Marriott International (MAR) Change in Taxes (2009 - 2026)
Marriott International (MAR) posted quarterly Change in Taxes of $43.0 million for Q2 2026, up 125.15% year-over-year from $19.1 million in Q2 2025, and down 54.74% on a QoQ basis from $95.0 million in Q1 2026.
Marriott International (MAR) Change in Taxes (2009 - 2026) Analysis & Trends
Marriott International has reported Change in Taxes for 18 years, with the latest figure at $43.0 million in Q2 2026.
- Change in Taxes for Q2 2026 came in at $43.0 million, up 125.15% year-over-year; the trailing twelve-month figure through Jun 2026 was $6.0 million (up 101.9% YoY), and the FY2025 annual result was -$277.0 million, down 61.05% from the prior year.
- Change in Taxes eased to $43.0 million in Q2 2026, from $95.0 million in the prior quarter.
- Over five years, Change in Taxes peaked at $113.0 million in Q2 2022 and troughed at -$505.0 million in Q4 2023.
- A 5-year average of -$35.7 million and a median of $14.0 million in 2023 frame the typical range for Change in Taxes.
- The widest annual swing landed in 2022, when Change in Taxes surged 654.55%; it then sank 708.43% in 2023.
- A 5-year view of Change in Taxes shows it stood at $83.0 million in 2022, then sank by 708.43% to -$505.0 million in 2023, then surged by 84.95% to -$76.0 million in 2024, then tumbled by 85.53% to -$141.0 million in 2025, then jumped by 130.5% to $43.0 million in 2026.
- Per Business Quant data, the three most recent Change in Taxes figures were $43.0 million in Q2 2026, $95.0 million in Q1 2026, and -$141.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | 43.00 Mn |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | - |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | - |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | - |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | - |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | - |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | - |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | -1.01 Mn |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 43.00 Mn |
| Jun 30, 2026 | 43.00 Mn |
| Mar 31, 2026 | 95.00 Mn |
| Mar 31, 2026 | 95.00 Mn |
| Dec 31, 2025 | -141.00 Mn |
| Dec 31, 2025 | -141.00 Mn |
| Sep 30, 2025 | 9.00 Mn |
| Sep 30, 2025 | 9.00 Mn |
| Jun 30, 2025 | -171.00 Mn |
| Jun 30, 2025 | -171.00 Mn |
| Mar 31, 2025 | 26.00 Mn |
| Mar 31, 2025 | 26.00 Mn |
| Dec 31, 2024 | -76.00 Mn |
| Dec 31, 2024 | -76.00 Mn |
| Sep 30, 2024 | -94.00 Mn |
| Sep 30, 2024 | -94.00 Mn |
| Jun 30, 2024 | -107.00 Mn |
| Jun 30, 2024 | -107.00 Mn |
| Mar 31, 2024 | 105.00 Mn |
| Mar 31, 2024 | 105.00 Mn |