68/100B416.47
USD
-0.80
(-0.19%)
Post Trading·416.15USD-0.32(-0.08%)
Fair value295.29Plus+41%195Price 416.47425
Q4 FY2026 · Earnings report
EPS estimate 3.15Revenue estimate 7.18B
Q4 FY2026 · Earnings report
EPS estimate 3.15Revenue estimate 7.18B
Marriott International total debt 1997–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Marriott International's total debt was 17.68B USD on 30 September 2026, up 4.7% on a year before. At the end of fiscal year 2025 it was 17.08B USD.
Last updated 8 Nov 2026 · Next report 9 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 17.68B | +4.69% | 453.00M | -17.23B | — |
| FY2025 | 31 Dec 2025 | 17.08B | +12.09% | 358.00M | -16.73B | — |
| FY2024 | 31 Dec 2024 | 15.24B | +19.44% | 396.00M | -14.85B | — |
| FY2023 | 31 Dec 2023 | 12.76B | +14.98% | 338.00M | -12.42B | — |
| FY2022 | 31 Dec 2022 | 11.10B | -1.23% | 507.00M | -10.59B | 19.54 |
| FY2021 | 31 Dec 2021 | 11.24B | +0.33% | 1.39B | -9.84B | 7.95 |
| FY2020 | 31 Dec 2020 | 11.20B | -5.27% | 877.00M | -10.32B | 26.04 |
| FY2019 | 31 Dec 2019 | 11.82B | +26.48% | 225.00M | -11.60B | 16.82 |
| FY2018 | 31 Dec 2018 | 9.35B | +13.46% | 316.00M | -9.03B | 4.20 |
| FY2017 | 31 Dec 2017 | 8.24B | -3.15% | 383.00M | -7.86B | 2.30 |
| FY2016 | 31 Dec 2016 | 8.51B | +107.11% | 858.00M | -7.65B | 1.59 |
| FY2015 | 31 Dec 2015 | 4.11B | +8.62% | 96.00M | -4.01B | — |
| FY2014 | 31 Dec 2014 | 3.78B | +19.92% | 104.00M | -3.68B | — |
| FY2013 | 31 Dec 2013 | 3.15B | +7.43% | 126.00M | -3.03B | — |
| FY2012 | 31 Dec 2012 | 2.94B | +35.19% | 88.00M | -2.85B | — |
| FY2011 | 31 Dec 2011 | 2.17B | -23.26% | 102.00M | -2.07B | — |
| FY2010 | 31 Dec 2010 | 2.83B | +23.11% | 505.00M | -2.32B | 1.78 |
| FY2009 | 31 Dec 2009 | 2.30B | -25.75% | 115.00M | -2.18B | 2.01 |
| FY2008 | 31 Dec 2008 | 3.10B | +4.38% | 134.00M | -2.96B | 2.24 |
| FY2007 | 31 Dec 2007 | 2.97B | +61.76% | 332.00M | -2.63B | 2.07 |
| FY2006 | 31 Dec 2006 | 1.83B | +5.53% | 193.00M | -1.64B | 0.70 |
| FY2005 | 31 Dec 2005 | 1.74B | +31.09% | 203.00M | -1.53B | 0.53 |
| FY2004 | 31 Dec 2004 | 1.33B | -8.93% | 770.00M | -555.00M | 0.32 |
| FY2003 | 31 Dec 2003 | 1.46B | -18.94% | 229.00M | -1.23B | 0.38 |
| FY2002 | 31 Dec 2002 | 1.80B | -36.23% | 198.00M | -1.60B | 0.50 |
| FY2001 | 31 Dec 2001 | 2.82B | +39.63% | 817.00M | -2.00B | 0.81 |
| FY2000 | 31 Dec 2000 | 2.02B | +20.29% | 334.00M | -1.68B | 0.62 |
| FY1999 | 31 Dec 1999 | 1.68B | +32.28% | 489.00M | -1.19B | 0.58 |
| FY1998 | 31 Dec 1998 | 1.27B | +200.24% | 390.00M | -877.00M | 0.49 |
| FY1997 | 31 Dec 1997 | 422.00M | — | 289.00M | -133.00M | 0.16 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 17.68B | +4.69% | 453.00M | -17.23B | — |
