MARRIOTT INTERNATIONAL INC /MD/ (MAR) FY2024 Annual P&L / Income Statement

MARRIOTT INTERNATIONAL INC /MD/ (MAR) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue

25,100,000,000 US dollars

Cost of revenue (calculated)

19,999,000,000 US dollars

Gross profit (calculated)

5,101,000,000 US dollars

Operating expenses (calculated)

1,334,000,000 US dollars

OPERATING INCOME

3,767,000,000 US dollars

Other income (expense), net (calculated)

negative 616,000,000 US dollars

INCOME BEFORE INCOME TAXES

3,151,000,000 US dollars

Provision for income taxes

776,000,000 US dollars

NET INCOME

2,375,000,000 US dollars

Net fee revenues

5,067,000,000 US dollars

Owned, leased, and other revenue

1,551,000,000 US dollars

Reimbursements revenue

18,482,000,000 US dollars

Owned, leased, and other cost of revenue

1,200,000,000 US dollars

Reimbursements cost of revenue

18,799,000,000 US dollars

General, administrative, and other

1,074,000,000 US dollars

Restructuring and merger-related charges

77,000,000 US dollars

Depreciation, amortization, and other

183,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.