Summary
Marriott International, Inc. (MAR) reported strong financial results for the second quarter and first half of 2025, demonstrating resilience and continued growth. The company saw an increase in net income to $763 million for the quarter and $1.428 billion for the half-year, up from $772 million and $1.336 billion respectively in the prior year periods, with diluted EPS reaching $2.78 and $5.17. Revenues were driven by robust performance across its fee structures, with net fee revenues growing 4% and 7% for the quarter and half-year respectively. The company's global RevPAR increased by 1.5% for the quarter and 2.8% for the half-year, bolstered by international markets, particularly in APEC and EMEA, while U.S. & Canada showed stable performance despite some headwinds in select-service hotels. Marriott also continues to expand its global footprint, with a significant increase in properties and rooms, and maintains a strong development pipeline, expecting net rooms growth to approach 5% for the full year. Financially, Marriott maintained a healthy liquidity position, with cash and equivalents increasing. The company actively returned capital to shareholders through dividends and share repurchases, totaling $357 million and $1.7 billion year-to-date respectively. A significant strategic development was the agreement to acquire the citizenM brand, expected to close in the third quarter, further enhancing Marriott's portfolio.
Financial Highlights
43 data points| Revenue | $6.74B |
| Operating Expenses | $5.51B |
| Operating Income | $1.24B |
| Net Income | $763.00M |
| EPS (Basic) | $2.78 |
| EPS (Diluted) | $2.78 |
| Shares Outstanding (Basic) | 274.20M |
| Shares Outstanding (Diluted) | 274.70M |
Key Highlights
- 1Net income for Q2 2025 was $763 million, and $1.428 billion for the first half of 2025.
- 2Diluted Earnings Per Share (EPS) was $2.78 for Q2 2025 and $5.17 for the first half of 2025.
- 3Net fee revenues increased by 4% in Q2 2025 and 5% in the first half of 2025 compared to the prior year.
- 4Worldwide RevPAR grew by 1.5% in Q2 2025 and 2.8% in the first half of 2025, with strong international performance.
- 5Marriott's system expanded by 7% in properties and 5% in rooms year-over-year as of June 30, 2025.
- 6The company is actively returning capital to shareholders, with $357 million in dividends and $1.7 billion in share repurchases year-to-date in 2025.
- 7Marriott announced an agreement to acquire the citizenM brand and related intellectual property for $355 million, expected to close in Q3 2025.