MAR Q4 2023 Earnings — Marriott International, Inc. Revenue & Financial Results | Market Cap Arena

MARMarriott International, Inc.

$87B

Q4 2023 Earnings

Consumer Cyclical Travel Lodging

Income Statement

Revenue

$6.1B+2.9% YoY

Gross Profit

$1.1B18.2% margin

Operating Income

$718M11.8% margin

Net Income

$848M13.9% margin

EPS (Diluted)

$2.87

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$751M

Free Cash Flow

$617M

Stock-Based Comp.

$58M

Balance Sheet

Total Assets

$25.7B

Total Liabilities

$26.4B

Stockholders' Equity

-$682M

Cash & Equivalents

$338M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.1B	$5.9B	+2.9%
Gross Profit	$1.1B	$1.3B	-13.4%
Operating Income	$718M	$996M	-27.9%
Net Income	$848M	$673M	+26.0%

Revenue Segments

Reimbursements

$4.4B60%

Fee Service

$1.2B17%

Franchise

$705M10%

Management Service, Base

$539M7%

Owned, Leased and Other

$455M6%