OakChart

Marriott International Inc

MARConsumer Cyclical·Lodging·USA·Large·NASD·Nov 11 • 11:16 AM ET

429.63+1.37 (0.32%)
2026-11-11 17:16 CET
Market cap
110,278.66 USD m
Revenue, TTM
27,420.00 USD m
Net income, TTM
2,653.00 USD m
Free cash flow, TTM
3,485.00 USD m
EPS diluted, TTM
10.02
P/E
42.89
Compare

Price

MAR against its 20, 50 and 200-day averages
2050200beatmiss
300.00350.00400.002.2M4.4MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26MARclose 429.6320-day 404.9050-day 371.24200-day 360.07429.63

0.8% under the 52-week high of 433.30 on 2 Nov 2026. 52-week low 280.99 on 17 Nov 2025. Last 15 sessions, 13.7% high to low

Profile

MAR
52-week range, 98% of the way up
280.99433.3

Marriott International, Inc. engages in the operation and franchise of hotel, residential, and timeshare properties. It operates through the following geography segments: United States and Canada, Europe, Middle East, and Africa, and Asia Pacific excluding China. Its brands include Marriott Bonvoy, The Ritz-Carlton, Edition, W Hotels Worldwide, The Luxury Collection, and Stregis Hotels and Resorts etc. The company was founded by John Willard Marriott and Alice Sheets Marriott in 1927 and is headquartered in Bethesda, MD.

IndexNDX, S&P 500, RUI
Employees414000
IPOMar 23, 1998
Beta1.13
ATR, 14d10.31
Rel volume0.48
Short float3.11%
Insider own20.68%
Inst own65.38%

Snapshot

6 groups

Valuation

IndexNDX, S&P 500, RUI
Market Cap110.63B
Enterprise Value127.86B
Income2.65B
Sales27.42B
Book/sh-19.67
Cash/sh1.76
Dividend Est.2.86 (0.67%)
Dividend TTM2.80 (0.65%)
Dividend Ex-DateNov 19, 2026
Dividend Gr. 3/5Y38.21% 40.63%
Payout27.77%
Employees414000
IPOMar 23, 1998

Ratios

P/E42.89
Forward P/E32.07
PEG2.24
P/S4.03
P/B-
P/C244.22
P/FCF31.74
EV/EBITDA27.50
EV/Sales4.66
Quick Ratio0.53
Current Ratio0.53
Debt/Eq-
LT Debt/Eq-
Option/ShortYes / Yes

Earnings

EPS (ttm)10.02
EPS next Y13.40
EPS next Q3.14
EPS this Y20.00%
EPS next Y11.41%
EPS next 5Y14.29%
EPS past 3/5Y9.52% -
Sales past 3/5Y8.02% 19.89%
EPS Y/Y TTM5.77%
Sales Y/Y TTM5.77%
EPS Q/Q13.78%
Sales Q/Q7.95%
EarningsNov 02 BMO
EPS/Sales Surpr.6.16% 1.14%

Ownership

Insider Own20.68%
Insider Trans-0.17%
Inst Own65.38%
Inst Trans-2.16%
ROA9.50%
ROE-
ROIC21.77%
Gross Margin19.19%
Oper. Margin15.93%
Profit Margin9.68%
SMA206.11%
SMA5015.73%
SMA20019.32%
Trades-

Technical

Shs Outstand258.40M
Shs Float204.26M
Short Float3.11%
Short Ratio4.15
Short Interest6.35M
52W High433.30 -0.85%
52W Low280.99 52.90%
Volatility3.03% 2.31%
ATR (14)10.31
RSI (14)74.99
Beta1.13
Rel Volume0.48
Avg Volume1.53M
Volume224,341

Performance

Perf Week1.12%
Perf Month15.65%
Perf Quarter21.87%
Perf Half Y22.68%
Perf YTD38.48%
Perf Year47.18%
Perf 3Y117.42%
Perf 5Y173.87%
Perf 10Y485.40%
Recom2.32
Target Price422.96
Prev Close428.26
Price429.63
Change %0.32%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 27, 2026InitiatedEErste GroupBuy
Jan 09, 2026UpgradeBBMO Capital MarketsMarket Perform → Outperform$370-13.9%
Dec 15, 2025UpgradeGGoldmanNeutral → Buy$345-19.7%
Nov 18, 2025InitiatedWWells FargoOverweight$329-23.4%
Jun 23, 2025InitiatedJJP MorganNeutral$284-33.9%
May 12, 2025UpgradeJJefferiesHold → Buy$303-29.5%
Apr 14, 2025DowngradeGGoldmanBuy → Neutral$245-43.0%
Feb 04, 2025UpgradeEEvercore ISIIn-line → Outperform$330-23.2%
Sep 18, 2024InitiatedGGoldmanBuy$267-37.9%
Aug 29, 2024UpgradeBBernsteinMkt Perform → Outperform$247 → $262-39.0%

Peers

Mkt cap
TickerCompanyMkt cap
HLTHilton Worldwide Holdings Inc83.83B
IHGIntercontinental Hotels Group ADR26.38B
HHyatt Hotels Corp17.78B
CHHChoice Hotels International Inc5.28B
WHWyndham Hotels & Resorts Inc5.92B
HTHTH World Group Limited ADR15.11B
ABNBAirbnb Inc106.52B
BKNGBooking Holdings Inc116.57B
EXPEExpedia Group Inc30.68B
TNLTravel+Leisure Co4.83B

