Marriott International (MAR) valuation
Marriott International P/E ratio history
Marriott International trades at 41.3 times its earnings over the last twelve months and 32.1 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 20.2 (year to Dec 2018) to 49.5 (year to Dec 2021), with a median of 32.6.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $310.24 | $9.51 | 32.6 | 28.2 |
| Dec 31, 2024 | $278.94 | $8.33 | 33.5 | 27.1 |
| Dec 31, 2023 | $225.51 | $10.18 | 22.2 | 24.0 |
| Dec 31, 2022 | $148.89 | $7.24 | 20.6 | — |
| Dec 31, 2021 | $165.24 | $3.34 | 49.5 | 34.8 |
| Dec 31, 2020 | $131.92 | -$0.82 | n/m | — |
| Dec 31, 2019 | $151.43 | $3.79 | 40.0 | — |
| Dec 31, 2018 | $108.56 | $5.38 | 20.2 | — |
| Dec 31, 2017 | $135.73 | $3.83 | 35.4 | — |
| Dec 31, 2016 | $82.68 | $2.69 | 30.7 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Marriott International valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Marriott InternationalMAR | $105B | 41.3 | 32.1 | 3.9 |
| Royal Caribbean GroupRCL | $82.2B | 18.2 | 15.5 | 4.3 |
| Hilton WorldwideHLT | $80.3B | 48.2 | 35.3 | 6.3 |
| CarnivalCCL | $39.5B | 12.5 | 11.6 | 1.4 |
| Expedia GroupEXPE | $34.3B | 17.9 | 12.5 | 2.2 |
| Norwegian Cruise Line HoldingsNCLH | $8.07B | 9.5 | 11.6 | 0.8 |
| Peer median | 17.9 | 12.5 | 2.2 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MAR financials · MAR returns
No forecast, no recommendation. This page describes Marriott International from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.