Marriott International is a hotel company from Maryland. Its brands include Marriott, Ritz-Carlton, Sheraton, Westin and Courtyard. Most hotels are run under franchise or management contracts; it also runs the Bonvoy loyalty program. As of Oct 13, 2026
As of Oct 13, 2026Fact sheet (from the annual report)Hotels · Bethesda, USAfull fact sheet
Marriott operates worldwide as a franchisor, manager and licensor of hotels, residences and timeshare resorts. The focus of the business is on franchising, management and licensing. Its reporting segments are United States and Canada, Europe with the Middle East and Africa, Greater China, and Asia Pacific excluding China. The brands are divided into the tiers Luxury, Premium, Select and Midscale, including the MGM Collection with Marriott Bonvoy. For residential projects, Marriott receives branding fees once external developers sell branded residences. In the Marriott Bonvoy loyalty program, members earn points for stays at participating properties as well as through co-branded credit cards and other program partners.
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
52-week-high breakout · Analysis method
This method currently detects no pattern for MAR. The check runs daily after the close.
You see new patterns immediately from Watcher, on the free plan 2 days after they form. Plans and pricing
What does the pattern show?
What is this? The price closes above the highest high of the last 52 weeks for the first time, on clearly higher volume. New 52-week highs are seen as a sign of strength.
SEC filing (10-K, 10-Q)Required reports of listed companies to the US Securities and Exchange Commission (SEC): 10-K is the annual report, 10-Q the quarterly report, 20-F the annual report of foreign companies. We show the figures of the first filing.Example: 10-K for the fiscal year ending Sep 27, 2025, filed on Oct 31, 2025.More in the Academy: Lesson revenue, profit and margin
Marriott International · Sector Consumer Discretionary · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 10, 2026.
Quality checks
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
–no data: Gross margin above 40%not stated in the SEC filings
✓met: Operating margin above 15%15.8%
✗not met: Net margin above 10%9.9%
–no data: Return on equity above 15%negative equity
✗not met: Free cash flow margin above 10%10.0%
✓met: Profit in each of the last 5 fiscal years5 of 5
✓met: Free cash flow positive in each of the last 3 fiscal years3 of 3
✗not met: Equity ratio above 30%−13.7%
Operating margin
15.8%Fiscal year 2025
All48medium
Rank 48 of 100: higher than 48% of 192 peers (All). medium.
Sector68strong
Rank 68 of 100: higher than 68% of 20 peers (Sector). strong.
Median Consumer Discretionary: 11.5%
Operating income divided by revenue: what the core business earns before interest and taxes.
Net margin
9.9%Fiscal year 2025
All38medium
Rank 38 of 100: higher than 38% of 237 peers (All). medium.
Sector64medium
Rank 64 of 100: higher than 64% of 21 peers (Sector). medium.
Median Consumer Discretionary: 8.6%
Profit after all costs, interest and taxes divided by revenue.
Return on assets
9.4%Fiscal year 2025 (total assets at year end)
All68strong
Rank 68 of 100: higher than 68% of 238 peers (All). strong.
Sector50medium
Rank 50 of 100: higher than 50% of 21 peers (Sector). medium.
Median Consumer Discretionary: 9.4%
Net income divided by total assets at fiscal year end.
Equity ratio
−13.7%Fiscal year 2025
All4weak
Rank 4 of 100: higher than 4% of 239 peers (All). weak.
Sector20weak
Rank 20 of 100: higher than 20% of 22 peers (Sector). weak.
Median Consumer Discretionary: 26.1%
Equity as a share of total assets. Usually low for banks.
Free cash flow margin
10.0%Fiscal year 2025
All42medium
Rank 42 of 100: higher than 42% of 213 peers (All). medium.
Sector69strong
Rank 69 of 100: higher than 69% of 21 peers (Sector). strong.
Median Consumer Discretionary: 8.9%
Free cash flow divided by revenue.
Free cash flow
2.6B USDFiscal year 2025
Operating cash flow minus capital expenditure on property and equipment.
