Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Marriott International, Inc. (MAR)

Company Dividend Discount ModelIndustry: Travel LodgingSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$150.05 - $285.66$204.69
Multi-Stage$135.80 - $148.44$142.01
Blended Fair Value$173.35
Current Price$260.44
Upside-33.44%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.19%11.83%2.472.131.160.000.562.221.971.741.350.92
YoY Growth--16.18%82.87%0.00%-100.00%-74.51%12.71%12.66%28.88%47.83%13.45%
Dividend Yield--1.04%0.85%0.70%0.00%0.38%2.96%1.54%1.28%1.44%1.29%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,611.00
(-) Cash Dividends Paid (M)715.00
(=) Cash Retained (M)1,896.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)522.20326.38195.83
Cash Retained (M)1,896.001,896.001,896.00
(-) Cash Required (M)-522.20-326.38-195.83
(=) Excess Retained (M)1,373.801,569.631,700.18
(/) Shares Outstanding (M)276.23276.23276.23
(=) Excess Retained per Share4.975.686.15
LTM Dividend per Share2.592.592.59
(+) Excess Retained per Share4.975.686.15
(=) Adjusted Dividend7.568.278.74
WACC / Discount Rate9.42%9.42%9.42%
Growth Rate4.17%5.17%6.17%
Fair Value$150.05$204.69$285.66
Upside / Downside-42.39%-21.41%9.69%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,611.002,745.932,887.833,037.063,194.003,359.053,459.83
Payout Ratio27.38%39.91%52.43%64.95%77.48%90.00%92.50%
Projected Dividends (M)715.001,095.831,514.101,972.682,474.613,023.153,200.34

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.42%9.42%9.42%
Growth Rate4.17%5.17%6.17%
Year 1 PV (M)991.991,001.511,011.04
Year 2 PV (M)1,240.751,264.691,288.86
Year 3 PV (M)1,463.371,505.921,549.28
Year 4 PV (M)1,661.761,726.501,793.11
Year 5 PV (M)1,837.751,927.672,021.08
PV of Terminal Value (M)30,316.9131,800.3233,341.23
Equity Value (M)37,512.5339,226.6141,004.59
Shares Outstanding (M)276.23276.23276.23
Fair Value$135.80$142.01$148.44
Upside / Downside-47.86%-45.47%-43.00%

High-Yield Dividend Screener

« Prev Page 48 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3269.TAdvance Residence Investment Corporation3.39%$5,804.0552.10%
CTZ.VNamSys Inc.3.39%$0.0556.26%
FILTRA.BOFiltra Consultants and Engineers Limited3.39%$2.4484.66%
INWI.STInwido AB (publ)3.39%$5.4860.02%
000422.SZHubei Yihua Chemical Industry Co., Ltd.3.38%$0.4872.32%
002318.SZZhejiang Jiuli Hi-Tech Metals Co., Ltd.3.38%$0.9854.31%
002533.SZGold cup Electric Apparatus Co.,Ltd.3.38%$0.4250.59%
003490.KSKorean Air Lines Co., Ltd.3.38%$750.2629.70%
600578.SSBeijing Jingneng Power Co., Ltd.3.38%$0.1733.20%
601811.SSXinhua Winshare Publishing and Media Co., Ltd.3.38%$0.4534.30%
7270.TSubaru Corporation3.38%$114.7827.17%
JHGJanus Henderson Group plc3.38%$1.6146.72%
002714.SZMuyuan Foods Co., Ltd.3.37%$1.7041.84%
019210.KQYG-1 Co., Ltd.3.37%$174.8833.83%
1954.TNippon Koei Co., Ltd.3.37%$126.0437.37%
7TEC.BOSaven Technologies Limited3.37%$1.5048.59%
8252.TMarui Group Co., Ltd.3.37%$108.4166.71%
9739.TNSW Inc.3.37%$85.1035.17%
0JMU.Ltechnotrans SE3.36%$1.1552.64%
4321.SRArabian Centres Company3.36%$0.6424.31%
600141.SSHubei Xingfa Chemicals Group Co., Ltd.3.36%$1.1683.90%
601825.SSShanghai Rural Commercial Bank Co., Ltd.3.36%$0.3124.33%
KC4.DEKONE Oyj3.36%$1.8095.42%
OTEXOpen Text Corporation3.36%$1.0755.28%
294870.KSHDC Hyundai Development Company3.35%$700.0023.41%
4212.TSekisui Jushi Corporation3.35%$71.2959.28%
B61.SIBukit Sembawang Estates Limited3.35%$0.1636.24%
CAMB.BRCampine N.V.3.35%$7.6318.23%
ELIS.PAElis S.A.3.35%$0.8033.62%
KREATE.HEKreate Group Oyj3.35%$0.4379.17%
M12.DEM1 Kliniken AG3.35%$0.6132.73%
XGR2.DECompass Group PLC3.35%$0.9061.67%
004430.KSSongwon Industrial Co., Ltd.3.34%$301.2433.59%
0N66.LATOSS Software AG3.34%$3.8280.44%
6219.TWOFull Wang International Development Co., Ltd.3.34%$0.6777.89%
9537.SRAmwaj International Company3.34%$1.0094.38%
AMATAV.BKAmata VN Public Company Limited3.34%$0.0621.41%
EOAN.DEE.on Se3.34%$0.5547.88%
030190.KQNICE Information Service Co., Ltd.3.33%$331.9538.71%
089470.KSHDC Hyundai Engineering Plastics Co., Ltd.3.33%$140.0111.49%
2373.HKBeauty Farm Medical and Health Industry Inc.3.33%$0.8841.42%
600258.SSBTG Hotels (Group) Co., Ltd.3.33%$0.5674.23%
601518.SSJilin Expressway Co., Ltd.3.33%$0.0932.60%
6584.TSanoh Industrial Co., Ltd.3.33%$28.5739.95%
6843.TWOJDV Control Valves Co., Ltd.3.33%$1.9085.01%
ARASE.ISDogu Aras Enerji Yatirimlari AS3.33%$2.3841.72%
AZA.STAvanza Bank Holding AB (publ)3.33%$11.7070.53%
BAY-R.BKBank of Ayudhya Public Company Limited3.33%$0.8720.61%
SL.MISanlorenzo S.p.A.3.33%$1.0133.16%
STNGScorpio Tankers Inc.3.33%$1.6528.37%