Chatham Lodging Trust (CLDT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.11	$0.13	+18.2%	—	$87.8M	—
Q1 26	-$0.18	-$0.13	+27.8%	—	$67.5M	—
Q4 25	-$0.14	$0.05	+135.7%	—	$67.7M	—
Q2 25	$0.06	$0.07	+16.7%	—	$80.3M	—
Q1 25	-$0.07	-$0.01	+85.7%	—	$68.6M	—
Q4 24	-$0.14	-$0.08	+42.9%	—	$75.1M	—
Q3 24	$0.03	$0.05	+66.7%	—	$87.2M	—
Q2 24	$0.06	$0.1	+66.7%	—	$86.5M	—
Q1 24	-$0.16	-$0.15	+6.3%	—	$68.4M	—
Q4 23	-$0.16	-$0.23	-43.8%	—	$72.3M	—
Q3 23	$0.09	$0.11	+22.2%	—	$86.7M	—
Q2 23	$0.09	$0.15	+66.7%	—	$84.5M	—
Q1 23	-$0.17	-$0.13	+23.5%	—	$67.6M	—
Q4 22	-$0.13	-$0.08	+38.5%	—	$70.3M	—
Q3 22	$0.06	$0.21	+250.0%	—	$87.9M	—
Q2 22	$0.01	$0.15	+1400.0%	—	$81.8M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.14	—	—	$295.1M	—
FY24	—	-$0.08	—	—	$317.2M	—
FY23	—	-$0.11	—	—	$311.1M	—
FY22	—	$0.04	—	—	$294.9M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$295.9M	$301.8M	$324.2M	$328.3M	$144.9M	$204M	$294.9M	$311.1M	$317.2M	$295.1M
YoY change	+6.83%	+2.02%	+7.42%	+1.26%	-55.9%	+40.8%	+44.6%	+5.51%	+1.96%	-6.98%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	295.9M	301.8M	324.2M	328.3M	144.9M	204M	294.9M	311.1M	317.2M	295.1M
Cost of revenue	176.5M	182.5M	200M	204.6M	122.6M	144.8M	183.3M	200.2M	206M	192.2M
Gross profit	119.3M	119.3M	124.2M	123.7M	22.3M	59.1M	111.6M	110.9M	111.2M	102.9M
Gross margin	40.3%	39.5%	38.3%	37.7%	15.4%	29%	37.8%	35.7%	35.1%	34.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	11.1M	12.8M	14.1M	14.1M	11.6M	15.8M	17.3M	17.5M	18.4M	16.6M
Operating expenses	11.6M	13.3M	17.9M	14.1M	11.6M	16.5M	18M	19.8M	18.7M	16.6M
Operating income	59.4M	60.2M	62M	58.1M	-43.1M	-11.6M	34.2M	32.9M	31.8M	26.5M
Operating margin	20.1%	20%	19.1%	17.7%	-29.7%	-5.66%	11.6%	10.6%	10%	8.98%
Non-operating income, net	194K	-2.3M	-4.7M	-11.2M	-6M	16.9M	2.1M	-4.8M	1.4M	14.2M
Pretax income	31.4M	30.1M	30.8M	18.9M	-77M	-18.8M	9.9M	2.5M	4M	15.3M
Income tax	-301K	396K	-28K	0	0	0	0	0	0	0
Net income	31.7M	29.7M	30.9M	18.9M	-77M	-18.8M	9.9M	2.5M	4M	15.3M
Net margin	10.7%	9.83%	9.52%	5.75%	-53.1%	-9.24%	3.35%	0.8%	1.27%	5.19%
EBITDA	106.7M	107.6M	105.9M	101.9M	-2M	40.3M	92.9M	91.4M	92.8M	85M
EPS	0.82	0.73	0.66	0.39	-1.62	-0.46	0.04	-0.11	-0.08	0.14
Diluted EPS	0.81	0.73	0.66	0.39	-1.62	-0.46	0.04	-0.11	-0.08	0.14

