Marriott International (MAR) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter decreased from the prior period but increased compared to the same period a year earlier. The sequential decline contrasts with the year-over-year growth.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter decreased from the prior period but increased compared to the same period a year earlier. The sequential decline contrasts with the year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.3B
Revenue reported for this quarter.
Quarter-over-quarter
-2.9%
Change from the immediately preceding quarter.
Year-over-year
+5.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$24.8B
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, 2023 | $6.1B | +2.9% |
| Mar 31, 2024 | $6B | +6.4% |
| Jun 30, 2024 | $6.4B | +6.0% |
| Sep 30, 2024 | $6.3B | +5.5% |
Revenue performance
The quarter-over-quarter decline reflects a sequential pullback, while the year-over-year rise shows ongoing revenue expansion relative to the prior year. Trailing twelve-month revenue indicates sustained business activity.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower, marking a sequential contraction. Versus the same quarter one year earlier, revenue was higher, demonstrating year-on-year improvement.
What to watch
Future quarters will clarify whether the sequential decline is a seasonal pattern or a change in underlying momentum.