Stock Analysis on Net
Stock Analysis on Net

Marriott International Inc. (NASDAQ:MAR)

この会社は アーカイブに移されました! 財務データは2020年5月11日以降更新されていません。

デュポン分析: ROE、ROA、純利益率の内訳 
四半期データ

Microsoft Excel

ROE分解では、純利益を株主資本で割ったものを構成比率の積として表します。

ROEを2つのコンポーネントに分解

Marriott International Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2020/03/31 — = 3.64% × —
2019/12/31 181.08% = 5.08% × 35.63
2019/09/30 156.44% = 5.28% × 29.61
2019/06/30 115.08% = 5.73% × 20.08
2019/03/31 116.16% = 7.52% × 15.44
2018/12/31 85.71% = 8.05% × 10.65
2018/09/30 77.07% = 7.51% × 10.26
2018/06/30 59.13% = 7.05% × 8.39
2018/03/31 40.02% = 5.83% × 6.87
2017/12/31 36.77% = 5.73% × 6.42
2017/09/30 31.36% = 5.84% × 5.37
2017/06/30 22.30% = 4.58% × 4.87
2017/03/31 17.92% = 3.87% × 4.63
2016/12/31 14.56% = 3.23% × 4.51
2016/09/30 12.63% = 2.95% × 4.28
2016/06/30 — = 13.20% × —
2016/03/31 — = 14.23% × —
2015/12/31 — = 14.12% × —
2015/09/30 — = — × —
2015/06/30 — = — × —
2015/03/31 — = — × —

レポートに基づく: 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31), 10-K (報告日: 2016-12-31), 10-Q (報告日: 2016-09-30), 10-Q (報告日: 2016-06-30), 10-Q (報告日: 2016-03-31), 10-K (報告日: 2015-12-31), 10-Q (報告日: 2015-09-30), 10-Q (報告日: 2015-06-30), 10-Q (報告日: 2015-03-31).

ROEを3つの要素に分解

Marriott International Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2020/03/31 — = 4.50% × 0.81 × —
2019/12/31 181.08% = 6.07% × 0.84 × 35.63
2019/09/30 156.44% = 6.28% × 0.84 × 29.61
2019/06/30 115.08% = 6.91% × 0.83 × 20.08
2019/03/31 116.16% = 8.97% × 0.84 × 15.44
2018/12/31 85.71% = 9.19% × 0.88 × 10.65
2018/09/30 77.07% = 8.39% × 0.90 × 10.26
2018/06/30 59.13% = 7.65% × 0.92 × 8.39
2018/03/31 40.02% = 6.39% × 0.91 × 6.87
2017/12/31 36.77% = 5.99% × 0.96 × 6.42
2017/09/30 31.36% = 6.30% × 0.93 × 5.37
2017/06/30 22.30% = 5.27% × 0.87 × 4.87
2017/03/31 17.92% = 4.91% × 0.79 × 4.63
2016/12/31 14.56% = 4.57% × 0.71 × 4.51
2016/09/30 12.63% = 4.82% × 0.61 × 4.28
2016/06/30 — = 5.87% × 2.25 × —
2016/03/31 — = 5.91% × 2.41 × —
2015/12/31 — = 5.93% × 2.38 × —
2015/09/30 — = — × — × —
2015/06/30 — = — × — × —
2015/03/31 — = — × — × —

レポートに基づく: 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31), 10-K (報告日: 2016-12-31), 10-Q (報告日: 2016-09-30), 10-Q (報告日: 2016-06-30), 10-Q (報告日: 2016-03-31), 10-K (報告日: 2015-12-31), 10-Q (報告日: 2015-09-30), 10-Q (報告日: 2015-06-30), 10-Q (報告日: 2015-03-31).

