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Side-by-side financial comparison of StoneX Group Inc. (SNEX) 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 $1.2B, roughly 1.0× StoneX Group Inc.). StoneX Group Inc. runs the higher net margin — 11.6% vs -35.0%, a 46.6% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs -0.7%). MARRIOTT VACATIONS WORLDWIDE Corp produced more free cash flow last quarter ($-6.0M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 5.2%).

StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).

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...

SNEX vs VAC — Head-to-Head

Bigger by revenue
VAC
VAC
1.0× larger
VAC
$1.2B
$1.2B
SNEX
Growing faster (revenue YoY)
SNEX
SNEX
+81.8% gap
SNEX
81.0%
-0.7%
VAC
Higher net margin
SNEX
SNEX
46.6% more per $
SNEX
11.6%
-35.0%
VAC
More free cash flow
VAC
VAC
$1.3B more FCF
VAC
$-6.0M
$-1.3B
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
5.2%
VAC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SNEX
SNEX
VAC
VAC
Revenue
$1.2B
$1.2B
Net Profit
$139.0M
$-431.0M
Gross Margin
Operating Margin
15.4%
Net Margin
11.6%
-35.0%
Revenue YoY
81.0%
-0.7%
Net Profit YoY
63.3%
-962.0%
EPS (diluted)
$2.50
$-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.

Revenue
SNEX
SNEX
VAC
VAC
Q4 25
$1.2B
$1.2B
Q3 25
$32.7B
$1.2B
Q2 25
$851.2M
$1.2B
Q1 25
$820.4M
$1.1B
Q4 24
$663.1M
$1.2B
Q3 24
$31.1B
$1.2B
Q2 24
$571.8M
$1.1B
Q1 24
$509.2M
$1.1B
Net Profit
SNEX
SNEX
VAC
VAC
Q4 25
$139.0M
$-431.0M
Q3 25
$85.7M
$-2.0M
Q2 25
$63.4M
$69.0M
Q1 25
$71.7M
$56.0M
Q4 24
$85.1M
$50.0M
Q3 24
$76.7M
$84.0M
Q2 24
$61.9M
$37.0M
Q1 24
$53.1M
$47.0M
Gross Margin
SNEX
SNEX
VAC
VAC
Q4 25
Q3 25
3.7%
Q2 25
Q1 25
Q4 24
Q3 24
3.0%
Q2 24
Q1 24
Operating Margin
SNEX
SNEX
VAC
VAC
Q4 25
15.4%
Q3 25
0.3%
Q2 25
-1.3%
Q1 25
-1.0%
Q4 24
-3.2%
Q3 24
-0.0%
Q2 24
-4.7%
Q1 24
-2.5%
Net Margin
SNEX
SNEX
VAC
VAC
Q4 25
11.6%
-35.0%
Q3 25
0.3%
-0.2%
Q2 25
7.4%
6.0%
Q1 25
8.7%
5.0%
Q4 24
12.8%
4.0%
Q3 24
0.2%
6.9%
Q2 24
10.8%
3.5%
Q1 24
10.4%
4.2%
EPS (diluted)
SNEX
SNEX
VAC
VAC
Q4 25
$2.50
$-12.00
Q3 25
$0.72
$-0.07
Q2 25
$1.22
$1.77
Q1 25
$1.41
$1.46
Q4 24
$1.69
$1.29
Q3 24
$2.32
$2.12
Q2 24
$1.25
$0.98
Q1 24
$1.09
$1.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SNEX
SNEX
VAC
VAC
Cash + ST InvestmentsLiquidity on hand
$1.6B
$406.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$2.0B
Total Assets
$47.8B
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNEX
SNEX
VAC
VAC
Q4 25
$1.6B
$406.0M
Q3 25
$1.6B
$474.0M
Q2 25
$1.3B
$205.0M
Q1 25
$1.3B
$196.0M
Q4 24
$1.4B
$197.0M
Q3 24
$1.3B
$197.0M
Q2 24
$1.2B
$206.0M
Q1 24
$1.3B
$237.0M
Stockholders' Equity
SNEX
SNEX
VAC
VAC
Q4 25
$2.5B
$2.0B
Q3 25
$2.4B
$2.5B
Q2 25
$2.0B
$2.5B
Q1 25
$1.9B
$2.4B
Q4 24
$1.8B
$2.4B
Q3 24
$1.7B
$2.4B
Q2 24
$1.6B
$2.4B
Q1 24
$1.5B
$2.4B
Total Assets
SNEX
SNEX
VAC
VAC
Q4 25
$47.8B
$9.8B
Q3 25
$45.3B
$10.1B
Q2 25
$34.3B
$9.9B
Q1 25
$31.3B
$9.9B
Q4 24
$29.6B
$9.8B
Q3 24
$27.5B
$9.7B
Q2 24
$25.9B
$9.6B
Q1 24
$25.7B
$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
SNEX
SNEX
VAC
VAC
Operating Cash FlowLast quarter
$-1.3B
$6.0M
Free Cash FlowOCF − Capex
$-1.3B
$-6.0M
FCF MarginFCF / Revenue
-106.4%
-0.5%
Capex IntensityCapex / Revenue
1.3%
1.0%
Cash ConversionOCF / Net Profit
-9.08×
TTM Free Cash FlowTrailing 4 quarters
$3.5B
$-29.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNEX
SNEX
VAC
VAC
Q4 25
$-1.3B
$6.0M
Q3 25
$3.5B
$62.0M
Q2 25
$1.5B
$-48.0M
Q1 25
$-154.5M
$8.0M
Q4 24
$-477.8M
$100.0M
Q3 24
$192.6M
$72.0M
Q2 24
$-622.1M
$30.0M
Q1 24
$784.0M
$3.0M
Free Cash Flow
SNEX
SNEX
VAC
VAC
Q4 25
$-1.3B
$-6.0M
Q3 25
$3.5B
$51.0M
Q2 25
$1.5B
$-68.0M
Q1 25
$-169.8M
$-6.0M
Q4 24
$-491.4M
$86.0M
Q3 24
$175.9M
$58.0M
Q2 24
$-640.5M
$17.0M
Q1 24
$766.6M
$-13.0M
FCF Margin
SNEX
SNEX
VAC
VAC
Q4 25
-106.4%
-0.5%
Q3 25
10.7%
4.3%
Q2 25
173.3%
-5.9%
Q1 25
-20.7%
-0.5%
Q4 24
-74.1%
6.9%
Q3 24
0.6%
4.8%
Q2 24
-112.0%
1.6%
Q1 24
150.5%
-1.2%
Capex Intensity
SNEX
SNEX
VAC
VAC
Q4 25
1.3%
1.0%
Q3 25
0.1%
0.9%
Q2 25
1.9%
1.7%
Q1 25
1.9%
1.3%
Q4 24
2.1%
1.1%
Q3 24
0.1%
1.1%
Q2 24
3.2%
1.2%
Q1 24
3.4%
1.4%
Cash Conversion
SNEX
SNEX
VAC
VAC
Q4 25
-9.08×
Q3 25
41.18×
Q2 25
23.52×
-0.70×
Q1 25
-2.15×
0.14×
Q4 24
-5.61×
2.00×
Q3 24
2.51×
0.86×
Q2 24
-10.05×
0.81×
Q1 24
14.76×
0.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SNEX
SNEX

Segment breakdown not available.

VAC
VAC

Cost Reimbursement$467.0M38%
Time Share$381.0M31%
Management And Exchange$212.0M17%
Ancillary Revenues$64.0M5%
Management Service$55.0M4%
Service Other$36.0M3%

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