MAR Q1 2023 Earnings — Marriott International, Inc. Revenue & Financial Results | Market Cap Arena

MARMarriott International, Inc.

$87B

Q1 2023 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$5.6B+33.7% YoY

Gross Profit

$1.2B21.3% margin

Operating Income

$951M16.9% margin

Net Income

$757M13.5% margin

EPS (Diluted)

$2.43

QoQ Revenue Growth

-5.2%

Cash Flow

Operating Cash Flow

$887M

Free Cash Flow

$792M

Stock-Based Comp.

$37M

Balance Sheet

Total Assets

$24.9B

Total Liabilities

$24.7B

Stockholders' Equity

$140M

Cash & Equivalents

$554M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.6B	$4.2B	+33.7%
Gross Profit	$1.2B	$823M	+45.6%
Operating Income	$951M	$558M	+70.4%
Net Income	$757M	$377M	+100.8%

Revenue Segments

Reimbursements

$4.1B61%

Fee Service

$1.1B17%

Franchise

$639M9%

Management Service, Base

$494M7%

Owned, Leased and Other

$356M5%