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UPDATED: Nov 14, 2025

Stock Analysis

MAR Logo
$287.43
-$4.24 |-1.45%
Day Range:
$287.01 - $293.49
Market Cap:
79.37B
P/E Ratio:
30.7669
Avg Value:
$256.46
Year Range:
$205.40 - $307.52
1
General Information
Marriott operates 1.8 million rooms across roughly 30 brands. At the end of 2024, luxury represented roughly 10% of total rooms, premium was 43%, select service was 45%, midscale was 1%, and other was 1%.

Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 98% of total rooms as of Dec. 31, 2024. North America makes up 62% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.

2
Marriott International (MAR) Stock Graph
3
How We Grade Marriott International (MAR)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade Marriott International (MAR) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

36.34

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

20.01

Value is a percentile-ranked composite metric that evaluates a stock's relative worth by comparing its market price to fundamental measures of the company's assets, earnings, sales, and operating performance.

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
5
Peer Ratings

See how Marriott International compares to its peers in these key performance metrics from Benzinga Rankings.

Top Peers
Value
Quality
Growth
Momentum
Short
Medium
Long
ABNBAirbnb
41.07
0
72.14
22.69
RCLRoyal Caribbean Gr
49.01
0
64.96
51.74
HLTHilton Worldwide Holdings
14.29
0
38.3
53.65
TCOMTrip.com Group
56.81
51.59
94
72.22
Short: price trend over the last couple of months
Medium: price trend over the last couple of quarters
Long: price trend over the past year
Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
6
Future Growth
Our estimate of future price growth is based on an aggregation of 7 analyst ratings over the past 3 months and their 12-month price targets.

Below, you can see that analysts are estimating a 12-month price target range of $262.00 - $296.00 with an average of $281.00

-2.50%
Expected movement for Marriott International (MAR) over the next 12 months
Based on these rankings

Recent Ratings for Marriott International (MAR)

Barclays
Date:
Nov 5, 2025
Action:
Maintains
Prev. Target:
$262.00
New Target:
$274.00
BMO Capital
Date:
Nov 5, 2025
Action:
Maintains
Prev. Target:
$280.00
New Target:
$285.00
Morgan Stanley
Date:
Oct 22, 2025
Action:
Maintains
Prev. Target:
$302.00
New Target:
$296.00
Baird
Date:
Oct 21, 2025
Action:
Maintains
Prev. Target:
$287.00
New Target:
$285.00
Barclays
Date:
Oct 3, 2025
Action:
Maintains
Prev. Target:
$276.00
New Target:
$262.00
Truist Securities
Date:
Sep 3, 2025
Action:
Maintains
Prev. Target:
$273.00
New Target:
$278.00
Baird
Date:
Aug 20, 2025
Action:
Maintains
Prev. Target:
$285.00
New Target:
$287.00
7
Valuation

Earnings History (3 years)

It is important to look at a companies earnings history to see not only if they are profitable, but if their earnings are growing.
As you can see from the chart above, MAR's earnings have fluctuated but has decreased since, this is a negative sign for the stock.
8
Financial Health
What is the current state of the company's financial situation?

We measure the health of a company based on how profitable they are and their ability to cover both their short-term and long-term debts. The key indicators that we use are the Operating Margin, Quick Ratio, and Debt-to-Equity ratio relative to the companies peers

Operational Margin 0.1757

The operating margin measures how much profit a company makes after it spends money on wages, materials or other administrative expenses but before interest and taxes. It is a good representation of how efficiently a company is able to generate profit from its core operations.

Quick Ratio 0.4295

The quick ratio measures how much of a company's debt, that is due in less than 1 year, can be covered using its cash equivalents, marketable securities, and money that is currently owed to them (accounts receivables).

A company with a quick ratio of less than 1.00 does not, in many cases, have the capital on hand to meet its short-term obligations if they were all due at once, while a quick ratio greater than one indicates the company has the financial resources to remain solvent in the short term.

