Revenue segments as reported by the company.

Net Fee Revenues

Owned, leased, and other revenue

Cost reimbursement revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Owned, leased, and other - direct

Depreciation, amortization, and other

General, administrative, and other

Restructuring and merger-related charges

Reimbursed expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Marriott

Starwood is a subsidiary of Marriott International. It was one of the world's largest hotel companies that owns, operates, franchises and manages hotels, resorts, spas, residences, and vacation ownership properties under its 11 owned brands. As of 1 December 2014, Starwood Hotels and Resorts owned, managed, or franchised over 1,200 properties employing over 180,400 people, of whom approximately 26% were employed in the United States.

Starwood

Ritz-Carlton is an American company that operates the luxury hotel chain known as The Ritz-Carlton. The company has 91 luxury hotels and resorts in 30 countries and territories. The brand was subsequently expanded to other locations. The company is today a subsidiary of Marriott International.

Ritz-Carlton

Marriott International, Inc. engages in the operation and franchise of hotel, residential, and timeshare properties. It operates through the following geography segments: United States and Canada, Europe, Middle East, and Africa, Asia Pacific, and Greater China. Its brands include Marriott Bonvoy, The Ritz-Carlton, Edition, W Hotels Worldwide, The Luxury Collection, and Stregis Hotels and Resorts etc. The company was founded by John Willard Marriott and Alice Sheets Marriott in 1927 and is headquartered in Bethesda, MD.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Marriott reports robust Q4 performance and outlines growth opportunities

Marriott's Q4 2022 showcased strong financial performance, driven by robust leisure and group business demand. The company's strategic focus on ESG initiatives, capital deployment, and technology investments positions it well for future growth. Challenges such as construction impacts and wage pressures require careful management.

Marriott reports stellar Q1 performance, eyes global growth opportunities

Marriott's Q1 2023 earnings call showcased impressive performance with significant RevPAR growth, record fee revenues, and strong loyalty program metrics.
While facing challenges in the financing environment and varying recovery paces, the company is well-positioned to leverage opportunities in key markets and enhance shareholder value.
By focusing on transparency, loyalty program growth, and strategic capital return plans, Marriott demonstrates resilience and adaptability in navigating the evolving hospitality landscape.
The company's emphasis on maintaining financial strength, monitoring distribution channels, and capitalizing on recovery trends positions it for continued success and growth in the future.

Marriott posts record Q2 earnings, eyes international growth opportunities

Marriott's Q2 earnings call showcases strong performance, record revenues, and optimistic outlook for the future. The company's strategic initiatives, including loyalty program growth and new partnerships, position it well for continued success. Challenges in financing and competition require attention, but opportunities in affordable mid-scale offerings and international markets present avenues for growth.

Marriott reports robust Q3 results, eyes experiential travel opportunities

Marriott's Q3 performance reflects strong RevPAR growth and loyalty program success.
While facing challenges in corporate travel recovery and luxury tier rate trends, opportunities lie in experiential travel demand and new consumer segments.
The company's focus on partnerships and digital experiences positions it well for future growth.
Overall, Marriott's commitment to shareholder returns and capital strength underpins its positive outlook.

Marriott reports robust Q4 performance, eyes Asia Pacific growth

Marriott's Q4 2023 showcased strong performance, particularly in RevPAR and group revenues. The company anticipates net rooms growth and global RevPAR rise in 2024, with a focus on capital returns to shareholders. Challenges include financing issues and moderation in select service segment growth.

Marriott posts strong Q1 results, eyes international expansion opportunities

Marriott's Q1 2024 showcased robust financial performance, marked by global RevPAR growth, strong international presence, and increased membership in Marriott Bonvoy.
While facing challenges like fluctuations in business travel and residential branding fees, Marriott is leveraging opportunities in new brand launches and international market expansion.
With a focus on digital transformation and sustainable growth strategies, Marriott remains well-positioned for continued success and revenue generation in the hospitality industry.

Marriott reports robust Q2 performance with global growth and challenges

Marriott's Q2 2024 performance reflects strong global RevPAR growth and revenue increase, driven by international markets.
While facing challenges in Greater China, Marriott's strengths lie in loyalty program engagement, expansion efforts, and financial outlook.
Opportunities for growth exist in Asia Pacific, loyalty program expansion, and continued investment in room development.
Overall, Marriott's financial resilience and strategic initiatives position the company for continued success and growth.

