Marriott International (MAR) Return on Capital Employed [ROCE] (2009 - 2026)
Marriott International's Return on Capital Employed [ROCE] came in at 21.18% for Q2 2026, up 0.54 percentage points from 20.64% a year earlier but down 1.01 percentage points from the prior quarter.
Marriott International (MAR) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Marriott International's Return on Capital Employed [ROCE] was 22.43%, up 0.63 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +21.99 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 21.80% in FY2024 (-0.30 pp), 22.10% in FY2023 (+2.70 pp), 19.40% in FY2022 (+10.05 pp) and 9.35% in FY2021 (+8.91 pp).
- The five-year range for quarterly Return on Capital Employed [ROCE] is 5.34% (Q3 2021) to 23.67% (Q3 2023).
- Year-over-year, Return on Capital Employed [ROCE] increased in three of the last eight quarters, with an average year-over-year change of -0.33 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q3 2022 (a gain of 12.30 percentage points), and the weakest in Q3 2024 (a drop of 2.28 percentage points).
- Business Quant data shows MAR's Return on Capital Employed [ROCE] at 22.19% (Q1 2026), 21.47% (Q4 2025) and 21.91% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 101.75 Bn | 99.80 Bn | 1.55 Bn | 21.18% |
| 2 | Hilton Worldwide Holdings | 77.70 Bn | 74.15 Bn | 3.08 Bn | 25.17% |
| 3 | Royal Caribbean Cruises | 75.15 Bn | 72.50 Bn | 2.29 Bn | 16.12% |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 21.91% |
| 5 | Carnival | 36.04 Bn | 29.23 Bn | - | 11.28% |
| 6 | Trip.com | 26.26 Bn | -18.74 Bn | 1.84 Bn | 6.10% |
| 7 | Intercontinental Hotels | 25.68 Bn | 21.65 Bn | - | - |
| 8 | Hyatt Hotels | 15.92 Bn | 13.08 Bn | 388.00 Mn | -49.45% |
| 9 | H World | 14.08 Bn | 5.49 Bn | 453.94 Mn | 15.35% |
| 10 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.30 Bn | 1.05 Bn | 8.72% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.18% |
| Mar 31, 2026 | 22.19% |
| Dec 31, 2025 | 21.47% |
| Sep 30, 2025 | 21.91% |
| Jun 30, 2025 | 20.64% |
| Mar 31, 2025 | 21.17% |
| Dec 31, 2024 | 21.47% |
| Sep 30, 2024 | 21.38% |
| Jun 30, 2024 | 22.26% |
| Mar 31, 2024 | 21.60% |
| Dec 31, 2023 | 21.82% |
| Sep 30, 2023 | 23.67% |
| Jun 30, 2023 | 22.92% |
| Mar 31, 2023 | 21.57% |
| Dec 31, 2022 | 19.84% |
| Sep 30, 2022 | 17.64% |
| Jun 30, 2022 | 14.87% |
| Mar 31, 2022 | 11.72% |
| Dec 31, 2021 | 9.40% |
| Sep 30, 2021 | 5.34% |
Marriott International Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=MAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "MAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();