vs

Side-by-side financial comparison of Marriott International (MAR) and NIO Inc. (NIO). Click either name above to swap in a different company.

Marriott International is the larger business by last-quarter revenue ($6.7B vs $4.7B, roughly 1.4× NIO Inc.). Marriott International runs the higher net margin — 6.7% vs 0.8%, a 5.8% gap on every dollar of revenue.

Marriott International, Inc. is an American multinational company that operates, franchises, and licenses lodging brands that include hotel, residential, and timeshare properties. Marriott International owns over 37 hotel and timeshare brands with 9,000 locations and 1,597,380 rooms across its network. Marriott International is headquartered in Bethesda, Maryland. The company is the successor to the hospitality division of the Marriott Corporation, founded by J.

Nio Inc. is a Chinese electric vehicle manufacturer headquartered in Shanghai. Founded in 2014, it adopted its current name in 2016. The company designs and sells electric vehicles, including sedans and SUVs, and has expanded into smartphone development.

MAR vs NIO — Head-to-Head

Bigger by revenue
MAR
MAR
1.4× larger
MAR
$6.7B
$4.7B
NIO
Higher net margin
MAR
MAR
5.8% more per $
MAR
6.7%
0.8%
NIO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MAR
MAR
NIO
NIO
Revenue
$6.7B
$4.7B
Net Profit
$445.0M
$38.7M
Gross Margin
17.5%
Operating Margin
11.6%
1.5%
Net Margin
6.7%
0.8%
Revenue YoY
4.1%
Net Profit YoY
-2.2%
EPS (diluted)
$1.67
$0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MAR
MAR
NIO
NIO
Q1 26
$4.7B
Q4 25
$6.7B
Q3 25
$6.5B
$3.0B
Q2 25
$6.7B
$2.6B
Q1 25
$6.3B
$2.7B
Q4 24
$6.4B
Q3 24
$6.3B
Q2 24
$6.4B
Net Profit
MAR
MAR
NIO
NIO
Q1 26
$38.7M
Q4 25
$445.0M
Q3 25
$728.0M
$-505.2M
Q2 25
$763.0M
$-709.5M
Q1 25
$665.0M
$-984.2M
Q4 24
$455.0M
Q3 24
$584.0M
Q2 24
$772.0M
Gross Margin
MAR
MAR
NIO
NIO
Q1 26
17.5%
Q4 25
Q3 25
13.9%
Q2 25
10.0%
Q1 25
11.7%
Q4 24
Q3 24
Q2 24
Operating Margin
MAR
MAR
NIO
NIO
Q1 26
1.5%
Q4 25
11.6%
Q3 25
18.2%
-16.2%
Q2 25
18.3%
-25.8%
Q1 25
15.1%
-30.6%
Q4 24
11.7%
Q3 24
15.1%
Q2 24
18.6%
Net Margin
MAR
MAR
NIO
NIO
Q1 26
0.8%
Q4 25
6.7%
Q3 25
11.2%
-16.8%
Q2 25
11.3%
-27.0%
Q1 25
10.6%
-36.2%
Q4 24
7.1%
Q3 24
9.3%
Q2 24
12.0%
EPS (diluted)
MAR
MAR
NIO
NIO
Q1 26
$0.05
Q4 25
$1.67
Q3 25
$2.67
$-1.51
Q2 25
$2.78
$-2.31
Q1 25
$2.39
$-3.47
Q4 24
$1.64
Q3 24
$2.07
Q2 24
$2.69

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MAR
MAR
NIO
NIO
Cash + ST InvestmentsLiquidity on hand
$358.0M
$4.4B
Total DebtLower is stronger
$15.0B
Stockholders' EquityBook value
$-3.8B
$594.8M
Total Assets
$27.5B
$17.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAR
MAR
NIO
NIO
Q1 26
$4.4B
Q4 25
$358.0M
Q3 25
$678.0M
Q2 25
$671.0M
$2.5B
Q1 25
$523.0M
$4.6B
Q4 24
$396.0M
Q3 24
$394.0M
Q2 24
$349.0M
Total Debt
MAR
MAR
NIO
NIO
Q1 26
Q4 25
$15.0B
Q3 25
$14.4B
Q2 25
$14.5B
Q1 25
$14.1B
Q4 24
$13.1B
Q3 24
$12.7B
Q2 24
$12.2B
Stockholders' Equity
MAR
MAR
NIO
NIO
Q1 26
$594.8M
Q4 25
$-3.8B
Q3 25
$-3.1B
Q2 25
$-3.0B
$-168.3M
Q1 25
$-3.2B
$817.5M
Q4 24
$-3.0B
Q3 24
$-2.4B
Q2 24
$-2.1B
Total Assets
MAR
MAR
NIO
NIO
Q1 26
$17.8B
Q4 25
$27.5B
Q3 25
$27.8B
Q2 25
$27.3B
$14.0B
Q1 25
$26.7B
$14.7B
Q4 24
$26.2B
Q3 24
$26.2B
Q2 24
$25.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAR
MAR
NIO
NIO
Operating Cash FlowLast quarter
$829.0M
$427.9M
Free Cash FlowOCF − Capex
$-439.4M
FCF MarginFCF / Revenue
-9.3%
Capex IntensityCapex / Revenue
18.4%
Cash ConversionOCF / Net Profit
1.86×
11.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAR
MAR
NIO
NIO
Q1 26
$427.9M
Q4 25
$829.0M
Q3 25
$1.1B
Q2 25
$643.0M
Q1 25
$647.0M
$-1.1B
Q4 24
$318.0M
Q3 24
$880.0M
Q2 24
$772.0M
Free Cash Flow
MAR
MAR
NIO
NIO
Q1 26
$-439.4M
Q4 25
Q3 25
$951.0M
Q2 25
$488.0M
Q1 25
$512.0M
$-2.3B
Q4 24
$-24.0M
Q3 24
$706.0M
Q2 24
$647.0M
FCF Margin
MAR
MAR
NIO
NIO
Q1 26
-9.3%
Q4 25
Q3 25
14.7%
Q2 25
7.2%
Q1 25
8.2%
-85.6%
Q4 24
-0.4%
Q3 24
11.3%
Q2 24
10.0%
Capex Intensity
MAR
MAR
NIO
NIO
Q1 26
18.4%
Q4 25
Q3 25
2.2%
Q2 25
2.3%
Q1 25
2.2%
46.1%
Q4 24
5.3%
Q3 24
2.8%
Q2 24
1.9%
Cash Conversion
MAR
MAR
NIO
NIO
Q1 26
11.07×
Q4 25
1.86×
Q3 25
1.50×
Q2 25
0.84×
Q1 25
0.97×
Q4 24
0.70×
Q3 24
1.51×
Q2 24
1.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons