Marriott International (MAR)
NASDAQ:MAR
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3.06Last Year’s EPS
2.65Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid operational and financial momentum — above-guidance Q1 RevPAR, double-digit fee and earnings growth, robust development activity and technology/AI initiatives — while acknowledging a significant near-term headwind from the Middle East conflict (material March Q1 decline and an expected Q2 trough) and some regional softness (Mexico, APAC airlift effects). Management raised full-year revenue and earnings targets and reiterated strong capital return plans, but flagged ongoing uncertainty tied to conflict-related demand and pending credit-card deal timing.Company Guidance
Global RevPAR Growth and Raised Guidance
Global RevPAR rose 4.2% in Q1 and management raised full-year global RevPAR guidance to +2% to +3% (up from prior guidance), reflecting outperformance in Q1 and continued strength in U.S. & Canada and Greater China.
U.S. & Canada Strength Across Chain Scales
RevPAR in the U.S. & Canada increased 4.0% in Q1 with luxury up nearly 7% and select service up 3.5% (a meaningful improvement from down >1% in Q4), indicating broad-based recovery across tiers.
International and APAC Recovery
International RevPAR rose 4.6% in Q1; APAC RevPAR increased over 7% driven by ADR growth and stronger demand from Chinese guests; Greater China RevPAR rose nearly 6%, with Hong Kong and Hainan up ~20% YoY.
Strong Fee and Earnings Performance
Total gross fee revenues rose 12% YoY to $1.43 billion in Q1. Adjusted EBITDA increased 15% to $1.4 billion and adjusted diluted EPS grew 17% to $2.72.
Robust Development and Pipeline
Record Q1 global signings were up 9% YoY; net rooms growth was 4.5% on a trailing 12-month basis through March; global pipeline grew >5% YoY to ~618,000 rooms with 43% of pipeline rooms under construction.
Conversions Driving Growth
Conversions remained a significant growth driver, representing over 35% of signings and over 40% of openings in the quarter, supporting expectations for 4.5%–5% net rooms growth for the year.
Credit Card & Residential Fee Momentum
Co-branded credit card fees increased ~37% in Q1 and are expected to increase ~35% for the full year; residential branding fees rose >70% in Q1 and full-year guidance raised to +45% to +50%.
Large Loyalty Base and Direct Booking Focus
Marriott Bonvoy reached nearly 283 million members. Management highlighted ongoing card rollouts (37 cards across 13 countries) and tech/AI initiatives to drive direct bookings and guest personalization.
Technology Transformation and AI Initiatives
Marriott migrated its 1,000th hotel to the new tech ecosystem and plans a phased rollout of natural language/conversational search on marriott.com and the app by end of Q2; AI pilots in customer engagement and sales tools are underway.
Upgraded Full-Year Financial Targets and Capital Return
Full-year gross fee guidance increased to $5.93–$5.99 billion (up ~9%–10%); adjusted EBITDA guidance raised to ~$5.88–$5.97 billion (+9%–11%); full-year adjusted diluted EPS guidance $11.38–$11.63 (+14%–16%); expected shareholder returns >$4.4 billion in 2026.
MAR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MAR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $353.82 | $358.35 | +1.28% |
Feb 10, 2026 | $329.92 | $357.95 | +8.50% |
Nov 05, 2025 | $270.54 | $281.30 | +3.98% |
Aug 05, 2025 | $256.86 | $257.44 | +0.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Marriott International (MAR) report earnings?
Marriott International (MAR) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Marriott International (MAR) earnings time?
Marriott International (MAR) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MAR EPS forecast?
MAR EPS forecast for the fiscal quarter 2026 (Q2) is 3.06.
