DiamondRock Hospitality Company (DRH) 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	$0.22	$0.28	+27.3%	—	$318.3M	—
Q1 26	$0.04	$0.07	+75.0%	—	$258.2M	—
Q4 25	$0.07	$0.12	+71.4%	—	$274.5M	—
Q3 25	$0.09	$0.13	+44.4%	—	$285.4M	—
Q2 25	$0.19	$0.18	-5.3%	—	$305.7M	—
Q1 25	$0.05	$0.04	-20.0%	—	$254.9M	—
Q4 24	$0.07	$0.09	+28.6%	—	$279.1M	—
Q3 24	$0.12	$0.12	0.0%	—	$285.1M	—
Q2 24	$0.17	$0.1	-41.2%	—	$309.3M	—
Q1 24	$0.03	$0.03	0.0%	—	$256.4M	—
Q4 23	$0.03	$0.04	+33.3%	—	$263.5M	—
Q3 23	$0.09	$0.12	+33.3%	—	$276.5M	—
Q2 23	$0.18	$0.17	-5.6%	—	$291.2M	—
Q1 23	$0.04	$0.03	-25.0%	—	$243.6M	—
Q4 22	$0.11	$0.07	-36.4%	—	$255.1M	—
Q3 22	$0.14	$0.12	-14.3%	—	$268.2M	—

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	—	$0.44	—	—	$1.1B	—
FY24	—	$0.18	—	—	$1.1B	—
FY23	—	$0.36	—	—	$1.1B	—
FY22	—	$0.47	—	—	$1B

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	$896.6M	$870M	$863.7M	$938.1M	$299.5M	$567.1M	$1B	$1.1B	$1.1B	$1.1B
YoY change	-3.7%	-2.96%	-0.72%	+8.61%	-68.1%	+89.4%	+76.6%	+7.33%	+5.12%	-0.83%

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	896.6M	870M	863.7M	938.1M	299.5M	567.1M	1B	1.1B	1.1B	1.1B
Cost of revenue	587.9M	557.3M	573.3M	638.4M	340.6M	285M	430.4M	484.5M	511.9M	502.1M
Gross profit	308.7M	312.7M	290.4M	299.7M	-41.1M	282.1M	571.1M	590.4M	617.9M	618.3M
Gross margin	34.4%	35.9%	33.6%	32%	-13.7%	49.7%	57%	54.9%	54.7%	55.2%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	55.9M	55.2M	54.8M	55.6M	6.9M	44.6M	25.4M	—	—	—
Operating expenses	55.9M	79.2M	81M	82.6M	44.4M	253.8M	323.6M	329.3M	361.2M	343.5M
Operating income	155.3M	134.4M	104.8M	99M	-200.3M	-30.1M	164.1M	149.8M	143.2M	161.8M
Operating margin	17.3%	15.4%	12.1%	10.6%	-66.9%	-5.3%	16.4%	13.9%	12.7%	14.4%
Non-operating income, net	12.8M	4.3M	25.2M	152.6M	-168.8M	-126M	-12.1M	-294K	-32.6M	-5.3M
Pretax income	127.2M	102.1M	90.9M	206.2M	-422.5M	-192.1M	112.3M	87M	49.8M	100.7M
Income tax	12.4M	10.2M	3.1M	22M	-26.5M	3.3M	2.6M	317K	1.5M	-1.2M
Net income	114.8M	91.9M	87.8M	184.2M	-396M	-195.4M	109.7M	86.6M	48.3M	101.9M
Net margin	12.8%	10.6%	10.2%	19.6%	-132.2%	-34.5%	11%	8.06%	4.27%	9.1%
EBITDA	255.7M	242M	215.5M	220.5M	-81.9M	73.9M	273M	263.6M	263.1M	281.6M
EPS	0.57	0.46	0.43	0.91	-1.97	-0.96	0.47	0.36	0.18	0.44
Diluted EPS	0.57	0.46	0.43	0.9	-1.97	-0.96	0.47	0.36	0.18	0.44

