Marriott International Inc (MAR)

Return on equity (ROE)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	1,273,000	1,311,000	1,427,000	1,862,000
Total stockholders’ equity	US$ in thousands	-682,000	-661,000	-224,000	140,000	568,000	1,063,000	1,772,000	1,772,000	1,414,000	918,000	796,000	234,000	430,000	229,000	-79,000	-20,000	703,000	838,000	1,240,000	1,603,000
ROE		—	—	—	1,955.71%	415.14%	202.54%	98.36%	83.92%	77.72%	50.87%	43.59%	-132.05%	-62.09%	76.86%	—	—	181.08%	156.44%	115.08%	116.16%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $3,083,000K ÷ $-682,000K
= —

Looking at the Return on Equity (ROE) trend for Marriott International, Inc., we can observe a significant increase in Q1 2023 compared to the previous quarters. The ROE stood at an impressive 1,955.71% in Q1 2023, which reflects a strong performance in utilizing shareholders' equity to generate profits.

This substantial jump from the prior quarter reflects an efficient management of assets and liabilities in generating earnings for the shareholders. Furthermore, comparing the Q1 2023 ROE with the same quarter in the previous year, we see a substantial increase from 83.92% to 1,955.71%, indicating a remarkable improvement in profitability and efficiency within a year.

Overall, the trend in ROE for Marriott International, Inc. demonstrates a notable enhancement in the company's ability to generate profit from shareholders' equity, suggesting effective utilization of capital and potentially sound financial management practices during Q1 2023.