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Marriott International, Inc.(MAR)Earnings, Financials & Key Ratios
MAR•NASDAQ
$359.06
$95.15B mkt cap·37.8× P/E·Price updated May 6, 2026
AboutMarriott International, Inc. operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through U.S. and Canada, and International segments. It operates its properties under the JW Marriott, The Ritz-Carlton, Ritz-Carlton Reserve, W Hotels, The Luxury Collection, St. Regis, EDITION, Bulgari, Marriott Hotels, Sheraton, Delta Hotels, Marriott Executive Apartments, Marriott Vacation Club, Westin, Renaissance, Le Méridien, Autograph Collection, Gaylord Hotels, Tribute Portfolio, Design Hotels, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, Four Points, TownePlace Suites, Aloft, AC Hotels by Marriott, Protea Hotels, Element, and Moxy brand names. As of February 15, 2022, it operated approximately 7,989 properties under 30 hotel brands in 139 countries and territories. Marriott International, Inc. was founded in 1927 and is headquartered in Bethesda, Maryland.Show more
- Revenue$26.19B+4.3%
- EBITDA$4.44B+4.2%
- Net Income$2.6B+9.5%
- EPS (Diluted)9.49+13.9%
- Gross Margin21.34%+5.0%
- EBITDA Margin16.95%
- Operating Margin15.81%+5.4%
- Net Margin9.93%+5.0%
- ROIC25.04%+4.5%
- Interest Coverage5.18-6.4%
MAR Key Insights
Marriott International, Inc. (MAR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 19.9%
- ✓Share count reduced 5.5% through buybacks
- ✓Healthy 5Y average net margin of 10.3%
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MAR Price & Volume
Marriott International, Inc. (MAR) stock price & volume — 10-year historical chart
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MAR Growth Metrics
Marriott International, Inc. (MAR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.1%
5 Years19.89%
3 Years8.02%
TTM-14.39%
Profit CAGR
10 Years11.72%
5 Years-
3 Years3.32%
TTM4.36%
EPS CAGR
10 Years11.66%
5 Years-
3 Years9.44%
TTM3023.15%
Return on Capital
10 Years14.42%
5 Years18.75%
3 Years21.89%
Last Year22.58%
MAR Recent Earnings
Marriott International, Inc. (MAR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 6, 2026EPS
$2.72
Est $2.56
+6.3%
Revenue
$6.7B
Est $6.6B
+1.0%
Q1 2026
Feb 10, 2026EPS
$2.58
Est $2.60
-0.8%
Revenue
$6.7B
Est $6.7B
+0.3%
Q4 2025
Nov 4, 2025EPS
$2.47
Est $2.38
+3.8%
Revenue
$6.5B
Est $6.5B
+0.5%
Q3 2025
Aug 5, 2025EPS
$2.65
Est $2.61
+1.5%
Revenue
$6.7B
Est $6.7B
+1.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $2.72vs $2.56+6.3% | $6.7Bvs $6.6B+1.0% |
| Q1 2026 | Feb 10, 2026 | $2.58vs $2.60-0.8% | $6.7Bvs $6.7B+0.3% |
| Q4 2025 | Nov 4, 2025 | $2.47vs $2.38+3.8% | $6.5Bvs $6.5B+0.5% |
| Q3 2025 | Aug 5, 2025 | $2.65vs $2.61+1.5% | $6.7Bvs $6.7B+1.1% |
Based on last 12 quarters of dataView full earnings history →
MAR Peer Comparison
