MARMarriott International, Inc.

$86B

Q3 2020 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$2.3B-57.3% YoY

Gross Profit

$437M19.4% margin

Operating Income

$252M11.2% margin

Net Income

$100M4.4% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+54.0%

Cash Flow

Operating Cash Flow

$118M

Free Cash Flow

$100M

Stock-Based Comp.

$52M

Balance Sheet

Total Assets

$25.1B

Total Liabilities

$24.9B

Stockholders' Equity

$229M

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$5.3B	-57.3%
Gross Profit	$437M	$888M	-50.8%
Operating Income	$252M	$607M	-58.5%
Net Income	$100M	$387M	-74.2%

Revenue Segments

Reimbursements

$1.8B66%

Fee Service

$397M15%

Franchise

$279M10%

Owned, Leased and Other

$134M5%

Management Service, Base

$118M4%

MAR Q3 2020 Earnings — Marriott International, Inc. Revenue & Financial Results | Market Cap Arena