Marriott International (MAR) Restructuring Costs (2009 - 2021)
Marriott International (MAR) recorded quarterly Restructuring Costs of $4.0 million in Q3 2021, up 33.33% on a QoQ basis from $3.0 million in Q2 2021, and up 300.0% year-over-year from $1.0 million in Q3 2020.
Marriott International (MAR) Restructuring Costs (2009 - 2021) Analysis & Trends
Marriott International has disclosed Restructuring Costs across 8 years of filings, most recently posting $4.0 million for Q3 2021.
- Quarterly Restructuring Costs rose 300.0% year-over-year to $4.0 million in Q3 2021, while the trailing twelve-month figure through Dec 2021 was $8.0 million (down 97.0% YoY) and the FY2021 annual result came in at $8.0 million, down 97.0% from the prior year.
- Restructuring Costs advanced to $4.0 million in Q3 2021, from $3.0 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $262.0 million in Q4 2020 and troughed at -$53.0 million in Q4 2019.
- A 5-year average of $38.3 million and a median of $12.0 million in 2018 frame the typical range for Restructuring Costs.
- Biggest YoY gain for Restructuring Costs was 861.11% in 2019; the steepest drop was 158.24% in 2019.
- Tracing MAR's Restructuring Costs over 5 years: stood at $59.0 million in 2017, then surged by 54.24% to $91.0 million in 2018, then tumbled by 158.24% to -$53.0 million in 2019, then soared by 594.34% to $262.0 million in 2020, then sank by 98.47% to $4.0 million in 2021.
- Business Quant data shows MAR's Restructuring Costs at $4.0 million in Q3 2021, $3.0 million in Q2 2021, and $1.0 million in Q1 2021.
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 |
|---|---|
| Sep 30, 2021 | 4.00 Mn |
| Jun 30, 2021 | 3.00 Mn |
| Mar 31, 2021 | 1.00 Mn |
| Dec 31, 2020 | 262.00 Mn |
| Sep 30, 2020 | 1.00 Mn |
| Jun 30, 2020 | 6.00 Mn |
| Mar 31, 2020 | -2.00 Mn |
| Dec 31, 2019 | -53.00 Mn |
| Sep 30, 2019 | 9.00 Mn |
| Jun 30, 2019 | 173.00 Mn |
| Mar 31, 2019 | 9.00 Mn |
| Dec 31, 2018 | 91.00 Mn |
| Sep 30, 2018 | 12.00 Mn |
| Jun 30, 2018 | 18.00 Mn |
| Mar 31, 2018 | 34.00 Mn |
| Dec 31, 2017 | 59.00 Mn |
| Sep 30, 2017 | 28.00 Mn |
| Jun 30, 2017 | 21.00 Mn |
| Mar 31, 2017 | 51.00 Mn |
| Dec 31, 2016 | 136.00 Mn |