Marriott International
Market Cap
US$43.3b
Last Updated
2019/11/12 23:39 UTC
Data Sources
Company Financials +
Executive Summary
Marriott International, Inc. operates, franchises, and licenses hotel, residential, and timeshare properties worldwide.
Snowflake
Fundamentals
Average dividend payer with moderate growth potential.
Similar Companies
Share Price & News
How has Marriott International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MAR has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.9%
MAR
-0.3%
US Hospitality
0.5%
US Market
1 Year Return
13.7%
MAR
10.1%
US Hospitality
12.8%
US Market
Return vs Industry: MAR exceeded the US Hospitality industry which returned 10.1% over the past year.
Return vs Market: MAR exceeded the US Market which returned 12.8% over the past year.
Shareholder returns
| MAR | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | -0.3% | 0.5% |
| 30 Day | 9.4% | 3.5% | 4.3% |
| 90 Day | 4.5% | 6.4% | 8.0% |
| 1 Year | 15.3%13.7% | 12.9%10.1% | 15.3%12.8% |
| 3 Year | 77.4%70.5% | 35.7%26.2% | 48.3%38.7% |
| 5 Year | 83.6%72.3% | 35.8%21.0% | 62.6%44.5% |
Price Volatility Vs. Market
How volatile is Marriott International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Marriott International, Inc. (NASDAQ:MAR) Is Employing Capital Very Effectively1 week ago | Simply Wall St
Marriott International (NASDAQ:MAR) Shareholders Booked A 83% Gain In The Last Three Years3 weeks ago | Simply Wall St
What Kind Of Shareholder Owns Most Marriott International, Inc. (NASDAQ:MAR) Stock?Valuation
Is Marriott International undervalued compared to its fair value and its price relative to the market?
34x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MAR ($132.53) is trading above our estimate of fair value ($123.35)
Significantly Below Fair Value: MAR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MAR is poor value based on its PE Ratio (34x) compared to the Hospitality industry average (21.9x).
PE vs Market: MAR is poor value based on its PE Ratio (34x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: MAR is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: MAR is overvalued based on its PB Ratio (51.7x) compared to the US Hospitality industry average (2.3x).
Next Steps
Future Growth
How is Marriott International forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?
13.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAR's forecast earnings growth (13.2% per year) is above the savings rate (2.7%).
Earnings vs Market: MAR's earnings (13.2% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: MAR's earnings are forecast to grow, but not significantly.
Revenue vs Market: MAR's revenue (7.9% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: MAR's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MAR's Return on Equity is forecast to be very high in 3 years time (241.1%).
Next Steps
Past Performance
How has Marriott International performed over the past 5 years?
19.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAR has high quality earnings.
Growing Profit Margin: MAR's current net profit margins (24.8%) are lower than last year (32.8%).
Past Earnings Growth Analysis
Earnings Trend: MAR's earnings have grown by 19.4% per year over the past 5 years.
Accelerating Growth: MAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAR had negative earnings growth (-23.1%) over the past year, making it difficult to compare to the Hospitality industry average (-15%).
Return on Equity
High ROE: Whilst MAR's Return on Equity (156.44%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Marriott International's financial position?
Financial Position Analysis
Short Term Liabilities: MAR's short term assets ($2.9B) do not cover its short term liabilities ($5.7B)
Long Term Liabilities: MAR's short term assets (2.9B) do not cover its long term liabilities (18.2B)
Debt to Equity History and Analysis
Debt Level: MAR's debt to equity ratio (1267.3%) is considered high
Reducing Debt: MAR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MAR's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: MAR's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
Inventory Level: MAR has a low level of unsold assets or inventory.
Debt Coverage by Assets: MAR's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is Marriott International's current dividend yield, its reliability and sustainability?
1.45%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Marriott International before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MAR's dividend (1.45%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: MAR's dividend (1.45%) is low compared to the top 25% of dividend payers in the US market (3.67%).
Stability and Growth of Payments
Stable Dividend: MAR's dividend payments have been volatile in the past 10 years.
Growing Dividend: MAR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.7%), MAR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MAR's dividends in 3 years are forecast to be well covered by earnings (28.3% payout ratio).
Next Steps
Management
What is the CEO of Marriott International's salary, the management and board of directors tenure and is there insider trading?
7.7yrs
Average management tenure
CEO
Arne Sorenson (60yo)
7.7yrs
Tenure
US$12,933,992
Compensation
Mr. Arne M. Sorenson has been the Chief Executive Officer of Marriott International, Inc. since March 31, 2012 and its President since May 1, 2009 with responsibility for the performance and growth of all ...
CEO Compensation Analysis
Compensation vs Market: Arne's total compensation ($USD12.93M) is about average for companies of similar size in the US market ($USD11.04M).