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	276.5M	263.5M	256.4M	309.3M	285.1M	279.1M	254.9M	305.7M	285.4M	274.5M	258.2M	318.3M
Cost of revenue	124.2M	123M	123.1M	133.5M	127.1M	128.2M	120.2M	133.2M	125.8M	123M	117.7M	124.5M
Gross profit	152.3M	140.6M	133.3M	175.8M	158M	150.8M	134.7M	172.5M	159.6M	151.6M	140.4M	193.7M
Gross margin	55.1%	53.3%	52%	56.8%	55.4%	54%	52.8%	56.4%	55.9%	55.2%	54.4%	60.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	7.3M	—	—	—	—	—	—	—	—	—	—	—
Operating expenses	89.7M	85.9M	82.5M	106.9M	85.1M	86.6M	82M	88.2M	86.4M	86.8M	83.3M	91.6M
Operating income	42.2M	26.4M	22.4M	41M	44.6M	35.1M	24.8M	56.1M	44.8M	36M	28.6M	73.3M
Operating margin	15.3%	10%	8.75%	13.3%	15.6%	12.6%	9.72%	18.4%	15.7%	13.1%	11.1%	23%
Non-operating income, net	537K	2M	—	—	-1.6M	-31M	-461K	—	-7.4M	3M	-472K	31.6M
Pretax income	27.6M	10.9M	7.3M	26M	27M	-10.5M	11.1M	42M	23.1M	24.5M	14.6M	92.4M
Income tax	224K	-103K	-1.1M	1.4M	418K	845K	-842K	991K	469K	-1.8M	46K	1.7M
Net income	27.3M	11M	8.4M	24.6M	26.6M	-11.3M	11.9M	41M	22.6M	26.4M	14.5M	90.8M
Net margin	9.88%	4.17%	3.26%	7.96%	9.31%	-4.05%	4.68%	13.4%	7.93%	9.6%	5.63%	28.5%
EBITDA	70.2M	57.1M	51.3M	69.6M	73.4M	68.8M	53.6M	84.5M	75M	68.5M	57.4M	103.5M
EPS	0.12	0.04	0.03	0.1	0.11	-0.07	0.05	0.19	0.1	0.12	0.07	0.44
Diluted EPS	0.12	0.04	0.03	0.1	0.11	-0.07	0.04	0.18	0.1	0.12	0.07	0.44

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	2.3B	2.3B	1.9B	2.2B	1.7B	2B	1.7B	2B	1.9B	1.8B	2.6B
Enterprise value	3.1B	3.3B	3.1B	3.4B	2.7B	3.2B	3B	3.2B	3B	3B	3.7B
Shares outstanding	201.1M	200.8M	205.5M	202M	201.7M	212.1M	212.4M	211.5M	210.3M	206.2M	206.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	20.2	24.7	21.2	12.2	—	—	15.9	22.9	39.4	18.1	17.3
P/S	2.59	2.61	2.16	2.39	5.56	3.59	1.74	1.85	1.68	1.65	2.26
P/B	1.26	1.24	0.99	1.17	0.97	1.34	1.09	1.2	1.19	1.27	1.68
EV/EBITDA	12.1	13.7	14.6	15.3	-33.1	43	10.9	12	11.4	10.5	12.2
EV/Sales	3.45	3.82	3.64	3.61	9.03	5.6	2.96	2.93	2.65	2.65	3.21
Earnings yield	4.95%	4.05%	4.71%	8.23%	—	—	6.31%	4.36%	2.54%	5.52%	5.76%
FCF yield	4.86%	4.58%	5.49%	-0.27%	-10.4%	-13.5%	-2.49%	5.97%	5.91%	8.77%	2.93%
PEG	—	—	—	—	—	—	—	—	—	—	0.13