Insider trading

latest 14 of 48
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Lee FelitiaOfficerNov 10 '26Proposed Sale425.85736313,428Nov 10 03:22 PM
Harrison Deborah MarriottDirectorNov 10 '26Proposed Sale0.0011,9850Nov 10 11:00 AM
Capuano AnthonyPresident & CEONov 04 '26Option Exercise139.5416,4282,292,363130,045Nov 06 01:11 PM
Capuano AnthonyPresident & CEONov 04 '26Sale420.1263,35526,616,94750,867Nov 06 01:11 PM
Breland Benjamin T.CHRO & EVP, Global Ops. Serv.Nov 04 '26Sale423.322,5001,058,30023,899Nov 06 12:32 PM
Reiss Rena HozoreEVP & General CounselNov 04 '26Option Exercise122.0913,7351,676,95143,922Nov 06 12:32 PM
Reiss Rena HozoreEVP & General CounselNov 04 '26Sale423.324,9692,103,47738,953Nov 06 12:32 PM
Anthony CapuanoPresident / CEO / DirectorNov 04 '26Proposed Sale416.3857,75024,045,945Nov 04 05:33 PM
Capuano AnthonyOfficerNov 04 '26Proposed Sale424.045,6052,376,746Nov 04 02:34 PM
Reiss Rena HozoreOfficerNov 04 '26Proposed Sale422.794,9692,100,820Nov 04 01:52 PM
Breland Benjamin T.OfficerNov 04 '26Proposed Sale423.322,5001,058,300Nov 04 10:09 AM
Marriott David S13D Group Owning more than 10%Sep 25 '26Sale352.093,5001,232,313282,383Sep 29 07:45 PM
Harrison Deborah MarriottMember of 13(d) groupSep 25 '26Sale352.093,5001,232,313282,383Sep 29 07:44 PM
MARRIOTT J W JR13D Group Owning more than 10%Sep 25 '26Sale352.093,5001,232,313282,383Sep 29 07:44 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
QQQInvesco QQQ Trust Series 1AUM: 463.98B
VOOVanguard S&P 500 ETFAUM: 1054.75B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VUGVanguard Morningstar Growth ETFAUM: 217.67B
QQQMInvesco NASDAQ 100 ETFAUM: 106.59B
XLYState Street Consumer Discretionary Select Sector SPDR ETFAUM: 23.35B
IWFiShares Russell 1000 Growth ETFAUM: 116.57B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.94B

News

latest 14 of 206
  • This Enterprise Software Stock Digs In Near Entry As Earnings Spike 68% (Investor's Business Daily)
  • Lodging Lowdown: Remington names CTO, Hersha sells Boston Hilton (Hotel Dive)
  • Peachtree opens Marriott dual-brand property in Dallas (Hotel Management Network)
  • Marriott International Declares Quarterly Cash Dividend (PR Newswire)
  • Marriott International Celebrates 800th Property in Asia Pacific excluding China with the Opening of La Residence Phou Vao, a Luxury Collection Resort & Spa, Luang Prabang (PR Newswire)
  • Loading…
  • Salesforce to acquire voice AI company Cresta (Verdict)
  • Marriott focuses on AI, loyalty as tech enhances experiences (CX Dive)
  • Marriott, Stock Of The Day, Breaks Out As Earnings Accelerate Again (Investor's Business Daily)
  • Marriott Beats As RevPAR Accelerates To 6.5%, But Card Fees, Buybacks, And A Softer Q4 International Outlook Shape The Quality Of The Quarter (Earnings Whispers)
  • Earnings Results Wrap with Apple After the Close (Zacks)
  • Marriott saw strong RevPAR, development gains in Q3 (Hotel Dive)
  • Marriott Shares Gain 3% as Strong Q3 Results Prompt Higher 2026 Revenue and Earnings Forecasts (InvestorsHub)
  • Marriott shares rise 3% in premarket trade after raising full-year forecast (Investing.com)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-023.0202.8453.0407,0056,92624
2026Q22026-08-033.1903.0792.8967,0717,19322
2026Q12026-05-062.7202.5572.4296,6546,58622
2025Q42026-02-102.5802.5991.6526,6906,67121
2025Q32025-11-042.4702.3762.6726,4896,45921
2025Q22025-08-052.6502.6122.7786,7446,66821
2025Q12025-05-062.3202.2532.3956,2636,18720
2024Q42025-02-112.4502.3861.6246,4296,40423
2024Q32024-11-042.2602.3062.0686,2556,27623
2024Q22024-07-312.5002.4662.6936,4396,47221
2024Q12024-05-012.1302.1631.9345,9775,94621
2023Q42024-02-133.5702.1242.8696,0956,20317
2023Q32023-11-022.1102.1042.5065,9285,85919
2023Q22023-08-012.2602.1752.3806,0755,97820
2023Q12023-05-022.0901.8552.4345,6155,45218
2022Q42023-02-141.9601.8332.1175,9235,36918

