Question 1

What is Marriott International's P/E ratio?

Accepted Answer

Marriott International (MAR) P/E ratio is 38.6× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Marriott International?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Marriott International specifically, the relevant sector benchmark is the current sector median of 21.7×.

Question 5

Is Marriott International's P/E ratio high or low?

Accepted Answer

Marriott International's P/E ratio of 38.6× is above its own 5-year average of 36.2× and above the sector median of 21.7×. That places the current reading at the 81th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Marriott International's historical P/E ratio range?

Accepted Answer

In the available daily series, Marriott International (MAR) P/E ratio has ranged from a low of 16.9× in 2008 to a high of 171.4× in 2020. The 5-year average is 36.2× and the 5-year median is 26.2×.

Question 7

What was Marriott International's P/E ratio in 2025?

Accepted Answer

Marriott International (MAR) P/E ratio at the end of 2025 was 32.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Marriott International's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$83.3B	$2.6B	32.0×	-0.7×	Dec 31, 2025
2024	$77.8B	$2.38B	32.8×	+11.2×	Dec 31, 2024
2023	$66.4B	$3.08B	21.5×	+1.5×	Dec 31, 2023
2022	$47.1B	$2.36B	20.0×	-29.3×	Dec 31, 2022
2021	$54.1B	$1.1B	49.3×	—	Dec 31, 2021
2020	$43B	-$267M	—	—	Dec 31, 2020
2019	$49.6B	$1.27B	39.0×	+20.5×	Dec 31, 2019
2018	$37.1B	$2.01B	18.5×	-13.6×	Dec 31, 2018
2017	$49.6B	$1.55B	32.1×	-9.1×	Dec 31, 2017
2016	$32.1B	$780M	41.1×	+21.1×	Dec 31, 2016
2015	$17.2B	$859M	20.0×	-9.2×	Dec 31, 2015
2014	$22B	$753M	29.3×	+5.7×	Dec 31, 2014
2013	$14.8B	$626M	23.6×	+3.2×	Dec 31, 2013
2012	$11.7B	$571M	20.4×	-28.3×	Dec 31, 2012
2011	$9.65B	$198M	48.7×	+17.5×	Dec 31, 2011
2010	$14.3B	$458M	31.3×	—	Dec 31, 2010
2009	$9.21B	-$346M	—	—	Dec 31, 2009
2008	$6.38B	$362M	17.6×	+0.0×	Dec 31, 2008
2007	$12.2B	$696M	17.6×	-13.7×	Dec 31, 2007
2006	$18.9B	$604M	31.3×	+10.5×	Dec 31, 2006
2005	$13.9B	$669M	20.8×	-3.1×	Dec 31, 2005
2004	$14.2B	$596M	23.9×	+2.5×	Dec 31, 2004
2003	$10.7B	$502M	21.3×	-5.6×	Dec 31, 2003
2002	$7.45B	$277M	26.9×	—	Dec 31, 2002


Avery Dennison (AVY)	19.3×
Darden Restaurants (DRI)	19.1×
Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Domino's Pizza (DPZ)	17.7×
Etsy (ETSY)	16.9×
Ball (BALL)	16.8×
Royal Caribbean Cruises (RCL)	16.6×
GameStop (GME)	15.6×
D.R. Horton (DHI)	15.3×
Norwegian Cruise Line (NCLH)	15.0×
Hasbro (HAS)	15.0×
NVR (NVR)	14.8×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Deckers Outdoor (DECK)	13.8×
Lennar (LEN)	13.5×
Weyco Group (WEYS)	12.8×
Carnival Corporation (CCL)	12.4×
KB Home (KBH)	11.7×
Best Buy Co. (BBY)	11.1×
PDD Holdings (PDD)	10.7×
Toll Brothers (TOL)	10.5×
Lululemon Athletica (LULU)	10.2×
Leggett & Platt (LEG)	6.1×

P/E Ratio for Marriott International (MAR) 2002-2026

P/E Ratio daily chart for Marriott International (MAR)

Historical P/E Ratio for Marriott International (MAR) from 2002 to 2025

About P/E Ratio at Marriott International (MAR)

Marriott International P/E Ratio by Year

Marriott International P/E Ratio 2025: 32.0×

Marriott International P/E Ratio 2024: 32.8×

Marriott International P/E Ratio 2023: 21.5×

Marriott International P/E Ratio 2022: 20.0×

Marriott International P/E Ratio 2021: 49.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Marriott International (MAR) Key Financials