Marriott International (MAR) Net Margin (2009 - 2026)
Marriott International's (MAR) quarterly Net Margin came in at 10.83% in Q2 2026, down 48.0% on a YoY basis from 20.83% in Q2 2025, and up 11.24% quarter-over-quarter from 9.74% in Q1 2026.
Analysis
Marriott International (MAR) Net Margin (2009 - 2026) Analysis & Trends
Marriott International (MAR) has reported Net Margin for 18 consecutive years, with 10.83% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 48.0% year-over-year to 10.83%; the trailing twelve-month figure through Jun 2026 stood at 9.62% (up 1.0% YoY), and the FY2025 full-year result was 9.93%, up 47.0% from the prior year.
- Net Margin improved to 10.83% in Q2 2026 per MAR's latest filing, from 9.74% in the prior quarter.
- Across five years, Net Margin topped out at 13.91% in Q4 2023 and bottomed at 6.65% in Q4 2025.
- Historically, Net Margin has averaged 10.84% across 5 years, with a median of 11.27% in 2025.
- The sharpest annual moves came in 2022 and 2024: Net Margin soared 945 bps in 2022, then plunged 684 bps in 2024.
- Over 5 years, Net Margin stood at 11.36% in 2022, then advanced by 22 bps to 13.91% in 2023, then slumped by 49 bps to 7.08% in 2024, then dropped by 6 bps to 6.65% in 2025, then jumped by 63 bps to 10.83% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 10.83%, 9.74%, and 6.65% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn | 10.83% |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn | 14.43% |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn | 5.96% |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn | 40.99% |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn | -0.49% |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn | 27.20% |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn | 14.60% |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn | -8.18% |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn | 8.84% |
Historic Data
Download Data
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% |