Expedia Group vs Marriott International
Marriott International reported revenue of $26.2 billion in fiscal 2025, 1.8 times Expedia Group's $14.7 billion in fiscal 2025. Expedia Group's revenue grew 7.6% in its latest year, and Marriott International's grew 4.3%. Expedia Group had an operating margin of 12.7%, against 15.8% at Marriott International. Free cash flow was $3.1 billion at Expedia Group and $2.6 billion at Marriott International.
Side by side
| Expedia Group | Marriott International | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $14.7B | $26.2B |
| Revenue growth | 7.6% | 4.3% |
| Revenue growth a year, last 5 years | 23.2% | 19.9% |
| Gross margin | — | — |
| Operating margin | 12.7% | 15.8% |
| Net margin | 8.8% | 9.9% |
| Free cash flow | $3.1B | $2.6B |
| Free cash flow margin | 21.1% | 10.0% |
| Return on capital | 40.5% | 27.4% |
| Net debt to EBITDA | 0.2x | 3.5x |
| Dividends and buybacks | $2.1B | $4.0B |
| Change in diluted share count | −4.3% | −4.1% |
| Last close | $283.97 | $394.75 |
| P/E at the last close | 17.7× | 40.8× |
| Insider trades, last 12 months | sold $8.5 million | sold $63.9 million |
| Piotroski F-score | 8 of 8 | 7 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Expedia GroupMarriott International
Operating margin
Percent of revenue
Expedia GroupMarriott International
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Expedia GroupMarriott International
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Expedia Group and Marriott International pages.