Marriott International (MEX:MAR) Altman Z-Score: 4.09 (As of Jun. 24, 2026) — 45% Above Median


MEX:MAR Marriott International Inc MEX:MAR
79 GF Score
Price MXN6,815.00
GF Value MXN5,097.41
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Marriott International Altman Z-Score?

Marriott International MEX:MAR +1.41% 79 Altman Z-Score is 4.09 as of Jun. 24, 2026, which is 45% above its 10-year median of 2.83. GuruFocus rates MEX:MAR with a GF Score™ of 79/100 and a GF Value™ of MXN5,097.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 840 Travel & Leisure companies, Marriott International ranks better than 74.4% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 4.13 is strong.

Marriott International has a Altman Z-Score of 4.09, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Marriott International's Altman Z-Score or its related term are showing as below:

MEX:MAR' s Altman Z-Score Range Over the Past 10 Years
Min: 1.75   Med: 2.83   Max: 4.83
Current: 4.13

During the past 13 years, Marriott International's highest Altman Z-Score was 4.83. The lowest was 1.75. And the median was 2.83.


Marriott International  (MEX:MAR) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Marriott International Altman Z-Score Related Terms


Marriott International Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Marriott International's Altman Z-Score 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.

Marriott International Altman Z-Score Chart

Marriott International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 2.95 3.52 3.68 3.76

Marriott International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score 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 3.45 3.61 3.50 3.76 3.84

MEX:MAR vs HLT, H, HTHT: Altman Z-Score Comparison

For the Lodging subindustry, Marriott International's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Marriott International's Altman Z-Score falls into.


MEX:MAR
79GF Score
Marriott International Inc MEX:MAR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marriott International Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Marriott International's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*-0.1652+1.4*0.6779+3.3*0.1577+0.6*3.0757+1.0*0.9684
=4.09

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was MXN502,337 Mil.
Total Current Assets was MXN70,580 Mil.
Total Current Liabilities was MXN153,566 Mil.
Retained Earnings was MXN340,530 Mil.
Pre-Tax Income was 15472.057 + 10479.317 + 18234.135 + 19845.977 = MXN64,031 Mil.
Interest Expense was -3858.998 + -3745.186 + -3778.905 + -3822.328 = MXN-15,205 Mil.
Revenue was 119989.586 + 120458.133 + 119035.514 + 126984.125 = MXN486,467 Mil.
Market Cap (Today) was MXN1,772,021 Mil.
Total Liabilities was MXN576,127 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(70579.988 - 153566.473)/502336.924
=-0.1652

X2=Retained Earnings/Total Assets
=340529.507/502336.924
=0.6779

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(64031.486 - -15205.417)/502336.924
=0.1577

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1772020.985/576126.733
=3.0757

X5=Revenue/Total Assets
=486467.358/502336.924
=0.9684

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Marriott International has a Altman Z-Score of 4.09 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 4.09 mean?
Marriott International (MEX:MAR) has a Altman Z-Score of 4.09 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Marriott International and its competitors. This is 45% above median its historical median of 2.83. Over the past decade, Marriott International's Altman Z-Score has ranged from 1.75 to 4.83. According to the industry distribution chart, Marriott International ranks #215 out of 840 companies in the Travel & Leisure industry, placing it in the top 25.6%.
Is Marriott International's Altman Z-Score too high?
Marriott International's current Altman Z-Score of 4.09 is 45% above median its 10-year median of 2.83. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 4.83. The Travel & Leisure industry median Altman Z-Score is 1.99. Marriott International's value of 4.09 is 105.5% above this industry median. Based on the distribution chart, Marriott International ranks #215 out of 840 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Marriott International has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marriott International's Altman Z-Score compare to HLT and H?
According to the Travel & Leisure industry distribution chart, Marriott International ranks #215 out of 840 companies for Altman Z-Score. This puts Marriott International in the upper half of its industry. The industry median Altman Z-Score is 1.99. Marriott International's value of 4.09 is 105.5% above this benchmark. Historically, Marriott International's own Altman Z-Score has ranged from 1.75 to 4.83 over the past decade. While the company's 10-year median is 2.83 vs. the industry median of 1.99, 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 Altman Z-Score for a Travel & Leisure company?
The median Altman Z-Score among Travel & Leisure companies is 1.99, based on 840 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott International's current Altman Z-Score of 4.09 is 105.5% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Marriott International and its competitors. For the Travel & Leisure industry, the median Altman Z-Score is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott International's current Altman Z-Score is 4.09, which is 45% above median its own 10-year median of 2.83. 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 (MEX:MAR) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN5,097.41, compared to a current price of MXN6,815.00 — trading 33.7% above its estimated fair value. The current Altman Z-Score is 4.09, which is 45% above median its 10-year median of 2.83 and 105.5% above the Travel & Leisure industry median of 1.99. Marriott International's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Marriott International (MEX:MAR), the current Altman Z-Score is 4.09 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 (MEX:MAR) Overvalued in 2026?

Based on GuruFocus' analysis, Marriott International stock appears to be overvalued. The current stock price of MXN6,815.00 is trading 33.7% above its estimated GF Value™ of MXN5,097.41. GuruFocus considers Marriott International to be Significantly Overvalued.

Key valuation signals for MEX:MAR:

  • Altman Z-Score: 4.09 (45% above median its 10-year median of 2.83)
  • GF Value™: MXN5,097.41 vs. price of MXN6,815.00 (33.7% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 105.5% above the Travel & Leisure median (#215 of 840)

No single metric tells the full story. See the MEX:MAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marriott International Business Description

Address 7750 Wisconsin Avenue, Bethesda, MD, USA, 20814
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.
79GF Score

Get the complete analysis for MEX:MAR

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN6,815.00
Price
MXN5,097.41
GF Value