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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 101.75 Bn | 99.80 Bn | 1.55 Bn | 21.98% |
| 2 | Hilton Worldwide Holdings | 77.70 Bn | 74.15 Bn | 3.08 Bn | 92.04% |
| 3 | Royal Caribbean Cruises | 75.15 Bn | 72.50 Bn | 2.29 Bn | 47.29% |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 45.50% |
| 5 | Carnival | 36.04 Bn | 29.23 Bn | - | - |
| 6 | Trip.com | 26.26 Bn | -18.74 Bn | 1.84 Bn | 79.56% |
| 7 | Intercontinental Hotels | 25.68 Bn | 21.65 Bn | - | - |
| 8 | Hyatt Hotels | 15.92 Bn | 13.08 Bn | 388.00 Mn | 21.21% |
| 9 | H World | 14.08 Bn | 5.49 Bn | 453.94 Mn | 43.23% |
| 10 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.30 Bn | 1.05 Bn | 39.91% |
Historic Data
Download Data
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% |
API Access
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_KEYimport 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();