Marriott International (NAS:MAR) Retained Earnings

: $12,975 Mil (As of Mar. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Marriott International's retained earnings for the quarter that ended in Mar. 2023 was $12,975 Mil.

Marriott International's quarterly retained earnings increased from Sep. 2022 ($11,795 Mil) to Dec. 2022 ($12,342 Mil) and increased from Dec. 2022 ($12,342 Mil) to Mar. 2023 ($12,975 Mil).

Marriott International's annual retained earnings increased from Dec. 2020 ($9,206 Mil) to Dec. 2021 ($10,305 Mil) and increased from Dec. 2021 ($10,305 Mil) to Dec. 2022 ($12,342 Mil).

Marriott International Retained Earnings Historical Data

The historical data trend for Marriott International's Retained Earnings 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 Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

8,982.00

9,644.00

9,206.00

10,305.00

12,342.00

Marriott International Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Retained Earnings																10,682.00	11,262.00	11,795.00	12,342.00	12,975.00

Marriott International Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Marriott International (NAS:MAR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Marriott International (NAS:MAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Marriott International Inc (NAS:MAR) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

MAR:Mexico MAQ:Germany MAR:Austria

Address

10400 Fernwood Road, Bethesda, MD, USA, 20817

Website

https://www.marriott.com

Marriott operates about 1.5 million rooms across roughly 30 brands. At the end of 2021, luxury represented 10% of total rooms, while full service, limited service, and time-shares were 43%, 46%, and 2% of all units, respectively. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represent 97% of total rooms. North America makes up two thirds of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.

Executives

Isabella D Goren	director	C/O LYONDELLBASELL INDUSTRIES N V, DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Benjamin T. Breland	officer: EVP & Chief HR Officer	10400 FERNWOOD ROAD, BETHESDA MD 20817
Horacio Rozanski	director	8283 GREENSBORO DRIVE, MCLEAN VA 22102
Felitia Lee	officer: Controller and CAO	10400 FERNWOOD ROAD, BETHESDA MD 20817
Margaret M Mccarthy	director	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
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
Bruce W Duncan	director	ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Eric Hippeau	director	STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Aylwin B Lewis	director	111 N. CANAL, SUITE 850, CHICAGO IL 60606
Kathleen K. Oberg	officer: CFO	10400 FERNWOOD ROAD, BETHESDA MD 20817
Craig S. Smith	officer: Pres. Mgn. Dir. Asia Pacific	10400 FERNWOOD ROAD, BETHESDA MD 20817
Susan C Schwab	director	2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742
Juliana B. Marriott Marital Trust	other: Member of a 10% Group	6106 MACARTHER BOULEVARD, SUITE 110, BETHESDA MD 20816
Val Bauduin	officer: Controller & CAO	10400 FERNWOOD ROAD, BETHESDA MD 20817