Market Cap : 50.96 B | Enterprise Value : 60.25 B | PE Ratio : 29.68 | PB Ratio : 28.83 |
---|
NAS:MAR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NAS:MAR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Marriott International's Enterprise Value for the quarter that ended in Jun. 2022 was $53,548 Mil. Marriott International's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $2,572 Mil. Marriott International's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was 4.80%.
The historical rank and industry rank for Marriott International's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Marriott International was 7.29%. The lowest was -0.10%. And the median was 4.67%.
MAR's Earnings Yield (Joel Greenblatt) % is ranked better thanJoel 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. 2022 was -14.87%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.
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.
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.
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.
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. 2021 is calculated as
Earnings Yield (Joel Greenblatt) | = | EBIT | / | Enterprise Value |
= | 1600 | / | 63762.62964 | |
= | 2.51 % |
Marriott International's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,572 Mil.
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.
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.
Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.
Thank you for viewing the detailed overview of Marriott International's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Goren Isabella D | director | C/O LYONDELLBASELL INDUSTRIES N V DELFTSEPLEIN 27E ROTTERDAM P7 3013AA |
Breland Benjamin T. | officer: EVP & Chief HR Officer | 10400 FERNWOOD ROAD BETHESDA MD 20817 |
Rozanski Horacio | director | 8283 GREENSBORO DRIVE MCLEAN VA 22102 |
Lee Felitia | officer: Controller and CAO | 10400 FERNWOOD ROAD BETHESDA MD 20817 |
Mccarthy Margaret M | director | AETNA INC. 151 FARMINGTON AVENUE HARTFORD CT 06156 |
Brown William P | officer: Pres. & Managing Dir., Europe | 10400 FERNWOOD ROAD BETHESDA MD 20817 |
Reiss Rena Hozore | officer: EVP & General Counsel | 71 SOUTH WACKER DRIVE 12TH FLOOR CHICAGO IL 60606 |
Duncan Bruce W | director | ONE NORTH WACKER DRIVE SUITE 4200 CHICAGO IL 60606 |
Hippeau Eric | director | STARWOOD HOTELS & RESORTS WORLDWIDE 44 SOUTH BROADWAY WHITE PLAINS NY 10601 |
Lewis Aylwin B | director | 111 N. CANAL SUITE 850 CHICAGO IL 60606 |
Oberg Kathleen K. | officer: CFO | 10400 FERNWOOD ROAD BETHESDA MD 20817 |
Smith Craig S. | officer: Pres. Mgn. Dir. Asia Pacific | 10400 FERNWOOD ROAD BETHESDA MD 20817 |
Schwab Susan C | 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 |
Bauduin Val | officer: Controller & CAO | 10400 FERNWOOD ROAD BETHESDA MD 20817 |
From GuruFocus
Other Sources
By Zacks 2022-03-17
By Zacks 2022-02-24
By Zacks 2022-03-16
By Zacks 2022-03-15
By Zacks 2022-03-15
By Zacks 2022-02-24
By Zacks 2022-03-17
By Zacks 2022-03-14
By Zacks 2022-03-16
By Zacks 2022-03-07
By tipranks.com 2022-03-23
By Zacks 2022-03-18
By tipranks.com 2022-02-27