Marriott International (MAR) Operating Margin (2009 - 2026)
Marriott International (MAR) posted quarterly Operating Margin of 17.38% for Q2 2026, down 95.0% year-over-year from 347.62% in Q2 2025, and up 8.7% on a QoQ basis from 15.99% in Q1 2026.
Marriott International (MAR) Operating Margin (2009 - 2026) Analysis & Trends
Marriott International has reported Operating Margin for 18 years, with the latest figure at 17.38% in Q2 2026.
- Operating Margin for Q2 2026 came in at 17.38%, down 95.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 15.8% (up 69.0% YoY), and the FY2025 annual result was 15.81%, up 81.0% from the prior year.
- Operating Margin rose to 17.38% in Q2 2026, from 15.99% in the prior quarter.
- Over five years, Operating Margin peaked at 18.56% in Q2 2024 and troughed at 11.61% in Q4 2025.
- A 5-year average of 15.99% and a median of 16.88% in 2022 frame the typical range for Operating Margin.
- The widest annual swing landed in 2022, when Operating Margin jumped 966 bps; it then plunged 504 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 16.82% in 2022, then declined by 30 bps to 11.78% in 2023, then fell by 1 bps to 11.7% in 2024, then decreased by 1 bps to 11.61% in 2025, then jumped by 50 bps to 17.38% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 17.38% in Q2 2026, 15.99% in Q1 2026, and 11.61% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | 17.38% |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | 25.68% |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | -48.82% |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | 24.94% |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | 23.58% |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | 46.40% |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | 23.63% |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | 2.83% |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | - |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | 12.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.38% |
| Mar 31, 2026 | 15.99% |
| Dec 31, 2025 | 11.61% |
| Sep 30, 2025 | 18.18% |
| Jun 30, 2025 | 18.33% |
| Mar 31, 2025 | 15.14% |
| Dec 31, 2024 | 11.70% |
| Sep 30, 2024 | 15.09% |
| Jun 30, 2024 | 18.56% |
| Mar 31, 2024 | 14.66% |
| Dec 31, 2023 | 11.78% |
| Sep 30, 2023 | 18.54% |
| Jun 30, 2023 | 18.04% |
| Mar 31, 2023 | 16.94% |
| Dec 31, 2022 | 16.82% |
| Sep 30, 2022 | 18.03% |
| Jun 30, 2022 | 17.80% |
| Mar 31, 2022 | 13.29% |
| Dec 31, 2021 | 14.28% |
| Sep 30, 2021 | 13.81% |