---
schema_version: "secwatch.filing_event.v1"
accession: "0001524358-23-000006"
form_type: "8-K"
ticker: "VAC"
cik: "0001524358"
company_name: "MARRIOTT VACATIONS WORLDWIDE Corp"
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:44:39.484197+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations Q4 contract sales $454M (+12% YoY); FY22 record $1.84B; guides 2023 +5-9%

## Summary
- Q4 2022: net income $88M ($2.08 EPS); adjusted net income $115M ($2.74 EPS); Adjusted EBITDA $239M.
- FY22 contract sales $1.84B (+34% YoY); net income $391M ($8.77 EPS); adjusted net income $458M ($10.26 EPS).
- FY22 share repurchases: 5.1M shares for $701M; Q4 repurchased 1.2M shares for $173M at avg $139.90.
- 2023 guidance: contract sales +5-9% YoY; net income $405-440M ($9.51-10.30 EPS); adjusted FCF $600-670M.
- Hurricanes negatively impacted Q4 contract sales by ~$13M and adjusted EBITDA by ~$7M.

## SEC filing metadata
- accession: 0001524358-23-000006
- form_type: 8-K
- ticker: VAC
- cik: 0001524358
- company_name: MARRIOTT VACATIONS WORLDWIDE Corp
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524358/000152435823000006/0001524358-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524358/000152435823000006/vac-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001524358-23-000006
- JSON: https://secwatch.observer/filing/0001524358-23-000006.json
- Plain text: https://secwatch.observer/filing/0001524358-23-000006.txt

## Key facts
- Earnings Releases
  MARRIOTT VACATIONS WORLDWIDE Corp reported the fiscal year ended December 31, 2022 results: net income Net income attributable to common shareholders was $391 million, EPS $8.77 fully diluted earnings per share.
  - Period: the fiscal year ended December 31, 2022
  - Net income: Net income attributable to common shareholders was $391 million
  - EPS: $8.77 fully diluted earnings per share
  - Result: reported results
  source text: Net income attributable to common shareholders was $391 million, or $8.77 fully diluted earnings per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524358/000152435823000006/0001524358-23-000006-index.htm
- Earnings Releases
  MARRIOTT VACATIONS WORLDWIDE Corp reported full year 2023 results: net income Net income attributable to common shareholders to be $405 million to $440 million, EPS $9.51 to $10.30 fully diluted earnings per share. Guidance initiated.
  - Period: full year 2023
  - Net income: Net income attributable to common shareholders to be $405 million to $440 million
  - EPS: $9.51 to $10.30 fully diluted earnings per share
  - Guidance: initiated
  - Result: guidance update
  source text: The Company expects contract sales in 2023 to grow 5% to 9% compared to the prior year and for Net income attributable to common shareholders to be $405 million to $440 million, or $9.51 to $10.30 fully diluted earnings per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524358/000152435823000006/0001524358-23-000006-index.htm
- Earnings Releases
  MARRIOTT VACATIONS WORLDWIDE Corp reported the quarter ended December 31, 2022 results: net income Net income attributable to common shareholders was $88 million, EPS $2.08 fully diluted earnings per share.
  - Period: the quarter ended December 31, 2022
  - Net income: Net income attributable to common shareholders was $88 million
  - EPS: $2.08 fully diluted earnings per share
  - Result: reported results
  source text: Net income attributable to common shareholders was $88 million, or $2.08 fully diluted earnings per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524358/000152435823000006/0001524358-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.