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Side-by-side financial comparison of Marriott International (MAR) and TE Connectivity (TEL). 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× TE Connectivity). TE Connectivity runs the higher net margin — 18.0% vs 6.7%, a 11.4% gap on every dollar of revenue. On growth, TE Connectivity posted the faster year-over-year revenue change (14.5% vs 4.1%). Over the past eight quarters, TE Connectivity's revenue compounded faster (9.2% CAGR vs 5.8%).

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.

TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.

MAR vs TEL — Head-to-Head

Bigger by revenue
MAR
MAR
1.4× larger
MAR
$6.7B
$4.7B
TEL
Growing faster (revenue YoY)
TEL
TEL
+10.4% gap
TEL
14.5%
4.1%
MAR
Higher net margin
TEL
TEL
11.4% more per $
TEL
18.0%
6.7%
MAR
Faster 2-yr revenue CAGR
TEL
TEL
Annualised
TEL
9.2%
5.8%
MAR

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MAR
MAR
TEL
TEL
Revenue
$6.7B
$4.7B
Net Profit
$445.0M
$855.0M
Gross Margin
36.8%
Operating Margin
11.6%
20.1%
Net Margin
6.7%
18.0%
Revenue YoY
4.1%
14.5%
Net Profit YoY
-2.2%
58.0%
EPS (diluted)
$1.67
$2.90

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
TEL
TEL
Q1 26
$4.7B
Q4 25
$6.7B
$4.7B
Q3 25
$6.5B
$4.7B
Q2 25
$6.7B
$4.5B
Q1 25
$6.3B
$4.1B
Q4 24
$6.4B
$3.8B
Q3 24
$6.3B
$4.1B
Q2 24
$6.4B
$4.0B
Net Profit
MAR
MAR
TEL
TEL
Q1 26
$855.0M
Q4 25
$445.0M
$750.0M
Q3 25
$728.0M
$663.0M
Q2 25
$763.0M
$638.0M
Q1 25
$665.0M
$13.0M
Q4 24
$455.0M
$528.0M
Q3 24
$584.0M
$276.0M
Q2 24
$772.0M
$573.0M
Gross Margin
MAR
MAR
TEL
TEL
Q1 26
36.8%
Q4 25
37.2%
Q3 25
35.0%
Q2 25
35.3%
Q1 25
35.2%
Q4 24
35.5%
Q3 24
34.0%
Q2 24
34.8%
Operating Margin
MAR
MAR
TEL
TEL
Q1 26
20.1%
Q4 25
11.6%
20.6%
Q3 25
18.2%
19.3%
Q2 25
18.3%
18.9%
Q1 25
15.1%
18.1%
Q4 24
11.7%
18.0%
Q3 24
15.1%
16.0%
Q2 24
18.6%
19.0%
Net Margin
MAR
MAR
TEL
TEL
Q1 26
18.0%
Q4 25
6.7%
16.1%
Q3 25
11.2%
14.0%
Q2 25
11.3%
14.1%
Q1 25
10.6%
0.3%
Q4 24
7.1%
13.8%
Q3 24
9.3%
6.8%
Q2 24
12.0%
14.4%
EPS (diluted)
MAR
MAR
TEL
TEL
Q1 26
$2.90
Q4 25
$1.67
$2.53
Q3 25
$2.67
$2.23
Q2 25
$2.78
$2.14
Q1 25
$2.39
$0.04
Q4 24
$1.64
$1.75
Q3 24
$2.07
$0.96
Q2 24
$2.69
$1.86

Balance Sheet & Financial Strength

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

Metric
MAR
MAR
TEL
TEL
Cash + ST InvestmentsLiquidity on hand
$358.0M
$1.1B
Total DebtLower is stronger
$15.0B
$5.7B
Stockholders' EquityBook value
$-3.8B
$13.2B
Total Assets
$27.5B
$25.7B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAR
MAR
TEL
TEL
Q1 26
$1.1B
Q4 25
$358.0M
$1.3B
Q3 25
$678.0M
$1.3B
Q2 25
$671.0M
$672.0M
Q1 25
$523.0M
$2.6B
Q4 24
$396.0M
$1.3B
Q3 24
$394.0M
$1.3B
Q2 24
$349.0M
$1.5B
Total Debt
MAR
MAR
TEL
TEL
Q1 26
$5.7B
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
TEL
TEL
Q1 26
$13.2B
Q4 25
$-3.8B
$13.0B
Q3 25
$-3.1B
$12.6B
Q2 25
$-3.0B
$12.4B
Q1 25
$-3.2B
$12.1B
Q4 24
$-3.0B
$12.4B
Q3 24
$-2.4B
$12.4B
Q2 24
$-2.1B
$12.6B
Total Assets
MAR
MAR
TEL
TEL
Q1 26
$25.7B
Q4 25
$27.5B
$25.6B
Q3 25
$27.8B
$25.1B
Q2 25
$27.3B
$24.9B
Q1 25
$26.7B
$23.7B
Q4 24
$26.2B
$22.4B
Q3 24
$26.2B
$22.9B
Q2 24
$25.7B
$22.9B
Debt / Equity
MAR
MAR
TEL
TEL
Q1 26
0.43×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
TEL
TEL
Operating Cash FlowLast quarter
$829.0M
$947.0M
Free Cash FlowOCF − Capex
$680.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
5.7%
Cash ConversionOCF / Net Profit
1.86×
1.11×
TTM Free Cash FlowTrailing 4 quarters
$3.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAR
MAR
TEL
TEL
Q1 26
$947.0M
Q4 25
$829.0M
$865.0M
Q3 25
$1.1B
$1.4B
Q2 25
$643.0M
$1.2B
Q1 25
$647.0M
$653.0M
Q4 24
$318.0M
$878.0M
Q3 24
$880.0M
$1.0B
Q2 24
$772.0M
$1.0B
Free Cash Flow
MAR
MAR
TEL
TEL
Q1 26
$680.0M
Q4 25
$607.0M
Q3 25
$951.0M
$1.1B
Q2 25
$488.0M
$957.0M
Q1 25
$512.0M
$423.0M
Q4 24
$-24.0M
$673.0M
Q3 24
$706.0M
$829.0M
Q2 24
$647.0M
$857.0M
FCF Margin
MAR
MAR
TEL
TEL
Q1 26
14.3%
Q4 25
13.0%
Q3 25
14.7%
24.2%
Q2 25
7.2%
21.1%
Q1 25
8.2%
10.2%
Q4 24
-0.4%
17.5%
Q3 24
11.3%
20.4%
Q2 24
10.0%
21.5%
Capex Intensity
MAR
MAR
TEL
TEL
Q1 26
5.7%
Q4 25
5.5%
Q3 25
2.2%
5.7%
Q2 25
2.3%
5.1%
Q1 25
2.2%
5.6%
Q4 24
5.3%
5.3%
Q3 24
2.8%
5.2%
Q2 24
1.9%
3.7%
Cash Conversion
MAR
MAR
TEL
TEL
Q1 26
1.11×
Q4 25
1.86×
1.15×
Q3 25
1.50×
2.14×
Q2 25
0.84×
1.86×
Q1 25
0.97×
50.23×
Q4 24
0.70×
1.66×
Q3 24
1.51×
3.78×
Q2 24
1.00×
1.76×

Financial Flow Comparison

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

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