# MARRIOTT INTERNATIONAL INC /MD/ (MAR) · Edgar & Edgarette company card

> Marriott International (MAR) grew revenue 4.3% in FY2025 to $26.2 billion, operating margin 15.8%, in line with the 15.8% median for hotels & motels, equity -13.7% of assets, and dividend per share up 4 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1048286 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MAR) · [JSON](https://www.pops4.com/boards/company/MAR.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $26.2B |
| Revenue growth, 1 year | 4.3% |
| Revenue growth per year | 17.2% |
| Operating margin | 15.8% (prior year 15.0%) |
| Net margin | 9.9% |
| Operating cash flow | $3.2B |
| Capital spending | $604M |
| Free cash flow | $2.6B |
| Cash | $358M |
| Long-term debt | $16.2B |
| Total assets | $27.5B |
| Total equity | −$3.8B |
| Equity ÷ assets | -13.7% |
| Return on equity | — |
| Dividend per share | $2.64 |
| Dividend years rising | 4 |

## Readings, computed from those figures

- Altman Z: 1.92 (grey zone)
- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: Sound ship · one warning sign · liabilities exceed assets (often from years of share buybacks, not always distress)
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $26.2B (FY2025), total debt $16.2B. Experience: revenue up 4.3% on the year, up 17.2% a year over 4 years; operating margin 15.8%, up from 15.0%. Soundness: equity -13.7% of assets (liabilities exceed assets), payout 27.6% of profit, dividend per share up 4 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $22.5B and $31.9B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $19.3B to $36.6B. A statistical range, not company guidance. Against peers (19 filers, $50M+ revenue, hotels & motels): operating margin 15.8% against a 15.8% median; growth 4.3% against 3.8%.

Range logged 2026-09-25, receipt 94bb1ae92f568f44, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-02-06 ([filing](https://www.sec.gov/Archives/edgar/data/1048286/000119312526041097/0001193125-26-041097-index.htm))

## Recent filings

- 8-K · filed 2026-09-24 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1048286/000119312526401051/0001193125-26-401051-index.htm)
- 8-K · filed 2026-08-13 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1048286/000119312526349395/0001193125-26-349395-index.htm)
- 10-Q · filed 2026-08-03 · [filing](https://www.sec.gov/Archives/edgar/data/1048286/000104828626000035/0001048286-26-000035-index.htm)
- 8-K · filed 2026-08-03 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1048286/000104828626000033/0001048286-26-000033-index.htm)
- 8-K · filed 2026-05-13 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1048286/000119312526220804/0001193125-26-220804-index.htm)
- 10-Q · filed 2026-05-06 · [filing](https://www.sec.gov/Archives/edgar/data/1048286/000104828626000014/0001048286-26-000014-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001048286.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1048286

## Cite

POPS4, Edgar & Edgarette: MARRIOTT INTERNATIONAL INC /MD/ (MAR) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/MAR. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.