Marriott International annual debt-to-ebitda ratio
2008
2009
2010
2011
2012
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2015
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2023
2024
2025
Marriott International Debt-to-EBITDA Ratio Growth & History (MAR)
Marriott International's debt-to-ebitda ratio was 3.74 for fiscal 2025.
View full Marriott International company overviewMarriott International annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.74 | 0.04 | +1.04% |
| 2024 | 2024-12-31 | 3.70 | 0.64 | +21.06% |
| 2023 | 2023-12-31 | 3.05 | 0.08 | +2.86% |
| 2022 | 2022-12-31 | 2.97 | −3.06 | −50.76% |
| 2021 | 2021-12-31 | 6.03 | −21.92 | −78.42% |
| 2020 | 2020-12-31 | 27.95 | 22.38 | +401.77% |
| 2019 | 2019-12-31 | 5.57 | 2.00 | +56.23% |
| 2018 | 2018-12-31 | 3.56 | 0.74 | +26.36% |
| 2017 | 2017-12-31 | 2.82 | −2.28 | −44.68% |
| 2016 | 2016-12-31 | 5.10 | 2.44 | +92.09% |
| 2015 | 2015-12-31 | 2.65 | −0.12 | −4.40% |
| 2014 | 2014-12-31 | 2.78 | −0.09 | −3.21% |
| 2013 | 2013-12-31 | 2.87 | 0.05 | +1.86% |
| 2012 | 2012-12-28 | 2.82 | −0.42 | −13.07% |
| 2011 | 2011-12-30 | 3.24 | −0.00 | −0.01% |
| 2010 | 2010-12-31 | 3.24 | −66.40 | −95.35% |
| 2009 | 2010-01-01 | 69.64 | 66.40 | +2048.71% |
| 2008 | 2009-01-02 | 3.24 | — | — |
Marriott International quarterly debt-to-ebitda ratio
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 3.53 | — | — |
| Q1 2026 | 2026-03-31 | 3.52 | — | — |
| Q4 2014 | 2014-12-31 | 2.78 | −0.09 | −3.21% |
| Q3 2014 | 2014-09-30 | 2.81 | 0.07 | +2.54% |
| Q2 2014 | 2014-06-30 | 2.82 | 0.07 | +2.49% |
| Q1 2014 | 2014-03-31 | 2.86 | −0.13 | −4.27% |
| Q4 2013 | 2013-12-31 | 2.87 | 0.05 | +1.86% |
| Q3 2013 | 2013-09-30 | 2.74 | — | — |
| Q2 2013 | 2013-06-30 | 2.76 | −1.15 | −29.37% |
| Q1 2013 | 2013-03-31 | 2.99 | −0.91 | −23.35% |
| Q4 2012 | 2012-12-28 | 2.82 | −0.42 | −13.07% |
| Q3 2012 | 2012-09-07 | 2.49 | −2.91 | −53.86% |
| Q2 2012 | 2012-06-15 | 3.90 | 0.60 | +18.20% |
| Q1 2012 | 2012-03-23 | 3.90 | 0.65 | +20.12% |
| Q4 2011 | 2011-12-30 | 3.24 | −0.00 | −0.01% |
| Q3 2011 | 2011-09-09 | 5.41 | — | — |
| Q2 2011 | 2011-06-17 | 3.30 | — | — |
| Q1 2011 | 2011-03-25 | 3.25 | — | — |
| Q4 2010 | 2010-12-31 | 3.24 | — | — |
Marriott International debt-to-ebitda ratio trends
Over the last five fiscal years, Marriott International's debt-to-ebitda ratio decreased from 27.95 to 3.74, a change of −24.21. The latest reported quarter, Q2 2026, shows 3.53.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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