Marriott International (MAR) Gross Margin (2010 - 2026)
Marriott International (MAR) posted Gross Margin of 21.98% for Q2 2026, down 0.37 percentage points from 22.35% a year earlier but up 1.82 percentage points from the prior quarter.
Marriott International (MAR) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Marriott International was 19.81%, up 0.35 percentage points year-over-year; for FY2025, it was 19.94%, up 0.13 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +6.14 percentage points (FY2020 to FY2025).
- In prior years, Marriott International's Gross Margin was 19.81% in FY2024 (-1.19 pp), 21.00% in FY2023 (-0.94 pp), 21.94% in FY2022 (+1.73 pp) and 20.21% in FY2021 (+6.41 pp).
- Quarterly Gross Margin has run from a low of 15.11% in Q4 2025 to a high of 23.57% in Q3 2023 over five years.
- On a year-over-year basis, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -0.42 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2022, with a gain of 4.57 percentage points; the weakest was Q4 2023, with a drop of 5.79 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 20.15% (Q1 2026), 15.11% (Q4 2025) and 21.94% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 21.98% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 92.04% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 47.29% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 45.50% |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 79.56% |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 21.21% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 95.88% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.98% |
| Mar 31, 2026 | 20.15% |
| Dec 31, 2025 | 15.11% |
| Sep 30, 2025 | 21.94% |
| Jun 30, 2025 | 22.35% |
| Mar 31, 2025 | 19.30% |
| Dec 31, 2024 | 15.71% |
| Sep 30, 2024 | 20.37% |
| Jun 30, 2024 | 23.26% |
| Mar 31, 2024 | 19.91% |
| Dec 31, 2023 | 15.80% |
| Sep 30, 2023 | 23.57% |
| Jun 30, 2023 | 23.41% |
| Mar 31, 2023 | 21.34% |
| Dec 31, 2022 | 21.59% |
| Sep 30, 2022 | 23.08% |
| Jun 30, 2022 | 23.04% |
| Mar 31, 2022 | 19.60% |
| Dec 31, 2021 | 20.29% |
| Sep 30, 2021 | 20.91% |
Marriott International Gross Margin 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=gross-margin&ticker=MAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();