Revenue segments as reported by the company.

Net Fee Revenues

Owned, leased, and other revenue

Cost reimbursement revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Owned, leased, and other - direct

Depreciation, amortization, and other

General, administrative, and other

Restructuring and merger-related charges

Reimbursed expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Marriott

Starwood is a subsidiary of Marriott International. It was one of the world's largest hotel companies that owns, operates, franchises and manages hotels, resorts, spas, residences, and vacation ownership properties under its 11 owned brands. As of 1 December 2014, Starwood Hotels and Resorts owned, managed, or franchised over 1,200 properties employing over 180,400 people, of whom approximately 26% were employed in the United States.

Starwood

Ritz-Carlton is an American company that operates the luxury hotel chain known as The Ritz-Carlton. The company has 91 luxury hotels and resorts in 30 countries and territories. The brand was subsequently expanded to other locations. The company is today a subsidiary of Marriott International.

Ritz-Carlton

Marriott International, Inc. engages in the operation and franchise of hotel, residential, and timeshare properties. It operates through the following geography segments: United States and Canada, Europe, Middle East, and Africa, and Asia Pacific excluding China. Its brands include Marriott Bonvoy, The Ritz-Carlton, Edition, W Hotels Worldwide, The Luxury Collection, and Stregis Hotels and Resorts etc. The company was founded by John Willard Marriott and Alice Sheets Marriott in 1927 and is headquartered in Bethesda, MD.

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2025

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Earnings data Q1 2026

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Earnings data Q3 2026

Marriott reports robust Q3 results, eyes experiential travel opportunities

Marriott's Q3 performance reflects strong RevPAR growth and loyalty program success.
While facing challenges in corporate travel recovery and luxury tier rate trends, opportunities lie in experiential travel demand and new consumer segments.
The company's focus on partnerships and digital experiences positions it well for future growth.
Overall, Marriott's commitment to shareholder returns and capital strength underpins its positive outlook.

Marriott reports robust Q4 performance, eyes Asia Pacific growth

Marriott's Q4 2023 showcased strong performance, particularly in RevPAR and group revenues. The company anticipates net rooms growth and global RevPAR rise in 2024, with a focus on capital returns to shareholders. Challenges include financing issues and moderation in select service segment growth.

Marriott posts strong Q1 results, eyes international expansion opportunities

Marriott's Q1 2024 showcased robust financial performance, marked by global RevPAR growth, strong international presence, and increased membership in Marriott Bonvoy.
While facing challenges like fluctuations in business travel and residential branding fees, Marriott is leveraging opportunities in new brand launches and international market expansion.
With a focus on digital transformation and sustainable growth strategies, Marriott remains well-positioned for continued success and revenue generation in the hospitality industry.

Marriott reports robust Q2 performance with global growth and challenges

Marriott's Q2 2024 performance reflects strong global RevPAR growth and revenue increase, driven by international markets.
While facing challenges in Greater China, Marriott's strengths lie in loyalty program engagement, expansion efforts, and financial outlook.
Opportunities for growth exist in Asia Pacific, loyalty program expansion, and continued investment in room development.
Overall, Marriott's financial resilience and strategic initiatives position the company for continued success and growth.

Marriott reports robust Q3 performance amidst global challenges and opportunities

Marriott International's Q3 2024 performance reflects resilience and growth, driven by strong RevPAR increases in key segments and regions, despite challenges in Greater China.
The company's strategic strengths in customer targeting, loyalty program engagement, and global expansion efforts position it well for future growth and market competitiveness.
While facing challenges in certain markets, Marriott's focus on opportunities like loyalty program expansion, portfolio diversification, and market-specific strategies presents avenues for sustained growth.
Overall, Marriott's performance underscores its ability to navigate market complexities, capitalize on strengths, and adapt to evolving industry dynamics to drive long-term success.

Marriott reports robust Q4 results, eyes growth in loyalty program and international markets

Marriott's strong Q4 2024 performance was driven by growth in RevPAR and the Bonvoy loyalty program. While facing challenges in Greater China and corporate travel recovery, the company remains optimistic about future growth opportunities.

Marriott reports strong Q1 results, eyes international growth opportunities

Marriott's Q1 performance showcased strength in RevPAR growth and development activity. While facing challenges in the U.S. and Canada region, the company remains optimistic about international growth. Opportunities lie in leveraging loyalty programs, acquisitions, and digital transformation for sustained success. Overall, Marriott's strategic focus on growth and guest experience bodes well for future performance.

Marriott surpasses Q2 expectations with strong international growth prospects

Marriott delivered strong Q2 results globally, with notable growth in international markets. While facing challenges in certain segments, the company's loyalty program and strategic initiatives position it well for future growth and customer engagement.

Marriott exceeds Q3 expectations, eyes accelerated growth and loyalty expansion

Marriott's Q3 performance showcased resilience amidst macroeconomic uncertainties, with strong growth in key regions and a focus on driving customer loyalty. Challenges in Greater China were offset by global successes, setting the stage for accelerated growth in Q4 and beyond. Strategic initiatives around loyalty programs, brand expansion, and technology enhancements position Marriott well for future success.

Marriott reports strong Q4 results, eyes tech investments for growth

Marriott's Q4 2025 showcased robust financial performance and strategic initiatives for future growth. The company plans to increase adjusted EBITDA by 8% to 10% in 2026, with strong capital returns of over $4.3 billion planned. Analysts seek clarity on credit card fees, tech investments, and business travel trends.

Marriott surpasses Q1 expectations with strong RevPAR growth and tech innovation

Marriott's Q1 performance exceeded expectations, driven by strong RevPAR growth and financial results. Despite challenges like geopolitical risks, the company's strengths in loyalty programs and technology innovation position it well for future growth. Opportunities lie in raising RevPAR guidance, expanding room growth, and leveraging technology for competitive advantage.

Marriott surpasses Q2 expectations, eyes APEC growth amid challenges

Marriott's Q2 performance exceeded expectations with strong RevPAR growth and global expansion. While facing challenges in certain regions, the company's strategic initiatives and technology focus position it well for future growth. Opportunities in APEC and ongoing portfolio enhancements offer avenues for sustained success. Overall, Marriott's performance, strengths, and growth outlook indicate a positive trajectory for investors.