MARRIOTT INTERNATIONAL INC /MD/ (MAR)
Q2-CY2026Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-30
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014
Operating Cash Flow829,000,000$1,093,000,000$643,000,000$647,000,000$318,000,000$880,000,000$772,000,000$779,000,000$751,000,000$881,000,000$651,000,000$887,000,000$441,000,000$874,000,000$650,000,000$398,000,000$432,000,000$619,000,000$99,000,000$27,000,000$16,000,000$118,000,000$991,000,000$514,000,000$495,000,000$452,000,000$587,000,000$151,000,000$533,000,000$695,000,000$454,000,000$675,000,000$476,000,000$565,000,000$724,000,000$462,000,000$413,000,000$344,000,000$468,000,000$394,000,000$435,000,000$328,000,000$490,000,000$262,000,000$274,000,000$281,000,000$487,000,000$
Investing Cash Flow(173,000,000$)(489,000,000$)(143,000,000$)(143,000,000$)(345,000,000$)(164,000,000$)(130,000,000$)(95,000,000$)(102,000,000$)(120,000,000$)(184,000,000$)(59,000,000$)(160,000,000$)(46,000,000$)(68,000,000$)(23,000,000$)(106,000,000$)(9,000,000$)(43,000,000$)(29,000,000$)(76,000,000$)(30,000,000$)(24,000,000$)165,000,000$(41,000,000$)(69,000,000$)(86,000,000$)(88,000,000$)(133,000,000$)(33,000,000$)65,000,000$49,000,000$884,000,000$4,000,000$80,000,000$243,000,000$141,000,000$(2,415,000,000$)(8,000,000$)(64,000,000$)(6,000,000$)21,000,000$374,000,000$(22,000,000$)(9,000,000$)(121,000,000$)(225,000,000$)
Purchases of Property and Equipment142,000,000$155,000,000$135,000,000$342,000,000$174,000,000$125,000,000$109,000,000$134,000,000$124,000,000$99,000,000$95,000,000$140,000,000$73,000,000$70,000,000$49,000,000$69,000,000$44,000,000$40,000,000$30,000,000$38,000,000$18,000,000$20,000,000$59,000,000$418,000,000$93,000,000$76,000,000$66,000,000$94,000,000$74,000,000$324,000,000$64,000,000$85,000,000$51,000,000$56,000,000$48,000,000$67,000,000$54,000,000$36,000,000$42,000,000$87,000,000$59,000,000$84,000,000$75,000,000$144,000,000$111,000,000$95,000,000$
Financing Cash Flow(979,000,000$)(602,000,000$)(354,000,000$)(383,000,000$)36,000,000$(670,000,000$)(720,000,000$)(602,000,000$)(1,026,000,000$)(597,000,000$)(459,000,000$)(782,000,000$)(824,000,000$)(327,000,000$)(1,082,000,000$)(729,000,000$)298,000,000$(492,000,000$)(19,000,000$)(250,000,000$)(636,000,000$)(798,000,000$)(449,000,000$)850,000,000$(501,000,000$)(403,000,000$)(481,000,000$)(123,000,000$)(453,000,000$)(652,000,000$)(859,000,000$)(410,000,000$)(1,465,000,000$)(550,000,000$)(1,058,000,000$)(823,000,000$)(766,000,000$)2,470,000,000$120,000,000$(327,000,000$)(428,000,000$)(394,000,000$)(844,000,000$)(224,000,000$)(311,000,000$)(202,000,000$)(254,000,000$)
End Cash Position358,000,000$678,000,000$671,000,000$523,000,000$396,000,000$394,000,000$349,000,000$429,000,000$338,000,000$717,000,000$563,000,000$554,000,000$507,000,000$1,045,000,000$546,000,000$1,042,000,000$1,393,000,000$772,000,000$664,000,000$628,000,000$877,000,000$1,577,000,000$2,283,000,000$1,760,000,000$225,000,000$276,000,000$284,000,000$258,000,000$316,000,000$373,000,000$366,000,000$701,000,000$383,000,000$508,000,000$498,000,000$738,000,000$858,000,000$1,078,000,000$679,000,000$99,000,000$96,000,000$95,000,000$140,000,000$120,000,000$104,000,000$150,000,000$192,000,000$
Exchange Rate Effect
Dividends Paid179,000,000$182,000,000$183,000,000$174,000,000$176,000,000$176,000,000$179,000,000$151,000,000$152,000,000$154,000,000$157,000,000$124,000,000$126,000,000$97,000,000$0$0$0$156,000,000$157,000,000$157,000,000$159,000,000$139,000,000$139,000,000$142,000,000$144,000,000$118,000,000$120,000,000$122,000,000$125,000,000$115,000,000$117,000,000$117,000,000$76,000,000$64,000,000$64,000,000$65,000,000$68,000,000$56,000,000$56,000,000$58,000,000$59,000,000$
Unlevered Free Cash Flow829,000,000$951,000,000$488,000,000$512,000,000$(24,000,000$)706,000,000$647,000,000$670,000,000$617,000,000$757,000,000$552,000,000$792,000,000$301,000,000$801,000,000$580,000,000$349,000,000$363,000,000$575,000,000$59,000,000$(3,000,000$)(22,000,000$)100,000,000$971,000,000$455,000,000$77,000,000$359,000,000$511,000,000$85,000,000$439,000,000$621,000,000$130,000,000$611,000,000$391,000,000$514,000,000$668,000,000$414,000,000$346,000,000$290,000,000$432,000,000$352,000,000$348,000,000$269,000,000$406,000,000$187,000,000$130,000,000$170,000,000$392,000,000$