Marriott International, Inc. (MAR)
NASDAQ: MAR · Real-Time Price · USD
356.39
-0.21 (-0.06%)
At close: Aug 21, 2026, 4:00 PM EDT
357.39
+1.00 (0.28%)
After-hours: Aug 21, 2026, 7:34 PM EDT

Marriott International Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
7,3856,9826,6186,3005,3563,415
Revenue Growth
8.88%5.50%5.05%17.63%56.84%61.16%
Gross Profit
5,8525,5215,2894,9914,2822,681
Operating Income
4,3284,1393,8443,9243,4741,758
Net Income
2,5872,6012,3753,0832,3581,099
Earnings Per Share
9.649.518.3310.187.243.34
EPS Growth
8.90%14.17%-18.17%40.61%116.77%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Base Management Fees
1,3391,3221,2881,2381,044669
Franchise Fees
3,6143,3253,1132,8312,5051,790
Incentive Management Fees
821791769755529235
Contract Investment Amortization
-144-135-103-88-89-75
Owned, Leased, and Other
1,7551,6791,5511,5641,367796
Cost Reimbursement
19,51919,20418,48217,41315,41710,442
Revenue (Total)
26,90426,18625,10023,71320,77313,857

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4623583963385071,393
Total Debt
17,77417,18215,34512,86511,20411,386
Net Cash (Debt)
-17,312-16,824-14,949-12,527-10,697-9,993
Net Cash Growth
------
Net Cash Per Share
-64.51-61.49-52.42-41.36-32.83-30.35

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
3,7283,2122,7493,1702,3631,177
Capital Expenditures
-946-954-776-553-332-183
Free Cash Flow
2,7822,2581,9732,6172,031994
Free Cash Flow Growth
68.00%14.45%-24.61%28.85%104.33%-33.91%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
79.24%79.07%79.92%79.22%79.95%78.51%
Operating Margin
58.60%59.28%58.08%62.29%64.86%51.48%
Pretax Margin
47.10%48.61%47.61%53.62%58.14%34.55%
Profit Margin
35.03%37.25%35.89%48.94%44.02%32.18%
FCF Margin
37.67%32.34%29.81%41.54%37.92%29.11%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22
Dividend Per Share
2.9202.6402.4101.9601.000
Dividend Per Share Growth
7.69%9.54%22.96%96.00%-
Dividend Yield
0.82%0.86%0.88%0.89%0.70%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
36.9632.0132.6421.4819.9948.97
Forward PE
28.8828.2827.1824.0020.0133.55
P/FCF Ratio
33.4136.8739.2925.3123.2154.14
PS Ratio
12.5811.9211.7110.518.8015.76