Marriott International, Inc. (MAR) competitors in Hotel franchisors and brand managers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HLT | 73.19B | 321.51 | 52.53 | 7.74% | 12.56% | |||
 IHG | 21.9B | 145.56 | 29.89 | 5.4% | 13.72% | |||
 H | 16.18B | 169.37 | -313.65 | 116.96% | -0.55% | -0.91% | 1.31 | |
 WH | 6.26B | 83.31 | 33.73 | 1.49% | 13.4% | 37.33% | 6.53 | |
 CHH | 4.81B | 105.17 | 13.31 | 0.75% | 21.55% | 312.73% | 11.76 | |
 VAC | 2.68B | 78.26 | -8.86 | 1.31% | -7.37% | -15.31% | 2.89 | |
 TNL | 4.06B | 64.98 | 18.89 | 4.06% | 5.85% | |||
 HGV | 3.95B | 48.61 | 54.62 | 1.32% | 3.84% | 13.33% | 5.10 |
Compare MAR vs Peers
Marriott International, Inc. (MAR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MAR Income Statement
Marriott International, Inc. (MAR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 20.45B | 20.76B | 20.97B | 10.57B | 13.86B | 20.77B | 23.71B | 25.1B | 26.19B | 21.73B |
| Revenue Growth % | 32.74% | 1.5% | 1.03% | -49.59% | 31.09% | 49.91% | 14.15% | 5.85% | 4.33% | -14.39% |
| Cost of Goods Sold | 16.64B | 17.08B | 17.75B | 9.11B | 11.06B | 16.21B | 18.59B | 20B | 20.6B | 20.43B |
| COGS % of Revenue | 81.36% | 82.3% | 84.66% | 86.2% | 79.79% | 78.06% | 78.39% | 79.68% | 78.66% | - |
| Gross Profit | 3.81B▲ 0% | 3.67B▼ 3.6% | 3.22B▼ 12.4% | 1.46B▼ 54.6% | 2.8B▲ 92.0% | 4.56B▲ 62.7% | 5.12B▲ 12.4% | 5.1B▼ 0.4% | 5.59B▲ 9.5% | 1.31B▲ 0% |
| Gross Margin % | 18.64% | 17.7% | 15.34% | 13.8% | 20.21% | 21.94% | 21.61% | 20.32% | 21.34% | 6.02% |
| Gross Profit Growth % | 42.7% | -3.65% | -12.44% | -54.65% | 91.98% | 62.73% | 12.42% | -0.45% | 9.53% | - |
| Operating Expenses | 1.31B | 1.31B | 1.42B | 1.38B | 1.05B | 1.1B | 1.26B | 1.33B | 1.45B | 1.37B |
| OpEx % of Revenue | 6.4% | 6.3% | 6.76% | 13.01% | 7.58% | 5.28% | 5.31% | 5.31% | 5.54% | - |
| Selling, General & Admin | 921M | 927M | 938M | 762M | 823M | 891M | 1.01B | 1.07B | 965M | 939M |
| SG&A % of Revenue | 4.5% | 4.47% | 4.47% | 7.21% | 5.94% | 4.29% | 4.26% | 4.28% | 3.69% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 388M | 381M | 479M | 613M | 228M | 205M | 249M | 260M | 486M | 3M |
| Operating Income | 2.5B▲ 0% | 2.37B▼ 5.5% | 1.8B▼ 23.9% | 84M▼ 95.3% | 1.75B▲ 1983.3% | 3.46B▲ 97.8% | 3.86B▲ 11.6% | 3.77B▼ 2.5% | 4.14B▲ 9.9% | 4.26B▲ 0% |
| Operating Margin % | 12.24% | 11.4% | 8.58% | 0.79% | 12.63% | 16.67% | 16.29% | 15.01% | 15.81% | 19.59% |
| Operating Income Growth % | 75.84% | -5.51% | -23.92% | -95.33% | 1983.33% | 97.83% | 11.61% | -2.51% | 9.93% | - |
| EBITDA | 2.78B | 2.65B | 2.2B | 562M | 2.04B | 3.86B | 4.3B | 4.26B | 4.44B | 4.59B |
| EBITDA Margin % | 13.61% | 12.77% | 10.5% | 5.32% | 14.76% | 18.59% | 18.13% | 16.97% | 16.95% | 21.12% |
| EBITDA Growth % | 75.81% | -4.78% | -16.87% | -74.49% | 263.88% | 88.85% | 11.34% | -0.95% | 4.23% | 5.01% |
| D&A (Non-Cash Add-back) | 279M | 284M | 403M | 478M | 295M | 400M | 436M | 492M | 298M | 334M |
| EBIT | 3.27B | 2.69B | 1.99B | -21M | 1.6B | 3.52B | 3.94B | 3.85B | 4.19B | 3.25B |
