earnings
confidence high
sentiment positive
materiality 0.85
Marriott Q4 adjusted EPS $3.57 vs $1.96 YoY; RevPAR up 7.2% globally
MARRIOTT INTERNATIONAL INC /MD/
2023-FY EPS reported
$10.18
revenue$23,713,000,000
- Q4 reported net income $848M, up 26% YoY; adjusted net income $1,055M.
- Q4 adjusted EBITDA $1,197M, +10% YoY; global RevPAR +7.2%.
- Full-year net rooms growth 4.7%; pipeline record ~573,000 rooms.
- FY 2024 guidance: global RevPAR +3-5%, adjusted EBITDA $4.88-5.01B, EPS $9.18-9.52.
- Returned $4.5B to shareholders in 2023; plans to return $4.1-4.3B in 2024.