Free cash flow
Marriott International Free cash flow decreased by 30.9% to $657.00M in Q4 2025 compared to the prior quarter. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 27.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $59.00M | $575.00M | $363.00M | $349.00M | $580.00M | $801.00M | $301.00M | $792.00M | $552.00M | $757.00M | $617.00M | $670.00M | $647.00M | $706.00M | $0.00 | $512.00M | $488.00M | $951.00M | $657.00M |
| QoQ Change | — | +874.6% | -36.9% | -3.9% | +66.2% | +38.1% | -62.4% | +163.1% | -30.3% | +37.1% | -18.5% | +8.6% | -3.4% | +9.1% | -100.0% | — | -4.7% | +94.9% | -30.9% |
| YoY Change | — | — | — | — | +883.1% | +39.3% | -17.1% | +126.9% | -4.8% | -5.5% | +105.0% | -15.4% | +17.2% | -6.7% | -100.0% | -23.6% | -24.6% | +34.7% | — |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Marriott International's free cash flow?
- Marriott International (MAR) reported free cash flow of $657.00M in Q4 2025.
- What is the long-term trend for Marriott International's free cash flow?
- Over 4 years (2021 to 2025), Marriott International's free cash flow has grown at a 27.3% compound annual growth rate (CAGR), from $994.00M to $2.61B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.