Marriott International (MAR) Total Debt (2009 - 2026)
Marriott International's Total Debt came in at $16.92 billion for Q2 2026, up 8.0% from $15.66 billion a year earlier and up 2.3% from the prior quarter.
Marriott International (MAR) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Marriott International's Total Debt was $16.2 billion, up 12.2% from FY2024.
- Total Debt has increased in each of the last three years, with a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- Going back by year, Total Debt was $14.45 billion in FY2024 (+21.7%), $11.87 billion in FY2023 (+18.0%), $10.06 billion in FY2022 (-0.7%) and $10.14 billion in FY2021 (-2.3%).
- The Q2 2026 figure represents the highest quarterly Total Debt in data going back to Q4 2009.
- Year-over-year, Total Debt has increased for 14 consecutive quarters, with growth averaging 15.4% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q2 2023 (growth of 28.6%), and the weakest in Q2 2022 (a decline of 13.7%).
- Business Quant data shows MAR's Total Debt at $16.53 billion (Q1 2026), $16.2 billion (Q4 2025) and $16 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 16.92 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 13.34 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 22.84 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 5.94 Bn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 24.89 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | -2.09 Bn |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 3.88 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 4.28 Bn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 620.63 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 34.81 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.92 Bn |
| Mar 31, 2026 | 16.53 Bn |
| Dec 31, 2025 | 16.20 Bn |
| Sep 30, 2025 | 16.00 Bn |
| Jun 30, 2025 | 15.66 Bn |
| Mar 31, 2025 | 15.06 Bn |
| Dec 31, 2024 | 14.45 Bn |
| Sep 30, 2024 | 13.63 Bn |
| Jun 30, 2024 | 13.14 Bn |
| Mar 31, 2024 | 12.66 Bn |
| Dec 31, 2023 | 11.87 Bn |
| Sep 30, 2023 | 11.77 Bn |
| Jun 30, 2023 | 11.30 Bn |
| Mar 31, 2023 | 10.66 Bn |
| Dec 31, 2022 | 10.06 Bn |
| Sep 30, 2022 | 9.42 Bn |
| Jun 30, 2022 | 8.79 Bn |
| Mar 31, 2022 | 9.47 Bn |
| Dec 31, 2021 | 10.14 Bn |
| Sep 30, 2021 | 9.84 Bn |
Marriott International Total Debt 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=total-debt&ticker=MAR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();