Marriott International (MAR) Net Margin (2009 - 2026)
Marriott International (MAR) reported Net Margin of 11.33% for Q3 2026, up 0.12 percentage points from 11.22% a year earlier and up 0.50 percentage points from the prior quarter.
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Analysis
Marriott International (MAR) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Marriott International's Net Margin came in at 9.68%, down 0.40 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).
- The Q3 2026 figure ranks as the highest quarterly Net Margin since Q2 2024.
- Year over year, Net Margin gained in three of the last eight quarters, with an average year-over-year change of -0.76 percentage points.
- 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 Q3 2026 came in at 10.83% (Q2 2026), 9.74% (Q1 2026) and 6.65% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 11.33% |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 30.91% |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 16.12% |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 22.76% |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 26.82% |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | -15.64% |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | 3.33% |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 22.10% |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | 7.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.33% |
| 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% |
API Access
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_KEYimport 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();