MAR Q3 2025 Earnings — Marriott International, Inc. Revenue & Financial Results | Market Cap Arena

MARMarriott International, Inc.

$87B

Q3 2025 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$6.5B+3.7% YoY

Gross Profit

$1.4B21.9% margin

Operating Income

$1.2B18.2% margin

Net Income

$728M11.2% margin

EPS (Diluted)

$2.67

QoQ Revenue Growth

-3.8%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$951M

Stock-Based Comp.

$61M

Balance Sheet

Total Assets

$27.8B

Total Liabilities

$31.0B

Stockholders' Equity

-$3.1B

Cash & Equivalents

$678M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.5B	$6.3B	+3.7%
Gross Profit	$1.4B	$1.3B	+11.8%
Operating Income	$1.2B	$944M	+25.0%
Net Income	$728M	$584M	+24.7%

Revenue Segments

Reimbursements

$4.8B61%

Fee Service

$1.3B17%

Franchise

$876M11%

Management Service, Base

$462M6%

Owned, Leased and Other

$420M5%

Geographic Segments

U.S. and Canada Segment

$4.7B100%