- Marriott International‘s adjusted earnings per share (EPS) for the fourth quarter were $2.45, beating the estimated $2.37 but down from the previous year’s $3.57.
- The reported EPS was $1.63, compared to $2.87 in the same quarter last year.
- Revenue increased by 5.5% year-over-year to $6.43 billion, slightly above the expected $6.39 billion.
- North America Revenue per Available Room (REVPAR) increased by 4.1% in constant currency.
- Adjusted EBITDA was $1.29 billion, up 7.4% year-over-year, surpassing the estimate of $1.25 billion.
- Adjusted operating income grew by 8.1% to $1.07 billion, higher than the estimated $1.06 billion.
- The adjusted operating margin improved to 62%, compared to 59% the previous year and an estimated 61.8%.
- The total location count increased by 6.6% year-over-year to 9,361, exceeding the estimate of 8,922.
- Total rooms at the end of the period numbered 1.71 million, a 6.8% increase year-over-year, slightly above the expected 1.70 million.
- Comments noted that worldwide RevPAR rose 5%, driven by gains in both Average Daily Rate (ADR) and occupancy.
- Analyst ratings include 9 buys, 19 holds, and 2 sells.
Marriott International on Smartkarma
Analysts on Smartkarma, such as Baptista Research, are closely monitoring Marriott International‘s performance. In a recent report titled “Why Marriott International’s Expansion in Greater China Could Be a Game-Changer for Investors! – Major Drivers,” Baptista Research highlights the company’s third-quarter financial results for 2024. The report notes a 6% year-over-year growth in net rooms, showcasing Marriott’s strong expansion efforts and development activities. Global Revenue Per Available Room (RevPAR) also saw a 3% rise, driven by a 2.5% increase in Average Daily Rate (ADR), with the group segment performing exceptionally well with a 10% increase in RevPAR, indicating sustained demand in this category.
A look at Marriott International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 0 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Marriott International Inc., a leading operator and franchisor of hotels globally, appears to have a promising long-term outlook based on Smartkarma Smart Scores. With high scores in Growth, Resilience, and Momentum, the company seems positioned for steady expansion and performance in the future. The Growth score indicates strong potential for the company to increase its revenue and market share over time. Additionally, the high Resilience score suggests that Marriott International is well-equipped to weather challenges and economic fluctuations. Coupled with a robust Momentum score, which reflects the company’s positive market sentiment and performance trend, Marriott International seems to have a bright future ahead.
Although the Value score for Marriott International is lower, its strengths in Dividend, Growth, Resilience, and Momentum paint a favorable picture for investors considering the company for the long term. As a significant player in the hospitality industry, Marriott International‘s diverse brand portfolio and services to lodging facilities and vacation resorts position it as a strong contender in the market. Investors may find Marriott International appealing for its growth potential, resilience in uncertain times, and positive market momentum, which collectively indicate a promising outlook for the company’s future performance and expansion.
Summary of Company Description:
Marriott International Inc. is a worldwide operator and franchisor of hotels. The Company franchises lodging facilities and vacation timesharing resorts under various brand names. Marriott also provides services to home and condominium owner associations for projects associated with several of its brands.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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