secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001628280-24-004335
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Q4 adjusted EPS $3.57 vs $1.96 YoY; RevPAR up 7.2% globally
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000162828024004335/0001628280-24-004335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000162828024004335/mar-20240213.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-004335

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer