MARRIOTT INTERNATIONAL INC /MD/
MAR · Hotels & Motels · 263.7M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $3.7B (gross $4.0B, SBC $205M)
Reference price $361.56 · est. market cap ~$95.3B — last insider sale, 2026-05-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A86Asset-light, wide-moat global hotel franchise with top-decile returns and durable brand/loyalty scale.
Strengths
- ROA 85th pct and net margin 67th pct on a fee-driven, capital-light model (<1% owned)
- Dominant brand portfolio (9,805 properties, ~610k-room pipeline) with Bonvoy switching costs and pricing power
Risks
- Negative book equity and ROE (-0.69) are buyback artifacts, not distress, but mask leverage
- Cyclical, fee-dependent revenue exposed to travel demand and hotel-owner credit
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Negative equityNegative book equity (debt/equity -0.01)
- Weak liquidityCurrent ratio 0.43 (<1)
- Strong balance sheetStrong balance sheet — $358M cash & investments
- Buying back stockNet buyback — share count -3%/yr over 4y
- Insider sellingInsider selling — 12 open-market sale(s) by 9 insider(s) (cluster of 9 insiders, ~$37M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
15.8%
Net margin
9.9%
Return on equity
-69.0%
Return on assets
9.4%
Revenue growth (QoQ)
-0.5%
Net-income growth
9.5%
Debt / equity
-0.0×
Current ratio
0.4×
Tangible book value
-$23.0B
Cash & investments
$358M
Stock comp / revenue
0.9%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-10 | MARRIOTT J W JR | Gift | 18K | — |
| 2026-05-18 | Roe Peggy | Sell | 3.0K | $361.56 |
| 2026-05-18 | MARRIOTT J W JR | Gift | 52 | — |
| 2026-05-18 | Harrison Deborah Marriott | Gift | 52 | — |
| 2026-05-13 | Mao Yibing | Sell | 4.8K | $347.72 |
| 2026-05-11 | Tresvant Sean | Grant | 670 | — |
| 2026-05-11 | LEWIS AYLWIN B | Grant | 670 | — |
| 2026-05-11 | SCHWAB SUSAN C | Grant | 670 | — |
| 2026-05-11 | Harrison Deborah Marriott | Grant | 670 | — |
| 2026-05-11 | Goren Isabella D | Grant | 670 | — |
| 2026-05-11 | Reid Grant | Grant | 670 | — |
| 2026-05-11 | Hill David Shawn | Grant | 87 | $350.84 |
| 2026-05-11 | Hill David Shawn | Grant | 87 | $350.84 |
| 2026-05-11 | ROZANSKI HORACIO | Grant | 670 | — |
| 2026-05-11 | Hobart Lauren R | Grant | 670 | — |
| 2026-05-11 | McCarthy Margaret M | Grant | 670 | — |
| 2026-05-11 | Henderson Frederick A. | Grant | 670 | — |
| 2026-05-08 | Harrison Deborah Marriott | Gift | 52 | — |
| 2026-05-08 | Harrison Deborah Marriott | Gift | 936 | — |
| 2026-05-08 | MARRIOTT J W JR | Gift | 2.3K | — |
| 2026-05-08 | Marriott David S | Gift | 52 | — |
| 2026-05-08 | Harrison Deborah Marriott | Gift | 52 | — |
