Marriott International (MAR) Interest Expenses (2009 - 2026)
Marriott International's Interest Expenses was $221 million in Q2 2026, up 8.9% from $203 million a year earlier and up 3.3% from the prior quarter.
Powered by 
Analysis
Marriott International (MAR) Interest Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Marriott International's Interest Expenses was $849 million through Jun 30, 2026, up 12.6% year-over-year; for FY2025, it was $809 million, up 16.4% from FY2024.
- Interest Expenses has now increased for three consecutive years, with a five-year compound annual growth rate of 12.7% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $695 million in FY2024 (+23.0%), $565 million in FY2023 (+40.2%), $403 million in FY2022 (-4.0%) and $420 million in FY2021 (-5.6%).
- The Q2 2026 figure marks the highest quarterly Interest Expenses in data going back to Q4 2009.
- Compared with a year earlier, Interest Expenses has increased for 15 straight quarters, with growth averaging 15.8% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q2 2023 (growth of 47.4%); the worst was Q4 2021 (a decline of 13.4%).
- Per Business Quant data, MAR's Interest Expenses in the three quarters before Q2 2026 was $214 million (Q1 2026), $208 million (Q4 2025) and $206 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 221.00 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 183.00 Mn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 236.00 Mn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 73.92 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 285.00 Mn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -17.18 Mn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 64.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | -9.25 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | -226,017.84 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 221.00 Mn |
| Mar 31, 2026 | 214.00 Mn |
| Dec 31, 2025 | 208.00 Mn |
| Sep 30, 2025 | 206.00 Mn |
| Jun 30, 2025 | 203.00 Mn |
| Mar 31, 2025 | 192.00 Mn |
| Dec 31, 2024 | 180.00 Mn |
| Sep 30, 2024 | 179.00 Mn |
| Jun 30, 2024 | 173.00 Mn |
| Mar 31, 2024 | 163.00 Mn |
| Dec 31, 2023 | 153.00 Mn |
| Sep 30, 2023 | 146.00 Mn |
| Jun 30, 2023 | 140.00 Mn |
| Mar 31, 2023 | 126.00 Mn |
| Dec 31, 2022 | 115.00 Mn |
| Sep 30, 2022 | 100.00 Mn |
| Jun 30, 2022 | 95.00 Mn |
| Mar 31, 2022 | 93.00 Mn |
| Dec 31, 2021 | 97.00 Mn |
| Sep 30, 2021 | 107.00 Mn |
API Access
Marriott International Interest Expenses 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=interest-expenses&ticker=MAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();