Marriott International (MAR) Operating Leases (2019 - 2026)

Marriott International (MAR) recorded quarterly Operating Leases of $876.0 million in Q1 2026, little changed on a QoQ basis from $879.0 million in Q4 2025, and up 11.03% year-over-year from $789.0 million in Q1 2025.

Marriott International (MAR) Operating Leases (2019 - 2026) Analysis & Trends

Marriott International has disclosed Operating Leases across 8 years of filings, most recently posting $876.0 million for Q1 2026.

  • Quarterly Operating Leases rose 11.03% year-over-year to $876.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $876.0 million (up 11.03% YoY) and the FY2025 annual result came in at $879.0 million, down 2.12% from the prior year.
  • Operating Leases steadied at $876.0 million in Q1 2026, from $879.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $1.1 billion in Q4 2022 and troughed at $789.0 million in Q1 2025.
  • A 5-year average of $932.6 million and a median of $887.0 million in 2023 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2022 — Operating Leases soared 44.48% — and 2023, when it retreated 22.19%.
  • Tracing MAR's Operating Leases over 5 years: stood at $1.1 billion in 2022, then fell by 22.19% to $887.0 million in 2023, then climbed by 1.24% to $898.0 million in 2024, then fell by 2.12% to $879.0 million in 2025, then decreased by 0.34% to $876.0 million in 2026.
  • Business Quant data shows MAR's Operating Leases at $876.0 million in Q1 2026, $879.0 million in Q4 2025, and $887.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marriott International 106.28 Bn 105.82 Bn 6.38 Bn
2 Hilton Worldwide Holdings 80.50 Bn 79.97 Bn -
3 Intercontinental Hotels 26.35 Bn 25.21 Bn -
4 Hyatt Hotels 18.67 Bn 18.32 Bn 1.75 Bn
5 Wyndham Hotels & Resorts 6.42 Bn 6.34 Bn 302.00 Mn
6 Choice Hotels International 5.30 Bn 5.26 Bn 316.92 Mn
7 Atour Lifestyle Holdings 2.06 Bn -359.74 Bn 241.80 Mn
8 Civeo 370.36 Mn 353.81 Mn 40.16 Mn
9 GreenTree Hospitality 5.49 Mn -227.74 Mn 26.57 Mn
10 H World 1,693.88 -1.44 Bn 824.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 876.00 Mn
Dec 31, 2025 879.00 Mn
Sep 30, 2025 887.00 Mn
Jun 30, 2025 881.00 Mn
Mar 31, 2025 789.00 Mn
Dec 31, 2024 898.00 Mn
Sep 30, 2024 831.00 Mn
Jun 30, 2024 825.00 Mn
Mar 31, 2024 851.00 Mn
Dec 31, 2023 887.00 Mn
Sep 30, 2023 966.00 Mn
Jun 30, 2023 999.00 Mn
Mar 31, 2023 1.02 Bn
Dec 31, 2022 1.14 Bn
Sep 30, 2022 1.01 Bn
Jun 30, 2022 1.05 Bn
Mar 31, 2022 1.07 Bn
Dec 31, 2021 1.25 Bn
Sep 30, 2021 697.00 Mn
Jun 30, 2021 745.00 Mn