ROEを5つの要素に分解

Marriott International Inc.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 税負担 × 利息負担 × EBITマージン × 資産回転率 × 財務レバレッジ比率
2020/03/31 — = 0.78 × 0.75 × 7.64% × 0.81 × —
2019/12/31 181.08% = 0.80 × 0.80 × 9.50% × 0.84 × 35.63
2019/09/30 156.44% = 0.81 × 0.80 × 9.63% × 0.84 × 29.61
2019/06/30 115.08% = 0.85 × 0.82 × 9.99% × 0.83 × 20.08
2019/03/31 116.16% = 0.83 × 0.86 × 12.56% × 0.84 × 15.44
2018/12/31 85.71% = 0.81 × 0.87 × 12.93% × 0.88 × 10.65
2018/09/30 77.07% = 0.56 × 0.91 × 16.38% × 0.90 × 10.26
2018/06/30 59.13% = 0.53 × 0.91 × 15.80% × 0.92 × 8.39
2018/03/31 40.02% = 0.49 × 0.91 × 14.22% × 0.91 × 6.87
2017/12/31 36.77% = 0.48 × 0.91 × 13.65% × 0.96 × 6.42
2017/09/30 31.36% = 0.69 × 0.88 × 10.37% × 0.93 × 5.37
2017/06/30 22.30% = 0.69 × 0.85 × 8.98% × 0.87 × 4.87
2017/03/31 17.92% = 0.69 × 0.84 × 8.48% × 0.79 × 4.63
2016/12/31 14.56% = 0.66 × 0.83 × 8.31% × 0.71 × 4.51
2016/09/30 12.63% = 0.68 × 0.84 × 8.42% × 0.61 × 4.28
2016/06/30 — = 0.70 × 0.87 × 9.73% × 2.25 × —
2016/03/31 — = 0.68 × 0.88 × 9.85% × 2.41 × —
2015/12/31 — = 0.68 × 0.88 × 9.82% × 2.38 × —
2015/09/30 — = — × — × — × — × —
2015/06/30 — = — × — × — × — × —
2015/03/31 — = — × — × — × — × —

レポートに基づく: 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31), 10-K (報告日: 2016-12-31), 10-Q (報告日: 2016-09-30), 10-Q (報告日: 2016-06-30), 10-Q (報告日: 2016-03-31), 10-K (報告日: 2015-12-31), 10-Q (報告日: 2015-09-30), 10-Q (報告日: 2015-06-30), 10-Q (報告日: 2015-03-31).

ROAを2つのコンポーネントに分解

Marriott International Inc.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2020/03/31 3.64% = 4.50% × 0.81
2019/12/31 5.08% = 6.07% × 0.84
2019/09/30 5.28% = 6.28% × 0.84
2019/06/30 5.73% = 6.91% × 0.83
2019/03/31 7.52% = 8.97% × 0.84
2018/12/31 8.05% = 9.19% × 0.88
2018/09/30 7.51% = 8.39% × 0.90
2018/06/30 7.05% = 7.65% × 0.92
2018/03/31 5.83% = 6.39% × 0.91
2017/12/31 5.73% = 5.99% × 0.96
2017/09/30 5.84% = 6.30% × 0.93
2017/06/30 4.58% = 5.27% × 0.87
2017/03/31 3.87% = 4.91% × 0.79
2016/12/31 3.23% = 4.57% × 0.71
2016/09/30 2.95% = 4.82% × 0.61
2016/06/30 13.20% = 5.87% × 2.25
2016/03/31 14.23% = 5.91% × 2.41
2015/12/31 14.12% = 5.93% × 2.38
2015/09/30 — = — × —
2015/06/30 — = — × —
2015/03/31 — = — × —

レポートに基づく: 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31), 10-K (報告日: 2016-12-31), 10-Q (報告日: 2016-09-30), 10-Q (報告日: 2016-06-30), 10-Q (報告日: 2016-03-31), 10-K (報告日: 2015-12-31), 10-Q (報告日: 2015-09-30), 10-Q (報告日: 2015-06-30), 10-Q (報告日: 2015-03-31).

