MAR (Marriott International) Debt-to-Equity : -5.97 (As of Sep. 2024)

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What is Marriott International Debt-to-Equity?

Marriott International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $960 Mil. Marriott International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $13,502 Mil. Marriott International's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-2,421 Mil. Marriott International's debt to equity for the quarter that ended in Sep. 2024 was -5.97.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Marriott International's Debt-to-Equity or its related term are showing as below:

MAR' s Debt-to-Equity Range Over the Past 10 Years
Min: -653.95 Med: 2.11 Max: 83.44
Current: -5.97

During the past 13 years, the highest Debt-to-Equity Ratio of Marriott International was 83.44. The lowest was -653.95. And the median was 2.11.

MAR's Debt-to-Equity is not ranked
in the Travel & Leisure industry.
Industry Median: 0.44 vs MAR: -5.97

Marriott International Debt-to-Equity Historical Data

The historical data trend for Marriott International's Debt-to-Equity 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 Debt-to-Equity Chart

Marriott International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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16.82

26.04

7.95

19.54

-18.71

Marriott International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-19.27	-18.71	-8.36	-6.68	-5.97

Competitive Comparison of Marriott International's Debt-to-Equity

For the Lodging subindustry, Marriott International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Marriott International's Debt-to-Equity falls into.

Marriott International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marriott International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(553	+	12207)	/	-682
	=	-18.71

Marriott International's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(960	+	13502)	/	-2421
	=	-5.97

Marriott International (NAS:MAR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Marriott International Debt-to-Equity Related Terms

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

Marriott International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Marriott International Inc (NAS:MAR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MAR:Mexico 1MAR:Italy 0JYW:UK MAQ:Germany MAQ:Germany M1TT34:Brazil MAR:Austria

Address

7750 Wisconsin Avenue, Bethesda, MD, USA, 20814

Website

https://www.marriott.com

Marriott operates 1.7 million rooms across roughly 30 brands. At the end of 2023, luxury represented roughly 10% of total rooms, premium 42%, select service was 46%, midscale 1%, and other 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 97% of total rooms as of Dec. 31, 2023. North America makes up 63% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.

Executives

William P Brown	officer: Pres. & Managing Dir., Europe	10400 FERNWOOD ROAD, BETHESDA MD 20817
Anthony Capuano	officer: EVP - Lodging Development	10400 FERNWOOD ROAD, BETHESDA MD 20817
Kathleen K. Oberg	officer: CFO	10400 FERNWOOD ROAD, BETHESDA MD 20817
Benjamin T. Breland	officer: EVP & Chief HR Officer	10400 FERNWOOD ROAD, BETHESDA MD 20817
Drew Pinto	officer: EVP, Chf. Rev & Technology	7750 WISCONSIN AVE, BETHESDA MD 20814-3522
Felitia Lee	officer: Controller and CAO	10400 FERNWOOD ROAD, BETHESDA MD 20817
Rena Hozore Reiss	officer: EVP & General Counsel	71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Peggy Fang Roe	officer: EVP & Chf. Customer Officer	100 COMMERCE LANE, APT. 1401, BETHESDA MD 20814
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
Satyajit Anand	officer: President, EMEA	7750 WISCONSIN AVE, BETHESDA MD 20814-3522
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	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