How Marriott International (MAR) Makes Money: A Visual Guide
Marriott International (MAR) generated $26.19B in revenue (TTM through Q4 2025), earning $2.60B in net profit (9.9% margin). Its largest revenue source is Reimbursements (60.8% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Marriott International (MAR) Income Statement Flow
Frequently asked questions
How does Marriott International (MAR) make money?
- Marriott International (MAR) primarily makes money through Reimbursements, which accounts for 60.8% of total revenue. For TTM through Q4 2025, Marriott International generated $26.19B in total revenue with a net profit margin of 9.9%.
What is Marriott International (MAR) gross profit margin?
- Marriott International (MAR) reported a gross profit margin of 21.3% for TTM through Q4 2025, equivalent to $5.59B in gross profit. This means Marriott International retains 21.3% of each revenue unit after direct costs of production.
What is Marriott International (MAR) operating profit margin?
- Marriott International (MAR) reported an operating profit margin of 15.8% for TTM through Q4 2025, equivalent to $4.14B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Marriott International (MAR) net profit margin?
- Marriott International (MAR) reported a net profit margin of 9.9% for TTM through Q4 2025, equivalent to $2.60B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Marriott International (MAR) spend on capital expenditures?
- Marriott International (MAR) spent $584.00M on capital expenditures in TTM through Q4 2025 (2.2% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Marriott International (MAR) free cash flow?
- Marriott International (MAR) generated $2.90B in free cash flow for TTM through Q4 2025 (11.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Marriott International (MAR) effective tax rate?
- Marriott International (MAR) had an effective tax rate of 23.4% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.