Braemar Hotels & Resorts financials
$1.660.00%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $704.0M | $728.4M | $739.3M | $669.6M | $427.5M | $227.0M | $487.6M | $431.4M |
| Gross profit | $211.8M | $226.7M | $238.2M | $224.1M | $140.5M | $37.0M | $164.0M | $158.8M |
| Gross margin | 30.1% | 31.1% | 32.2% | 33.5% | 32.9% | 16.3% | 33.6% | 36.8% |
| Operating income | -$12.0M | $40.6M | $62.0M | $68.4M | $753.0K | -$79.9M | $64.4M | $50.1M |
| Net income | -$72.7M | -$50.9M | -$74.0M | -$10.7M | -$40.0M | -$115.3M | -$10.4M | -$6.1M |
| Net margin | −10.3% | −7.0% | −10.0% | −1.6% | −9.4% | −50.8% | −2.1% | −1.4% |
| Diluted EPS | $-1.07 | $-0.77 | $-1.13 | $-0.15 | $-0.76 | $-3.39 | $-0.32 | $-0.19 |
| EBITDA | $135.1M | $139.3M | $155.2M | $146.9M | $74.1M | -$15.8M | $110.7M | $108.7M |
| Operating cash flow | $40.8M | $66.8M | $84.7M | $109.5M | $64.0M | -$50.3M | $66.3M | $70.7M |
| Free cash flow | -$42.6M | -$3.8M | $7.6M | $60.3M | $20.7M | -$75.8M | -$70.0M | -$6.8M |
| Diluted shares | 67.6M | 66.5M | 66.0M | 69.7M | 52.7M | 34.0M | 32.3M | 31.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $124.4M | $135.5M | $85.6M | $261.5M | $216.0M | $78.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.10B | $1.21B | $1.16B | $1.33B | $1.17B | $1.13B |
| Total assets | $1.86B | $2.14B | $2.23B | $2.40B | $1.88B | $1.67B |
| Total liabilities | $1.34B | $1.41B | $1.41B | $1.57B | $1.36B | $1.28B |
| Shareholders' equity | $140.8M | $589.9M | $298.0M | $393.8M | $487.8M | $368.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology