Stocks Consumer discretionary MAR
NASDAQ · Consumer discretionaryMarriott International Inc (MAR)
Marriott International Inc brought in $27.4B of revenue over the twelve months to September 30, 2026, up 5.8% from a year earlier. Net income was $2.7B, a net margin of 9.7%. Operating cash flow minus capital spending left $2.6B of free cash flow in fiscal 2025. At September 30, 2026 it held $453M in cash against $23M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 2, 2026.
Key facts about Marriott International Inc
- Net worth
- Marriott International Inc has a market value (market cap) of $111B at the latest share price, and shareholders' equity of -$5.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $26.2B (+4.3% year on year), with net income of $2.6B. Over the 12 months to September 30, 2026: revenue $27.4B, net income $2.7B.
- Cash flow
- In fiscal 2025 operations brought in $3.2B of cash; after $604M of capital spending, free cash flow was $2.6B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 2, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Marriott International Inc's next report is expected around February 9, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Marriott International Inc declared dividends of $2.64 per share in fiscal 2025, a yield of 0.62% at the current price.
What Marriott International Inc does
Operates, franchises, and licenses lodging, residential, and timeshare properties globally under brand names including Marriott, Sheraton, Westin, The Ritz-Carlton, and Courtyard. The company earns revenue primarily through management contracts, franchise agreements, and licensing fees with property owners and developers. Its shares trade on NASDAQ under the ticker MAR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $26.2B | $2.6B | $9.51 | $2.6B |
| 2024 | $25.1B | $2.4B | $8.33 | $2B |
| 2023 | $23.7B | $3.1B | $10.18 | $2.7B |
| 2022 | $20.8B | $2.4B | $7.24 | $2B |
| 2021 | $13.9B | $1.1B | $3.34 | $994M |
| 2020 | $10.6B | -$267M | -$0.82 | $1.5B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MAR ranks in Consumer discretionary
Dividends
Marriott International Inc declared $2.64 per share in fiscal 2025. At the current price that is a yield of 0.62%. It paid out $718M in cash dividends, 28% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $2.64 | $718M | 28% |
| 2024 | $2.41 | $682M | 29% |
| 2023 | $1.96 | $587M | 19% |
| 2022 | $1.00 | $321M | 14% |
| 2021 | n/a | $0 | 0% |
| 2020 | $0.48 | $156M | n/a |
Latest SEC filings
What Marriott International Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 2, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 8% to $7B versus the same quarter last year; diluted EPS $3.04 versus $2.67.
- November 2, 2026
- September 24, 2026Material agreement8-KMarriott International entered into an amended revolving credit agreement that increases its borrowing capacity to $5.00 billion and extends the maturity date to September 23, 2031.
- August 13, 2026Other event 8-K
- August 3, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 4.8% to $7.1B versus the same quarter last year; diluted EPS $2.90 versus $2.78.
- August 3, 2026
- June 16, 2026
- June 16, 2026
- May 13, 2026
- May 6, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 6.2% to $6.7B versus the same quarter last year; diluted EPS $2.43 versus $2.39.
