Revenue
$26.19B
Fiscal year ended 2025-12-31Operating income
$4.14B
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31MARRIOTT INTERNATIONAL INC /MD/ (MAR) reported revenue of $26.19B and net income of $2.60B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from MARRIOTT INTERNATIONAL INC /MD/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Hotels & Motels.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.19B | $25.10B | $23.71B | $20.77B | $13.86B | $10.57B | $20.97B | $20.76B | $20.45B | $15.41B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $4.14B | $3.77B | $3.86B | $3.46B | $1.75B | $84.00M | $1.80B | $2.37B | $2.50B | $1.42B |
| Net income | $2.60B | $2.38B | $3.08B | $2.36B | $1.10B | -$267.00M | $1.27B | $1.91B | $1.46B | $808.00M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 273.60M | shares 285.20M | shares 302.90M | shares 325.80M | shares 329.30M | shares 325.80M | shares 335.50M | shares 354.20M | shares 379.90M | shares 295.70M |
| Pretax income | $3.39B | $3.15B | $3.38B | $3.11B | $1.18B | -$466.00M | $1.60B | $2.34B | $2.98B | $1.24B |
| Income tax expense | $793.00M | $776.00M | $295.00M | $756.00M | $81.00M | -$199.00M | $326.00M | $438.00M | $1.52B | $431.00M |
| Diluted EPS | $9.51 | $8.33 | $10.18 | $7.24 | $3.34 | $-0.82 | $3.80 | $5.38 | $3.84 | $2.73 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $870.00M | $945.00M | $867.00M | $891.00M | $823.00M | $762.00M | $938.00M | $927.00M | $921.00M | $743.00M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $358.00M | $396.00M | $338.00M | $507.00M | $1.39B | $877.00M | $225.00M | $316.00M | $383.00M | $858.00M |
| Total assets | $27.54B | $26.18B | $25.67B | $24.82B | $25.55B | $24.70B | $25.05B | $23.70B | $23.85B | $24.14B |
| Current assets | $3.58B | $3.48B | $3.31B | $3.31B | $3.63B | $2.82B | $3.13B | $2.71B | $2.74B | $3.37B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $8.40B | $8.65B | $7.76B | $7.34B | $6.41B | $5.75B | $6.68B | $6.44B | $5.81B | $5.15B |
| Total equity incl. NCI | -$3.77B | -$2.99B | -$682.00M | $568.00M | $1.41B | $430.00M | $703.00M | $2.22B | $3.58B | $5.12B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $8.91B | $8.73B | $8.89B | $8.87B | $9.07B | $9.18B | $9.05B | $9.04B | $9.21B | $7.60B |
| Long-term debt | $15.00B | $13.14B | $11.32B | $9.38B | $9.33B | $9.20B | $9.96B | $8.51B | $7.84B | $8.20B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.21B | $2.75B | $3.17B | $2.36B | $1.18B | $1.64B | $1.68B | $2.36B | $2.23B | $1.62B |
| Capital expenditures | Unavailable | $750.00M | $452.00M | $332.00M | $183.00M | $135.00M | $653.00M | $556.00M | $240.00M | $199.00M |
| Investing cash flow | -$948.00M | -$734.00M | -$465.00M | -$297.00M | -$187.00M | $35.00M | -$284.00M | -$52.00M | $1.21B | -$2.35B |
| Financing cash flow | -$2.32B | -$1.96B | -$2.86B | -$2.96B | -$463.00M | -$1.03B | -$1.51B | -$2.37B | -$3.90B | $1.50B |
| Net change in cash | -$54.00M | $59.00M | -$159.00M | -$896.00M | $527.00M | $641.00M | -$107.00M | -$69.00M | -$458.00M | $770.00M |
| Stock-based compensation | $236.00M | $237.00M | $205.00M | $192.00M | $182.00M | $201.00M | $187.00M | $184.00M | $181.00M | $212.00M |
| Common dividends paid | $718.00M | $682.00M | $587.00M | $321.00M | $0 | $156.00M | $612.00M | $543.00M | $482.00M | $374.00M |
| Common share repurchases | $3.30B | $3.76B | $3.95B | $2.57B | $0 | $150.00M | $2.26B | $2.85B | $3.01B | $568.00M |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | $2.03B | $994.00M | $1.50B | $1.03B | $1.80B | $1.99B | $1.42B |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 15.8% | 15.0% | 16.3% | 16.7% | 12.6% | 0.8% | 8.6% | 11.4% | 12.2% | 9.2% |
| FCF margin | Unavailable | Unavailable | Unavailable | 9.8% | 7.2% | 14.2% | 4.9% | 8.7% | 9.7% | 9.2% |
| SBC / revenue | 0.9% | 0.9% | 0.9% | 0.9% | 1.3% | 1.9% | 0.9% | 0.9% | 0.9% | 1.4% |
| Current ratio | 0.43x | 0.40x | 0.43x | 0.45x | 0.57x | 0.49x | 0.47x | 0.42x | 0.47x | 0.65x |
| Revenue YoY growth | 4.3% | 5.8% | 14.2% | 49.9% | 31.1% | -49.6% | 1.0% | 1.5% | 32.7% | Unavailable |
| Net margin | 9.9% | 9.5% | 13.0% | 11.4% | 7.9% | -2.5% | 6.1% | 9.2% | 7.1% | 5.2% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | 1.6% | 1.3% | 1.3% | 3.1% | 2.7% | 1.2% | 1.3% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 23.4% | 24.6% | 8.7% | 24.3% | 6.9% | Unavailable | 20.4% | 18.7% | 51.1% | 34.8% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MAR in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-03View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-02-10View SEC filing
10-Q · Filed 2025-11-04View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-06View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.