Marriott International (MAR) Stock Overview
Engages in the operation, franchising, and licensing of hotel, residential, timeshare, and other lodging properties in the United States, Canada, Europe, the Middle East, Africa, Greater China, the Asia-Pacific, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Last Earnings Call
Q2 2026 · 3 Aug 2026Marriott International reported strong Q2 2026 results, with global RevPAR increasing 3.4% and net rooms growing 4.5% year-over-year. Adjusted EBITDA rose 13% to $1.59 billion, and adjusted diluted EPS climbed 20% to $3.19. Management raised full-year 2026 RevPAR guidance to 3%–3.5% and adjusted diluted EPS growth to 16%–18%, citing broad-based demand strength despite regional weakness in the Middle East.
Analyst Consensus vs. Reported Results Ahead of the August 3, 2026 earnings call, analyst consensus estimates were approximately $6.25 billion for revenue and $3.08 for adjusted EPS. Marriott reported total gross fee revenues of $1.58 billion (on track for full-year guidance) and adjusted EPS of $3.19, marking a beat on EPS.
Market Reaction
Following the earnings release, Marriott stock fell by approximately 2.4% on August 3, 2026. Analysts cited concerns regarding higher-than-expected investment spending and near-term margin pressure from owner-reinvestment initiatives (such as the new ITR incentive) as the primary reasons for the decline.
MAR Community Fair Values
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Analyst Price Targets
Top Community Narratives
Marriott International, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$353.91 |
| 52 Week High | US$410.98 |
| 52 Week Low | US$256.49 |
| Beta | 1.12 |
| 1 Month Change | -4.65% |
| 3 Month Change | 0.21% |
| 1 Year Change | 36.16% |
| 3 Year Change | 69.73% |
| 5 Year Change | 163.37% |
| Change since IPO | 1,887.66% |
Recent News & Updates
Narrative Update • Aug 05
MAR: New Egypt And All Inclusive Deals Will Drive Future Upside
Analysts have trimmed their price target on Marriott International to $425 from $446, reflecting updated views on slightly adjusted revenue growth assumptions, a modestly different discount rate, a lower future P/E, and a small change in projected profit margins. What’s in the News for Marriott International Marriott International reported second quarter revenue below Wall Street estimates, with global RevPAR up 3.4%, RevPAR in the US and Canada up 5%, and RevPAR in international markets down 0.5% due largely to a 43% drop in the Middle East region.Seeking Alpha • Aug 03
Marriott International: Solid Results Factored Into Its Elevated Valuation
Summary Marriott International, Inc. delivered solid Q2 results, with EPS up 20% and franchise fees driving growth despite macro headwinds. MAR’s high-margin, fee-based model and robust room pipeline underpin a visible growth trajectory, though shares trade at a premium ~30.5x multiple. Full-year guidance was raised, but the outlook is now less conservative, with 2024 EPS expected at $11.64–$11.81 and RevPAR growth of 3–3.5%. I maintain a Hold rating, targeting $425 by 2028, and see 8% annualized returns; pullbacks to $330 present attractive entry points. Read the full article on Seeking AlphaRecent updates
Narrative Update • Aug 05
MAR: New Egypt And All Inclusive Deals Will Drive Future Upside
Analysts have trimmed their price target on Marriott International to $425 from $446, reflecting updated views on slightly adjusted revenue growth assumptions, a modestly different discount rate, a lower future P/E, and a small change in projected profit margins. What’s in the News for Marriott International Marriott International reported second quarter revenue below Wall Street estimates, with global RevPAR up 3.4%, RevPAR in the US and Canada up 5%, and RevPAR in international markets down 0.5% due largely to a 43% drop in the Middle East region.Seeking Alpha • Aug 03
Marriott International: Solid Results Factored Into Its Elevated Valuation
Summary Marriott International, Inc. delivered solid Q2 results, with EPS up 20% and franchise fees driving growth despite macro headwinds. MAR’s high-margin, fee-based model and robust room pipeline underpin a visible growth trajectory, though shares trade at a premium ~30.5x multiple. Full-year guidance was raised, but the outlook is now less conservative, with 2024 EPS expected at $11.64–$11.81 and RevPAR growth of 3–3.5%. I maintain a Hold rating, targeting $425 by 2028, and see 8% annualized returns; pullbacks to $330 present attractive entry points. Read the full article on Seeking AlphaNarrative Update • Jun 30
MAR: Expansion Into China And Saudi Arabia Will Drive Future Upside
Analysts have lifted their price target on Marriott International from $370 to $446, citing updated assumptions for revenue growth, profit margins, the discount rate, and future P/E that adjust their view of the stock's valuation profile. What's in the News Marriott International introduced the AI powered Ask Bonvoy tool in beta, using conversational search to help travelers find and book stays across its portfolio of more than 10,000 properties.