| Q2 FY2026 | 30 Jun 2026 | 17.77B | +7.49% | 462.00M | -17.31B | — |
| Q1 FY2026 | 31 Mar 2026 | 17.41B | +9.81% | 454.00M | -16.95B | — |
| Q4 FY2025 | 31 Dec 2025 | 17.08B | +12.09% | 358.00M | -16.73B | — |
| Q3 FY2025 | 30 Sept 2025 | 16.89B | +16.76% | 678.00M | -16.21B | — |
| Q2 FY2025 | 30 Jun 2025 | 16.54B | +18.38% | 671.00M | -15.87B | — |
| Q1 FY2025 | 31 Mar 2025 | 15.85B | +17.34% | 523.00M | -15.33B | — |
| Q4 FY2024 | 31 Dec 2024 | 15.24B | +19.44% | 396.00M | -14.85B | — |
| Q3 FY2024 | 30 Sept 2024 | 14.46B | +13.57% | 394.00M | -14.07B | — |
| Q2 FY2024 | 30 Jun 2024 | 13.97B | +13.60% | 349.00M | -13.62B | — |
| Q1 FY2024 | 31 Mar 2024 | 13.51B | +15.65% | 429.00M | -13.08B | — |
| Q4 FY2023 | 31 Dec 2023 | 12.76B | +14.98% | 338.00M | -12.42B | — |
| Q3 FY2023 | 30 Sept 2023 | 12.73B | +22.15% | 717.00M | -12.02B | — |
| Q2 FY2023 | 30 Jun 2023 | 12.30B | +25.01% | 563.00M | -11.73B | — |
| Q1 FY2023 | 31 Mar 2023 | 11.68B | +10.88% | 554.00M | -11.13B | 83.44 |
| Q4 FY2022 | 31 Dec 2022 | 11.10B | -1.23% | 507.00M | -10.59B | 19.54 |
| Q3 FY2022 | 30 Sept 2022 | 10.43B | -1.09% | 1.05B | -9.38B | 9.81 |
| Q2 FY2022 | 30 Jun 2022 | 9.84B | -10.03% | 546.00M | -9.29B | 5.55 |
| Q1 FY2022 | 31 Mar 2022 | 10.54B | -4.08% | 1.04B | -9.49B | 5.95 |
| Q4 FY2021 | 31 Dec 2021 | 11.24B | +0.33% | 1.39B | -9.84B | 7.95 |
| Q3 FY2021 | 30 Sept 2021 | 10.54B | -10.77% | 772.00M | -9.77B | 11.48 |
| Q2 FY2021 | 30 Jun 2021 | 10.93B | -13.42% | 664.00M | -10.27B | 13.73 |
| Q1 FY2021 | 31 Mar 2021 | 10.98B | -16.03% | 628.00M | -10.36B | 46.94 |
| Q4 FY2020 | 31 Dec 2020 | 11.20B | -5.27% | 877.00M | -10.32B | 26.04 |
| Q3 FY2020 | 30 Sept 2020 | 11.81B | +1.42% | 1.58B | -10.24B | 51.58 |
| Q2 FY2020 | 30 Jun 2020 | 12.63B | +11.68% | 2.28B | -10.35B | — |
| Q1 FY2020 | 31 Mar 2020 | 13.08B | +17.35% | 1.76B | -11.32B | — |
| Q4 FY2019 | 31 Dec 2019 | 11.82B | +26.48% | 225.00M | -11.60B | 16.82 |
| Q3 FY2019 | 30 Sept 2019 | 11.65B | +24.87% | 276.00M | -11.37B | 13.90 |
| Q2 FY2019 | 30 Jun 2019 | 11.31B | +25.76% | 284.00M | -11.02B | 9.12 |
| Q1 FY2019 | 31 Mar 2019 | 11.15B | +25.99% | 258.00M | -10.89B | 6.95 |
| Q4 FY2018 | 31 Dec 2018 | 9.35B | +13.46% | 316.00M | -9.03B | 4.20 |
| Q3 FY2018 | 30 Sept 2018 | 9.33B | +7.59% | 373.00M | -8.95B | 4.01 |
| Q2 FY2018 | 30 Jun 2018 | 8.99B | +8.16% | 366.00M | -8.63B | 3.16 |
| Q1 FY2018 | 31 Mar 2018 | 8.85B | +4.44% | 701.00M | -8.15B | 2.48 |
| Q4 FY2017 | 31 Dec 2017 | 8.24B | -3.15% | 383.00M | -7.86B | 2.30 |
| Q3 FY2017 | 30 Sept 2017 | 8.67B | -1.73% | 508.00M | -8.16B | 1.92 |
| Q2 FY2017 | 30 Jun 2017 | 8.31B | +90.67% | 498.00M | -7.82B | 1.70 |
| Q1 FY2017 | 31 Mar 2017 | 8.47B | +103.65% | 738.00M | -7.73B | 1.64 |
