Marriott International, Inc. logo MAR - Marriott International, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 23
HOLD 28
SELL 1
STRONG
SELL 0
| PRICE TARGET: $390.85 DETAILS
HIGH: $446.00
LOW: $350.00
MEDIAN: $386.00
CONSENSUS: $390.85
UPSIDE: 5.88%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue
Revenue 26,186 25,100 23,713 20,773 13,857 10,571 20,972 20,758 20,452 15,407 14,486 13,796 12,784 11,814 12,317 11,691 10,908 12,879 12,990 11,995 11,129 10,099 9,014 8,415 7,768 7,911 8,739 7,968 9,046
Cost of Revenue 20,599 19,999 18,589 16,215 11,056 9,112 17,755 17,084 16,639 12,735 12,363 11,830 11,020 10,190 11,039 10,216 9,673 11,256 11,034 10,231 9,677 9,015 8,114 7,584 6,693 6,975 7,747 7,092 0
Gross Profit 5,587 5,101 5,124 4,558 2,801 1,459 3,217 3,674 3,813 2,672 2,123 1,966 1,764 1,624 1,278 1,475 1,235 1,623 1,956 1,764 1,452 1,084 900 831 1,075 936 992 876 9,046
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 965 1,074 1,011 891 823 762 938 927 921 743 634 659 649 582 752 780 722 803 785 677 781 607 523 510 655 125 164 110 0
Other Expenses 486 260 249 205 228 613 479 381 388 505 139 148 127 102 0 0 665 55 (17) 0 (28) 0 0 0 0 0 162 140 8,437
Operating Expenses 1,451 1,334 1,260 1,096 1,051 1,375 1,417 1,308 1,309 1,248 773 807 776 684 752 780 1,387 858 768 677 753 607 523 510 655 125 326 250 8,437
Operating Income
Operating Income 4,141 3,767 3,864 3,462 1,750 84 1,800 2,366 2,504 1,424 1,350 1,159 988 940 526 695 (152) 765 1,188 1,087 699 477 377 321 420 811 666 626 609
Interest Expense 809 695 565 403 420 445 394 340 288 234 167 115 120 137 164 180 118 163 0 0 0 0 0 0 0 0 0 0 0
Interest Income 42 40 30 26 28 27 26 22 38 35 29 30 23 17 14 19 25 39 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 4,488 4,338 4,379 3,917 1,895 457 2,396 2,969 3,549 1,632 1,561 1,351 1,144 1,088 664 909 (115) 1,047 1,385 1,275 883 643 537 508 642 1,006 828 766 735
EBIT 4,190 3,846 3,943 3,517 1,600 (21) 1,993 2,685 3,270 1,473 1,422 1,203 1,017 986 520 731 (300) 857 1,188 1,087 699 477 377 321 420 811 666 626 609
Income Before Tax 3,394 3,151 3,378 3,114 1,180 (466) 1,599 2,345 2,982 1,239 1,255 1,088 897 849 356 551 (418) 694 1,137 1,092 829 654 488 471 421 771 637 632 531
Income Tax Expense 793 776 295 756 81 (199) 326 438 1,523 431 396 335 271 278 158 93 (65) 350 441 380 284 100 (43) 32 152 281 237 242 207
Net Income 2,601 2,375 3,083 2,358 1,099 (267) 1,273 1,907 1,459 808 859 753 626 571 198 458 (346) 362 696 608 669 596 502 277 236 479 400 390 324
Per Share Data
EPS (Basic) 9.52 8.36 10.23 7.27 3.36 -0.82 3.83 5.16 3.89 2.78 3.22 2.60 2.05 1.77 0.56 1.26 -0.97 1.02 1.83 1.48 1.61 1.31 1.08 0.58 0.48 0.97 0.80 0.77 0.63
EPS (Diluted) 9.49 8.33 10.18 7.24 3.34 -0.82 3.79 5.10 3.84 2.73 3.15 2.54 2.00 1.72 0.55 1.21 -0.97 0.98 1.73 1.39 1.43 1.23 1.01 0.54 0.46 0.93 0.74 0.72 0.59
Shares Outstanding 268.5 284.2 301.5 324.4 327.2 325.8 332.7 350.1 375.2 290.9 267.3 289.9 305 322.6 350.1 362.8 356.4 355.6 380.3 409.8 445.6 459.7 470.8 488.4 494.2 487.0 501.4 505.5 515.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997
Current Assets
Cash & Cash Equivalents 358 396 338 507 1,393 877 225 316 383 858 115 134 770 229 198 817 334 489 390 289
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 2,909 2,795 2,712 2,571 1,982 1,768 2,395 2,133 1,973 1,695 838 898 797 699 524 611 728 740 605 724
Inventory 0 0 0 0 0 0 0 0 0 756 1,444 1,981 162 223 300 96 97 93 75 129
Other Current Assets 317 0 261 235 0 0 255 8 149 588 386 393 217 84 722 383 256 278 263 66
Total Current Assets 3,584 3,485 3,311 3,313 3,626 2,825 3,127 2,706 2,747 3,371 2,851 3,368 1,946 1,235 1,744 2,130 1,415 1,600 1,333 1,367
