Marriott InternationalMAR -0.87%88 Dividend Payout Ratio is 0.25 as of Mar. 2026, which is 4% below its 10-year median of 0.26. GuruFocus rates MAR with a GF Score™ of 88/100 and a GF Value™ of $300.10 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 347 Travel & Leisure companies, Marriott International ranks better than 78.39% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Marriott International's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.25.
The historical rank and industry rank for Marriott International's Dividend Payout Ratio or its related term are showing as below:
MAR'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.26 Max: 2.67
Current: 0.21
During the past 13 years, the highest Dividend Payout Ratio of Marriott International was 2.67. The lowest was 0.15. And the median was 0.26.
MAR's Dividend Payout Ratio is ranked better than 78.39% of 347
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs MAR: 0.21
During the past 13 years, the highest Trailing Annual Dividend Yield of Marriott International was 3.25%. The lowest was 0.18%. And the median was 0.97%.
During the past 12 months, Marriott International's average Dividends Per Share Growth Rate was 6.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 38.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marriott International was 78.60% per year. The lowest was -28.50% per year. And the median was 17.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Marriott International (NAS:MAR) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Marriott International Dividend Payout Ratio Related Terms
Marriott International Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Marriott International's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Marriott International Dividend Payout Ratio Chart
MAR vs HLT, H, HTHT: Dividend Payout Ratio Comparison
For the Lodging subindustry, Marriott International's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Marriott International Dividend Payout Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Marriott International's Dividend Payout Ratio falls into.
Marriott International Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Marriott International's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Marriott International (MAR) has a Dividend Payout Ratio of 0.25 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Marriott International and its competitors. This is near median its historical median of 0.26. Over the past decade, Marriott International's Dividend Payout Ratio has ranged from 0.15 to 2.67. According to the industry distribution chart, Marriott International ranks #75 out of 347 companies in the Travel & Leisure industry, placing it in the top 21.6%.
Is Marriott International's Dividend Payout Ratio too high?
Marriott International's current Dividend Payout Ratio of 0.25 is near median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 2.67. The Travel & Leisure industry median Dividend Payout Ratio is 0.43. Marriott International's value of 0.25 is 41.9% below this industry median. Based on the distribution chart, Marriott International ranks #75 out of 347 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Marriott International has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marriott International's Dividend Payout Ratio compare to HLT and H?
According to the Travel & Leisure industry distribution chart, Marriott International ranks #75 out of 347 companies for Dividend Payout Ratio. This places Marriott International in the top 22% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.43. Marriott International's value of 0.25 is 41.9% below this benchmark. Historically, Marriott International's own Dividend Payout Ratio has ranged from 0.15 to 2.67 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.43, Marriott International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Travel & Leisure company?
The median Dividend Payout Ratio among Travel & Leisure companies is 0.43, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott International's current Dividend Payout Ratio of 0.25 is 41.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Marriott International and its competitors. For the Travel & Leisure industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott International's current Dividend Payout Ratio is 0.25, which is near median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marriott International stock overvalued right now?
Based on GuruFocus' analysis, Marriott International (MAR) is currently considered Modestly Overvalued. The stock's GF Value™ is $300.10, compared to a current price of $383.56 — trading 27.8% above its estimated fair value. The current Dividend Payout Ratio is 0.25, which is near median its 10-year median of 0.26 and 41.9% below the Travel & Leisure industry median of 0.43. Marriott International's overall GF Score™ is 88/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Marriott International (MAR), the current Dividend Payout Ratio is 0.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Marriott International (MAR) Overvalued in 2026?
Based on GuruFocus' analysis, Marriott International stock appears to be overvalued.
The current stock price of $383.56 is trading 27.8% above its estimated GF Value™ of $300.10.
GuruFocus considers Marriott International to be Modestly Overvalued.
Key valuation signals for MAR:
Dividend Payout Ratio: 0.25 (near median its 10-year median of 0.26)
GF Value™: $300.10 vs. price of $383.56 (27.8% above fair value)
Industry Position: 41.9% below the Travel & Leisure median (#75 of 347)
No single metric tells the full story. See the MAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marriott operates 1.8 million rooms across roughly 30 brands. At the end of 2025, luxury represented roughly 10% of total rooms, premium was 42%, select service was 46%, and midscale was 2%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 99% of total rooms as of Dec. 31, 2025. North America makes up 61% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.
88GF Score
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