Marriott International Inc (MAR)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 3,767,000 | 3,943,000 | 3,517,000 | 1,600,000 | -21,000 |
| Long-term debt | US$ in thousands | 13,001,000 | 11,197,000 | 9,249,000 | 8,144,000 | 8,157,000 |
| Total stockholders’ equity | US$ in thousands | -2,992,000 | -682,000 | 568,000 | 1,414,000 | 430,000 |
| Return on total capital | 37.64% | 37.50% | 35.83% | 16.74% | -0.24% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $3,767,000K ÷ ($13,001,000K + $-2,992,000K)
= 37.64%
Marriott International Inc's return on total capital has shown significant improvement over the past five years, growing from -0.24% in December 31, 2020, to 37.64% by December 31, 2024. This upward trend indicates that the company has been more effective in generating profits from its invested capital. The substantial increase in return on total capital signifies that Marriott International Inc has been able to efficiently utilize its resources and assets to generate higher returns for shareholders. This steady improvement in return on total capital demonstrates the company's ability to create more value for its investors and suggests a positive outlook for its financial performance in the upcoming years.
Peer comparison
Dec 31, 2024