Marriott International MAR
NASDAQ MAR
$336.51 +0.44 (+0.13%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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