Growth 6 of 6 met · 1 without data
✓met: Over 3 years, revenue grew by more than 5% per year+8.0%
✓met: Over 5 years, revenue grew by more than 5% per year+19.9%
✓met: Over 10 years, revenue grew by more than 5% per year+6.1%
✓met: Over 3 years, EPS grew by more than 5% per year+9.5%
–no data: Over 5 years, EPS grew by more than 5% per yearnot computable (loss in the first or last year, or figures missing)
✓met: Revenue rose in at least 4 of the last 5 fiscal years5 of 5
✓met: Revenue rose in the last fiscal year+4.3%
Revenue growth 3 years
+8.0%per year
All47medium
Rank 47 of 100: higher than 47% of 230 peers (All). medium.
Sector61medium
Rank 61 of 100: higher than 61% of 22 peers (Sector). medium.
Median Consumer Discretionary: +6.2%
Average growth per year over 3 fiscal years.
Revenue growth 5 years
+19.9%per year
All74strong
Rank 74 of 100: higher than 74% of 217 peers (All). strong.
Sector64medium
Rank 64 of 100: higher than 64% of 21 peers (Sector). medium.
Median Consumer Discretionary: +12.7%
Average growth per year over 5 fiscal years.
Revenue growth 10 years
+6.1%per year
All44medium
Rank 44 of 100: higher than 44% of 157 peers (All). medium.
Sector47medium
Rank 47 of 100: higher than 47% of 18 peers (Sector). medium.
Median Consumer Discretionary: +6.3%
Average growth per year over 10 fiscal years.
EPS growth 3 years
+9.5%per year
All44medium
Rank 44 of 100: higher than 44% of 157 peers (All). medium.
Sector54medium
Rank 54 of 100: higher than 54% of 12 peers (Sector). medium.
Median Consumer Discretionary: +7.4%
Growth of earnings per share per year, adjusted for stock splits.
EPS growth 10 years
+11.7%per year
All58medium
Rank 58 of 100: higher than 58% of 140 peers (All). medium.
Sector70strong
Rank 70 of 100: higher than 70% of 15 peers (Sector). strong.
Median Consumer Discretionary: +10.1%
Growth of earnings per share per year, adjusted for stock splits.
Dividend 5 of 5 met · 2 without data
✓met: Pays a dividend2.64 USD
✓met: Payout ratio at most 60% of earnings28%
–no data: Dividend paid in each of the last 5 fiscal yearsnot reported as an annual figure for each of the last 5 fiscal years
–no data: Dividend per share never lowered in the last 5 fiscal yearsnot reported as an annual figure for each of the last 5 fiscal years
✓met: Dividend per share higher than 5 years ago+40.6%
✓met: Free cash flow per share covers the dividend3.6x
✓met: Dividends paid over the last 5 years covered by free cash flow22% of free cash flow
Payout ratio
28%Fiscal year 2025
Dividend per share divided by earnings per share.
Dividend growth 5 years
+40.6%per year
All95strong
Rank 95 of 100: higher than 95% of 118 peers (All). strong.
Sector79strong
Rank 79 of 100: higher than 79% of 12 peers (Sector). strong.
Median Consumer Discretionary: +23.8%
Growth of the dividend per share per year.
Free cash flow coverage
3.6xFiscal year 2025
Free cash flow per share divided by dividend per share. From 1x the dividend is covered.
Financial strength 3 of 6 met
✓met: Piotroski F-Score at least 7 of 97 of 8 · 1 without data
✗not met: Long-term debt no higher than equitynegative equity
✗not met: Current assets cover current liabilities0.43
✗not met: Positive equity−3.8B USD
✓met: In 5 years, share count up by at most 5%−16.0%
✓met: Free cash flow positive in the last fiscal year2.6B USD
Piotroski F-Score
7 of 8Fiscal year 2025
No rank: not all 9 criteria have data.
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
Debt / equity
negative equityat fiscal year end
No rank: too few peers or not computed yet.
Long-term financial debt divided by equity.
Liquidity (current ratio)
0.43at fiscal year end
All2weak
Rank 2 of 100: higher than 2% of 215 peers (All). weak.
Sector7weak
Rank 7 of 100: higher than 7% of 22 peers (Sector). weak.
Median Consumer Discretionary: 1.15
Current assets divided by current liabilities.
Change in share count
−16.0%in 5 years
All92strong
Rank 92 of 100: lower than 92% of 199 peers (All). strong.
Sector80strong
Rank 80 of 100: lower than 80% of 22 peers (Sector). strong.
Median Consumer Discretionary: −7.4%
Change in diluted share count. Negative = share buybacks, positive = new shares.
