Marriott Historical Income Statement

MAR Stock  USD 284.29  0.85  0.30%   
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.
 
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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.
  
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.

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

At this time, Marriott International's Income Tax Expense is relatively stable compared to the past year. As of 11/24/2024, 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.

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 Income

Net income is one of the most important fundamental items in finance. It plays a large role in Marriott International financial statement analysis. It represents the amount of money remaining after all of Marriott International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 11/24/2024, 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 Profit2.8B4.6B5.1B5.4B
Total Revenue13.9B20.8B23.7B14.6B

Marriott International income statement Correlations

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0.370.550.090.530.73-0.20.72-0.40.59-0.590.71-0.020.670.530.75-0.450.74-0.510.040.0-0.85-0.960.20.88
0.040.550.120.990.720.150.8-0.350.770.120.70.540.770.990.79-0.410.75-0.310.540.59-0.64-0.41-0.160.45
-0.030.090.120.070.410.120.390.80.41-0.030.420.17-0.410.030.010.770.26-0.690.110.28-0.16-0.27-0.280.18
-0.020.530.990.070.680.20.77-0.370.730.140.660.530.781.00.81-0.440.72-0.270.570.56-0.64-0.39-0.110.44
0.150.730.720.410.680.090.98-0.230.97-0.130.990.410.510.690.8-0.250.98-0.40.320.5-0.6-0.7-0.410.56
-0.97-0.20.150.120.20.090.170.040.220.510.180.21-0.080.220.210.070.140.290.450.350.270.23-0.36-0.4
0.080.720.80.390.770.980.17-0.240.98-0.010.960.540.570.780.83-0.280.95-0.420.490.6-0.66-0.65-0.370.53
-0.1-0.4-0.350.8-0.37-0.230.04-0.24-0.20.06-0.2-0.1-0.77-0.42-0.530.99-0.36-0.48-0.1-0.020.240.18-0.04-0.18
0.020.590.770.410.730.970.220.98-0.20.110.960.60.490.740.78-0.230.94-0.340.510.67-0.51-0.54-0.50.41
-0.52-0.590.12-0.030.14-0.130.51-0.010.060.11-0.120.67-0.080.15-0.080.07-0.110.30.70.640.450.67-0.45-0.63
0.050.710.70.420.660.990.180.96-0.20.96-0.120.340.480.670.82-0.230.98-0.370.280.45-0.55-0.69-0.450.56
-0.08-0.020.540.170.530.410.210.54-0.10.60.670.340.280.530.27-0.120.34-0.080.880.93-0.150.16-0.38-0.23
0.220.670.77-0.410.780.51-0.080.57-0.770.49-0.080.480.280.80.77-0.830.6-0.090.350.28-0.64-0.490.110.54
-0.030.530.990.031.00.690.220.78-0.420.740.150.670.530.80.82-0.480.73-0.220.560.56-0.62-0.38-0.130.42
-0.010.750.790.010.810.80.210.83-0.530.78-0.080.820.270.770.82-0.570.87-0.220.350.31-0.62-0.66-0.110.62
-0.14-0.45-0.410.77-0.44-0.250.07-0.280.99-0.230.07-0.23-0.12-0.83-0.48-0.57-0.39-0.4-0.14-0.040.320.23-0.09-0.24
0.090.740.750.260.720.980.140.95-0.360.94-0.110.980.340.60.730.87-0.39-0.290.290.43-0.58-0.68-0.420.58
-0.39-0.51-0.31-0.69-0.27-0.40.29-0.42-0.48-0.340.3-0.37-0.08-0.09-0.22-0.22-0.4-0.29-0.15-0.10.630.64-0.25-0.68
-0.340.040.540.110.570.320.450.49-0.10.510.70.280.880.350.560.35-0.140.29-0.150.82-0.220.09-0.17-0.13
-0.210.00.590.280.560.50.350.6-0.020.670.640.450.930.280.560.31-0.040.43-0.10.82-0.080.09-0.51-0.23
-0.44-0.85-0.64-0.16-0.64-0.60.27-0.660.24-0.510.45-0.55-0.15-0.64-0.62-0.620.32-0.580.63-0.22-0.080.77-0.27-0.82
-0.39-0.96-0.41-0.27-0.39-0.70.23-0.650.18-0.540.67-0.690.16-0.49-0.38-0.660.23-0.680.640.090.090.77-0.21-0.91
0.270.2-0.16-0.28-0.11-0.41-0.36-0.37-0.04-0.5-0.45-0.45-0.380.11-0.13-0.11-0.09-0.42-0.25-0.17-0.51-0.27-0.210.32
0.530.880.450.180.440.56-0.40.53-0.180.41-0.630.56-0.230.540.420.62-0.240.58-0.68-0.13-0.23-0.82-0.910.32
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Marriott International Account Relationship Matchups

Marriott International income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization672M10.1B12.0B17.2B277M263.2M
Interest Expense394M445M420M403M565M593.3M
Total Revenue21.0B10.6B13.9B20.8B23.7B14.6B
Gross Profit3.2B1.5B2.8B4.6B5.1B5.4B
Other Operating Expenses19.0B10.2B12.1B17.3B19.8B13.3B
Operating Income1.8B246M1.8B3.5B3.9B4.1B
Ebit1.8B(9.7B)(10.1B)(13.5B)3.9B4.1B
Ebitda2.5B457M1.9B3.7B4.2B4.4B
Total Operating Expenses1.3B1.1B1.0B1.1B1.2B825.4M
Income Before Tax1.6B(466M)1.2B3.1B3.4B3.5B
Total Other Income Expense Net(201M)(933M)(570M)(348M)(546M)(518.7M)
Net Income1.3B(267M)1.1B2.4B3.1B3.2B
Income Tax Expense326M(199M)81M756M295M302.0M
Selling General Administrative938M762M823M891M1.0B711.0M
Cost Of Revenue17.8B9.1B11.1B16.2B18.6B12.6B
Net Income Applicable To Common Shares1.3B(267M)1.1B2.4B2.7B2.8B
Selling And Marketing Expenses851M276M470M635M794M833.7M
Net Income From Continuing Ops1.3B(267M)1.1B2.4B2.9B3.1B
Non Operating Income Net Other193M(105M)(150M)55M63.3M105.1M
Tax Provision326M(199M)81M756M780M395.2M
Interest Income22M26M27M28M29M29.0M
Net Interest Income(368M)(418M)(392M)(377M)(498M)(522.9M)
Reconciled Depreciation403M478M295M282M274M263.5M

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

  0.69H Hyatt HotelsPairCorr
  0.69SG SweetgreenPairCorr
  0.89WH Wyndham Hotels ResortsPairCorr

Moving against Marriott Stock

  0.57WING WingstopPairCorr
  0.39BDL Flanigans EnterprisesPairCorr
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.
Pair CorrelationCorrelation Matching

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.