MARRIOTT INTERNATIONAL INC /MD/ financials

MAR CIK 0001048286

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:09:59Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 2.61B 2.00B 2.72B 2.03B 994.00M 1.50B
EBITDA 4.29B 3.90B 3.99B 3.58B 1.89B 406.00M
Working Capital -4.81B -5.16B -4.45B -4.03B -2.78B -2.93B
Net Debt 16.82B 14.95B 12.53B 10.70B 9.99B 10.47B
Operating Margin 15.81% 15.01% 16.29% 16.67% 12.63% 0.79%
Net Margin 9.93% 9.46% 13.00% 11.35% 7.93% -2.53%
Return on Equity (ROE) -68.97% -79.38% -452.05% 415.14% 77.72% -62.09%
Return on Assets (ROA) 9.44% 9.07% 12.01% 9.50% 4.30% -1.08%
Current Ratio 0.4268 0.4029 0.4266 0.4514 0.5659 0.4911
Debt-to-Equity -4.5564 -5.1287 -18.8636 19.7254 8.0523 26.386
Effective Tax Rate 23.36% 24.63% 8.73% 24.28% 6.86% 42.70%
Cash Conversion Ratio 1.2349 1.1575 1.0282 1.0021 1.071 -6.1386
Accruals Ratio -0.0222 -0.0143 -0.0034 -0.0002 -0.0031 -0.0772
SBC % of Revenue 0.90% 0.94% 0.86% 0.92% 1.31% 1.90%
CapEx Coverage 5.3179 3.6653 7.0133 7.1175 6.4317 12.1407
Free Cash Flow Per Share $9.53 $7.01 $8.97 $6.23 $3.02 $4.62

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 32.6225 33.4862 22.1523 20.5649 49.4731
P/FCF 32.5465 39.7968 25.1312 23.8839 54.7424 28.577
FCF Yield 3.07% 2.51% 3.98% 4.19% 1.83% 3.50%
EV / EBITDA 23.1698 23.6518 19.5802 15.9234 33.8511 131.1917
P/S 3.1498 3.0747 2.763 2.2262 3.891 4.0483
P/B 81.4177 38.1314 99.5229

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenues 26.19B 25.10B 23.71B 20.77B 13.86B 10.57B
Operating Income (Loss) 4.14B 3.77B 3.86B 3.46B 1.75B 84.00M
Income Tax Expense (Benefit) 793.00M 776.00M 295.00M 756.00M 81.00M -199.00M
Net Income (Loss) Attributable to Parent 2.60B 2.38B 3.08B 2.36B 1.10B -267.00M
Earnings Per Share, Basic $9.53 $8.36 $10.23 $7.27 $3.36 $-0.82
Weighted Average Number of Shares Outstanding, Basic 272.90M 284.20M 301.50M 324.40M 327.20M 325.80M
Earnings Per Share, Diluted $9.51 $8.33 $10.18 $7.24 $3.34 $-0.82
Weighted Average Number of Shares Outstanding, Diluted 273.60M 285.20M 302.90M 325.80M 329.30M 325.80M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 358.00M 396.00M 338.00M 507.00M 1.39B 877.00M
Assets, Current 3.58B 3.48B 3.31B 3.31B 3.63B 2.83B
Assets 27.54B 26.18B 25.67B 24.82B 25.55B 24.70B
Long-term Debt 23.00M 55.00M 56.00M 92.00M 135.00M 143.00M
Liabilities, Current 8.40B 8.65B 7.76B 7.34B 6.41B 5.75B
Stockholders' Equity Attributable to Parent -3.77B -2.99B -682.00M 568.00M 1.41B 430.00M
Common Stock, Shares, Outstanding 265.86M 276.67M 290.54M 310.60M 326.30M 324.40M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 3.21B 2.75B 3.17B 2.36B 1.18B 1.64B
Payments to Acquire Property, Plant, and Equipment 750.00M 452.00M 332.00M 183.00M 135.00M
Net Cash Provided by (Used in) Investing Activities -948.00M -734.00M -465.00M -297.00M -187.00M 35.00M
Payments for Repurchase of Common Stock 3.30B 3.76B 3.95B 2.57B 0 150.00M
Net Cash Provided by (Used in) Financing Activities -2.32B -1.96B -2.86B -2.96B -463.00M -1.03B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

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Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

