Stock Analysis on Net
Stock Analysis on Net

Marriott International Inc. (NASDAQ:MAR)

This company has been moved to the archive! The financial data has not been updated since May 11, 2020.

Common-Size Income Statement

Marriott International Inc., common-size consolidated income statement

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12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Base management fees 5.63 5.49 4.81 4.72 4.82
Franchise fees 9.57 8.91 7.07 5.79 5.89
Incentive management fees 3.04 3.13 2.65 2.49 2.20
Gross fee revenues 18.23% 17.53% 14.53% 13.00% 12.91%
Contract investment amortization -0.30 -0.28 0.00 0.00 0.00
Net fee revenues 17.93% 17.25% 14.53% 13.00% 12.91%
Owned, leased, and other revenue 7.69 7.88 7.87 7.66 6.81
Cost reimbursement revenue 74.38 74.88 77.60 79.35 80.28
Revenues 100.00% 100.00% 100.00% 100.00% 100.00%
Owned, leased, and other-direct -6.28 -6.29 -6.23 -5.27 -5.06
Reimbursed expenses -78.39 -76.01 -77.60 -79.35 -80.28
Cost of revenues -84.66% -82.30% -83.83% -84.62% -85.34%
Gross profit 15.34% 17.70% 16.17% 15.38% 14.66%
Depreciation, amortization, and other -1.63 -1.09 -1.27 -0.98 -0.96
General, administrative, and other -4.47 -4.47 -3.90 -4.12 -4.38
Merger-related costs and charges -0.66 -0.75 -0.69 -2.26 0.00
Operating income 8.58% 11.40% 10.30% 8.01% 9.32%
Gains and other income, net 0.73 0.93 3.01 0.03 0.19
Interest expense -1.88 -1.64 -1.26 -1.37 -1.15
Interest income 0.12 0.11 0.17 0.21 0.20
Equity in earnings 0.06 0.50 0.17 0.06 0.11
Income before income taxes 7.62% 11.30% 12.39% 6.94% 8.66%
Provision for income taxes -1.55 -2.11 -6.39 -2.37 -2.73
Net income 6.07% 9.19% 5.99% 4.57% 5.93%

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Marriott International Inc. operating income as a percentage of revenues increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Marriott International Inc. income before income taxes as a percentage of revenues decreased from 2017 to 2018 and from 2018 to 2019.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Marriott International Inc. net income as a percentage of revenues increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.