Marriott International Inc (MAR)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	2,375,000	3,083,000	2,358,000	1,099,000	-267,000
Revenue	US$ in thousands	25,100,000	23,713,000	20,773,000	13,857,000	10,571,000
Net profit margin		9.46%	13.00%	11.35%	7.93%	-2.53%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $2,375,000K ÷ $25,100,000K
= 9.46%

Based on the provided data, Marriott International Inc's net profit margin has exhibited fluctuations over the past five years.

In December 31, 2020, the net profit margin was negative at -2.53%, indicating that the company incurred losses relative to its total revenue.

Subsequently, there was a significant improvement in the net profit margin, reaching 7.93% by December 31, 2021, showcasing a recovery in profitability.

The trend continued to improve over the next two years, with net profit margins of 11.35% in December 31, 2022, and 13.00% in December 31, 2023, indicating a sustained growth in profitability.

However, by December 31, 2024, the net profit margin slightly decreased to 9.46%, showcasing a slight dip compared to the previous year.

Overall, the increasing trend in net profit margin from 2020 to 2023 reflects Marriott International Inc's ability to effectively manage its expenses and generate higher profits relative to its total revenue. The slight decrease in 2024 may warrant further analysis to identify potential factors influencing the profitability performance in that year.