Marriott International Inc (MAR) stock
MARNasdaqHotels & MotelsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 2, 2026Score 9/3095% above fair value
$424.66−4.52 (-1.05%)
Close on Nov 12, 2026Market cap $110.74BP/E 42.4Yield 0.62%
Marriott International operating margin
Operating margin is operating income as a percentage of revenue.
Marriott International's operating margin for the twelve months ending Sep 30, 2026 was 15.8%. For fiscal 2025 it was 15.8%, against 15.0% the year before. The highest annual figure on record is 16.7% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 15.8% | +0.8 |
| FY2024 | Dec 31, 2024 | 15.0% | −1.3 |
| FY2023 | Dec 31, 2023 | 16.3% | −0.4 |
| FY2022 | Dec 31, 2022 | 16.7% | +4.0 |
| FY2021 | Dec 31, 2021 | 12.6% | +11.8 |
| FY2020 | Dec 31, 2020 | 0.8% | −7.8 |
| FY2019 | Dec 31, 2019 | 8.6% | −2.8 |
| FY2018 | Dec 31, 2018 | 11.4% | −0.8 |
| FY2017 | Dec 31, 2017 | 12.2% | +3.0 |
| FY2016 | Dec 31, 2016 | 9.2% | −0.1 |
| FY2015 | Dec 31, 2015 | 9.3% | +0.9 |
| FY2014 | Dec 31, 2014 | 8.4% | +0.7 |
| FY2013 | Dec 31, 2013 | 7.7% | −0.2 |
| FY2012 | Dec 28, 2012 | 8.0% | +3.7 |
| FY2011 | Dec 30, 2011 | 4.3% | −1.7 |
| FY2010 | Dec 31, 2010 | 5.9% | +7.3 |
| FY2009 | Jan 1, 2010 | -1.4% | −7.3 |
| FY2008 | Jan 2, 2009 | 5.9% | −3.2 |
| FY2007 | Dec 28, 2007 | 9.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 18.2% | +0.0 |
| Q2 FY2026 | Jun 30, 2026 | 17.4% | −0.9 |
| Q1 FY2026 | Mar 31, 2026 | 16.0% | +0.9 |
| Q4 FY2025 | Dec 31, 2025 | 11.6% | −0.1 |
| Q3 FY2025 | Sep 30, 2025 | 18.2% | +3.1 |
| Q2 FY2025 | Jun 30, 2025 | 18.3% | −0.2 |
| Q1 FY2025 | Mar 31, 2025 | 15.1% | +0.5 |
| Q4 FY2024 | Dec 31, 2024 | 11.7% | −0.1 |
| Q3 FY2024 | Sep 30, 2024 | 15.1% | −3.4 |
| Q2 FY2024 | Jun 30, 2024 | 18.6% | +0.5 |
| Q1 FY2024 | Mar 31, 2024 | 14.7% | −2.3 |
| Q4 FY2023 | Dec 31, 2023 | 11.8% | −5.0 |
| Q3 FY2023 | Sep 30, 2023 | 18.5% | +0.5 |
| Q2 FY2023 | Jun 30, 2023 | 18.0% | +0.2 |
| Q1 FY2023 | Mar 31, 2023 | 16.9% | +3.6 |
| Q4 FY2022 | Dec 31, 2022 | 16.8% | +2.5 |
| Q3 FY2022 | Sep 30, 2022 | 18.0% | +4.2 |
| Q2 FY2022 | Jun 30, 2022 | 17.8% | +2.4 |
| Q1 FY2022 | Mar 31, 2022 | 13.3% | +9.7 |
| Q4 FY2021 | Dec 31, 2021 | 14.3% | +20.2 |
| Q3 FY2021 | Sep 30, 2021 | 13.8% | +2.6 |
| Q2 FY2021 | Jun 30, 2021 | 15.4% | +26.0 |
| Q1 FY2021 | Mar 31, 2021 | 3.6% | +1.2 |
| Q4 FY2020 | Dec 31, 2020 | -5.9% | −11.0 |
| Q3 FY2020 | Sep 30, 2020 | 11.2% | −0.3 |
| Q2 FY2020 | Jun 30, 2020 | -10.5% | −18.2 |
| Q1 FY2020 | Mar 31, 2020 | 2.4% | −7.7 |
| Q4 FY2019 | Dec 31, 2019 | 5.1% | −2.9 |
| Q3 FY2019 | Sep 30, 2019 | 11.5% | −0.3 |
| Q2 FY2019 | Jun 30, 2019 | 7.7% | −7.4 |
| Q1 FY2019 | Mar 31, 2019 | 10.2% | −0.4 |
| Q4 FY2018 | Dec 31, 2018 | 8.0% | −0.1 |
| Q3 FY2018 | Sep 30, 2018 | 11.8% | −3.8 |
| Q2 FY2018 | Jun 30, 2018 | 15.1% | +0.8 |
| Q1 FY2018 | Mar 31, 2018 | 10.6% | −0.5 |
| Q4 FY2017 | Dec 31, 2017 | 8.1% | −0.0 |
| Q3 FY2017 | Sep 30, 2017 | 15.6% | – |
| Q2 FY2017 | Jun 30, 2017 | 14.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 11.1% | – |
| Q4 FY2016 | Dec 31, 2016 | 8.1% | – |
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