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	86.7M	72.3M	68.4M	86.5M	87.2M	75.1M	68.6M	80.3M	78.4M	67.7M	67.5M	87.8M
Cost of revenue	54M	49.5M	47.4M	52.8M	55M	50.8M	47.8M	49.4M	49.6M	45.4M	46.1M	52.1M
Gross profit	32.8M	22.8M	21M	33.7M	32.2M	24.3M	20.8M	30.9M	28.8M	22.4M	21.4M	35.7M
Gross margin	37.8%	31.5%	30.7%	38.9%	36.9%	32.4%	30.4%	38.5%	36.7%	33%	31.7%	40.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	4.2M	4.3M	4.6M	4.6M	4.4M	4.8M	4.6M	4M	4.1M	3.8M	4.6M	4.6M
Operating expenses	4.2M	6.6M	4.6M	4.7M	4.4M	5M	4.6M	4M	4.2M	3.9M	5.1M	4.6M
Operating income	13.9M	1.5M	1.1M	14.1M	12.5M	4M	1.2M	11.5M	9.9M	3.9M	1.5M	15.4M
Operating margin	16%	2.11%	1.65%	16.3%	14.4%	5.38%	1.73%	14.3%	12.6%	5.79%	2.25%	17.5%
Non-operating income, net	-4K	-4.3M	-152K	-5K	-14K	1.6M	7.1M	350K	-135K	6.9M	122K	10K
Pretax income	7.5M	-9.3M	-5.5M	7M	4.3M	-1.9M	1.5M	5.5M	3.6M	4.7M	-4.5M	8.5M
Income tax	0	0	0	0	0	0	0	0	0	0	62K	62K
Net income	7.5M	-9.3M	-5.5M	7M	4.3M	-1.9M	1.5M	5.5M	3.6M	4.7M	-4.5M	8.5M
Net margin	8.65%	-12.9%	-8.01%	8.13%	4.98%	-2.47%	2.21%	6.85%	4.57%	6.95%	-6.73%	9.63%
EBITDA	28.7M	16.7M	16.9M	29.3M	27.5M	19M	15.9M	26.6M	24.3M	18.2M	15.9M	30.7M
EPS	0.11	-0.23	-0.15	0.1	0.05	-0.08	-0.01	0.07	0.03	0.05	-0.13	0.13
Diluted EPS	0.11	-0.23	-0.15	0.1	0.05	-0.08	-0.01	0.07	0.03	0.05	-0.13	0.13

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	787M	907.2M	—	858.1M	507.2M	663.3M	598.7M	523.6M	437.7M	332.3M	654.2M
Enterprise value	1.4B	1.5B	—	1.6B	1.3B	1.2B	1.1B	960.4M	955M	666.8M	1.1B
Shares outstanding	38.3M	39.9M	46.1M	46.8M	47M	48.3M	48.8M	48.8M	48.9M	48.8M	48.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	24.8	30.6	—	45.5	—	—	60.7	210.5	108.5	21.7	166.9
P/S	2.66	3.01	—	2.61	3.5	3.25	2.03	1.68	1.38	1.13	2.18
P/B	1.15	1.12	—	1.11	0.73	0.81	0.73	0.65	0.55	0.43	0.86
EV/EBITDA	13.2	13.6	—	15.2	-626.4	30.1	11.5	10.5	10.3	7.84	12
EV/Sales	4.77	4.86	—	4.72	8.65	5.94	3.61	3.09	3.01	2.26	3.61
Earnings yield	4.03%	3.27%	—	2.2%	—	—	1.65%	0.48%	0.92%	4.61%	0.6%
FCF yield	11.1%	9.56%	—	10%	-3.94%	4.34%	11.9%	14.6%	16.7%	19.3%	11.7%
PEG	—	—	—	—	—	—	—	—	—	—	1.95