Narrative Update • Jun 16
MAR: Future Outlook Will Balance Wellness Expansion With Regional Demand And Capital Returns
Analysts have made a small upward adjustment to Marriott International's price target to $380.83 from $377.67, reflecting updated views on fair value, discount rate, profit margin, and forward P/E assumptions. What's in the News for Marriott International Marriott International entered a joint venture with the Leali family to add the Lefay luxury wellness brand to its global portfolio, creating Marriott's first brand focused exclusively on luxury wellness, with properties to be integrated into Marriott Bonvoy and digital channels by late 2026.Analysis Article • Jun 16
Marriott International (MAR) Stock Could Be 27.6% Overvalued After Lefay Deal And 10,000th Opening
Investor focus on Marriott International (MAR) has sharpened after the company announced a joint venture with luxury wellness brand Lefay and celebrated its 10,000th property opening, the JW Marriott Ranthambore Resort & Spa in India. See our latest analysis for Marriott International. Alongside the Lefay joint venture, the Ask Bonvoy AI search launch and Marriott’s 10,000th property milestone have arrived during a period of strong momentum, with a 30 day share price return of 13.44% and a 1...Narrative Update • Jun 01
MAR: Future Outlook Will Balance Buybacks With Global Expansion And Event Driven Demand
Analysts have slightly adjusted their fair value estimate for Marriott International, lifting the price target from about $377.33 to roughly $377.67 as updated assumptions on discount rate, long term revenue growth, profit margin, and future P/E are incorporated into their models. What's in the News Marriott plans to present its latest company direction at the upcoming Morgan Stanley Travel & Leisure Conference, alongside leadership changes and adjustments following a challenging Q1 2026 earnings report, with April data showing an 8% year over year rise in contract sales and updated full year contract sales guidance (source: Morgan Stanley conference coverage).Narrative Update • May 14
MAR: Future Outlook Will Balance Buybacks With Expanding Luxury Wellness And Legal Risks
Analysts have slightly raised their price target on Marriott International to about $377 from roughly $372, citing updates to their models that reflect a modestly lower discount rate, a somewhat different revenue growth profile, a higher profit margin assumption near 12.2%, and a revised future P/E estimate around 30.4x. What's in the News A class action lawsuit was filed alleging violations of the Americans with Disabilities Act and California state laws related to exposure to fragrance compounds at various Marriott locations, with claims of short term and chronic health effects for customers and employees (Lawsuits & Legal Issues).Narrative Update • Apr 27
MAR: Future Outlook Will Balance Share Repurchases With Expanding Luxury Wellness Platform
Analysts have lifted their price target for Marriott International to $371.88 from $356.92, citing updated assumptions for long term revenue growth, profit margins and future P/E. These factors feed into a refreshed fair value view.Narrative Update • Apr 10
MAR: Future Outlook Will Balance Buybacks With Expanding Luxury Wellness Resort Platform
Analysts have nudged their fair value estimate for Marriott International slightly higher from $356.12 to $356.92, reflecting updated views on revenue growth, profit margins, and forward P/E assumptions. What's in the News Marriott plans a joint venture with the Leali family to bring luxury wellness brand Lefay into its portfolio, with Lefay positioned as the first brand in the group focused exclusively on luxury wellness hospitality, including two existing Italian resorts and a pipeline of three additional properties in Tuscany, Southern Italy, and the Swiss Alps (Key Developments).Narrative Update • Mar 26
MAR: Future Outlook Will Balance Ongoing Buybacks With Expanding Luxury Resort Footprint
Analysts have nudged their fair value estimate for Marriott International slightly higher from $354.84 to $356.12, reflecting updated assumptions around the discount rate, long term profit margin expectations, and a modestly higher future P/E multiple. What's in the News Marriott signed an agreement with Kemmons Wilson Hospitality Partners to bring The Resort at Kapalua Bay, a luxury oceanfront property on Maui's northwest coast, into its luxury portfolio, with Marriott management effective March 14, 2026 (Key Developments).Narrative Update • Mar 12
MAR: Future Outlook Will Balance Buybacks With Expanding Midscale And Resort Footprint
Analysts have nudged their price target for Marriott International higher to $354.84 from $353.76, reflecting updated assumptions around revenue growth, profit margins and future P/E expectations. What's in the News Several banks, including Scotia Capital (USA) Inc., HSBC Securities (USA) Inc., BofA Securities, Inc., U.S. Bancorp Investments, Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, and Truist Securities, Inc., have been added as co lead underwriters for Marriott International, Inc.'s US$594.462m fixed income offering (Key Developments).Narrative Update • Feb 24
MAR: Future Outlook Will Balance Midscale Expansion, Buybacks And Measured Room Growth
Analysts have raised their price target for Marriott International to $353.76 from $321.48, citing updated assumptions around revenue growth, margins and future P/E expectations that together support a higher estimated fair value for the shares. What's in the News Marriott International has appointed multiple firms, including BofA Securities, U.S. Bancorp Investments, Wells Fargo Securities, HSBC Securities, Scotia Capital, J.P. Morgan Securities, and Truist Securities, as co lead underwriters for a $594.462 million fixed income offering, expanding the banking group supporting its debt issuance.
