Marriott International (MAR) Net Margin (2009 - 2026)
Marriott International (MAR) reported Net Margin of 10.83% for Q2 2026, down 0.48 percentage points from 11.31% a year earlier but up 1.09 percentage points from the prior quarter.
Marriott International (MAR) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marriott International's Net Margin came in at 9.62%, up 0.01 percentage points year-over-year; for FY2025, it was 9.93%, up 0.47 percentage points from FY2024.
- Net Margin has a five-year change of +12.46 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 9.46% in FY2024 (-3.54 pp), 13.00% in FY2023 (+1.65 pp), 11.35% in FY2022 (+3.42 pp) and 7.93% in FY2021 (+10.46 pp).
- Five-year quarterly Net Margin spans a low of 5.58% in Q3 2021 and a high of 13.91% in Q4 2023.
- Year over year, Net Margin has now declined in each of the last three quarters, with an average year-over-year change of -1.20 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q4 2021 (a gain of 18.08 percentage points); the low point was Q4 2024 (a drop of 6.84 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 9.74% (Q1 2026), 6.65% (Q4 2025) and 11.22% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 10.83% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 14.43% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 23.34% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 26.82% |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 8.06% |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -15.64% |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 6.01% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 24.00% |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 15.64% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.83% |
| Mar 31, 2026 | 9.74% |
| Dec 31, 2025 | 6.65% |
| Sep 30, 2025 | 11.22% |
| Jun 30, 2025 | 11.31% |
| Mar 31, 2025 | 10.62% |
| Dec 31, 2024 | 7.08% |
| Sep 30, 2024 | 9.34% |
| Jun 30, 2024 | 11.99% |
| Mar 31, 2024 | 9.44% |
| Dec 31, 2023 | 13.91% |
| Sep 30, 2023 | 12.69% |
| Jun 30, 2023 | 11.95% |
| Mar 31, 2023 | 13.48% |
| Dec 31, 2022 | 11.36% |
| Sep 30, 2022 | 11.86% |
| Jun 30, 2022 | 12.70% |
| Mar 31, 2022 | 8.98% |
| Dec 31, 2021 | 10.53% |
| Sep 30, 2021 | 5.58% |
Marriott International Net 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=net-margin&ticker=MAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();