| 2026-05-08 | Marriott David S | Gift | 52 | — |
| 2026-03-31 | LEWIS AYLWIN B | Grant | 11 | $326.05 |
| 2026-03-16 | Hill David Shawn | Tax withheld | 382 | $320.11 |
| 2026-02-19 | Menon Rajeev | Sell | 3.5K | $354.00 |
| 2026-02-18 | Menon Rajeev | Tax withheld | 1.0K | $355.18 |
| 2026-02-18 | Menon Rajeev | Option exercise | 5.0K | $177.55 |
| 2026-02-18 | Menon Rajeev | Option exercise | 2.3K | $238.87 |
| 2026-02-18 | Menon Rajeev | Option exercise | 1.2K | $286.82 |
| 2026-02-18 | Menon Rajeev | Sell | 6.3K | $356.61 |
| 2026-02-18 | Menon Rajeev | Tax withheld | 2.5K | $356.27 |
| 2026-02-18 | Brown William P | Sell | 9.5K | $358.25 |
| 2026-02-18 | Menon Rajeev | Tax withheld | 1.5K | $354.80 |
| 2026-02-18 | Breland Benjamin T. | Sell | 2.0K | $358.03 |
| 2026-02-17 | Brown William P | Tax withheld | 1.9K | $358.30 |
| 2026-02-17 | Pinto Drew | Tax withheld | 1.3K | $358.30 |
| 2026-02-17 | Pinto Drew | Tax withheld | 2.9K | $358.30 |
| 2026-02-17 | Pinto Drew | Sell | 4.0K | $359.81 |
| 2026-02-17 | Reiss Rena Hozore | Tax withheld | 1.6K | $358.30 |
| 2026-02-17 | Reiss Rena Hozore | Tax withheld | 5.1K | $358.30 |
| 2026-02-17 | Hill David Shawn | Tax withheld | 560 | $358.30 |
| 2026-02-17 | Lee Felitia | Tax withheld | 745 | $358.30 |
| 2026-02-17 | Mason Jennifer | Tax withheld | 934 | $358.30 |
| 2026-02-17 | Mao Yibing | Tax withheld | 527 | $358.30 |
| 2026-02-17 | Mao Yibing | Tax withheld | 1.6K | $358.30 |
| 2026-02-17 | Capuano Anthony | Tax withheld | 8.1K | $358.30 |
| 2026-02-17 | Capuano Anthony | Sell | 4.8K | $360.01 |
| 2026-02-17 | Capuano Anthony | Sell | 17K | $358.47 |
| 2026-02-17 | Capuano Anthony | Tax withheld | 41K | $358.30 |
| 2026-02-17 | Capuano Anthony | Sell | 42K | $359.43 |
| 2026-02-17 | Harrison Deborah Marriott | Tax withheld | 208 | $358.30 |
| 2026-02-17 | Brown William P | Tax withheld | 6.2K | $358.30 |
| 2026-02-17 | Breland Benjamin T. | Tax withheld | 1.9K | $358.30 |
| 2026-02-17 | Breland Benjamin T. | Tax withheld | 5.7K | $358.30 |
| 2026-02-17 | Anand Satyajit | Tax withheld | 1.0K | $358.30 |
| 2026-02-17 | Anand Satyajit | Tax withheld | 2.1K | $358.30 |
| 2026-02-17 | Roe Peggy | Tax withheld | 1.2K | $358.30 |
| 2026-02-17 | Roe Peggy | Tax withheld | 2.9K | $358.30 |
| 2026-02-17 | Marriott David S | Sell | 4.7K | $360.00 |
| 2026-02-13 | Hill David Shawn | Grant | 338 | $354.63 |
| 2026-02-13 | Roe Peggy | Grant | 1.5K | $354.63 |
| 2026-02-13 | Reiss Rena Hozore | Grant | 2.2K | $354.63 |
| 2026-02-13 | Pinto Drew | Grant | 1.5K | $354.63 |
| 2026-02-13 | Menon Rajeev | Grant | 1.2K | $354.63 |
| 2026-02-13 | Mason Jennifer | Grant | 2.5K | $354.63 |
| 2026-02-13 | Mao Yibing | Grant | 1.1K | $354.63 |
