Marriott International (MAR) Revenue — Quarter Ended Jun 30, 2024
Revenue increased from the prior quarter and also rose compared to the same quarter last year, reflecting continued growth.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased from the prior quarter and also rose compared to the same quarter last year, reflecting continued growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.4B
Revenue reported for this quarter.
Quarter-over-quarter
+7.7%
Change from the immediately preceding quarter.
Year-over-year
+6.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.4B
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 |
|---|---|---|
| Sep 30, 2023 | $5.9B | +11.6% |
| Dec 31, 2023 | $6.1B | +2.9% |
| Mar 31, 2024 | $6B | +6.4% |
| Jun 30, 2024 | $6.4B | +6.0% |
Revenue performance
The company's revenue trended higher in the current quarter, extending the upward trajectory seen in recent periods.
Quarterly comparison
Compared with the immediately preceding quarter, revenue showed an increase. Year over year, revenue also improved relative to the same period one year earlier.
What to watch
Monitor the sustainability of revenue growth amid the reported debt leverage and liquidity considerations.