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 Dec. 2023 was $581 Mil. Marriott International's Revenue for the
three
months ended in Dec. 2023 was $6,095 Mil. Therefore, Marriott International's pretax margin for the quarter that ended in Dec. 2023 was 9.53%.
The historical rank and industry rank for Marriott International's Pretax Margin % or its related term are showing as below:
MAR'
s Pretax Margin % Range Over the Past 10 Years
Min: -4.41 Med: 8.59 Max: 14.99
Current: 14.25
MAR's Pretax Margin % is ranked better than 72.56% of 820
companies
in the Travel & Leisure industry
Industry Median: 6.315
vs MAR: 14.25
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.
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 Pretax Margin % Distribution
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
* 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 (NAS:MAR) 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
Thank you for viewing the detailed overview of Marriott International's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Marriott International (Marriott International) Business Description
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.
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