Marriott International
Market Cap
US$42.5b
Last Updated
2020/11/25 00:19 UTC
Data Sources
Company Financials +
Executive Summary
Marriott International, Inc. operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Exceptional growth potential with questionable track record.
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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: MAR's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
6.6%
MAR
5.2%
US Hospitality
1.8%
US Market
1 Year Return
-6.5%
MAR
-8.4%
US Hospitality
20.4%
US Market
Return vs Industry: MAR exceeded the US Hospitality industry which returned -11.4% over the past year.
Return vs Market: MAR underperformed the US Market which returned 19% over the past year.
Shareholder returns
| MAR | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.6% | 5.2% | 1.8% |
| 30 Day | 28.6% | 14.7% | 6.0% |
| 90 Day | 34.4% | 21.4% | 6.8% |
| 1 Year | -6.2%-6.5% | -7.1%-8.4% | 23.2%20.4% |
| 3 Year | 6.3%3.2% | -2.2%-8.5% | 47.4%37.6% |
| 5 Year | 92.2%81.2% | 38.1%24.4% | 91.9%70.8% |
Long-Term 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
9 months ago | Simply Wall St
There's A Lot To Like About Marriott International, Inc.'s (NASDAQ:MAR) Upcoming US$0.48 Dividend9 months ago | Simply Wall St
Is Now An Opportune Moment To Examine Marriott International, Inc. (NASDAQ:MAR)?9 months ago | Simply Wall St
Is Marriott International (NASDAQ:MAR) A Risky Investment?Valuation
Is Marriott International undervalued compared to its fair value and its price relative to the market?
242.61x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MAR ($130.91) is trading above our estimate of fair value ($102.64)
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 (242.6x) compared to the US Hospitality industry average (37.1x).
PE vs Market: MAR is poor value based on its PE Ratio (242.6x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: MAR is poor value based on its PEG Ratio (4.1x)
Price to Book Ratio
PB vs Industry: MAR is overvalued based on its PB Ratio (185.4x) compared to the US Hospitality industry average (2.6x).
Next Steps
Future Growth
How is Marriott International forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
59.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MAR's forecast earnings growth (59.4% per year) is above the savings rate (2.2%).
Earnings vs Market: MAR's earnings (59.4% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MAR's revenue (25.2% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: MAR's revenue (25.2% per year) is forecast to grow faster 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 (165.7%).
Next Steps
Past Performance
How has Marriott International performed over the past 5 years?
2.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MAR has high quality earnings.
Growing Profit Margin: MAR's current net profit margins (5.9%) are lower than last year (24.7%).
Past Earnings Growth Analysis
Earnings Trend: MAR's earnings have grown by 2.6% 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 (-86.6%) over the past year, making it difficult to compare to the Hospitality industry average (-53.8%).
Return on Equity
High ROE: Whilst MAR's Return on Equity (76.86%) is outstanding, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Marriott International's financial position?
Financial Position Analysis
Short Term Liabilities: MAR's short term assets ($3.5B) do not cover its short term liabilities ($6.0B).
Long Term Liabilities: MAR's short term assets ($3.5B) do not cover its long term liabilities ($18.9B).
Debt to Equity History and Analysis
Debt Level: MAR's debt to equity ratio (4734.5%) 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 (19.5%).
Interest Coverage: MAR's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Marriott International current dividend yield, its reliability and sustainability?
0.44%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MAR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MAR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MAR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Arne Sorenson (61 yo)
8.67yrs
Tenure
US$13,435,887
Compensation
Mr. Arne M. Sorenson has been the Chief Executive Officer of Marriott International, Inc. since March 31, 2012 and its President since May 1, 2009 with responsibility for the performance and growth of all ...
CEO Compensation Analysis
Compensation vs Market: Arne's total compensation ($USD13.44M) is about average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Arne's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.67yrs | US$13.44m | 0.22% $ 92.7m | |
| Executive VP & CFO | 4.83yrs | US$4.59m | 0.014% $ 5.8m | |
| Group President of the Americas | no data | US$4.90m | 0.020% $ 8.6m | |
| Group President of Consumer Operations | 12.33yrs | US$4.87m | 0.029% $ 12.2m | |
| Group President of Global Development | 0.83yr | US$5.88m | 0.013% $ 5.3m | |
| Executive Chairman of the Board | 35.83yrs | US$3.39m | 2.88% $ 1.2b | |
| Director Of Operations | no data | no data | no data | |
| Controller | 0.25yr | no data | no data | |
| Senior VP of Investor Relations | no data | no data | no data | |
| Executive VP & General Counsel | 2.92yrs | no data | 0.0037% $ 1.6m | |
| Executive VP and Global Chief Communications & Public Affairs Officer | 5.17yrs | no data | no data | |
| Executive VP & Global Chief Human Resources Officer | 14.25yrs | no data | 0.021% $ 9.0m |
5.0yrs
Average Tenure
60yo
Average Age
Experienced Management: MAR's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.67yrs | US$13.44m | 0.22% $ 92.7m | |
| Executive Chairman of the Board | 35.83yrs | US$3.39m | 2.88% $ 1.2b | |
| Independent Lead Director | no data | US$303.39k | 0.00062% $ 263.2k | |
| Independent Director | 4.17yrs | US$250.05k | 0.0073% $ 3.1m | |
| Independent Director | 4.17yrs | US$267.81k | 0.0028% $ 1.2m | |
| Independent Director | 16.42yrs | US$282.96k | 0.00020% $ 84.9k | |
| Independent Director | 5.5yrs | US$253.39k | 0.0017% $ 726.0k | |
| Independent Director | 18.25yrs | US$283.78k | 0.00024% $ 101.9k | |
| Non-Executive Chairman of Africa Development | 6.58yrs | no data | no data | |
| Independent Director | 7.5yrs | US$276.72k | 0.00051% $ 216.5k | |
| Independent Director | 1.67yrs | US$256.29k | 0.00062% $ 263.2k | |
| Director | 6.42yrs | US$221.72k | 0.28% $ 117.9m |
6.6yrs
Average Tenure
65yo
Average Age
Experienced Board: MAR's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MAR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$42.458b
- Shares outstanding: 324.33m
- 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 |
| MAQ | ETLX (Eurotlx) | Yes | Class A Common Stock | IT | EUR | Mar 1998 |
| M1TT34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 4 REPR 1 COM | BR | BRL | Jan 2020 |
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 | 2020/11/25 00:19 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.