The 9 criteria of the Piotroski F-Score
✓met: Profit in the last fiscal year (positive return on assets)
✓met: Positive operating cash flow
✓met: Return on assets higher than the prior year
✓met: Operating cash flow higher than net income
✗not met: Long-term debt relative to total assets fell
✓met: Liquidity (current assets / current liabilities) rose
✓met: No additional shares (diluted share count did not rise)
–no data: Gross margin higher than the prior year
✓met: Revenue relative to total assets higher than the prior year
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
In short
Light green: Revenue grew over 5 years (+19.9% per year), at least as fast as the sector median.
Light green: Net margin 9.9%, above the sector median (9.4%).
Light yellow: Profit in 9 of 10 fiscal years.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
RevenueNet incomeNet margin (below)in USD
−10B010B20B30B
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Revenue 17.1B USD · Net income 780.0M USD · Net margin 4.6%
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Revenue 22.9B USD · Net income 1.4B USD · Net margin 6.0%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Revenue 20.8B USD · Net income 1.9B USD · Net margin 9.2%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Revenue 21.0B USD · Net income 1.3B USD · Net margin 6.1%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Revenue 10.6B USD · Net income −267.0M USD · Net margin −2.5%
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Revenue 13.9B USD · Net income 1.1B USD · Net margin 7.9%
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Revenue 20.8B USD · Net income 2.4B USD · Net margin 11.4%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Revenue 23.7B USD · Net income 3.1B USD · Net margin 13.0%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Revenue 25.1B USD · Net income 2.4B USD · Net margin 9.5%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 26.2B USD · Net income 2.6B USD · Net margin 9.9%
Margin
5%6%9%6%−3%8%11%13%9%10%
RevenueNet incomeNet margin (below)in USD
02B4B6B8B
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Revenue 5.9B USD · Net income 752.0M USD · Net margin 12.7%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Revenue 6.1B USD · Net income 848.0M USD · Net margin 13.9% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Revenue 6.0B USD · Net income 564.0M USD · Net margin 9.4%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Revenue 6.4B USD · Net income 772.0M USD · Net margin 12.0%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Revenue 6.3B USD · Net income 584.0M USD · Net margin 9.3%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Revenue 6.4B USD · Net income 455.0M USD · Net margin 7.1% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Revenue 6.3B USD · Net income 665.0M USD · Net margin 10.6%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Revenue 6.7B USD · Net income 763.0M USD · Net margin 11.3%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Revenue 6.5B USD · Net income 728.0M USD · Net margin 11.2%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Revenue 6.7B USD · Net income 445.0M USD · Net margin 6.7% · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Revenue 6.7B USD · Net income 648.0M USD · Net margin 9.7%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Revenue 7.1B USD · Net income 766.0M USD · Net margin 10.8%
Margin
13%14%9%12%9%7%11%11%11%7%10%11%
Earnings per shareUSD per share
−5.0005.001015
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Earnings per share 2.64 USD
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Earnings per share 3.61 USD
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Earnings per share 5.38 USD
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Earnings per share 3.80 USD
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Earnings per share −0.82 USD
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Earnings per share 3.34 USD
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Earnings per share 7.24 USD
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Earnings per share 10.18 USD
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Earnings per share 8.33 USD
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Earnings per share 9.51 USD
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Earnings per share not reported separately for Q4
