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: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated 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

U.S. & Canada

18,612,000,000 US dollars

EMEA Segment

2,406,000,000 US dollars

Greater China

582,000,000 US dollars

APEC

976,000,000 US dollars

Cost of revenues

19,999,000,000 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

Revenue before reconciliation (calculated)

22,576,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Unallocated corporate and other

2,524,000,000 US dollars. Reported reconciliation to consolidated revenue.

U.S. & Canada costs (calculated)

15,972,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

EMEA Segment costs (calculated)

1,894,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Greater China costs (calculated)

396,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

APEC costs (calculated)

696,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

Reconciling items (calculated)

2,375,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

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.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.