Marriott International (MAR) Free Cash Flow (2009 - 2026)
Marriott International's Free Cash Flow came in at $796 million for Q2 2026, up 63.1% from $488 million a year earlier and up 9.3% from the prior quarter.
Marriott International (MAR) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marriott International reported Free Cash Flow of $3.13 billion, up 86.2% 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 five-year range for quarterly Free Cash Flow is -$24 million (Q4 2024) to $951 million (Q3 2025).
- Year-over-year, Free Cash Flow increased in three of the last six quarters, with growth averaging 14.2%.
- 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 $728 million (Q1 2026), $657 million (Q4 2025) and $951 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 101.75 Bn | 99.80 Bn | 1.55 Bn | 796.00 Mn |
| 2 | Hilton Worldwide Holdings | 77.70 Bn | 74.15 Bn | 3.08 Bn | 460.00 Mn |
| 3 | Royal Caribbean Cruises | 75.15 Bn | 72.50 Bn | 2.29 Bn | -877.00 Mn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | -1.41 Bn |
| 5 | Carnival | 36.04 Bn | 29.23 Bn | - | 712.00 Mn |
| 6 | Trip.com | 26.26 Bn | -18.74 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 25.68 Bn | 21.65 Bn | - | - |
| 8 | Hyatt Hotels | 15.92 Bn | 13.08 Bn | 388.00 Mn | 28.00 Mn |
| 9 | H World | 14.08 Bn | 5.49 Bn | 453.94 Mn | 525.03 Mn |
| 10 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.30 Bn | 1.05 Bn | 144.89 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 575.00 Mn |
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_KEY
import 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();