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. 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.

388.05 2.34 +0.61%
Market cap
$100.6B
P/E
40.1×
Fwd P/E
35.1×
Dividend yield
0.72%
F-score
8/9
Altman Z
3.80
Beneish M
−2.55
Dividend safety
72/100

Marriott International, Inc. (MAR) Gross margin

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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

Against its own ten years

Low 13.8% High 93.1%
Ten-year median 19.8%
Current reading's percentile 60

Gross margin against peers

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

The full definition of Gross margin →

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