MARRIOTT INTERNATIONAL INC /MD/ financials
Source: EDGAR filings · Built 2026-06-02T03:30:33Z
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 2.61B | 2.00B | 2.72B | 2.03B | 994.00M | 1.50B |
| EBITDA | 4.60B | 4.15B | 4.21B | 3.77B | 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 | 0.43× | 0.40× | 0.43× | 0.45× | 0.57× | 0.49× |
| Debt-to-Equity | -4.56× | -5.13× | -18.86× | 19.73× | 8.05× | 26.39× |
| Effective Tax Rate | 23.36% | 24.63% | 8.73% | 24.28% | 6.86% | 42.70% |
| Cash Conversion Ratio | 1.23× | 1.16× | 1.03× | 1.00× | 1.07× | -6.14× |
| Accruals Ratio | -0.02× | -0.01× | -0.00× | -0.00× | -0.00× | -0.08× |
| SBC % of Revenue | 0.90% | 0.94% | 0.86% | 0.92% | 1.31% | 1.90% |
| CapEx Coverage | 5.32× | 3.67× | 7.01× | 7.12× | 6.43× | 11.62× |
| Free Cash Flow Per Share | $9.53 | $7.01 | $8.97 | $6.23 | $3.02 | $4.60 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 32.62× | 33.49× | 22.15× | 20.56× | 49.47× | — |
| P/FCF | 32.55× | 39.80× | 25.13× | 23.88× | 54.74× | 28.69× |
| FCF Yield | 3.07% | 2.51% | 3.98% | 4.19% | 1.83% | 3.49% |
| EV / EBITDA | 21.59× | 22.20× | 18.53× | 15.09× | 33.85× | 131.19× |
| P/S | 3.15× | 3.07× | 2.76× | 2.23× | 3.89× | 4.05× |
| P/B | — | — | — | 81.42× | 38.13× | 99.52× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 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 |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 728.00M | — | 1.95B | 1.00B | 512.00M | -24.00M |
| Working Capital | -4.60B | -4.81B | -4.69B | -4.17B | -4.54B | -5.16B |
| Net Debt | 16.95B | 16.82B | 16.21B | 15.87B | 15.33B | 14.95B |
| Operating Margin | 15.99% | 11.61% | 18.18% | 18.33% | 15.14% | 11.70% |
| Net Margin | 9.74% | 6.65% | 11.22% | 11.31% | 10.62% | 7.08% |
| Return on Equity (ROE) | -15.84% | -11.80% | -23.34% | -25.74% | -20.99% | -15.21% |
| Return on Assets (ROA) | 2.33% | 1.62% | 2.62% | 2.79% | 2.50% | 1.74% |
| Current Ratio | 0.46× | 0.43× | 0.47× | 0.49× | 0.45× | 0.40× |
| Debt-to-Equity | -4.25× | -4.56× | -5.41× | -5.58× | -5.00× | -5.13× |
| Effective Tax Rate | 24.48% | 23.54% | 26.76% | 27.61% | 12.96% | 23.91% |
| Cash Conversion Ratio | 1.32× | 1.86× | 3.27× | 1.69× | 0.97× | 0.70× |
| Accruals Ratio | -0.01× | -0.01× | -0.06× | -0.02× | 0.00× | 0.01× |
| SBC % of Revenue | 0.86% | 0.97% | 2.64% | 1.63% | 0.83% | 1.00% |
| CapEx Coverage | 6.60× | — | 5.52× | 4.45× | 4.79× | 0.93× |
| Free Cash Flow Per Share | $2.73 | — | $7.16 | $3.64 | $1.84 | $-0.08 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 34.25× | 32.62× | 27.47× | 30.77× | 27.10× | 33.49× |
| P/S | 3245.09× | 3.15× | 2695.84× | 2886.81× | 2570.00× | 3.07× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 6.65B | 6.69B | 6.49B | 6.74B | 6.26B | 6.43B |
| Operating Income (Loss) | 1.06B | 777.00M | 1.18B | 1.24B | 948.00M | 752.00M |
| Income Tax Expense (Benefit) | 210.00M | 137.00M | 266.00M | 291.00M | 99.00M | 143.00M |
| Net Income (Loss) Attributable to Parent | 648.00M | 445.00M | 728.00M | 763.00M | 665.00M | 455.00M |
| Earnings Per Share, Basic | $2.44 | $1.67 | $2.68 | $2.78 | $2.40 | $1.65 |
| Weighted Average Number of Shares Outstanding, Basic | 266.10M | 272.90M | 271.80M | 274.20M | 276.90M | 284.20M |
| Earnings Per Share, Diluted | $2.43 | $1.67 | $2.67 | $2.78 | $2.39 | $1.64 |
| Weighted Average Number of Shares Outstanding, Diluted | 266.80M | 273.60M | 272.50M | 274.70M | 277.70M | 285.20M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 454.00M | 358.00M | 678.00M | 671.00M | 523.00M | 396.00M |
| Assets, Current | 3.91B | 3.58B | 4.11B | 4.03B | 3.75B | 3.48B |
| Assets | 27.86B | 27.54B | 27.83B | 27.34B | 26.65B | 26.18B |
| Long-term Debt | 23.00M | 23.00M | 23.00M | 23.00M | 23.00M | 55.00M |
| Liabilities, Current | 8.52B | 8.40B | 8.80B | 8.20B | 8.28B | 8.65B |
| Stockholders' Equity Attributable to Parent | -4.09B | -3.77B | -3.12B | -2.96B | -3.17B | -2.99B |
| Common Stock, Shares, Outstanding | — | 265.86M | — | — | — | 276.67M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 858.00M | 829.00M | 2.38B | 1.29B | 647.00M | 318.00M |
| Payments to Acquire Property, Plant, and Equipment | 130.00M | — | 432.00M | 290.00M | 135.00M | 342.00M |
| Net Cash Provided by (Used in) Investing Activities | -149.00M | -173.00M | -775.00M | -286.00M | -143.00M | -345.00M |
| Payments for Repurchase of Common Stock | 700.00M | 1.00B | 2.30B | 1.50B | 751.00M | 586.00M |
| Net Cash Provided by (Used in) Financing Activities | -612.00M | -979.00M | -1.34B | -737.00M | -383.00M | 36.00M |
Raw XBRL tagging for a single filing
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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.