Debt-to-Equity -9.9237

Debt-to-equity is calculated by dividing a company's total liabilities by its shareholders equity. It is a measure of the degree to which a company is financing its operations through debt versus wholly owned funds. Generally speaking, a D/E ratio below 1.0 would be seen as relatively safe, whereas ratios of 2.0 or higher would be considered risky.

The chart above shows Marriott International (MAR) operating margin, quick ratio, and debt-to-equity ratio compared to its peers. The black markers represent the peer averages for each ratio and the blue bars represent Marriott International (MAR) ratio values.
9
Dividend
There are few things we like to see when evaluating the quality of a company's dividend history and future

Ideally, we would like to see a company have a long history of consistently high dividend payouts that have grown at a consistent rate. From here we want to be confident that this sort of dividend growth and consistency will persist into the future.

The chart below shows the historical trend in Marriott International (MAR) dividend yield on an annual basis.

12.87%
Marriott International (MAR) saw a increase in it's dividend yield since 2022
10
Past Performance
How has Marriott International (MAR) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

Marriott International (MAR) sharpe ratio over the past 5 years is 1.7611 which is considered to be above average compared to the peer average of 0.5693

11
Analyzing Marriott International (MAR) Recent Options Activity
Below, you can see the trend in options sentiment over the past 30 days.

Based on our data, MAR's options trades have recently carried more negative sentiment than positive.