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	34.4%	35.9%	33.6%	32%	-13.7%	49.7%	57%	54.9%	54.7%	55.2%	60.9%
Operating margin	17.3%	15.4%	12.1%	10.6%	-66.9%	-5.3%	16.4%	13.9%	12.7%	14.4%	23%
Net margin	12.8%	10.6%	10.2%	19.6%	-132.2%	-34.5%	11%	8.06%	4.27%	9.1%	13.5%
ROE	6.25%	5.01%	4.64%	9.59%	-23%	-12.8%	6.87%	5.25%	3.02%	7%	9.91%
ROA	3.76%	2.96%	2.75%	5.38%	-12.6%	-6.59%	3.42%	2.68%	1.52%	3.39%	3.81%
ROIC	5.36%	4.19%	3.19%	2.88%	-7.25%	-1.13%	5.67%	5.3%	5.14%	6.28%	6.97%
Return on tangible assets	3.81%	3.01%	2.86%	5.38%	-12.6%	-6.59%	3.42%	2.68%	1.52%	3.39%	5.03%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.25	0.94	0.54	0.87	0.62	0.55	0.9	1.04	0.94	0.67	5.59
Quick ratio	1.25	0.94	0.54	0.87	0.62	0.55	0.9	1.04	0.94	0.67	0.98
Debt / equity	0.56	0.67	0.7	0.66	0.67	0.77	0.81	0.78	0.74	0.81	0.78
Debt / assets	0.33	0.4	0.41	0.37	0.37	0.4	0.4	0.4	0.37	0.39	0.39
Net debt / EBITDA	3.04	4.35	5.95	5.2	-12.7	15.4	4.5	4.43	4.18	3.97	3.58
Interest coverage	4.05	3.65	3.22	5.43	-6.82	-4.19	3.83	2.34	1.76	2.66	3.56
Effective tax rate	9.75%	10%	3.41%	10.7%	0%	0%	2.32%	0.36%	3.09%	0%	0.22%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	4.46	4.33	4.2	4.64	1.49	2.67	4.71	5.08	5.37	5.43	5.55
EPS (basic)	0.57	0.46	0.43	0.91	-1.97	-0.96	0.47	0.36	0.18	0.44	0.44
EPS (diluted)	0.57	0.46	0.43	0.9	-1.97	-0.96	0.47	0.36	0.18	0.44	0.72
Book value per share	9.13	9.13	9.2	9.51	8.52	7.17	7.51	7.8	7.6	7.07	7.45
FCF per share	0.56	0.52	0.5	-0.03	-0.86	-1.3	-0.2	0.56	0.53	0.79	0.79
Cash per share	1.21	0.91	0.21	0.61	0.55	0.18	0.32	0.57	0.39	0.33	0.52
Capex per share	0.87	0	0	0	0.01	0.06	0.86	0.15	0.15	0.4	0.39

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	19.6%	0.09%	0%	0%	0.53%	2.26%	18.2%	3.04%	2.7%	7.28%	7.09%
Capex / operating cash flow	76.2%	0.46%	0%	0%	-0.64%	-9.33%	86.6%	13.7%	16.5%	33.5%	33%
Payout ratio	87.8%	109.4%	117%	55.4%	-7.29%	-5.08%	14.8%	48.2%	73.4%	106.1%	47.2%
Dividend yield	4.35%	4.44%	5.51%	4.56%	1.73%	0.49%	0.93%	2.1%	1.87%	5.85%	3.48%

Yield

3.48%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.11

ex-dividend Sep 30, 2026

Payout ratio

47%

of earnings

Dividend growth

3 years

consecutive annual raises

Dividend per share

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

Recent payouts

Ex-dividend	Amount
Sep 30, 2026upcoming	$0.11
Jun 30, 2026	$0.09
Mar 31, 2026	$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	$276.5M	$263.5M	$256.4M	$309.3M	$285.1M	$279.1M	$254.9M	$305.7M	$285.4M	$274.5M	$258.2M	$318.3M
YoY change	+3.1%	+3.33%	+5.28%	+6.19%	+3.11%	+5.88%	-0.61%	-1.15%	+0.09%	-1.62%	+1.3%	+4.11%