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Earnings per share 2.43 USD
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Earnings per share 2.90 USD
Dividend per sharePayout ratio (below)USD per share
01.002.003.00
2016Fiscal year 2016 (Jan 1, 2016 – Dec 31, 2016): Dividend per share not available · Payout ratio not available
2017Fiscal year 2017 (Jan 1, 2017 – Dec 31, 2017): Dividend per share 1.29 USD · Payout ratio 35.7%
2018Fiscal year 2018 (Jan 1, 2018 – Dec 31, 2018): Dividend per share 1.56 USD · Payout ratio 29.0%
2019Fiscal year 2019 (Jan 1, 2019 – Dec 31, 2019): Dividend per share 1.85 USD · Payout ratio 48.7%
2020Fiscal year 2020 (Jan 1, 2020 – Dec 31, 2020): Dividend per share 0.48 USD · Payout ratio not available
2021Fiscal year 2021 (Jan 1, 2021 – Dec 31, 2021): Dividend per share not available · Payout ratio not available
2022Fiscal year 2022 (Jan 1, 2022 – Dec 31, 2022): Dividend per share 1.00 USD · Payout ratio 13.8%
2023Fiscal year 2023 (Jan 1, 2023 – Dec 31, 2023): Dividend per share 1.96 USD · Payout ratio 19.3%
2024Fiscal year 2024 (Jan 1, 2024 – Dec 31, 2024): Dividend per share 2.41 USD · Payout ratio 28.9%
2025Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Dividend per share 2.64 USD · Payout ratio 27.8%
Ratio
36%29%49%14%19%29%28%
Dividend per sharePayout ratio (below)USD per share
00.200.400.600.80
Q3/23Quarter Q3/23 (Jul 1, 2023 – Sep 30, 2023): Dividend per share 0.52 USD · Payout ratio 20.7%
Q4/23Quarter Q4/23 (Oct 1, 2023 – Dec 31, 2023): Dividend per share not available · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/24Quarter Q1/24 (Jan 1, 2024 – Mar 31, 2024): Dividend per share 0.52 USD · Payout ratio 26.9%
Q2/24Quarter Q2/24 (Apr 1, 2024 – Jun 30, 2024): Dividend per share 0.63 USD · Payout ratio 23.4%
Q3/24Quarter Q3/24 (Jul 1, 2024 – Sep 30, 2024): Dividend per share 0.63 USD · Payout ratio 30.4%
Q4/24Quarter Q4/24 (Oct 1, 2024 – Dec 31, 2024): Dividend per share not available · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/25Quarter Q1/25 (Jan 1, 2025 – Mar 31, 2025): Dividend per share 0.63 USD · Payout ratio 26.4%
Q2/25Quarter Q2/25 (Apr 1, 2025 – Jun 30, 2025): Dividend per share 0.67 USD · Payout ratio 24.1%
Q3/25Quarter Q3/25 (Jul 1, 2025 – Sep 30, 2025): Dividend per share 0.67 USD · Payout ratio 25.1%
Q4/25Quarter Q4/25 (Oct 1, 2025 – Dec 31, 2025): Dividend per share not available · Payout ratio not available · Q4 derived (year minus 9 months), may be distorted by restatements
Q1/26Quarter Q1/26 (Jan 1, 2026 – Mar 31, 2026): Dividend per share 0.67 USD · Payout ratio 27.6%
Q2/26Quarter Q2/26 (Apr 1, 2026 – Jun 30, 2026): Dividend per share 0.73 USD · Payout ratio 25.2%
Ratio
21%27%23%30%26%24%25%28%25%
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 26.2B USD · Net income 2.6B USD · Net margin 9.9%
Figures over time
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Money flow in fiscal year 2025
Of 100 USD of revenue, 15.8 USD operating income and 9.9 USD net income remained.
Revenue26.2B USD · 100%Operating income4.1B USD · 16%Cost of revenue and operating expenses22.0B USD · 84%Net income2.6B USD · 10%Interest expense809.0M USD · 3%Taxes & other (net)731.0M USD · 3%
Money flow as a table
Fiscal year 2025, amounts in USD, share of revenue
Item
Amount
of revenue
Revenue
26.2B USD
100.0%
Operating income
4.1B USD
15.8%
Cost of revenue and operating expenses
22.0B USD
84.2%
Net income
2.6B USD
9.9%
Interest expense
809.0M USD
3.1%
Taxes & other (net)
731.0M USD
2.8%
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
Margins
The operating margin rose in 5 years from 0.8% to 15.8%.
Operating marginNet margin
−5%0%5%10%15%20%
2016Fiscal year 2016: Operating margin 8.0% · Net margin 4.6%
2017Fiscal year 2017: Operating margin 10.3% · Net margin 6.0%
2018Fiscal year 2018: Operating margin 11.4% · Net margin 9.2%
2019Fiscal year 2019: Operating margin 8.6% · Net margin 6.1%
2020Fiscal year 2020: Operating margin 0.8% · Net margin −2.5%
2021Fiscal year 2021: Operating margin 12.6% · Net margin 7.9%
2022Fiscal year 2022: Operating margin 16.7% · Net margin 11.4%
2023Fiscal year 2023: Operating margin 16.3% · Net margin 13.0%
2024Fiscal year 2024: Operating margin 15.0% · Net margin 9.5%
2025Fiscal year 2025: Operating margin 15.8% · Net margin 9.9%
Returns
Return on equity rose in 5 years from 14.6% to 77.7%.
