Marriott InternationalMAR -0.87%88 EV-to-FCF is 41.81 as of Jun. 24, 2026, which is 30% above its 10-year median of 32.20. GuruFocus rates MAR with a GF Score™ of 88/100 and a GF Value™ of $300.10 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 568 Travel & Leisure companies, Marriott International ranks worse than 79.58% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Marriott International's Enterprise Value is $118,071 Mil.
Marriott International's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $2,824 Mil. Therefore, Marriott International's EV-to-FCF for today is 41.81.
The historical rank and industry rank for Marriott International's EV-to-FCF or its related term are showing as below:
MAR'
s EV-to-FCF Range Over the Past 10 Years
Min: 15 Med: 32.2 Max: 451.19
Current: 41.81
During the past 13 years, the highest EV-to-FCF of Marriott International was 451.19. The lowest was 15.00. And the median was 32.20.
MAR's EV-to-FCF is ranked worse than 79.58% of 568
companies
in the Travel & Leisure industry
Industry Median: 15.8
vs MAR: 41.81
EV-to-FCF 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-FCF Explanation
EV-to-FCF 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 $383.56.
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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Marriott International's EV-to-FCF falls into.
Marriott International's current Enterprise Value is $118,071 Mil.
Marriott International's Free Cash Flow 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 $2,824 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-FCF of 41.81 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Marriott International and its competitors. This is 30% above median its historical median of 32.20. Over the past decade, Marriott International's EV-to-FCF has ranged from 15.00 to 451.19. According to the industry distribution chart, Marriott International ranks #452 out of 568 companies in the Travel & Leisure industry, placing it in the top 79.6%.
Is Marriott International's EV-to-FCF too high?
Marriott International's current EV-to-FCF of 41.81 is 30% above median its 10-year median of 32.20. Over the past 10 years, this metric has ranged from a low of 15.00 to a high of 451.19. The Travel & Leisure industry median EV-to-FCF is 15.80. Marriott International's value of 41.81 is 164.6% above this industry median. Based on the distribution chart, Marriott International ranks #452 out of 568 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Marriott International has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marriott International's EV-to-FCF compare to HLT and H?
According to the Travel & Leisure industry distribution chart, Marriott International ranks #452 out of 568 companies for EV-to-FCF. This places Marriott International in the lower half of its industry. The industry median EV-to-FCF is 15.80. Marriott International's value of 41.81 is 164.6% above this benchmark. Historically, Marriott International's own EV-to-FCF has ranged from 15.00 to 451.19 over the past decade. While the company's 10-year median is 32.20 vs. the industry median of 15.80, 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-FCF for a Travel & Leisure company?
The median EV-to-FCF among Travel & Leisure companies is 15.80, based on 568 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott International's current EV-to-FCF of 41.81 is 164.6% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Marriott International and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 15.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott International's current EV-to-FCF is 41.81, which is 30% above median its own 10-year median of 32.20. 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 $300.10, compared to a current price of $383.56 — trading 27.8% above its estimated fair value. The current EV-to-FCF is 41.81, which is 30% above median its 10-year median of 32.20 and 164.6% above the Travel & Leisure industry median of 15.80. Marriott International's overall GF Score™ is 88/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Marriott International (MAR), the current EV-to-FCF is 41.81 as of Jun. 24, 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 $383.56 is trading 27.8% above its estimated GF Value™ of $300.10.
GuruFocus considers Marriott International to be Modestly Overvalued.
Key valuation signals for MAR:
EV-to-FCF: 41.81 (30% above median its 10-year median of 32.20)
GF Value™: $300.10 vs. price of $383.56 (27.8% above fair value)
Industry Position: 164.6% above the Travel & Leisure median (#452 of 568)
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.
88GF Score
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