GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Marriott International Inc (NAS:MAR) » Definitions » Return-on-Tangible-Asset

MAR (Marriott International) Return-on-Tangible-Asset : 32.80% (As of Mar. 2025)


View and export this data going back to 1998. Start your Free Trial

What is Marriott International Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Marriott International's annualized Net Income for the quarter that ended in Mar. 2025 was $2,660 Mil. Marriott International's average total tangible assets for the quarter that ended in Mar. 2025 was $8,110 Mil. Therefore, Marriott International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 32.80%.

The historical rank and industry rank for Marriott International's Return-on-Tangible-Asset or its related term are showing as below:

MAR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.84   Med: 21.3   Max: 41.68
Current: 31.4

During the past 13 years, Marriott International's highest Return-on-Tangible-Asset was 41.68%. The lowest was -3.84%. And the median was 21.30%.

MAR's Return-on-Tangible-Asset is ranked better than
97.75% of 844 companies
in the Travel & Leisure industry
Industry Median: 2.2 vs MAR: 31.40

Marriott International Return-on-Tangible-Asset Historical Data

The historical data trend for Marriott International's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marriott International Return-on-Tangible-Asset Chart

Marriott International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.84 15.60 31.97 41.68 30.53

Marriott International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.52 40.15 30.11 23.06 32.80

Competitive Comparison of Marriott International's Return-on-Tangible-Asset

For the Lodging subindustry, Marriott International's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marriott International's Return-on-Tangible-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Marriott International's Return-on-Tangible-Asset falls into.


;
;

Marriott International Return-on-Tangible-Asset Calculation

Marriott International's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=2375/( (7598+7963)/ 2 )
=2375/7780.5
=30.53 %

Marriott International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=2660/( (7963+8256)/ 2 )
=2660/8109.5
=32.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Marriott International  (NAS:MAR) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Marriott International Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Marriott International's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Marriott International Business Description

Address
7750 Wisconsin Avenue, Bethesda, MD, USA, 20814
Marriott operates 1.7 million rooms across roughly 30 brands. At the end of 2024, luxury represented roughly 10% of total rooms, premium was 43%, select service was 45%, midscale was 1%, and other was 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 98% of total rooms as of Dec. 31, 2024. North America makes up 62% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.
Executives
Benjamin T. Breland officer: EVP & Chief HR Officer 10400 FERNWOOD ROAD, BETHESDA MD 20817
Susan C Schwab director 2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742
Kathleen K. Oberg officer: CFO 10400 FERNWOOD ROAD, BETHESDA MD 20817
William P Brown officer: Pres. & Managing Dir., Europe 10400 FERNWOOD ROAD, BETHESDA MD 20817
Rena Hozore Reiss officer: EVP & General Counsel 71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Satyajit Anand officer: President, EMEA 7750 WISCONSIN AVE, BETHESDA MD 20814-3522
Anthony Capuano officer: EVP - Lodging Development 10400 FERNWOOD ROAD, BETHESDA MD 20817
Drew Pinto officer: EVP, Chf. Rev & Technology 7750 WISCONSIN AVE, BETHESDA MD 20814-3522
Peggy Fang Roe officer: EVP & Chf. Customer Officer 100 COMMERCE LANE, APT. 1401, BETHESDA MD 20814
Felitia Lee officer: Controller and CAO 10400 FERNWOOD ROAD, BETHESDA MD 20817
Eric Hippeau director STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
David S Marriott other: 13D group owning more than 10% 10400 FERNWOOD ROAD, BETHESDA MD 20817
Rajeev Menon officer: President, APEC 7750 WISCONSIN AVE, BETHESDA MD 20814-3522
Deborah Marriott Harrison other: 13D group owning more than 10% 10400 FERNWOOD ROAD, BETHESDA MD 20817
Juliana B. Marriott Marital Trust other: Member of a 10% Group 6106 MACARTHER BOULEVARD, SUITE 110, BETHESDA MD 20816