Marriott International Inc.

MAR ·Consumer Cyclical, Lodging, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $26.19B $25.10B $23.71B $20.77B $13.86B $10.57B $20.97B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense $870.0M $945.0M $867.0M $891.0M $823.0M $762.0M $938.0M
Operating Income $4.14B $3.77B $3.86B $3.46B $1.75B $84.0M $1.80B
Operating Margin 15.8% 15.0% 16.3% 16.7% 12.6% 0.8% 8.6%
Interest Expense $565.0M $403.0M $420.0M $445.0M $394.0M
Pretax Income $3.39B $3.15B $3.38B $3.11B $1.18B $-466.0M $1.60B
Income Tax Expense $793.0M $776.0M $295.0M $756.0M $81.0M $-199.0M $326.0M
Net Income $2.60B $2.38B $3.08B $2.36B $1.10B $-267.0M $1.27B
Net Margin 9.9% 9.5% 13.0% 11.4% 7.9% -2.5% 6.1%
EPS (Basic) $9.53 $8.36 $10.23 $7.27 $3.36 $-0.82 $3.83
EPS (Diluted) $9.51 $8.33 $10.18 $7.24 $3.34 $-0.82 $3.80
Shares Outstanding (Basic) 265.0M 272.9M 284.2M 301.5M 324.4M 327.2M 325.8M 332.7M
Shares Outstanding (Diluted) 265.0M 273.6M 285.2M 302.9M 325.8M 329.3M 325.8M 335.5M
Dividends Per Share $2.64 $2.41 $1.96 $1.00 $0.48 $1.85
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