| Net Interest Income | -250M | -318M | -368M | -418M | -392M | -377M | -535M | -655M | -767M | -584M |
| Interest Income | 38M | 22M | 26M | 27M | 28M | 26M | 30M | 40M | 42M | 43M |
| Interest Expense | 288M | 340M | 394M | 445M | 420M | 403M | 565M | 695M | 809M | 403M |
| Other Income/Expense | 478M | -21M | -201M | -550M | -570M | -348M | -486M | -616M | -747M | -769M |
| Pretax Income | 2.98B▲ 0% | 2.35B▼ 21.4% | 1.6B▼ 31.8% | -466M▼ 129.1% | 1.18B▲ 353.2% | 3.11B▲ 163.9% | 3.38B▲ 8.5% | 3.15B▼ 6.7% | 3.39B▲ 7.7% | 3.49B▲ 0% |
| Pretax Margin % | 14.58% | 11.3% | 7.62% | -4.41% | 8.52% | 14.99% | 14.25% | 12.55% | 12.96% | 16.05% |
| Income Tax | 1.52B | 438M | 326M | -199M | 81M | 756M | 295M | 776M | 793M | 484M |
| Effective Tax Rate % | 51.07% | 18.68% | 20.39% | 42.7% | 6.86% | 24.28% | 8.73% | 24.63% | 23.36% | 13.88% |
| Net Income | 1.46B▲ 0% | 1.91B▲ 30.7% | 1.27B▼ 33.2% | -267M▼ 121.0% | 1.1B▲ 511.6% | 2.36B▲ 114.6% | 3.08B▲ 30.7% | 2.38B▼ 23.0% | 2.6B▲ 9.5% | 2.58B▲ 0% |
| Net Margin % | 7.13% | 9.19% | 6.07% | -2.53% | 7.93% | 11.35% | 13% | 9.46% | 9.93% | 11.89% |
| Net Income Growth % | 80.57% | 30.71% | -33.25% | -120.97% | 511.61% | 114.56% | 30.75% | -22.96% | 9.52% | 4.36% |
| Net Income (Continuing) | 1.46B | 1.91B | 1.27B | -267M | 1.1B | 2.36B | 3.08B | 2.38B | 2.6B | 2.58B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 3.84▲ 0% | 5.10▲ 32.8% | 3.79▼ 25.7% | -0.82▼ 121.6% | 3.34▲ 507.3% | 7.24▲ 116.8% | 10.18▲ 40.6% | 8.33▼ 18.2% | 9.49▲ 13.9% | -▲ 0% |
| EPS Growth % | 40.66% | 32.81% | -25.69% | -121.64% | 507.32% | 116.77% | 40.61% | -18.17% | 13.93% | 3023.15% |
| EPS (Basic) | 3.89 | 5.16 | 3.83 | -0.82 | 3.36 | 7.27 | 10.23 | 8.36 | 9.52 | - |
| Diluted Shares Outstanding | 379.9M | 354.2M | 335.5M | 325.8M | 329.3M | 325.8M | 302.9M | 285.2M | 269.4M | 0 |
| Basic Shares Outstanding | 375.2M | 350.1M | 332.7M | 325.8M | 327.2M | 324.4M | 301.5M | 284.2M | 268.5M | 0 |
| Dividend Payout Ratio | 33.04% | 28.47% | 48.08% | - | - | 13.61% | 19.04% | 28.72% | 27.6% | - |
MAR Balance Sheet
Marriott International, Inc. (MAR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.75B | 2.71B | 3.13B | 2.83B | 3.63B | 3.31B | 3.31B | 3.48B | 3.58B | 3.54B |
| Cash & Short-Term Investments | 383M | 316M | 225M | 877M | 1.39B | 507M | 338M | 396M | 358M | 454M |
| Cash Only | 383M | 316M | 225M | 877M | 1.39B | 507M | 338M | 396M | 358M | 454M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.97B | 2.13B | 2.4B | 1.77B | 1.98B | 2.57B | 2.71B | 2.79B | 2.91B | 3.09B |
| Days Sales Outstanding | 35.21 | 37.51 | 41.68 | 61.05 | 52.21 | 45.17 | 41.74 | 40.64 | 40.55 | 50.73 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 149M | 8M | 255M | 0 | 0 | 235M | 261M | 0 | 317M | 0 |
| Total Non-Current Assets | 21.2B | 20.99B | 21.92B | 21.88B | 21.93B | 21.5B | 22.36B | 22.7B | 23.96B | 12.63B |
