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
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 842.00 Mn
Jun 30, 2021 745.00 Mn