MAR · Marriott International Inc /MD/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.65B | - | $6.49B | $6.74B | $6.26B | - | $6.25B | $6.44B | $5.98B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $219.00M | - | $234.00M | $245.00M | $245.00M | - | $276.00M | $248.00M | $261.00M | - |
| Total Operating Expenses | $5.59B | - | $5.31B | $5.51B | $5.32B | - | $5.31B | $5.24B | $5.10B | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $1.06B | - | $1.18B | $1.24B | $948.00M | - | $944.00M | $1.20B | $876.00M | - |
| Interest Expense | $214.00M | - | $206.00M | $203.00M | $163.00M | - | $179.00M | $140.00M | $163.00M | - |
| Income Tax | $210.00M | - | $266.00M | $291.00M | $99.00M | - | $202.00M | $268.00M | $163.00M | - |
| Net Income | $648.00M | - | $728.00M | $763.00M | $665.00M | - | $584.00M | $772.00M | $564.00M | - |
| EPS - Basic | $2.44 | - | $2.68 | $2.78 | $2.40 | - | $2.08 | $2.70 | $1.94 | - |
| EPS - Diluted | $2.43 | - | $2.67 | $2.78 | $2.39 | - | $2.07 | $2.69 | $1.93 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $454.00M | $358.00M | $678.00M | $671.00M | $523.00M | $396.00M | $394.00M | $349.00M | $429.00M | $338.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $763.00M | $814.00M | $759.00M | $778.00M | $812.00M | $763.00M | $807.00M | $826.00M | $793.00M | $738.00M |
| Current Assets | $3.91B | $3.58B | $4.11B | $4.03B | $3.75B | $3.48B | $3.57B | $3.50B | $3.45B | $3.31B |
| Total Assets | $27.86B | $27.54B | $27.83B | $27.34B | $26.65B | $26.18B | $26.21B | $25.74B | $25.76B | $25.67B |
| Current Liabilities | $8.52B | $8.40B | $8.80B | $8.20B | $8.28B | $8.65B | $8.52B | $8.28B | $8.17B | $7.76B |
| Long-term Debt | $23.00M | $23.00M | $23.00M | $23.00M | $23.00M | $55.00M | $56.00M | $56.00M | $56.00M | $56.00M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | ($4.09B) | ($3.77B) | ($3.12B) | ($2.96B) | ($3.17B) | ($2.99B) | ($2.42B) | ($2.09B) | ($1.62B) | ($682.00M) |
| Retained Earnings | $18.88B | $18.41B | $18.15B | $17.60B | $17.02B | $16.53B | $16.25B | $15.84B | $15.25B | $14.84B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $858.00M | - | - | - | $647.00M | - | - | - | $779.00M | - |
| Investing Cash Flow | ($149.00M) | - | - | - | ($143.00M) | - | - | - | ($95.00M) | - |
| Financing Cash Flow | ($612.00M) | - | - | - | ($383.00M) | - | - | - | ($602.00M) | - |
| CapEx | $130.00M | - | - | - | $135.00M | - | - | - | $109.00M | - |
| Free Cash Flow | $728.00M | - | - | - | $512.00M | - | - | - | $670.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 16.0% | - | 18.2% | 18.3% | 15.1% | - | 15.1% | 18.6% | 14.7% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 9.7% | - | 11.2% | 11.3% | 10.6% | - | 9.3% | 12.0% | 9.4% | - |
| Free cash flow margin | 10.9% | - | - | - | 8.2% | - | - | - | 11.2% | - |
| FCF / Net income | 1.12 | - | - | - | 0.77 | - | - | - | 1.19 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 3.3% | - | 3.6% | 3.6% | 3.9% | - | 4.4% | 3.9% | 4.4% | - |
| Effective tax rate | 24.5% | - | 26.8% | 27.6% | 13.0% | - | 25.7% | 25.8% | 22.4% | - |
| Return on assets | 2.3% | - | 2.6% | 2.8% | 2.5% | - | 2.2% | 3.0% | 2.2% | - |
