vs

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

Visa Inc. is the larger business by last-quarter revenue ($11.2B vs $6.7B, roughly 1.7× Marriott International). Visa Inc. runs the higher net margin — 53.4% vs 6.7%, a 46.8% gap on every dollar of revenue. On growth, Visa Inc. posted the faster year-over-year revenue change (17.0% vs 4.1%). Over the past eight quarters, Visa Inc.'s revenue compounded faster (12.3% 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.

Visa Inc. is an American multinational payment card services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards.

MAR vs V — Head-to-Head

Bigger by revenue
V
V
1.7× larger
V
$11.2B
$6.7B
MAR
Growing faster (revenue YoY)
V
V
+12.9% gap
V
17.0%
4.1%
MAR
Higher net margin
V
V
46.8% more per $
V
53.4%
6.7%
MAR
Faster 2-yr revenue CAGR
V
V
Annualised
V
12.3%
5.8%
MAR

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MAR
MAR
V
V
Revenue
$6.7B
$11.2B
Net Profit
$445.0M
$6.0B
Gross Margin
Operating Margin
11.6%
64.4%
Net Margin
6.7%
53.4%
Revenue YoY
4.1%
17.0%
Net Profit YoY
-2.2%
32.0%
EPS (diluted)
$1.67

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
V
V
Q2 26
$11.2B
Q4 25
$6.7B
$10.9B
Q3 25
$6.5B
$10.7B
Q2 25
$6.7B
$10.2B
Q1 25
$6.3B
$9.6B
Q4 24
$6.4B
$9.5B
Q3 24
$6.3B
$9.6B
Q2 24
$6.4B
$8.9B
Net Profit
MAR
MAR
V
V
Q2 26
$6.0B
Q4 25
$445.0M
$5.9B
Q3 25
$728.0M
$5.1B
Q2 25
$763.0M
$5.3B
Q1 25
$665.0M
$4.6B
Q4 24
$455.0M
$5.1B
Q3 24
$584.0M
$5.3B
Q2 24
$772.0M
$4.9B
Operating Margin
MAR
MAR
V
V
Q2 26
64.4%
Q4 25
11.6%
61.8%
Q3 25
18.2%
57.3%
Q2 25
18.3%
60.7%
Q1 25
15.1%
56.6%
Q4 24
11.7%
65.6%
Q3 24
15.1%
66.0%
Q2 24
18.6%
66.7%
Net Margin
MAR
MAR
V
V
Q2 26
53.4%
Q4 25
6.7%
53.7%
Q3 25
11.2%
47.5%
Q2 25
11.3%
51.8%
Q1 25
10.6%
47.7%
Q4 24
7.1%
53.8%
Q3 24
9.3%
55.3%
Q2 24
12.0%
54.7%
EPS (diluted)
MAR
MAR
V
V
Q2 26
Q4 25
$1.67
Q3 25
$2.67
Q2 25
$2.78
Q1 25
$2.39
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
V
V
Cash + ST InvestmentsLiquidity on hand
$358.0M
$12.4B
Total DebtLower is stronger
$15.0B
$22.4B
Stockholders' EquityBook value
$-3.8B
$35.7B
Total Assets
$27.5B
$95.0B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAR
MAR
V
V
Q2 26
$12.4B
Q4 25
$358.0M
$14.8B
Q3 25
$678.0M
$17.2B
Q2 25
$671.0M
$17.1B
Q1 25
$523.0M
$11.7B
Q4 24
$396.0M
$12.4B
Q3 24
$394.0M
$12.0B
Q2 24
$349.0M
$12.9B
Total Debt
MAR
MAR
V
V
Q2 26
$22.4B
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
V
V
Q2 26
$35.7B
Q4 25
$-3.8B
$38.8B
Q3 25
$-3.1B
$37.9B
Q2 25
$-3.0B
$38.7B
Q1 25
$-3.2B
$38.0B
Q4 24
$-3.0B
$38.3B
Q3 24
$-2.4B
$39.1B
Q2 24
$-2.1B
$39.7B
Total Assets
MAR
MAR
V
V
Q2 26
$95.0B
Q4 25
$27.5B
$96.8B
Q3 25
$27.8B
$99.6B
Q2 25
$27.3B
$100.0B
Q1 25
$26.7B
$92.9B
Q4 24
$26.2B
$91.9B
Q3 24
$26.2B
$94.5B
Q2 24
$25.7B
$91.0B
Debt / Equity
MAR
MAR
V
V
Q2 26
0.63×
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
V
V
Operating Cash FlowLast quarter
$829.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAR
MAR
V
V
Q2 26
Q4 25
$829.0M
$6.8B
Q3 25
$1.1B
$6.2B
Q2 25
$643.0M
$6.7B
Q1 25
$647.0M
$4.7B
Q4 24
$318.0M
$5.4B
Q3 24
$880.0M
$6.7B
Q2 24
$772.0M
$5.1B
Free Cash Flow
MAR
MAR
V
V
Q2 26
Q4 25
$6.4B
Q3 25
$951.0M
$5.8B
Q2 25
$488.0M
$6.3B
Q1 25
$512.0M
$4.4B
Q4 24
$-24.0M
$5.1B
Q3 24
$706.0M
$6.4B
Q2 24
$647.0M
$4.7B
FCF Margin
MAR
MAR
V
V
Q2 26
Q4 25
58.7%
Q3 25
14.7%
54.5%
Q2 25
7.2%
62.0%
Q1 25
8.2%
45.5%
Q4 24
-0.4%
53.1%
Q3 24
11.3%
66.1%
Q2 24
10.0%
53.2%
Capex Intensity
MAR
MAR
V
V
Q2 26
Q4 25
3.5%
Q3 25
2.2%
3.6%
Q2 25
2.3%
4.1%
Q1 25
2.2%
3.4%
Q4 24
5.3%
3.6%
Q3 24
2.8%
3.2%
Q2 24
1.9%
4.5%
Cash Conversion
MAR
MAR
V
V
Q2 26
Q4 25
1.86×
1.16×
Q3 25
1.50×
1.23×
Q2 25
0.84×
1.28×
Q1 25
0.97×
1.03×
Q4 24
0.70×
1.05×
Q3 24
1.51×
1.25×
Q2 24
1.00×
1.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAR
MAR

Segment breakdown not available.

V
V

Data processing revenue$5.5B49%
International transaction revenue$3.6B32%
Other revenue$1.3B12%
Other$736.0M7%

Related Comparisons