Financials in USD. Standardized financial statements.
A compact view of how Marriott International, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $26.19B | $25.10B | $23.71B | $20.77B | $13.86B | $10.57B | $20.97B | $20.76B | $20.45B | $15.41B |
| Revenue Growth? | +4.3% | +5.8% | +14.2% | +49.9% | +31.1% | -49.6% | +1.0% | +1.5% | +32.7% | 0.0% |
| Cost of Revenue? | $20.60B | $20.00B | $18.59B | $16.21B | $11.06B | $9.11B | $17.75B | $17.08B | $16.64B | $12.73B |
| Gross Profit? | $5.59B | $5.10B | $5.12B | $4.56B | $2.80B | $1.46B | $3.22B | $3.67B | $3.81B | $2.67B |
| Gross Margin? | +21.3% | +20.3% | +21.6% | +21.9% | +20.2% | +13.8% | +15.3% | +17.7% | +18.6% | +17.3% |
| Operating Expenses? | $1.45B | $1.33B | $1.26B | $1.10B | $1.05B | $1.38B | $1.42B | $1.31B | $1.31B | $1.25B |
| Operating Income? | $4.14B | $3.77B | $3.86B | $3.46B | $1.75B | $84.00M | $1.80B | $2.37B | $2.50B | $1.42B |
| EBITDA? | $4.49B | $4.34B | $4.38B | $3.92B | $1.90B | $457.00M | $2.40B | $2.97B | $3.55B | $1.63B |
| Income Before Tax | $3.39B | $3.15B | $3.38B | $3.11B | $1.18B | -$466.00M | $1.60B | $2.35B | $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 |
| Net Income? | $2.60B | $2.38B | $3.08B | $2.36B | $1.10B | -$267.00M | $1.27B | $1.91B | $1.46B | $808.00M |
| EPS? | $9.52 | $8.36 | $10.23 | $7.27 | $3.36 | $-0.82 | $3.83 | $5.16 | $3.89 | $2.78 |
| Diluted EPS? | $9.49 | $8.33 | $10.18 | $7.24 | $3.34 | $-0.82 | $3.79 | $5.10 | $3.84 | $2.73 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality