📊 MAR Key Takeaways
Is Marriott International Inc. /MD/ (MAR) a Good Investment?
Marriott demonstrates operational strength with 16% operating margins and $728M free cash flow generation, but negative stockholders' equity of -$4.1B and a critically low current ratio of 0.46x signal severe financial distress. The balance sheet deterioration poses substantial solvency and liquidity risk that outweighs operational profitability.
Marriott shows solid fundamental performance with steady revenue growth, expanding net income and EPS, and strong cash generation relative to sales. Profitability is healthy, with a 15.8% operating margin and 25.4x interest coverage, which supports resilience. However, negative stockholders' equity, very weak liquidity, and limited balance-sheet flexibility reduce the margin of safety despite the strong operating profile.
Marriott International Inc. /MD/ Key Strengths (MAR)
- Strong operating margin of 16% and net margin of 9.7% demonstrate pricing power and operational efficiency in hospitality sector
- Free cash flow of $728M (10.9% margin) provides capital runway to address balance sheet challenges through debt repayment and deleveraging
- Net income growth of 9.5% YoY outpacing revenue growth of 4.3% indicates improving operational leverage and cost discipline
- Consistent growth in revenue, net income, and diluted EPS indicates durable earnings momentum
- Strong operating cash flow and free cash flow support the quality of earnings
- Healthy operating margin and high interest coverage reflect efficient operations and manageable financing burden
MAR Stock Risks: Marriott International Inc. /MD/ Investment Risks
- Negative stockholders' equity of -$4.1B represents structural insolvency; liabilities exceed assets by significant margin
- Critically low current ratio of 0.46x indicates inability to cover current liabilities with current assets; acute liquidity crisis
- Incomplete balance sheet visibility (missing total liabilities, gross profit) obscures full extent of financial obligations and operational structure
- Negative stockholders' equity signals an aggressive capital structure and reduces balance-sheet cushioning
- Current and quick ratios of 0.43x point to weak short-term liquidity
- Growth is positive but not high, so any slowdown in travel demand could pressure margins and cash flow
Key Metrics to Watch
- Stockholders' equity trajectory - must demonstrate clear path toward positive territory to indicate financial recovery
- Current ratio improvement - needs substantial improvement above 0.46x to resolve immediate solvency concerns
- Free cash flow sustainability - continued generation above $700M annually is essential for debt service and equity reconstruction
- Free cash flow conversion and operating cash flow trend
- Liquidity position, especially cash balances and current ratio
Marriott International Inc. /MD/ (MAR) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
MAR Profit Margin, ROE & Profitability Analysis
MAR vs Real Estate Sector: How Marriott International Inc. /MD/ Compares
How Marriott International Inc. /MD/ compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Marriott International Inc. /MD/ Stock Overvalued? MAR Valuation Analysis 2026
Based on fundamental analysis, Marriott International Inc. /MD/ has mixed fundamental signals relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Marriott International Inc. /MD/ Balance Sheet: MAR Debt, Cash & Liquidity
MAR Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Marriott International Inc. /MD/'s revenue has grown significantly by 25% over the 5-year period, indicating strong business expansion. The most recent EPS of $10.18 reflects profitable operations.
MAR Revenue Growth, EPS Growth & YoY Performance
MAR Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $6.3B | $648.0M | $2.39 |
| Q3 2025 | $6.3B | $564.0M | $2.07 |
| Q2 2025 | $6.4B | $564.0M | $2.69 |
| Q1 2025 | $6.0B | $564.0M | $1.93 |
| Q3 2024 | $5.9B | $564.0M | $2.07 |
| Q2 2024 | $6.1B | $564.0M | $2.38 |
| Q1 2024 | $5.6B | $564.0M | $1.93 |
| Q3 2023 | $5.3B | $377.0M | $1.94 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Marriott International Inc. /MD/ Dividends, Buybacks & Capital Allocation
MAR SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Marriott International Inc. /MD/ (CIK: 0001048286)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MAR
What is the AI rating for MAR?
Marriott International Inc. /MD/ (MAR) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are MAR's key strengths?
Claude: Strong operating margin of 16% and net margin of 9.7% demonstrate pricing power and operational efficiency in hospitality sector. Free cash flow of $728M (10.9% margin) provides capital runway to address balance sheet challenges through debt repayment and deleveraging. ChatGPT: Consistent growth in revenue, net income, and diluted EPS indicates durable earnings momentum. Strong operating cash flow and free cash flow support the quality of earnings.
What are the risks of investing in MAR?
Claude: Negative stockholders' equity of -$4.1B represents structural insolvency; liabilities exceed assets by significant margin. Critically low current ratio of 0.46x indicates inability to cover current liabilities with current assets; acute liquidity crisis. ChatGPT: Negative stockholders' equity signals an aggressive capital structure and reduces balance-sheet cushioning. Current and quick ratios of 0.43x point to weak short-term liquidity.
What is MAR's revenue and growth?
Marriott International Inc. /MD/ reported revenue of $6.7B.
Does MAR pay dividends?
Marriott International Inc. /MD/ pays dividends, with $178.0M distributed to shareholders in the trailing twelve months.
Where can I find MAR SEC filings?
Official SEC filings for Marriott International Inc. /MD/ (CIK: 0001048286) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MAR's EPS?
Marriott International Inc. /MD/ has a diluted EPS of $2.43.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is MAR's fundamental grade?
Based on our AI fundamental analysis in June 2026, Marriott International Inc. /MD/ has a C grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is MAR stock overvalued or undervalued?
Valuation metrics for MAR: ROE of N/A (sector avg: 8%), net margin of 9.7% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
What is MAR's AI grade for 2026?
Our dual AI analysis gives Marriott International Inc. /MD/ a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MAR's free cash flow?
Marriott International Inc. /MD/'s operating cash flow is $858.0M, with capital expenditures of $130.0M. FCF margin is 10.9%.
How does MAR compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin 9.7% (avg: 20%), ROE N/A (avg: 8%), current ratio 0.46 (avg: 1.5).