Marriott International Inc.
We are a worldwide franchisor, operator, and licensor of hotel, residential, timeshare, and other lodging properties under a portfolio of compelling brands at different price and service points. Consistent with our focus on franchising, management, and licensing, we own or lease very few of our lodging properties (less than one percent of our system).
$396.80
-$7.20 (-1.78%)
EOD Oct 22, 2026
15.81% operating margin is respectable but not wide. ROIC at 141.98%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 4.3%, steady but not accelerating.
At 41x earnings, the current multiple leaves limited room for execution misses or growth deceleration. ROIC dropped from 145.26% to 141.98%, capital efficiency is deteriorating.
41.0x earnings, 33.0x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$26.90B
▲ +4.3% YoY
Net Income (TTM)
$2.59B
▲ +9.5% YoY
Op. Margin
15.80%
▲ +0.8pp YoY
ROIC
156.38%
▼ -3.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$3.13B
▲ +30.5% YoY
Op. Cash Flow (TTM)
$3.73B
▲ +16.8% YoY
Net Debt
$990M
Cash & Equiv.
$462M
5Y CAGR: +19.9%
5Y CAGR: +11.6%
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SourceComputed from the 10-Q filed 27 Jul 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.
Price from market data, last close as of 22 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.
Is Marriott International (MAR) overvalued?
At a P/E of 41.0 and a price-to-free-cash-flow of 33.0, Marriott International (MAR) trades below a two-stage DCF intrinsic value of about $593.98 per share, so at $396.80 the stock looks undervalued (49.7% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Marriott International scores 68/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.7%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Marriott International's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $593.98 per share for MAR, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $445.49. At today's $396.80, that puts the stock about 49.7% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Marriott International a high-quality business?+
Marriott International scores 68 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 15.8% operating margin and a 156.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Marriott International (MAR) pay a dividend, and how much?+
Yes, Marriott International pays a regular dividend of about $2.76 per share per year (typically in quarterly installments), a yield of roughly 0.7% at the current price. That is a payout ratio of about 28.3% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For MAR's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Marriott International a good stock to buy right now?+
That depends on valuation and quality together, not either alone. MAR currently trades below its estimated intrinsic value and scores 68/100 on quality (solid). It also yields about 0.7%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.
Related stocks: Hotels & Motels
Spot a number that looks wrong? Check it in MAR's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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