Marriott International's quarterly market cap
declined
from Mar. 2024 ($72,412 Mil) to Jun. 2024 ($69,209 Mil) and
declined
from Jun. 2024 ($69,209 Mil) to Sep. 2024 ($69,101 Mil).
Marriott International's annual market cap
declined
from Dec. 2021 ($53,923 Mil) to Dec. 2022 ($46,048 Mil) but then
increased
from Dec. 2022 ($46,048 Mil) to Dec. 2023 ($65,456 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Marriott International's Enterprise Value for Today is $94,010 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.
Competitive Comparison of Marriott International's Market Cap
For the Lodging subindustry, Marriott International's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's Market Cap distribution charts can be found below:
* The bar in red indicates where Marriott International's Market Cap falls into.
Marriott International Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Marriott International's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (LTS:0JYW) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Marriott International Market Cap Related Terms
Thank you for viewing the detailed overview of Marriott International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Marriott operates 1.7 million rooms across roughly 30 brands. At the end of 2023, luxury represented roughly 10% of total rooms, premium 42%, select service was 46%, midscale 1%, and other 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 97% of total rooms as of Dec. 31, 2023. North America makes up 63% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.
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