Marriott International (MAR) reported $27.42B of revenue for the twelve months ended Sep 30, 2026. That is up 5.8% from the year before. Revenue for fiscal 2025 was $26.19B.

Yes. Marriott International earned $2.65B in net income for the twelve months ended Sep 30, 2026, a net margin of 9.7%.

How much cash and debt does MAR have?

Marriott International reported $453.00M in cash and cash equivalents and $16.43B of debt on its most recent balance sheet in SEC filings.

How fast is MAR revenue growing?

Marriott International's revenue changed +4.3% in fiscal 2025, to $26.19B. Its compound annual growth rate was +19.9% over 5 years and +6.1% over 10 years.

What is MAR free cash flow?

Marriott International generated $3.48B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $4.07B less capital expenditures.

What is MAR earnings per share?

Diluted earnings per share were $10.04 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did MAR last report financial results?

The latest statements here come from Marriott International's 10-Q filed on Nov 2, 2026, covering the period ended Sep 30, 2026.

Where does this MAR financial data come from?

Quantisnow builds these statements from the structured XBRL data Marriott International files with the SEC. It is provided for information only and is not investment advice.

Financials · MAR

Marriott International (MAR) financials

For the twelve months ended Sep 30, 2026, Marriott International reported $27.42B of revenue and $2.65B of net income.

Revenue, TTM: $27.42B
Revenue growth, YoY: +5.8%
Net income, TTM: $2.65B
Net income growth, YoY: +1.6%
Net margin: 9.7%
Free cash flow, TTM: $3.48B
EPS, diluted, TTM: $10.04
EPS growth, YoY: +5.9%
Cash: $453.00M
Total debt: $16.43B
P/E: 40.42
P/S: 3.91
Market cap: $107.24B

Annual revenue$26.19B

FY2016FY2025

Annual net income$2.60B

FY2016FY2025

Annual free cash flow$2.61B

FY2016FY2025

MAR revenue and earnings growth

MAR revenueQ3 2026$7.00B

Quarter YoY: +8.0%
QoQ: -0.9%
FY YoY: +4.3%
5Y CAGR: +19.9%
10Y CAGR: +6.1%

MAR revenue was $7.00B in fiscal Q3 2026 (ended Sep 30, 2026), up 8.0% from a year earlier and down 0.9% from the prior quarter. For the full fiscal 2025 it was $26.19B, up 4.3% from fiscal 2024. Compound annual growth was +19.9% over 5 years and +6.1% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

MAR net incomeQ3 2026$794.00M

Quarter YoY: +9.1%
QoQ: +3.7%
FY YoY: +9.5%
10Y CAGR: +11.7%

MAR net income was $794.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 9.1% from a year earlier and up 3.7% from the prior quarter. For the full fiscal 2025 it was $2.60B, up 9.5% from fiscal 2024. Compound annual growth was +11.7% over 10 years. It rose in 3 of the last 4 fiscal years.

MAR EPSQ3 2026$3.04

Quarter YoY: +13.9%
QoQ: +4.8%
FY YoY: +14.2%
10Y CAGR: +11.7%

MAR diluted EPS was $3.04 in fiscal Q3 2026 (ended Sep 30, 2026), up 13.9% from a year earlier and up 4.8% from the prior quarter. For the full fiscal 2025 it was $9.51, up 14.2% from fiscal 2024. Compound annual growth was +11.7% over 10 years.

