Switch to:
Marriott International Inc (NAS:MAR)
EV/EBIT
22.70 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Marriott International Inc's enterprise value is $26,309 Mil. Marriott International Inc's operating income for the trailing twelve months (TTM) ended in Dec. 2014 was $1,159 Mil. Therefore, Marriott International Inc's EV/EBIT ratio for today is 22.70.

MAR' s 10-Year EV/EBIT Range
Min: -1364.2   Max: 129.2
Current: 22.7

-1364.2
129.2

During the past 13 years, the highest EV/EBIT Ratio of Marriott International Inc was 129.20. The lowest was -1364.20. And the median was 19.60.

MAR's EV/EBITis ranked higher than
77% of the 1377 Companies
in the Global Lodging industry.

( Industry Median: 30.48 vs. MAR: 22.70 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Marriott International Inc's enterprise value for the quarter that ended in Dec. 2014 was $25,788 Mil. Marriott International Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2014 was $1,159 Mil. Marriott International Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2014 was 4.49%.


Definition

Marriott International Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=26309.226/1159
=22.70

Marriott International Inc's current Enterprise Value is $26,309 Mil.
Marriott International Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2014 was 254 (Mar. 2014 ) + 316 (Jun. 2014 ) + 298 (Sep. 2014 ) + 291 (Dec. 2014 ) = $1,159 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

Marriott International Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2014 )
=1159/25787.5808
=4.49 %

Marriott International Inc's Enterprise Value for the quarter that ended in Dec. 2014 was $25,788 Mil.
Marriott International Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2014 was 254 (Mar. 2014 ) + 316 (Jun. 2014 ) + 298 (Sep. 2014 ) + 291 (Dec. 2014 ) = $1,159 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Marriott International Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 21.0117.4412.8612.25-74.6723.8522.5915.3617.9522.25

Marriott International Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
ev2ebit 16.7215.3616.2414.8214.7817.9519.3020.7521.1922.25
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK