Marriott Historical Income Statement
| MAR Stock | USD 285.60 2.58 0.90% |
Historical analysis of Marriott International income statement accounts such as Gross Profit of 5.4 B can show how well Marriott International performed in making a profits. Evaluating Marriott International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Marriott International's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Marriott International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Marriott International is a good buy for the upcoming year.
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About Marriott Income Statement Analysis
Marriott International Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Marriott International shareholders. The income statement also shows Marriott investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Marriott International Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Marriott International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Marriott International minus its cost of goods sold. It is profit before Marriott International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Marriott International. It is also known as Marriott International overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Marriott International operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Marriott International is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Marriott International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Marriott International current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marriott International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Marriott Stock, please use our How to Invest in Marriott International guide.At this time, Marriott International's Income Tax Expense is relatively stable compared to the past year. As of 11/28/2024, Net Income Applicable To Common Shares is likely to grow to about 2.8 B, while Total Revenue is likely to drop slightly above 14.6 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.8B | 4.6B | 5.1B | 5.4B | Total Revenue | 13.9B | 20.8B | 23.7B | 14.6B |
Marriott International income statement Correlations
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Marriott International Account Relationship Matchups
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Marriott International income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 672M | 10.1B | 12.0B | 17.2B | 277M | 263.2M | |
| Interest Expense | 394M | 445M | 420M | 403M | 565M | 593.3M | |
| Total Revenue | 21.0B | 10.6B | 13.9B | 20.8B | 23.7B | 14.6B | |
| Gross Profit | 3.2B | 1.5B | 2.8B | 4.6B | 5.1B | 5.4B | |
| Other Operating Expenses | 19.0B | 10.2B | 12.1B | 17.3B | 19.8B | 13.3B | |
| Operating Income | 1.8B | 246M | 1.8B | 3.5B | 3.9B | 4.1B | |
| Ebit | 1.8B | (9.7B) | (10.1B) | (13.5B) | 3.9B | 4.1B | |
| Ebitda | 2.5B | 457M | 1.9B | 3.7B | 4.2B | 4.4B | |
| Total Operating Expenses | 1.3B | 1.1B | 1.0B | 1.1B | 1.3B | 827.2M | |
| Income Before Tax | 1.6B | (466M) | 1.2B | 3.1B | 3.4B | 3.5B | |
| Total Other Income Expense Net | (201M) | (933M) | (570M) | (348M) | (546M) | (518.7M) | |
| Net Income | 1.3B | (267M) | 1.1B | 2.4B | 3.1B | 3.2B | |
| Income Tax Expense | 326M | (199M) | 81M | 756M | 295M | 302.0M | |
| Selling General Administrative | 938M | 762M | 823M | 891M | 1.0B | 711.0M | |
| Cost Of Revenue | 17.8B | 9.1B | 11.1B | 16.2B | 18.6B | 12.6B | |
| Net Income Applicable To Common Shares | 1.3B | (267M) | 1.1B | 2.4B | 2.7B | 2.8B | |
| Selling And Marketing Expenses | 851M | 276M | 470M | 635M | 794M | 833.7M | |
| Net Income From Continuing Ops | 1.3B | (267M) | 1.1B | 2.4B | 2.9B | 3.1B | |
| Non Operating Income Net Other | 193M | (105M) | (150M) | 55M | 63.3M | 105.1M | |
| Tax Provision | 326M | (199M) | 81M | 756M | 780M | 395.2M | |
| Interest Income | 22M | 26M | 27M | 28M | 29M | 29.0M | |
| Net Interest Income | (368M) | (418M) | (392M) | (377M) | (498M) | (522.9M) | |
| Reconciled Depreciation | 403M | 478M | 295M | 282M | 274M | 263.5M |
Pair Trading with Marriott International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marriott International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marriott International will appreciate offsetting losses from the drop in the long position's value.Moving together with Marriott Stock
| 0.7 | H | Hyatt Hotels | PairCorr |
| 0.67 | BH | Biglari Holdings | PairCorr |
| 0.77 | SG | Sweetgreen | PairCorr |
| 0.9 | WH | Wyndham Hotels Resorts | PairCorr |
Moving against Marriott Stock
The ability to find closely correlated positions to Marriott International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marriott International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marriott International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marriott International to buy it.
The correlation of Marriott International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marriott International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marriott International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marriott International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Marriott Stock Analysis
When running Marriott International's price analysis, check to measure Marriott International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marriott International is operating at the current time. Most of Marriott International's value examination focuses on studying past and present price action to predict the probability of Marriott International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marriott International's price. Additionally, you may evaluate how the addition of Marriott International to your portfolios can decrease your overall portfolio volatility.