19 concepts 3 units
Unit US$ · 14 concepts
Label Value Period
Revenues 26.19B 2025-01-01 → 2025-12-31
Costs and Expenses 22.05B 2025-01-01 → 2025-12-31
Amortization of Intangible Assets 313.00M 2025-01-01 → 2025-12-31
Goodwill, Impairment Loss 0 2025-01-01 → 2025-12-31
Advertising Expense 999.00M 2025-01-01 → 2025-12-31
General and Administrative Expense 870.00M 2025-01-01 → 2025-12-31
Operating Income (Loss) 4.14B 2025-01-01 → 2025-12-31
Investment Income, Interest 42.00M 2025-01-01 → 2025-12-31
Other Nonoperating Income (Expense) 9.00M 2025-01-01 → 2025-12-31
InterestExpenseNonoperating 809.00M 2025-01-01 → 2025-12-31
Income (Loss) from Equity Method Investments 11.00M 2025-01-01 → 2025-12-31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 3.39B 2025-01-01 → 2025-12-31
Income Tax Expense (Benefit) 793.00M 2025-01-01 → 2025-12-31
Net Income (Loss) Attributable to Parent 2.60B 2025-01-01 → 2025-12-31
Unit shares · 2 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 272.90M 2025-01-01 → 2025-12-31
Weighted Average Number of Shares Outstanding, Diluted 273.60M 2025-01-01 → 2025-12-31
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $9.53 2025-01-01 → 2025-12-31
Earnings Per Share, Diluted $9.51 2025-01-01 → 2025-12-31
Common Stock, Dividends, Per Share, Declared $2.64 2025-01-01 → 2025-12-31

Comprehensive Income

3 concepts 1 unit

Balance Sheet

50 concepts 3 units
Unit US$ · 45 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 358.00M as of 2025-12-31
Restricted Cash 13.00M as of 2025-12-31
Accounts and Financing Receivable, after Allowance for Credit Loss, Current 2.91B as of 2025-12-31
Assets, Current 3.58B as of 2025-12-31
Operating Lease, Right-of-Use Asset 941.00M as of 2025-12-31
Property, Plant and Equipment, Gross 2.90B as of 2025-12-31
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 947.00M as of 2025-12-31
Property, Plant and Equipment, Net 1.95B as of 2025-12-31
Prepaid Expense and Other Assets 317.00M as of 2025-12-31
Equity Method Investments 298.00M as of 2025-12-31
Financing Receivable, after Allowance for Credit Loss, Noncurrent 151.00M as of 2025-12-31
Goodwill 8.91B as of 2025-12-31
Finite-Lived Intangible Assets, Gross 6.79B as of 2025-12-31
Finite-Lived Intangible Assets, Accumulated Amortization 2.61B as of 2025-12-31
Finite-Lived Intangible Assets, Net 4.19B as of 2025-12-31
Intangible Assets, Net (Excluding Goodwill) 10.34B as of 2025-12-31
Other Assets, Noncurrent 799.00M as of 2025-12-31
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued 22.00M as of 2025-12-31
Deferred Income Tax Assets, Net 570.00M as of 2025-12-31
Operating Lease, Liability 978.00M as of 2025-12-31
Assets 27.54B as of 2025-12-31
Long-term Line of Credit 0 as of 2025-12-31
Employee-related Liabilities, Current 1.44B as of 2025-12-31
Long-term Debt 23.00M as of 2025-12-31
Finance Lease, Liability 120.00M as of 2025-12-31
Debt and Lease Obligation 16.20B as of 2025-12-31
Finance Lease, Liability, Current 11.00M as of 2025-12-31
Long-term Debt and Lease Obligation, Current 1.21B as of 2025-12-31
Other Liabilities, Current 1.44B as of 2025-12-31
Self Insurance Reserve, Current 178.00M as of 2025-12-31
Liabilities, Current 8.40B as of 2025-12-31
Long-term Commercial Paper, Noncurrent 1.18B as of 2025-12-31
Finance Lease, Liability, Noncurrent 109.00M as of 2025-12-31
Long-term Debt and Lease Obligation 14.99B as of 2025-12-31
Deferred Income Tax Liabilities, Net 79.00M as of 2025-12-31
Self Insurance Reserve, Noncurrent 496.00M as of 2025-12-31
Other Liabilities, Noncurrent 1.26B as of 2025-12-31
Operating Lease, Liability, Noncurrent 879.00M as of 2025-12-31
Common Stock, Value, Issued 5.00M as of 2025-12-31
Additional Paid in Capital, Common Stock 6.35B as of 2025-12-31
Treasury Stock, Common, Value 27.90B as of 2025-12-31
Accumulated Other Comprehensive Income (Loss), Net of Tax -642.00M as of 2025-12-31
Retained Earnings (Accumulated Deficit) 18.41B as of 2025-12-31
Stockholders' Equity Attributable to Parent -3.77B as of 2025-12-31
Liabilities and Equity 27.54B as of 2025-12-31
Unit shares · 4 concepts
Label Value Period
Preferred Stock, Shares Authorized 10.00M as of 2025-12-31
Preferred Stock, Shares Outstanding 0 as of 2025-12-31
Common Stock, Shares Authorized 800.00M as of 2025-12-31
Common Stock, Shares, Outstanding 265.86M as of 2025-12-31
Unit US$ / share · 1 concept
Label Value Period
Common Stock, Par or Stated Value Per Share $0.01 as of 2025-12-31