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	243.1M	183.6M	43.9M	122.5M	111.8M	38.6M	67.6M	121.6M	81.4M	68.1M
Receivables	77.9M	86.6M	86.9M	91.2M	69.5M	120.7M	176.7M	144.7M	145.9M	137.8M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	367.1M	310.4M	178.5M	271M	204.3M	196.2M	283.9M	311.9M	368.1M	241M
Property, plant & equipment	290.8M	278.1M	262.3M	373.3M	189.8M	84.6M	48.9M	-25.6M	-91.3M	-191.7M
Goodwill & intangibles	36M	53.4M	127.9M	0	—	—	—	—	—	—
Total assets	3.1B	3.1B	3.2B	3.4B	3.1B	3B	3.2B	3.2B	3.2B	3B
Accounts payable	94.8M	132.1M	124.1M	154.4M	142.1M	136.7M	166.8M	156.1M	200.9M	193.5M
Short-term debt	99.4M	298.2M	348.2M	75M	55M	90M	—	—	—	—
Total current liabilities	293.6M	329.4M	329M	311M	329.2M	358.5M	314.7M	299.8M	392.8M	360.7M
Long-term debt	920.5M	937.8M	978M	1.2B	1.1B	1.1B	1.3B	1.3B	1.2B	1.2B
Total liabilities	1.2B	1.3B	1.3B	1.5B	1.4B	1.4B	1.6B	1.6B	1.6B	1.5B
Shareholders' equity	1.8B	1.8B	1.9B	1.9B	1.7B	1.5B	1.6B	1.6B	1.6B	1.5B
Total debt	1B	1.2B	1.3B	1.3B	1.2B	1.2B	1.3B	1.3B	1.2B	1.2B
Net debt	776.8M	1.1B	1.3B	1.1B	1B	1.1B	1.2B	1.2B	1.1B	1.1B

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	102.7M	121.6M	120.1M	125.2M	75.3M	81.4M	100.6M	52.4M	145.3M	68.1M	39.3M	106M
Receivables	167.7M	144.7M	155.7M	171.8M	168M	145.9M	161M	171.8M	173.7M	137.8M	161.2M	189.5M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	312.9M	311.9M	321M	342.2M	287.7M	368.1M	311.3M	275.4M	369.1M	241M	275.1M	335.4M
Property, plant & equipment	-2M	-25.6M	-41.3M	-67.8M	-89.1M	-91.3M	-109.8M	-142.3M	-168.5M	-191.7M	-193.6M	-217.2M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	3.3B	3.2B	3.2B	3.2B	3.2B	3.2B	3.1B	3.1B	3.1B	3B	3B	3.1B
Accounts payable	171.7M	156.1M	157.1M	168.6M	166M	200.9M	192M	212.4M	225M	193.5M	164.8M	179.3M
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	314.6M	299.8M	301.6M	313.4M	311.8M	392.8M	349.3M	370.4M	383.6M	360.7M	361.1M	341.1M
Long-term debt	1.3B	1.3B	1.3B	1.3B	1.2B	1.2B	1.2B	1.1B	1.2B	1.2B	1.2B	1.2B
Total liabilities	1.6B	1.6B	1.6B	1.6B	1.5B	1.6B	1.5B	1.5B	1.6B	1.5B	1.6B	1.5B
Shareholders' equity	1.7B	1.6B	1.6B	1.6B	1.7B	1.6B	1.6B	1.6B	1.6B	1.5B	1.5B	1.5B
Total debt	1.3B	1.3B	1.3B	1.3B	1.2B	1.2B	1.2B	1.1B	1.2B	1.2B	1.2B	1.2B
Net debt	1.2B	1.2B	1.2B	1.2B	1.1B	1.1B	1.1B	1.1B	1B	1.1B	1.2B	1.1B

