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Hyatt Hotels vs Marriott International: revenue, profit, margins and growth compared

Hyatt Hotels brought in $7.1B of revenue in fiscal 2025, Marriott International $26.2B in fiscal 2025. Revenue changed by +6.8% at Hyatt Hotels and +4.3% at Marriott International on the year before, so Hyatt Hotels grew faster. Hyatt Hotels kept -0.7% of its revenue as net profit, Marriott International 9.9%. Free cash flow was $159M at Hyatt Hotels and $2.6B at Marriott International.

Side by side, latest fiscal year

HMAR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$7.1B$26.2B
Revenue growth+6.8%+4.3%
Net income-$52M$2.6B
Net margin-0.7%9.9%
Free cash flow$159M$2.6B
Free cash flow margin2.2%10.0%
Earnings per share (diluted)-$0.55$9.51
Cash$787M$358M
Debt$4.3B$23M
Price to earningsn/a37.0
Market value$14.9B$91.8B
Dividend yield0.09%0.75%
Rank by revenue in sector#155 of 778 · Consumer discretionary#43 of 778 · Consumer discretionary

Over the years

Revenue
H FY2018: $4.5BH FY2019: $5BH FY2020: $2.1BH FY2021: $3BH FY2022: $5.9BH FY2023: $6.7BH FY2024: $6.6BH FY2025: $7.1BMAR FY2018: $20.8BMAR FY2019: $21BMAR FY2020: $10.6BMAR FY2021: $13.9BMAR FY2022: $20.8BMAR FY2023: $23.7BMAR FY2024: $25.1BMAR FY2025: $26.2BFY18FY19FY20FY21FY22FY23FY24FY25
H $7.1BMAR $26.2B
Net income
H FY2018: $769MH FY2019: $766MH FY2020: -$703MH FY2021: -$222MH FY2022: $455MH FY2023: $220MH FY2024: $1.3BH FY2025: -$52MMAR FY2018: $1.9BMAR FY2019: $1.3BMAR FY2020: -$267MMAR FY2021: $1.1BMAR FY2022: $2.4BMAR FY2023: $3.1BMAR FY2024: $2.4BMAR FY2025: $2.6BFY18FY19FY20FY21FY22FY23FY24FY25
H -$52MMAR $2.6B
Net margin
H FY2018: 17.3%H FY2019: 15.3%H FY2020: -34.0%H FY2021: -7.3%H FY2022: 7.7%H FY2023: 3.3%H FY2024: 19.5%H FY2025: -0.7%MAR FY2018: 9.2%MAR FY2019: 6.1%MAR FY2020: -2.5%MAR FY2021: 7.9%MAR FY2022: 11.4%MAR FY2023: 13.0%MAR FY2024: 9.5%MAR FY2025: 9.9%FY18FY19FY20FY21FY22FY23FY24FY25
H -0.7%MAR 9.9%
Revenue growth
H FY2019: +12.7%H FY2020: -58.8%H FY2021: +46.6%H FY2022: +94.6%H FY2023: +13.2%H FY2024: -0.3%H FY2025: +6.8%MAR FY2019: +1.0%MAR FY2020: -49.6%MAR FY2021: +31.1%MAR FY2022: +49.9%MAR FY2023: +14.2%MAR FY2024: +5.8%MAR FY2025: +4.3%FY19FY20FY21FY22FY23FY24FY25
H +6.8%MAR +4.3%
Free cash flow
H FY2018: $44MH FY2019: $27MH FY2020: -$733MH FY2021: $204MH FY2022: $473MH FY2023: $602MH FY2024: $463MH FY2025: $159MMAR FY2018: $1.8BMAR FY2019: $1BMAR FY2020: $1.5BMAR FY2021: $994MMAR FY2022: $2BMAR FY2023: $2.7BMAR FY2024: $2BMAR FY2025: $2.6BFY18FY19FY20FY21FY22FY23FY24FY25
H $159MMAR $2.6B

Fiscal years as each company reports them; the two may end in different months.

Questions about Hyatt Hotels and Marriott International

Which is bigger by revenue, Hyatt Hotels or Marriott International?

Marriott International is bigger by revenue: $26.2B in fiscal 2025, against $7.1B for Hyatt Hotels in fiscal 2025.

Which keeps more of its revenue as profit, Hyatt Hotels or Marriott International?

Hyatt Hotels had a net margin of -0.7% in fiscal 2025; Marriott International had 9.9% in fiscal 2025.

Which grew revenue faster, Hyatt Hotels or Marriott International?

In their latest fiscal years revenue changed by +6.8% at Hyatt Hotels and +4.3% at Marriott International.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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