Marriott International
Financial Performance
Marriott Revenue & Financials
Revenue
$26.2B (FY2025)
Market Cap
$91.5B
Net Income
$2.6B
Employees
148,000
What is Marriott's revenue?
Marriott had $26.2B in revenue for fiscal year 2025, up 4.3% from 2024. Net income was $2.6B.
- Latest revenue
- $26.2B (FY2025)
- Year-over-year
- +4.3%
- Growth rate (CAGR)
- 6.1% over 9 years
- Peak revenue
- $26.2B (FY2025)
- Years of data
- 10
- Employees
- 148,000
Financial Analysis
Marriott reported FY2025 revenue of $26.186 billion and net income of $2.601 billion, with gross fee revenues of $5.438 billion. Because owners fund the hotels, Marriott's capital needs are modest and most cash goes back to shareholders: over $4.0 billion was returned in 2025. In Q2 2026 revenue was $7.071 billion, net income $766 million and adjusted EBITDA $1.592 billion; management raised 2026 guidance to global RevPAR growth of 3% to 3.5%, adjusted EBITDA of $5.97 to $6.03 billion and more than $4.5 billion of capital returns.
Revenue Trend Analysis
YoY Change
+4.3%
9-Year CAGR
+6.1%
Peak Year
2025
Trend
Consistent Growth
Marriott International has 10 full fiscal year figures on this page, compounding at +6.1% annually over 9 years. The most recent year saw a 4.3% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $26.2B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
Click any row to see year details.
Marriott International balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $3.2B | — | $27.5B | -$3.8B | — | Form 10-K |
| FY2024ended Dec 31, 2024 | $2.7B | $750M | $26.2B | -$3B | $2B | Form 10-K |
| FY2023ended Dec 31, 2023 | $3.2B | $452M | $25.7B | -$682M | $2.7B | Form 10-K |
| FY2022ended Dec 31, 2022 | $2.4B | $332M | $24.8B | $568M | $2B | Form 10-K |
| FY2021ended Dec 31, 2021 | $1.2B | $183M | $25.6B | $1.4B | $994M | Form 10-K |
| FY2020ended Dec 31, 2020 | $1.6B | $135M | $24.7B | $430M | $1.5B | Form 10-K |
| FY2019ended Dec 31, 2019 | $1.7B | $653M | $25.1B | $703M | $1B | Form 10-K |
| FY2018ended Dec 31, 2018 | $2.4B | $556M | $23.7B | $2.2B | $1.8B | Form 10-K |
| FY2017ended Dec 31, 2017 | $2.2B | $240M | $23.8B | $3.6B | $2B | Form 10-K |
| FY2016ended Dec 31, 2016 | $1.6B | $199M | $24.1B | $5.1B | $1.4B | Form 10-K |
Keep researching Marriott
Marriott Revenue and Financial FAQ
What is Marriott International's annual revenue and operating cash flow?
Marriott International reported revenue of $26.2 billion for fiscal year 2025, up from $25.1 billion in fiscal 2024.
What is Marriott's net income and earnings per share?
Marriott reported FY2025 net income of $2.601 billion. In Q2 2026 net income was $766 million, or $2.90 per diluted share, with adjusted diluted EPS of $3.19.
What is RevPAR and how does it measure hotel financial performance?
Revenue Per Available Room (RevPAR) is the premier hotel industry financial metric, calculated by multiplying average daily room rate (ADR) by occupancy rate. RevPAR measures how effectively a hotel generates revenue across its total available room capacity.
How much cash does Marriott return to shareholders?
Marriott returned over $4.0 billion through dividends and buybacks in 2025 and expects more than $4.5 billion in 2026; it returned about $2.6 billion year-to-date through July 29, 2026.
How large is Marriott's development pipeline?
Marriott's pipeline reached a record of nearly 4,200 properties and about 629,000 rooms at June 30, 2026, with 44% of pipeline rooms under construction. It targets net rooms growth of 4.5% to 5% in 2026.
What is Marriott's balance sheet leverage and debt maturity profile?
Marriott maintains an investment-grade credit rating (Baa2 / BBB), targeting an adjusted net debt to adjusted EBITDAR leverage ratio between 2.5x and 3.0x, with staggered long-term debt maturities.
Did Marriott almost go bankrupt during COVID?
The 2020 pandemic was the absolute most catastrophic financial event in Marriott's 95-year history. Because global borders closed and corporate travel instantly ceased, Marriott's revenue plummeted by nearly 90%. They were forced to furlough tens of thousands of employees and secure billions in emergency Wall Street debt just to survive. However, because of their "asset-light" model (they didn't have to pay the massive mortgages on the empty buildings), they survived.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Marriott Revenue & Financials." CorpDigest, https://corpdigest.com/company/marriott/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Marriott reported $26.2B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/marriott/financials" target="_blank" rel="noopener">CorpDigest — Marriott financials</a></div>Related Financial Audits
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