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY6.0005.8393.79420,97221,126
2020FY0.180-0.196-0.82010,57110,190
2021FY3.1902.9093.33713,85713,418
2022FY6.6906.5627.23820,77320,234
2023FY9.9908.59510.17823,71323,885
2024FY9.3309.2798.32825,10025,082
2025FY10.02010.0879.51026,18626,218
2026FY-12.024--27,973
2027FY-13.396--29,624
2028FY-14.958--31,349
2029FY-16.788--32,534
2030FY-19.345--32,819

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-05171007,1906,8067,547
2026Q4S2026-11-0217907,1816,8067,547
2026Q4S2026-10-2817027,0756,7657,359
2026Q4S2026-10-2318037,0736,7657,359
2026Q4S2026-10-2018037,0726,7657,359
2026Q4S2026-10-1718037,0686,7657,301
2026Q4S2026-10-1618237,0686,7657,301
2026Q4S2026-10-1418227,0866,7657,574
2026Q4S2026-10-0918227,0866,7657,574
2026Q4S2026-09-2217217,1016,7657,574
2026Q4S2026-09-0817317,1016,7657,574
2026Q4S2026-08-3116317,1076,7657,574
2026Q4S2026-08-2915317,1156,7657,574
2026Q4S2026-08-1416317,1096,7657,574

Estimate history

EPS, annual3.8415.3843.794-0.823.3377.23810.1788.3289.50710.0165
Period201720182019202020212022202320242025TTM
EPS, quarterly2.0681.6242.3952.7782.6721.6522.4292.8963.04
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual20452207582097210571138572077323713251002618627420
Period201720182019202020212022202320242025TTM
Sales, quarterly625564296263674464896690665470717005
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual359.1339.1324324.4326.3310.6290.54276.672265.865258.4
Period201720182019202020212022202320242025MRQ
Shares, quarterly278.6276.672275272.1269.4265.865264.7261.8258.4
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue27,420.0026,186.0025,100.0023,713.0020,773.0013,857.0010,571.0020,972.0020,758.00
Total Expenses23,053.0022,047.0021,256.0019,789.0017,299.0012,071.0010,027.0019,023.0018,237.00
Operating Income4,367.004,139.003,844.003,924.003,474.001,786.00387.001,949.002,521.00
Unusual Expense23.00-2.0077.0060.0012.00172.00267.00138.00155.00
Net Income Before Taxes3,544.003,394.003,151.003,378.003,114.001,180.00-466.001,599.002,345.00
Income Taxes891.00793.00776.00295.00756.0081.00-199.00326.00438.00
Consolidated Net Income2,653.002,601.002,375.003,083.002,358.001,099.00-267.001,273.001,907.00
Net Income From Continuing Operations2,653.002,601.002,375.003,083.002,358.001,099.00-267.001,273.001,907.00
Net Income2,653.002,601.002,375.003,083.002,358.001,099.00-267.001,273.001,907.00
EPS (Recurring)10.229.508.5210.327.263.70-0.254.085.69
EPS (Basic, Before Extraordinaries)10.049.538.3610.237.273.36-0.823.835.45
EPS (Diluted)10.029.518.3310.187.243.34-0.823.795.38
Non-Operating Income (Expense)70.0062.0079.0079.0055.0014.00-105.00193.00319.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense184.14154.84160.37141.41142.99124.83137.24129.21124.10
Price To Earnings Ratio42.7642.7629.1723.9022.7249.54-39.9420.16
Price To Sales Ratio3.393.243.172.882.343.934.072.421.85
Gross Margin19.1919.1319.5920.8121.0118.8310.8713.7716.61
Operating Margin15.9315.8115.3116.5516.7212.893.669.2912.14
Net Margin9.689.939.4613.0011.357.93-2.536.079.19
Shares Outstanding258.40265.86276.67290.54310.60326.30324.40324.00339.10
Market Capitalization110,278.66110,278.6677,515.4766,230.2647,129.6453,815.8642,785.8849,508.0736,812.70

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue7,005.007,071.006,654.006,690.006,489.006,744.006,263.006,429.00
Total Expenses5,731.005,852.005,586.005,884.005,349.005,500.005,314.005,625.00
Operating Income1,274.001,219.001,068.00806.001,140.001,244.00949.00804.00
Unusual Expense0.00-10.004.0029.00-40.008.001.0052.00
Net Income Before Taxes1,060.001,044.00858.00582.00994.001,054.00764.00598.00
Income Taxes266.00278.00210.00137.00266.00291.0099.00143.00
Consolidated Net Income794.00766.00648.00445.00728.00763.00665.00455.00
Net Income From Continuing Operations794.00766.00648.00445.00728.00763.00665.00455.00
Net Income794.00766.00648.00445.00728.00763.00665.00455.00
EPS (Recurring)3.042.872.441.732.572.802.401.75
EPS (Basic, Before Extraordinaries)3.052.902.441.662.682.782.401.63
EPS (Diluted)3.042.902.431.652.672.782.391.62
Non-Operating Income (Expense)13.0036.008.0013.0020.0021.008.0026.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense53.0043.4536.3451.3550.0038.7143.0050.56
Price To Earnings Ratio42.7638.8934.4432.7729.3831.1228.6329.17
Price To Sales Ratio3.393.643.283.192.742.922.613.11
Gross Margin21.2420.3519.3415.6521.1722.0819.0617.00
Operating Margin18.1917.2416.0512.0517.5718.4515.1512.51
Net Margin11.3310.839.746.6511.2211.3110.627.08
Shares Outstanding258.40261.80264.70265.86269.40272.10275.00276.67
Market Capitalization110,278.6697,720.5186,668.6483,253.5270,698.5274,831.1365,670.5577,515.47

