Marriott International, Inc.
Marriott International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $26.2 billion, up 4.33% from fiscal 2024. In the quarter to June 2026, revenue grew 4.85%, EPS grew 4.32%, free cash flow grew 81.8% and total debt rose 8.05%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for five.
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Marriott International, Inc. (MAR) Gross margin
Marriott International, Inc.'s gross margin over the twelve months to 30 June 2026 was 20.1%, up 0.1 percentage points from fiscal 2025 (19.9%). Over the past ten years it has ranged from 13.8% (fiscal 2020) to 93.1% (fiscal 2017); the current reading is higher than 64% of that period. That is below the Lodging industry median of 35.2% and below the Consumer Cyclical sector median of 35.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 19.9% | 0.13 |
| FY2024 | 19.8% | (1.19) |
| FY2023 | 21.0% | (0.94) |
| FY2022 | 21.9% | 1.73 |
| FY2021 | 20.2% | 6.41 |
| FY2020 | 13.8% | (1.54) |
| FY2019 | 15.3% | (2.36) |
| FY2018 | 17.7% | (75.40) |
| FY2017 | 93.1% | 75.76 |
| FY2016 | 17.3% | 2.68 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 22.0% | 1.83 |
| Mar 2026 | 20.2% | 3.98 |
| Dec 2025 | 16.2% | (5.77) |
| Sep 2025 | 21.9% | (0.41) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| CHH Choice Hotels International, Inc. compare | 94.0% |
| HLT Hilton Worldwide Holdings Inc. compare | 91.4% |
| WH Wyndham Hotels & Resorts compare | 87.7% |
| ATAT Atour Lifestyle Holdings Limited Sponsored ADR compare | 43.1% |
| HTHT H World Group Limited Sponsored ADR compare | 41.1% |
| CVEO Civeo Corporation compare | 23.7% |
| IHG Intercontinental Hotels Group compare | 20.7% |
| MAR Marriott International, Inc. | 20.1% |
| H Hyatt Hotels Corporation compare | 18.6% |
| Lodging industry median | 35.2% |
| Consumer Cyclical sector median | 35.0% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on MAR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement