Marriott International
MAR stock analysis · Consumer Discretionary · Hotels, Resorts & Cruise Lines
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-04-29. Approximate; share and price dates can differ.
View share-count filing ↗DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-04-29 · -59.5% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
7 industry peers · median 22.9×
How this is calculated ↗Historical multiples
6 annual observations · snapshot P/E 37.6× · 9.9% versus history
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Requires two adjacent years of positive average capital, equity, cash, debt and operating income.
How this is calculated ↗Value composite
Requires three valuation yields and at least five covered sector peers.
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Annual basis · read assumptions below
How this is calculated ↗Accrual quality
Parent-earnings fallback versus consolidated cash flow · scope limitation
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $188.42 | $205.59 | $224.04 |
| 10.0% | $138.07 | $150.22 | $163.27 |
| 12.0% | $108.93 | $118.20 | $128.14 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-12-31 | 26.2B | 2.6B | 3.2B | 604M | 27.5B |
| 2024-12-31 | 25.1B | 2.4B | 2.7B | 750M | 26.2B |
| 2023-12-31 | 23.7B | 3.1B | 3.2B | 452M | 25.7B |
| 2022-12-31 | 20.8B | 2.4B | 2.4B | 332M | 24.8B |
| 2021-12-31 | 13.9B | 1.1B | 1.2B | 183M | 25.6B |
| 2020-12-31 | 10.6B | -267M | 1.6B | 135M | 24.7B |
| 2019-12-31 | 21B | 1.3B | 1.7B | 653M | 25.1B |
| 2018-12-31 | 20.8B | 1.9B | 2.4B | 556M | 23.7B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 26.2B | Revenues | 2026-02-10 |
| netIncome | 2.6B | NetIncomeLoss Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-02-10 |
| Parent/common earnings proxy | 2.6B | NetIncomeLoss | 2026-02-10 |
| cfo | 3.2B | NetCashProvidedByUsedInOperatingActivities | 2026-02-10 |
| capex | 604M | PaymentsToAcquireProductiveAssets | 2026-02-10 |
| operatingIncome | 4.1B | OperatingIncomeLoss | 2026-02-10 |
| assets | 27.5B | Assets | 2026-02-10 |
| equity | -3.8B | StockholdersEquity Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income. | 2026-02-10 |
| Parent book equity proxy | -3.8B | StockholdersEquity | 2026-02-10 |
| debt | 23M | LongTermDebt | 2026-02-10 |
| shortDebt | — | Not reported under a supported tag | — |
| cash | 358M | CashAndCashEquivalentsAtCarryingValue | 2026-02-10 |
| shares | 273.6M | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-02-10 |
| dividends | 718M | PaymentsOfDividendsCommonStock | 2026-02-10 |
| buybacks | 3.3B | PaymentsForRepurchaseOfCommonStock | 2026-02-10 |
| issuance | 92M | ProceedsFromIssuanceOfCommonStock | 2026-02-10 |