MARRIOTT INTERNATIONAL INC /MD/
MAR· Nasdaq· Hotels & Motels
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 10.0%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +19.9%
We record prices for the companies we cover; MAR is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 273.6M
- Revenue
- $26.2B
- Free cash flow
- $2.6B
- Owner earnings
- $2.4B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 15.8%
- Net
- 9.9%
- Free cash flow
- 10.0%
- Owner earnings
- 9.1%
- Stock pay
- 0.9%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- –
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- 8.0%
- Revenue, 5 yr
- 19.9%
- Revenue, 9 yr
- 6.1%
- Diluted EPS, 3 yr
- 9.5%
- Diluted EPS, 5 yr
- –
- Diluted EPS, 9 yr
- 14.9%
- Free cash flow, 3 yr
- 8.7%
- Free cash flow, 5 yr
- 11.6%
- Free cash flow, 9 yr
- 7.0%
Financial health · FY2025
- Cash and investments
- $358.0M
- Total debt
- $23.0M
- Net cash
- $335.0M
- Debt/Equity
- –
- Debt/FCF
- 0.0x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 27.6%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -3.4%
Financials: ten years from the 10-Ks
Revenue
$26.2B
+6.1% a year over 9 years
FY2016FY2025
Margins
Operating15.8%Net9.9%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$2.6BOwner earnings$2.4B
Free cash flow +7.0% a year
FY2016FY2025
Diluted shares
273.6M
-7.5% over 9 years, net buybacks
FY2016FY2025
Return on invested capital
–
FY2025
FY2016FY2025
Net cash
$335.0M
$335.0M more cash than debt
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $15.4B | $20.5B | $20.8B | $21.0B | $10.6B | $13.9B | $20.8B | $23.7B | $25.1B | $26.2B |
| Revenue growth | 6.4% | 32.7% | 1.5% | 1.0% | -49.6% | 31.1% | 49.9% | 14.2% | 5.8% | 4.3% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 9.2% | 12.2% | 11.4% | 8.6% | 0.8% | 12.6% | 16.7% | 16.3% | 15.0% | 15.8% |
| Net income | $808.0M | $1.5B | $1.9B | $1.3B | -$267.0M | $1.1B | $2.4B | $3.1B | $2.4B | $2.6B |
| Net margin | 5.2% | 7.1% | 9.2% | 6.1% | -2.5% | 7.9% | 11.4% | 13.0% | 9.5% | 9.9% |
| Diluted EPS | $2.73 | $3.84 | $5.38 | $3.80 | $-0.82 | $3.34 | $7.24 | $10.18 | $8.33 | $9.51 |
| Return on invested capital? | – | – | – | 197.7% | – | 1044.8% | 1713.4% | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $1.6B | $2.2B | $2.4B | $1.7B | $1.6B | $1.2B | $2.4B | $3.2B | $2.7B | $3.2B |
| Capital expenditure | $199.0M | $240.0M | $556.0M | $653.0M | $135.0M | $183.0M | $332.0M | $452.0M | $750.0M | $604.0M |
| Free cash flow | $1.4B | $2.0B | $1.8B | $1.0B | $1.5B | $994.0M | $2.0B | $2.7B | $2.0B | $2.6B |
| Stock-based compensation | $212.0M | $181.0M | $184.0M | $187.0M | $201.0M | $182.0M | $192.0M | $205.0M | $237.0M | $236.0M |
| Owner earnings? | $1.2B | $1.8B | $1.6B | $845.0M | $1.3B | $812.0M | $1.8B | $2.5B | $1.8B | $2.4B |
| Free cash flow per share | $4.80 | $5.23 | $5.08 | $3.08 | $4.62 | $3.02 | $6.23 | $8.97 | $7.01 | $9.53 |
| Capital allocation | ||||||||||
| Dividends paid | $374.0M | $482.0M | $543.0M | $612.0M | $156.0M | $0 | $321.0M | $587.0M | $682.0M | $718.0M |
| Share repurchases | $568.0M | $3.0B | $2.9B | $2.3B | $150.0M | $0 | $2.6B | $4.0B | $3.8B | $3.3B |
| Diluted shares | 295.7M | 379.9M | 354.2M | 335.5M | 325.8M | 329.3M | 325.8M | 302.9M | 285.2M | 273.6M |
| Share count change? | 8.4% | 28.5% | -6.8% | -5.3% | -2.9% | 1.1% | -1.1% | -7.0% | -5.8% | -4.1% |
| Balance sheet | ||||||||||
| Cash and equivalents | $858.0M | $383.0M | $316.0M | $225.0M | $877.0M | $1.4B | $507.0M | $338.0M | $396.0M | $358.0M |
| Short-term investments | – | – | – | – | – | – | – | – | – | – |
| Total debt | – | – | – | $247.0M | $143.0M | $135.0M | $92.0M | $56.0M | $55.0M | $23.0M |
| Net debt | – | – | – | $22.0M | -$734.0M | -$1.3B | -$415.0M | -$282.0M | -$341.0M | -$335.0M |
| Shareholders' equity | $5.1B | $3.6B | $2.2B | $703.0M | $430.0M | $1.4B | $568.0M | -$682.0M | -$3.0B | -$3.8B |
Latest filings
| 2026-08-03 | 10-Q | Quarterly report |
| 2026-08-03 | 8-K | Earnings release |
| 2026-05-06 | 10-Q | Quarterly report |
| 2026-05-06 | 8-K | Earnings release |
| 2026-03-27 | DEF 14A | Proxy statement |
| 2026-02-10 | 10-K | Annual report |
| 2026-02-10 | 8-K | Earnings release |
| 2025-11-04 | 10-Q | Quarterly report |
| 2025-11-04 | 8-K | Earnings release |
| 2025-08-05 | 10-Q | Quarterly report |
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