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	114.8M	91.9M	87.8M	184.2M	-396M	-195.4M	109.7M	86.6M	48.3M	101.9M
Depreciation & amortization	97.5M	99.2M	104.7M	118.3M	114.7M	103M	108.8M	111.3M	113.6M	113.1M
Stock-based compensation	5.3M	6.2M	5.6M	6.4M	7.2M	8.7M	7.8M	8.8M	12M	7.4M
Change in working capital	-1.1M	1.5M	-5.7M	-5.1M	44.5M	-63.2M	-24M	24.2M	3.5M	-3M
Operating cash flow	230.2M	166.3M	196.9M	189.2M	-248.8M	-137.3M	210M	237.9M	184.5M	243.7M
Capital expenditure	175.3M	-764K	0	0	-1.6M	-12.8M	-181.9M	-32.7M	-30.5M	-81.6M
Investing cash flow	179.9M	-84.5M	-227.4M	133.5M	9.1M	-241.7M	-180.9M	-32.7M	-30.5M	-81.6M
Dividends paid	-100.8M	-100.5M	-102.7M	-102.1M	-28.9M	-9.9M	-16.2M	-41.7M	-35.4M	-108.1M
Share repurchases	-7.2M	-537K	-33.1M	-43.3M	-11.3M	-1.5M	-13.1M	-5.5M	-32.9M	-161.2M
Financing cash flow	-346.7M	-85.4M	-92.2M	-114.4M	-302.3M	-165.3M	-126M	-56.7M	-150.7M	-336.7M
Net change in cash	63.4M	-3.7M	-122.7M	208.3M	-542M	-544.4M	-96.9M	148.4M	3.3M	-174.6M
Free cash flow	112.7M	103.8M	102.4M	-6M	-173.3M	-276.1M	-43.4M	118.6M	112.3M	162.1M

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	27.3M	11M	8.4M	24.6M	26.6M	-11.3M	11.9M	41M	22.6M	26.4M	14.5M	90.8M
Depreciation & amortization	27.7M	28.3M	28.3M	27.9M	28.4M	29M	27.9M	28.1M	28.3M	28.7M	28.5M	28.8M
Stock-based compensation	2M	2M	2.3M	7.5M	1.1M	1.1M	1.3M	2.6M	1.9M	1.7M	1.7M	3.1M
Change in working capital	-1.2M	16.8M	-8.4M	-3.5M	-1.8M	17.2M	-12.1M	-2.5M	-1.2M	12.9M	-13.7M	-8.3M
Operating cash flow	57.9M	60.1M	32.6M	58.5M	56.1M	37.8M	30.7M	71M	74.6M	67.9M	21.9M	79.6M
Capital expenditure	-33.7M	1M	—	—	—	-30.5M	—	—	-19.7M	-20.6M	-20.8M	-19.4M
Investing cash flow	-33.7M	1M	—	—	—	-30.5M	—	—	-19.7M	-20.6M	-20.8M	-19.4M
Dividends paid	-8.8M	-8.8M	-8.9M	-8.8M	-8.9M	-8.8M	-51M	-19.2M	-19M	-18.9M	-25.2M	-18.5M
Share repurchases	0	-9K	-2.9M	-22.3M	-5.4M	-2.2M	-16M	-12.6M	-12M	-120.6M	-2.8M	-1.9M
Financing cash flow	-11.2M	-11.3M	-14.3M	-33.6M	-89.7M	-13.1M	-69.6M	-104.6M	-323M	-139.5M	-28M	-20.5M
Net change in cash	12.9M	49.8M	18.3M	24.9M	-33.6M	-5.8M	-38.9M	-33.6M	-268.1M	-92.2M	-26.9M	39.7M
Free cash flow	17M	35M	12.4M	38.8M	39M	22.1M	2M	57.9M	54.9M	47.3M	1.1M	60.1M

DiamondRock Hospitality Company 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