12
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is MAR's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Revenue
13.86
20.77
23.71
25.10
25.93
Operating Revenue
3.42
5.36
6.35
6.70
6.96
Cost Of Revenue
11.06
16.21
18.59
20.00
20.57
Gross Profit
2.80
4.56
5.12
5.10
5.35
Operating Expense
1.04
1.08
1.20
1.26
1.21
Selling General And Administration
0.82
0.89
1.01
1.07
1.01
Research and Development
0.00
0.00
0.00
0.00
0.00
Operating Income
1.76
3.47
3.92
3.84
4.14
Net Non-Operating Interest Income Expense
-0.39
-0.38
-0.54
-0.66
-0.74
Other Income Expense
-0.19
0.02
-0.01
-0.04
0.01
Other Non-Operating Income Expenses
0.00
0.01
0.04
0.03
0.02
Pre-Tax Income
1.18
3.11
3.38
3.15
3.41
Tax Provision
0.08
0.76
0.29
0.78
0.80
Net Income
1.10
2.36
3.08
2.38
2.61
Net Income Common Stockholders
1.10
2.36
3.08
2.38
2.61
Total Operating Income As Reported
1.75
3.46
3.86
3.77
4.12
Total Expenses
12.10
17.30
19.79
21.26
21.79
Net Income From Continuing And Discontinued Operation
1.10
2.36
3.08
2.38
2.61
Normalized Income
1.23
2.37
3.13
2.43
2.63
Interest Income
0.03
0.03
0.00
0.04
0.04
Interest Expense
0.42
0.40
0.57
0.69
0.78
Net Interest Income
-0.39
-0.38
-0.54
-0.66
-0.74
EBIT
1.60
3.52
3.94
3.85
4.19
EBITDA
1.90
3.80
4.22
4.34
4.89
Reconciled Cost Of Revenue
10.98
16.13
18.50
19.69
20.07
Reconciled Depreciation
0.30
0.28
0.28
0.49
0.70
Normalized EBITDA
2.07
3.81
4.28
4.42
4.91
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.27
Tax Effect Of Unusual Items
-0.04
0.00
-0.01
-0.02
0.00
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Assets
25.55
24.82
25.67
26.18
27.83
Current Assets
3.63
3.31
3.31
3.48
4.11
Total Non-Current Assets
21.93
21.50
22.36
22.70
23.72
Total Liabilities Net Minority Interest
24.14
24.25
26.36
29.17
30.95
Current Liabilities
6.41
7.34
7.76
8.65
8.80
Other Non-Current Liabilities
5.95
5.12
5.16
5.41
5.55
Total Equity Gross Minority Interest
1.41
0.57
-0.68
-2.99
-3.12
Stockholders Equity
0.00
0.00
0.00
0.00
0.00
Total Capitalization
10.75
9.95
10.64
10.15
11.32
Common Stock Equity
1.41
0.57
-0.68
-2.99
-3.12
Net Tangible Assets
-16.59
-17.05
-18.76
-21.21
-22.21
Working Capital
-2.78
-4.03
-4.45
-5.16
-4.69
Invested Capital
11.55
10.63
11.19
11.46
12.88
Tangible Book Value
-16.59
-17.05
-18.76
-21.21
-22.21
Total Debt
11.24
11.10
12.76
15.24
16.89
Net Debt
8.74
9.56
11.54
14.05
15.32
Share Issued
0.33
0.31
0.29
0.28
0.27
Ordinary Shares Number
0.33
0.31
0.29
0.28
0.27
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
1.18
2.36
3.17
2.75
2.70
Net Income from Continuing Operations
1.10
2.36
3.08
2.38
2.61
Depreciation and Amortization
0.30
0.28
0.28
0.49
0.70
Deferred Tax
-0.28
0.28
-0.61
-0.17
-0.21
Deferred Income Tax
-0.28
0.28
-0.61
-0.17
-0.21
Stock-Based Compensation
0.18
0.19
0.20
0.24
0.23
Other Non-Cash Items
-0.39
-0.21
0.15
-0.10
-0.37
Change in Working Capital
0.11
-0.54
0.07
-0.08
-0.27
Change in Receivables
Changes in Account Receivables
Change in Inventory
Change in Payables and Accrued Expense
Change in Payable
Change in Account Payable
Change in Other Current Assets
Change in Other Current Liabilities
Change in Other Working Capital
Cash Flow from Continuing Investing Activities
-0.19
-0.30
-0.46
-0.73
-1.12
Net PPE Purchase and Sale
0.01
0.02
0.02
Net Business Purchase and Sale
Purchase of Business
Net Investment Purchase and Sale
Purchase of Investment
Sale of Investment
Net Other Investing Changes
-0.02
0.03
0.02
Financing Cash Flow
-0.46
-2.96
-2.86
-1.96
-1.30
Cash Flow from Continuing Financing Activities
-0.46
-2.96
-2.86
-1.96
-1.30
Net Issuance Payments of Debt
-0.23
1.78
2.55
2.33
Net Long-Term Debt Issuance
-0.38
0.18
1.23
2.39
2.48
Long-Term Debt Issuance
1.79
0.98
1.92
2.95
3.44
Long-Term Debt Payments
-2.17
-0.80
-0.68
-0.56
-0.96
Net Short-Term Debt Issuance
0.15
0.55
0.16
-0.15
Net Common Stock Issuance
-2.57
-3.92
-3.69
-2.79
Common Stock Issuance
0.07
0.09
Common Stock Payments
-3.95
-3.76
-2.89
Cash Dividends Paid
-0.59
-0.68
-0.71
Net Other Financing Charges
-0.23
-0.07
-0.13
-0.14
-0.12
End Cash Position
3.54
3.23
2.26
1.66
2.36
Changes in Cash
0.53
-0.90
-0.16
0.06
0.28
Beginning Cash Position
3.01
4.12
2.42
1.60
2.08
Capital Expenditure
-0.18
-0.33
-0.45
-0.75
-0.77
Issuance of Capital Stock
0.07
0.09
Issuance of Debt
1.79
0.98
1.92
2.95
3.44
Repayment of Debt
-2.17
-0.80
-0.68
-0.56
-0.96
Repurchase of Capital Stock
-3.95
-3.76
-2.89
Free Cash Flow
0.99
2.03
2.72
2.00
1.93