Marriott International Inc (MAR)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 90.48% | 92.29% | 92.34% | 92.26% | 92.39% | 93.41% | 93.33% | 93.15% | 92.65% | 72.71% | 70.66% | 66.86% | 62.33% | 94.73% | 94.65% | 93.66% | 94.52% | 95.80% | 96.02% | 96.52% |
| Operating profit margin | 15.01% | 15.07% | 15.91% | 15.74% | 16.29% | 17.59% | 17.45% | 17.37% | 16.67% | 16.07% | 14.99% | 14.13% | 12.63% | 8.52% | 7.02% | 0.66% | 0.79% | 3.53% | 5.01% | 6.80% |
| Pretax margin | 12.55% | 12.65% | 13.65% | 13.55% | 14.25% | 15.67% | 15.56% | 15.69% | 14.99% | 14.36% | 12.16% | 10.69% | 8.52% | 2.75% | 1.69% | -6.24% | -4.41% | 1.26% | 3.42% | 5.75% |
| Net profit margin | 9.46% | 11.18% | 12.01% | 12.00% | 13.00% | 12.35% | 12.15% | 12.34% | 11.35% | 11.16% | 9.72% | 9.45% | 7.93% | 4.03% | 3.51% | -3.77% | -2.53% | 1.28% | 2.76% | 4.50% |
Based on the data provided, we can analyze Marriott International Inc's profitability ratios over the past few years.
1. Gross Profit Margin:
- The gross profit margin shows the company's ability to generate profit from its revenue after accounting for the cost of goods sold. Marriott's gross profit margin has been consistently high, ranging from 90.48% to as high as 96.52%. There was a slight decline in the gross profit margin in December 2021 to 62.33%, but it recovered in subsequent periods.
2. Operating Profit Margin:
- The operating profit margin reflects the proportion of revenue that translates into operating profit. Marriott's operating profit margin has shown variability, starting from 0.79% in December 2020 and gradually increasing to around 17% by September 2023. This indicates an improvement in operational efficiency over time.
3. Pre-tax Margin:
- The pre-tax margin represents the company's profitability before taxes. Marriott's pre-tax margin was negative in December 2020 and March 2021, indicating losses during these periods. However, the pre-tax margin showed a consistent positive trend thereafter, reaching around 15% by March 2024.
4. Net Profit Margin:
- The net profit margin measures the company's profitability after accounting for all expenses, including taxes. Marriott's net profit margin has shown a similar positive trend, starting with negative margins in late 2020 to reaching around 12-13% by March 2024. This indicates an improvement in the company's overall profitability and cost management.
Overall, Marriott International Inc has shown a positive trend in its profitability ratios over the analyzed period, with increasing margins indicating improvements in cost management and operational efficiency. However, it is essential for the company to sustain this positive trend and continue to focus on enhancing profitability in the future.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.39% | 14.24% | 15.10% | 14.71% | 15.05% | 16.39% | 15.95% | 15.50% | 13.95% | 12.52% | 10.92% | 8.81% | 6.85% | 4.03% | 2.83% | 0.22% | 0.34% | 1.93% | 3.27% | 5.50% |
| Return on assets (ROA) | 9.07% | 10.56% | 11.41% | 11.22% | 12.01% | 11.51% | 11.11% | 11.01% | 9.50% | 8.69% | 7.08% | 5.89% | 4.30% | 1.91% | 1.42% | -1.27% | -1.08% | 0.70% | 1.80% | 3.64% |
| Return on total capital | 37.78% | 37.22% | 39.74% | 38.68% | 37.50% | 41.80% | 40.28% | 38.00% | 35.83% | 32.24% | 26.88% | 21.82% | 16.74% | 8.10% | 6.31% | -0.58% | -0.24% | 6.82% | 13.12% | 26.77% |
| Return on equity (ROE) | — | — | — | — | — | — | — | 1,955.71% | 415.14% | 202.54% | 98.36% | 83.92% | 77.72% | 50.87% | 43.59% | -132.05% | -62.09% | 76.86% | — | — |
Based on the provided data for Marriott International Inc, we can observe the following trends in profitability ratios:
1. Operating Return on Assets (Operating ROA):
- The Operating ROA shows a consistent improvement from 5.50% in March 2020 to 14.39% in December 2024. This indicates that the company's operating activities are becoming more efficient in generating profits relative to its assets.
2. Return on Assets (ROA):
- The ROA shows a fluctuating trend, starting from negative percentages in December 2020 and March 2021, but steadily increasing to 9.07% in December 2024. This suggests that the company has been able to effectively utilize its assets to generate profits over time.
3. Return on Total Capital:
- The Return on Total Capital exhibits a generally increasing trend, rising from -0.24% in December 2020 to 37.78% in December 2024. This indicates that the company is generating higher returns on the total capital employed, reflecting improved operational efficiency and profitability.
4. Return on Equity (ROE):
- The ROE shows significant fluctuations, with some periods showing negative values due to volatile earnings. However, there is a notable uptrend in ROE from 76.86% in September 2020 to 415.14% in December 2022. This suggests that the company has been able to generate substantial returns for its equity holders over the years.
In conclusion, Marriott International Inc has demonstrated a positive trend in profitability ratios, with improvements in operational efficiency and the ability to generate returns for both asset and equity holders. However, fluctuations in certain periods highlight the volatility inherent in the industry and the company's performance.
See also:
Marriott International Inc Profitability Ratios (Quarterly Data)