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Nasdaq · Consumer Discretionary

MARRIOTT INTERNATIONAL INC /MD/ (MAR)

As-reported financials and SEC filings for MARRIOTT INTERNATIONAL INC /MD/. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About MARRIOTT INTERNATIONAL INC /MD/

Marriott International Inc is a global franchisor, operator, and licensor of hotels, residential, timeshare, and other lodging properties. It manages a portfolio of brands across various price and service levels, serving customers worldwide with nearly 9,805 properties in 145 countries as of 2025. The company primarily operates through franchising, management, and licensing agreements, providing services such as loyalty programs, reservations, and marketing to hotel owners and third parties.

Snapshot

Revenue
$26.19B
Revenue growth (YoY)
4.3%
Net income
$2.60B
Diluted EPS
$9.51
Gross margin
Operating margin
15.8%
Net margin
9.9%
FCF margin
10.0%
ROE
net income / fiscal-year-end equity
P/E
34.3×
trailing when available, otherwise FY EPS
Market cap
$86.45B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Marriott International Inc /md/

  • Revenue grew 4.3% to $26.2B in FY2025, in line with the 5.8% the year before.
  • Operating margin is 15.8% in FY2025, +3.2 pp against 12.6% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $7.1B, up 4.8% from Q2 FY2025.
  • Free cash flow was $2.6B in FY2025, 10.0% of revenue.
  • Net income rose 9.5% to $2.6B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Marriott International Inc /md/’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin15.8%
87th percentile of 348
Net margin9.9%
82nd percentile of 377
FCF margin10.0%
81st percentile of 352
Revenue growth (YoY)+4.3%
54th percentile of 394
P/E34.3×
83rd percentile of 249
Short interest2.66d
32nd percentile of 401

Marriott International Inc /md/’s operating margin of 15.8% ranks in the 87th percentile of the 348 Consumer Discretionary companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 14% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+7 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
4
4 trimmed, 0 exited
Combined position
$357.6M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$70.8M190.9KReduced
D. E. ShawquantQ2 2026$66.9M180.6KReduced
Millennium ManagementquantQ2 2026$65.9M177.8KReduced
Markel GroupQ2 2026$36.9M99.5KAdded
AQR Capital ManagementquantQ2 2026$34.2M92.2KAdded
Gotham Asset ManagementQ2 2026$34.1M92.1KAdded
Point72 Asset ManagementquantQ2 2026$30.6M82.4KAdded
Renaissance TechnologiesquantQ2 2026$15.5M41.7KReduced
Two Sigma InvestmentsquantQ2 2026$2.9M7.7KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-18
filed 2026-05-19
Roe PeggyEVP & Chf. Customer OfficerSell3.0K$361.56$1.1M
2026-05-13
filed 2026-05-14
Mao YibingPres. Greater ChinaSell4.8K$347.72$1.7M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.5M
settled 2026-08-14
Change vs prior
+20.2%
vs previous settlement
Days to cover
2.66
at avg daily volume
Avg daily volume
2.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-145.5M+20.2%2.66
2026-07-314.6M-7.9%3.41
2026-07-155.0M-8.0%3.49
2026-06-305.4M-13.7%2.95
2026-06-156.3M+3.9%4.61
2026-05-296.1M+24.8%4.07
2026-05-154.9M-18.7%3.68
2026-04-306.0M+7.6%4.21

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$26.19B$25.10B$23.71B$20.77B$13.86B
Gross profit
Operating income$4.14B$3.77B$3.86B$3.46B$1.75B
Net income$2.60B$2.38B$3.08B$2.36B$1.10B
Diluted EPS$9.51$8.33$10.18$7.24$3.34

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$358.0M$396.0M$338.0M$507.0M$1.39B
Current assets$3.58B$3.48B$3.31B$3.31B$3.63B
Total assets$27.54B$26.18B$25.67B$24.82B$25.55B
Current liabilities$8.40B$8.65B$7.76B$7.34B$6.41B
Long-term debt$14.99B$13.14B$11.32B$9.38B$9.33B
Total liabilities$31.31B$29.17B$26.36B$24.25B$24.14B
Total equity$-3.77B$-2.99B$-682.0M$568.0M$1.41B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$3.21B$2.75B$3.17B$2.36B$1.18B
Capital expenditure$604.0M$750.0M$452.0M$332.0M$183.0M
Free cash flow$2.61B$2.00B$2.72B$2.03B$994.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$7.07B4.8%$766.0M$2.90
Q1 FY2026$6.65B6.2%$648.0M$2.43
Q4 FY2025$6.69B4.1%$445.0M$1.65
Q3 FY2025$6.49B3.7%$728.0M$2.67
Q2 FY2025$6.74B4.7%$763.0M$2.78
Q1 FY2025$6.26B4.8%$665.0M$2.39
Q4 FY2024$6.43B5.5%$455.0M$1.62
Q3 FY2024$6.25B5.5%$584.0M$2.07

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryHotels & Motels
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2018
SEC CIK1048286

Selected SEC filings

10-K2026-02-10
View on EDGAR →
10-K2025-02-11
View on EDGAR →
10-Q2026-08-03
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
10-Q2025-11-04
View on EDGAR →
10-Q2025-08-05
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-08-03
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.