Compensation vs Earnings: Arne's compensation has been consistent with company performance over the past year.
Management Age and Tenure
7.7yrs
Average Tenure
58yo
Average Age
Experienced Management: MAR's management team is seasoned and experienced (7.7 years average tenure).
Board Age and Tenure
11.5yrs
Average Tenure
64yo
Average Age
Experienced Board: MAR's board of directors are seasoned and experienced ( 11.5 years average tenure).
Insider Trading
Insider Buying: MAR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,866 |
| Max Price | US$133.61 |
| Entity | Individual |
| Shares | 22,750 |
| Max Price | US$137.00 |
| Entity | Individual |
| Shares | 7,964 |
| Max Price | US$139.78 |
| Entity | Individual |
| Shares | 6,642 |
| Max Price | US$136.92 |
| Entity | Individual |
| Role | Unit President Group President |
| Shares | 13,686 |
| Max Price | US$136.85 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,428 |
| Max Price | US$125.20 |
| Entity | Individual |
| Shares | 11,000 |
| Max Price | US$128.79 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | US$130.83 |
| Entity | Individual |
| Role | Head of Corporate Development Executive VP & Global Chief Development Officer |
| Shares | 44,594 |
| Max Price | US$125.13 |
| Entity | Individual |
| Shares | 11,640 |
| Max Price | US$121.53 |
| Entity | Individual |
| Shares | 16,743 |
| Max Price | US$120.35 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman of the Board |
| Shares | 27 |
| Max Price | US$124.42 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Arne Sorenson (60yo)
President
- Tenure: 7.7yrs
- Compensation: US$12.93m
Bill Marriott (87yo)
Executive Chairman of the Board
- Tenure: 34.8yrs
- Compensation: US$3.39m
Dave Grissen (62yo)
Group President
- Tenure: 5.8yrs
- Compensation: US$4.82m
Laura Paugh
Senior Vice President of Investor Relations
- Tenure: 0yrs
Stephanie Linnartz (50yo)
- Tenure: 11.3yrs
- Compensation: US$4.94m
Tony Capuano (53yo)
Executive VP & Global Chief Development Officer
- Tenure: 10.6yrs
- Compensation: US$5.75m
Bruce Hoffmeister
Global Chief Information Officer
- Tenure: 8.6yrs
Leeny Oberg (58yo)
Executive VP & CFO
- Tenure: 3.8yrs
- Compensation: US$4.71m
Bao Giang Bauduin (43yo)
Controller & Chief Accounting Officer
- Tenure: 5.4yrs
Matt Muserlian
Director Of Operations
- Tenure: 0yrs
Board Members
Arne Sorenson (60yo)
President
- Tenure: 7.7yrs
- Compensation: US$12.93m
Larry Kellner (60yo)
Lead Director
- Tenure: 0yrs
- Compensation: US$280.03k
Steve Reinemund (71yo)
Independent Director
- Tenure: 12.6yrs
- Compensation: US$264.61k
Bill Marriott (87yo)
Executive Chairman of the Board
- Tenure: 34.8yrs
- Compensation: US$3.39m
Debra Lee (64yo)
Independent Director
- Tenure: 15.4yrs
- Compensation: US$264.07k
Mary Bush (71yo)
Independent Director
- Tenure: 11.5yrs
- Compensation: US$260.03k
George Muñoz (67yo)
Independent Director
- Tenure: 17.3yrs
- Compensation: US$285.55k
Arthur Gillis
Non-Executive Chairman of Africa Development
- Tenure: 5.6yrs
Fritz Henderson (60yo)
Independent Director
- Tenure: 6.5yrs
- Compensation: US$270.03k
Debbie Harrison (62yo)
Global Officer of Marriott Culture & Business Councils and Director
- Tenure: 5.4yrs
Company Information
Marriott International, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Marriott International, Inc.
- Ticker: MAR
- Exchange: NasdaqGS
- Founded: 1927
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: US$43.329b
- Shares outstanding: 326.94m
- Website: https://www.marriott.com
Number of Employees
Location
- Marriott International, Inc.
- 10400 Fernwood Road
- Bethesda
- Maryland
- 20817
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MAR | NasdaqGS (Nasdaq Global Select) | Yes | Class A Common Stock | US | USD | Mar 1998 |
| MAQ | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Mar 1998 |
| MAR | WBAG (Wiener Boerse AG) | Yes | Class A Common Stock | AT | EUR | Mar 1998 |
| 0JYW | LSE (London Stock Exchange) | Yes | Class A Common Stock | GB | USD | Mar 1998 |
Biography
Marriott International, Inc. operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through North American Full-Service, North American Limited-Serv ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/12 23:39 |
| End of Day Share Price | 2019/11/12 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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 here.