| Property, Plant & Equipment | 1.79B | 1.96B | 2.79B | 2.27B | 2.56B | 2.57B | 2.51B | 2.68B | 2.9B | 2.9B |
| Fixed Asset Turnover | 11.41x | 10.61x | 7.51x | 4.67x | 5.40x | 8.08x | 9.45x | 9.37x | 9.05x | 7.57x |
| Goodwill | 9.21B | 9.04B | 9.05B | 9.18B | 9.07B | 8.87B | 8.89B | 8.73B | 8.91B | 8.87B |
| Intangible Assets | 8.8B | 8.38B | 8.64B | 8.99B | 8.93B | 8.75B | 9.19B | 9.49B | 10.34B | 0 |
| Long-Term Investments | 734M | 732M | 577M | 422M | 387M | 335M | 308M | 298M | 298M | 1.2B |
| Other Non-Current Assets | 563M | 712M | 712M | 775M | 748M | 736M | 796M | 852M | 950M | 7.7B |
| Total Assets | 23.95B▲ 0% | 23.7B▼ 1.1% | 25.05B▲ 5.7% | 24.7B▼ 1.4% | 25.55B▲ 3.4% | 24.82B▼ 2.9% | 25.67B▲ 3.5% | 26.18B▲ 2.0% | 27.54B▲ 5.2% | 16.17B▲ 0% |
| Asset Turnover | 0.85x | 0.88x | 0.84x | 0.43x | 0.54x | 0.84x | 0.92x | 0.96x | 0.95x | 0.88x |
| Asset Growth % | -0.8% | -1.05% | 5.72% | -1.4% | 3.45% | -2.89% | 3.46% | 1.98% | 5.19% | -21.71% |
| Total Current Liabilities | 5.81B | 6.44B | 6.68B | 5.75B | 6.41B | 7.34B | 7.76B | 8.65B | 8.4B | 4.07B |
| Accounts Payable | 783M | 767M | 720M | 527M | 726M | 746M | 738M | 763M | 814M | 763M |
| Days Payables Outstanding | 17.18 | 16.39 | 14.8 | 21.11 | 23.97 | 16.79 | 14.49 | 13.93 | 14.42 | 13.91 |
| Short-Term Debt | 398M | 833M | 977M | 1.17B | 805M | 684M | 553M | 1.31B | 1.21B | 2.09B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.22B |
| Other Current Liabilities | 2.12B | 2.53B | 2.26B | 1.77B | 2.52B | 3.31B | 3.33B | 3.49B | 3.5B | 763M |
| Current Ratio | 0.47x | 0.42x | 0.47x | 0.49x | 0.57x | 0.45x | 0.43x | 0.40x | 0.43x | 0.43x |
| Quick Ratio | 0.47x | 0.42x | 0.47x | 0.49x | 0.57x | 0.45x | 0.43x | 0.40x | 0.43x | 0.43x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 36.82 |
| Total Non-Current Liabilities | 14.46B | 15.03B | 17.67B | 18.52B | 17.73B | 16.91B | 18.59B | 20.52B | 22.91B | 15.41B |
| Long-Term Debt | 7.84B | 8.51B | 9.96B | 9.2B | 9.33B | 9.38B | 11.32B | 13.14B | 14.99B | 15.32B |
| Capital Lease Obligations | 0 | 0 | 882M | 823M | 1.1B | 1.03B | 887M | 794M | 879M | 2.76B |
| Deferred Tax Liabilities | 605M | 485M | 290M | 83M | 169M | 313M | 209M | 81M | 79M | 345M |
| Other Non-Current Liabilities | 5.43B | 5.3B | 5.7B | 6.87B | 5.95B | 5.12B | 5.16B | 5.41B | 5.76B | 16.77B |
| Total Liabilities | 20.26B | 21.47B | 24.35B | 24.27B | 24.14B | 24.25B | 26.36B | 29.17B | 31.31B | 19.48B |
| Total Debt | 8.24B | 9.35B | 11.82B | 11.2B | 11.24B | 11.1B | 12.76B | 15.24B | 17.08B | 17.41B |
| Net Debt | 7.86B | 9.03B | 11.6B | 10.32B | 9.84B | 10.59B | 12.42B | 14.85B | 16.73B | 16.95B |
| Debt / Equity | 2.30x | 4.20x | 16.82x | 26.04x | 7.95x | 19.54x | - | - | - | -5.26x |
| Debt / EBITDA | 2.96x | 3.53x | 5.37x | 19.93x | 5.49x | 2.87x | 2.97x | 3.58x | 3.85x | 3.79x |
| Net Debt / EBITDA | 2.82x | 3.41x | 5.26x | 18.37x | 4.81x | 2.74x | 2.89x | 3.49x | 3.77x | 3.77x |
