MAR
Marriott InternationalStock · Consumer DiscretionaryNasdaq-100 0.4% · Nasdaq Composite 0.2% · S&P 500 Equal Weight 0.2% · S&P 500 0.1% · Russell 1000 0.1% · Russell 3000 0.1% · US Stock Market 0.1% · MSCI World 0.10% · MSCI ACWI 0.08%$334.69+1.71%
as of market close, Sep 11, 2026
☾ AH — —
MAR financial statements
The full income statement, balance sheet, and cash-flow statement for Marriott International (MAR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 281.5M2024-09 277.9M2024-12 275.7M2025-03 273.9M2025-06 271.5M2025-09 268.4M2025-12 265.0M2026-03 263.7M2026-06 260.8M-7.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 26.2B+4.3% | 25.1B+5.8% | 23.7B+14.2% | 20.8B+49.9% | 13.9B+31.1% | |
| Selling, general & administrative | 870M-7.9% | 945M+9.0% | 867M-2.7% | 891M+8.3% | 823M+8.0% | |
| General & administrative | 870M-7.9% | 945M+9.0% | 867M-2.7% | 891M+8.3% | 823M+8.0% | |
| Restructuring | — | 68.0M | — | — | — | |
| Amortization of intangibles | 313M+22.7% | 255M+12.8% | 226M+14.7% | 197M | — | |
| Provision for credit losses | — | — | 29.0M+7.4% | 27.0M+22.7% | 22.0M-83.8% | |
| Operating income | 4.14B+9.9% | 3.77B-2.5% | 3.86B+11.6% | 3.46B+97.8% | 1.75B+1983.3% | |
| Interest expense | 809M+16.4% | 695M+23.0% | 565M+40.2% | 403M-4.0% | 420M-5.6% | |
| Interest & investment income | 42.0M+5.0% | 40.0M+33.3% | 30.0M+15.4% | 26.0M-7.1% | 28.0M+3.7% | |
| Other non-operating income | 9.00M-71.0% | 31.0M-22.5% | 40.0M+263.6% | 11.0M+10.0% | 10.0M+11.1% | |
| Equity-method income | 11.0M+37.5% | 8.00M-11.1% | 9.00M-50.0% | 18.0M+175.0% | -24.0M+83.0% | |
| Pre-tax income | 3.39B+7.7% | 3.15B-6.7% | 3.38B+8.5% | 3.11B+163.9% | 1.18B+353.2% | |
| Income tax | 793M+2.2% | 776M+163.1% | 295M-61.0% | 756M+833.3% | 81.0M+140.7% | |
| Net income | 2.60B+9.5% | 2.38B-23.0% | 3.08B+30.7% | 2.36B+114.6% | 1.10B+511.6% | |
| $9.51+14.2% | $8.33-18.2% | $10.18+40.6% | $7.24+116.8% | $3.34+507.3% | ||
| EPS (basic) | $9.53+14.0% | $8.36-18.3% | $10.23+40.7% | $7.27+116.4% | $3.36+509.8% | |
| Weighted-avg shares (basic) | 273M-4.0% | 284M-5.7% | 302M-7.1% | 324M-0.9% | 327M+0.4% | |
| Weighted-avg shares (diluted) | 274M-4.1% | 285M-5.8% | 303M-7.0% | 326M-1.1% | 329M+1.1% | |
| Dividends per share | $2.64+9.5% | $2.41+23.0% | $1.96+96.0% | $1.00 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.58B+2.8% | 3.48B+5.3% | 3.31B-0.1% | 3.31B-8.6% | 3.63B+28.4% | ||
| Cash & equivalents | 358M-9.6% | 396M+17.2% | 338M-33.3% | 507M-63.6% | 1.39B+58.8% | |
| Prepaid expenses | 317M | — | — | — | — | |
| 27.5B+5.2% | 26.2B+2.0% | 25.7B+3.5% | 24.8B-2.9% | 25.6B+3.4% | ||
| Property, plant & equipment | 1.95B+6.6% | 1.83B+15.9% | 1.58B-0.3% | 1.58B+5.5% | 1.50B-0.7% | |
