MARMarriott International, Inc.

$87B

Q3 2024 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$6.3B+5.5% YoY

Gross Profit

$1.3B20.4% margin

Operating Income

$944M15.1% margin

Net Income

$584M9.3% margin

EPS (Diluted)

$2.07

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$880M

Free Cash Flow

$706M

Stock-Based Comp.

$63M

Balance Sheet

Total Assets

$26.2B

Total Liabilities

$28.6B

Stockholders' Equity

-$2.4B

Cash & Equivalents

$394M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$5.9B	+5.5%
Gross Profit	$1.3B	$1.4B	-8.8%
Operating Income	$944M	$1.1B	-14.1%
Net Income	$584M	$752M	-22.3%

Revenue Segments

Reimbursements

$4.7B61%

Fee Service

$1.3B17%

Franchise

$812M11%

Management Service, Base

$471M6%

Owned, Leased and Other

$381M5%

MAR Q3 2024 Earnings — Marriott International, Inc. Revenue & Financial Results | Market Cap Arena