Marriott International, Inc. (MAR) is listed on NASDAQ and operates in the Travel Lodging industry (Consumer Cyclical sector).
Marriott International, Inc. operates, franchises, and licenses hotel, residential, and timeshare properties worldwide. The company operates through U.S. and Canada, and International segments. It operates its properties under the JW Marriott, The Ritz-Carlton, Ritz-Carlton Reserve, W Hotels, The Luxury Collection, St. Regis, EDITION, Bulgari, Marriott Hotels, Sheraton, Delta Hotels, Marriott Executive Apartments, Marriott Vacation Club, Westin, Renaissance, Le Méridien, Autograph Collection, Gaylord Hotels, Tribute Portfolio, Design Hotels, Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, Four Points, TownePlace Suites, Aloft, AC Hotels by Marriott, Protea Hotels, Element, and Moxy brand names. As of February 15, 2022, it operated approximately 7,989 properties under 30 hotel brands in 139 countries and territories. Marriott International, Inc. was founded in 1927 and is headquartered in Bethesda, Maryland.
| Rating | Analysts |
|---|---|
| Strong Buy | 0 |
| Buy | 23 |
| Hold | 28 |
| Sell | 1 |
| Strong Sell | 0 |
Marriott International, Inc. is a global company in the travel lodging industry, managing, franchising, and licensing a wide range of properties, including hotels, residential units, and timeshares. The company operates through two main segments: U.S. and Canada, and International. Marriott's portfolio includes luxury, premium, and select service brands, catering to diverse customer needs. As of February 15, 2022, Marriott managed approximately 7,989 properties across 139 countries and territories. The company's brand lineup features well-known names such as JW Marriott, The Ritz-Carlton, W Hotels, Marriott Hotels, Sheraton, Westin, and Courtyard, among others. Founded in 1927, Marriott International has its headquarters in Bethesda, Maryland. The company continues to expand its global presence, offering a variety of lodging options to accommodate different market segments and preferences.
Over the past three fiscal years, the company has demonstrated a consistent increase in revenue, growing at a 5.1% CAGR from $23.71 billion in 2023 to $26.19 billion in 2025. Despite this growth, profitability metrics have shown some volatility. The gross margin slightly decreased by 0.3pp from 21.6% to 21.3%, while the operating margin also saw a minor decline of 0.5pp, ending at 15.8%. Net margin experienced a more significant contraction, falling by 3.1pp to 9.9%, which contributed to a decrease in EPS from $10.18 to $9.49. Cash flow generation was inconsistent, with operating cash flow slightly increasing from $3.17 billion to $3.21 billion, while free cash flow decreased from $2.72 billion to $2.61 billion, resulting in a reduced FCF margin of 9.96%. The company's cash conversion ratio improved consistently, reaching 1.23, indicating that earnings are increasingly backed by actual cash. However, net debt increased significantly by 16.0% CAGR, reaching $16.73 billion, which could pose a concern given the current low liquidity ratios, with both the current and quick ratios at 0.43. Notably, the company undertook a substantial share buyback, reducing the share count by 11.1%, which has positively impacted per-share metrics, enhancing shareholder value despite the challenges in margin and cash flow performance.
Marriott International (NASDAQ:MAR) recently experienced a significant boost in its stock performance, reaching a new 52-week high of $373 following an analyst upgrade by Barclays, which raised their price target from $356. Evercore also increased their target price to $320, reflecting positive sentiment around the company's prospects. In terms of institutional activity, several investment firms have adjusted their positions in Marriott. Asset Dedication LLC purchased 1,968 shares valued at $613,000, while AustralianSuper Pty Ltd and National Pension Service increased their holdings, with the latter now owning 603,431 shares worth $157,158,000. BCS Wealth Management and Merit Financial Group LLC also expanded their stakes, with Merit Financial acquiring an additional 20,966 shares, bringing their total to 125,153 shares valued at $38,827,000. Assetmark Inc. holds a $12.08 million position after acquiring 330,952 shares. These transactions suggest continued confidence in Marriott's market position, although they primarily reflect routine portfolio adjustments rather than a shift in the company's strategic outlook.