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MAR - Marriott International, Inc.

NASDAQ -> Consumer Cyclical -> Lodging
Bethesda, United States
Type: Equity

MAR price evolution
MAR
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $338 $717 $563 $554
Short term investments
Net receivables $2712 $2703 $2565 $2462
Inventory
Total current assets $3311 $3682 $3444 $3264
Long term investments $446 $470 $451 $460
Property, plant & equipment $2510 $2509 $2525 $2579
Goodwill & intangible assets $18076 $17788 $17845 $17736
Total noncurrent assets $22363 $21585 $21643 $21599
Total investments $446 $470 $451 $460
Total assets $25674 $25267 $25087 $24863
Current liabilities
Accounts payable $738 $696 $670 $722
Deferred revenue $1018 $1007 $1039 $1063
Short long term debt $553 $898 $894 $358
Total current liabilities $7762 $7677 $7520 $6969
Long term debt $12207 $11836 $11402 $11323
Total noncurrent liabilities $18594 $18251 $17791 $17754
Total debt $12760 $12734 $12296 $11681
Total liabilities $26356 $25928 $25311 $24723
Shareholders' equity
Retained earnings $14838 $14142 $13544 $12975
Other shareholder equity -$647 -$849 -$716 -$647
Total shareholder equity -$682 -$661 -$224 $140
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $338 $507 $1393 $877
Short term investments
Net receivables $2712 $2571 $1982 $1768
Inventory
Total current assets $3311 $3313 $3626 $2825
Long term investments $446 $487 $531 $581
Property, plant & equipment $2510 $2572 $2565 $2266
Goodwill & intangible assets $18076 $17619 $17999 $18164
Total noncurrent assets $22363 $21502 $21927 $21876
Total investments $446 $487 $531 $581
Total assets $25674 $24815 $25553 $24701
Current liabilities
Accounts payable $738 $746 $726 $527
Deferred revenue $1018 $1059 $1181 $1542
Short long term debt $553 $684 $805 $1173
Total current liabilities $7762 $7339 $6407 $5752
Long term debt $12207 $9380 $10431 $10026
Total noncurrent liabilities $18594 $16908 $17732 $18519
Total debt $12760 $11098 $11236 $11199
Total liabilities $26356 $24247 $24139 $24271
Shareholders' equity
Retained earnings $14838 $12342 $10305 $9206
Other shareholder equity -$647 -$729 -$342 -$135
Total shareholder equity -$682 $568 $1414 $430
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $6095 $5928 $6075 $5615
Cost of revenue $4988 $4531 $4653 $4417
Gross Profit $1107 $1397 $1422 $1198
Operating activities
Research & development
Selling, general & administrative $330 $239 $240 $202
Total operating expenses $389 $298 $326 $247
Operating income $718 $1099 $1096 $951
Income from continuing operations
EBIT $734 $1135 $1104 $970
Income tax expense -$267 $237 $238 $87
Interest expense $153 $146 $140 $126
Net income
Net income $848 $752 $726 $757
Income (for common shares) $848 $752 $726 $757
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $23713 $20773 $13857 $10571
Cost of revenue $18589 $16215 $11056 $9112
Gross Profit $5124 $4558 $2801 $1459
Operating activities
Research & development
Selling, general & administrative $1011 $891 $823 $762
Total operating expenses $1260 $1096 $1051 $1375
Operating income $3864 $3462 $1750 $84
Income from continuing operations
EBIT $3943 $3517 $1600 -$21
Income tax expense $295 $756 $81 -$199
Interest expense $565 $403 $420 $445
Net income
Net income $3083 $2358 $1099 -$267
Income (for common shares) $3083 $2358 $1099 -$267
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $848 $752 $726 $757
Operating activities
Depreciation $73 $69 $70 $65
Business acquisitions & disposals $11 $61 -$102
Stock-based compensation $58 $54 $56 $37
Total cash flows from operations $751 $881 $651 $887
Investing activities
Capital expenditures -$134 -$124 -$99 -$95
Investments $26 -$58 -$14 $30
Total cash flows from investing -$102 -$120 -$184 -$59
Financing activities
Dividends paid -$152 -$154 -$157 -$124
Sale and purchase of stock -$965 -$913 -$911 -$1135
Net borrowings $94 $497 $617 $572
Total cash flows from financing -$1026 -$597 -$459 -$782
Effect of exchange rate
Change in cash and equivalents -$377 $164 $8 $46
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $3083 $2358 $1099 -$267
Operating activities
Depreciation $277 $282 $295 $478
Business acquisitions & disposals -$30 $1 $12 $260
Stock-based compensation $205 $192 $182 $201
Total cash flows from operations $3170 $2363 $1177 $1639
Investing activities
Capital expenditures -$452 -$332 -$183 -$135
Investments -$16 $3 $27 -$33
Total cash flows from investing -$465 -$297 -$187 $35
Financing activities
Dividends paid -$587 -$321 -$156
Sale and purchase of stock -$3924 -$2566 $2 -$150
Net borrowings $1780 -$3 -$386 -$616
Total cash flows from financing -$2864 -$2962 -$463 -$1033
Effect of exchange rate
Change in cash and equivalents -$159 -$896 $527 $641
Fundamentals
Market cap $73.66B
Enterprise value $86.08B
Shares outstanding 290.50M
Revenue $23.71B
EBITDA $4.22B
EBIT $3.94B
Net Income $3.08B
Revenue Q/Q 2.90%
Revenue Y/Y 14.15%
P/E ratio 23.89
EV/Sales 3.63
EV/EBITDA 20.40
EV/EBIT 21.83
P/S ratio 3.11
P/B ratio -2.10K
Book/Share -0.12
Cash/Share 1.16
EPS $10.61
ROA 12.22%
ROE -864.19%
Debt/Equity -38.65
Net debt/EBITDA 6.17
Current ratio 0.43
Quick ratio 0.43