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Side-by-side financial comparison of MARRIOTT VACATIONS WORLDWIDE Corp (VAC) and WATTS WATER TECHNOLOGIES INC (WTS). 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 $625.1M, roughly 2.0× WATTS WATER TECHNOLOGIES INC). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs -35.0%, a 48.4% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs -0.7%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $-6.0M). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% CAGR vs 4.6%).
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...
AERCO International, Inc. is a manufacturer and supplier of commercial condensing boilers, high efficiency water heating equipment and energy recovery systems in the HVAC/plumbing industry across a variety of markets including education, lodging, government, office buildings, healthcare, industrial and multifamily housing. In 1949, AERCO introduced the industry's first semi-instantaneous, tankless steam-to-water water heater. In 1988, AERCO introduced the first condensing and fully modulating...
VAC vs WTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $625.1M |
| Net Profit | $-431.0M | $83.7M |
| Gross Margin | — | 49.5% |
| Operating Margin | — | 18.2% |
| Net Margin | -35.0% | 13.4% |
| Revenue YoY | -0.7% | 15.7% |
| Net Profit YoY | -962.0% | 24.0% |
| EPS (diluted) | $-12.00 | $2.50 |
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 | $1.2B | $625.1M | ||
| Q3 25 | $1.2B | $611.7M | ||
| Q2 25 | $1.2B | $643.7M | ||
| Q1 25 | $1.1B | $558.0M | ||
| Q4 24 | $1.2B | $540.4M | ||
| Q3 24 | $1.2B | $543.6M | ||
| Q2 24 | $1.1B | $597.3M | ||
| Q1 24 | $1.1B | $570.9M |
| Q4 25 | $-431.0M | $83.7M | ||
| Q3 25 | $-2.0M | $82.2M | ||
| Q2 25 | $69.0M | $100.9M | ||
| Q1 25 | $56.0M | $74.0M | ||
| Q4 24 | $50.0M | $67.5M | ||
| Q3 24 | $84.0M | $69.1M | ||
| Q2 24 | $37.0M | $82.0M | ||
| Q1 24 | $47.0M | $72.6M |
| Q4 25 | — | 49.5% | ||
| Q3 25 | — | 48.8% | ||
| Q2 25 | — | 50.6% | ||
| Q1 25 | — | 48.8% | ||
| Q4 24 | — | 46.7% | ||
| Q3 24 | — | 47.3% | ||
| Q2 24 | — | 47.7% | ||
| Q1 24 | — | 46.9% |
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | 18.2% | ||
| Q2 25 | — | 21.0% | ||
| Q1 25 | — | 15.7% | ||
| Q4 24 | — | 16.5% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 18.7% | ||
| Q1 24 | — | 16.9% |
| Q4 25 | -35.0% | 13.4% | ||
| Q3 25 | -0.2% | 13.4% | ||
| Q2 25 | 6.0% | 15.7% | ||
| Q1 25 | 5.0% | 13.3% | ||
| Q4 24 | 4.0% | 12.5% | ||
| Q3 24 | 6.9% | 12.7% | ||
| Q2 24 | 3.5% | 13.7% | ||
| Q1 24 | 4.2% | 12.7% |
| Q4 25 | $-12.00 | $2.50 | ||
| Q3 25 | $-0.07 | $2.45 | ||
| Q2 25 | $1.77 | $3.01 | ||
| Q1 25 | $1.46 | $2.21 | ||
| Q4 24 | $1.29 | $2.02 | ||
| Q3 24 | $2.12 | $2.06 | ||
| Q2 24 | $0.98 | $2.44 | ||
| Q1 24 | $1.22 | $2.17 |
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 | $405.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.0B | $2.0B |
| Total Assets | $9.8B | $2.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $406.0M | $405.5M | ||
| Q3 25 | $474.0M | $457.7M | ||
| Q2 25 | $205.0M | $369.3M | ||
| Q1 25 | $196.0M | $336.8M | ||
| Q4 24 | $197.0M | $386.9M | ||
| Q3 24 | $197.0M | $303.9M | ||
| Q2 24 | $206.0M | $279.4M | ||
| Q1 24 | $237.0M | $237.1M |
| Q4 25 | $2.0B | $2.0B | ||
| Q3 25 | $2.5B | $2.0B | ||
| Q2 25 | $2.5B | $1.9B | ||
| Q1 25 | $2.4B | $1.8B | ||
| Q4 24 | $2.4B | $1.7B | ||
| Q3 24 | $2.4B | $1.7B | ||
| Q2 24 | $2.4B | $1.6B | ||
| Q1 24 | $2.4B | $1.6B |
| Q4 25 | $9.8B | $2.9B | ||
| Q3 25 | $10.1B | $2.7B | ||
| Q2 25 | $9.9B | $2.6B | ||
| Q1 25 | $9.9B | $2.5B | ||
| Q4 24 | $9.8B | $2.4B | ||
| Q3 24 | $9.7B | $2.4B | ||
| Q2 24 | $9.6B | $2.4B | ||
| Q1 24 | $9.9B | $2.3B |
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 | $154.7M |
| Free Cash FlowOCF − Capex | $-6.0M | $140.3M |
| FCF MarginFCF / Revenue | -0.5% | 22.4% |
| Capex IntensityCapex / Revenue | 1.0% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 1.85× |
| TTM Free Cash FlowTrailing 4 quarters | $-29.0M | $356.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $6.0M | $154.7M | ||
| Q3 25 | $62.0M | $122.4M | ||
| Q2 25 | $-48.0M | $69.7M | ||
| Q1 25 | $8.0M | $55.2M | ||
| Q4 24 | $100.0M | $139.5M | ||
| Q3 24 | $72.0M | $90.7M | ||
| Q2 24 | $30.0M | $85.3M | ||
| Q1 24 | $3.0M | $45.6M |
| Q4 25 | $-6.0M | $140.3M | ||
| Q3 25 | $51.0M | $110.9M | ||
| Q2 25 | $-68.0M | $59.5M | ||
| Q1 25 | $-6.0M | $45.6M | ||
| Q4 24 | $86.0M | $127.5M | ||
| Q3 24 | $58.0M | $84.3M | ||
| Q2 24 | $17.0M | $78.5M | ||
| Q1 24 | $-13.0M | $35.5M |
| Q4 25 | -0.5% | 22.4% | ||
| Q3 25 | 4.3% | 18.1% | ||
| Q2 25 | -5.9% | 9.2% | ||
| Q1 25 | -0.5% | 8.2% | ||
| Q4 24 | 6.9% | 23.6% | ||
| Q3 24 | 4.8% | 15.5% | ||
| Q2 24 | 1.6% | 13.1% | ||
| Q1 24 | -1.2% | 6.2% |
| Q4 25 | 1.0% | 2.3% | ||
| Q3 25 | 0.9% | 1.9% | ||
| Q2 25 | 1.7% | 1.6% | ||
| Q1 25 | 1.3% | 1.7% | ||
| Q4 24 | 1.1% | 2.2% | ||
| Q3 24 | 1.1% | 1.2% | ||
| Q2 24 | 1.2% | 1.1% | ||
| Q1 24 | 1.4% | 1.8% |
| Q4 25 | — | 1.85× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | -0.70× | 0.69× | ||
| Q1 25 | 0.14× | 0.75× | ||
| Q4 24 | 2.00× | 2.07× | ||
| Q3 24 | 0.86× | 1.31× | ||
| Q2 24 | 0.81× | 1.04× | ||
| Q1 24 | 0.06× | 0.63× |
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% |
WTS
Segment breakdown not available.
