Filing Flows › Comparisons › MAR vs HLT
Marriott International vs Hilton Worldwide Holdings: MAR and HLT compared
Marriott International is the larger company: $7.0B of revenue in its latest quarter (Q3 2026) against $3.3B for Hilton Worldwide Holdings (Q3 2026). Marriott International is growing faster (+8% against +7% a year earlier). Hilton Worldwide Holdings is more profitable, with an operating margin of 27.3% against 18.2%.
Where the money goes: MAR and HLT
Marriott International (MAR) · Q3 2026
Marriott International, Q3 2026: revenue $7.0B (+8% year over year), operating margin 18.2%, net earnings $794M, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
Hilton Worldwide Holdings (HLT) · Q3 2026
Hilton Worldwide Holdings, Q3 2026: revenue $3.3B (+7% year over year), operating margin 27.3%, net earnings $536M, operating cash flow $721M. The chart follows the revenue to costs, profit and cash.
| Marriott International (MAR) | Hilton Worldwide Holdings (HLT) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $7.0B | $3.3B |
| Revenue growth, Y/Y | +8% | +7% |
| Operating margin | 18.2% | 27.3% |
| Net earnings | $794M | $536M |
| Net margin | 11.3% | 16.1% |
| Operating cash flow | $1.4B | $721M |
| Free cash flow | $1.3B | $689M |
| Market value | $109.0B | $83.7B |
| P/E | 41.6× | 50.1× |
| Analysts’ mean target | $415.81 | $366.54 |
Where the revenue comes from
Marriott International
- Reimbursements: $5.1B (73%)
- Net fee revenues: $1.5B (21%)
- Owned, leased, and other: $436M (6%)
Hilton Worldwide Holdings
- Reimbursement Revenue: $2.0B (59%)
- Total revenues excluding reimbursable revenues: $1.4B (41%)
Questions
Which is bigger, Marriott International or Hilton Worldwide Holdings?
Marriott International is the larger company: $7.0B of revenue in its latest quarter (Q3 2026) against $3.3B for Hilton Worldwide Holdings (Q3 2026).
Is Marriott International or Hilton Worldwide Holdings growing faster?
Marriott International is growing faster (+8% against +7% a year earlier).
Which is more profitable, Marriott International or Hilton Worldwide Holdings?
Hilton Worldwide Holdings is more profitable, with an operating margin of 27.3% against 18.2%.
More: Marriott International earnings · how Marriott International makes money · Hilton Worldwide Holdings earnings · how Hilton Worldwide Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 2, 2026; 10-Q filed Oct 27, 2026). Fiscal quarters can end on different dates. Not investment advice.