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Marriott International MAR

US equityMarket cap rank #176
$351.89
+$0.23 (+0.07%)
Market open · Sep 24, 1:10 pm ET
After hours $351.66 0.00%
Open$351.20
Prev close$351.66
Day range$349.67 – $354.58
Volume389.6K
Market cap$91.76B
P/E (TTM)36.4
Dividend yield0.78%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$7.07B+4.8% YoY
Operating profit$1.22B-2.0% YoY
Net profit$766.00M+0.4% YoY
Diluted EPS$2.90+4.3% YoY
Free cash flow$796.00M+63.1% YoY
Operating cash flow$948.00M

Revenue, last 8 quarters

$6.3BSep '24$6.4BDec '24$6.3BMar '25$6.7BJun '25$6.5BSep '25$6.7BDec '25$6.7BMar '26$7.1BJun '26

Net profit, last 8 quarters

$584.0MSep '24$455.0MDec '24$665.0MMar '25$763.0MJun '25$728.0MSep '25$445.0MDec '25$648.0MMar '26$766.0MJun '26

Diluted EPS by quarter

2.07Sep '241.63Dec '242.39Mar '252.78Jun '252.67Sep '251.65Dec '252.43Mar '262.90Jun '26

Free cash flow by quarter

$706.0MSep '24$-24.0MDec '24$512.0MMar '25$488.0MJun '25$951.0MSep '25$657.0MDec '25$728.0MMar '26$796.0MJun '26

Annual revenue

$10.6BFY20$13.9BFY21$20.8BFY22$23.7BFY23$25.1BFY24$26.2BFY25

Profitability & balance sheet

Gross margin20.1%
Operating margin15.7%
Net margin9.6%
Return on assets9.3%
Current ratio0.53
Liabilities / assets116.1%
Cash & investments$462.00M
Total debt$17.77B
Net cash (debt)-$17.31B
Free cash flow / sales11.6%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $7.07B $6.65B $26.19B $6.69B $6.49B
Total Operating Revenue $7.07B $6.65B $26.19B $6.69B $6.49B
Cost of Revenue $5.52B $5.31B $20.96B $5.68B $5.07B
Gross Profit $1.55B $1.34B $5.22B $1.01B $1.42B
Operating Expense $335.00M $273.00M $1.08B $205.00M $284.00M
Selling and Admin Expenses $220.00M $219.00M $870.00M $146.00M $234.00M
-General & Admin Expense $220.00M $219.00M $870.00M $146.00M $234.00M
Depreciation & Amortization & Depletion $115.00M $54.00M $213.00M $59.00M $50.00M
-Depreciation & Amortization $115.00M $54.00M $213.00M $59.00M $50.00M
Operating Profit $1.22B $1.07B $4.14B $806.00M $1.14B
Net Non-Operating Interest Income (Expense) -$201.00M -$204.00M -$767.00M -$199.00M -$194.00M
Non-Operating Interest Income $20.00M $10.00M $42.00M $9.00M $12.00M
Non-Operating Interest Expense $221.00M $214.00M $809.00M $208.00M $206.00M
Other Income (Expense) $26.00M -$6.00M $22.00M -$25.00M $48.00M
Earnings from Equity Interest $5.00M -$5.00M $11.00M $1.00M $5.00M
Special Income (Charges) $10.00M -$4.00M $2.00M -$29.00M $40.00M
-Less:Restructuring and Mergern & Acquisition -$10.00M $4.00M -$2.00M $29.00M -$40.00M
Other Non-Operating Income (Expenses) $11.00M $3.00M $9.00M $3.00M $3.00M
Pretax Profit $1.04B $858.00M $3.39B $582.00M $994.00M
Tax $278.00M $210.00M $793.00M $137.00M $266.00M
Net Profit $766.00M $648.00M $2.60B $445.00M $728.00M
Profit from Continuing Operations $766.00M $648.00M $2.60B $445.00M $728.00M
Net Income to Parent Company $766.00M $648.00M $2.60B $445.00M $728.00M
Net Income to Common Stockholders $766.00M $648.00M $2.60B $445.00M $728.00M
Basic EPS $2.90 $2.44 $9.53 $1.66 $2.68
Diluted EPS $2.90 $2.43 $9.51 $1.65 $2.67
Dividend Per Share $0.73 $0.67 $2.64 $0.67 $0.67