Marriott reports robust Q3 performance amidst global challenges and opportunities

Marriott International's Q3 2024 performance reflects resilience and growth, driven by strong RevPAR increases in key segments and regions, despite challenges in Greater China.
The company's strategic strengths in customer targeting, loyalty program engagement, and global expansion efforts position it well for future growth and market competitiveness.
While facing challenges in certain markets, Marriott's focus on opportunities like loyalty program expansion, portfolio diversification, and market-specific strategies presents avenues for sustained growth.
Overall, Marriott's performance underscores its ability to navigate market complexities, capitalize on strengths, and adapt to evolving industry dynamics to drive long-term success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

SAN FRANCISCO--(BUSINESS WIRE)--Marriott claims its “destination fees” enhance your stay. The hotel workers union says guests and regulators should decide if that's true.

UNITE HERE Calls on Regulators to Investigate Marriott's Resort Fees

Underscoring the company's global leadership in branded residences and luxury development, Marriott International announces a strong residential pipeline in the EMEA region. ATHENS, Greece , Nov. 19, 2024 /PRNewswire/ -- Today at the Resort and Residential Forum, Marriott International (NASDAQ: MAR, "Marriott") announces its accelerated growth in its branded residential portfolio in the Europe, Middle East & Africa ("EMEA") region, with 70 projects in the portfolio, including 43 projects in its signed pipeline and 27 open properties.

Marriott International Expands Branded Residences Portfolio in Europe, Middle East & Africa Region

ATLANTA & SAN ANTONIO--(BUSINESS WIRE)--Peachtree Group broke ground on a new 171-room studio-suite Residence Inn by Marriott in downtown San Antonio, Texas.

Peachtree Group Breaks Ground on Residence Inn by Marriott in San Antonio, Texas

Marking The Debut Of The Four Points Flex Brand In Asia Pacific, This Opening Underscores The Company's Strategic Growth In The Affordable Midscale Segment TOKYO , Nov. 18, 2024 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) reached a significant milestone in Japan today with the opening of its 100th property in Japan - Four Points Flex by Sheraton Osaka  Umeda. This event also marks the inaugural debut of the Four Points Flex by Sheraton brand in Asia Pacific excluding China alongside global investment firm KKR, underscoring Marriott's continued commitment to the midscale segment.

Marriott International Announces 100th Property in Japan with the Opening of Four Points Flex by Sheraton Osaka Umeda

Booking Hlds

Carnival

Royal Caribbean Cruises

Going places to gather experiences, learn and relax is what people do as income grows and these travel stocks are likely to benefit from that trend.

Why I've Got an Eye On These Travel Stocks

Hyatt Hotels

Hilton Worldwide Holdings

Hotel stocks have been initial beneficiaries of the Trump pump. In the days following the U.S. presidential election, many hotel stocks are seeing high single-digit gains as investors move off the sidelines and start to pick winners.

Top 3 Hotel Stocks to Watch: A Buy, Hold, and Trade Opportunity

ANCHORAGE, Alaska--(BUSINESS WIRE)-- #anchoragealaska--Affinity Hospitality announced the highly anticipated property, The Courtyard by Marriott Midtown Anchorage, is anticipated to open Spring 2026. Following an official groundbreaking this past June, the property will feature an innovative lobby space as well as the brand's latest contemporary room design, offering business and leisure travelers the flexibility and choices to optimize and elevate their travel experience. Funded by its financing partners Northri.

Affinity Hospitality Announced Marriott Courtyard® Midtown Anchorage Expected Completion Spring 2026

Signings include Highly Anticipated New Hotels in the United States (NYC, Nashville, and San Diego), Mexico, Switzerland, Italy, Turkey, Singapore and Bali BERLIN , Nov. 12, 2024 /PRNewswire/ -- Design Hotels, the community-driven portfolio of nearly 300 independent hotels, announced 29 signed agreements and 10 percent growth of its global portfolio within the last 12 months. From the under-the-radar Black Sea coast of Batumi, Georgia, to the bustling, residential neighborhood of Tribeca, New York, each of the new and upcoming Design Hotels properties embodies the values of the brand and the singular vision of the property owner.

Design Hotels Accelerates Global Portfolio Growth with Milestone Signings

BETHESDA, Md. , Nov. 7, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced that its board of directors declared a quarterly cash dividend of 63 cents per share of common stock.

MARRIOTT INTERNATIONAL DECLARES QUARTERLY CASH DIVIDEND

RENO-SPARKS, Nev. & FRISCO, Texas--(BUSINESS WIRE)--Frisco, Texas-based Galaxy Hotels Group debuts new Courtyard by Marriott Reno Sparks in northern Nevada, representing Galaxy's sixth hotel in Nevada.

