Marriott International Inc (MAR)

Return on assets (ROA)

		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
Net income (ttm)	US$ in thousands	2,375,000	2,768,000	2,936,000	2,890,000	3,083,000	2,908,000	2,786,000	2,738,000	2,358,000	2,153,000	1,743,000	1,487,000	1,099,000	467,000	347,000	-309,000	-267,000	176,000	463,000	929,000
Total assets	US$ in thousands	26,182,000	26,209,000	25,740,000	25,756,000	25,674,000	25,267,000	25,087,000	24,863,000	24,815,000	24,763,000	24,615,000	25,238,000	25,553,000	24,506,000	24,504,000	24,369,000	24,701,000	25,148,000	25,680,000	25,549,000
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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $2,375,000K ÷ $26,182,000K
= 9.07%

Marriott International Inc's return on assets (ROA) has shown fluctuating trends over the past few years. The ROA stood at 3.64% as of March 31, 2020, indicating that the company generated $0.036 in earnings for every $1 in assets during that period. Subsequently, the ROA decreased to 1.80% by June 30, 2020, and dropped further to 0.70% by September 30, 2020, signifying a decline in asset efficiency.

The trend continued with negative ROA figures recorded by the end of December 31, 2020, and March 31, 2021, implying that the company was experiencing difficulties in generating profits from its assets during that time. However, there was a turnaround in the subsequent quarters, with positive ROA figures starting from June 30, 2021, through December 31, 2024.

The ROA gradually improved over the quarters, reaching a peak of 12.01% as of December 31, 2023, indicating that Marriott International Inc became more efficient in utilizing its assets to generate earnings. However, the ROA slightly declined to 9.07% by the end of December 31, 2024.

Overall, the fluctuating ROA trend signifies varying levels of asset efficiency and profitability for Marriott International Inc over the analyzed period. It is essential for the company to continue monitoring and enhancing its ROA to ensure sustainable growth and maximize returns for its shareholders.