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments358.00396.00338.00507.001,393.00877.00225.00316.00383.00
Short Term Receivables3,060.002,931.002,850.002,723.002,126.001,927.002,512.002,258.002,115.00
Investments0.000.000.000.000.000.000.000.000.00
Investment in Unconsolidated Affiliates298.00298.00308.00335.00387.00422.00577.00732.00734.00
Net Property, Plant & Equipment2,895.002,678.002,510.002,572.002,565.002,266.002,792.001,956.001,793.00
Deferred Tax Assets570.00650.00673.00240.00228.00249.00154.00171.0093.00
Other Intangible Assets20,359.0019,229.0018,995.0018,438.0018,854.0018,960.0018,791.0018,263.0018,728.00
Total Assets27,540.0026,182.0025,674.0024,815.0025,553.0024,701.0025,051.0023,696.0023,846.00
Total Debt17,182.0015,345.0012,865.0011,204.0011,386.0011,346.0011,952.009,347.008,238.00
Long Term Debt15,874.0013,932.0012,207.0010,414.0010,431.0010,026.0010,845.008,514.007,840.00
Provision for Risks Charges674.00620.00559.00417.00290.00341.00323.000.000.00
Deferred Tax Liabilities79.0081.00209.00313.00169.0083.00290.00485.00605.00
Other Liabilities13,376.0013,128.0012,723.0012,313.0012,294.0012,501.0011,783.0011,639.0011,421.00
Total Liabilities31,311.0029,174.0026,356.0024,247.0024,139.0024,271.0024,348.0021,471.0020,264.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity-3,771.00-2,992.00-682.00568.001,414.00430.00703.002,225.003,582.00
Total Shareholders Equity-3,771.00-2,992.00-682.00568.001,414.00430.00703.002,225.003,582.00
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity-3,771.00-2,992.00-682.00568.001,414.00430.00703.002,225.003,582.00
Total Liabilities & Stockholders Equity27,540.0026,182.0025,674.0024,815.0025,553.0024,701.0025,051.0023,696.0023,846.00
Book Value Per Share-14.18-10.81-2.351.834.331.332.176.569.97
Tangible Book Value Per Share-86.56-76.66-64.56-54.90-50.83-54.67-52.43-44.81-39.46
Full-Time Employees414,000418,000411,000377,000120,000121,000174,000176,000177,000
Price to Book Ratio-21.77-32.10-100.7144.7238.1399.5269.7916.5511.02
Return on Assets9.689.1612.219.364.37-1.075.228.016.08
Return on Equity---237.94119.20-47.1386.9564.0432.64
Return on Invested Capital21.4921.7126.7521.479.28-2.5511.0217.7612.77
Quick Ratio0.430.400.430.450.570.490.470.420.47
Current Ratio0.430.400.430.450.570.490.470.420.47

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations4,099.003,359.002,831.003,101.002,905.001,208.00530.001,958.002,433.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-31.00-147.00-82.0069.00-542.00-31.001,109.00-273.00-76.00
Cash from Operating Activities4,068.003,212.002,749.003,170.002,363.001,177.001,639.001,685.002,357.00
Capital Expenditures-583.00-604.00-750.00-452.00-332.00-183.00-135.00-653.000.00
Net Assets From Acquisitions-1.00-350.00-26.00-101.000.000.000.000.000.00
Sale of Fixed Assets and Businesses96.009.0016.0071.001.0012.00260.00395.00479.00
Purchase or Sale of Investments105.00-13.0026.00-16.003.0027.00-33.0021.0035.00
Purchase of Investments-22.00-35.00-10.00-77.00-11.00-13.00-41.00-30.00-13.00
Sale Or Maturity of Investments127.0022.0036.0061.0014.0040.008.0051.0048.00
Other Uses-73.000.000.000.000.00-43.00-57.00-47.00-10.00
Other Sources-2.0010.000.0033.0031.000.000.000.000.00
Cash from Investing Activities-109.00-948.00-734.00-465.00-297.00-187.0035.00-284.00504.00
Cash Dividends Paid-738.00-718.00-682.00-587.00-321.000.00-156.00-612.00-543.00
Change in Capital Stock-3,973.00-3,208.00-3,689.00-3,924.00-2,566.002.00-150.00-2,253.00-2,846.00
Repurchase of Common Pref Stock-4,081.00-3,300.00-3,762.00-3,953.00-2,566.000.00-150.00-2,260.00-2,850.00
Sale of Common Pref Stock108.0092.0073.0029.000.002.000.007.004.00
Proceedsfrom Stock Options108.0092.0073.0029.000.002.000.007.004.00
Issuance or Reduction of Debt, Net1,010.001,724.002,553.001,780.00-3.00-231.00-616.001,513.001,120.00
Change in Long Term Debt1,010.001,724.002,553.001,780.00-3.00-231.00-616.001,513.001,120.00
Issuance of Long Term Debt2,659.003,436.003,111.002,464.00983.001,943.003,561.002,348.001,646.00
Reduction of Long Term Debt-1,649.00-1,712.00-558.00-684.00-986.00-2,174.00-4,177.00-835.00-526.00
Net Financing Active Other Cash Flow-140.00-116.00-138.00-133.00-72.00-234.00-111.00-156.00-105.00
Other Financing Activities Uses-132.00-116.00-138.00-108.00-89.00-245.00-103.00-148.00-105.00
Cash from Financing Activities-3,841.00-2,318.00-1,956.00-2,864.00-2,962.00-463.00-1,033.00-1,508.00-2,374.00
Net Change in Cash-231.00-54.0059.00-159.00-896.00527.00641.00-107.00-69.00
Free Cash Flow3,485.002,608.001,999.002,718.002,031.00994.001,504.001,032.002,357.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow33.8244.9160.4132.0528.3754.7431.88120.9621.20

