Discounted Cash Flow
Marriott International Inc.
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $19.9b | $908.9m | $1.6b | 4.6% | $2.68 |
| 2017 | $26.7b (34.1%) | $1.6b (75.9%) | $2.6b (58.8%) | 6.0% (31.2%) | $3.66 (36.6%) |
| 2018 | $24.2b (-9.3%) | $2.2b (39.0%) | $2.1b (-18.0%) | 9.2% (53.3%) | $5.45 (48.9%) |
| 2019 | $24.4b (1.0%) | $1.5b (-33.2%) | $1.2b (-42.7%) | 6.1% (-33.9%) | $3.83 (-29.7%) |
| 2020 | $12.3b (-49.6%) | $-311.1m (-121.0%) | $1.8b (45.7%) | -2.5% (-141.6%) | $-0.82 (-121.4%) |
| 2021 | $16.1b (31.1%) | $1.3b (511.6%) | $1.2b (-33.9%) | 7.9% (414.0%) | $3.36 (509.8%) |
| 2022 | $24.2b (49.9%) | $2.7b (114.6%) | $2.4b (104.3%) | 11.4% (43.1%) | $7.27 (116.4%) |
| 2023 | $27.6b (14.2%) | $3.6b (30.7%) | $3.2b (33.8%) | 13.0% (14.5%) | $10.23 (40.7%) |
| 2024 | $29.2b (5.8%) | $2.8b (-23.0%) | $2.3b (-26.5%) | 9.5% (-27.2%) | $8.36 (-18.3%) |
| 2025 | $30.5b (4.3%) | $3.0b (9.5%) | $3.0b (30.5%) | 9.9% (5.0%) | $9.53 (14.0%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in EUR. Values above are converted to USD for comparison with the US-listed share price.
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Net debt deduction: —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.