| 2026-02-13 | Hill David Shawn | Grant | 846 | $354.63 |
| 2026-02-13 | Lee Felitia | Grant | 891 | $354.63 |
| 2026-02-13 | Capuano Anthony | Grant | 13K | $354.63 |
| 2026-02-13 | Breland Benjamin T. | Grant | 2.8K | $354.63 |
| 2026-02-13 | Reiss Rena Hozore | Sell | 2.5K | $357.00 |
| 2026-02-13 | Anand Satyajit | Grant | 2.5K | $354.63 |
| 2026-02-13 | Hill David Shawn | Grant | 338 | $354.63 |
| 2026-02-12 | Capuano Anthony | Grant | 84K | — |
| 2026-02-11 | Mao Yibing | Grant | 4.7K | — |
| 2026-02-11 | Reiss Rena Hozore | Grant | 11K | — |
| 2026-02-11 | Pinto Drew | Grant | 6.8K | — |
| 2026-02-11 | Brown William P | Grant | 14K | — |
| 2026-02-11 | Breland Benjamin T. | Grant | 14K | — |
| 2026-02-11 | Anand Satyajit | Grant | 4.5K | — |
| 2026-02-11 | Oberg Kathleen K. | Grant | 19K | — |
| 2026-02-11 | Menon Rajeev | Grant | 4.5K | — |
| 2026-02-11 | Roe Peggy | Grant | 6.8K | — |
| 2026-01-02 | Mao Yibing | Tax withheld | 10 | $311.65 |
| 2025-12-31 | LEWIS AYLWIN B | Grant | 12 | $312.51 |
| 2025-12-31 | Mao Yibing | Grant | 1.9K | $310.24 |
| 2025-12-15 | Lee Felitia | Sell | 1.1K | $305.00 |
| 2025-12-15 | Lee Felitia | Sell | 528 | $308.00 |
| 2025-12-12 | Harrison Deborah Marriott | Gift | 2.8K | — |
| 2025-12-12 | Harrison Deborah Marriott | Gift | 2.8K | — |
| 2025-12-04 | Marriott David S | Gift | 122 | — |
| 2025-12-04 | Marriott David S | Gift | 488 | — |
| 2025-12-04 | Marriott David S | Gift | 122 | — |
| 2025-12-04 | Marriott David S | Gift | 122 | — |
| 2025-12-04 | Marriott David S | Gift | 122 | — |
| 2025-12-03 | Harrison Deborah Marriott | Gift | 2.2K | — |
| 2025-12-03 | Harrison Deborah Marriott | Gift | 2.2K | — |
| 2025-12-03 | Harrison Deborah Marriott | Gift | 123 | — |
| 2025-12-03 | MARRIOTT J W JR | Gift | 123 | — |
| 2025-11-25 | Lee Felitia | Sell | 500 | $300.00 |
| 2025-11-25 | Lee Felitia | Sell | 373 | $303.70 |
| 2025-11-17 | MARRIOTT J W JR | Gift | 380 | — |
| 2025-11-14 | Marriott David S | Gift | 132 | — |
| 2025-11-14 | Marriott David S | Gift | 131 | — |
| 2025-11-14 | Marriott David S | Gift | 132 | — |
| 2025-11-14 | Harrison Deborah Marriott | Gift | 2.2K | — |
| 2025-11-14 | Harrison Deborah Marriott | Gift | 132 | — |
| 2025-11-14 | Harrison Deborah Marriott | Gift | 131 | — |
| 2025-11-14 | Harrison Deborah Marriott | Gift | 132 | — |
| 2025-11-14 | Harrison Deborah Marriott | Gift | 2.1K | — |
| 2025-11-14 | MARRIOTT J W JR | Gift | 5.1K | — |
| 2025-11-12 | Marriott David S | Gift | 850 | — |
| 2025-11-11 | Harrison Deborah Marriott | Sell | 70K | $291.63 |
| 2025-11-10 | Breland Benjamin T. | Gift | 11 | — |
| 2025-11-10 | Roe Peggy | Sell | 2.0K | $292.12 |
