Marriott Vacations WorldwideVAC +0.50%84 Pretax Margin % is 3.58% as of Mar. 2026, which is 37% below its 10-year median of 5.72. GuruFocus rates VAC with a GF Score™ of 84/100 and a GF Value™ of $102.20 (Fairly Valued). The stock has 7 warning signs investors should review. Among 845 Travel & Leisure companies, Marriott Vacations Worldwide ranks worse than 77.87% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Marriott Vacations Worldwide Pretax Margin % Related Terms
Marriott Vacations Worldwide Pretax Margin % Historical Data
* 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.
VAC vs PENN, RRR, MCRI: Pretax Margin % Comparison
For the Resorts & Casinos subindustry, Marriott Vacations Worldwide's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott Vacations Worldwide's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Marriott Vacations Worldwide's Pretax Margin % falls into.
* 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 (VAC) has a Pretax Margin % of 3.58% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Marriott Vacations Worldwide and its competitors. This is 37% below median its historical median of 5.72. According to the industry distribution chart, Marriott Vacations Worldwide ranks #658 out of 845 companies in the Travel & Leisure industry, placing it in the top 77.9%.
Is Marriott Vacations Worldwide's Pretax Margin % too high?
Marriott Vacations Worldwide's current Pretax Margin % of 3.58% is 37% below median its 10-year median of 5.72. The Travel & Leisure industry median Pretax Margin % is 6.11. Marriott Vacations Worldwide's value of 3.58% is 41.4% below this industry median. Based on the distribution chart, Marriott Vacations Worldwide ranks #658 out of 845 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 Pretax Margin % compare to PENN and RRR?
According to the Travel & Leisure industry distribution chart, Marriott Vacations Worldwide ranks #658 out of 845 companies for Pretax Margin %. This places Marriott Vacations Worldwide in the lower half of its industry. The industry median Pretax Margin % is 6.11. Marriott Vacations Worldwide's value of 3.58% is 41.4% below this benchmark. While the company's 10-year median is 5.72 vs. the industry median of 6.11, Marriott Vacations Worldwide has consistently been below 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 Pretax Margin % for a Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.11, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott Vacations Worldwide's current Pretax Margin % of 3.58% is 41.4% below 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Marriott Vacations Worldwide and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott Vacations Worldwide's current Pretax Margin % is 3.58%, which is 37% below median its own 10-year median of 5.72. 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 $102.20, compared to a current price of $99.65 — trading 2.5% below its estimated fair value. The current Pretax Margin % is 3.58%, which is 37% below median its 10-year median of 5.72 and 41.4% below the Travel & Leisure industry median of 6.11. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Marriott Vacations Worldwide (VAC), the current Pretax Margin % is 3.58% 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 $99.65 is trading 2.5% below its estimated GF Value™ of $102.20.
GuruFocus considers Marriott Vacations Worldwide to be Fairly Valued.
Key valuation signals for VAC:
Pretax Margin %: 3.58% (37% below median its 10-year median of 5.72)
GF Value™: $102.20 vs. price of $99.65 (2.5% below fair value)
Industry Position: 41.4% below the Travel & Leisure median (#658 of 845)
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 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
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