Company Valuation: Marriott International, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 53,816 47,130 66,230 77,516 83,253 92,341 - -
Change - -12.42% 40.53% 17.04% 7.4% 10.92% - -
Enterprise Value (EV) 1 62,516 56,687 77,765 91,567 99,099 109,712 110,612 110,879
Change - -9.32% 37.18% 17.75% 8.23% 10.71% 0.82% 0.24%
P/E ratio 49.5x 20.6x 22.2x 33.5x 32.6x 31.4x 27.1x 24.1x
PBR 38.1x 81.4x -100x -26.6x -22.5x -16.9x -15x -15.5x
PEG - 0x 0.5x -1.8x 2.3x 1.7x 1.7x 1.9x
Capitalization / Revenue 3.88x 2.27x 2.79x 3.09x 3.18x 3.31x 3.13x 3.01x
EV / Revenue 4.51x 2.73x 3.28x 3.65x 3.78x 3.94x 3.75x 3.61x
EV / EBITDA 27.4x 14.7x 16.7x 18.4x 18.4x 18.4x 17.3x 16.3x
EV / EBIT 37.9x 17.7x 19.8x 22x 22.1x 22.3x 20.5x 19.1x
EV / FCF 62.9x 27.9x 28.6x 45.8x 38x 36.5x 33.3x 30.9x
FCF Yield 1.59% 3.58% 3.5% 2.18% 2.63% 2.74% 3% 3.23%
Dividend per Share 2 - 1 1.96 2.41 2.64 2.895 3.09 3.468
Rate of return - 0.67% 0.87% 0.86% 0.85% 0.82% 0.87% 0.98%
EPS 2 3.34 7.24 10.18 8.33 9.51 11.24 13.04 14.65
Distribution rate - 13.8% 19.3% 28.9% 27.8% 25.8% 23.7% 23.7%
Net sales 1 13,857 20,773 23,713 25,100 26,186 27,866 29,481 30,711
EBITDA 1 2,278 3,853 4,656 4,981 5,383 5,950 6,383 6,795
EBIT 1 1,649 3,203 3,935 4,161 4,476 4,928 5,401 5,793
Net income 1 1,099 2,358 3,083 2,375 2,601 2,949 3,280 3,611
Net Debt 1 8,700 9,557 11,535 14,051 15,846 17,371 18,271 18,537
Reference price 2 165.24 148.89 225.51 278.94 310.24 353.47 353.47 353.47
Nbr of stocks (in thousands) 325,683 316,540 293,691 277,893 268,352 263,689 - -
Announcement Date 2/15/22 2/14/23 2/13/24 2/11/25 2/10/26 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.15x3.94x18.44x0.83% 92.34B
37.07x6.4x20.65x0.19% 70.89B
25.82x9.94x17.94x1.39% 22.32B
54.89x2.7x16.42x0.36% 15.75B
19.37x2.23x10.22x3.32% 11.6B
45.83x8.98x26.92x0.41% 9.48B
8.78x1.74x6.82x3.84% 3.94B
12.46x1.19x4.47x3.36% 3.73B
8.88x1.33x6.14x-.--% 3.61B
37.61x7.24x20.82x0.43% 3.37B
Average 28.19x 4.57x 14.88x 1.41% 23.7B
Weighted average by Cap. 33.09x 5.20x 18.29x 0.84%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. MAR Stock
  4. Valuation Marriott International, Inc.