Marriott International
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
24.8722.0120.0715.11
Price/Sales ratio
3.213.033.173.20
Earnings per Share (EPS)
$10.72$12.11$13.29$17.64

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
30.0420.8630.8334.9021.0239.57-160.9749.1920.4822.0528.8421.02
Price/Sales ratio
1.631.231.402.491.832.404.063.902.322.863.181.83
Price/Book Value ratio
-10.28-4.994.4813.6417.0871.6699.9538.2385.03-99.69-32.9871.66
Price/Cash Flow ratio
18.4812.5315.2020.9016.1229.8926.2245.9320.4421.4425.0916.12
Price/Free Cash Flow ratio
27.8215.9217.3923.1921.1048.8128.5754.3923.7825.0129.8521.10
Price/Earnings Growth ratio
1.110.87-2.250.870.64-1.531.32-0.090.170.5410.030.64
Dividend Yield
0.98%1.41%1.55%0.94%1.42%1.21%0.36%N/A0.66%0.86%0.84%1.21%
Profitability Indicator Ratios
Gross Profit Margin
14.25%14.65%15.38%18.64%17.10%15.33%13.80%20.21%21.94%21.60%19.91%17.10%
Operating Profit Margin
8.40%9.31%8.01%12.24%10.78%8.58%2.32%12.62%16.98%16.54%15.13%10.78%
Pretax Profit Margin
7.88%8.66%6.93%14.58%10.68%7.62%-4.40%8.51%14.99%14.24%12.65%10.68%
Net Profit Margin
5.45%5.92%4.56%7.13%8.73%6.06%-2.52%7.93%11.35%13.00%11.17%8.73%
Effective Tax Rate
30.79%31.55%34.12%51.07%18.22%20.38%42.70%6.86%24.27%8.73%11.67%20.38%
Return on Assets
10.96%14.12%3.23%6.09%7.63%5.08%-1.08%4.30%9.50%12.00%10.56%7.63%
Return On Equity
-34.22%-23.92%14.56%39.10%81.25%181.08%-62.09%77.72%415.14%-452.05%-162.58%181.08%
Return on Capital Employed
30.45%47.38%7.20%13.95%12.93%9.79%1.29%9.14%20.19%21.90%16.62%12.93%
Liquidity Ratios
Current Ratio
0.620.420.650.450.420.460.49N/AN/AN/A0.970.42
Quick Ratio
0.420.380.500.450.42-0.01-0.02-0.020.450.420.970.42
Cash ratio
0.030.020.160.060.040.030.150.210.060.040.100.04
Days of Sales Outstanding
29.1027.7936.2335.2137.6241.6861.0452.2045.1741.7443.0337.62
Days of Inventory outstanding
18.754.5719.10N/AN/A66.68119.53124.46N/AN/AN/A66.68
Operating Cycle
47.8632.3655.3435.2137.62108.37180.57176.6645.1741.7443.0337.62
Days of Payables Outstanding
18.6617.5017.3517.1716.3214.8021.1123.9616.7914.4914.8514.80
Cash Conversion Cycle
29.1914.8637.9818.0321.3093.57159.46152.7028.3827.2528.1821.30
Debt Ratios
Debt Ratio
0.550.670.350.340.390.430.420.390.400.460.520.39
Debt Equity Ratio
-1.71-1.141.582.204.2015.5624.137.1617.71-17.40-5.6315.56
Long-term Debt to Capitalization
2.7517.540.600.670.790.930.950.860.941.061.230.79
Total Debt to Capitalization
2.397.940.610.680.800.930.960.870.941.061.210.80
Interest Coverage Ratio
10.078.087.498.747.414.910.78N/AN/AN/A5.614.91
Cash Flow to Debt Ratio
0.320.340.180.290.250.150.150.110.230.260.230.23
Company Equity Multiplier
-3.12-1.694.506.4110.6435.6357.4418.0743.68-37.64-10.8235.63
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.080.090.090.110.110.080.150.080.110.130.120.11
Free Cash Flow / Operating Cash Flow Ratio
0.660.780.870.900.760.610.910.840.850.850.820.76
Cash Flow Coverage Ratio
0.320.340.180.290.250.150.150.110.230.260.230.23
Short Term Coverage Ratio
3.774.765.116.122.821.721.391.463.455.733.312.82
Dividend Payout Ratio
29.61%29.45%47.94%33.03%30.03%48.07%-58.42%N/A13.61%19.03%23.77%48.07%