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Reported July 31, 2024 · Before market open

Revenue estimate$6.5B
EPS estimate$2.47

Next report

Aug 4, 2026 (in a month)
Revenue estimate$7.2B
EPS estimate$3.03

Financials

Q2 2024

Income statement

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Revenue$6.4B+6.0%
Operating income$1.2B+9.0%
Net income$772.0M+6.3%
EPS (diluted)$2.69+13.0%

Balance sheet

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Cash & equivalents$370.0M-36.1%
Total debt$15.1B+13.0%
Total equity-$2.1B-833%
Total assets$25.7B+2.6%

Cash flow

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Operating cash flow$772.0M+18.6%
CapEx$125.0M+26.3%
Free cash flow$647.0M+17.2%

Valuation & ratios

Q2 2024

Valuation

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Market cap$70.21B+28.0%
Enterprise value$84.9B+25.6%
P/E23.9×+4.2×
P/S2.9×+0.5×

Profitability

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Operating margin15.9%-1.5pp
Net margin12%-0.1pp

Returns & leverage

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Current ratio0.4×0.0×

Segments

By segment

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U.S. & Canada$4.8B+5.8%
EMEA$629.0M+7.0%
APEC$232.0M+16.6%
Greater China$140.0M-9.1%

By product

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Cost reimbursement revenue$4.7B+6.1%
Owned, leased, and other revenue$395.0M+1.3%

By geography

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Non-US$1.4B+6.8%

Versus estimates

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Questions, answered.

When did Marriott International report Q2 2024 earnings?
Marriott International (MAR) reported Q2 2024 earnings on July 31, 2024 before market open.
What were Marriott International's Q2 2024 revenue and EPS?
Marriott International reported revenue of $6.4B and diluted EPS of $2.50 for Q2 2024.
Did Marriott International beat estimates in Q2 2024?
Revenue missed the consensus estimate of $6.5B by $32.6M. EPS beat the consensus estimate of $2.47 by $0.03.
Where can I find Marriott International's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0001628280-24-033679) directly on SEC EDGAR. The filing index links above go to sec.gov.