MAR free cash flowQ3 2026$1.30B

Quarter YoY: +37.1%
QoQ: +63.8%
FY YoY: +30.5%
5Y CAGR: +11.6%
10Y CAGR: +8.0%

MAR free cash flow was $1.30B in fiscal Q3 2026 (ended Sep 30, 2026), up 37.1% from a year earlier and up 63.8% from the prior quarter. For the full fiscal 2025 it was $2.61B, up 30.5% from fiscal 2024. Compound annual growth was +11.6% over 5 years and +8.0% over 10 years. It rose in 6 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$26.19B	$25.10B	$23.71B	$20.77B	$13.86B	$10.57B	$20.97B	$20.76B	$20.45B	$15.41B
Selling, general and admin	$870.00M	$945.00M	$867.00M	$891.00M	$823.00M	$762.00M	$938.00M	$927.00M	$921.00M	$743.00M
Operating income	$4.14B	$3.77B	$3.86B	$3.46B	$1.75B	$84.00M	$1.80B	$2.37B	$2.50B	$1.42B
Interest expense	$809.00M	$695.00M	$565.00M	$403.00M	$420.00M	$445.00M	$394.00M	$340.00M	$288.00M	$234.00M
Pre-tax income	$3.39B	$3.15B	$3.38B	$3.11B	$1.18B	-$466.00M	$1.60B	$2.35B	$2.98B	$1.24B
Income tax	$793.00M	$776.00M	$295.00M	$756.00M	$81.00M	-$199.00M	$326.00M	$438.00M	$1.52B	$431.00M
Net income	$2.60B	$2.38B	$3.08B	$2.36B	$1.10B	-$267.00M	$1.27B	$1.91B	$1.46B	$808.00M
EPS, basic	$9.53	$8.36	$10.23	$7.27	$3.36	-$0.82	$3.83	$5.45	$3.89	$2.78
EPS, diluted	$9.51	$8.33	$10.18	$7.24	$3.34	-$0.82	$3.80	$5.38	$3.84	$2.73
Diluted shares	273.6M	285.2M	302.9M	325.8M	329.3M	325.8M	335.5M	354.2M	379.9M	295.7M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$358.00M	$425.00M	$366.00M	$525.00M	$1.42B	$894.00M	$253.00M	$360.00M	$429.00M	$887.00M
Current assets	$3.58B	$3.48B	$3.31B	$3.31B	$3.63B	$2.83B	$3.13B	$2.71B	$2.74B	$3.37B
Goodwill	$8.91B	$8.73B	$8.89B	$8.87B	$9.07B	$9.18B	$9.05B	$9.04B	$9.21B	$7.60B
Total assets	$27.54B	$26.18B	$25.67B	$24.82B	$25.55B	$24.70B	$25.05B	$23.70B	$23.85B	$24.14B
Current liabilities	$8.40B	$8.65B	$7.76B	$7.34B	$6.41B	$5.75B	$6.68B	$6.44B	$5.81B	$5.15B
Long-term debt	$14.99B	$13.14B	$11.32B	$9.38B	$9.33B	$9.20B	$9.96B	$8.51B	$7.84B	$8.20B
Total debt	$14.99B	$13.14B	$11.32B	$9.38B	$9.33B	$9.20B	$9.96B	$8.51B	$7.84B	$8.20B
Total liabilities	-	-	-	$24.25B	$24.14B	$24.27B	$24.35B	$21.47B	$20.26B	-
Shareholders' equity	-$3.77B	-$2.99B	-$682.00M	$568.00M	$1.41B	$430.00M	$703.00M	$2.23B	$3.58B	$5.12B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$3.21B	$2.75B	$3.17B	$2.36B	$1.18B	$1.64B	$1.69B	$2.36B	$2.23B	$1.62B
Capital expenditures	$604.00M	$750.00M	$452.00M	$332.00M	$183.00M	$135.00M	$653.00M	$556.00M	$240.00M	$199.00M
Free cash flow	$2.61B	$2.00B	$2.72B	$2.03B	$994.00M	$1.50B	$1.03B	$1.80B	$1.99B	$1.42B
Investing cash flow	-$948.00M	-$734.00M	-$465.00M	-$297.00M	-$187.00M	$35.00M	-$284.00M	-$52.00M	$1.21B	-$2.35B
Financing cash flow	-$2.32B	-$1.96B	-$2.86B	-$2.96B	-$463.00M	-$1.03B	-$1.51B	-$2.37B	-$3.90B	$1.50B
Dividends paid	$718.00M	$682.00M	$587.00M	$321.00M	$0	$156.00M	$612.00M	$543.00M	$482.00M	$374.00M
Share repurchases	$3.30B	$3.76B	$3.95B	$2.57B	$0	$150.00M	$2.26B	$2.85B	$3.01B	$568.00M
Stock-based compensation	$236.00M	$237.00M	$205.00M	$192.00M	$182.00M	$201.00M	$187.00M	$184.00M	$181.00M	$212.00M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	4.3%	5.8%	14.2%	49.9%	31.1%	-49.6%	1.0%	1.5%	32.7%	6.4%
Net income growth, YoY	9.5%	-23.0%	30.7%	114.6%	-	-	-33.2%	30.7%	80.6%	-5.9%
EPS growth, YoY	14.2%	-18.2%	40.6%	116.8%	-	-	-29.4%	40.1%	40.7%	-13.3%
Operating margin	15.8%	15.0%	16.3%	16.7%	12.6%	0.8%	8.6%	11.4%	12.2%	9.2%
Net margin	9.9%	9.5%	13.0%	11.4%	7.9%	-2.5%	6.1%	9.2%	7.1%	5.2%
Free cash flow margin	10.0%	8.0%	11.5%	9.8%	7.2%	14.2%	4.9%	8.7%	9.7%	9.2%
Return on equity	-	-	-	415.1%	77.7%	-62.1%	181.1%	85.7%	40.7%	15.8%
Return on assets	9.4%	9.1%	12.0%	9.5%	4.3%	-1.1%	5.1%	8.0%	6.1%	3.3%
Current ratio	0.43	0.40	0.43	0.45	0.57	0.49	0.47	0.42	0.47	0.65
Debt to equity	-	-	-	16.51	6.60	21.40	14.17	3.83	2.19	1.60

