Every material Form 8-K Marriott International filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Marriott reported third quarter 2024 results with reported diluted EPS of $2.07, down from $2.51 a year earlier, and reported net income of $584 million, down from $752 million. Adjusted diluted EPS rose to $2.26 from $2.11, and worldwide RevPAR increased 3.0 percent, so shareholders see a mixed picture depending on which measure they follow. The company also set full-year 2024 adjusted diluted EPS guidance of $9.19 to $9.27 and expects to return about $4.4 billion to shareholders in 2024.
Reported diluted EPS $2.07 vs. $2.51 a year earlier; reported net income $584 million vs. $752 million
Adjusted diluted EPS $2.26 vs. $2.11; adjusted net income $638 million vs. $634 million; adjusted EBITDA $1,229 million vs. $1,142 million
Full-year 2024 adjusted diluted EPS outlook $9.19 to $9.27; fourth-quarter outlook $2.31 to $2.39
Initiative expected to yield $80 million to $90 million of annual G&A cost reductions beginning in 2025
Marriott reported second quarter 2024 results with reported diluted EPS of $2.69, up from $2.38 a year earlier, and adjusted diluted EPS of $2.50, up from $2.26. Worldwide RevPAR rose 4.9 percent, and the company narrowed its full-year 2024 RevPAR growth outlook to 3% to 4%, citing a weaker operating environment in Greater China. For shareholders, the company said it expects to return approximately $4.3 billion in 2024 through dividends and share repurchases.
Reported net income was $772 million, up from $726 million; adjusted net income was $716 million, up from $690 million.
Worldwide RevPAR rose 4.9 percent; U.S. and Canada rose 3.9 percent and international markets rose 7.4 percent.
Full-year 2024 outlook: adjusted EPS of $9.23 to $9.40 and net rooms growth of 5.5% to 6%.
Marriott repurchased 4.1 million shares for $1.0 billion in the quarter; year to date through July 29, it returned $2.8 billion to shareholders.
Marriott reported first quarter 2024 results with total revenues up 6% to $5,977 million, but reported diluted EPS fell to $1.93 from $2.43 and reported net income fell to $564 million from $757 million. The company raised its full-year 2024 adjusted EPS outlook to $9.31 to $9.65 and expects to return $4.2 billion to $4.4 billion to shareholders in 2024.
Adjusted diluted EPS rose to $2.13 from $2.09; adjusted net income fell to $620 million from $648 million.
Worldwide comparable systemwide constant dollar RevPAR rose 4.2%, with U.S. & Canada up 1.5% and international markets up 11.1%.
Full-year 2024 adjusted EBITDA outlook is $4,960 million to $5,090 million; investment spending is $1,000 million to $1,200 million.
Marriott repurchased 4.8 million shares for $1.2 billion in the first quarter.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Marriott International filing is on SEC EDGAR ↗. 8-K briefs of other companies →