| Interest Coverage | 11.35x | 7.90x | 5.06x | -0.05x | 3.81x | 8.73x | 6.98x | 5.53x | 5.18x | 8.06x |
| Total Equity | 3.58B▲ 0% | 2.23B▼ 37.9% | 703M▼ 68.4% | 430M▼ 38.8% | 1.41B▲ 228.8% | 568M▼ 59.8% | -682M▼ 220.1% | -2.99B▼ 338.7% | -3.77B▼ 26.0% | -3.31B▲ 0% |
| Equity Growth % | -72.46% | -37.88% | -68.4% | -38.83% | 228.84% | -59.83% | -220.07% | -338.71% | -26.04% | -100.97% |
| Book Value per Share | 9.43 | 6.28 | 2.10 | 1.32 | 4.29 | 1.74 | -2.25 | -10.49 | -14.00 | -14.00 |
| Total Shareholders' Equity | 3.58B | 2.23B | 703M | 430M | 1.41B | 568M | -682M | -2.99B | -3.77B | -3.31B |
| Common Stock | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M |
| Retained Earnings | 7.24B | 8.98B | 9.64B | 9.21B | 10.3B | 12.34B | 14.84B | 16.53B | 18.41B | 18.88B |
| Treasury Stock | -9.42B | -12.19B | -14.38B | -14.5B | -14.45B | -17.02B | -20.93B | -24.64B | -27.9B | 0 |
| Accumulated OCI | -17M | -391M | -361M | -135M | -342M | -729M | -647M | -1.06B | -642M | -715M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MAR Cash Flow Statement
Marriott International, Inc. (MAR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 2.23B | 2.36B | 1.69B | 1.64B | 1.18B | 2.36B | 3.17B | 2.75B | 3.21B | 3.21B |
| Operating CF Margin % | 10.89% | 11.35% | 8.03% | 15.5% | 8.49% | 11.38% | 13.37% | 10.95% | 12.27% | - |
| Operating CF Growth % | 37.55% | 5.84% | -28.51% | -2.73% | -28.19% | 100.76% | 34.15% | -13.28% | 16.84% | 200.8% |
| Net Income | 1.46B | 1.91B | 1.27B | -267M | 1.1B | 2.36B | 3.08B | 2.38B | 2.6B | 2.58B |
| Depreciation & Amortization | 279M | 284M | 403M | 478M | 295M | 400M | 436M | 492M | 599M | 625M |
| Stock-Based Compensation | 181M | 184M | 187M | 201M | 182M | 192M | 205M | 237M | 236M | 241M |
| Deferred Taxes | 887M | -239M | -200M | -478M | -281M | 280M | -612M | -172M | -277M | -303M |
| Other Non-Cash Items | -549M | 297M | 295M | 1.73B | -228M | -325M | -11M | -101M | 200M | 98M |
| Working Capital Changes | -30M | -76M | -273M | -28M | 110M | -542M | 69M | -82M | -147M | 178M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 1.21B | -52M | -284M | 35M | -187M | -297M | -465M | -734M | -948M | -954M |
| Capital Expenditures | -240M | -556M | -653M | -135M | -183M | -332M | -452M | -750M | -604M | -528M |
| CapEx % of Revenue | 1.17% | 2.68% | 3.11% | 1.28% | 1.32% | 1.6% | 1.91% | 2.99% | 2.31% | - |
| Acquisitions | -189M | 0 | 395M | 260M | 0 | 0 | -101M | 0 | 0 | 9M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.64B | 504M | -26M | -90M | -4M | 35M | 88M | 16M | -344M | -417M |
| Cash from Financing | -3.9B | -2.37B | -1.51B | -1.03B | -463M | -2.96B | -2.86B | -1.96B | -2.32B | -2.55B |
| Debt Issued (Net) | -250M | 1.12B | 1.51B | -616M | -231M | -3M | 1.78B | 2.55B | 1.72B | 1.12B |
| Equity Issued (Net) | -3.01B | -2.85B | -2.25B | -150M | 2M | -2.57B | -3.92B | -3.69B | -3.21B | -2.5B |
