Braemar Hotels & Resorts Inc

Chart & Performance

D1W1MN

Profile

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

URL

https://www.bhrreit.com/

IPO date

Nov 06, 2013

Employees

116

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	728,404 -1.48%	739,343 10.42%	669,585 56.61%
Cost of revenue	589,086	584,398	529,684
Unusual Expense (Income)
NOPBT	139,318	154,945	139,901
NOPBT Margin	19.13%	20.96%	20.89%
Operating Taxes	(842)	2,689	4,043
Tax Rate		1.74%	2.89%
NOPAT	140,160	152,256	135,858
Net income	21,447 -179.38%	(27,017) -252.11%	17,761 -153.97%
Dividends	(51,558)	(52,563)	(20,763)
Dividend yield	25.84%	31.86%	7.25%
Proceeds from repurchase of equity	(369)	61,575	270,711
BB yield	0.18%	-37.32%	-94.52%
Debt
Debt current			60,692
Long-term debt	1,249,986	1,283,202	1,455,514
Deferred revenue			1,571,712
Other long-term liabilities	479,112	19,326	(1,609,777)
Net debt	1,072,841	1,195,929	1,252,976
Cash flow
Cash from operating activities	66,817	84,711	109,483
CAPEX			(49,148)
Cash from investing activities	35,509	(77,066)	(402,218)
Cash from financing activities	(83,772)	(156,838)	345,057
FCF	183,691	(1,858,353)	2,701,761
Balance
Cash	135,465	85,599	261,541
Long term investments	41,680	1,674	1,689
Excess cash	140,725	50,306	229,751
Stockholders' equity	(382,433)	100,028	917,870
Invested Capital	2,358,873	2,010,369	2,013,700
ROIC	6.42%	7.57%	6.66%
ROCE	7.05%	7.52%	6.07%
EV
Common stock shares outstanding	66,500	65,989	69,687
Price	3.00 20.00%	2.50 -39.17%	4.11 -19.41%
Market cap	199,500 20.93%	164,972 -42.40%	286,414 6.60%
EV	1,367,731	1,872,462	1,955,299
EBITDA	238,504	248,691	218,497
EV/EBITDA	5.73	7.53	8.95
Interest	108,124	94,219	49,710
Interest/NOPBT	77.61%	60.81%	35.53%