Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Marriott InternationalMAR +1.19%87 EV-to-OCF is 29.60 as of Aug. 15, 2026, which is 9% above its 10-year median of 27.20. GuruFocus rates MAR with a GF Score™ of 87/100 and a GF Value™ of $310.96 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 855 Travel & Leisure companies, Marriott International ranks worse than 86.43% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Marriott International's Enterprise Value is $110,333 Mil.
Marriott International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $3,728 Mil. Therefore, Marriott International's EV-to-OCF for today is 29.60.
The historical rank and industry rank for Marriott International's EV-to-OCF or its related term are showing as below:
MAR'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.93 Med: 27.2 Max: 232.54
Current: 29.6
During the past 13 years, the highest EV-to-OCF of Marriott International was 232.54. The lowest was 12.93. And the median was 27.20.
MAR's EV-to-OCF is ranked worse than 86.43% of 855
companies
in the Travel & Leisure industry
Industry Median: 9.22
vs MAR: 29.60
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (NAS:MAR) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $356.72.
Marriott International's Earnings per Share (Diluted) 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 $9.650.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Marriott International's EV-to-OCF falls into.
Marriott International's current Enterprise Value is $110,333 Mil.
Marriott International's Cash Flow from Operations 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 $3,728 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-OCF of 29.60 as of Aug. 15, 2026. This is near median its historical median of 27.20. Over the past decade, Marriott International's EV-to-OCF has ranged from 12.93 to 232.54. According to the industry distribution chart, Marriott International ranks #739 out of 855 companies in the Travel & Leisure industry, placing it in the top 86.4%.
Is Marriott International's EV-to-OCF too high?
Marriott International's current EV-to-OCF of 29.60 is near median its 10-year median of 27.20. Over the past 10 years, this metric has ranged from a low of 12.93 to a high of 232.54. The Travel & Leisure industry median EV-to-OCF is 9.22. Marriott International's value of 29.60 is 221% above this industry median. Based on the distribution chart, Marriott International ranks #739 out of 855 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. 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 EV-to-OCF compare to HLT and H?
According to the Travel & Leisure industry distribution chart, Marriott International ranks #739 out of 855 companies for EV-to-OCF. This places Marriott International in the lower half of its industry. The industry median EV-to-OCF is 9.22. Marriott International's value of 29.60 is 221% above this benchmark. Historically, Marriott International's own EV-to-OCF has ranged from 12.93 to 232.54 over the past decade. While the company's 10-year median is 27.20 vs. the industry median of 9.22, 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-OCF for a Travel & Leisure company?
The median EV-to-OCF among Travel & Leisure companies is 9.22, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott International's current EV-to-OCF of 29.60 is 221% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median EV-to-OCF is 9.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott International's current EV-to-OCF is 29.60, which is near median its own 10-year median of 27.20. 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 $310.96, compared to a current price of $356.72 — trading 14.7% above its estimated fair value. The current EV-to-OCF is 29.60, which is near median its 10-year median of 27.20 and 221% above the Travel & Leisure industry median of 9.22. 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 EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Marriott International (MAR), the current EV-to-OCF is 29.60 as of Aug. 15, 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 $356.72 is trading 14.7% above its estimated GF Value™ of $310.96.
GuruFocus considers Marriott International to be Modestly Overvalued.
Key valuation signals for MAR:
EV-to-OCF: 29.60 (near median its 10-year median of 27.20)
GF Value™: $310.96 vs. price of $356.72 (14.7% above fair value)
Industry Position: 221% above the Travel & Leisure median (#739 of 855)
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
Get the complete analysis for MAR
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MAR has been successfully added to your 