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments453.00462.00454.00358.00678.00671.00
Short Term Receivables3,301.003,400.003,241.003,060.003,254.003,119.00
Investments0.000.000.000.000.000.00
Investment in Unconsolidated Affiliates336.00340.00304.00298.00298.00298.00
Net Property, Plant & Equipment2,534.002,759.002,902.002,895.002,864.002,824.00
Deferred Tax Assets561.00524.00549.00570.00571.00611.00
Other Intangible Assets20,837.0020,600.0020,407.0020,359.0020,168.0019,819.00
Total Assets28,022.0028,085.0027,857.0027,540.0027,833.0027,342.00
Total Debt17,678.0017,774.0017,406.0017,182.0016,886.0016,536.00
Long Term Debt17,269.0017,314.0016,196.0015,874.0015,329.0015,427.00
Provision for Risks Charges0.000.000.00674.000.000.00
Deferred Tax Liabilities67.0099.0090.0079.00117.0059.00
Other Liabilities15,361.0014,737.0014,453.0013,376.0013,949.0013,711.00
Total Liabilities33,106.0032,610.0031,949.0031,311.0030,952.0030,306.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity-5,084.00-4,525.00-4,092.00-3,771.00-3,119.00-2,964.00
Total Shareholders Equity-5,084.00-4,525.00-4,092.00-3,771.00-3,119.00-2,964.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity-5,084.00-4,525.00-4,092.00-3,771.00-3,119.00-2,964.00
Total Liabilities & Stockholders Equity28,022.0028,085.0027,857.0027,540.0027,833.0027,342.00
Book Value Per Share-19.67-17.28-15.46-14.18-11.58-10.89
Tangible Book Value Per Share-94.90-91.16-88.14-86.56-82.44-79.59
Full-Time Employees---414,000--
Price to Book Ratio-21.77-23.97-23.06-26.80-23.91-23.72
Return on Assets9.509.339.489.689.669.30
Return on Invested Capital6.525.995.353.685.966.12
Quick Ratio0.530.530.460.430.470.49
Current Ratio0.530.530.460.430.470.49

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations1,257.00990.001,221.00631.00969.00787.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital176.00-42.00-363.00198.00124.00-144.00
Cash from Operating Activities1,433.00948.00858.00829.001,093.00643.00
Capital Expenditures-129.00-152.00-130.00-172.00-142.00-155.00
Net Assets From Acquisitions0.000.000.00-1.00-349.000.00
Sale of Fixed Assets and Businesses3.0091.002.000.009.000.00
Purchase or Sale of Investments15.0098.00-10.002.00-18.0010.00
Purchase of Investments-4.00-1.00-13.00-4.00-19.000.00
Sale Or Maturity of Investments19.0099.003.006.001.0010.00
Other Uses4.00-66.00-11.000.000.001.00
Other Sources0.000.000.00-2.0011.001.00
Cash from Investing Activities-107.00-29.00-149.00176.00-838.00-143.00
Cash Dividends Paid-189.00-192.00-178.00-179.00-182.00-183.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-1,207.00-1,119.00-647.00-1,000.00-753.00-749.00
Repurchase of Common Pref Stock-1,262.00-1,119.00-700.00-1,000.00-800.00-749.00
Sale of Common Pref Stock55.000.0053.000.0047.000.00
Proceedsfrom Stock Options55.000.0053.000.0047.000.00
Issuance or Reduction of Debt, Net70.00398.00337.00205.00334.00579.00
Change in Long Term Debt70.00398.00337.00205.00334.00579.00
Issuance of Long Term Debt1,169.0065.001,425.000.001,297.00179.00
Reduction of Long Term Debt-1,099.00333.00-1,088.00205.00-963.00400.00
Net Financing Active Other Cash Flow-9.00-2.00-124.00-5.00-1.00-1.00
Other Financing Activities Uses-1.00-2.00-124.00-5.00-1.00-1.00
Cash from Financing Activities-1,335.00-915.00-612.00-979.00-602.00-354.00
Net Change in Cash-9.004.0097.00-323.002.00146.00
Free Cash Flow1,304.00796.00728.00657.00951.00488.00
Price to Free Cash Flow33.8240.8341.5144.2258.5677.13

