Marriott International, Inc. (MAR) FCF Payout Ratio: 23.63%
Is Marriott International, Inc.’s FCF payout ratio high or low?
Marriott International, Inc.'s FCF payout ratio of 23.63% is in line with its 5-year average of 21.88%, around the middle of its 5-year range (10.37%–34.12%).
The FCF payout ratio for Marriott International, Inc. (MAR) is 23.63%. It is below its 12-month average by 23.34% (30.82%).
MAR FCF Payout Ratio Chart
MAR Average FCF Payout Ratio Chart
MAR Current vs Average FCF Payout Ratio Chart
MAR FCF Payout Ratio Metrics
FCF PAYOUT RATIO
23.63%
FCF PAYOUT RATIO AVG TTM
30.82%
FCF PAYOUT RATIO AVG 3Y
24.76%
FCF PAYOUT RATIO AVG 5Y
21.88%
FCF PAYOUT RATIO AVG 10Y
27.04%
FCF PAYOUT RATIO AVG 15Y
25.06%
FCF PAYOUT RATIO AVG 20Y
36.02%
CURRENT VS TTM AVG
-23.34%
CURRENT VS 3Y AVG
-4.57%
CURRENT VS 5Y AVG
+7.98%
CURRENT VS 10Y AVG
-12.60%
CURRENT VS 15Y AVG
-5.70%
CURRENT VS 20Y AVG
-34.41%
Payout Ratio Comparison
FCF Payout Ratio
23.6%
Earnings Payout Ratio
28.8%
Dividend Yield
0.71%
FCF Yield
2.99%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $2.61B | $718.00M | 27.5% |
| 2024 | $2.00B | $682.00M | 34.1% |
| 2023 | $2.72B | $587.00M | 21.6% |
| 2022 | $2.03B | $321.00M | 15.8% |
| 2021 | $994.00M | $0 | 0.0% |
| 2020 | $1.50B | $156.00M | 10.4% |
| 2019 | $1.03B | $612.00M | 59.3% |
| 2018 | $1.80B | $543.00M | 30.1% |
| 2017 | $1.99B | $482.00M | 24.3% |
| 2016 | $1.42B | $374.00M | 26.3% |
| 2015 | $1.21B | $253.00M | 20.9% |
| 2014 | $813.00M | $223.00M | 27.4% |
| 2013 | $844.00M | $196.00M | 23.2% |
| 2012 | $552.00M | $191.00M | 34.6% |
| 2011 | $906.00M | $134.00M | 14.8% |
| 2010 | $788.00M | $43.00M | 5.5% |
| 2009 | $682.00M | $63.00M | 9.2% |
| 2008 | $151.00M | $115.00M | 76.2% |
| 2007 | $107.00M | $105.00M | 98.1% |
| 2006 | $441.00M | $93.00M | 21.1% |
| 2005 | $60.00M | $84.00M | 140.0% |
| 2004 | $710.00M | $73.00M | 10.3% |
| 2003 | $193.00M | $68.00M | 35.2% |
| 2002 | $224.00M | $65.00M | 29.0% |
| 2001 | ($157.00M) | $61.00M | N/A (Loss) |
| 2000 | ($239.00M) | $55.00M | N/A (Loss) |
| 1999 | ($279.00M) | $52.00M | N/A (Loss) |
| 1998 | ($380.00M) | $37.00M | N/A (Loss) |
| 1997 | $1.00M | $0 | 0.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Marriott International, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Marriott International, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Marriott International, Inc. (MAR)?
- The FCF payout ratio for MAR stock is 23.63%.
- Is Marriott International, Inc.'s FCF payout ratio high or low?
- Marriott International, Inc.'s FCF payout ratio of 23.63% is in line with its 5-year average of 21.88%, around the middle of its 5-year range (10.37%–34.12%).
- What is the TTM average FCF payout ratio for Marriott International, Inc. (MAR)?
- The TTM average FCF payout ratio for MAR stock is 30.82%.
- What is the 3Y average FCF payout ratio for Marriott International, Inc. (MAR)?
- The 3Y average FCF payout ratio for MAR stock is 24.76%.
- What is the 5Y average FCF payout ratio for Marriott International, Inc. (MAR)?
- The 5Y average FCF payout ratio for MAR stock is 21.88%.
- What is the 10Y average FCF payout ratio for Marriott International, Inc. (MAR)?
- The 10Y average FCF payout ratio for MAR stock is 27.04%.
- What is the 15Y average FCF payout ratio for Marriott International, Inc. (MAR)?
- The 15Y average FCF payout ratio for MAR stock is 25.06%.
- What is the 20Y average FCF payout ratio for Marriott International, Inc. (MAR)?
- The 20Y average FCF payout ratio for MAR stock is 36.02%.
Marriott International, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 27.53% |
| 2024-12-31 | 34.12% |
| 2023-12-31 | 21.60% |
| 2022-12-31 | 15.81% |
| 2020-12-31 | 10.37% |
| 2019-12-31 | 59.30% |
| 2018-12-31 | 30.15% |
| 2017-12-31 | 24.26% |
| 2016-12-31 | 26.34% |
| 2015-12-31 | 20.91% |
| 2014-12-31 | 27.43% |
| 2013-12-31 | 23.22% |
| 2012-12-31 | 34.60% |
| 2011-12-31 | 14.79% |
| 2010-12-31 | 5.46% |
| 2009-12-31 | 9.24% |
| 2008-12-31 | 76.16% |
| 2007-12-31 | 98.13% |
| 2006-12-31 | 21.09% |
| 2005-12-31 | 140.00% |
| 2004-12-31 | 10.28% |
| 2003-12-31 | 35.23% |
| 2002-12-31 | 29.02% |
About Marriott International, Inc.
Marriott International, Inc. is a leading global hospitality firm responsible for managing, franchising, and licensing a wide range of accommodation options, including hotels, residential units, and timeshare resorts, on an international scale. The company segments its extensive operations into North America (covering the U.S. and Canada) and its various international divisions. Under its corporate umbrella, Marriott oversees a diverse collection of esteemed brands, such as JW Marriott, The Ritz-Carlton, W Hotels, Sheraton, Westin, and Courtyard, among many others. As of February 15, 2022, its impressive network encompassed nearly 8,000 properties—specifically 7,989 establishments—operating across 139 countries and territories under 30 distinct hotel brand names. Established in 1927, Marriott International, Inc. maintains its corporate headquarters in Bethesda, Maryland.
- Sector
- Consumer Cyclical
- Industry
- Travel Lodging
- CEO
- Anthony G. Capuano Jr.