2020年第1 四半期の総資産利益率(ROA)の低下の主な理由は、純利益率で測定した収益性の低下です。

ROAを4つの要素に分解

Marriott International Inc.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 税負担 × 利息負担 × EBITマージン × 資産回転率
2020/03/31 3.64% = 0.78 × 0.75 × 7.64% × 0.81
2019/12/31 5.08% = 0.80 × 0.80 × 9.50% × 0.84
2019/09/30 5.28% = 0.81 × 0.80 × 9.63% × 0.84
2019/06/30 5.73% = 0.85 × 0.82 × 9.99% × 0.83
2019/03/31 7.52% = 0.83 × 0.86 × 12.56% × 0.84
2018/12/31 8.05% = 0.81 × 0.87 × 12.93% × 0.88
2018/09/30 7.51% = 0.56 × 0.91 × 16.38% × 0.90
2018/06/30 7.05% = 0.53 × 0.91 × 15.80% × 0.92
2018/03/31 5.83% = 0.49 × 0.91 × 14.22% × 0.91
2017/12/31 5.73% = 0.48 × 0.91 × 13.65% × 0.96
2017/09/30 5.84% = 0.69 × 0.88 × 10.37% × 0.93
2017/06/30 4.58% = 0.69 × 0.85 × 8.98% × 0.87
2017/03/31 3.87% = 0.69 × 0.84 × 8.48% × 0.79
2016/12/31 3.23% = 0.66 × 0.83 × 8.31% × 0.71
2016/09/30 2.95% = 0.68 × 0.84 × 8.42% × 0.61
2016/06/30 13.20% = 0.70 × 0.87 × 9.73% × 2.25
2016/03/31 14.23% = 0.68 × 0.88 × 9.85% × 2.41
2015/12/31 14.12% = 0.68 × 0.88 × 9.82% × 2.38
2015/09/30 — = — × — × — × —
2015/06/30 — = — × — × — × —
2015/03/31 — = — × — × — × —

レポートに基づく: 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31), 10-K (報告日: 2016-12-31), 10-Q (報告日: 2016-09-30), 10-Q (報告日: 2016-06-30), 10-Q (報告日: 2016-03-31), 10-K (報告日: 2015-12-31), 10-Q (報告日: 2015-09-30), 10-Q (報告日: 2015-06-30), 10-Q (報告日: 2015-03-31).

2020年第1 四半期の総資産利益率(ROA)が低下した主な理由は、EBITマージン率で測定した営業利益率の低下です。

純利益率の分解

Marriott International Inc.、純利益率の分解(四半期データ)

Microsoft Excel
純利益率 = 税負担 × 利息負担 × EBITマージン
2020/03/31 4.50% = 0.78 × 0.75 × 7.64%
2019/12/31 6.07% = 0.80 × 0.80 × 9.50%
2019/09/30 6.28% = 0.81 × 0.80 × 9.63%
2019/06/30 6.91% = 0.85 × 0.82 × 9.99%
2019/03/31 8.97% = 0.83 × 0.86 × 12.56%
2018/12/31 9.19% = 0.81 × 0.87 × 12.93%
2018/09/30 8.39% = 0.56 × 0.91 × 16.38%
2018/06/30 7.65% = 0.53 × 0.91 × 15.80%
2018/03/31 6.39% = 0.49 × 0.91 × 14.22%
2017/12/31 5.99% = 0.48 × 0.91 × 13.65%
2017/09/30 6.30% = 0.69 × 0.88 × 10.37%
2017/06/30 5.27% = 0.69 × 0.85 × 8.98%
2017/03/31 4.91% = 0.69 × 0.84 × 8.48%
2016/12/31 4.57% = 0.66 × 0.83 × 8.31%
2016/09/30 4.82% = 0.68 × 0.84 × 8.42%
2016/06/30 5.87% = 0.70 × 0.87 × 9.73%
2016/03/31 5.91% = 0.68 × 0.88 × 9.85%
2015/12/31 5.93% = 0.68 × 0.88 × 9.82%
2015/09/30 — = — × — × —
2015/06/30 — = — × — × —
2015/03/31 — = — × — × —

レポートに基づく: 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31), 10-K (報告日: 2018-12-31), 10-Q (報告日: 2018-09-30), 10-Q (報告日: 2018-06-30), 10-Q (報告日: 2018-03-31), 10-K (報告日: 2017-12-31), 10-Q (報告日: 2017-09-30), 10-Q (報告日: 2017-06-30), 10-Q (報告日: 2017-03-31), 10-K (報告日: 2016-12-31), 10-Q (報告日: 2016-09-30), 10-Q (報告日: 2016-06-30), 10-Q (報告日: 2016-03-31), 10-K (報告日: 2015-12-31), 10-Q (報告日: 2015-09-30), 10-Q (報告日: 2015-06-30), 10-Q (報告日: 2015-03-31).

2020年第1 四半期に純利益率が低下した主な理由は、EBITマージン比率で測定した営業利益率の低下です。