Marriott International (MAR) Revenue — Quarter Ended Dec 31, 2023
In the fourth quarter of fiscal 2023, Marriott International reported revenue that increased relative to both the immediately preceding quarter and the same period a year earlier. The growth rates were modest and consistent.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
In the fourth quarter of fiscal 2023, Marriott International reported revenue that increased relative to both the immediately preceding quarter and the same period a year earlier. The growth rates were modest and consistent.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.1B
Revenue reported for this quarter.
Quarter-over-quarter
+2.8%
Change from the immediately preceding quarter.
Year-over-year
+2.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.7B
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 |
|---|---|---|
| Mar 31, 2023 | $5.6B | +33.7% |
| Jun 30, 2023 | $6.1B | +13.8% |
| Sep 30, 2023 | $5.9B | +11.6% |
| Dec 31, 2023 | $6.1B | +2.9% |
Revenue performance
Revenue for the quarter rose compared to the third quarter, and also showed a year-over-year gain. The sequential and annual increases were similar in magnitude.
Quarterly comparison
Compared to the prior quarter, revenue edged higher, and versus the same quarter one year ago, revenue also posted a modest increase. The two comparisons reflect a stable growth pattern.
What to watch
The pace of year-over-year revenue growth has slowed markedly from earlier in the fiscal year.