Marriott International (MAR) Debt Ratio (2009 - 2026)
Marriott International's Debt Ratio was 0.60 in Q2 2026, up 5.2% from 0.57 a year earlier and up 1.5% from the prior quarter.
Analysis
Marriott International (MAR) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Marriott International came in at 0.59, up 6.6% from FY2024.
- Debt Ratio has now increased for four consecutive years.
- In earlier years, Debt Ratio was 0.55 in FY2024 (+19.3%), 0.46 in FY2023 (+14.0%), 0.41 in FY2022 (+2.2%) and 0.40 in FY2021 (-5.6%).
- The Q2 2026 figure marks the highest quarterly Debt Ratio since Q2 2016.
- Compared with a year earlier, Debt Ratio has increased for 15 straight quarters, with growth averaging 10.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q2 2023 (growth of 26.1%); the worst was Q2 2022 (a decline of 14.1%).
- Per Business Quant data, MAR's Debt Ratio in the three quarters before Q2 2026 was 0.59 (Q1 2026), 0.59 (Q4 2025) and 0.57 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 0.60 |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 0.79 |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 0.51 |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 0.43 |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 0.48 |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | -0.40 |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 0.10 |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 0.31 |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 0.07 |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 0.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.60 |
| Mar 31, 2026 | 0.59 |
| Dec 31, 2025 | 0.59 |
| Sep 30, 2025 | 0.57 |
| Jun 30, 2025 | 0.57 |
| Mar 31, 2025 | 0.57 |
| Dec 31, 2024 | 0.55 |
| Sep 30, 2024 | 0.52 |
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.47 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.43 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.40 |
| Sep 30, 2021 | 0.40 |
API Access
Marriott International Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=MAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "MAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();