Marriott International, Inc. (MAR) AI Stock Analysis
MAR AI stock analysis summary
AI ResearchMarriott International, Inc. (MAR) is a global lodging operator and franchisor with a market cap of $101.19B. In FY2025, the company delivered revenue of $26.19B and net income of $2.60B. It produced $2.61B in free cash flow during FY2025 while holding net debt of $17.31B as of June 30, 2026.
- Market cap
- $101.19B
- Revenue (TTM)
- $7.38B
- P/E
- 40.1x fwd 26.5x
- 1Y return
- 51.1% S&P 500 16.8%
- Avg. target
- $383.54 -1.2% vs last close
Bull case
- Annual free cash flow reached $2.61B in FY2025, supporting $3.30B in share buybacks.
- Trailing twelve months operating margin is 65.3%, well above the 13.6% median of its Nasdaq-100 Consumer Cyclical peers.
- The 1-year stock return of 51.1% significantly outperformed the S&P 500 return of 16.8%.
Bear case
- The balance sheet carries net debt of $17.31B and negative shareholders' equity of -$4.53B as of June 30, 2026.
- The trailing P/E of 40.1x trades at a premium to the peer median of 34.1x.
- Consensus mean price target of $383.54 is 1.2% below the last close of $388.05.
What Marriott does
Marriott International, Inc. operates, franchises, and licenses a global portfolio of hotel, residential, and timeshare properties. Founded in 1927 and based in Bethesda, Maryland, the company conducts business through its U.S. and Canada, and International segments. Its brand collection spans luxury to mid-scale offerings, including JW Marriott, The Ritz-Carlton, W Hotels, St. Regis, Marriott Hotels, Sheraton, Westin, Renaissance, Le Meridien, and Courtyard. As of February 15, 2022, Marriott featured approximately 7,989 properties across 30 hotel brands in 139 countries and territories.
Growth and profitability
Marriott grew revenue from $13.86B in FY2021 to $26.19B in FY2025, recording a 5-year revenue CAGR of 19.9% from FY2020 to FY2025. Annual net income reached $2.60B in FY2025, up from $2.38B in FY2024, with net margin improving from 9.5% to 9.9%. Over the trailing twelve months, revenue was $7.38B with an operating margin of 65.3% and a profit margin of 35.0%. In the latest quarter ended June 30, 2026, quarterly revenue growth rose 11.1% year-over-year, while quarterly earnings grew 4.3%.
Balance sheet and cash flow
As of June 30, 2026, Marriott held $462.0M in cash and short-term investments alongside total debt of $17.77B, resulting in net debt of $17.31B. Shareholders' equity stood at -$4.53B, and the current ratio was 0.53 against total assets of $28.09B. In FY2025, the company generated $3.21B in operating cash flow and directed $604.0M to capital expenditures. Capital returns in FY2025 included $3.30B spent on share buybacks and $718.0M paid in dividends, helping reduce its 5-year share count by 18.3%.
Valuation and performance
Marriott trades at a trailing P/E of 40.1x, higher than the 34.1x median of its Nasdaq-100 Consumer Cyclical peers. Its forward P/E of 26.5x is in line with the peer median of 26.4x, while its EV/EBITDA of 19.7x sits below the peer median of 21.3x. Price to sales is 13.7x compared to the peer median of 3.7x. Over the past year, MAR gained 51.1%, outpacing the S&P 500 (SPY) return of 16.8%, and its 5-year return of 152.9% topped the S&P 500 return of 83.0%.
MAR dividend
Marriott pays a quarterly dividend with a forward annual payout of $2.92 per share, yielding 0.75%. The dividend payout ratio stands at 25.6%. Dividends have been paid for 5 consecutive years, with an annualized 5-year dividend growth rate of 40.6%. The company's most recent ex-dividend date was August 20, 2026.
What analysts expect
Wall Street coverage includes 13 Strong Buy, 1 Buy, 13 Hold, 1 Sell, and 1 Strong Sell ratings. The mean price target is $383.54, which sits 1.2% below the last close of $388.05. For the current fiscal year ending December 31, 2026, consensus estimates project EPS of $11.73 on revenue of $27.78B. Next fiscal year estimates project EPS of $13.15 and revenue of $29.47B across 29 analysts. The company beat EPS estimates in 3 of the last 4 quarters, with its next earnings date set for November 2, 2026.
Key risks and what to watch
- The current ratio of 0.53 indicates short-term obligations exceed current assets.
- Total debt of $17.77B stands against a cash balance of $462.0M as of June 30, 2026.
- A stock beta of 1.17 indicates higher volatility than the broader equity market.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this MAR AI stock analysis
This page is an AI-written research summary of Marriott International, Inc. (MAR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: MAR income statement, MAR balance sheet, MAR key metrics, MAR analyst forecast, MAR chart. See the MAR stock overview for the latest quote and news.
MAR AI stock analysis FAQ
What is Marriott's dividend yield and payout?
Marriott pays an annual forward dividend of $2.92 per share, which represents a dividend yield of 0.75% and a payout ratio of 25.6%.
How much debt does Marriott have?
As of June 30, 2026, Marriott reported total debt of $17.77B and cash and short-term investments of $462.0M, resulting in net debt of $17.31B.
When is Marriott's next earnings report?
Marriott's next earnings report is scheduled for November 2, 2026.
What are analysts forecasting for Marriott's current fiscal year?
Analysts project full-year EPS of $11.73, representing 17.1% earnings growth, on revenue of $27.78B for the fiscal year ending December 31, 2026.