Cash Flow Statement

25 concepts 1 unit
Unit US$ · 25 concepts
Label Value Period
Depreciation 145.00M 2025-01-01 → 2025-12-31
Share-based Payment Arrangement, Noncash Expense 236.00M 2025-01-01 → 2025-12-31
Operating Lease, Payments 152.00M 2025-01-01 → 2025-12-31
Interest Paid, Excluding Capitalized Interest, Operating Activities 698.00M 2025-01-01 → 2025-12-31
Deferred Income Tax Expense (Benefit) 62.00M 2025-01-01 → 2025-12-31
IncomeTaxPaidFederalAfterRefundReceived 496.00M 2025-01-01 → 2025-12-31
IncomeTaxPaidStateAndLocalAfterRefundReceived 156.00M 2025-01-01 → 2025-12-31
Income Taxes Paid, Net 1.07B 2025-01-01 → 2025-12-31
Other Operating Activities, Cash Flow Statement 176.00M 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Operating Activities 3.21B 2025-01-01 → 2025-12-31
Payments to Acquire Productive Assets 604.00M 2025-01-01 → 2025-12-31
Proceeds from Sale of Property, Plant, and Equipment 9.00M 2025-01-01 → 2025-12-31
Proceeds from Sale and Collection of Notes Receivable 22.00M 2025-01-01 → 2025-12-31
Payments for (Proceeds from) Other Investing Activities -10.00M 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Investing Activities -948.00M 2025-01-01 → 2025-12-31
Proceeds from Issuance of Long-term Debt 3.44B 2025-01-01 → 2025-12-31
Repayments of Long-term Debt 1.31B 2025-01-01 → 2025-12-31
Proceeds from Issuance of Common Stock 92.00M 2025-01-01 → 2025-12-31
Payments for Repurchase of Common Stock 3.30B 2025-01-01 → 2025-12-31
Payments of Ordinary Dividends, Common Stock 718.00M 2025-01-01 → 2025-12-31
Payment, Tax Withholding, Share-based Payment Arrangement 116.00M 2025-01-01 → 2025-12-31
Proceeds from (Payments for) Other Financing Activities 0 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Financing Activities -2.32B 2025-01-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -54.00M 2025-01-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 371.00M as of 2025-12-31

