% | -0.2% | ||
| Q2 25 | 7.0% | 6.0% | ||
| Q1 25 | 9.0% | 5.0% | ||
| Q4 24 | -0.5% | 4.0% | ||
| Q3 24 | 6.9% | 6.9% | ||
| Q2 24 | 7.4% | 3.5% | ||
| Q1 24 | 6.2% | 4.2% |
| Q4 25 | $0.30 | $-12.00 | ||
| Q3 25 | $1.73 | $-0.07 | ||
| Q2 25 | $0.63 | $1.77 | ||
| Q1 25 | $0.77 | $1.46 | ||
| Q4 24 | $-0.05 | $1.29 | ||
| Q3 24 | $0.63 | $2.12 | ||
| Q2 24 | $0.67 | $0.98 | ||
| Q1 24 | $0.56 | $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 | $344.0M | $406.0M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $1.2B | $2.0B |
| Total Assets | $7.0B | $9.8B |
| Debt / EquityLower = less leverage | 2.65× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $344.0M | $406.0M | ||
| Q3 25 | $282.5M | $474.0M | ||
| Q2 25 | $354.4M | $205.0M | ||
| Q1 25 | $335.2M | $196.0M | ||
| Q4 24 | $371.8M | $197.0M | ||
| Q3 24 | $386.0M | $197.0M | ||
| Q2 24 | $388.6M | $206.0M | ||
| Q1 24 | $352.8M | $237.0M |
| Q4 25 | $3.3B | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.4B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $1.2B | $2.0B | ||
| Q3 25 | $1.2B | $2.5B | ||
| Q2 25 | $953.1M | $2.5B | ||
| Q1 25 | $797.9M | $2.4B | ||
| Q4 24 | $624.5M | $2.4B | ||
| Q3 24 | $771.2M | $2.4B | ||
| Q2 24 | $650.1M | $2.4B | ||
| Q1 24 | $598.3M | $2.4B |
| Q4 25 | $7.0B | $9.8B | ||
| Q3 25 | $7.1B | $10.1B | ||
| Q2 25 | $7.2B | $9.9B | ||
| Q1 25 | $7.0B | $9.9B | ||
| Q4 24 | $7.0B | $9.8B | ||
| Q3 24 | $7.3B | $9.7B | ||
| Q2 24 | $7.3B | $9.6B | ||
| Q1 24 | $7.2B | $9.9B |
| Q4 25 | 2.65× | — | ||
| Q3 25 | 3.34× | — | ||
| Q2 25 | 4.18× | — | ||
| Q1 25 | 5.26× | — | ||
| Q4 24 | 6.72× | — | ||
| Q3 24 | 5.62× | — | ||
| Q2 24 | 6.81× | — | ||
| Q1 24 | 7.49× | — |
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 | $293.6M | $6.0M |
| Free Cash FlowOCF − Capex | $257.7M | $-6.0M |
| FCF MarginFCF / Revenue | 18.5% | -0.5% |
| Capex IntensityCapex / Revenue | 2.6% | 1.0% |
| Cash ConversionOCF / Net Profit | 6.70× | — |
| TTM Free Cash FlowTrailing 4 quarters | $458.5M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $293.6M | $6.0M | ||
| Q3 25 | $165.9M | $62.0M | ||
| Q2 25 | $136.6M | $-48.0M | ||
| Q1 25 | $31.9M | $8.0M | ||
| Q4 24 | $244.2M | $100.0M | ||
| Q3 24 | $170.5M | $72.0M | ||
| Q2 24 | $188.2M | $30.0M | ||
| Q1 24 | $125.1M | $3.0M |
| Q4 25 | $257.7M | $-6.0M | ||
| Q3 25 | $119.6M | $51.0M | ||
| Q2 25 | $93.2M | $-68.0M | ||
| Q1 25 | $-12.0M | $-6.0M | ||
| Q4 24 | $185.1M | $86.0M | ||
| Q3 24 | $115.2M | $58.0M | ||
| Q2 24 | $129.5M | $17.0M | ||
| Q1 24 | $78.0M | $-13.0M |
| Q4 25 | 18.5% | -0.5% | ||
| Q3 25 | 8.9% | 4.3% | ||
| Q2 25 | 7.0% | -5.9% | ||
| Q1 25 | -0.9% | -0.5% | ||
| Q4 24 | 13.6% | 6.9% | ||
| Q3 24 | 8.6% | 4.8% | ||
| Q2 24 | 9.7% | 1.6% | ||
| Q1 24 | 5.9% | -1.2% |
| Q4 25 | 2.6% | 1.0% | ||
| Q3 25 | 3.4% | 0.9% | ||
| Q2 25 | 3.3% | 1.7% | ||
| Q1 25 | 3.5% | 1.3% | ||
| Q4 24 | 4.4% | 1.1% | ||
| Q3 24 | 4.1% | 1.1% | ||
| Q2 24 | 4.4% | 1.2% | ||
| Q1 24 | 3.6% | 1.4% |
| Q4 25 | 6.70× | — | ||
| Q3 25 | 0.65× | — | ||
| Q2 25 | 1.47× | -0.70× | ||
| Q1 25 | 0.28× | 0.14× | ||
| Q4 24 | — | 2.00× | ||
| Q3 24 | 1.86× | 0.86× | ||
| Q2 24 | 1.91× | 0.81× | ||
| Q1 24 | 1.53× | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
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% |