| Operating lease right-of-use | 941M+11.4% | 845M-9.0% | 929M-5.9% | 987M-7.1% | 1.06B+41.2% | |
| Goodwill | 8.91B+2.0% | 8.73B-1.7% | 8.89B+0.2% | 8.87B-2.2% | 9.07B-1.1% | |
| Intangible assets | 10.3B+8.9% | 9.49B+3.2% | 9.19B+5.1% | 8.75B-2.0% | 8.93B-0.7% | |
| Deferred tax assets | 570M-12.3% | 650M-3.4% | 673M+180.4% | 240M+5.3% | 228M-8.4% | |
| Other non-current assets | 799M+11.6% | 716M+8.8% | 658M+12.7% | 584M-3.3% | 604M-1.9% | |
| 8.40B-2.9% | 8.65B+11.4% | 7.76B+5.8% | 7.34B+14.5% | 6.41B+11.4% | ||
| Accounts payable | 814M+6.7% | 763M+3.4% | 738M-1.1% | 746M+2.8% | 726M+37.8% | |
| Short-term & current debt | 1.21B-7.6% | 1.31B+136.7% | 553M-19.2% | 684M-15.0% | 805M-31.4% | |
| Current lease liability | 99.0M-4.8% | 104M-1.0% | 105M-0.9% | 106M-29.3% | 150M+2.0% | |
| Other current liabilities | 1.44B-12.2% | 1.64B-6.4% | 1.75B+35.3% | 1.30B+11.1% | 1.17B-19.6% | |
| Finance lease liability (current) | 11.0M+22.2% | 9.00M+12.5% | 8.00M+0.0% | 8.00M+14.3% | 7.00M+0.0% | |
| Long-term debt | 23.0M-58.2% | 55.0M-1.8% | 56.0M-39.1% | 92.0M-31.9% | 135M-5.6% | |
| Non-current lease liability | 879M+10.7% | 794M-10.5% | 887M-14.2% | 1.03B-5.8% | 1.10B+33.4% | |
| Operating lease liability (total) | 978M+8.9% | 898M-9.5% | 992M-13.0% | 1.14B-8.7% | 1.25B+28.7% | |
| Finance lease liability (total) | 120M-3.2% | 124M-5.3% | 131M-5.8% | 139M-4.8% | 146M-4.6% | |
| Finance lease liability | 109M-5.2% | 115M-6.5% | 123M-6.1% | 131M-5.8% | 139M-4.8% | |
| Deferred tax liabilities | 79.0M-2.5% | 81.0M-61.2% | 209M-33.2% | 313M+85.2% | 169M+103.6% | |
| Other non-current liabilities | 1.26B-8.1% | 1.38B-7.1% | 1.48B-19.5% | 1.84B-8.0% | 2.00B-15.4% | |
| -3.77B-26.0% | -2.99B-338.7% | -682M-220.1% | 568M-59.8% | 1.41B+228.8% | ||
| Common stock | 5.00M+0.0% | 5.00M+0.0% | 5.00M+0.0% | 5.00M+0.0% | 5.00M+0.0% | |
| Additional paid-in capital | 6.35B+2.8% | 6.18B+2.1% | 6.05B+1.4% | 5.96B+1.2% | 5.89B+0.7% | |
| Retained earnings | 18.4B+11.4% | 16.5B+11.4% | 14.8B+20.2% | 12.3B+19.8% | 10.3B+11.9% | |
| Treasury stock | 27.9B+13.2% | 24.6B+17.8% | 20.9B+23.0% | 17.0B+17.8% | 14.4B-0.4% | |
| Accumulated other comprehensive income | -642M+39.6% | -1.06B-64.3% | -647M+11.2% | -729M-113.2% | -342M-153.3% | |
| Total equity incl. non-controlling | — | — | — | 568M-59.8% | 1.41B+228.8% | |
| Total liabilities & equity | 27.5B+5.2% | 26.2B+2.0% | 25.7B+3.5% | 24.8B-2.9% | 25.6B+3.4% | |
| Common shares outstanding | 266M-3.9% | 277M-4.8% | 291M-6.5% | 311M-4.8% | 326M+0.6% | |
| Shares outstanding (cover) | 265M-3.9% | 276M-4.8% | 289M-6.0% | 308M-5.6% | 326M+0.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.21B+16.8% | 2.75B-13.3% | 3.17B+34.2% | 2.36B+100.8% | 1.18B-28.2% | ||
