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Marriott International vs MGM Resorts International: MAR and MGM compared
Marriott International is the larger company: $7.0B of revenue in its latest quarter (Q3 2026) against $4.2B for MGM Resorts International (Q3 2026). Marriott International is growing faster (+8% against -0.9% a year earlier). Marriott International is more profitable, with an operating margin of 18.2% against 2.8%.
Where the money goes: MAR and MGM
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.
MGM Resorts International (MGM) · Q3 2026
MGM Resorts International, Q3 2026: revenue $4.2B (-0.9% year over year), operating margin 2.8%, net earnings $39.2M, operating cash flow $532M. The chart follows the revenue to costs, profit and cash.
| Marriott International (MAR) | MGM Resorts International (MGM) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $7.0B | $4.2B |
| Revenue growth, Y/Y | +8% | -0.9% |
| Operating margin | 18.2% | 2.8% |
| Net earnings | $794M | $39.2M |
| Net margin | 11.3% | 0.9% |
| Operating cash flow | $1.4B | $532M |
| Free cash flow | $1.3B | $311M |
| Market value | $109.0B | $8.2B |
| P/E | 41.6× | 12.3× |
| Analysts’ mean target | $415.81 | $38.42 |
Where the revenue comes from
Marriott International
- Reimbursements: $5.1B (73%)
- Net fee revenues: $1.5B (21%)
- Owned, leased, and other: $436M (6%)
MGM Resorts International
- Casino: $2.3B (55%)
- Rooms: $763M (18%)
- Food and beverage: $741M (18%)
- Entertainment, retail and other: $403M (10%)
Questions
Which is bigger, Marriott International or MGM Resorts International?
Marriott International is the larger company: $7.0B of revenue in its latest quarter (Q3 2026) against $4.2B for MGM Resorts International (Q3 2026).
Is Marriott International or MGM Resorts International growing faster?
Marriott International is growing faster (+8% against -0.9% a year earlier).
Which is more profitable, Marriott International or MGM Resorts International?
Marriott International is more profitable, with an operating margin of 18.2% against 2.8%.
More: Marriott International earnings · how Marriott International makes money · MGM Resorts International earnings · how MGM Resorts International makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 2, 2026; 10-Q filed Oct 28, 2026). Fiscal quarters can end on different dates. Not investment advice.