Marriott International Inc (MAR) Financial Statements
Industry: Hotels & Motels
In fiscal 2025, Marriott International reported revenue of $26.19B, up 4.3% from $25.10B the year before. Net income was $2.60B (a 9.9% net margin), or $9.51 per diluted share. Gross margin was 15.8% and operating margin was 15.8%. Operating activities generated $3.21B of cash, leaving $2.61B of free cash flow. At fiscal year end, Marriott International held $27.54B in total assets against $31.31B in total liabilities, including $358.0M of cash and equivalents.
Open the full interactive Marriott International financials → Quarterly statements, key ratios, valuation history and price charts.
Marriott International Key Stats
| Share Price | $371.50 |
|---|---|
| Market Cap | $98.26B |
| P/E Ratio | 39.1 |
| Revenue YoY Growth | +4.3% |
| 52-Week Range | $256.90 – $401.72 |
| Shares Outstanding | 263.9 million (basic, 2026 Q2) |
Marriott International Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $10.57B | $13.86B | $20.77B | $23.71B | $25.10B | $26.19B |
| Cost of Goods Sold | $10.49B | $12.11B | $17.31B | $19.85B | $21.33B | $22.05B |
| Gross Profit | $84.0M | $1.75B | $3.46B | $3.86B | $3.77B | $4.14B |
| Operating Income | $84.0M | $1.75B | $3.46B | $3.86B | $3.77B | $4.14B |
| Pre-Tax Income | -$466.0M | $1.18B | $3.11B | $3.38B | $3.15B | $3.39B |
| Income Tax | -$199.0M | $81.0M | $756.0M | $295.0M | $776.0M | $793.0M |
| Net Income | -$267.0M | $1.10B | $2.36B | $3.08B | $2.38B | $2.60B |
| Diluted EPS | -$0.82 | $3.34 | $7.24 | $10.18 | $8.33 | $9.51 |
Marriott International Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $6.49B | $6.69B | $6.65B | $7.07B |
| Net Income | $728.0M | $445.0M | $648.0M | $766.0M |
| Diluted EPS | $2.67 | $1.63 | $2.43 | $2.90 |
Marriott International Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $877.0M | $1.39B | $507.0M | $338.0M | $396.0M | $358.0M |
| Current Assets | $2.83B | $3.63B | $3.31B | $3.31B | $3.48B | $3.58B |
| Total Assets | $24.70B | $25.55B | $24.82B | $25.67B | $26.18B | $27.54B |
| Current Liabilities | $5.75B | $6.41B | $7.34B | $7.76B | $8.65B | $8.40B |
| Total Long-Term Debt | $10.38B | $10.14B | $10.06B | $11.87B | $14.45B | $16.20B |
| Total Liabilities | $24.27B | $24.14B | $24.25B | $26.36B | $29.17B | $31.31B |
| Shareholders' Equity | $430.0M | $1.41B | $568.0M | -$682.0M | -$2.99B | -$3.77B |
Marriott International Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.64B | $1.18B | $2.36B | $3.17B | $2.75B | $3.21B |
| Cash From Investing | $35.0M | -$187.0M | -$297.0M | -$465.0M | -$734.0M | -$948.0M |
| Cash From Financing | -$1.03B | -$463.0M | -$2.96B | -$2.86B | -$1.96B | -$2.32B |
| Free Cash Flow | $1.50B | $994.0M | $2.03B | $2.72B | $2.00B | $2.61B |
Figures from Marriott International's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Marriott International financials page for every line item.
Marriott International Company Profile
| Ticker | MAR |
|---|---|
| Exchange | Nasdaq |
| Industry | Hotels & Motels |
| Headquarters | Bethesda, Maryland |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001048286 |
Frequently Asked Questions
What was Marriott International's revenue in fiscal 2025?
Marriott International (MAR) reported revenue of $26.19B for fiscal 2025.
What is Marriott International's annual revenue history?
Marriott International's annual revenue by fiscal year: 2020: $10.57B; 2021: $13.86B; 2022: $20.77B; 2023: $23.71B; 2024: $25.10B; 2025: $26.19B.
What was Marriott International's net income in fiscal 2025?
Marriott International reported net income of $2.60B for fiscal 2025.
What was Marriott International's earnings per share (EPS) in fiscal 2025?
Marriott International's diluted EPS was $9.51 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Marriott International generate in fiscal 2025?
Marriott International generated $2.61B of free cash flow in fiscal 2025.
What was Marriott International's revenue last quarter?
In its most recent reported quarter (2026 Q2), Marriott International reported revenue of $7.07B.
How much debt does Marriott International have?
Marriott International reported $16.20B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Marriott International are outstanding?
Marriott International reported a weighted average of 263.9 million basic shares outstanding in 2026 Q2.
What is Marriott International's market cap?
Based on its latest closing price, Marriott International (MAR) has a market capitalization of about $98.26B.
When does Marriott International's fiscal year end?
Marriott International's fiscal year end, as registered with the SEC, is December 31.
Where is Marriott International headquartered?
Marriott International lists its business address in Bethesda, Maryland in its SEC filings.