Marriott International Inc-MD (MAR) Financials

Marriott International Inc-MD (MAR) is a leading global lodging company with more than 7,000 properties in over 130 countries and territories. The company operates and franchises hotels and licenses vacation ownership resorts under numerous brand names, including Marriott, Sheraton, Westin, Renaissance, and more. Marriott generates revenue from three main sources: room revenue, food and beverage revenue, and other revenue, which includes fees from timeshare operations and cost reimbursements.

In its income statement, Marriott reports its total revenue, gross profit, EBIT (earnings before interest and taxes), EBITDA (earnings before interest, taxes, depreciation, and amortization), and net income from stockholders. Total revenue represents the company's combined income from hotel operations, franchise fees, and other sources. Marriott's gross profit reflects the difference between total revenue and the cost of goods sold. EBIT measures the company's operating profit after deducting interest and taxes. EBITDA provides a further measure of profitability by excluding depreciation and amortization expenses.

Looking at Marriott's balance sheet, key items include cash equivalents, net debt, stockholders' equity, total assets, total debt, and total liabilities. Cash equivalents represent highly liquid assets that can be readily converted into cash. Net debt represents the company's total debt minus its cash and cash equivalents. Stockholders' equity reflects the residual interest in the company's assets after deducting liabilities. Total assets encompass all of Marriott's resources, including property, inventory, and intellectual property. Total debt represents the company's borrowings and obligations, while total liabilities encompass all of Marriott's obligations and debts.

Cash flow is also an essential aspect of Marriott's financials, including operating cash flow, financing cash flow, investing cash flow, and free cash flow. Operating cash flow reflects the cash generated or used by the company's core operations, such as room bookings and food and beverage sales. Financing cash flow captures the cash flows related to the company's financing activities, such as raising capital or paying dividends. Investing cash flow represents the cash flows associated with the company's investments, such as acquiring properties or making capital expenditures. Free cash flow is the cash generated by the company after accounting for capital investments and financing activities.