Marriott International (MAR) Invested Capital (2009 - 2026)
Marriott International's Invested Capital came in at $11.76 billion for Q3 2026, down 8.7% from $12.88 billion a year earlier and down 5.1% from the prior quarter.
Marriott International (MAR) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Marriott International's Invested Capital was $12.43 billion, up 8.5% from FY2024.
- Invested Capital has increased in each of the last three years, with a five-year compound annual growth rate of 2.8% (FY2020 to FY2025).
- Going back by year, Invested Capital was $11.46 billion in FY2024 (+2.4%), $11.19 billion in FY2023 (+5.3%), $10.63 billion in FY2022 (-8.0%) and $11.55 billion in FY2021 (+6.9%).
- The Q3 2026 figure represents the lowest quarterly Invested Capital since Q4 2024.
- Year-over-year, Invested Capital increased in six of the last eight quarters, with growth averaging 5.2%.
- The fastest year-over-year change in Invested Capital over five years came in Q3 2025 (growth of 14.9%), and the weakest in Q3 2026 (a decline of 8.7%).
- Business Quant data shows MAR's Invested Capital at $12.39 billion (Q2 2026), $12.44 billion (Q1 2026) and $12.43 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.97 Bn | 107.24 Bn | 1.54 Bn | 11.76 Bn |
| 2 | Royal Caribbean Cruises | 86.47 Bn | 83.61 Bn | 2.88 Bn | 34.27 Bn |
| 3 | Hilton Worldwide Holdings | 83.23 Bn | 80.00 Bn | 3.05 Bn | 6.76 Bn |
| 4 | Viking Holdings | 39.87 Bn | 25.00 Bn | 996.62 Mn | 7.60 Bn |
| 5 | Carnival | 39.30 Bn | 32.51 Bn | 3.81 Bn | 38.12 Bn |
| 6 | Intercontinental Hotels | 29.61 Bn | 25.58 Bn | - | -4.02 Bn |
| 7 | Trip.com | 28.31 Bn | -16.49 Bn | 1.84 Bn | 27.57 Bn |
| 8 | Hyatt Hotels | 17.65 Bn | 15.38 Bn | 384.00 Mn | 7.93 Bn |
| 9 | H World | 15.48 Bn | 6.90 Bn | 456.00 Mn | 2.72 Bn |
| 10 | U-Haul Holding | 10.73 Bn | 6.38 Bn | 1.75 Bn | 15.95 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.76 Bn |
| Jun 30, 2026 | 12.39 Bn |
| Mar 31, 2026 | 12.44 Bn |
| Dec 31, 2025 | 12.43 Bn |
| Sep 30, 2025 | 12.88 Bn |
| Jun 30, 2025 | 12.69 Bn |
| Mar 31, 2025 | 11.89 Bn |
| Dec 31, 2024 | 11.46 Bn |
| Sep 30, 2024 | 11.21 Bn |
| Jun 30, 2024 | 11.05 Bn |
| Mar 31, 2024 | 11.04 Bn |
| Dec 31, 2023 | 11.19 Bn |
| Sep 30, 2023 | 11.11 Bn |
| Jun 30, 2023 | 11.07 Bn |
| Mar 31, 2023 | 10.80 Bn |
| Dec 31, 2022 | 10.63 Bn |
| Sep 30, 2022 | 10.48 Bn |
| Jun 30, 2022 | 10.56 Bn |
| Mar 31, 2022 | 11.24 Bn |
| Dec 31, 2021 | 11.55 Bn |
Marriott International Invested Capital 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=invested-capital&ticker=MAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();