Marriott International (MAR) Return on Invested Capital [ROIC] (2009 - 2026)
Marriott International (MAR) posted Return on Invested Capital [ROIC] of 26.93% for Q3 2026, up 2.28 percentage points from 24.65% a year earlier and up 1.47 percentage points from the prior quarter.
Marriott International (MAR) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Marriott International's Return on Invested Capital [ROIC] came in at 26.57%, up 1.49 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +26.14 percentage points (FY2020 to FY2025).
- In prior years, Marriott International's Return on Invested Capital [ROIC] was 25.08% in FY2024 (-7.24 pp), 32.32% in FY2023 (+8.69 pp), 23.63% in FY2022 (+9.05 pp) and 14.58% in FY2021 (+14.15 pp).
- The Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q3 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in three of the last eight quarters, with an average year-over-year change of -2.45 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2022, with a gain of 16.94 percentage points; the weakest was Q2 2025, with a drop of 6.65 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 25.47% (Q2 2026), 25.36% (Q1 2026) and 25.07% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 26.93% |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 15.33% |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 31.87% |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 11.50% |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 22.52% |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | 5.35% |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | -37.95% |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 42.20% |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | 2.20% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.93% |
| Jun 30, 2026 | 25.47% |
| Mar 31, 2026 | 25.36% |
| Dec 31, 2025 | 25.07% |
| Sep 30, 2025 | 24.65% |
| Jun 30, 2025 | 24.32% |
| Mar 31, 2025 | 25.54% |
| Dec 31, 2024 | 25.05% |
| Sep 30, 2024 | 29.62% |
| Jun 30, 2024 | 30.97% |
| Mar 31, 2024 | 30.21% |
| Dec 31, 2023 | 31.63% |
| Sep 30, 2023 | 29.45% |
| Jun 30, 2023 | 28.57% |
| Mar 31, 2023 | 28.29% |
| Dec 31, 2022 | 24.83% |
| Sep 30, 2022 | 22.90% |
| Jun 30, 2022 | 19.72% |
| Mar 31, 2022 | 17.24% |
| Dec 31, 2021 | 14.61% |
Marriott International Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();