Marriott International (MAR) Operating Expenses (2009 - 2026)
Marriott International (MAR) reported Operating Expenses of $5.6 billion for Q1 2026, up 5.17% year-on-year from $5.3 billion in Q1 2025, and down 5.46% quarter-over-quarter from $5.9 billion in Q4 2025.
Marriott International (MAR) has 18 years of Operating Expenses data on file, last reported at $5.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 5.17% year-over-year to $5.6 billion; the trailing twelve-month figure through Mar 2026 stood at $22.3 billion (up 3.59% YoY), and the FY2025 full-year result was $22.0 billion, up 3.34% from the prior year.
- Operating Expenses for Q1 2026 stood at $5.6 billion, down from $5.9 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $5.9 billion in Q4 2025 and bottomed at $3.6 billion in Q1 2022.
- A 5-year average of $5.1 billion and a median of $5.2 billion in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 64.78% in 2022 and slipped 0.04% in 2025, its largest moves.
- Tracing MAR's Operating Expenses over 5 years: stood at $4.9 billion in 2022, then grew by 9.13% to $5.4 billion in 2023, then climbed by 5.58% to $5.7 billion in 2024, then rose by 4.16% to $5.9 billion in 2025, then dropped by 5.46% to $5.6 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $5.6 billion, $5.9 billion, and $5.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 98.23 Bn | 97.78 Bn | 6.38 Bn | 5.59 Bn |
| 2 | Hilton Worldwide Holdings | 73.53 Bn | 72.99 Bn | - | 2.26 Bn |
| 3 | Intercontinental Hotels | 23.64 Bn | 22.51 Bn | - | - |
| 4 | Hyatt Hotels | 16.45 Bn | 16.11 Bn | 1.75 Bn | 1.63 Bn |
| 5 | Wyndham Hotels & Resorts | 5.97 Bn | 5.89 Bn | 302.00 Mn | 213.00 Mn |
| 6 | Choice Hotels International | 5.17 Bn | 5.13 Bn | 316.92 Mn | 280.54 Mn |
| 7 | Civeo | 373.70 Mn | 357.15 Mn | 40.16 Mn | 169.54 Mn |
| 8 | GreenTree Hospitality | 5.49 Mn | -227.74 Mn | 30.29 Mn | -50.43 Mn |
| 9 | Atour Lifestyle Holdings | 1.18 Mn | -299.91 Bn | 241.80 Mn | -324.67 Mn |
| 10 | H World | 1,745.92 | -1.44 Bn | 824.36 Mn | -656.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.59 Bn |
| Dec 31, 2025 | 5.91 Bn |
| Sep 30, 2025 | 5.31 Bn |
| Jun 30, 2025 | 5.51 Bn |
| Mar 31, 2025 | 5.32 Bn |
| Dec 31, 2024 | 5.68 Bn |
| Sep 30, 2024 | 5.31 Bn |
| Jun 30, 2024 | 5.24 Bn |
| Mar 31, 2024 | 5.10 Bn |
| Dec 31, 2023 | 5.38 Bn |
| Sep 30, 2023 | 4.83 Bn |
| Jun 30, 2023 | 4.98 Bn |
| Mar 31, 2023 | 4.66 Bn |
| Dec 31, 2022 | 4.93 Bn |
| Sep 30, 2022 | 4.36 Bn |
| Jun 30, 2022 | 4.39 Bn |
| Mar 31, 2022 | 3.64 Bn |
| Dec 31, 2021 | 3.81 Bn |
| Sep 30, 2021 | 3.40 Bn |
| Jun 30, 2021 | 2.66 Bn |
| Mar 31, 2021 | 2.23 Bn |
| Dec 31, 2020 | 2.30 Bn |
| Sep 30, 2020 | 2.00 Bn |
| Jun 30, 2020 | 1.62 Bn |
| Mar 31, 2020 | 4.57 Bn |
| Dec 31, 2019 | 5.10 Bn |
| Sep 30, 2019 | 4.68 Bn |
| Jun 30, 2019 | 4.90 Bn |
| Mar 31, 2019 | 4.50 Bn |
| Dec 31, 2018 | 4.87 Bn |
| Sep 30, 2018 | 4.46 Bn |
| Jun 30, 2018 | 4.59 Bn |
| Mar 31, 2018 | 4.48 Bn |
| Dec 31, 2017 | 4.83 Bn |
| Sep 30, 2017 | 4.29 Bn |
| Jun 30, 2017 | 4.47 Bn |
| Mar 31, 2017 | 4.37 Bn |
| Dec 31, 2016 | 3.29 Bn |
| Sep 30, 2016 | 3.77 Bn |
| Jun 30, 2016 | 3.51 Bn |
| Mar 31, 2016 | 3.41 Bn |
| Dec 31, 2015 | 3.40 Bn |
| Sep 30, 2015 | 3.24 Bn |
| Jun 30, 2015 | 3.32 Bn |
| Mar 31, 2015 | 3.18 Bn |
| Dec 31, 2014 | 3.27 Bn |
| Sep 30, 2014 | 3.16 Bn |
| Jun 30, 2014 | 3.17 Bn |
| Mar 31, 2014 | 3.04 Bn |
| Dec 31, 2013 | 2.98 Bn |
| Sep 30, 2013 | 2.92 Bn |
| Jun 30, 2013 | 2.98 Bn |
| Mar 31, 2013 | 2.92 Bn |
| Dec 28, 2012 | 3.45 Bn |
| Sep 7, 2012 | 2.52 Bn |
| Jun 15, 2012 | 2.53 Bn |
| Mar 23, 2012 | 2.38 Bn |
| Dec 30, 2011 | 3.45 Bn |
| Sep 9, 2011 | 3.02 Bn |
| Jun 17, 2011 | 2.74 Bn |
| Mar 25, 2011 | 2.59 Bn |
| Dec 31, 2010 | 3.52 Bn |
| Sep 10, 2010 | 2.48 Bn |
| Jun 18, 2010 | 2.55 Bn |
| Mar 26, 2010 | 2.45 Bn |
| Jan 1, 2010 | 2.68 Bn |
| Sep 11, 2009 | 2.98 Bn |
| Jun 19, 2009 | 2.46 Bn |
| Mar 27, 2009 | 2.46 Bn |