Marriott International Inc (MAR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,767,000 | 3,864,000 | 3,462,000 | 1,750,000 | 84,000 |
| Revenue | US$ in thousands | 25,100,000 | 23,713,000 | 20,773,000 | 13,857,000 | 10,571,000 |
| Operating profit margin | 15.01% | 16.29% | 16.67% | 12.63% | 0.79% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,767,000K ÷ $25,100,000K
= 15.01%
Based on the data provided, Marriott International Inc's operating profit margin has shown a significant increase over the years. In December 2020, the operating profit margin was a modest 0.79%, indicating low profitability. However, by December 2021, the operating profit margin surged to 12.63%, signaling a substantial improvement in profitability.
The positive trend continued into the following years, with the operating profit margin reaching 16.67% by December 2022, 16.29% by December 2023, and 15.01% by December 2024. These figures demonstrate consistent growth and efficiency in managing operating expenses relative to revenue, resulting in improved profitability for Marriott International Inc over the years.
Overall, the increasing trend in the operating profit margin reflects the company's ability to effectively manage costs and enhance operational performance, ultimately leading to higher profitability levels. This positive performance trajectory suggests that Marriott International Inc has been successful in optimizing its operations and creating value for its stakeholders.
Peer comparison
Dec 31, 2024