MAR

Nasdaq

MARRIOTT INTERNATIONAL INC /MD/

Consumer Discretionary, Hotels, Resorts & Cruise Lines

$353.91

close 7 Aug 2026

+37.19%

52-week change

$97.93B

market cap

$256.49

$410.98

52-week range

Expected price

$255.39 – $312.14

Current price

$353.91

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)36.60x

P/S (TTM)3.64x

P/B-21.64x

EV/EBITDA (TTM)26.03x

FCF yield (TTM)3.20%

PEG (TTM, GAAP)3.85

Context

P/E, own 5-year average37.62x

P/E, sector median22.78x*

Price at 5-year median P/E$286.08*

Indicated dividend yield0.83%

Forward — analyst consensus

Forward P/E (FY2026)30.33x*

Forward P/E (FY2027)26.93x

Forward PEG2.40*

Consensus EPS FY2026 (25 analysts)$11.67

EPS growth (FY2026→FY2027)12.64%

Revenue growth (FY2026)6.18%

Street view

Price target (mean)$380.13*

Target upside7.41%

Ratings (buy / hold / sell)12 / 12 / 2

FY2026 EPS revisions, 30d (up / down)14 / 1

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 3 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +11.64%10Y CAGR +7.98%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$353.91

Cash & equivalents$462.00M

Total debt$16.92B

Shares outstanding276.70M

Result

DCF price per share$370.84

Current price$353.91

Margin of safety+4.78%

PV of years 1–10$37.75B

PV of terminal value$81.31B

Equity value$102.61B

Market-implied growth+11.12%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$3.50B	$3.90B	$4.36B	$4.87B	$5.43B	$6.06B	$6.77B	$7.56B	$8.44B	$9.42B	$175.54B
PV	$3.24B	$3.35B	$3.46B	$3.58B	$3.70B	$3.82B	$3.95B	$4.08B	$4.22B	$4.36B	$81.31B

period to 30 Jun 2026, filed 3 Aug 2026, close 7 Aug 2026