ValueQ3, 24Q4, 24Q1, 25Q2, 25Q3, 25TTMSelling/general/admin expenses290 M307 M295 M298 M287 M1.19 BResearch & development——————Operating income1.12 B1.1 B1.01 B1.03 B1.05 B4.19 BNon-Operating Income, Total1 M00000Interest expense, net of interest capitalized——————Non-Operating Income, excl. Interest Expenses000000Unusual income/expense1 M00000Pretax income950 M306 M825 M848 M878 M2.86 BEquity in earnings——————Taxes34 M10 M45 M25 M3 M83 MNon-controlling/minority interest0-1 M1 M000After tax other income/expense——————Net income before discontinued operations84 M50 M56 M69 M2 M177 MDiscontinued operations——————Net income84 M50 M56 M69 M2 M177 MDilution adjustment——————Preferred dividends——————Diluted net income available to common stockholders89 M55 M61 M74 M2 M192 MBasic earnings per share (Basic EPS)2.381.421.61.98-0.074.93Diluted earnings per share (Diluted EPS)2.121.291.461.77-0.074.45Average basic shares outstanding35.3 M35.4 M35.1 M34.9 M34.9 M140.3 MDiluted shares outstanding42.1 M42.1 M42 M41.7 M34.9 M160.7 MEBITDA1.13 B1.17 B1.01 B1.03 B1.06 B4.28 BEBIT1.12 B1.1 B1.01 B1.03 B1.05 B4.19 BCost of revenue55 M56 M50 M58 M57 M221 MOther cost of goods sold——————Depreciation & amortization (cash flow)5 M66 M5 M7 M6 M84 M
Marriott Vacations Worldwide Corporation
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 Vacation Clubs City Collection, Sheraton Vacation Club, Westin Vacation Club, Grand Residences by Marriott and The Ritz-Carlton Destination Club. The company also operates Hyatt Vacation Club as well as Interval International, which offers an exchange network and travel membership programs through a network of more than 3,200 affiliated resorts in over 90 countries and territories, as well as management of more than 160 other resorts and lodging properties.