| Dividends Paid | -482M | -543M | -612M | -156M | 0 | -321M | -587M | -682M | -718M | -722M |
| Share Repurchases | -3.01B | -2.85B | -2.26B | -150M | 0 | -2.57B | -3.95B | -3.76B | -3.3B | -2.55B |
| Other Financing | -157M | -105M | -156M | -111M | -234M | -72M | -133M | -138M | -116M | -441M |
| Net Change in Cash | -458M▲ 0% | -69M▲ 84.9% | -107M▼ 55.1% | 641M▲ 699.1% | 527M▼ 17.8% | -896M▼ 270.0% | -159M▲ 82.3% | 59M▲ 137.1% | -54M▼ 191.5% | -78M▲ 0% |
| Free Cash Flow | 1.99B▲ 0% | 1.8B▼ 9.4% | 1.03B▼ 42.7% | 1.5B▲ 45.7% | 994M▼ 33.9% | 2.03B▲ 104.3% | 2.72B▲ 33.8% | 2B▼ 26.5% | 2.61B▲ 30.5% | 3.24B▲ 0% |
| FCF Margin % | 9.72% | 8.68% | 4.92% | 14.23% | 7.17% | 9.78% | 11.46% | 7.96% | 9.96% | 14.93% |
| FCF Growth % | 39.93% | -9.36% | -42.7% | 45.74% | -33.91% | 104.33% | 33.83% | -26.45% | 30.47% | 76.21% |
| FCF per Share | 5.23 | 5.08 | 3.08 | 4.62 | 3.02 | 6.23 | 8.97 | 7.01 | 9.68 | 9.68 |
| FCF Conversion (FCF/Net Income) | 1.53x | 1.24x | 1.32x | -6.14x | 1.07x | 1.00x | 1.03x | 1.16x | 1.23x | 1.26x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MAR Key Ratios
Marriott International, Inc. (MAR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 17.59% | 65.68% | 86.95% | -47.13% | 119.2% | 237.94% | - | - | - | -78.54% |
| Return on Invested Capital (ROIC) | 11.7% | 15.64% | 11.46% | 0.55% | 11.93% | 23.17% | 25.31% | 23.95% | 25.04% | 25.04% |
| Gross Margin | 18.64% | 17.7% | 15.34% | 13.8% | 20.21% | 21.94% | 21.61% | 20.32% | 21.34% | 6.02% |
| Net Margin | 7.13% | 9.19% | 6.07% | -2.53% | 7.93% | 11.35% | 13% | 9.46% | 9.93% | 11.89% |
| Debt / Equity | 2.30x | 4.20x | 16.82x | 26.04x | 7.95x | 19.54x | - | - | - | -5.26x |
| Interest Coverage | 11.35x | 7.90x | 5.06x | -0.05x | 3.81x | 8.73x | 6.98x | 5.53x | 5.18x | 8.06x |
| FCF Conversion | 1.53x | 1.24x | 1.32x | -6.14x | 1.07x | 1.00x | 1.03x | 1.16x | 1.23x | 1.26x |
| Revenue Growth | 32.74% | 1.5% | 1.03% | -49.59% | 31.09% | 49.91% | 14.15% | 5.85% | 4.33% | -14.39% |
MAR SEC Filings & Documents
Marriott International, Inc. (MAR) SEC filings — annual & quarterly reports (10-K, 10-Q)
MAR Frequently Asked Questions
Marriott International, Inc. (MAR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Marriott International, Inc. (MAR) reported $21.73B in revenue for fiscal year 2025. This represents a 140% increase from $9.05B in 1997.
Marriott International, Inc. (MAR) grew revenue by 4.3% over the past year. Growth has been modest.
Yes, Marriott International, Inc. (MAR) is profitable, generating $2.58B in net income for fiscal year 2025 (9.9% net margin).
Dividend & Returns
Yes, Marriott International, Inc. (MAR) pays a dividend with a yield of 0.74%. This makes it attractive for income-focused investors.
Marriott International, Inc. (MAR) generated $3.24B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More MAR
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