Return on equityReturn on assetsReturn on equity hidden where equity is below 5% of total assets.
−25%0%25%50%75%100%
2016Fiscal year 2016: Return on equity 14.6% · Return on assets 3.2%
2017Fiscal year 2017: Return on equity 36.8% · Return on assets 5.7%
2018Fiscal year 2018: Return on equity 85.7% · Return on assets 8.0%
2019Fiscal year 2019: Return on equity not available · Return on assets 5.1%
2020Fiscal year 2020: Return on equity not available · Return on assets −1.1%
2021Fiscal year 2021: Return on equity 77.7% · Return on assets 4.3%
2022Fiscal year 2022: Return on equity not available · Return on assets 9.5%
2023Fiscal year 2023: Return on equity not available · Return on assets 12.0%
2024Fiscal year 2024: Return on equity not available · Return on assets 9.1%
2025Fiscal year 2025: Return on equity not available · Return on assets 9.4%
Equity and long-term debt
The equity ratio fell in 5 years from 1.7% to −13.7%.
EquityLong-term debtin USDLong-term debt, depending on the filing, includes the current portion or leases.
2016Fiscal year 2016: Operating cash flow 1.6B USD · Capital expenditure 199.0M USD · Free cash flow 1.4B USD
2017Fiscal year 2017: Operating cash flow 2.4B USD · Capital expenditure 240.0M USD · Free cash flow 2.2B USD
2018Fiscal year 2018: Operating cash flow 2.4B USD · Capital expenditure 556.0M USD · Free cash flow 1.8B USD
2019Fiscal year 2019: Operating cash flow 1.7B USD · Capital expenditure 653.0M USD · Free cash flow 1.0B USD
2020Fiscal year 2020: Operating cash flow 1.6B USD · Capital expenditure 135.0M USD · Free cash flow 1.5B USD
2021Fiscal year 2021: Operating cash flow 1.2B USD · Capital expenditure 183.0M USD · Free cash flow 994.0M USD
2022Fiscal year 2022: Operating cash flow 2.4B USD · Capital expenditure 332.0M USD · Free cash flow 2.0B USD
2023Fiscal year 2023: Operating cash flow 3.2B USD · Capital expenditure 452.0M USD · Free cash flow 2.7B USD
2024Fiscal year 2024: Operating cash flow 2.7B USD · Capital expenditure 750.0M USD · Free cash flow 2.0B USD
2025Fiscal year 2025: Operating cash flow 3.2B USD · Capital expenditure 604.0M USD · Free cash flow 2.6B USD
Share count
The share count fell in 5 years by 16.0% (mostly through share repurchases).
Diluted share count
0100M200M300M400M
2016Fiscal year 2016: Diluted share count 295.7M
2017Fiscal year 2017: Diluted share count 379.9M
2018Fiscal year 2018: Diluted share count 354.2M
2019Fiscal year 2019: Diluted share count 335.5M
2020Fiscal year 2020: Diluted share count 325.8M
2021Fiscal year 2021: Diluted share count 329.3M
2022Fiscal year 2022: Diluted share count 325.8M
2023Fiscal year 2023: Diluted share count 302.9M
2024Fiscal year 2024: Diluted share count 285.2M
2025Fiscal year 2025: Diluted share count 273.6M
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
Dividends and share repurchases
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
Dividend per share
2.64USD · Fiscal year 2025
Dividend growth per year
3 y+38.2%5 y–10 y–
Years without a cut
at least 3as far as the data goes
Payout ratio
of earnings28%of free cash flow28%
To shareholders (5 years)
15.9B USD85% through repurchases
Share count over 5 years
−16.0%fewer shares – each share is a larger stake
Dividend per share
The dividend per share rose in 5 years from 0.48 USD to 2.64 USD.
Dividend per shareUSD per sharePer share as filed with the SEC, including special dividends; obvious filing errors are hidden.
01.002.003.00
2016Fiscal year 2016: Dividend per share not available
2017Fiscal year 2017: Dividend per share 1.29 USD
2018Fiscal year 2018: Dividend per share 1.56 USD
2019Fiscal year 2019: Dividend per share 1.85 USD
2020Fiscal year 2020: Dividend per share 0.48 USD
2021Fiscal year 2021: Dividend per share not available
2022Fiscal year 2022: Dividend per share 1.00 USD
2023Fiscal year 2023: Dividend per share 1.96 USD
2024Fiscal year 2024: Dividend per share 2.41 USD
2025Fiscal year 2025: Dividend per share 2.64 USD
Payout ratios
The payout ratio rose in 3 years from 13.8% to 27.8%.