| Q4 FY2016 | 31 Dec 2016 | 8.51B | +107.11% | 858.00M | -7.65B | 1.59 |
| Q3 FY2016 | 30 Sept 2016 | 8.82B | +104.97% | 1.08B | -7.74B | 1.51 |
| Q2 FY2016 | 30 Jun 2016 | 4.36B | +11.31% | 679.00M | -3.68B | — |
| Q1 FY2016 | 31 Mar 2016 | 4.16B | +3.25% | 99.00M | -4.06B | — |
| Q4 FY2015 | 31 Dec 2015 | 4.11B | +8.62% | 96.00M | -4.01B | — |
| Q3 FY2015 | 30 Sept 2015 | 4.30B | +22.00% | 95.00M | -4.21B | — |
| Q2 FY2015 | 30 Jun 2015 | 3.92B | +15.07% | 140.00M | -3.78B | — |
| Q1 FY2015 | 31 Mar 2015 | 4.03B | +21.99% | 120.00M | -3.91B | — |
| Q4 FY2014 | 31 Dec 2014 | 3.78B | +19.92% | 104.00M | -3.68B | — |
| Q3 FY2014 | 30 Sept 2014 | 3.53B | +11.79% | 150.00M | -3.38B | — |
| Q2 FY2014 | 30 Jun 2014 | 3.40B | +10.27% | 192.00M | -3.21B | — |
| Q1 FY2014 | 31 Mar 2014 | 3.30B | +1.44% | 184.00M | -3.12B | — |
| Q4 FY2013 | 31 Dec 2013 | 3.15B | +7.43% | 126.00M | -3.03B | — |
| Q3 FY2013 | 30 Sept 2013 | 3.16B | — | 144.00M | -3.01B | — |
| Q2 FY2013 | 30 Jun 2013 | 3.09B | +20.59% | 108.00M | -2.98B | — |
| Q1 FY2013 | 31 Mar 2013 | 3.26B | +28.81% | 221.00M | -3.03B | — |
| Q4 FY2012 | 31 Dec 2012 | 2.94B | +35.19% | 88.00M | -2.85B | — |
| Q3 FY2012 | 7 Sept 2012 | 2.51B | -19.14% | 105.00M | -2.40B | — |
| Q2 FY2012 | 15 Jun 2012 | 2.56B | -12.39% | 105.00M | -2.46B | — |
| Q1 FY2012 | 23 Mar 2012 | 2.53B | -11.55% | 290.00M | -2.24B | — |
| Q4 FY2011 | 31 Dec 2011 | 2.17B | -23.26% | 102.00M | -2.07B | — |
| Q3 FY2011 | 9 Sept 2011 | 3.10B | +13.83% | 220.00M | -2.88B | 7.22 |
| Q2 FY2011 | 17 Jun 2011 | 2.92B | +0.38% | 117.00M | -2.81B | 2.57 |
| Q1 FY2011 | 25 Mar 2011 | 2.86B | -12.60% | 144.00M | -2.71B | 2.06 |
| Q4 FY2010 | 31 Dec 2010 | 2.83B | +23.11% | 505.00M | -2.32B | 1.78 |
| Q3 FY2010 | 10 Sept 2010 | 2.73B | +2.48% | 223.00M | -2.50B | 2.01 |
| Q2 FY2010 | 18 Jun 2010 | 2.91B | +2.18% | 100.00M | -2.81B | 2.38 |
| Q1 FY2010 | 26 Mar 2010 | 3.27B | +9.81% | 118.00M | -3.15B | 3.06 |
| Q4 FY2009 | 31 Dec 2009 | 2.30B | -25.75% | 115.00M | -2.18B | 2.01 |
| Q3 FY2009 | 11 Sept 2009 | 2.66B | -12.67% | 130.00M | -2.53B | 2.70 |
| Q2 FY2009 | 19 Jun 2009 | 2.85B | -6.53% | 125.00M | -2.72B | 2.01 |
| Q1 FY2009 | 27 Mar 2009 | 2.98B | -12.31% | 168.00M | -2.81B | 2.24 |
| Q4 FY2008 | 31 Dec 2008 | 3.10B | +4.38% | 134.00M | -2.96B | 2.24 |
| Q3 FY2008 | 5 Sept 2008 | 3.05B | +3.32% | 117.00M | -2.93B | 2.13 |
| Q2 FY2008 | 13 Jun 2008 | 3.05B | +33.45% | 125.00M | -2.92B | 2.12 |
| Q1 FY2008 | 21 Mar 2008 | 3.40B | +40.41% | 314.00M | -3.08B | 2.57 |
| Q4 FY2007 | 31 Dec 2007 | 2.97B | +61.76% | 332.00M | -2.63B | 2.07 |
| Q3 FY2007 | 7 Sept 2007 | 2.95B | +80.20% | 208.00M | -2.74B | 1.79 |
| Q2 FY2007 | 15 Jun 2007 | 2.28B | +46.32% | 151.00M | -2.13B | 1.16 |