| 2025-11-07 | Reiss Rena Hozore | Sell | 2.9K | $288.70 |
| 2025-11-07 | Reiss Rena Hozore | Tax withheld | 7.1K | $286.73 |
| 2025-11-07 | Reiss Rena Hozore | Tax withheld | 7.5K | $283.76 |
| 2025-11-07 | Breland Benjamin T. | Sell | 1.6K | $286.10 |
| 2025-11-07 | Anand Satyajit | Disposition | 2.7K | $287.90 |
| 2025-11-07 | Anand Satyajit | Tax withheld | 4.0K | $287.95 |
| 2025-11-07 | Anand Satyajit | Option exercise | 6.7K | $66.86 |
| 2025-11-07 | Reiss Rena Hozore | Option exercise | 10K | $139.54 |
| 2025-11-07 | Reiss Rena Hozore | Option exercise | 10K | $124.79 |
| 2025-11-07 | Reiss Rena Hozore | Sell | 2.6K | $285.36 |
| 2025-11-06 | Brown William P | Sell | 6.7K | $280.04 |
| 2025-09-30 | LEWIS AYLWIN B | Grant | 14 | $262.69 |
| 2025-08-26 | Roe Peggy | Gift | 200 | — |
| 2025-08-15 | Oberg Kathleen K. | Tax withheld | 9.1K | $266.63 |
| 2025-06-30 | LEWIS AYLWIN B | Grant | 13 | $273.16 |
| 2025-06-24 | Menon Rajeev | Sell | 2.5K | $268.28 |
| 2025-05-30 | Capuano Anthony | Sell | 12K | $263.90 |
| 2025-05-13 | Breland Benjamin T. | Sell | 850 | $275.03 |
| 2025-05-12 | Breland Benjamin T. | Sell | 1.0K | $270.21 |
| 2025-05-12 | ROZANSKI HORACIO | Grant | 868 | — |
| 2025-05-12 | McCarthy Margaret M | Grant | 868 | — |
| 2025-05-12 | LEE DEBRA L | Grant | 868 | — |
| 2025-05-12 | Henderson Frederick A. | Grant | 868 | — |
| 2025-05-12 | Hobart Lauren R | Grant | 868 | — |
| 2025-05-12 | Reid Grant | Grant | 868 | — |
| 2025-05-12 | Tresvant Sean | Grant | 868 | — |
| 2025-05-12 | Goren Isabella D | Grant | 868 | — |
| 2025-05-12 | LEWIS AYLWIN B | Grant | 868 | — |
| 2025-05-12 | SCHWAB SUSAN C | Grant | 868 | — |
| 2025-05-12 | Harrison Deborah Marriott | Grant | 868 | — |
| 2025-03-31 | LEWIS AYLWIN B | Grant | 15 | $235.30 |
| 2025-02-24 | Brown William P | Gift | 266 | — |
| 2025-02-24 | SCHWAB SUSAN C | Sell | 1.1K | $277.48 |
| 2025-02-21 | Oberg Kathleen K. | Sell | 11K | $278.60 |
| 2025-02-21 | Reiss Rena Hozore | Sell | 3.5K | $286.65 |
| 2025-02-21 | Brown William P | Tax withheld | 13K | $284.94 |
| 2025-02-21 | Brown William P | Grant | 16K | $284.94 |
| 2025-02-21 | Brown William P | Grant | 10.0K | $285.23 |
| 2025-02-21 | Brown William P | Tax withheld | 8.0K | $285.23 |
| 2025-02-21 | Brown William P | Sell | 13K | $285.63 |
| 2025-02-21 | Oberg Kathleen K. | Sell | 3.4K | $276.33 |
| 2025-02-18 | Pinto Drew | Tax withheld | 1.0K | $285.09 |
| 2025-02-18 | Marriott David S | Tax withheld | 472 | $285.09 |
| 2025-02-18 | Breland Benjamin T. | Tax withheld | 4.2K | $285.09 |
| 2025-02-18 | Breland Benjamin T. | Tax withheld | 3.1K | $285.09 |
| 2025-02-18 | Harrison Deborah Marriott | Tax withheld | 486 | $285.09 |
