Marriott International (MAR) Free Cash Flow (2009 - 2026)
Marriott International's Free Cash Flow came in at $1.3 billion for Q3 2026, up 37.1% from $951 million a year earlier and up 63.8% from the prior quarter.
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Analysis
Marriott International (MAR) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Marriott International reported Free Cash Flow of $3.49 billion, up 80.9% year-over-year; for FY2025, it was $2.61 billion, up 30.5% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 11.6% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $2 billion in FY2024 (-26.5%), $2.72 billion in FY2023 (+33.8%), $2.03 billion in FY2022 (+104.3%) and $994 million in FY2021 (-33.9%).
- The Q3 2026 figure represents the highest quarterly Free Cash Flow in data going back to Q4 2009.
- Year-over-year, Free Cash Flow has increased for three consecutive quarters, with growth averaging 21.5% over the last six quarters.
- The fastest year-over-year change in Free Cash Flow over five years came in Q2 2022 (growth of 883.1%), and the weakest in Q2 2025 (a decline of 24.6%).
- Business Quant data shows MAR's Free Cash Flow at $796 million (Q2 2026), $728 million (Q1 2026) and $657 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 1.30 Bn |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 937.00 Mn |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 689.00 Mn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 712.00 Mn |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | -1.41 Bn |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | -157.00 Mn |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 528.00 Mn |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | -342.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.30 Bn |
| Jun 30, 2026 | 796.00 Mn |
| Mar 31, 2026 | 728.00 Mn |
| Dec 31, 2025 | 657.00 Mn |
| Sep 30, 2025 | 951.00 Mn |
| Jun 30, 2025 | 488.00 Mn |
| Mar 31, 2025 | 512.00 Mn |
| Dec 31, 2024 | -24.00 Mn |
| Sep 30, 2024 | 706.00 Mn |
| Jun 30, 2024 | 647.00 Mn |
| Mar 31, 2024 | 670.00 Mn |
| Dec 31, 2023 | 617.00 Mn |
| Sep 30, 2023 | 757.00 Mn |
| Jun 30, 2023 | 552.00 Mn |
| Mar 31, 2023 | 792.00 Mn |
| Dec 31, 2022 | 301.00 Mn |
| Sep 30, 2022 | 801.00 Mn |
| Jun 30, 2022 | 580.00 Mn |
| Mar 31, 2022 | 349.00 Mn |
| Dec 31, 2021 | 363.00 Mn |
API Access
Marriott International Free Cash Flow 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=free-cash-flow&ticker=MAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();