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Marriott International MAR Contract Services, Excluding Loyalty Program — Contract with Customer, Liability, Noncurrent

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Other financials

Income statement

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Revenue$6.7B+6.2%
Operating income$1.2B-0.6%
Net income$766.0M+0.4%
EPS (diluted)$2.90+4.3%

Balance sheet

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Cash & equivalents$468.0M-14.3%
Total debt$18.7B+10.6%
Total equity-$4.1B-29.2%
Total assets$27.9B+4.5%

Cash flow

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Operating cash flow$858.0M+32.6%
CapEx$130.0M-3.7%
Free cash flow$728.0M+42.2%

Valuation

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Market cap$94.22B+32.1%
Enterprise value$112.48B+28.0%
P/E36.4×+7.5×

Profitability

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Operating margin16%+0.9pp
Net margin9.7%0.0pp
FCF margin10.6%+3.3pp

Returns & leverage

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Return on equity286.4%+138pp
Debt / equity87×+80.5×
Current ratio0.5×0.0×

Where this comes from

Reported directly by Marriott International in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Marriott International’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 8:52 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001048286-26-000014
Line item(Unaudited) / March 31, 2026December 31, 2025
Long-term debt15,32014,995
Liability for guest loyalty program4,6814,495
Deferred tax liabilities9079
Deferred revenue1,2191,200
Operating lease liabilities876879
Other noncurrent liabilities1,2471,265
Stockholders’ deficit
Class A Common Stock55

Item 1. Financial Statements

FAQ

What is Marriott International's contract services, excluding loyalty program — contract with customer, liability, noncurrent?
Marriott International (MAR) reported contract services, excluding loyalty program — contract with customer, liability, noncurrent of $1.22B in Q1 2026.
How has Marriott International's contract services, excluding loyalty program — contract with customer, liability, noncurrent changed year-over-year?
Marriott International's contract services, excluding loyalty program — contract with customer, liability, noncurrent increased by 6.6% year-over-year, from $1.14B to $1.22B.
What is the long-term trend for Marriott International's contract services, excluding loyalty program — contract with customer, liability, noncurrent?
Over 4 years (2021 to 2025), Marriott International's contract services, excluding loyalty program — contract with customer, liability, noncurrent has grown at a -2.3% compound annual growth rate (CAGR), from $5.11B to $4.66B.
What does contract services, excluding loyalty program — contract with customer, liability, noncurrent mean?
This represents the long-term portion of contract liabilities arising from customer agreements that extend beyond one year. It reflects obligations to provide future services, such as management or franchise support, for which payment has been received in advance. This metric is critical for assessing the long-term stability of the company's service-based revenue streams.

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