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

416.72 0.56 −0.13%
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) Operating margin

Alert me on Operating margin

Marriott International, Inc.'s operating margin over the twelve months to 30 September 2026 was 15.8%, up 0.0 percentage points from fiscal 2025 (15.8%). Over the past ten years it has ranged from 0.79% (fiscal 2020) to 16.7% (fiscal 2022); the current reading is higher than 82% of that period. That is in line with the Lodging industry median of 16.0% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 15.8% 0.80
FY2024 15.0% (1.28)
FY2023 16.3% (0.38)
FY2022 16.7% 4.04
FY2021 12.6% 11.84
FY2020 0.79% (7.79)
FY2019 8.58% (2.82)
FY2018 11.4% (0.84)
FY2017 12.2% 3.00
FY2016 9.24% (0.08)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 18.2% 0.81
Jun 2026 17.4% 1.39
Mar 2026 16.0% 4.38
Dec 2025 11.6% (6.57)
43 more quarters

Against its own ten years

Low 0.79% High 16.7%
Ten-year median 12.2%
Current reading's percentile 79

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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