Marriott International (MAR) Revenue — Quarter Ended Sep 30, 2023
The reported revenue declined from the immediately preceding quarter. However, it rose compared to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
The reported revenue declined from the immediately preceding quarter. However, it rose compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.9B
Revenue reported for this quarter.
Quarter-over-quarter
-2.4%
Change from the immediately preceding quarter.
Year-over-year
+11.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $5.9B | +33.2% |
| Mar 31, 2023 | $5.6B | +33.7% |
| Jun 30, 2023 | $6.1B | +13.8% |
| Sep 30, 2023 | $5.9B | +11.6% |
Revenue performance
Revenue for the quarter decreased relative to the prior quarter, marking a sequential downturn. The year-over-year comparison showed a solid increase, indicating continued growth from the prior year.
Quarterly comparison
Compared to the previous quarter, revenue contracted. In contrast, revenue was higher than in the same quarter a year ago, reflecting ongoing improvement from the earlier period.
What to watch
Monitor whether the sequential decline persists in upcoming quarters.