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Marriott InternationalMAR -0.67%89 EV-to-EBITDA is 23.31 as of Aug. 01, 2026, which is 16% above its 10-year median of 20.13. GuruFocus rates MAR with a GF Score™ of 89/100 and a GF Value™ of $302.90 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 693 Travel & Leisure companies, Marriott International ranks worse than 81.24% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Marriott International's enterprise value is $115,263 Mil.
Marriott International's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $4,944 Mil. Therefore, Marriott International's EV-to-EBITDA for today is 23.31.
The historical rank and industry rank for Marriott International's EV-to-EBITDA or its related term are showing as below:
MAR'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.41 Med: 20.13 Max: 184.68
Current: 23.31
During the past 13 years, the highest EV-to-EBITDA of Marriott International was 184.68. The lowest was 12.41. And the median was 20.13.
MAR's EV-to-EBITDA is ranked worse than 81.24% of 693
companies
in the Travel & Leisure industry
Industry Median: 9.64
vs MAR: 23.31
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Marriott International (NAS:MAR) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Marriott International's PE Ratio (TTM) for today is calculated as:
Marriott International's share price for today is $372.83.
Marriott International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.530.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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 EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Marriott International's EV-to-EBITDA falls into.
Marriott International's current Enterprise Value is $115,263 Mil.
Marriott International's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,944 Mil.
* 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 (MAR) has a EV-to-EBITDA of 23.31 as of Aug. 01, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Marriott International. This is 16% above median its historical median of 20.13. Over the past decade, Marriott International's EV-to-EBITDA has ranged from 12.41 to 184.68. According to the industry distribution chart, Marriott International ranks #563 out of 693 companies in the Travel & Leisure industry, placing it in the top 81.2%.
Is Marriott International's EV-to-EBITDA too high?
Marriott International's current EV-to-EBITDA of 23.31 is 16% above median its 10-year median of 20.13. Over the past 10 years, this metric has ranged from a low of 12.41 to a high of 184.68. The Travel & Leisure industry median EV-to-EBITDA is 9.64. Marriott International's value of 23.31 is 141.8% above this industry median. Based on the distribution chart, Marriott International ranks #563 out of 693 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Marriott International has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marriott International's EV-to-EBITDA compare to HLT and H?
According to the Travel & Leisure industry distribution chart, Marriott International ranks #563 out of 693 companies for EV-to-EBITDA. This places Marriott International in the lower half of its industry. The industry median EV-to-EBITDA is 9.64. Marriott International's value of 23.31 is 141.8% above this benchmark. Historically, Marriott International's own EV-to-EBITDA has ranged from 12.41 to 184.68 over the past decade. While the company's 10-year median is 20.13 vs. the industry median of 9.64, Marriott International has consistently been above 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 EV-to-EBITDA for a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.64, based on 693 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott International's current EV-to-EBITDA of 23.31 is 141.8% above 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Marriott International. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott International's current EV-to-EBITDA is 23.31, which is 16% above median its own 10-year median of 20.13. 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 $302.90, compared to a current price of $372.83 — trading 23.1% above its estimated fair value. The current EV-to-EBITDA is 23.31, which is 16% above median its 10-year median of 20.13 and 141.8% above the Travel & Leisure industry median of 9.64. Marriott International's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Marriott International (MAR), the current EV-to-EBITDA is 23.31 as of Aug. 01, 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 $372.83 is trading 23.1% above its estimated GF Value™ of $302.90.
GuruFocus considers Marriott International to be Modestly Overvalued.
Key valuation signals for MAR:
EV-to-EBITDA: 23.31 (16% above median its 10-year median of 20.13)
GF Value™: $302.90 vs. price of $372.83 (23.1% above fair value)
Industry Position: 141.8% above the Travel & Leisure median (#563 of 693)
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.
89GF Score
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