earnings
confidence high
sentiment positive
materiality 0.70
Marriott Q4 2021: adjusted EPS $1.30, RevPAR up 124.5% YoY but still 19% below 2019
MARRIOTT INTERNATIONAL INC /MD/
2021-FY EPS reported
$3.34
revenue$13,857,000,000
- Reported diluted EPS $1.42 vs loss $0.50 YoY; adjusted EPS $1.30 vs $0.12.
- Worldwide RevPAR +124.5% YoY, but declined 19% vs 2019; U.S. & Canada -15.3% vs 2019.
- Net income $468M vs loss $164M; adjusted EBITDA $741M vs $317M.
- Net rooms grew 3.9% in 2021; pipeline ~485k rooms; 2022 net rooms growth expected 3.5-4%.
- CEO optimistic for continued recovery in 2022; potential cash return to shareholders later in 2022.