Deal Lab · Buyout model 1.0
Marriott International, Inc. Buyout Model
The buyout model of Marriott International, Inc. on its published figures, in US dollars.
Inputs Missing
The model of this company does not run on its published figures, which leave out the following. No figure stands in for a missing input.
- Receivables: no receivables are published at the end of the base period.
- Payables: no payables are published at the end of the base period.
Inputs and Their Documents
Published figures of fiscal 2025, each with the documents it comes from.
| Input | Value | Method | Documents |
|---|---|---|---|
| Adjusted EBITDA | $5.0bn | Adjusted EBITDA of the company page | 10-K 2025-12 |
| Share-based pay | $236m | Share-based pay that adjusted EBITDA adds back | 10-K 2025-12 |
| EBITDA after share-based pay | $4.7bn | Adjusted EBITDA less share-based pay | 10-K 2025-12 |
| Depreciation and amortisation | $458m | Depreciation and amortisation of adjusted EBITDA | 10-K 2025-12 |
| Revenue | $26.2bn | Revenue of the base period | 10-K 2025-12 |
| Operating lease cost | $139m | Operating lease cost | 10-K 2025-12 |
| Borrowings | $16.2bn | Total debt less lease liabilities | 10-Q 2026-09, 10-K 2025-12 |
| Lease liabilities | $978m | Lease liabilities | 10-K 2025-12 |
| Cash and short-term investments | $358m | Cash and short-term investments | 10-K 2025-12, 10-Q 2026-09 |
| Non-controlling interests | $0 | The balance sheet reports none | n/a |
| Inventories | $0 | The balance sheet reports none | n/a |
| Capital expenditure | $604m | Capital expenditure of the latest fiscal year | 10-K 2025-12 |
Deal Lab computes arithmetic on published figures and on the assumptions of the user. It values no company, recommends no transaction and forecasts no result.