Marriott InternationalMAR -0.87%88 Pretax Margin % is 12.89% as of Mar. 2026, which is 8% above its 10-year median of 11.93. 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 845 Travel & Leisure companies, Marriott International ranks better than 68.76% on this metric.
The historical rank and industry rank for Marriott International's Pretax Margin % or its related term are showing as below:
MAR'
s Pretax Margin % Range Over the Past 10 Years
Min: -4.41 Med: 11.93 Max: 14.99
Current: 13.12
MAR's Pretax Margin % is ranked better than 68.76% of 845
companies
in the Travel & Leisure industry
Industry Median: 6.11
vs MAR: 13.12
Marriott International (NAS:MAR) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Marriott International Pretax Margin % Related Terms
Marriott International Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Marriott International's Pretax Margin % 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.
For the Lodging subindustry, Marriott International's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott International's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Marriott International's Pretax Margin % falls into.
* 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 Pretax Margin % of 12.89% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Marriott International and its competitors. This is near median its historical median of 11.93. According to the industry distribution chart, Marriott International ranks #264 out of 845 companies in the Travel & Leisure industry, placing it in the top 31.2%.
Is Marriott International's Pretax Margin % too high?
Marriott International's current Pretax Margin % of 12.89% is near median its 10-year median of 11.93. The Travel & Leisure industry median Pretax Margin % is 6.11. Marriott International's value of 12.89% is 111% above this industry median. Based on the distribution chart, Marriott International ranks #264 out of 845 companies in the Travel & Leisure industry, which is above the industry midpoint. 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 Pretax Margin % compare to HLT and H?
According to the Travel & Leisure industry distribution chart, Marriott International ranks #264 out of 845 companies for Pretax Margin %. This puts Marriott International in the upper half of its industry. The industry median Pretax Margin % is 6.11. Marriott International's value of 12.89% is 111% above this benchmark. While the company's 10-year median is 11.93 vs. the industry median of 6.11, Marriott International has consistently been above 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 Pretax Margin % for a Travel & Leisure company?
The median Pretax Margin % among Travel & Leisure companies is 6.11, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marriott International's current Pretax Margin % of 12.89% is 111% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Marriott International and its competitors. For the Travel & Leisure industry, the median Pretax Margin % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott International's current Pretax Margin % is 12.89%, which is near median its own 10-year median of 11.93. 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 Pretax Margin % is 12.89%, which is near median its 10-year median of 11.93 and 111% above the Travel & Leisure industry median of 6.11. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Marriott International (MAR), the current Pretax Margin % is 12.89% 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:
Pretax Margin %: 12.89% (near median its 10-year median of 11.93)
GF Value™: $300.10 vs. price of $383.56 (27.8% above fair value)
Industry Position: 111% above the Travel & Leisure median (#264 of 845)
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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