New Narrative • Feb 23
Asset-Light but Valuation-Heavy: A Fundamental Breakdown of Marriott ($MAR)
1. Business Model (How Marriott makes money) Marriott’s actual business is not about owning or building hotels; it acts as a global brand and technology platform that leverages an "Asset-Light" strategy.Analysis Article • Feb 13
Marriott International, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Investors in Marriott International, Inc. ( NASDAQ:MAR ) had a good week, as its shares rose 8.8% to close at US$355...Narrative Update • Feb 10
MAR: Future Outlook Will Balance Midscale Expansion, New Brands And Moderate Room Growth
Analysts now set a higher fair value estimate for Marriott International, lifting it by about US$6 to US$321.48, citing updated assumptions around the discount rate, long term revenue growth, profit margin profile and future P/E expectations. What's in the News Marriott reached 100 signed agreements for City Express by Marriott properties in the U.S. and Canada, with six hotels open in 2025 and four more expected by year end, highlighting ongoing build out of its midscale offering.Narrative Update • Jan 26
MAR: Future Outlook Will Balance Midscale Expansion, Brand Extensions And Moderate Room Growth
Analysts have lifted their implied price outlook for Marriott International from about US$302 to roughly US$316, citing updated assumptions for discount rates, revenue growth, profit margins, and a higher future P/E multiple. What's in the News Marriott has reached 100 signed agreements for City Express by Marriott properties in the U.S. and Canada, with six locations already open in 2025 and four more expected by year end, expanding its midscale presence across leisure and airport adjacent markets such as Kissimmee, Dulles, Amarillo, Sandusky, and Carson City (Key Developments).Narrative Update • Jan 11
MAR: Future Outlook Will Balance Midscale Expansion, Brand Extensions And Moderate Room Growth
Analysts have nudged their fair value estimate for Marriott International up from US$294.48 to US$301.76, citing updated assumptions around revenue growth, profit margins and forward P/E expectations. What's in the News Marriott has reached 100 signed agreements for City Express by Marriott properties across the U.S. and Canada, with six hotels already open in 2025 and four more expected by year end.Narrative Update • Dec 25
MAR: Future Outlook Will Balance New Hotel Expansion And Moderate Room Growth
Analysts have nudged their price target on Marriott International modestly higher, citing a slightly improved fair value estimate of around $294.50 per share. This revision is supported by incremental increases in projected revenue growth and future valuation multiples, which more than offset minor adjustments to discount rate and profit margin assumptions.Narrative Update • Dec 11
MAR: Future Outlook Will Balance New Series Brand Expansion And Steady Buybacks
Analysts have nudged their fair value estimate for Marriott International slightly higher, from approximately $291.92 to $292.12 per share. This reflects modestly increased confidence in the company’s long term earnings power despite a marginally higher discount rate.Narrative Update • Nov 27
MAR: Future Outlook Will Weigh Steady Profits Against New Market Expansion
Analysts have slightly increased their price target for Marriott International from $289.79 to $291.92, citing modest improvements in profit margin and a lower discount rate that supports long-term valuation. What's in the News Marriott launches Series by Marriott in India, adding 26 eco-sensitive hotels under The Fern Hotels & Resorts banner.Narrative Update • Nov 12
MAR: Future Expansion and Stable Profit Outlook Signal Balanced Opportunity Ahead
Analysts have raised their fair value target for Marriott International from $285.29 to $289.79 per share. They cited modest improvements in profit margin outlook and a lower discount rate as key factors behind the adjustment.Narrative Update • Sep 18
APAC And EMEA Expansion Will Shape Future Hospitality Trends
Marriott International's consensus analyst price target saw a slight increase to $285.29, as future P/E and discount rate metrics remained largely stable, supporting a minor upward valuation revision. What's in the News Marriott and Noble Investment Group continue rapid expansion of the StudioRes extended-stay brand, marking their 10th joint groundbreaking and maintaining a pipeline of over 50 projects, with about half under construction.Analysis Article • Sep 09
Is It Time To Consider Buying Marriott International, Inc. (NASDAQ:MAR)?