Payout ratio (earnings)Payout ratio (free cash flow)
0%20%40%60%
2016Fiscal year 2016: Payout ratio (earnings) not available · Payout ratio (free cash flow) 27.0%
2017Fiscal year 2017: Payout ratio (earnings) 35.7% · Payout ratio (free cash flow) 21.9%
2018Fiscal year 2018: Payout ratio (earnings) 29.0% · Payout ratio (free cash flow) 30.1%
2019Fiscal year 2019: Payout ratio (earnings) 48.7% · Payout ratio (free cash flow) 59.3%
2020Fiscal year 2020: Payout ratio (earnings) not available · Payout ratio (free cash flow) 10.4%
2021Fiscal year 2021: Payout ratio (earnings) not available · Payout ratio (free cash flow) 0.0%
2022Fiscal year 2022: Payout ratio (earnings) 13.8% · Payout ratio (free cash flow) 15.8%
2023Fiscal year 2023: Payout ratio (earnings) 19.3% · Payout ratio (free cash flow) 21.6%
2024Fiscal year 2024: Payout ratio (earnings) 28.9% · Payout ratio (free cash flow) 34.1%
2025Fiscal year 2025: Payout ratio (earnings) 27.8% · Payout ratio (free cash flow) 27.5%
What goes back to shareholders
Over 5 years, 15.9B USD went back to shareholders, 85% of it through share repurchases. That is 154% of the free cash flow of those years. This was offset by new shares issued for 196.0M USD (including employee plans).
Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Valuation over time
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users.Log in
Sector comparison
Marriott International next to 8 stocks of the sector Consumer Discretionary we cover that are closest in revenue. Click a column header to sort the table.
Sector comparison MAR, sector Consumer Discretionary; last row: sector median
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Key figures with traffic lights
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 50 symbols in the Consumer Discretionary sector on our list (current members of the S&P 500 and other lists).
Revenue growth
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light green: above sector
+19.9%per year, last 5 years
Sector Consumer Discretionary: median +11.0% (49 symbols)
What does this mean? Revenue: over 5 years it grew by 19.9% per year on average – at least as fast as the median company in the sector (+11.0%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Net income (total)
Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth
Light gray: not computable
–per year, last 5 years
Sector Consumer Discretionary: median +10.4% (32 symbols)
per share: not computable (loss in the first or last year)
What does this mean? There was a loss in the first or last year. An annual growth rate cannot be calculated meaningfully then.
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
Sector Consumer Discretionary: median 9.4% (49 symbols)
What does this mean? Of every 100 USD in revenue, 9.93 USD remained as profit – at least as much as the median company in the sector (9.4%). Five years ago the margin was −2.5%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
Debt / equity
Debt-to-equity ratioFinancial debt (loans, bonds) divided by equity. A high value amplifies good and bad years alike. The key figures bar in the chart only uses long-term financial debt.Example: Financial debt €300m, equity €500m → 0.6.More in the Academy: Lesson debt, dividends and growth
Light gray: negative equity
–latest balance sheet
Sector Consumer Discretionary: median 0.82 (31 symbols)
What does this mean? Equity is negative (e.g. due to share buybacks). A debt-to-equity ratio cannot be formed meaningfully then.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
Payout ratio
Payout ratioThe share of profit that a company pays out as a dividend. Above 100% it pays out more than it earns.Example: Dividend €1, earnings per share €2.50 → payout ratio 40%.More in the Academy: Lesson debt, dividends and growth
Light green: covered
28%Dividend / earnings per share
Sector Consumer Discretionary: median 32% (26 symbols)
What does this mean? Of every 1 USD of earnings per share, 0.28 USD went to shareholders as a dividend. The rest stays in the company. Median company in the sector: 32%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
Profitable years
Profitable yearsHow many of the last fiscal years ended with a profit rather than a loss on the bottom line. The figure shows how consistently a company earns.Example: Profit in 9 of 10 years → one loss year.More in the Academy: Lesson revenue, profit and margin
Light yellow: 1 loss year
9 of 10fiscal years with a profit
What does this mean? In 9 of the last 10 fiscal years the bottom line showed a profit. One year ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
Last fiscal year and 13F
Information, not a trading signal · Source: SEC EDGAR
Revenue (FY)
26.2B USD
Revenue vs. prior year
+4.3%
Net income (FY)
2.6B USD
Net income vs. prior year
+9.5%
EPS (FY)
9.51 USD
13F funds with a position
1 of 9
Funds vs. prior quarter
±0
Shares held vs. prior quarter
+79.9%
Fiscal year to Dec 31, 2025 · 10-K filed Feb 10, 2026 · Price-based figures (P/E, P/S, dividend yield, market cap) only when logged in. · Values as first reported; debt = reported financial debt (US GAAP: long-term).13F: reporting date Jun 30, 2026, 9 tracked funds have filed (latest Aug 14, 2026), filed with up to 45 days of delay. Stock positions only; comparison with Mar 31, 2026 only across funds that filed for both quarters.
