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MARMarriott International, Inc.
$396.20$104.5B
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  3. Financial Ratios
  4. Quarterly

Marriott International, Inc. (MAR) Quarterly Financial Ratios

Last 48 quarters of trend data · Consumer Cyclical · Travel Lodging

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Marriott International, Inc.'s quarterly P/E stands at 33.9x, up 36.1% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 29.3% YoY to 24.3x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →41.7533.9247.0124.3924.5724.9243.0530.0222.4732.6819.6419.5819.30
—+36.1%+9.2%-18.8%+9.3%-23.8%+119.1%+53.4%+16.5%+91.3%+11.9%+7.8%+16.9%
P/S Ratio3.993.313.122.742.782.643.042.802.693.082.732.492.31
—+25.3%+2.8%-2.2%+3.3%-14.2%+11.1%+12.4%+16.7%+33.8%+36.9%+15.8%+9.8%
P/B Ratio—————————————
—————————————
P/FCF40.0630.2531.8018.6724.1032.30—24.7826.7827.4527.0119.4825.37
—-6.3%—-24.7%-10.0%+17.7%—+27.2%+5.6%+68.4%-31.3%+36.7%+31.4%
EV / EBITDA27.3024.2926.2917.7317.6218.7922.5520.7016.6921.8424.9915.2014.53
—+29.3%+16.6%-14.4%+5.6%-14.0%-9.8%+36.2%+14.9%+41.4%+84.0%+13.8%+9.3%
EV / EBIT29.2724.2931.7418.1718.0721.3129.8821.7717.0924.3426.9415.6415.33
—+14.0%+6.2%-16.5%+5.7%-12.5%+10.9%+39.2%+11.5%+50.5%+87.1%+10.2%+10.3%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Marriott International, Inc.'s operating margin was 16.0% in Q1 2026, up 4.4 pp QoQ and up 0.9 pp YoY.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin21.3%20.2%16.5%21.9%26.9%19.9%17.7%20.4%23.3%19.9%18.2%23.6%23.4%
—+1.4%-6.7%+7.7%+15.5%-0.2%-2.5%-13.6%-0.6%-6.7%-15.9%+2.1%+1.6%
Operating Margin15.8%16.0%11.6%18.2%18.3%15.1%11.7%15.1%18.6%14.7%11.8%18.5%18.0%
—+5.6%-0.7%+20.5%-1.2%+3.3%-0.7%-18.6%+2.9%-13.5%-29.9%+2.8%+1.4%
Net Margin9.9%9.7%6.7%11.2%11.3%10.6%7.1%9.3%12.0%9.4%13.9%12.7%12.0%
—-8.3%-6.0%+20.2%-5.6%+12.5%-49.1%-26.4%+0.3%-30.0%+22.4%+7.0%-5.9%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE—————————————
—————————————
ROA9.7%2.3%1.6%2.6%2.8%2.5%1.7%2.2%3.0%2.2%3.3%3.0%2.9%
—-7.1%-7.5%+17.4%-5.7%+14.8%-47.8%-24.7%+3.1%-28.0%+22.6%+17.1%+6.9%
ROIC25.0%6.4%4.5%6.8%7.4%5.9%4.8%6.1%7.8%5.7%4.7%7.2%7.2%
—+8.1%-6.8%+11.5%-5.1%+4.6%+2.9%-15.3%+8.0%-11.0%-32.6%+7.9%+13.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Marriott International, Inc.'s Debt/EBITDA ratio is 15.4x, down from 17.9x last quarter — elevated, raising questions about debt serviceability.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity—————————————
—————————————
Debt / EBITDA3.8515.4217.9113.7312.8314.6214.7814.2511.2513.6216.1310.9010.55
—+5.5%+21.1%-3.6%+14.1%+7.4%-8.4%+30.7%+6.6%+18.4%+54.9%+7.7%+9.1%
Current Ratio0.430.460.430.470.450.450.400.420.420.420.430.480.46
—+1.6%+5.9%+11.4%+5.5%+7.1%-5.5%-12.5%-7.7%-9.8%-5.5%-7.4%+1.0%
Quick Ratio0.430.460.430.470.450.450.400.420.420.420.430.480.46
—+1.6%+5.9%+11.4%+5.5%+7.1%-5.5%-12.5%-7.7%-9.8%-5.5%-7.4%+1.0%
Interest Coverage5.185.013.805.836.194.984.325.397.015.464.807.777.84
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

Consensus-Based Analysis Tools

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Peer Comparison

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MAR — Frequently Asked Questions

Quick answers to the most common questions about buying MAR stock.

What is Marriott International, Inc.'s quarterly P/E ratio trend?

Marriott International, Inc.'s current P/E is 41.7x. The average P/E over the last 4 quarters is 32.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Marriott International, Inc.'s margins change by quarter?

Marriott International, Inc.'s current operating margin is 15.8%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at MAR quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Marriott International, Inc.'s business trajectory between earnings reports.