Marriott International (NASDAQ:MAR) Full Year 2024 Results

Key Financial Results

• Revenue: US$6.62b (up 5.0% from FY 2023).
• Net income: US$2.38b (down 23% from FY 2023).
• Profit margin: 36% (down from 49% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$8.36 (down from US$10.23 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Marriott International EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.4%.

Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Marriott International.

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