What is MAR worth? A DCF from its reported cash flow
Insider trades
What the people running Marriott International Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $33.5M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 4, 2026 | Reiss Rena HozoreEVP & General Counsel | Exercised options | 8,000 | $961.3K |
| November 4, 2026 | Reiss Rena HozoreEVP & General Counsel | Exercised options | 5,735 | $715.7K |
| November 4, 2026 | Reiss Rena HozoreEVP & General Counsel | Sold | 2,056 | $870.3K |
| November 4, 2026 | Reiss Rena HozoreEVP & General Counsel | Sold | 2,913 | $1.2M |
| November 4, 2026 | Reiss Rena HozoreEVP & General Counsel | Shares withheld for tax | 3,679 | $1.6M |
| November 4, 2026 | Reiss Rena HozoreEVP & General Counsel | Shares withheld for tax | 5,087 | $2.2M |
| November 4, 2026 | Breland Benjamin T.CHRO & EVP, Global Ops. Serv. | Sold | 2,500 | $1.1M |
| November 4, 2026 | Capuano AnthonyPresident & CEO, Director | Exercised options | 16,428 | $2.3M |
Who owns MAR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| J.W. Marriott, Jr.13D, may seek influence with 10 related filers | 11.4% | January 20, 2026 |
| Vanguard Capital Management13G, passive | 6.12% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,745 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 16,054,546 | +558,465 |
| Vanguard Capital Management LLC | 14,040,575 | +5,448 |
| State Street Corp | 9,644,773 | +272,044 |
| Invesco Ltd. | 9,636,938 | -197,990 |
| Fmr LLC | 6,812,385 | -265,295 |
| Wellington Management Group Llp | 5,472,154 | -374,582 |
| Geode Capital Management, LLC | 5,347,374 | +41,149 |
| Morgan Stanley | 4,977,799 | +278,687 |
| Jpmorgan Chase & Co | 4,101,527 | +1,037,419 |
| Vanguard Portfolio Management LLC | 4,041,833 | -169,906 |
| Massachusetts Financial Services Co | 3,713,960 | -552,533 |
| Capital International Investors | 2,598,367 | -479,873 |
| Fundsmith LLP | 2,585,757 | -785,115 |
| Goldman Sachs Group Inc | 2,349,573 | -46,192 |
| Norges Bank | 2,277,479 | new |
| Northern Trust Corp | 2,114,154 | -56,634 |
| Bank of America Corp | 1,834,827 | -53,159 |
| Charles Schwab Investment Management Inc | 1,767,269 | +115,213 |
| Parnassus Investments, LLC | 1,466,946 | -121,072 |
| Bank of New York Mellon Corp | 1,412,761 | -9,371 |
Insiders
28 insiders reported holding 44,482,966 shares in total, about $18.93B at the last price.
| Holder | Shares |
|---|---|
| Juliana B. Marriott Marital TrustMember of a 10% Group | 20,027,11820,027,118 held indirectly |
| Marriott Juliana B.Member of 10% Group | 20,027,11820,027,118 held indirectly |
| Marriott J W Jr10% owner | 2,822,439282,383 held indirectly |
| Marriott David SDirector | 874,104282,383 held indirectly |
| Harrison Deborah MarriottDirector | 327,976282,383 held indirectly |
| Capuano AnthonyPresident & CEO, Director | 78,907 |
| Oberg Kathleen K.EVP & CFO | 42,869 |
| Reiss Rena HozoreEVP & General Counsel | 35,368 |
| Anand SatyajitPresident, EMEA | 31,526 |
| Breland Benjamin T.CHRO & EVP, Global Ops. Serv. | 30,258 |
Questions about MAR
What does Marriott International Inc do?
Operates, franchises, and licenses lodging, residential, and timeshare properties globally under brand names including Marriott, Sheraton, Westin, The Ritz-Carlton, and Courtyard. The company earns revenue primarily through management contracts, franchise agreements, and licensing fees with property owners and developers. Its shares trade on NASDAQ under the ticker MAR.
What is Marriott International Inc's net worth?
Marriott International Inc has a market value (market cap) of $111B at the latest share price, and shareholders' equity of -$5.1B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Marriott International Inc profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $2.7B on revenue of $27.4B, a net margin of 9.7%.
How much revenue does Marriott International Inc make?
Over the twelve months to September 30, 2026 Marriott International Inc reported revenue of $27.4B. That is 5.8% more than a year earlier.
When did Marriott International Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 2, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 6, 2026.
When is Marriott International Inc's next earnings report?
Marriott International Inc's next report is expected around February 9, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Marriott International Inc pay a dividend?
Yes. Marriott International Inc declared dividends of $2.64 per share in fiscal 2025, a yield of 0.62% at the current price.
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Where the numbers come from
Financial figures are the values Marriott International Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.