Marriott International (MAR) exhibits 45.0% gross margins and 39.2% return on invested capital within Consumer Discretionary (Hotels/Resorts), balanced against a 21.3x enterprise multiple and 4.8% implied options volatility.
Sustained 45.0% gross profitability converts into 15.8% operating margin and 39.2% ROIC, outpacing sector cost of capital.
ROIC: 39.2% // GM: 45.0%YoY revenue trajectory of +4.3% paired with 1.95% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +4.3% // FCF YLD: 1.95%Altman Z-Score of 6.90 and Piotroski F-Score of 8/9 indicate low near-term refinancing stress.
ALTMAN Z: 6.90 // F-SCORE: 8/9Trading at 40.1x trailing P/E (37.3x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 40.1x // EV/EBITDA: 21.3xOptions market prices a ±5.2% implied move with a 0.85 put/call ratio around $399.30 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Hotels/Resorts require continuous execution to defend 9.9% net margins.
NET MARGIN: 9.9% // D/E: 0.85x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for MAR & activate live FRED threshold breach alerts.