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| Date | Value |
|---|---|
| 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 |