Marriott International (MAR) Gross Margin (2010 - 2026)
Marriott International's (MAR) quarterly Gross Margin came in at 27.87% in Q2 2026, up 15.0% on a YoY basis from 24.24% in Q2 2025, and up 7.96% quarter-over-quarter from 25.82% in Q1 2026.
Analysis
Marriott International (MAR) Gross Margin (2010 - 2026) Analysis & Trends
Marriott International (MAR) has reported Gross Margin for 17 consecutive years, with 27.87% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 15.0% year-over-year to 27.87%; the trailing twelve-month figure through Jun 2026 stood at 25.87% (up 80.0% YoY), and the FY2025 full-year result was 25.52%, up 42.0% from the prior year.
- Gross Margin climbed to 27.87% in Q2 2026 per MAR's latest filing, from 25.82% in the prior quarter.
- Across five years, Gross Margin topped out at 28.74% in Q3 2022 and bottomed at 22.66% in Q4 2024.
- Historically, Gross Margin has averaged 26.12% across 5 years, with a median of 26.46% in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 344 bps in 2022, then sank 342 bps in 2023.
- Over 5 years, Gross Margin stood at 26.57% in 2022, then retreated by 13 bps to 23.15% in 2023, then slipped by 2 bps to 22.66% in 2024, then gained by 0 bps to 22.75% in 2025, then gained by 23 bps to 27.87% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 27.87%, 25.82%, and 22.75% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn | 27.87% |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn | 92.04% |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn | 44.23% |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn | 43.23% |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn | 99.50% |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn | 93.07% |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn | 55.15% |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn | 87.55% |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn | 99.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.87% |
| Mar 31, 2026 | 25.82% |
| Dec 31, 2025 | 22.75% |
| Sep 30, 2025 | 26.97% |
| Jun 30, 2025 | 27.73% |
| Mar 31, 2025 | 24.60% |
| Dec 31, 2024 | 22.66% |
| Sep 30, 2024 | 25.16% |
| Jun 30, 2024 | 27.86% |
| Mar 31, 2024 | 24.69% |
| Dec 31, 2023 | 23.15% |
| Sep 30, 2023 | 28.51% |
| Jun 30, 2023 | 28.13% |
| Mar 31, 2023 | 26.34% |
| Dec 31, 2022 | 26.57% |
| Sep 30, 2022 | 28.74% |
| Jun 30, 2022 | 28.31% |
| Mar 31, 2022 | 24.29% |
| Dec 31, 2021 | 25.39% |
| Sep 30, 2021 | 26.08% |