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $28.09B $27.86B $27.54B $27.54B $27.83B
Total Current Assets $4.23B $3.91B $3.58B $3.58B $4.11B
Cash and Cash Equivalents & Short-Term Investments $462.00M $454.00M $358.00M $358.00M $678.00M
-Cash and Cash Equivalents $462.00M $454.00M $358.00M $358.00M $678.00M
Receivables $3.34B $3.09B $2.91B $2.91B $3.10B
-Accounts Receivable $3.34B $3.09B $2.91B $2.91B $3.10B
Other Current Assets $426.00M $370.00M $317.00M $317.00M $332.00M
Total Non-Current Assets $23.86B $23.94B $23.96B $23.96B $23.72B
Net PPE $2.76B $2.90B $2.90B $2.90B $2.86B
-Gross PPE $2.76B $2.90B $3.84B $3.84B $2.86B
Investments and Advances $340.00M $304.00M $298.00M $298.00M $298.00M
-Long Term Equity Investment $340.00M $304.00M $298.00M $298.00M $298.00M
Non-Current Note Receivables $62.00M $151.00M $151.00M $151.00M $153.00M
Goodwill and Other Intangible Assets $19.34B $19.24B $19.24B $19.24B $19.09B
-Goodwill $8.88B $8.87B $8.91B $8.91B $8.89B
-Other Intangible Assets $10.47B $10.37B $10.34B $10.34B $10.20B
Non-Current Deferred Assets $524.00M $549.00M $570.00M $570.00M $571.00M
Other Non-Current Assets $833.00M $799.00M $799.00M $799.00M $747.00M
Total Liabilities $32.61B $31.95B $31.31B $31.31B $30.95B
Total Current Liabilities $7.90B $8.52B $8.40B $8.40B $8.80B
Payables $819.00M $763.00M $814.00M $814.00M $759.00M
-Accounts Payable $819.00M $763.00M $814.00M $814.00M $759.00M
Current Accrued Expenses $2.95B $3.03B $2.88B $2.88B $2.93B
Short-Term Debt and Capital Lease Obligation $460.00M $1.21B $1.21B $1.21B $1.56B
-Current Debt $460.00M $1.21B $1.21B $1.21B $1.56B
Other Current Liabilities $3.68B $3.52B $3.50B $3.50B $3.55B
Total Non-Current Liabilities $24.71B $23.43B $22.91B $22.91B $22.15B
Long Term Debt and Capital Lease Obligation $17.31B $16.20B $15.87B $15.87B $15.33B
-Long Term Debt $16.46B $15.32B $15.00B $15.00B $14.44B
-Long Term Capital Lease Obligation $859.00M $876.00M $879.00M $879.00M $887.00M
Non-Current Deferred Liabilities $1.39B $1.31B $1.28B $1.28B $1.28B
Other Non-Current Liabilities $6.01B $5.93B $5.76B $5.76B $5.55B
Total Equity -$4.53B -$4.09B -$3.77B -$3.77B -$3.12B
Stockholders' Equity -$4.53B -$4.09B -$3.77B -$3.77B -$3.12B
Capital Stock $5.00M $5.00M $5.00M $5.00M $5.00M
-Common Stock $5.00M $5.00M $5.00M $5.00M $5.00M
Additional Paid-In Capital $6.37B $6.31B $6.35B $6.35B $6.29B
Retained Earnings $19.46B $18.88B $18.41B $18.41B $18.15B
Less: Treasury Stock $29.68B $28.58B $27.90B $27.90B $26.89B
Gains/Losses Not Affecting Retained Earnings -$685.00M -$715.00M -$642.00M -$642.00M -$673.00M
-Accumulated Depreciation -$947.00M -$947.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $948.00M $858.00M $3.21B $829.00M $1.09B
Net cash flow from continuing operations $948.00M $858.00M $3.21B $829.00M $1.09B
Net Income from Continuing Operations $766.00M $648.00M $2.60B $445.00M $728.00M
Depreciation & Depletion & Amortization $222.00M $162.00M $599.00M $177.00M $143.00M
Deferred Tax $43.00M $95.00M -$277.00M -$141.00M $9.00M
Other Non-Cash Items -$107.00M $259.00M $200.00M $85.00M $28.00M
Change in Working Capital -$42.00M -$363.00M -$147.00M $198.00M $124.00M
Net cash flow from investing -$29.00M -$149.00M -$948.00M -$173.00M -$489.00M
Net Cash Flow from Continuing Investing Activities -$29.00M -$149.00M -$948.00M -$173.00M -$489.00M
Capital Expenditure -$152.00M -$130.00M -$604.00M -$172.00M -$142.00M
Net PPE Purchase and Sale $91.00M $2.00M $9.00M $0.00 $9.00M
Net Other Investing Changes $32.00M -$21.00M -$353.00M -$1.00M -$356.00M
Financing Cash Flow -$915.00M -$612.00M -$2.32B -$979.00M -$602.00M
Net Cash Flow from Continuing Financing Activities -$915.00M -$612.00M -$2.32B -$979.00M -$602.00M
Net Issuance Payments Of Debt $398.00M $337.00M $1.72B $205.00M $334.00M
Net Common Stock Issuance -$1.12B -$647.00M -$3.21B -$1.00B -$753.00M
Cash Dividends Paid -$192.00M -$178.00M -$718.00M -$179.00M -$182.00M
Net Other Financing Charges -$2.00M -$124.00M -$116.00M -$5.00M -$1.00M
Ending Cash Balance $472.00M $468.00M $371.00M $371.00M $694.00M
Net Change in Cash $4.00M $97.00M -$54.00M -$323.00M $2.00M
Beginning Cash Balance $468.00M $371.00M $425.00M $694.00M $692.00M
Free Cash Flow $796.00M $728.00M $2.61B $657.00M $951.00M
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