All figures as a table
Fiscal years (amounts in USD, per share in USD)
Year
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
2025
Dec 31, 2025
26.2B
2.6B
9.9%
9.51
2.64
28%
2024
Dec 31, 2024
25.1B
2.4B
9.5%
8.33
2.41
29%
2023
Dec 31, 2023
23.7B
3.1B
13.0%
10.18
1.96
19%
2022
Dec 31, 2022
20.8B
2.4B
11.4%
7.24
1.00
14%
2021
Dec 31, 2021
13.9B
1.1B
7.9%
3.34
–
–
2020
Dec 31, 2020
10.6B
−267.0M
−2.5%
−0.82
0.48
–
2019
Dec 31, 2019
21.0B
1.3B
6.1%
3.80
1.85
49%
2018
Dec 31, 2018
20.8B
1.9B
9.2%
5.38
1.56
29%
2017
Dec 31, 2017
22.9B
1.4B
6.0%
3.61
1.29
36%
2016
Dec 31, 2016
17.1B
780.0M
4.6%
2.64
–
–
Quarters (amounts in USD, per share in USD)
Quarter
End
Revenue
Net income
Margin
Earnings per share
Dividend per share
Payout
Q2/26
Jun 30, 2026
7.1B
766.0M
10.8%
2.90
0.73
25%
Q1/26
Mar 31, 2026
6.7B
648.0M
9.7%
2.43
0.67
28%
Q4/25*
Dec 31, 2025
6.7B
445.0M
6.7%
–
–
–
Q3/25
Sep 30, 2025
6.5B
728.0M
11.2%
2.67
0.67
25%
Q2/25
Jun 30, 2025
6.7B
763.0M
11.3%
2.78
0.67
24%
Q1/25
Mar 31, 2025
6.3B
665.0M
10.6%
2.39
0.63
26%
Q4/24*
Dec 31, 2024
6.4B
455.0M
7.1%
–
–
–
Q3/24
Sep 30, 2024
6.3B
584.0M
9.3%
2.07
0.63
30%
Q2/24
Jun 30, 2024
6.4B
772.0M
12.0%
2.69
0.63
23%
Q1/24
Mar 31, 2024
6.0B
564.0M
9.4%
1.93
0.52
27%
Q4/23*
Dec 31, 2023
6.1B
848.0M
13.9%
–
–
–
Q3/23
Sep 30, 2023
5.9B
752.0M
12.7%
2.51
0.52
21%
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
Insiders
Insider transactionsExecutives, directors and major shareholders (over 10%) of US companies report their own transactions in their company’s stock to the SEC within two business days (Form 4). Purchases in the market count as more meaningful than sales (often taxes, estate planning).Example: Three executives acquire stock worth a total of 2 million USD within two weeks → “purchases by several insiders”.More in the Academy: Glossary
May 18, 2026Roe PeggyOfficerOpen-market sale3,000 shares · $1.1M · SEC
May 13, 2026Mao YibingOfficerOpen-market sale4,816 shares · $1.7M · SEC
Feb 19, 2026Menon RajeevOfficerOpen-market sale3,492 shares · $1.2M · SEC
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
Trend score +100
Price vs. EMA 50+15
Price vs. EMA 200+15
EMA 50 vs. EMA 200+20
ADX (trend strength)+15
Highs and lows+20
Relative strength+15
Volatility and trend strength
ADX 14 (trend strength)38.6
Rel. strength 60 d+11.4%
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.