| Q1 FY2007 | 23 Mar 2007 | 2.42B | +28.82% | 124.00M | -2.29B | 1.09 |
| Q4 FY2006 | 31 Dec 2006 | 1.83B | +5.53% | 193.00M | -1.64B | 0.70 |
| Q3 FY2006 | 8 Sept 2006 | 1.64B | -9.96% | 136.00M | -1.50B | 0.61 |
| Q2 FY2006 | 16 Jun 2006 | 1.56B | +9.01% | 364.00M | -1.20B | 0.53 |
| Q1 FY2006 | 24 Mar 2006 | 1.88B | +41.77% | 172.00M | -1.71B | 0.62 |
| Q4 FY2005 | 31 Dec 2005 | 1.74B | +31.09% | 203.00M | -1.53B | 0.53 |
| Q3 FY2005 | 9 Sept 2005 | 1.82B | +32.15% | 161.00M | -1.66B | 0.55 |
| Q2 FY2005 | 17 Jun 2005 | 1.43B | -0.14% | 471.00M | -961.00M | 0.39 |
| Q1 FY2005 | 25 Mar 2005 | 1.32B | -23.42% | 377.00M | -947.00M | 0.34 |
| Q4 FY2004 | 31 Dec 2004 | 1.33B | -8.93% | 770.00M | -555.00M | 0.32 |
| Q3 FY2004 | 10 Sept 2004 | 1.38B | -18.15% | 202.00M | -1.17B | 0.37 |
| Q2 FY2004 | 18 Jun 2004 | 1.43B | -15.89% | 164.00M | -1.27B | 0.37 |
| Q1 FY2004 | 26 Mar 2004 | 1.73B | -19.95% | 203.00M | -1.53B | 0.47 |
| Q4 FY2003 | 31 Dec 2003 | 1.46B | -18.94% | 229.00M | -1.23B | 0.38 |
| Q3 FY2003 | 12 Sept 2003 | 1.68B | -7.08% | 113.00M | -1.57B | 0.46 |
| Q2 FY2003 | 20 Jun 2003 | 1.71B | -10.78% | 144.00M | -1.56B | 0.46 |
| Q1 FY2003 | 28 Mar 2003 | 2.16B | -1.01% | 525.00M | -1.64B | 0.61 |
| Q4 FY2002 | 31 Dec 2002 | 1.80B | -36.23% | 198.00M | -1.60B | 0.50 |
| Q3 FY2002 | 6 Sept 2002 | 1.81B | -22.00% | 311.00M | -1.50B | 0.48 |
| Q2 FY2002 | 14 Jun 2002 | 1.91B | -17.42% | 200.00M | -1.71B | 0.51 |
| Q1 FY2002 | 22 Mar 2002 | 2.18B | +8.45% | 190.00M | -1.99B | 0.60 |
| Q4 FY2001 | 31 Dec 2001 | 2.82B | +39.63% | 817.00M | -2.00B | 0.81 |
| Q3 FY2001 | 7 Sept 2001 | 2.32B | +32.00% | 874.00M | -1.44B | 0.64 |
| Q2 FY2001 | 15 Jun 2001 | 2.31B | +18.18% | 674.00M | -1.64B | 0.64 |
| Q1 FY2001 | 23 Mar 2001 | 2.01B | -2.71% | 370.00M | -1.64B | 0.58 |
| Q4 FY2000 | 31 Dec 2000 | 2.02B | +20.29% | 334.00M | -1.68B | 0.62 |
| Q3 FY2000 | 8 Sept 2000 | 1.76B | +20.44% | 378.00M | -1.38B | 0.58 |
| Q2 FY2000 | 16 Jun 2000 | 1.96B | +66.21% | 410.00M | -1.55B | 0.68 |
| Q1 FY2000 | 24 Mar 2000 | 2.07B | +63.35% | 372.00M | -1.70B | 0.74 |
| Q4 FY1999 | 31 Dec 1999 | 1.68B | +32.28% | 489.00M | -1.19B | 0.58 |
| Q3 FY1999 | 10 Sept 1999 | 1.46B | +69.93% | 324.00M | -1.13B | 0.52 |
| Q2 FY1999 | 18 Jun 1999 | 1.18B | +76.35% | 240.00M | -938.00M | 0.41 |
| Q1 FY1999 | 26 Mar 1999 | 1.27B | +67.68% | 335.00M | -931.00M | 0.45 |
| Q4 FY1998 | 31 Dec 1998 | 1.27B | — | 390.00M | -877.00M | 0.49 |
| Q3 FY1998 | 11 Sept 1998 | 858.00M | — | 335.00M | -523.00M | 0.34 |
| Q2 FY1998 | 19 Jun 1998 | 668.00M | — | 318.00M | -350.00M | 0.25 |
| Q1 FY1998 | 27 Mar 1998 | 755.00M | — | 478.00M | -277.00M | 0.28 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Marriott International's debt
Source: Financial Modeling Prep