Marriott International (MAR) Operating Leases (2019 - 2026)
Marriott International's (MAR) quarterly Operating Leases came in at $859.0 million in Q2 2026, down 2.5% on a YoY basis from $881.0 million in Q2 2025, and down 1.94% quarter-over-quarter from $876.0 million in Q1 2026.
Analysis
Marriott International (MAR) Operating Leases (2019 - 2026) Analysis & Trends
Marriott International (MAR) has reported Operating Leases for 8 consecutive years, with $859.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases fell 2.5% year-over-year to $859.0 million; the trailing twelve-month figure through Jun 2026 stood at $859.0 million (down 2.5% YoY), and the FY2025 full-year result was $879.0 million, down 2.12% from the prior year.
- Operating Leases declined to $859.0 million in Q2 2026 per MAR's latest filing, from $876.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $1.1 billion in Q4 2022 and bottomed at $789.0 million in Q1 2025.
- Historically, Operating Leases has averaged $934.3 million across 5 years, with a median of $892.5 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Leases advanced 19.6% in 2022, then retreated 17.42% in 2024.
- Over 5 years, Operating Leases stood at $1.1 billion in 2022, then dropped by 12.98% to $992.0 million in 2023, then decreased by 9.48% to $898.0 million in 2024, then fell by 2.12% to $879.0 million in 2025, then decreased by 2.28% to $859.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $859.0 million, $876.0 million, and $879.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 87.75 Bn | 87.29 Bn | 1.97 Bn |
| 2 | Hilton Worldwide Holdings | 70.18 Bn | 69.20 Bn | 3.08 Bn |
| 3 | Hyatt Hotels | 15.65 Bn | 15.36 Bn | 809.00 Mn |
| 4 | H World | 14.06 Bn | 11.97 Bn | 453.94 Mn |
| 5 | Atour Lifestyle Holdings | 8.60 Bn | 7.76 Bn | 511.83 Mn |
| 6 | Wyndham Hotels & Resorts | 5.33 Bn | 5.26 Bn | 349.00 Mn |
| 7 | Choice Hotels International | 4.55 Bn | 4.50 Bn | 243.10 Mn |
| 8 | Hotel101 Global Holdings | 1.22 Bn | 1.20 Bn | - |
| 9 | Studio City International Holdings | 329.33 Mn | 206.54 Mn | 144.08 Mn |
| 10 | GreenTree Hospitality | 113.35 Mn | 117.86 Mn | 34.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 859.00 Mn |
| 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 | 992.00 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 | 842.00 Mn |