Notes

96 concepts 4 units
Unit US$ · 83 concepts
Label Value Period
Accounts Payable, Trade, Current 814.00M as of 2025-12-31
Current Federal Tax Expense (Benefit) 409.00M 2025-01-01 → 2025-12-31
Current State and Local Tax Expense (Benefit) 70.00M 2025-01-01 → 2025-12-31
Current Foreign Tax Expense (Benefit) 252.00M 2025-01-01 → 2025-12-31
Current Income Tax Expense (Benefit) 731.00M 2025-01-01 → 2025-12-31
Deferred Federal Income Tax Expense (Benefit) -8.00M 2025-01-01 → 2025-12-31
Deferred State and Local Income Tax Expense (Benefit) -4.00M 2025-01-01 → 2025-12-31
Deferred Foreign Income Tax Expense (Benefit) 74.00M 2025-01-01 → 2025-12-31
Operating Lease, Liability, Current 99.00M as of 2025-12-31
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense -41.00M 2025-01-01 → 2025-12-31
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity 216.00M as of 2025-12-31
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount 713.00M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount 95.00M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount 105.00M 2025-01-01 → 2025-12-31
Letters of Credit Outstanding, Amount 116.00M as of 2025-12-31
Interest Income (Expense), Nonoperating, Net -767.00M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Amount 76.00M 2025-01-01 → 2025-12-31
Line of Credit Facility, Maximum Borrowing Capacity 4.50B as of 2025-12-31
Effective Income Tax Rate Reconciliation, Tax Contingency, Amount -129.00M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount -56.00M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount -24.00M 2025-01-01 → 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year One 308.00M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Two 272.00M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Three 225.00M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Four 181.00M as of 2025-12-31
Finite-Lived Intangible Asset, Expected Amortization, Year Five 131.00M as of 2025-12-31
Guarantor Obligations, Maximum Exposure, Undiscounted 225.00M as of 2025-12-31
Guarantor Obligations, Current Carrying Value 96.00M as of 2025-12-31
Treasury Stock, Value, Acquired, Cost Method 3.29B 2025-01-01 → 2025-12-31
Intangible Assets, Net (Including Goodwill) 19.24B as of 2025-12-31
Deferred Tax Assets, Operating Loss Carryforwards 982.00M as of 2025-12-31
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration 2.87B as of 2025-12-31
Deferred Tax Assets, Tax Credit Carryforwards 64.00M as of 2025-12-31
Goodwill, Foreign Currency Translation Gain (Loss) 176.00M 2025-01-01 → 2025-12-31
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Benefits 289.00M as of 2025-12-31
Operating Lease, Cost 139.00M 2025-01-01 → 2025-12-31
Variable Lease, Cost 122.00M 2025-01-01 → 2025-12-31
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 160.00M 2025-01-01 → 2025-12-31
Finance Lease, Liability, to be Paid, Year One 16.00M as of 2025-12-31
Finance Lease, Liability, to be Paid, Year Two 16.00M as of 2025-12-31
Finance Lease, Liability, to be Paid, Year Three 17.00M as of 2025-12-31
Finance Lease, Liability, to be Paid, Year Four 17.00M as of 2025-12-31
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Reserves 134.00M as of 2025-12-31
Finance Lease, Liability, to be Paid, Year Five 18.00M as of 2025-12-31
Finance Lease, Liability, to be Paid, after Year Five 60.00M as of 2025-12-31
Finance Lease, Liability, Payment, Due 144.00M as of 2025-12-31
Deferred Tax Assets, Property, Plant and Equipment 29.00M as of 2025-12-31
Finance Lease, Liability, Undiscounted Excess Amount 24.00M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year One 144.00M as of 2025-12-31
Deferred Tax Assets, Deferred Income 114.00M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Two 125.00M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Three 118.00M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Four 102.00M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Five 96.00M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, after Year Five 668.00M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid 1.25B as of 2025-12-31
Deferred Tax Assets, Other 47.00M as of 2025-12-31
Deferred Tax Asset, Interest Carryforward 106.00M as of 2025-12-31
Deferred Tax Assets, Gross 2.36B as of 2025-12-31
Deferred Tax Assets, Valuation Allowance 1.01B as of 2025-12-31
Deferred Tax Assets, Net of Valuation Allowance 1.35B as of 2025-12-31
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 275.00M as of 2025-12-31
Deferred Tax Liabilities, Gross 861.00M as of 2025-12-31
Deferred Tax Assets, Net 491.00M as of 2025-12-31
Deferred Tax Liabilities, Other Finite-Lived Assets 584.00M as of 2025-12-31
Deferred Tax Liabilities, Leasing Arrangements 245.00M as of 2025-12-31
Deferred Tax Liabilities, Other 32.00M as of 2025-12-31
Long-Term Debt, Maturity, Year One 1.21B as of 2025-12-31
Defined Contribution Plan, Cost 264.00M 2025-01-01 → 2025-12-31
Long-Term Debt, Maturity, Year Two 2.58B as of 2025-12-31
Long-Term Debt, Maturity, Year Three 1.45B as of 2025-12-31
Long-Term Debt, Maturity, Year Four 1.30B as of 2025-12-31
Long-Term Debt, Maturity, Year Five 1.50B as of 2025-12-31
Long-Term Debt, Maturity, after Year Five 8.16B as of 2025-12-31
Operating Loss Carryforwards 4.44B as of 2025-12-31
Unrecognized Tax Benefits 94.00M as of 2025-12-31
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions 1.00M 2025-01-01 → 2025-12-31
Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions 16.00M 2025-01-01 → 2025-12-31
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations 106.00M 2025-01-01 → 2025-12-31
Unrecognized Tax Benefits that Would Impact Effective Tax Rate 90.00M as of 2025-12-31
Income (Loss) from Continuing Operations before Income Taxes, Domestic 2.02B 2025-01-01 → 2025-12-31
Income (Loss) from Continuing Operations before Income Taxes, Foreign 1.37B 2025-01-01 → 2025-12-31
Accounts and Financing Receivable, Allowance for Credit Loss 212.00M as of 2025-12-31
Unit shares · 2 concepts
Unit segment · 1 concept
Label Value Period
Number of Reportable Segments 4 2025-01-01 → 2025-12-31

Other

2 concepts 1 unit
Unit US$ · 2 concepts
Label Value Period
Dividends, Cash 718.00M 2025-01-01 → 2025-12-31
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 211.00M 2025-01-01 → 2025-12-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (MAR CIK 0001048286), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.