| Return on equity | -15.8% | - | -23.3% | -25.7% | -21.0% | - | -24.1% | -36.9% | -34.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.46 | 0.43 | 0.47 | 0.49 | 0.45 | 0.40 | 0.42 | 0.42 | 0.42 | 0.43 |
| Quick ratio | 0.46 | 0.43 | 0.47 | 0.49 | 0.45 | 0.40 | 0.42 | 0.42 | 0.42 | 0.43 |
| Cash ratio | 0.05 | 0.04 | 0.08 | 0.08 | 0.06 | 0.05 | 0.05 | 0.04 | 0.05 | 0.04 |
| Leverage | ||||||||||
| Debt / Equity | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | -0.02 | -0.02 | -0.03 | -0.03 | -0.08 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 5.0x | - | 5.7x | 6.1x | 5.8x | - | 5.3x | 8.5x | 5.4x | - |
| Equity multiplier | -6.81 | -7.30 | -8.92 | -9.22 | -8.41 | -8.75 | -10.83 | -12.31 | -15.94 | -37.65 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.24 | - | 0.23 | 0.25 | 0.24 | - | 0.24 | 0.25 | 0.23 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 134.6x | - | 97.5x | 98.3x | 99.7x | - | 120.1x | 89.9x | 130.7x | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 13.1x | - | 10.9x | 11.1x | 10.6x | - | 11.2x | 10.8x | 12.3x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 6.2% | - | 3.7% | 4.7% | 4.8% | - | 5.5% | 6.0% | 6.4% | - |
| Revenue CAGR (3y) | 5.8% | - | 6.9% | 8.1% | 14.3% | - | 16.6% | 26.9% | 37.2% | - |
| Revenue CAGR (5y) | 23.5% | - | 23.6% | 35.7% | 6.0% | - | 3.4% | 4.0% | 3.6% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 12.2% | - | 25.0% | 3.4% | 8.2% | - | -14.1% | 9.0% | -7.9% | - |
| Net income growth (YoY) | -2.6% | - | 24.7% | -1.2% | 17.9% | - | -22.3% | 6.3% | -25.5% | - |
| EPS growth (YoY) | 1.7% | - | 29.0% | 3.3% | 23.8% | - | -17.5% | 13.0% | -20.6% | - |
| EPS CAGR (3y) | 0.0% | - | 11.2% | 10.5% | 28.0% | - | 45.6% | 28.1% | - | - |
| EPS CAGR (5y) | - | - | 53.8% | - | 92.7% | - | 12.3% | 31.3% | 12.1% | - |
| FCF growth (YoY) | 42.2% | - | - | - | -23.6% | - | - | - | -15.4% | - |
| FCF CAGR (5y) | - | - | - | - | 2.4% | - | - | - | 51.1% | - |
| Book value growth (YoY) | -29.2% | -26.0% | -28.8% | -41.8% | -96.0% | -338.7% | -266.3% | -833.5% | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$23.42B totalUSAnd Canada Segment$19.35B · 82.6%
EMEASegment$2.41B · 10.3%
APEC$1.07B · 4.6%
Greater China$590.00M · 2.5%
Product / service
$26.19B totalReimbursements$19.20B · 73.3%
Fee Service$5.30B · 20.3%
Owned Leasedand Other$1.68B · 6.4%
Geographic
$5.67B totalNon Us$5.67B · 100.0%
Peer comparison
Same SIC group: Hotels & Motels
Comparing MARRIOTT INTERNATIONAL INC /MD/ against the 5 most active filers in the same SIC group.
Dividends
$2.74/share trailing 12 months · +7.0% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.7300 |
| Feb 26, 2026 | $0.6700 |
| Nov 20, 2025 | $0.6700 |
| Aug 21, 2025 | $0.6700 |
| May 23, 2025 | $0.6700 |
| Feb 27, 2025 | $0.6300 |
| Nov 21, 2024 | $0.6300 |
| Aug 16, 2024 | $0.6300 |
| May 23, 2024 | $0.6300 |
| Feb 21, 2024 | $0.5200 |
| Nov 21, 2023 | $0.5200 |
| Aug 16, 2023 | $0.5200 |
| May 25, 2023 | $0.5200 |
| Feb 23, 2023 | $0.4000 |
| Nov 22, 2022 | $0.4000 |
| Aug 17, 2022 | $0.3000 |
| May 13, 2022 | $0.3000 |
| Feb 27, 2020 | $0.4800 |
| Nov 20, 2019 | $0.4800 |
| Aug 21, 2019 | $0.4800 |
| May 23, 2019 | $0.4800 |
| Feb 28, 2019 | $0.4100 |
| Nov 20, 2018 | $0.4100 |
| Aug 22, 2018 | $0.4100 |