Marriott International (MAR) Shares Outstanding (Diluted) (2009 - 2026)
Marriott International (MAR) recorded Shares Outstanding (Diluted) of 264.5 million in Q2 2026, down 3.7% from 274.7 million a year earlier and down 0.9% from the prior quarter.
Marriott International (MAR) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Marriott International reported Shares Outstanding (Diluted) of 273.6 million, down 4.1% from FY2024.
- Annual Shares Outstanding (Diluted) has declined for four straight years, with a five-year compound annual growth rate of -3.4% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 285.2 million in FY2024 (-5.8%), 302.9 million in FY2023 (-7.0%), 325.8 million in FY2022 (-1.1%) and 329.3 million in FY2021 (+1.1%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding (Diluted) since Q2 2016.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for 16 consecutive quarters, with an average decline of 4.5% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 1.1% in Q4 2021, against a decline of 7.9% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 266.8 million (Q1 2026), 273.6 million (Q4 2025) and 272.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 264.50 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 229.00 Mn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 268.00 Mn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 446.42 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 1.39 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | 155.80 Mn |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 698.38 Mn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 96.70 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 324.75 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 139.77 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 264.50 Mn |
| Mar 31, 2026 | 266.80 Mn |
| Dec 31, 2025 | 273.60 Mn |
| Sep 30, 2025 | 272.50 Mn |
| Jun 30, 2025 | 274.70 Mn |
| Mar 31, 2025 | 277.70 Mn |
| Dec 31, 2024 | 285.20 Mn |
| Sep 30, 2024 | 282.40 Mn |
| Jun 30, 2024 | 286.70 Mn |
| Mar 31, 2024 | 291.60 Mn |
| Dec 31, 2023 | 302.90 Mn |
| Sep 30, 2023 | 300.10 Mn |
| Jun 30, 2023 | 305.00 Mn |
| Mar 31, 2023 | 311.00 Mn |
| Dec 31, 2022 | 325.80 Mn |
| Sep 30, 2022 | 325.70 Mn |
| Jun 30, 2022 | 329.50 Mn |
| Mar 31, 2022 | 330.00 Mn |
| Dec 31, 2021 | 329.30 Mn |
| Sep 30, 2021 | 329.30 Mn |
Marriott International Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=MAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();