Marriott International Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.76B | $20.45B | $15.41B | $14.49B | $13.80B | $12.78B | $11.81B | $12.32B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $927.0M | $921.0M | $743.0M | $634.0M | $659.0M | $649.0M | $582.0M | $752.0M |
| Operating Income | $2.37B | $2.50B | $1.42B | $1.35B | $1.16B | $988.0M | $940.0M | $526.0M |
| Operating Margin | 11.4% | 12.2% | 9.2% | 9.3% | 8.4% | 7.7% | 8.0% | 4.3% |
| Interest Expense | $340.0M | $288.0M | $234.0M | $167.0M | $115.0M | $120.0M | $137.0M | $164.0M |
| Pretax Income | $2.35B | $2.98B | $1.24B | $1.26B | $1.09B | $897.0M | $849.0M | $356.0M |
| Income Tax Expense | $438.0M | $1.52B | $431.0M | $396.0M | $335.0M | $271.0M | $278.0M | $158.0M |
| Net Income | $1.91B | $1.46B | $808.0M | $859.0M | $753.0M | $626.0M | $571.0M | $198.0M |
| Net Margin | 9.2% | 7.1% | 5.2% | 5.9% | 5.5% | 4.9% | 4.8% | 1.6% |
| EPS (Basic) | $5.45 | $3.89 | $2.78 | $3.22 | $2.60 | $2.05 | $1.77 | $0.56 |
| EPS (Diluted) | $5.38 | $3.84 | $2.73 | $3.15 | $2.54 | $2.00 | $1.72 | $0.55 |
| Shares Outstanding (Basic) | 350.1M | 375.2M | 290.9M | 267.3M | 289.9M | 305.0M | 322.6M | 350.1M |
| Shares Outstanding (Diluted) | 354.2M | 379.9M | 295.7M | 272.8M | 296.8M | 313.0M | 332.9M | 362.3M |
| Dividends Per Share | $1.56 | $1.29 | — | — | — | — | $0.49 | $0.39 |