| 2025-02-18 | Roe Peggy Fang | Tax withheld | 1.2K | $285.09 |
| 2025-02-18 | Reiss Rena Hozore | Tax withheld | 3.3K | $285.09 |
| 2025-02-18 | Brown William P | Tax withheld | 2.0K | $285.09 |
| 2025-02-18 | Brown William P | Tax withheld | 4.7K | $285.09 |
| 2025-02-18 | Anand Satyajit | Tax withheld | 1.4K | $285.09 |
| 2025-02-18 | Capuano Anthony | Tax withheld | 8.4K | $285.09 |
| 2025-02-18 | Capuano Anthony | Tax withheld | 30K | $285.09 |
| 2025-02-18 | Mao Yibing | Tax withheld | 227 | $285.09 |
| 2025-02-18 | Reiss Rena Hozore | Tax withheld | 1.7K | $285.09 |
| 2025-02-18 | Oberg Kathleen K. | Tax withheld | 2.8K | $285.09 |
| 2025-02-18 | Oberg Kathleen K. | Tax withheld | 6.2K | $285.09 |
| 2025-02-18 | Lee Felitia | Tax withheld | 863 | $285.09 |
| 2025-02-14 | Reiss Rena Hozore | Grant | 2.8K | $286.82 |
| 2025-02-14 | Roe Peggy Fang | Grant | 1.7K | $286.82 |
| 2025-02-14 | Pinto Drew | Grant | 1.7K | $286.82 |
| 2025-02-14 | Menon Rajeev | Grant | 1.2K | $286.82 |
| 2025-02-14 | Mao Yibing | Grant | 1.2K | $286.82 |
| 2025-02-14 | Brown William P | Grant | 3.2K | $286.82 |
| 2025-02-14 | Breland Benjamin T. | Grant | 3.4K | $286.82 |
| 2025-02-14 | Oberg Kathleen K. | Grant | 4.7K | $286.82 |
| 2025-02-14 | Capuano Anthony | Grant | 14K | $286.82 |
| 2025-02-14 | Anand Satyajit | Grant | 1.2K | $286.82 |
| 2025-02-14 | Lee Felitia | Grant | 1.6K | $286.82 |
| 2025-02-13 | Capuano Anthony | Grant | 63K | — |
| 2025-02-12 | Reiss Rena Hozore | Grant | 8.0K | — |
| 2025-02-12 | Brown William P | Grant | 10K | — |
| 2025-02-12 | Oberg Kathleen K. | Grant | 14K | — |
| 2025-02-12 | Breland Benjamin T. | Grant | 8.0K | — |
| 2025-01-02 | Mao Yibing | Tax withheld | 10 | $277.38 |
| 2024-12-31 | LEWIS AYLWIN B | Grant | 13 | $279.71 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
- Sonder Holdings Inc.
Suppliers (1)
- citizenM Holding BV
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-13 | 2026-05-08 | 0001193125-26-220804 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001048286-26-000012 ↗ |
| 10-Q | 2026-05-06 | 2026-03-31 | 0001048286-26-000014 ↗ |
| 8-K | 2026-02-20 | 2026-02-18 | 0001193125-26-061350 ↗ |
| 10-K | 2026-02-10 | 2025-12-31 | 0001048286-26-000007 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001048286-26-000005 ↗ |
| 8-K | 2026-02-06 | 2026-02-03 | 0001193125-26-041097 ↗ |
| 8-K | 2026-01-09 | 2026-01-06 | 0001193125-26-008335 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0001048286-25-000011 ↗ |
| 10-Q | 2025-11-04 | 2025-09-30 | 0001048286-25-000013 ↗ |
| 8-K | 2025-08-20 | 2025-08-18 | 0001193125-25-184082 ↗ |
| 8-K | 2025-08-05 | 2025-08-05 | 0001628280-25-037592 ↗ |