MAR Q1 2024 Earnings — Marriott International, Inc. Revenue & Financial Results | Market Cap Arena

MARMarriott International, Inc.

$87B

Q1 2024 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$6.0B+6.4% YoY

Gross Profit

$1.2B19.9% margin

Operating Income

$876M14.7% margin

Net Income

$564M9.4% margin

EPS (Diluted)

$1.93

QoQ Revenue Growth

-1.9%

Cash Flow

Operating Cash Flow

$779M

Free Cash Flow

$670M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$25.8B

Total Liabilities

$27.4B

Stockholders' Equity

-$1.6B

Cash & Equivalents

$429M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$5.6B	+6.4%
Gross Profit	$1.2B	$1.2B	-0.7%
Operating Income	$876M	$951M	-7.9%
Net Income	$564M	$757M	-25.5%

Revenue Segments

Reimbursements

$4.5B62%

Fee Service

$1.2B17%

Franchise

$688M9%

Management Service, Base

$522M7%

Owned, Leased and Other

$357M5%