Revenue breakdown

Fee Service2024: 5.07B 2025: 5.30B
Owned, Leased and Other2024: 1.55B 2025: 1.68B
Reimbursements2024: 18.48B 2025: 19.20B
United States2024: 25.10B 2025: 26.19B
APEC2024: 976.00M 2025: 1.07B
Consolidation, Policy2024: 2.52B 2025: 2.77B
EMEA2024: 2.41B 2025: 2.41B
Greater China2024: 582.00M 2025: 590.00M
United States and Canada2024: 18.61B 2025: 19.35B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-303.11%6.4M204.3M1.58M
2026-10-153.22%6.7M206.9M1.53M
2026-09-303.25%6.7M206.9M1.58M
2026-09-153.36%7.0M208.8M1.62M
2026-08-313.40%7.0M206.8M1.58M
2026-08-142.67%5.5M207.4M1.60M
2026-07-312.22%4.6M207.4M1.48M
2026-07-152.39%5.0M209.8M1.50M
2026-06-302.59%5.4M209.8M1.50M
2026-06-153.01%6.3M209.4M1.45M
2026-05-292.89%6.1M210.1M1.48M
2026-05-152.25%4.9M215.9M1.53M
2026-04-302.77%6.0M215.9M1.63M
2026-04-152.56%5.6M216.9M1.65M
2026-03-312.80%6.1M217.5M1.67M
2026-03-133.17%6.9M217.5M1.63M
2026-02-273.37%7.3M217.5M1.63M
2026-02-133.19%6.9M217.5M1.58M
2026-01-303.35%7.4M220.4M1.58M
2026-01-153.38%7.4M220.4M1.55M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call195231.2235.40.006.0160.000.000.999-0.1450.001
call200226.2230.4232.65.8421.000.000.999-0.1450.001
call205221.2225.10.005.6730.000.000.999-0.1450.002
call210216.2220.50.005.5080.000.000.998-0.1460.002
call215211.2215.30.005.3460.000.000.998-0.1460.002
call220206.2210.30.005.1880.000.000.998-0.1460.002
call225201.2204.7198.25.0342.000.000.998-0.1460.002
call230196.2200.5193.24.8832.000.000.998-0.1460.002
call235191.2194.70.004.7350.000.000.998-0.1460.002
call240186.2190.40.004.5900.000.000.998-0.1460.002
call245181.2185.30.004.4480.000.000.998-0.1460.002
call250176.2180.30.004.3090.000.000.998-0.1460.002
call255171.2174.7175.14.1721.000.000.998-0.1460.002
call260166.2170.4167.44.0381.000.000.998-0.1460.002
call265161.2165.40.003.9060.000.000.998-0.1470.002
call270156.2160.30.003.7760.000.000.998-0.1460.002
call275151.2155.40.002.1870.000.000.998-0.1460.002
call280146.2150.40.002.1010.000.000.998-0.1460.002
call285141.2145.5142.82.0161.000.000.997-0.1460.002
call290136.2140.51401.9331.000.000.997-0.1460.003
call295131.2135.50.001.8520.000.000.997-0.1460.003
call300126.3130.30.001.7720.000.000.997-0.1460.003
call305121.3125.40.001.6930.000.000.997-0.1460.003
call310116.3120.4119.31.6151.000.000.997-0.1460.003
call315111.3115.51131.5391.000.000.997-0.1450.003
call320106.3110.50.001.4630.000.000.997-0.1450.003
call325101.3105.5105.51.3891.000.000.996-0.1450.003
call33096.30100.597.801.3163.000.000.996-0.1440.004
call33591.3095.500.001.2440.000.000.996-0.1440.004
call34086.3090.400.001.1730.000.000.996-0.1440.004
call34581.3085.4082.901.1042.000.000.996-0.1430.004
call35076.3080.3073.501.0352.000.000.995-0.1430.004
call35571.5074.8074.601.1291.000.000.995-0.1420.005
call357.569.0072.3069.101.0921.000.000.995-0.1410.005
call36066.5069.6059.501.66713.000.000.995-0.1410.005
call362.564.0067.1064.101.6123.000.000.995-0.1410.005
call36561.5064.6048.831.5637.000.000.994-0.1400.005
call367.559.0062.3063.300.9453.000.000.994-0.1400.005
call37056.5059.8054.120.9086.000.000.994-0.1390.005
call372.553.8057.800.000.7350.000.000.994-0.1390.006
call37551.5054.8043.600.8362.000.000.994-0.1380.006
call377.548.8052.900.000.6700.000.000.993-0.1380.006
call38046.5049.8043.360.7641.000.000.993-0.1370.006
call382.544.0047.300.000.7281.000.000.993-0.1360.006
call38541.5044.8044.570.69224.000.000.992-0.1360.007
call387.539.0042.1037.151.0961.000.000.992-0.1400.007
call39036.5039.6029.121.04252.000.000.990-0.1570.009
call392.534.0037.1039.100.99019.000.000.981-0.2560.015
call39531.5034.9025.300.45082.000.000.985-0.1910.012
call397.529.0032.1026.900.8848.000.000.974-0.2980.020
call40026.6029.7020.740.3854.000.000.984-0.1780.013
call402.524.1027.200.000.3810.000.000.927-0.7000.045
call40521.6024.7017.750.45723.000.000.916-0.7360.049
call407.518.9023.000.000.4150.000.000.913-0.6990.051
call41016.7019.9016.530.26415.000.000.921-0.5590.047
call412.514.2018.300.000.3870.000.000.894-0.6790.059
call41512.1015.008.600.26331.000.000.900-0.5470.056
call417.59.7013.206.000.36223.000.000.819-0.9330.085
call4208.0010.806.700.32374.000.000.788-0.9360.093
call422.57.108.108.500.31239.000.000.725-1.0700.107
call4255.306.404.860.3317.000.000.651-1.2190.119
call427.53.804.904.770.3616.000.000.575-1.3530.126
call4302.603.603.100.30955.002.000.502-1.2920.128
call432.51.752.651.530.33347.000.000.429-1.3080.126
call4351.151.901.200.31418.000.000.357-1.2260.120
call437.50.651.302.310.3252000.000.305-1.2440.113
call4400.450.900.450.3241395.000.247-1.1150.102
call442.50.101.350.770.37435.009.000.216-1.1150.094
