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Operating margin at other companies

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32.6%+0.1pp
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Expedia Group, Inc.EXPE
14.4%+4.6pp
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20.5%-1.7pp
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Hilton WorldwideHLT
23.1%+2.1pp
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Other financials

Income statement

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Revenue$6.7B+6.2%
Operating income$1.1B+12.2%
Net income$648.0M-2.6%
EPS (diluted)$2.43+1.7%

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$104.05B+32.1%
Enterprise value$122.32B+28.0%
P/E40.3×+8.5×
P/S3.9×+0.8×

Profitability

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Net margin9.7%0.0pp

Returns & leverage

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

Where this comes from

Calculated from Marriott International’s reported figures.

Based on trailing twelve months.

The official record: Marriott International’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marriott International's operating margin?
Marriott International (MAR) reported operating margin of 16% in Q1 2026.
How has Marriott International's operating margin changed year-over-year?
Marriott International's operating margin increased by 5.9% year-over-year, from 15.1% to 16%.
What is the long-term trend for Marriott International's operating margin?
Over 4 years (2021 to 2025), Marriott International's operating margin has grown at a 21.1% compound annual growth rate (CAGR), from 28.8% to 61.9%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.