Marriott International (MAR) Operating Leases (2019 - 2026)
Marriott International (MAR) posted Operating Leases of $876.0 million for 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's Operating Leases history runs 8 years deep, the most recent figure standing at $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 was $876.0 million for Q1 2026 at Marriott International, roughly flat from $879.0 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.
- 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 surged 40.67% — and 2023, when it dropped 22.19%.
- Marriott International's Operating Leases 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 | H World | 128.56 Bn | 126.76 Bn | 337.97 Mn |
| 2 | Marriott International | 101.93 Bn | 101.48 Bn | 6.38 Bn |
| 3 | Hilton Worldwide Holdings | 75.46 Bn | 75.41 Bn | 2.70 Bn |
| 4 | Intercontinental Hotels | 24.69 Bn | 19.83 Bn | - |
| 5 | Hyatt Hotels | 18.07 Bn | 17.40 Bn | 1.75 Bn |
| 6 | Atour Lifestyle Holdings | 13.80 Bn | -817.33 Bn | 241.80 Mn |
| 7 | Wyndham Hotels & Resorts | 5.65 Bn | 5.59 Bn | 349.00 Mn |
| 8 | Choice Hotels International | 5.19 Bn | 5.14 Bn | 316.92 Mn |
| 9 | Civeo | 384.54 Mn | 367.99 Mn | 40.16 Mn |
| 10 | Mdjm | 3,796.75 | -696,682.25 | - |
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 | 842.00 Mn |
| Jun 30, 2021 | 745.00 Mn |