Galaxy Hotels Group Debuts New Courtyard by Marriott Reno Sparks in Northern Nevada

ST. MICHAEL, Barbados, Nov. 05, 2024 (GLOBE NEWSWIRE) -- During the 2024 World Travel Market (WTM) in London, Blue Diamond Resorts is thrilled to announce that the eagerly awaited Royalton CHIC Barbados will join Marriott International's distinguished Autograph Collection upon its opening as an adults-only retreat in Spring 2026. This exciting development follows the recent announcement of its debut and marks a significant step in delivering elevated, exclusive experiences to the Caribbean.

Newly Announced Royalton Chic Barbados to Join Marriott's Autograph Collection Portfolio

Marriott International MAR reported worse-than-expected third-quarter financial results and issued FY24 adjusted EPS guidance below estimates on Monday.

Marriott Analysts Boost Their Forecasts After Q3 Earnings

Newly Announced Royalton CHIC Barbados to Join Marriott's Autograph Collection Portfolio

Celebrate in style with an unparalleled evening of dining, dancing and music in Naples' premiere luxury setting. NAPLES, Fla.

THE RITZ-CARLTON, NAPLES DEBUTS "NYE BLACK-TIE GALA" WITH ACCLAIMED JAZZ SENSATION STELLA COLE

Marriott International, Inc. (NASDAQ:MAR ) Q3 2024 Earnings Conference Call November 4, 2024 8:30 AM ET Company Participants Jackie McConagha - SVP, IR Anthony Capuano - President & CEO Leeny Oberg - CFO & EVP, Development Conference Call Participants Stephen Grambling - Morgan Stanley Shaun Kelley - Bank of America Patrick Scholes - Truist Securities Richard Clarke - Bernstein Robin Farley - UBS Joe Greff - JPMorgan Brandt Montour - Barclays David Katz - Jefferies Dan Politzer - Wells Fargo Michael Bellisario - Baird Duane Pfennigwerth - Evercore ISI Smedes Rose - Citi Lizzie Dove - Goldman Sachs Chad Beynon - Macquarie Conor Cunningham - Melius Research Operator Good day, and welcome to today's Marriott International Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Marriott International, Inc. (MAR) Q3 2024 Earnings Call Transcript

Marriott International MAR shares dropped Monday following third-quarter earnings that missed expectations. Despite a decline, the stock appears to have found support at a key price level, reflecting “market memory.

Stock Of The Day: Can 'Market Memory' Support Marriott After Earnings Miss?

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 200 points on Monday.

Dow Falls Over 200 Points; Marriott Posts Downbeat Earnings

MAR's third-quarter top line reflects strong contributions from Base management and Franchise fees.

Marriott's Q3 Earnings & Revenues Miss Estimates, '24 View Cut

Marriott International Inc (NYSE:MAR) shares were trading lower on Monday after it reported third-quarter earnings that missed analyst estimates. The hotel giant lowered its annual profit forecast, citing weak domestic travel in China that overshadowed strong international and group demand, causing shares to drop around 2.4% in early trading.

Marriott shares slip after Q3 earnings miss, guidance lowered

Although the revenue and EPS for Marriott (MAR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Marriott (MAR) Q3 Earnings

Marriott International (MAR) came out with quarterly earnings of $2.26 per share, missing the Zacks Consensus Estimate of $2.31 per share. This compares to earnings of $2.11 per share a year ago.

Marriott International (MAR) Misses Q3 Earnings and Revenue Estimates

Third quarter 2024 comparable systemwide constant dollar RevPAR increased 3.0 percent worldwide, 2.1 percent in the U.S. & Canada, and 5.4 percent in international markets, compared to the 2023 third quarter; Third quarter reported diluted EPS totaled $2.07, compared to reported diluted EPS of $2.51 in the year-ago quarter. Third quarter adjusted diluted EPS totaled $2.26, compared to third quarter 2023 adjusted diluted EPS of $2.11; Third quarter reported net income totaled $584 million, compared to reported net income of $752 million in the year-ago quarter.

Marriott International Reports Third Quarter 2024 Results

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Super Micro Computer

U.S. Election Day, a Federal Reserve meeting, and earnings reports from around 100 S&P 500 companies.

Super Micro, Ferrari, Marriott, Airbnb, Novo Nordisk, and More Stocks to Watch This Week

Marriott International, DraftKings, Choice Hotels International and Airbnb are included in this Analyst Blog.

The Zacks Analyst Blog Marriott International, DraftKings, Choice Hotels International and Airbnb

MAR's third-quarter 2024 results are likely to reflect increased global travel demand, particularly in international markets, leading to RevPAR growth.

News for Marriott Stock (MAR)