Marriott Q4 profit falls as revenue rises; adjusted EPS $2.45 vs $3.57 a year earlier
Marriott reported fourth quarter 2024 total revenues of $6,429 million, up 5% from a year earlier, but net income fell to $455 million from $848 million and adjusted diluted EPS fell 31% to $2.45. The prior-year quarter included $228 million of tax benefits and a $223 million tax valuation allowance release, which the company cited as a reason for the year-over-year decline. The company also gave a 2025 adjusted diluted EPS forecast of $9.82 to $10.19, compared with $9.33 for 2024.
Key points
- Q4 2024 total revenues $6,429 million vs $6,095 million; worldwide RevPAR up 5.0 percent
- Q4 reported diluted EPS $1.63 vs $2.87; adjusted diluted EPS $2.45 vs $3.57
- Q4 adjusted EBITDA $1,286 million, up 7 percent from $1,197 million
- 2025 full-year adjusted diluted EPS forecast $9.82 to $10.19; first quarter 2025 forecast $2.20 to $2.26
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.