MARMarriott International

Consumer discretionary · Hotels · Nasdaq

We are a worldwide franchisor, operator, and licensor of hotel, residential, timeshare, and other lodging properties under a portfolio of compelling brands at different price and service points. 10-K, Item 1

Employees: 414,000
Headquarters: Bethesda, MD
CEO: Anthony Capuano
Next results: around Feb 9, 2027

Compare with peers → Embed

RevenueFY2016–25 $26.2B+4.3% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $2.6B+9.5% FY2024: $2.4B 10-K FY2025 · XBRL Free cash flowFY2016–25 $2.6B+30.5% FY2024: $2.0B 10-K FY2025 · XBRL Operating marginFY2016–25 15.8%+0.8 pts 9.2% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Feb 10, 2026 against Feb 11, 2025

Area	What changed	Source
Risk factors	4 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Accounting checks	10 other checks clear	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	2 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 10, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-11. Quoted as filed.

Insurance coverage designed to limit our exposure to losses such as those related to the Data Security Incident is costly and may not be sufficient or available to cover all of our expenses or other losses (including payments, fines, or penalties resulting from legal proceedings or investigations) related to the Data Security Incident,…
10-K, Item 1A

All 4 new paragraphs →

Accounting checks

latest 10-K

10 of 10 clear 0 worth a look. Checks, not verdicts.

✓
Receivables +4.1% vs revenue +4.3% (-0.2 pts)
✓
Cash from operations $3.2B vs net income $2.6B (FY ending 2025-12-31)
✓
Same auditor in both 10-Ks: Ernst & Young LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
The same matters as last year: Accounting for the Loyalty Program; Accounting for General and Administrative Expenses and Reimbursed Expenses
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nov 2, 20268-K Quarterly results 8-K item 2.02
Nov 2, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026

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