Marriott International Inc (MAR)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	-2,992,000	-2,421,000	-2,091,000	-1,616,000	-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
ROE		—	—	—	—	—	—	—	1,955.71%	415.14%	202.54%	98.36%	83.92%	77.72%	50.87%	43.59%	-132.05%	-62.09%	76.86%	—	—

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,375,000K ÷ $-2,992,000K
= —

Marriott International Inc's return on equity (ROE) witnessed significant fluctuations over the periods reported. ROE was not available for analysis in March and June 2020. In September 2020, the ROE stood at a healthy 76.86%, indicating efficient utilization of shareholders' equity to generate profits.

However, this trend reversed in the subsequent quarters. By December 2020, the ROE plummeted to -62.09%, indicating a negative return, which may be concerning for investors. The negative trend continued in the following quarters, with ROE hitting a low of -132.05% in March 2021.

The company managed to turn things around by June 2021, with an ROE of 43.59%, followed by a further increase in September 2021 and December 2021 to 50.87% and 77.72%, respectively. This improvement was sustained in the upcoming periods, with ROE reaching impressive levels of 83.92% in March 2022, 98.36% in June 2022, and 202.54% in September 2022.

The ROE surged to 415.14% by December 2022, indicating a substantial increase in profitability and shareholder value creation. However, the ROE spiked to an exceptional 1,955.71% in March 2023, reflecting a significant rise in profitability compared to the equity base.

Unfortunately, ROE data is not available for the quarters ending in June and September 2023, and all of the quarters in 2024.

Overall, Marriott International Inc's ROE performance fluctuated significantly over the periods outlined, with periods of strong profitability followed by negative returns and subsequent recovery. Investors should closely monitor the company's financial performance to assess its ability to generate sustainable returns on shareholders' equity.