Buyback yield (TTM)
3.70%
Shareholder yield (TTM)
4.52%
5Y share count change
-17.3%
Buyback spend (TTM)
$3.25B
Cumulative buybacks
$37.31B
Key takeaways
- Marriott International (MAR) repurchased about $3.25B of stock over the trailing twelve months.
- Diluted share count is down 17.3% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 13.48× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +85.6% per year over the latest 5-year window.
- TTM repurchases used about 136% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Marriott International (MAR)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Marriott International (MAR)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Marriott International (MAR)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Marriott International (MAR)
Latest: $3.30B
Overview
Marriott International (MAR) most recent annual buyback spend stands at $3.30B (2025) – declined 12.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Marriott International buyback spend compounded at +85.6% per year, with mixed annual results across the window.
Marriott International buyback spend peaked at $3.95B in 2023; the latest annual figure is $3.30B in 2025 (16.5% below peak).
2023 marks the peak buyback spend at $3.95B, with the historical low of $0.00 recorded in 1997.
Marriott International Buyback Spend 2025: $3.30B
2025's buyback spend for Marriott International came in at $3.30B, declined 12.3% below 2024.
Marriott International Buyback Spend 2024: $3.76B
Marriott International posted buyback spend of $3.76B in 2024, edged down 4.8% below 2023.
Marriott International Buyback Spend 2023: $3.95B
In 2023, Marriott International reported buyback spend of $3.95B, surged 54.1% from 2022. This figure represents the highest annual value in the available history.
Marriott International Buyback Spend 2022: $2.57B
Marriott International buyback spend in 2022 was $2.57B.
Marriott International Buyback Spend 2021: $0.00
Marriott International buyback spend in 2021 was $0.00.
See more financial history for Marriott International (MAR).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $3.30B | $236.00M | $3.06B | 3.96% | 0.27B | -5.5% | |
| 2024 | $3.76B | $237.00M | $3.52B | 4.84% | 0.29B | -5.8% | |
| 2023 | $3.95B | $205.00M | $3.75B | 5.96% | 0.30B | -7.0% | |
| 2022 | $2.57B | $192.00M | $2.37B | 5.45% | 0.33B | -1.1% | |
| 2021 | $0.00 | $182.00M | −$182.00M | — | 0.33B | +1.1% | |
| 2020 | $150.00M | $201.00M | −$51.00M | 0.35% | 0.33B | -2.9% | |
| 2019 | $2.26B | $187.00M | $2.07B | 4.55% | 0.34B | -5.3% | |
| 2018 | $2.85B | $184.00M | $2.67B | 7.68% | 0.35B | -6.8% | |
| 2017 | $3.01B | $181.00M | $2.83B | 6.08% | 0.38B | +30.6% | |
| 2016 | $568.00M | $212.00M | $356.00M | 1.77% | 0.29B | +6.6% | |
| 2015 | $1.92B | $113.00M | $1.80B | 11.13% | 0.27B | -8.1% | |
| 2014 | $1.51B | $109.00M | $1.40B | 6.85% | 0.30B | -5.2% | |
| 2013 | $834.00M | $116.00M | $718.00M | 5.64% | 0.31B | -6.0% | |
| 2012 | $1.15B | $94.00M | $1.05B | 9.82% | 0.33B | -8.1% | |
| 2011 | $1.43B | $0.00 | $1.43B | 14.76% | 0.36B | -4.2% | |
| 2010 | $57.00M | $0.00 | $57.00M | 0.40% | 0.38B | +6.1% | |
| 2009 | $0.00 | $0.00 | $0.00 | — | 0.36B | -3.9% | |
| 2008 | $434.00M | $0.00 | $434.00M | 6.80% | 0.37B | -7.8% | |
| 2007 | $1.76B | $0.00 | $1.76B | 14.35% | 0.40B | -7.8% | |
| 2006 | $1.55B | $0.00 | $1.55B | 8.19% | 0.44B | -6.5% | |
| 2005 | $1.64B | $0.00 | $1.64B | 11.82% | 0.47B | -4.0% | |
| 2004 | $664.00M | $0.00 | $664.00M | 4.67% | 0.49B | -2.3% | |
| 2003 | $373.00M | $0.00 | $373.00M | 3.48% | 0.50B | -2.3% | |
| 2002 | $252.00M | $0.00 | $252.00M | 3.38% | 0.51B | -1.8% | |
| 2001 | $235.00M | $0.00 | $235.00M | 2.57% | 0.52B | +0.7% | |
| 2000 | $340.00M | $0.00 | $340.00M | — | 0.52B | -4.5% | |
| 1999 | $354.00M | $0.00 | $354.00M | — | 0.54B | -0.2% | |
| 1998 | $398.00M | $0.00 | $398.00M | — | 0.54B | -1.9% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.55B | — |
- 2025$3.30B
- 2024$3.76B
- 2023$3.95B
- 2022$2.57B
- 2021$0.00
- 2020$150.00M
- 2019$2.26B
- 2018$2.85B
- 2017$3.01B
- 2016$568.00M
- 2015$1.92B
- 2014$1.51B
- 2013$834.00M
- 2012$1.15B
- 2011$1.43B
- 2010$57.00M
- 2009$0.00
- 2008$434.00M
- 2007$1.76B
- 2006$1.55B
- 2005$1.64B
- 2004$664.00M
- 2003$373.00M
- 2002$252.00M
- 2001$235.00M
- 2000$340.00M
- 1999$354.00M
- 1998$398.00M
- 1997$0.00
Buybacks vs stock-based compensation for Marriott International (MAR)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 13.48×.
Buybacks vs dividends (share of cash returned) for Marriott International (MAR)
How Marriott International splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Marriott International, ranked by their latest buyback spend.
| $6.44B | |
| $2.52B | |
| $2.06B | |
| $1.10B | |
| $211.00M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $6.44B
- $2.52B
- $2.06B
- $1.10B
- $211.00M
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.39B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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