MAR Q3 2023 Earnings — Marriott International, Inc. Revenue & Financial Results | Market Cap Arena

MARMarriott International, Inc.

$87B

Q3 2023 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$5.9B+11.6% YoY

Gross Profit

$1.4B23.6% margin

Operating Income

$1.1B18.5% margin

Net Income

$752M12.7% margin

EPS (Diluted)

$2.51

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$881M

Free Cash Flow

$757M

Stock-Based Comp.

$54M

Balance Sheet

Total Assets

$25.3B

Total Liabilities

$25.9B

Stockholders' Equity

-$661M

Cash & Equivalents

$717M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.9B	$5.3B	+11.6%
Gross Profit	$1.4B	$1.2B	+13.9%
Operating Income	$1.1B	$958M	+14.7%
Net Income	$752M	$630M	+19.4%

Revenue Segments

Reimbursements

$4.4B61%

Fee Service

$1.2B17%

Franchise

$748M10%

Management Service, Base

$449M6%

Owned, Leased and Other

$363M5%