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Marriott InternationalMAR -1.60%87 Earnings Yield (Joel Greenblatt) % is 3.75% as of Jun. 2026, which is 14% below its 10-year median of 4.35. GuruFocus rates MAR with a GF Score™ of 87/100 and a GF Value™ of $308.85 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 857 Travel & Leisure companies, Marriott International ranks worse than 55.54% on this metric.
Marriott International's Enterprise Value for the quarter that ended in Jun. 2026 was $115,333 Mil.
Marriott International's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $4,327 Mil. Marriott International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 3.75%.
The historical rank and industry rank for Marriott International's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
MAR'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.1 Med: 4.35 Max: 7.44
Current: 3.95
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Marriott International was 7.44%. The lowest was -0.10%. And the median was 4.35%.
MAR's Earnings Yield (Joel Greenblatt) % is ranked worse than 55.54% of 857
companies
in the Travel & Leisure industry
Industry Median: 4.76
vs MAR: 3.95
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Marriott International's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 22.08%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Marriott International (NAS:MAR) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Marriott International Earnings Yield (Joel Greenblatt) % Related Terms
Marriott International Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Marriott International's Earnings Yield (Joel Greenblatt) % 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.
Marriott International Earnings Yield (Joel Greenblatt) % Chart
MAR vs HLT, H, HTHT: Earnings Yield (Joel Greenblatt) % Comparison
For the Lodging subindustry, Marriott International's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Marriott International's Earnings Yield (Joel Greenblatt) % falls into.
Marriott International Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Marriott Internationals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Marriott International's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,327 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.75% mean?
Marriott International (MAR) has a Earnings Yield (Joel Greenblatt) % of 3.75% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Marriott International and its competitors. This is 14% below median its historical median of 4.35. According to the industry distribution chart, Marriott International ranks #476 out of 857 companies in the Travel & Leisure industry, placing it in the top 55.5%.
Is Marriott International's Earnings Yield (Joel Greenblatt) % too high?
Marriott International's current Earnings Yield (Joel Greenblatt) % of 3.75% is 14% below median its 10-year median of 4.35. The Travel & Leisure industry median Earnings Yield (Joel Greenblatt) % is 4.76. Marriott International's value of 3.75% is 21.2% below this industry median. Based on the distribution chart, Marriott International ranks #476 out of 857 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Marriott International has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marriott International's Earnings Yield (Joel Greenblatt) % compare to HLT and H?
According to the Travel & Leisure industry distribution chart, Marriott International ranks #476 out of 857 companies for Earnings Yield (Joel Greenblatt) %. This places Marriott International in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.76. Marriott International's value of 3.75% is 21.2% below this benchmark. While the company's 10-year median is 4.35 vs. the industry median of 4.76, Marriott International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Travel & Leisure company?
The median Earnings Yield (Joel Greenblatt) % among Travel & Leisure companies is 4.76, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott International's current Earnings Yield (Joel Greenblatt) % of 3.75% is 21.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Marriott International and its competitors. For the Travel & Leisure industry, the median Earnings Yield (Joel Greenblatt) % is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott International's current Earnings Yield (Joel Greenblatt) % is 3.75%, which is 14% below median its own 10-year median of 4.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marriott International stock overvalued right now?
Based on GuruFocus' analysis, Marriott International (MAR) is currently considered Modestly Overvalued. The stock's GF Value™ is $308.85, compared to a current price of $353.91 — trading 14.6% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.75%, which is 14% below median its 10-year median of 4.35 and 21.2% below the Travel & Leisure industry median of 4.76. Marriott International's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Marriott International (MAR), the current Earnings Yield (Joel Greenblatt) % is 3.75% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Marriott International (MAR) Overvalued in 2026?
Based on GuruFocus' analysis, Marriott International stock appears to be overvalued.
The current stock price of $353.91 is trading 14.6% above its estimated GF Value™ of $308.85.
GuruFocus considers Marriott International to be Modestly Overvalued.
Key valuation signals for MAR:
Earnings Yield (Joel Greenblatt) %: 3.75% (14% below median its 10-year median of 4.35)
GF Value™: $308.85 vs. price of $353.91 (14.6% above fair value)
Industry Position: 21.2% below the Travel & Leisure median (#476 of 857)
No single metric tells the full story. See the MAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marriott operates 1.8 million rooms across roughly 30 brands. At the end of 2025, luxury represented roughly 10% of total rooms, premium was 42%, select service was 46%, and midscale was 2%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 99% of total rooms as of Dec. 31, 2025. North America makes up 61% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.
87GF Score
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