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Marriott International (BSP:M1TT34) Pretax Margin % : 12.16% (As of Mar. 2024)


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What is Marriott International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Marriott International's Pre-Tax Income for the three months ended in Mar. 2024 was R$3,620 Mil. Marriott International's Revenue for the three months ended in Mar. 2024 was R$29,764 Mil. Therefore, Marriott International's pretax margin for the quarter that ended in Mar. 2024 was 12.16%.

The historical rank and industry rank for Marriott International's Pretax Margin % or its related term are showing as below:

BSP:M1TT34' s Pretax Margin % Range Over the Past 10 Years
Min: -4.41   Med: 8.59   Max: 14.99
Current: 13.55


BSP:M1TT34's Pretax Margin % is ranked better than
70.63% of 824 companies
in the Travel & Leisure industry
Industry Median: 6.305 vs BSP:M1TT34: 13.55

Marriott International Pretax Margin % Historical Data

The historical data trend for Marriott International's Pretax Margin % 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.

* Premium members only.

Marriott International Pretax Margin % Chart

Marriott International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.62 -4.41 8.52 14.99 14.25

Marriott International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.03 15.87 16.68 9.53 12.16

Competitive Comparison of Marriott International's Pretax Margin %

For the Lodging subindustry, Marriott International's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Marriott International's Pretax Margin % falls into.



Marriott International Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Marriott International's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=16551.524/116188.957
=14.25 %

Marriott International's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=3620.315/29764.265
=12.16 %

* 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  (BSP:M1TT34) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Marriott International Pretax Margin % Related Terms

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Marriott International (BSP:M1TT34) Business Description

Address
7750 Wisconsin Avenue, Bethesda, MD, USA, 20814
Marriott operates 1.6 million rooms across roughly 30 brands. At the end of 2022, luxury represented roughly 10% of total rooms, while full service and limited service were about 40% and 50%, respectively. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represent 99% of total rooms as of Sept. 30, 2023. North America makes up two thirds of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.

Marriott International (BSP:M1TT34) Headlines

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