Non-Current Assets
Property, Plant & Equipment 2,895 2,678 2,510 2,572 2,565 2,266 2,792 1,956 1,793 2,335 1,362 1,443 2,389 2,513 2,589 2,930 3,241 2,845 2,275 1,537
Goodwill 8,907 8,731 8,886 8,872 9,073 9,175 9,048 9,039 9,207 7,598 875 875 0 0 0 0 0 0 0 0
Intangible Assets 10,336 9,488 9,190 8,747 8,926 8,989 8,641 8,380 8,805 9,270 731 710 1,436 1,449 1,418 1,764 1,833 1,820 1,712 724
Long-Term Investments 298 298 308 335 387 422 577 732 734 728 249 346 0 468 493 823 747 0 228 530
Other Non-Current Assets 950 852 796 736 748 775 712 712 563 722 845 1,434 2,500 2,980 2,545 2,283 1,748 1,059 913 675
Total Non-Current Assets 23,956 22,697 22,363 21,502 21,927 21,876 21,924 20,990 21,201 20,769 5,082 5,535 6,722 6,942 6,552 6,977 6,822 5,724 4,900 4,190
Total Assets 27,540 26,182 25,674 24,815 25,553 24,701 25,051 23,696 23,948 24,140 7,933 8,903 8,668 8,177 8,296 9,107 8,237 7,324 6,233 5,557
Current Liabilities
Account Payables 814 763 738 746 726 527 720 767 783 687 562 704 570 584 529 697 660 628 497 839
Short-Term Debt 1,209 1,309 553 684 805 1,173 977 833 398 309 64 120 489 64 242 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 70 0 0 0 0 0 0 0 0
Other Current Liabilities 3,497 3,487 3,328 3,314 2,522 1,769 2,258 2,529 2,121 1,866 1,142 1,006 789 710 1,063 747 1,257 1,115 915 57
Total Current Liabilities 8,398 8,649 7,762 7,339 6,407 5,752 6,677 6,437 5,807 5,147 2,287 2,533 2,356 1,770 2,207 1,802 1,917 1,743 1,412 1,639
Non-Current Liabilities
Long-Term Debt 14,995 13,138 11,320 9,380 9,333 9,203 9,963 8,514 7,840 8,197 2,234 2,975 836 1,391 1,553 2,815 2,016 1,676 1,267 422
Deferred Tax Liabilities 79 81 209 313 169 83 290 485 605 1,020 255 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 5,760 5,409 5,160 5,122 5,951 6,868 5,696 5,304 5,429 4,419 2,270 2,004 1,383 1,178 963 1,012 1,037 997 984 910
Total Non-Current Liabilities 22,913 20,525 18,594 16,908 17,732 18,519 17,671 15,034 14,457 13,636 4,504 4,979 2,219 2,569 2,516 3,827 3,053 2,673 2,251 1,332
Total Liabilities 31,311 29,174 26,356 24,247 24,139 24,271 24,348 21,471 20,264 18,783 6,791 7,512 4,575 4,339 4,723 5,629 4,970 4,416 3,663 2,971
Stockholders' Equity
Common Stock 5 5 5 5 5 5 5 5 5 5 5 5 3 3 3 3 3 3 3 0
Retained Earnings 18,414 16,531 14,838 12,342 10,305 9,206 9,644 8,982 7,242 6,501 3,103 3,565 1,951 1,505 1,126 941 851 508 218 0
Accumulated Other Comprehensive Income (642) (1,063) (647) (729) (342) (135) (361) (391) (17) (497) 13 (15) (99) (122) (70) (341) (723) (36) (32) 0
Total Stockholders' Equity (3,771) (2,992) (682) 568 1,414 430 703 2,225 3,582 5,357 1,142 1,380 4,081 3,838 3,573 3,478 3,267 2,908 2,570 2,586
Total Liabilities & Equity 27,540 26,182 25,674 24,815 25,553 24,701 25,051 23,696 23,846 24,140 7,933 8,903 8,668 8,177 8,296 9,107 8,237 7,324 6,233 5,557
Debt Metrics
Total Debt 17,083 15,241 12,760 11,098 11,236 11,199 11,822 9,347 8,238 8,506 2,298 3,095 1,325 1,455 1,795 2,815 2,016 1,676 1,267 422
Net Debt 16,725 14,845 12,422 10,591 9,843 10,322 11,597 9,031 7,855 7,648 2,183 2,961 555 1,226 1,597 1,998 1,682 1,187 877 133
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997
Operating Activities
Net Income 2,601 2,375 3,083 2,358 1,099 (267) 1,273 1,907 1,459 808 668 594 476 439 269 490 400 390 324
Depreciation & Amortization 599 492 436 400 295 478 403 284 279 159 184 166 160 187 222 195 162 140 126
Stock-Based Compensation 236 237 205 192 182 201 187 184 181 212 0 0 0 0 0 0 0 0 0
Change in Working Capital (147) (82) 69 (542) 110 (28) (273) (76) (30) (106) 27 196 41 (3) 16 190 145 (7) 39
