Marriott International (MAR) Non Operating Interest Expenses (2009 - 2026)
Marriott International's Non Operating Interest Expenses came in at $221 million for Q2 2026, up 8.9% from $203 million a year earlier and up 3.3% from the prior quarter.
Marriott International (MAR) Non Operating Interest Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marriott International reported Non Operating Interest Expenses of $849 million, up 12.6% year-over-year; for FY2025, it came in at $809 million, up 16.4% from FY2024.
- Non Operating Interest Expenses has increased in each of the last three years, with a five-year compound annual growth rate of 12.7% (FY2020 to FY2025).
- Going back by year, Non Operating 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 represents the highest quarterly Non Operating Interest Expenses in data going back to Q4 2009.
- Year-over-year, Non Operating Interest Expenses has increased for 15 consecutive quarters, with growth averaging 15.8% over the last eight quarters.
- The fastest year-over-year change in Non Operating Interest Expenses over five years came in Q2 2023 (growth of 47.4%), and the weakest in Q4 2021 (a decline of 13.4%).
- Business Quant data shows MAR's Non Operating Interest Expenses at $214 million (Q1 2026), $208 million (Q4 2025) and $206 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (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 | -82.17 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 | -17.00 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 | - | -9.00 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | -227,000.00 |
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 |
Marriott International Non Operating 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=non-operating-interest-expenses&ticker=MAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-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=non-operating-interest-expenses&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();