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$7.00B	$7.07B	$6.65B	$6.69B	$6.49B	$6.74B	$6.26B	$6.43B	$6.25B	$6.44B	$5.98B	$6.09B
Selling, general and admin	$214.00M	$220.00M	$219.00M	$241.00M	$210.00M	$210.00M	$209.00M	$160.00M	$276.00M	$248.00M	$261.00M	$186.00M
Operating income	$1.27B	$1.23B	$1.06B	$777.00M	$1.18B	$1.24B	$948.00M	$752.00M	$944.00M	$1.20B	$876.00M	$718.00M
Interest expense	$227.00M	$221.00M	$214.00M	$208.00M	$206.00M	$203.00M	$192.00M	$180.00M	$179.00M	$173.00M	$163.00M	$153.00M
Pre-tax income	$1.06B	$1.04B	$858.00M	$582.00M	$994.00M	$1.05B	$764.00M	$598.00M	$786.00M	$1.04B	$727.00M	$581.00M
Income tax	$266.00M	$278.00M	$210.00M	$137.00M	$266.00M	$291.00M	$99.00M	$143.00M	$202.00M	$268.00M	$163.00M	-$267.00M
Net income	$794.00M	$766.00M	$648.00M	$445.00M	$728.00M	$763.00M	$665.00M	$455.00M	$584.00M	$772.00M	$564.00M	$848.00M
EPS, basic	$3.05	$2.90	$2.44	$1.67	$2.68	$2.78	$2.40	$1.64	$2.08	$2.70	$1.94	$2.88
EPS, diluted	$3.04	$2.90	$2.43	$1.67	$2.67	$2.78	$2.39	$1.64	$2.07	$2.69	$1.93	$2.86
Diluted shares	261.2M	264.5M	266.8M	-	272.5M	274.7M	277.7M	-	282.4M	286.7M	291.6M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$453.00M	$462.00M	$454.00M	$358.00M	$694.00M	$692.00M	$546.00M	$425.00M	$416.00M	$370.00M	$448.00M	$366.00M
Current assets	$4.28B	$4.23B	$3.91B	$3.58B	$4.11B	$4.03B	$3.75B	$3.48B	$3.57B	$3.50B	$3.45B	$3.31B
Goodwill	$8.88B	$8.88B	$8.87B	$8.91B	$8.89B	$8.90B	$8.78B	$8.73B	$8.89B	$8.78B	$8.81B	$8.89B
Total assets	$28.02B	$28.09B	$27.86B	$27.54B	$27.83B	$27.34B	$26.65B	$26.18B	$26.21B	$25.74B	$25.76B	$25.67B
Current liabilities	$8.14B	$7.90B	$8.52B	$8.40B	$8.80B	$8.20B	$8.28B	$8.65B	$8.52B	$8.28B	$8.17B	$7.76B
Long-term debt	$16.43B	$16.45B	$15.32B	$14.99B	$14.44B	$14.55B	$14.10B	$13.14B	$12.67B	$12.18B	$11.75B	$11.32B
Total debt	$16.43B	$16.45B	$15.32B	$14.99B	$14.44B	$14.55B	$14.10B	$13.14B	$12.67B	$12.18B	$11.75B	$11.32B
Shareholders' equity	-$5.08B	-$4.53B	-$4.09B	-$3.77B	-$3.12B	-$2.96B	-$3.17B	-$2.99B	-$2.42B	-$2.09B	-$1.62B	-$682.00M

