Return on Assets (ROA)
since 2005
Calculation
Marriott International Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss)1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 5.08% | = | 100 | × | 1,273) | ÷ | 25,051) |
| Dec 31, 2018 | 8.05% | = | 100 | × | 1,907) | ÷ | 23,696) |
| Dec 31, 2017 | 5.73% | = | 100 | × | 1,372) | ÷ | 23,948) |
| Dec 31, 2016 | 3.23% | = | 100 | × | 780) | ÷ | 24,140) |
| Dec 31, 2015 | 14.12% | = | 100 | × | 859) | ÷ | 6,082) |
| Dec 31, 2014 | 10.97% | = | 100 | × | 753) | ÷ | 6,865) |
| Dec 31, 2013 | 9.21% | = | 100 | × | 626) | ÷ | 6,794) |
| Dec 28, 2012 | 9.00% | = | 100 | × | 571) | ÷ | 6,342) |
| Dec 30, 2011 | 3.35% | = | 100 | × | 198) | ÷ | 5,910) |
| Dec 31, 2010 | 5.10% | = | 100 | × | 458) | ÷ | 8,983) |
| Jan 1, 2010 | -4.36% | = | 100 | × | (346) | ÷ | 7,933) |
| Jan 2, 2009 | 4.07% | = | 100 | × | 362) | ÷ | 8,903) |
| Dec 28, 2007 | 7.78% | = | 100 | × | 696) | ÷ | 8,942) |
| Dec 29, 2006 | 7.08% | = | 100 | × | 608) | ÷ | 8,588) |
| Dec 30, 2005 | 7.84% | = | 100 | × | 669) | ÷ | 8,530) |
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), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2010-01-01), 10-K (reporting date: 2009-01-02), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).
1 US$ in millions
- Net Income (Loss)
- The net income figures show considerable variability across the observed periods. Initially, net income fluctuated moderately from 669 million US dollars in 2005 to 696 million in 2007, followed by a sharp decline to 362 million in early 2009. A notable downturn occurred in 2010 with a loss of 346 million, representing a significant negative shift. After this, the company recovered, with net income generally increasing over the subsequent years, reaching a peak of 1,907 million in 2018, before declining somewhat to 1,273 million in 2019. This pattern indicates a phase of volatility likely influenced by external economic factors, followed by a recovery and growth period.
- Total Assets
- Total assets remained relatively stable between 2005 and 2015, ranging from 5,910 million to about 8,983 million US dollars. A considerable increase occurred from 2015 onwards, where assets rose sharply to 24,140 million in 2016 and maintained a high level thereafter, fluctuating slightly but remaining above 23,000 million through 2019. This significant asset growth suggests major acquisitions, investments, or restructuring activities during this period.
- Return on Assets (ROA)
- ROA trends reflect underlying profitability relative to asset base. From 2005 to 2007, ROA was relatively strong, averaging around 7-8%. A steep decline occurred in 2009 and 2010, with the latter year showing a negative ROA of -4.36%, coinciding with the net income loss. Post-2010, ROA generally improved, peaking at 14.12% in 2015, indicating enhanced operational efficiency or profitability. However, from 2016 through 2019, ROA demonstrated moderate decreases and fluctuations, stabilizing around 5-8%, possibly reflecting the impact of the expanded asset base on returns.
- Overall Insights
- The data illustrates a company experiencing initial financial strain around the global economic downturn period (2008-2010), followed by a recovery phase characterized by increasing net income and significantly enlarged asset holdings. The sharp rise in total assets post-2015 may have diluted ROA despite growing net income, suggesting a focus on asset accumulation strategies. The trends highlight both operational challenges and strategic growth efforts over the timeframe.