call4450.051.200.620.42162.009.000.193-1.1280.088
call447.50.003.500.190.4677.000.000.173-1.1320.082
call4500.004.900.000.6080.000.000.112-0.8330.061
call4550.004.900.100.6131.000.000.107-0.9350.059
call4600.002.400.350.6815.000.000.115-1.1350.062
call4650.004.900.000.8070.000.000.101-1.1360.058
call4700.004.900.000.8840.000.000.090-1.1190.053
call4750.004.500.000.9050.000.000.075-1.0110.045
call4800.004.900.001.0300.000.000.078-1.1700.048
call4850.004.900.001.1000.000.000.074-1.1990.046
call4900.004.900.001.1180.000.000.057-0.9980.037
call4950.004.900.001.2380.000.000.067-1.2520.042
put1950.004.900.003.6330.000.00-0.001-0.1280.001
put2000.004.900.003.2670.000.00-0.003-0.1710.003
put2050.004.900.003.4170.000.00-0.001-0.1260.002
put2100.004.900.003.0710.000.00-0.003-0.1700.003
put2150.004.900.003.2120.000.00-0.002-0.1270.002
put2200.004.900.003.1090.000.00-0.002-0.1250.002
put2250.004.900.003.0220.000.00-0.002-0.1270.002
put2300.004.900.002.9140.000.00-0.002-0.1240.002
put2350.004.900.002.6180.000.00-0.003-0.1670.004
put2400.004.900.002.7280.000.00-0.002-0.1240.002
put2450.004.900.002.6370.000.00-0.002-0.1230.002
put2500.004.900.002.5730.000.00-0.002-0.1260.002
put2550.004.900.002.4620.000.00-0.002-0.1220.002
put2600.004.900.002.3760.000.00-0.002-0.1220.002
put2650.004.900.002.2920.000.00-0.002-0.1210.002
put2700.004.900.002.2070.000.00-0.002-0.1210.002
put2750.004.900.052.1261.000.00-0.002-0.1200.002
put2800.004.900.002.0560.000.00-0.002-0.1210.002
put2850.004.900.051.9671.000.00-0.003-0.1190.003
put2900.004.900.001.8980.000.00-0.003-0.1190.003
put2950.004.900.001.8150.000.00-0.003-0.1180.003
put3000.004.900.001.7410.000.00-0.003-0.1170.003
put3050.004.901.221.6662.000.00-0.003-0.1160.003
put3100.004.900.001.5930.000.00-0.003-0.1160.003
put3150.004.900.001.5210.000.00-0.003-0.1150.003
put3200.004.900.001.4500.000.00-0.003-0.1140.003
put3250.004.900.001.3770.000.00-0.004-0.1130.003
put3300.004.900.001.2950.000.00-0.004-0.1120.004
put3350.004.901.591.2743.000.00-0.004-0.1150.004
put3400.004.903.971.2052.000.00-0.004-0.1140.004
put3450.004.902.271.1351.000.00-0.004-0.1120.004
put3500.004.902.631.0702.000.00-0.005-0.1110.004
put3550.000.050.050.9149.000.00-0.009-0.1420.009
put357.50.004.500.100.9701.000.00-0.005-0.1100.005
put3600.001.101.720.9354.001.00-0.005-0.1090.005
put362.50.004.400.000.8920.000.00-0.005-0.1080.005
put3650.001.101.740.86910.001.00-0.006-0.1070.005
put367.50.004.900.000.8390.000.00-0.006-0.1070.005
put3700.004.902.960.8061.000.00-0.006-0.1060.005
put372.50.004.900.100.7741.000.00-0.006-0.1050.006
put3750.002.507.760.73912.000.00-0.006-0.1040.006
put377.50.004.900.000.6800.000.00-0.007-0.1000.006
put3800.004.900.050.67715.000.00-0.007-0.1030.006
put382.50.003.204.500.64520.000.00-0.007-0.1020.006
put3850.004.700.050.6112.000.00-0.008-0.1010.007
put387.50.004.900.000.5510.000.00-0.009-0.1060.008
put3900.000.050.120.49843.000.00-0.019-0.1610.017
put392.50.004.900.000.5400.000.00-0.021-0.2240.016
put3950.000.101.100.43917.000.00-0.028-0.2090.024
put397.50.004.900.000.4960.000.00-0.027-0.2650.020
put4000.000.100.100.40568.001.00-0.045-0.2930.035
put402.50.004.901.270.66251.000.00-0.071-0.6470.044
put4050.004.901.150.58956.000.00-0.110-0.9080.061
put407.50.003.506.150.5411.000.00-0.120-0.8920.064
put4100.051.001.250.52329.000.00-0.079-0.5210.047
put412.50.053.300.610.47412.000.00-0.106-0.6410.059
put4150.100.903.800.4206.000.00-0.113-0.5790.062
put417.50.501.051.350.47699.000.00-0.181-0.8950.085
put4201.001.501.600.44362.007.00-0.212-0.8970.093
put422.51.252.052.430.4571033.00-0.275-1.0310.107
put4251.902.852.500.47311.009.00-0.349-1.1800.119
put427.52.853.903.840.4941.007.00-0.425-1.3130.126
put4304.105.206.500.5027.000.00-0.498-1.2520.128
put432.55.706.800.000.5140.000.00-0.571-1.2680.126
put4357.608.609.970.5382.000.00-0.643-1.1860.120
put437.58.7012.400.000.6200.000.00-0.695-1.2030.113
put44011.0014.0015.500.6383.000.00-0.753-1.0730.102
put442.513.3016.500.000.6760.000.00-0.784-1.0740.094
put44515.8018.900.000.7270.000.00-0.807-1.0870.088
put447.518.2021.300.000.7760.000.00-0.827-1.0900.082
put45020.1024.0022.120.9300.000.00-0.831-1.1990.081
put45525.0028.9029.131.0420.000.00-0.859-1.1750.072
put46029.7033.900.001.1080.000.00-0.883-1.1060.063
put46534.8038.900.001.2080.000.00-0.901-1.0550.056
put47039.7043.900.001.3050.000.00-0.916-0.9920.050
put47544.6048.900.001.3990.000.00-0.925-0.9660.045
put48049.6053.9048.201.4900.000.00-0.930-0.9930.043
put48554.9058.900.001.5650.000.00-0.934-1.0190.041
put49059.6063.900.001.6510.000.00-0.937-1.0420.040
put49564.9068.900.001.7340.000.00-0.940-1.0640.038