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$1.43B	$948.00M	$858.00M	$829.00M	$1.09B	$643.00M	$647.00M	$318.00M	$880.00M	$772.00M	$779.00M	$751.00M
Capital expenditures	$129.00M	$152.00M	$130.00M	$172.00M	$142.00M	$155.00M	$135.00M	$342.00M	$174.00M	$125.00M	$109.00M	$134.00M
Free cash flow	$1.30B	$796.00M	$728.00M	$657.00M	$951.00M	$488.00M	$512.00M	-$24.00M	$706.00M	$647.00M	$670.00M	$617.00M
Investing cash flow	-$107.00M	-$29.00M	-$149.00M	-$173.00M	-$489.00M	-$143.00M	-$143.00M	-$345.00M	-$164.00M	-$130.00M	-$95.00M	-$102.00M
Financing cash flow	-$1.33B	-$915.00M	-$612.00M	-$979.00M	-$602.00M	-$354.00M	-$383.00M	$36.00M	-$670.00M	-$720.00M	-$602.00M	-$1.03B
Dividends paid	$189.00M	$192.00M	$178.00M	$179.00M	$182.00M	$183.00M	$174.00M	$176.00M	$176.00M	$179.00M	$151.00M	$152.00M
Share repurchases	$1.26B	$1.12B	$700.00M	$1.00B	$800.00M	$749.00M	$751.00M	$586.00M	$1.02B	$1.01B	$1.14B	$965.00M
Stock-based compensation	$65.00M	$66.00M	$57.00M	$65.00M	$61.00M	$58.00M	$52.00M	$64.00M	$63.00M	$57.00M	$53.00M	$58.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	8.0%	4.8%	6.2%	4.1%	3.7%	4.7%	4.8%	5.5%	5.5%	6.0%	6.4%	2.9%
Net income growth, YoY	9.1%	0.4%	-2.6%	-2.2%	24.7%	-1.2%	17.9%	-46.3%	-22.3%	6.3%	-25.5%	26.0%
EPS growth, YoY	13.9%	4.3%	1.7%	1.8%	29.0%	3.3%	23.8%	-42.7%	-17.5%	13.0%	-20.6%	36.2%
Operating margin	18.2%	17.4%	16.0%	11.6%	18.2%	18.3%	15.1%	11.7%	15.1%	18.6%	14.7%	11.8%
Net margin	11.3%	10.8%	9.7%	6.7%	11.2%	11.3%	10.6%	7.1%	9.3%	12.0%	9.4%	13.9%
Free cash flow margin	18.6%	11.3%	10.9%	9.8%	14.7%	7.2%	8.2%	-0.4%	11.3%	10.0%	11.2%	10.1%
Current ratio	0.53	0.53	0.46	0.43	0.47	0.49	0.45	0.40	0.42	0.42	0.42	0.43

Source: XBRL data Marriott International files with the SEC, latest filing dated Nov 2, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MAR peers

Company	Revenue	Growth	Net income	Net margin	Market cap
MAR	$27.42B	+5.8%	$2.65B	9.7%	$107.24B
HLTHilton Worldwide Holdings Inc.	$12.69B	+8.1%	$1.70B	13.4%	$82.43B
IHGIntercontinental Hotels Group	$5.19B	+5.4%	$758.00M	14.6%	$26.30B
LVSLas Vegas Sands Corp.	$13.60B	+10.9%	$1.61B	11.8%	$25.53B
HHyatt Hotels Corporation	$7.11B	+2.8%	$188.00M	2.6%	$17.21B
HTHTH World Group Limited	CN¥25.31B	+5.9%	CN¥5.08B	20.1%	$15.69B
LTHLife Time Group Holdings Inc.	$3.29B	+13.0%	$418.95M	12.7%	$10.58B
WYNNWynn Resorts Limited	$7.27B	+2.2%	$377.87M	5.2%	$8.56B
MGMMGM Resorts International	$17.72B	+2.6%	$694.07M	3.9%	$8.18B

MAR FAQ

8 questions

What is MAR revenue?
Marriott International (MAR) reported $27.42B of revenue for the twelve months ended Sep 30, 2026. That is up 5.8% from the year before. Revenue for fiscal 2025 was $26.19B.
Is MAR profitable?
Yes. Marriott International earned $2.65B in net income for the twelve months ended Sep 30, 2026, a net margin of 9.7%.
How much cash and debt does MAR have?
Marriott International reported $453.00M in cash and cash equivalents and $16.43B of debt on its most recent balance sheet in SEC filings.
How fast is MAR revenue growing?
Marriott International's revenue changed +4.3% in fiscal 2025, to $26.19B. Its compound annual growth rate was +19.9% over 5 years and +6.1% over 10 years.
What is MAR free cash flow?
Marriott International generated $3.48B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $4.07B less capital expenditures.
What is MAR earnings per share?
Diluted earnings per share were $10.04 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did MAR last report financial results?
The latest statements here come from Marriott International's 10-Q filed on Nov 2, 2026, covering the period ended Sep 30, 2026.
Where does this MAR financial data come from?
Quantisnow builds these statements from the structured XBRL data Marriott International files with the SEC. It is provided for information only and is not investment advice.