Marriott International, Inc. ( NASDAQ:MAR ) received a lot of attention from a substantial price movement on the...Seeking Alpha • Mar 25
Holding On To Marriott Hotels As 2025 Recession Risk Paints Mixed Picture
Summary Marriott International gets its prior hotel rating from 2023 reaffirmed again, agreeing with the Seeking Alpha quant system rating but more cautious than analysts. The company is a leader among global hotel companies, with a diversified brand portfolio, and a rooms growth pipeline that could benefit from positive macro demand forecasts. Although having a strong profit margin in its sector, it is lagging in cashflow growth and also is very indebted with a negative equity. Although data and sentiments are mixed, there is increased recession risk in 2025 as per major financial websites, a potential downside for the travel sector. Read the full article on Seeking AlphaShareholder Returns
| MAR | US Hospitality | US Market | |
|---|---|---|---|
| 7D | -5.1% | 2.3% | 4.0% |
| 1Y | 36.2% | 1.1% | 20.7% |
Return vs Industry: MAR exceeded the US Hospitality industry which returned -3.2% over the past year.
Return vs Market: MAR exceeded the US Market which returned 20.5% over the past year.
Price Volatility
| MAR volatility | |
|---|---|
| MAR Average Weekly Movement | 4.0% |
| Hospitality Industry Average Movement | 6.8% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MAR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: MAR's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1927 | 414,000 | Tony Capuano | www.marriott.com |
Marriott International, Inc. engages in the operation, franchising, and licensing of hotel, residential, timeshare, and other lodging properties in the United States, Canada, Europe, the Middle East, Africa, Greater China, the Asia-Pacific, and internationally. The company operates properties under the JW Marriott, The Ritz-Carlton, The Luxury Collection, W Hotels, St. Regis, EDITION, Bvlgari, Marriott Hotels, Sheraton, Westin, Autograph Collection, Renaissance Hotels, Le Méridien, Delta Hotels by Marriott, MGM Collection with Marriott Bonvoy, Tribute Portfolio, Gaylord Hotels, Design Hotels, Marriott Executive Apartments, Apartments by Marriott Bonvoy, Courtyard by Marriott, Fairfield by Marriott, Residence Inn by Marriott, SpringHill Suites by Marriott, Four Points by Sheraton, TownePlace Suites by Marriott, Aloft Hotels, AC Hotels by Marriott, Moxy Hotels, Element Hotels, Protea Hotels by Marriott, citizenM, City Express by Marriott, and Four Points Flex by Sheraton brands. It also operates residences, timeshares, and yachts.
Marriott International, Inc. Fundamentals Summary
| MAR fundamental statistics | |
|---|---|
| Market cap | US$93.79b |
| Earnings (TTM) | US$2.59b |
| Revenue (TTM) | US$7.39b |
35.7x
P/E Ratio12.5x
P/S RatioIs MAR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MAR income statement (TTM) | |
|---|---|
| Revenue | US$7.39b |
| Cost of Revenue | US$1.53b |
| Gross Profit | US$5.85b |
| Other Expenses | US$3.27b |
| Earnings | US$2.59b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 9.92 |
| Gross Margin | 79.24% |
| Net Profit Margin | 35.03% |
| Debt/Equity Ratio | -371.4% |
How did MAR perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield28%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/07 09:57 |
| End of Day Share Price | 2026/08/07 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Marriott International, Inc. is covered by 46 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Michael Bellisario | Baird |
| Felicia Kantor Hendrix | Barclays |