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Marriott International Reports Fourth Quarter and Full Year 2024 Results

1. Marriott's Q4 2024 adjusted EPS rose to $2.45, boosting investor confidence. 2. Record gross room additions of 123,000 signify strong growth potential for Marriott.

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$304.4502/11 07:03 AM EDTEvent Start
$289.8702/12 01:49 PM EDTLatest Updated
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FAQ

Why Bullish?

Strong earnings and room growth indicate robust financial health, similar to prior successful quarters.

How important is it?

Positive financial performance and expansion plans are crucial indicators of MAR's future success.

Why Long Term?

Sustained growth in revenue per available room affects long-term profitability, as seen in previous years.

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Fourth quarter 2024 RevPAR 1  increased 5.0 percent worldwide, with 4.1 percent growth in the U.S. & Canada and 7.2 percent growth in international markets Fourth quarter reported diluted EPS totaled $1.63 and adjusted diluted EPS totaled $2.45 Fourth quarter reported net income totaled $455 million and adjusted net income totaled $686 million Fourth quarter adjusted EBITDA totaled $1,286 million With record gross room additions of over 123,000 in 2024, net rooms grew 6.8 percent from year-end 2023 At the end of the year, Marriott's worldwide development pipeline totaled nearly 3,800 properties and over 577,000 rooms The company returned over $4.4 billion to shareholders through dividends and share repurchases in 2024 For a summary of fourth quarter and full year 2024 highlights, please visit: https://news.marriott.com/static-assets/component-resources/newscenter/earnings/2025/ce86e15d-fd4c-48b1-8ce5-44ad6a468787.pdf BETHESDA, Md. , Feb. 11, 2025 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today reported fourth quarter and full year 2024 results.

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