Other Non-Cash Items 200 (101) (11) (325) (228) 1,733 295 297 (549) 443 (39) (65) (274) (107) (104) (19) (83) 6 32
Operating Cash Flow 3,212 2,749 3,170 2,363 1,177 1,639 1,685 2,357 2,227 1,619 840 891 403 516 403 856 711 605 521
Investing Activities
Capital Expenditure (604) (750) (452) (332) (183) (135) (653) (556) (240) (199) (780) (181) (210) (292) (560) (1,095) (990) (985) (520)
Acquisitions 0 0 (101) 0 0 260 395 0 (189) (2,392) 0 0 0 0 0 0 0 0 (859)
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 (231) 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (344) 16 88 35 (4) (90) (26) 504 1,640 245 881 468 521 609 79 69 203 261 331
Investing Cash Flow (948) (734) (465) (297) (187) 35 (284) (52) 1,211 (2,346) (130) 287 311 317 (481) (1,026) (787) (724) (1,048)
Financing Activities
Net Debt Issuance 1,724 2,553 1,780 (3) (231) (616) 1,513 1,120 (250) 2,529 332 (141) (361) (1,165) 784 312 303 395 1
Stock Repurchased (3,300) (3,762) (3,953) (2,566) 0 (150) (2,260) (2,850) (3,013) (568) (1,644) (664) (373) (252) (235) (340) (354) (398) 0
Dividends Paid (718) (682) (587) (321) 0 (156) (612) (543) (482) (374) (84) (73) (68) (65) (61) (55) (52) (37) 0
Other Financing Activities (116) (138) (133) (72) (234) (111) (156) (105) (157) (124) (3) 35 17 0 0 46 235 326 576
Financing Cash Flow (2,318) (1,956) (2,864) (2,962) (463) (1,033) (1,508) (2,374) (3,896) 1,497 (1,274) (637) (683) (1,447) 564 21 175 301 577
Cash Position
Net Change in Cash (54) 59 (159) (896) 527 641 (107) (69) (458) 770 (564) 541 31 (614) 486 (149) 99 182 50
Cash at Beginning 425 366 525 1,421 894 253 360 429 887 117 765 229 198 812 326 475 390 208 239
Cash at End 371 425 366 525 1,421 894 253 360 429 887 201 770 229 198 812 326 489 390 289
Free Cash Flow 2,608 1,999 2,718 2,031 994 1,504 1,032 1,801 1,987 1,420 60 710 193 224 (157) (239) (279) (380) 1
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Income Statement
Revenue 26,186 25,100 23,713 20,773 13,857 10,571 20,972 20,758 20,452 15,407 14,486 13,796 12,784 11,814 12,317 11,691 10,908 12,879 12,990 11,995 11,129 10,099 9,014 8,415 7,768 7,911 8,739 7,968 9,046
Gross Profit 5,587 5,101 5,124 4,558 2,801 1,459 3,217 3,674 3,813 2,672 2,123 1,966 1,764 1,624 1,278 1,475 1,235 1,623 1,956 1,764 1,452 1,084 900 831 1,075 936 992 876 9,046
Operating Income 4,141 3,767 3,864 3,462 1,750 84 1,800 2,366 2,504 1,424 1,350 1,159 988 940 526 695 (152) 765 1,188 1,087 699 477 377 321 420 811 666 626 609
Net Income 2,601 2,375 3,083 2,358 1,099 (267) 1,273 1,907 1,459 808 859 753 626 571 198 458 (346) 362 696 608 669 596 502 277 236 479 400 390 324
EPS (Diluted) 9.49 8.33 10.18 7.24 3.34 -0.82 3.79 5.10 3.84 2.73 3.15 2.54 2.00 1.72 0.55 1.21 -0.97 0.98 1.73 1.39 1.43 1.23 1.01 0.54 0.46 0.93 0.74 0.72 0.59
Balance Sheet
Cash & Equivalents 358 396 338 507 1,393 877 225 316 383 858 115 134 770 229 198 817 334 489 390 289
Total Assets 27,540 26,182 25,674 24,815 25,553 24,701 25,051 23,696 23,948 24,140 7,933 8,903 8,668 8,177 8,296 9,107 8,237 7,324 6,233 5,557
Total Debt 17,083 15,241 12,760 11,098 11,236 11,199 11,822 9,347 8,238 8,506 2,298 3,095 1,325 1,455 1,795 2,815 2,016 1,676 1,267 422
Stockholders' Equity (3,771) (2,992) (682) 568 1,414 430 703 2,225 3,582 5,357 1,142 1,380 4,081 3,838 3,573 3,478 3,267 2,908 2,570 2,586
Cash Flow
Operating Cash Flow 3,212 2,749 3,170 2,363 1,177 1,639 1,685 2,357 2,227 1,619 840 891 403 516 403 856 711 605 521
Capital Expenditure (604) (750) (452) (332) (183) (135) (653) (556) (240) (199) (780) (181) (210) (292) (560) (1,095) (990) (985) (520)
Free Cash Flow 2,608 1,999 2,718 2,031 994 1,504 1,032 1,801 1,987 1,420 60 710 193 224 (157) (239) (279) (380) 1