vs
Side-by-side financial comparison of MARRIOTT VACATIONS WORLDWIDE Corp (VAC) and Virtu Financial, Inc. (VIRT). 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 $1.1B, roughly 1.1× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs -35.0%, a 66.7% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs -0.7%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% 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...
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
VAC vs VIRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.1B |
| Net Profit | $-431.0M | $346.6M |
| Gross Margin | — | — |
| Operating Margin | — | 37.4% |
| Net Margin | -35.0% | 31.6% |
| Revenue YoY | -0.7% | 30.7% |
| Net Profit YoY | -962.0% | 82.8% |
| EPS (diluted) | $-12.00 | $1.99 |
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.
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.2B | $969.9M | ||
| Q3 25 | $1.2B | $824.8M | ||
| Q2 25 | $1.2B | $999.6M | ||
| Q1 25 | $1.1B | $837.9M | ||
| Q4 24 | $1.2B | $834.3M | ||
| Q3 24 | $1.2B | $706.8M | ||
| Q2 24 | $1.1B | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $-431.0M | $139.9M | ||
| Q3 25 | $-2.0M | $77.6M | ||
| Q2 25 | $69.0M | $151.2M | ||
| Q1 25 | $56.0M | $99.7M | ||
| Q4 24 | $50.0M | $94.1M | ||
| Q3 24 | $84.0M | $60.0M | ||
| Q2 24 | $37.0M | $66.6M |
| Q1 26 | — | 37.4% | ||
| Q4 25 | — | 35.4% | ||
| Q3 25 | — | 21.8% | ||
| Q2 25 | — | 34.7% | ||
| Q1 25 | — | 26.7% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | -35.0% | 14.4% | ||
| Q3 25 | -0.2% | 9.4% | ||
| Q2 25 | 6.0% | 15.1% | ||
| Q1 25 | 5.0% | 11.9% | ||
| Q4 24 | 4.0% | 11.3% | ||
| Q3 24 | 6.9% | 8.5% | ||
| Q2 24 | 3.5% | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $-12.00 | $1.54 | ||
| Q3 25 | $-0.07 | $0.86 | ||
| Q2 25 | $1.77 | $1.65 | ||
| Q1 25 | $1.46 | $1.08 | ||
| Q4 24 | $1.29 | $1.03 | ||
| Q3 24 | $2.12 | $0.64 | ||
| Q2 24 | $0.98 | $0.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $406.0M | $973.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.0B | $2.2B |
| Total Assets | $9.8B | $25.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | $406.0M | $1.1B | ||
| Q3 25 | $474.0M | $707.9M | ||
| Q2 25 | $205.0M | $752.1M | ||
| Q1 25 | $196.0M | $723.6M | ||
| Q4 24 | $197.0M | $872.5M | ||
| Q3 24 | $197.0M | $701.4M | ||
| Q2 24 | $206.0M | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $2.5B | $1.5B | ||
| Q2 25 | $2.5B | $1.4B | ||
| Q1 25 | $2.4B | $1.3B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $2.4B | $1.2B | ||
| Q2 24 | $2.4B | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $9.8B | $20.2B | ||
| Q3 25 | $10.1B | $21.3B | ||
| Q2 25 | $9.9B | $19.3B | ||
| Q1 25 | $9.9B | $17.5B | ||
| Q4 24 | $9.8B | $15.4B | ||
| Q3 24 | $9.7B | $14.4B | ||
| Q2 24 | $9.6B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.29× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.41× |
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 | $6.0M | — |
| Free Cash FlowOCF − Capex | $-6.0M | — |
| FCF MarginFCF / Revenue | -0.5% | — |
| Capex IntensityCapex / Revenue | 1.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-29.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $6.0M | $518.4M | ||
| Q3 25 | $62.0M | $-68.7M | ||
| Q2 25 | $-48.0M | $62.8M | ||
| Q1 25 | $8.0M | $15.0M | ||
| Q4 24 | $100.0M | $599.0M | ||
| Q3 24 | $72.0M | $112.1M | ||
| Q2 24 | $30.0M | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | $-6.0M | $495.6M | ||
| Q3 25 | $51.0M | $-76.7M | ||
| Q2 25 | $-68.0M | $57.6M | ||
| Q1 25 | $-6.0M | $9.2M | ||
| Q4 24 | $86.0M | $586.6M | ||
| Q3 24 | $58.0M | $106.2M | ||
| Q2 24 | $17.0M | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | -0.5% | 51.1% | ||
| Q3 25 | 4.3% | -9.3% | ||
| Q2 25 | -5.9% | 5.8% | ||
| Q1 25 | -0.5% | 1.1% | ||
| Q4 24 | 6.9% | 70.3% | ||
| Q3 24 | 4.8% | 15.0% | ||
| Q2 24 | 1.6% | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 2.4% | ||
| Q3 25 | 0.9% | 1.0% | ||
| Q2 25 | 1.7% | 0.5% | ||
| Q1 25 | 1.3% | 0.7% | ||
| Q4 24 | 1.1% | 1.5% | ||
| Q3 24 | 1.1% | 0.8% | ||
| Q2 24 | 1.2% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.71× | ||
| Q3 25 | — | -0.89× | ||
| Q2 25 | -0.70× | 0.42× | ||
| Q1 25 | 0.14× | 0.15× | ||
| Q4 24 | 2.00× | 6.37× | ||
| Q3 24 | 0.86× | 1.87× | ||
| Q2 24 | 0.81× | 7.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