| Depreciation & amortization | 458M+19.6% | 383M+10.1% | 348M+11.9% | 311M+125.4% | 138M-57.1% | |
| Intangible amortization | 313M+22.7% | 255M+12.8% | 226M+14.7% | 197M | — | |
| Share-based compensation | 236M-0.4% | 237M+15.6% | 205M+6.8% | 192M+5.5% | 182M-9.5% | |
| Deferred income taxes | 62.0M+180.5% | -77.0M+85.8% | -543M-450.3% | 155M+31.4% | 118M+138.2% | |
| Other operating activities | 176M+4300.0% | 4.00M+102.9% | -138M-181.6% | -49.0M+66.0% | -144M-112.6% | |
| -948M-29.2% | -734M-57.8% | -465M-56.6% | -297M-58.8% | -187M-634.3% | ||
| Capital expenditure | 604M-19.5% | 750M+65.9% | 452M+36.1% | 332M+81.4% | 183M+35.6% | |
| Free cash flow | 2.61B+30.5% | 2.00B-26.5% | 2.72B+33.8% | 2.03B+104.3% | 994M-33.9% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 9.00M-43.8% | 16.0M-77.5% | 71.0M+7000.0% | 1.00M-91.7% | 12.0M-95.4% | |
| Other investing activities | -10.0M | 0.00+100.0% | -33.0M-6.5% | -31.0M-172.1% | 43.0M-24.6% | |
| -2.32B-18.5% | -1.96B+31.7% | -2.86B+3.3% | -2.96B-539.7% | -463M+55.2% | ||
| Long-term debt issued | 3.44B+16.6% | 2.95B+53.7% | 1.92B+95.1% | 983M-45.2% | 1.79B-49.6% | |
| Long-term debt repaid | 1.31B+134.6% | 558M-18.4% | 684M-14.9% | 804M-63.0% | 2.17B+15.2% | |
| Common stock issued | 92.0M+26.0% | 73.0M+151.7% | 29.0M | 0.00-100.0% | 2.00M | |
| Common stock repurchased | 3.30B-12.3% | 3.76B-4.8% | 3.95B+54.1% | 2.57B | 0.00-100.0% | |
| Dividends paid | 718M+5.3% | 682M+16.2% | 587M+82.9% | 321M | 0.00-100.0% | |
| Other financing activities | 0.00 | 0.00+100.0% | -25.0M-247.1% | 17.0M+54.5% | 11.0M+237.5% | |
| Net change in cash | -54.0M-191.5% | 59.0M+137.1% | -159M+82.3% | -896M-270.0% | 527M-17.8% | |
| Interest paid | 698M+16.5% | 599M+25.8% | 476M+38.0% | 345M-11.8% | 391M+3.7% | |
| Income taxes paid | 1.07B+13.0% | 947M+4.4% | 907M+90.5% | 476M+31.5% | 362M+29.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 82.2B+6.9% | 76.9B+16.1% | 66.2B+40.5% | 47.1B-12.6% | 53.9B+26.0% | |
| P/E | 31.6×-2.4% | 32.4×+42.2% | 22.8×+4.0% | 21.9×-55.4% | 49.1× | |
| P/S | 3.1×+2.5% | 3.1×+8.9% | 2.8×+15.2% | 2.4×-37.2% | 3.9×-3.9% | |
| P/B | — | — | — | 44.3×+16.3% | 38.1×-61.7% | |
| P/FCF | 31.5×-18.1% | 38.5×+39.5% | 27.6×+22.5% | 22.5×-58.5% | 54.2×+90.6% | |
| Earnings yield | 3.2%+2.4% | 3.1%-29.7% | 4.4%-3.9% | 4.6%+124.1% | 2.0% | |
| FCF yield | 3.2%+22.0% | 2.6%-28.3% | 3.6%-18.3% | 4.4%+140.9% | 1.8%-47.5% | |
| Dividend yield | 0.85%-1.5% | 0.86%-0.6% | 0.87%+29.4% | 0.67% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: MAR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MAR filings on SEC EDGAR → Not investment advice.