MAR
Market read
The latest filing evidence is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
Invalidation: The isolated read changes if MAR's group or a disclosed connection begins moving with it.
Research brief
The latest filing evidence is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 5 directly disclosed connections are confirming.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“2025 Gains and other income, net $ 11 $ 5 $ 6 120 % $ 14 $ 3 $ 11 367 % Interest expense (221) (203) (18) (9) % (435) (395) (40) (10) % Interest income 20 12 8 67 % 30 21 9 43 % Equity in earnings 5 4 1 25 % — 5 (5) (100) % Interest expense increased in the 2…”10-Q · Aug 3, 2026 ↗
“In the U.S.”10-Q · Aug 3, 2026 ↗
“20 Table of Contents U.S.”10-Q · Aug 3, 2026 ↗
“In Greater China, RevPAR increased 0.4 percent, reflecting softness in macro-economic conditions during the year.”10-K · Feb 10, 2026 ↗
Valuation discipline
Price/sales 3.4× · EV/sales 3.4×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for MAR. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
10-Q filed 2026-05-06 against the comparable filing from 2025-05-06.
“2025 Gains (losses) and other income, net $ 3 $ (2) $ 5 250 % Interest expense (214) (192) (22) (11) % Interest income 10 9 1 11 % Equity in (losses) earnings (5) 1 (6) (600) % Interest expense increased in the 2026 first quarter primarily due to higher debt balances driven by Senior Notes issuances, net of maturities ($28 million).”
“The increase was partially offset by $ 870 million of revenue recognized in the 2026 first quarter, that was deferred as of December 31, 2025.”
“Sources and Uses of Cash Cash, cash equivalents, and restricted cash totaled $468 million at March 31, 2026, an increase of $97 million from year-end 2025, primarily due to long-term debt issuances, net of repayments ($1,422 million) and net cash provided by operating activities ($858 million), partially offset by net commercial paper repayments ($1,085 million), share repurchases ($700 million), dividends paid ($178 million), capital and technology expenditures ($130 million), and financing outflows for employee stock-based compensation withholding taxes ($124 million).”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“In the U.S., we have multi-year agreements with JPMorgan Chase and American Express.”
“In the U.S., we have multi-year agreements with JPMorgan Chase and American Express.”
“We encounter strong competition in the short-term lodging market from regional, national, and international chains that operate lodging properties or franchise their brands, lodging properties that are not affiliated with a chain, and online platforms, includ…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
MAR is currently a Leader in the organic co-movement group Lodging. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
No durable theme membership has been observed for this name yet.