OPEN vs VAC
Opendoor Technologies Inc. and Marriott Vacations Worldwide Corp., side by side — 8 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | OPEN | VAC |
|---|---|---|
| Revenue | $4.4B | $5.0B |
| Net income | $-1.3B | $-308.0M |
| Gross margin | 8.0% | · |
| Net margin | −29.7% | −6.1% |
| Return on equity | −151.3% | −13.9% |
| Diluted EPS | −$1.70 | −$8.84 |
| Dividend / share | · | $3.17 |
| Payout ratio | · | −35.7% |
| Free cash flow | $1.0B | $-29.0M |
| Equity | $1.0B | $2.0B |
| Net debt / equity | · | 0.87× |
| Current ratio | 7.03× | · |
| Revenue CAGR 5y | 11.1% | 11.8% |
| Profit CAGR 5y | · | · |
VAC bills 1.2× the revenue of OPEN, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
8 years side by side
| Fiscal year | OPEN | VAC |
|---|---|---|
| FY2025 | $4.4B | $5.0B |
| FY2024 | $5.2B | $5.0B |
| FY2023 | $6.9B | $4.7B |
| FY2022 | $15.6B | $4.7B |
| FY2021 | $8.0B | $3.9B |
| FY2020 | $2.6B | $2.9B |
| FY2019 | $4.7B | $4.3B |
| FY2018 | $1.8B | $3.0B |
Bottom line
| Fiscal year | OPEN | VAC |
|---|---|---|
| FY2025 | $-1.3B | $-308.0M |
| FY2024 | $-392.0M | $218.0M |
| FY2023 | $-275.0M | $254.0M |
| FY2022 | $-1.4B | $391.0M |
| FY2021 | $-662.0M | $49.0M |
| FY2020 | $-253.0M | $-275.0M |
| FY2019 | $-341.0M | $138.0M |
| FY2018 | $-241.3M | $55.0M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$661,000,000 | VAC |
| FY2024 | +$186,000,000 | OPEN |
| FY2023 | +$2,219,000,000 | OPEN |
| FY2022 | +$10,911,000,000 | OPEN |
| FY2021 | +$4,131,000,000 | OPEN |
| FY2020 | −$303,000,000 | VAC |
| FY2019 | +$482,000,000 | OPEN |
| FY2018 | −$1,129,934,000 | VAC |
The higher-revenue side has changed between OPEN and VAC over this period. The gap has narrowed since the earliest year compared.
8 of 17 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −23.6 pp | VAC |
| FY2024 | −12.0 pp | VAC |
| FY2023 | −9.3 pp | VAC |
| FY2022 | −17.1 pp | VAC |
| FY2021 | −9.6 pp | VAC |
| FY2020 | −0.9 pp | VAC |
| FY2019 | −10.5 pp | VAC |
| FY2018 | −14.8 pp | VAC |
VAC has kept the higher net margin in every one of these 8 fiscal years.
8 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
OPEN's net margin has been more volatile than VAC's over the 8 comparable fiscal years — 7.5 percentage points of standard deviation against 5.5.
8 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
VAC led in net margin in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
OPEN's return on equity has been more volatile than VAC's over the 5 comparable fiscal years — 45.5 percentage points of standard deviation against 10.0.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
VAC led in return on equity in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.