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10144Filing for proposed sale of securities under Rule 144.SEC
2026-11-10144Filing for proposed sale of securities under Rule 144.SEC
2026-11-064Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-064Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-064Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-0210-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-028-KCurrent report2026-11-02SEC
2026-10-014Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-09-294Statement of changes in beneficial ownership of securities2026-09-25SEC
2026-09-294Statement of changes in beneficial ownership of securities2026-09-25SEC
2026-09-294Statement of changes in beneficial ownership of securities2026-09-25SEC
2026-09-25144Filing for proposed sale of securities under Rule 144.SEC
2026-09-25144Filing for proposed sale of securities under Rule 144.SEC
2026-09-25144Filing for proposed sale of securities under Rule 144.SEC
2026-09-248-KCurrent report2026-09-23SEC
2026-09-104Statement of changes in beneficial ownership of securities2026-09-08SEC
2026-09-104Statement of changes in beneficial ownership of securities2026-09-08SEC
2026-09-104Statement of changes in beneficial ownership of securities2026-09-08SEC
2026-09-104Statement of changes in beneficial ownership of securities2026-09-08SEC
2026-08-194Statement of changes in beneficial ownership of securities2026-08-17SEC
2026-08-138-KCurrent report2026-08-11SEC
2026-08-12424B5SEC
2026-08-11FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-08-11424B5SEC
2026-08-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-038-KCurrent report2026-08-03SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110029.78M3
2026-100000
2026-09003.70M3
2026-080000
2026-070000
2026-060000
2026-05002.76M2
2026-040000
2026-030000
2026-020034.27M8
2026-010000
2025-1200494.77K1
2025-110025.17M6

Institutional holders

Manager% owned
BlackRock, Inc.6.09%
VANGUARD CAPITAL MANAGEMENT LLC5.32%
STATE STREET CORP3.66%
Invesco Ltd.3.65%
FMR LLC2.15%
WELLINGTON MANAGEMENT GROUP LLP2.08%
GEODE CAPITAL MANAGEMENT, LLC2.07%
MORGAN STANLEY1.89%
JPMORGAN CHASE & CO1.56%
VANGUARD PORTFOLIO MANAGEMENT LLC1.53%

Funds

Fund% owned
JPMorgan Ultra-Short Income ETF16.85%
Putnam Ultra Short Duration Income Fund10.77%
Navigator Tactical Fixed Income Fund9.96%
MFS Total Return Bond Fund6.89%
PGIM Total Return Bond Fund6.46%
Janus Henderson Short Duration Income ETF6.40%
MFS Limited Maturity Fund5.87%
THRIVENT CORE SHORT-TERM RESERVE FUND5.69%
Guggenheim Total Return Bond Fund5.18%
AST Multi-Sector Fixed Income Portfolio5.12%

OakChart. MAR. Cached 15 minutes.