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	40.3%	39.5%	38.3%	37.7%	15.4%	29%	37.8%	35.7%	35.1%	34.9%	40.7%
Operating margin	20.1%	20%	19.1%	17.7%	-29.7%	-5.66%	11.6%	10.6%	10%	8.98%	17.6%
Net margin	10.7%	9.83%	9.52%	5.75%	-53.1%	-9.24%	3.35%	0.8%	1.27%	5.19%	4.01%
ROE	4.65%	3.67%	3.82%	2.44%	-11.1%	-2.31%	1.21%	0.31%	0.51%	1.97%	1.57%
ROA	2.43%	2.13%	2.14%	1.31%	-5.62%	-1.34%	0.73%	0.19%	0.32%	1.31%	1.58%
ROIC	4.56%	4.34%	4.23%	3.96%	-3%	-0.85%	2.66%	2.65%	2.43%	2.38%	2.57%
Return on tangible assets	2.43%	2.13%	2.14%	1.31%	-5.62%	-1.34%	0.73%	0.19%	0.32%	1.31%	0.99%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.08	0.92	0.75	0.46	0.72	0.33	1.49	2.6	0.93	1.06	0.77
Quick ratio	1.08	0.92	0.75	0.46	0.72	0.33	1.49	2.6	0.93	1.06	0.54
Debt / equity	0.93	0.7	0.82	0.9	1.11	0.7	0.6	0.63	0.68	0.46	0.57
Debt / assets	0.49	0.41	0.46	0.49	0.56	0.4	0.37	0.38	0.43	0.31	0.35
Net debt / EBITDA	5.84	5.21	6.21	6.8	-372.9	13.6	5.01	4.78	5.57	3.93	4.75
Interest coverage	2.18	2.08	2.15	1.67	-1.85	0.18	1.38	1.1	1.14	1.63	1.52
Effective tax rate	0%	1.32%	0%	0%	0%	0%	0%	0%	0%	0%	1.01%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	7.73	7.57	7.04	7.02	3.09	4.22	6.04	6.37	6.49	6.05	6.29
EPS (basic)	0.82	0.73	0.66	0.39	-1.62	-0.46	0.04	-0.11	-0.08	0.14	0.14
EPS (diluted)	0.81	0.73	0.66	0.39	-1.62	-0.46	0.04	-0.11	-0.08	0.14	0.08
Book value per share	17.8	20.3	17.5	16.6	14.7	16.8	16.8	16.5	16.2	15.9	15.5
FCF per share	2.29	2.17	1.87	1.84	-0.43	0.6	1.47	1.56	1.5	1.31	1.6
Cash per share	0.32	0.23	0.16	0.14	0.45	0.4	0.54	1.39	0.41	0.5	0.24
Capex per share	0.59	3.91	2.2	—	—	—	—	—	—	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	7.6%	51.7%	31.3%	—	—	—	—	—	—	—	—
Capex / operating cash flow	26.8%	194.4%	121.6%	—	—	—	—	—	—	—	—
Payout ratio	167.1%	177.3%	199.5%	331.9%	-21.1%	-13.8%	82%	890.8%	553.4%	166.9%	475%
Dividend yield	6.73%	5.8%	—	7.3%	3.2%	0.39%	1.35%	4.23%	5.1%	7.69%	3%

Yield

trailing twelve months

Frequency

Quarterly

Last dividend

$0.10

ex-dividend Jun 30, 2026

Payout ratio

475%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 30, 2026	$0.10
Mar 31, 2026	$0.10
Dec 31, 2025	$0.09

