Pricing Log in Create free account
Friday 6 November 2026 Export MAR’s income statement to Excel — free account

Marriott International, Inc.

MAR Consumer Cyclical Lodging

Marriott International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $26.2 billion, up 4.33% from fiscal 2024.

Revenue
+7.95%
EPS
+13.7%
Free cash flow
+113.9%
Total debt
+5.28%

Quarter to September 2026, against a year earlier

416.46 0.82 −0.20%
Market cap
$107.5B
P/E
41.5×
Fwd P/E
35.7×
Dividend yield
0.67%
F-score
8/9
Altman Z
3.80
Beneish M
−2.55
Dividend safety
72/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Marriott International, Inc. (MAR) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Marriott International, Inc. (MAR) trades at a EV/EBITDA of 24.7×. Over the past ten years it has ranged from 13.0× (June 2016) to 139× (April 2021); the current reading is higher than 79% of that period. That is above the Lodging industry median of 15.6× and above the Consumer Cyclical sector median of 9.8×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 21.2× (3.23%)
FY2024 21.9× 20.15%
FY2023 18.2× 22.52%
FY2022 14.9× (51.54%)
FY2021 30.7× (67.11%)
FY2020 93.4× 236.70%
FY2019 27.7× 56.24%
FY2018 17.8× (14.89%)
FY2017 20.9× 4.31%
FY2016 20.0× 35.74%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 21.5× (6.73%)
Jun 2026 23.1× 9.20%
Mar 2026 21.1× (0.40%)
Dec 2025 21.2× 14.93%
43 more quarters

Against its own ten years

Low 13.0× High 139×
Ten-year median 20.3×
Current reading's percentile 79

EV/EBITDA against peers

Company EV/EBITDA
IHG Intercontinental Hotels Group compare 1.9×
CVEO Civeo Corporation compare 6.0×
ATAT Atour Lifestyle Holdings Limited Sponsored ADR compare 9.6×
HTHT H World Group Limited Sponsored ADR compare 12.0×
CHH Choice Hotels International, Inc. compare 15.6×
WH Wyndham Hotels & Resorts compare 17.4×
H Hyatt Hotels Corporation compare 22.6×
MAR Marriott International, Inc. 24.7×
HLT Hilton Worldwide Holdings Inc. compare 28.6×
Lodging industry median 15.6×
Consumer Cyclical sector median 9.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on MAR