Comparison to Competitors
Marriott International Inc., ROA, long-term trends, comparison to competitors
| Marriott International Inc. | Airbnb Inc. | Booking Holdings Inc. | Chipotle Mexican Grill Inc. | DoorDash, Inc. | McDonald’s Corp. | Starbucks Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 5.08% | — | 22.73% | 6.86% | — | 12.68% | 18.73% |
| Dec 31, 2018 | 8.05% | — | 17.62% | 7.79% | — | 18.06% | 18.70% |
| Dec 31, 2017 | 5.73% | — | 9.20% | 8.62% | — | 15.36% | 20.08% |
| Dec 31, 2016 | 3.23% | — | 10.76% | 1.13% | — | 15.11% | 19.66% |
| Dec 31, 2015 | 14.12% | — | 14.65% | 17.45% | — | 11.94% | 22.15% |
| Dec 31, 2014 | 10.97% | — | 16.21% | 17.49% | — | 13.88% | 19.23% |
| Dec 31, 2013 | 9.21% | — | 18.12% | 16.30% | — | 15.25% | 0.07% |
| Dec 28, 2012 | 9.00% | — | 21.61% | 16.66% | — | 15.44% | 16.84% |
| Dec 30, 2011 | 3.35% | — | 26.60% | 15.08% | — | 16.68% | 16.92% |
| Dec 31, 2010 | 5.10% | — | 18.15% | 15.96% | — | 15.47% | 14.81% |
| Jan 1, 2010 | -4.36% | — | 26.69% | 13.19% | — | 15.06% | 7.01% |
| Jan 2, 2009 | 4.07% | — | 14.40% | 9.48% | — | 15.15% | 5.56% |
| Dec 28, 2007 | 7.78% | — | 11.63% | 9.77% | — | 8.15% | 12.59% |
| Dec 29, 2006 | 7.08% | — | 6.74% | 6.86% | — | 12.21% | 12.74% |
| Dec 30, 2005 | 7.84% | — | 25.56% | 9.60% | — | 8.68% | 14.07% |
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), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2010-01-01), 10-K (reporting date: 2009-01-02), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).
Comparison to Sector (Consumer Services)
Marriott International Inc., ROA, long-term trends, comparison to sector (consumer services)
| Marriott International Inc. | Consumer Services | |
|---|---|---|
| Dec 31, 2019 | 5.08% | 15.92% |
| Dec 31, 2018 | 8.05% | 17.84% |
| Dec 31, 2017 | 5.73% | 14.00% |
| Dec 31, 2016 | 3.23% | 14.37% |
| Dec 31, 2015 | 14.12% | 14.62% |
| Dec 31, 2014 | 10.97% | 15.50% |
| Dec 31, 2013 | 9.21% | 12.90% |
| Dec 28, 2012 | 9.00% | 16.48% |
| Dec 30, 2011 | 3.35% | 17.53% |
| Dec 31, 2010 | 5.10% | 15.57% |
| Jan 1, 2010 | -4.36% | 14.40% |
| Jan 2, 2009 | 4.07% | 13.50% |
| Dec 28, 2007 | 7.78% | 8.95% |
| Dec 29, 2006 | 7.08% | 12.01% |
| Dec 30, 2005 | 7.84% | 9.60% |
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), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2010-01-01), 10-K (reporting date: 2009-01-02), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).
Comparison to Industry (Consumer Discretionary)
Marriott International Inc., ROA, long-term trends, comparison to industry (consumer discretionary)
| Marriott International Inc. | Consumer Discretionary | |
|---|---|---|
| Dec 31, 2019 | 5.08% | 5.57% |
| Dec 31, 2018 | 8.05% | 5.96% |
| Dec 31, 2017 | 5.73% | 4.05% |
| Dec 31, 2016 | 3.23% | 5.57% |
| Dec 31, 2015 | 14.12% | 6.25% |
| Dec 31, 2014 | 10.97% | 4.75% |
| Dec 31, 2013 | 9.21% | 5.52% |
| Dec 28, 2012 | 9.00% | 5.65% |
| Dec 30, 2011 | 3.35% | 9.48% |
| Dec 31, 2010 | 5.10% | 6.05% |
| Jan 1, 2010 | -4.36% | 4.67% |
| Jan 2, 2009 | 4.07% | 0.21% |
| Dec 28, 2007 | 7.78% | 2.85% |
| Dec 29, 2006 | 7.08% | 0.60% |
| Dec 30, 2005 | 7.84% | 3.80% |
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), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-28), 10-K (reporting date: 2011-12-30), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2010-01-01), 10-K (reporting date: 2009-01-02), 10-K (reporting date: 2007-12-28), 10-K (reporting date: 2006-12-29), 10-K (reporting date: 2005-12-30).