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$86.7M	$72.3M	$68.4M	$86.5M	$87.2M	$75.1M	$68.6M	$80.3M	$78.4M	$67.7M	$67.5M	$87.8M
YoY change	-1.3%	+2.78%	+1.23%	+2.37%	+0.5%	+3.92%	+0.28%	-7.15%	-10.1%	-9.81%	-1.65%	+9.35%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	12.1M	9.3M	7.2M	6.6M	21.1M	19.2M	26.3M	68.1M	20.2M	24.4M
Receivables	4.4M	4M	4.5M	4.6M	1.7M	3M	5.2M	4.4M	2.9M	2.8M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	41.6M	40.5M	36.8M	24.8M	33.1M	32.9M	50.3M	90.1M	32.8M	35.5M
Property, plant & equipment	-97.4M	-124.7M	-162.6M	21.3M	20M	20M	19.3M	18.1M	17.5M	16.9M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	1.3B	1.4B	1.4B	1.4B	1.4B	1.4B	1.3B	1.3B	1.3B	1.2B
Accounts payable	27.8M	31.7M	33.7M	33M	25.4M	27.7M	28.5M	29.3M	29.6M	26.6M
Short-term debt	52.5M	32M	81.5M	90M	135.3M	70M	—	—	110M	—
Total current liabilities	38.5M	44.1M	49M	54.4M	45.8M	99.5M	33.7M	34.7M	35.2M	33.4M
Long-term debt	582.8M	538.3M	583.3M	609.2M	632M	497M	492M	504.9M	427.5M	359M
Total liabilities	621.4M	582.4M	632.3M	663.5M	677.8M	596.5M	525.7M	539.6M	462.7M	392.3M
Shareholders' equity	681.6M	809.8M	807.4M	775M	692.5M	814.2M	818M	804.4M	792M	778M
Total debt	635.3M	570.3M	664.8M	699.2M	767.3M	567M	492M	504.9M	537.5M	359M
Net debt	623.2M	561M	657.6M	692.6M	746.2M	547.8M	465.7M	436.8M	517.3M	334.5M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	71.6M	68.1M	72.3M	10.6M	19.3M	20.2M	18.6M	17.2M	13.2M	24.4M	13.7M	11.3M
Receivables	5.2M	4.4M	3.7M	4.2M	4.4M	2.9M	3.1M	4.7M	3.9M	2.8M	2.8M	3M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	95.2M	90.1M	95.2M	29.9M	33.2M	32.8M	28.3M	28.9M	25.3M	35.5M	22.1M	20.7M
Property, plant & equipment	18.3M	18.1M	18M	17.8M	17.7M	17.5M	17.4M	17.2M	17.1M	16.9M	16.7M	16.6M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B
Accounts payable	35.8M	29.3M	29.3M	28.5M	34.6M	29.6M	29.3M	27.1M	31.3M	26.6M	30.3M	31.1M
Short-term debt	—	—	—	120M	—	110M	100M	—	—	—	—	—
Total current liabilities	41.2M	34.7M	34.7M	153.9M	40.1M	35.2M	135.9M	33.8M	38M	33.4M	37.4M	38.2M
Long-term debt	507M	504.9M	503.3M	350.6M	456.7M	427.5M	301.6M	371.6M	359.1M	359M	444M	434.1M
Total liabilities	548.1M	539.6M	538M	504.6M	496.9M	462.7M	437.4M	405.4M	397.1M	392.3M	481.4M	472.3M
Shareholders' equity	817.8M	804.4M	795M	797.9M	798.1M	792M	788.9M	789M	785.5M	778M	761.9M	761.9M
Total debt	507M	504.9M	503.3M	470.6M	456.7M	537.5M	401.6M	371.6M	359.1M	359M	444M	434.1M
Net debt	435.3M	436.8M	431M	460.1M	437.4M	517.3M	383M	354.4M	345.8M	334.5M	430.3M	422.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	31.7M	29.7M	30.9M	18.9M	-77M	-18.8M	9.9M	2.5M	4M	15.3M
Depreciation & amortization	48.6M	46.1M	47.9M	51.3M	53.6M	54M	59.1M	58M	60.5M	59.6M
Stock-based compensation	3M	3.8M	4.2M	4.7M	4.9M	4.8M	5.6M	6.1M	6.4M	6.3M
Change in working capital	-47K	-582K	-680K	103K	3.1M	-1.5M	-2.3M	722K	1.5M	-999K
Operating cash flow	84.1M	80.2M	83.4M	76.1M	-13.9M	40.5M	74M	68.6M	74M	64.1M
Capital expenditure	-22.5M	-155.9M	-101.4M	—	—	—	—	—	—	—
Investing cash flow	-28.3M	-168.2M	-101.4M	0	0	2.8M	400K	0	—	—
Dividends paid	-53M	-52.6M	-61.6M	-62.7M	-16.2M	-2.6M	-8.1M	-22.2M	-22.3M	-25.6M
Share repurchases	0	—	—	—	—	—	—	—	—	-9M
Financing cash flow	-132M	50.7M	-93.5M	-119.8M	-36.3M	-83.7M	-196.2M	-7.7M	-100.6M	-106.6M
Net change in cash	-76.3M	-37.4M	-111.5M	-43.7M	-50.2M	-40.4M	-121.8M	60.9M	-26.5M	-42.6M
Free cash flow	87.7M	86.7M	86.2M	86.2M	-20M	28.8M	71.5M	76.4M	73.1M	64M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	3.6M	4.7M	-4.5M	8.4M
Depreciation & amortization	—	—	—	—	—	—	—	—	14.7M	14.6M	14.7M	15.7M
Stock-based compensation	—	—	—	—	—	—	—	—	1.5M	1.5M	1.5M	1.5M
Change in working capital	—	—	—	—	—	—	—	—	751K	-143K	66K	-186K
Operating cash flow	—	—	—	—	—	—	—	—	25.6M	12.3M	13.3M	25.6M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	—	—	—	—	—	—	—	—	—	—	—	—
Dividends paid	—	—	—	—	—	—	—	—	-6.6M	-6.6M	-6.5M	-7M
Share repurchases	—	—	—	—	—	—	—	—	-1.8M	-7M	-6.6M	-2.8M
Financing cash flow	—	—	—	—	—	—	—	—	-18.5M	-13.9M	71.8M	-19.8M
Net change in cash	—	—	—	—	—	—	—	—	7.1M	-1.7M	85.2M	5.8M
Free cash flow	—	—	—	—	—	—	—	—	25.5M	12.3M	13.3M	25.6M

Chatham Lodging Trust Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement