Marriott Q4 Revenue Tops $6.69B; EPS $2.58 with 1.9% RevPAR Gain
Marriott reported Q4 EPS of $2.58 versus a $2.60 estimate and revenue of $6.69 billion, topping $6.67 billion expected. Worldwide RevPAR rose 1.9% (international up 6.1%, U.S. and Canada down 0.1%) and net rooms grew 4.3%, underpinning a 34.5 P/E ratio.
1. Q4 Financial Highlights
Marriott posted Q4 EPS of $2.58 compared with a $2.60 estimate while revenue reached $6.69B, exceeding the $6.67B forecast.
2. RevPAR Performance
Worldwide RevPAR climbed 1.9% in Q4, led by a 6.1% jump in international markets, offsetting a 0.1% decline in U.S. and Canada. Full-year RevPAR rose 2.0% overall, with international up 5.1% and U.S./Canada up 0.7%.
3. Valuation Metrics
The company’s P/E ratio stood at approximately 34.5 with price-to-sales near 3.43 and enterprise value to sales around 4.05, reflecting investor confidence despite a negative debt-to-equity ratio of -5.41.
4. Growth and Shareholder Returns
Development momentum continued with net rooms growth of 4.3%, while over $4 billion was returned to shareholders, emphasizing the strength of Marriott’s fee-driven, asset-light model.