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

417.19 7.68 −1.81%
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

Marriott International, Inc. (MAR) Free cash flow margin

Alert me on Free cash flow margin

Marriott International, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 13.1%, up 4.4 percentage points from fiscal 2025 (8.66%). Over the past ten years it has ranged from 6.80% (fiscal 2019) to 16.7% (fiscal 2020); the current reading is higher than 36% of that period. That is above the Lodging industry median of 9.93% and above the Consumer Cyclical sector median of 3.20%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 8.66% 0.74
FY2024 7.92% (3.42)
FY2023 11.3% 1.56
FY2022 9.78% 2.52
FY2021 7.26% (9.43)
FY2020 16.7% 9.89
FY2019 6.80% (4.18)
FY2018 11.0% (5.67)
FY2017 16.7% 6.06
FY2016 10.6% (1.57)

Against its own ten years

Low 6.80% High 16.7%
Ten-year median 10.6%
Current reading's percentile 36

Free cash flow margin against peers

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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