VAC (Marriott Vacations Worldwide) Debt-to-EBITDA : 11.32 (As of Mar. 2026) — 43% Above Median

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VAC Marriott Vacations Worldwide Corp VAC
84 GF Score
Price $101.83
GF Value $102.80
Valuation Fairly Valued
! 7 Warning Signs
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What is Marriott Vacations Worldwide Debt-to-EBITDA?

Marriott Vacations Worldwide VAC +2.22% 84 Debt-to-EBITDA is 11.32 as of Mar. 2026, which is 43% above its 10-year median of 7.90. GuruFocus rates VAC with a GF Score™ of 84/100 and a GF Value™ of $102.80 (Fairly Valued). The stock has 7 warning signs investors should review. Among 646 Travel & Leisure companies, Marriott Vacations Worldwide ranks worse than 154798.61% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Marriott Vacations Worldwide's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Marriott Vacations Worldwide's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5,569 Mil. Marriott Vacations Worldwide's annualized EBITDA for the quarter that ended in Mar. 2026 was $492 Mil. Marriott Vacations Worldwide's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 11.32.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Marriott Vacations Worldwide's Debt-to-EBITDA or its related term are showing as below:

VAC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -146.55   Med: 7.9   Max: 298.95
Current: -146.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Marriott Vacations Worldwide was 298.95. The lowest was -146.55. And the median was 7.90.

VAC's Debt-to-EBITDA is ranked worse than
100% of 646 companies
in the Travel & Leisure industry
Industry Median: 2.555 vs VAC: -146.55

Marriott Vacations Worldwide  (NYSE:VAC) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Marriott Vacations Worldwide Debt-to-EBITDA Related Terms


Marriott Vacations Worldwide Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Marriott Vacations Worldwide's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Marriott Vacations Worldwide Debt-to-EBITDA Chart

Marriott Vacations Worldwide Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.27 6.04 7.59 8.51 298.95

Marriott Vacations Worldwide Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.36 7.74 17.20 -3.41 11.32

VAC vs RRR, PENN, HGV: Debt-to-EBITDA Comparison

For the Resorts & Casinos subindustry, Marriott Vacations Worldwide's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marriott Vacations Worldwide Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marriott Vacations Worldwide's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Marriott Vacations Worldwide's Debt-to-EBITDA falls into.


VAC
84GF Score
Marriott Vacations Worldwide Corp VAC
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marriott Vacations Worldwide Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Marriott Vacations Worldwide's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 5680) / 19
=298.95

Marriott Vacations Worldwide's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 5569) / 492
=11.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 11.32 mean?
Marriott Vacations Worldwide (VAC) has a Debt-to-EBITDA of 11.32 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Marriott Vacations Worldwide. This is 43% above median its historical median of 7.90. According to the industry distribution chart, Marriott Vacations Worldwide ranks #999999 out of 646 companies in the Travel & Leisure industry.
Is Marriott Vacations Worldwide's Debt-to-EBITDA too high?
Marriott Vacations Worldwide's current Debt-to-EBITDA of 11.32 is 43% above median its 10-year median of 7.90. The Travel & Leisure industry median Debt-to-EBITDA is 2.56. Marriott Vacations Worldwide's value of 11.32 is 343.1% above this industry median. Based on the distribution chart, Marriott Vacations Worldwide ranks #999999 out of 646 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Marriott Vacations Worldwide has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marriott Vacations Worldwide's Debt-to-EBITDA compare to RRR and PENN?
According to the Travel & Leisure industry distribution chart, Marriott Vacations Worldwide ranks #999999 out of 646 companies for Debt-to-EBITDA. This places Marriott Vacations Worldwide in the lower half of its industry. The industry median Debt-to-EBITDA is 2.56. Marriott Vacations Worldwide's value of 11.32 is 343.1% above this benchmark. While the company's 10-year median is 7.90 vs. the industry median of 2.56, Marriott Vacations Worldwide has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.56, based on 646 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott Vacations Worldwide's current Debt-to-EBITDA of 11.32 is 343.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Marriott Vacations Worldwide. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott Vacations Worldwide's current Debt-to-EBITDA is 11.32, which is 43% above median its own 10-year median of 7.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marriott Vacations Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Marriott Vacations Worldwide (VAC) is currently considered Fairly Valued. The stock's GF Value™ is $102.80, compared to a current price of $101.83 — trading 0.9% below its estimated fair value. The current Debt-to-EBITDA is 11.32, which is 43% above median its 10-year median of 7.90 and 343.1% above the Travel & Leisure industry median of 2.56. Marriott Vacations Worldwide's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Marriott Vacations Worldwide (VAC), the current Debt-to-EBITDA is 11.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Marriott Vacations Worldwide (VAC) Overvalued in 2026?

Based on GuruFocus' analysis, Marriott Vacations Worldwide stock appears to be undervalued. The current stock price of $101.83 is trading 0.9% below its estimated GF Value™ of $102.80. GuruFocus considers Marriott Vacations Worldwide to be Fairly Valued.

Key valuation signals for VAC:

  • Debt-to-EBITDA: 11.32 (43% above median its 10-year median of 7.90)
  • GF Value™: $102.80 vs. price of $101.83 (0.9% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 343.1% above the Travel & Leisure median (#999999 of 646)

No single metric tells the full story. See the VAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marriott Vacations Worldwide Business Description

Other Exchanges M8V:Germany
Address 7812 Palm Parkway, Orlando, FL, USA, 32836
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's majority revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
84GF Score

Get the complete analysis for VAC

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$101.83
Price
$102.80
GF Value