Financial Statements

Marriott Vacations Worldwide Corpor... (VAC)

$147.5

+0.26 (+0.18%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 272569523534-
Net Income 49-27513855227
Stock Dividends -2323-11-15345
Dividend Paid -23-45-81-51-38
Retained Earnings 275272569523534

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 791751951253-
Annual Depreciation 39281-154738279
Capital Expenditure -47-41-46-40-26
Net PPE 1,136791751951253

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) --2,8282,8922,817
New Purchases -12----
Intangible and Goodwill -2,8282,8922,8173,150

Marriott Vacations Worldwide Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Marriott Vacations Worldwide Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.