Marriott (MAR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended September 2025, Marriott International (MAR) reported revenue of $6.49 billion, up 3.7% over the same period last year. EPS came in at $2.47, compared to $2.26 in the year-ago quarter.The reported revenue represents a surprise of +0.55% over the Zacks Consensus Estimate of $6.45 billion. With the consensus EPS estimate being $2.41, the EPS surprise was +2.49%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Marriott performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Comparable Systemwide International Properties - Worldwide - REVPAR: 131 versus 132 estimated by three analysts on average.Rooms - Total: 1,753,722 versus the three-analyst average estimate of 1,750,993.Rooms - Owned/Leased: 14,206 versus 14,187 estimated by three analysts on average.Comparable Systemwide International Properties - Worldwide - REVPAR Growth Rate: 0.5% compared to the 0.4% average estimate based on three analysts.Revenues- Contract investment amortization: $-29 million versus the six-analyst average estimate of $-29.26 million. The reported number represents a year-over-year change of +11.5%.Revenues- Gross fee revenues: $1.34 billion compared to the $1.32 billion average estimate based on six analysts. The reported number represents a change of +4.3% year over year.Revenues- Net fee revenues: $1.31 billion versus $1.29 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +4.1% change.Revenues- Owned, leased, and other revenue: $420 million versus the six-analyst average estimate of $403.7 million. The reported number represents a year-over-year change of +10.2%.Revenues- Franchise fees: $876 million versus $864.58 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +7.9% change.Revenues- Incentive management fees: $148 million versus $141.48 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -6.9% change.Revenues- Cost reimbursements: $4.76 billion versus $4.76 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +3.1% change.Revenues- Base management fees: $314 million versus the six-analyst average estimate of $316.47 million. The reported number represents a year-over-year change of +0.6%.View all Key Company Metrics for Marriott here>>>Shares of Marriott have returned -3% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marriott International, Inc. (MAR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks