Pebblebrook Hotel Trust

Chart & Performance

D1W1MN

Profile

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 53 hotels, totaling approximately 13,200 guestrooms across 14 urban and resort markets, with a focus on the west coast gateway cities.

URL

https://pebblebrookhotels.com/

IPO date

Dec 09, 2009

Employees

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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,419,949 2.02%	1,391,891 89.88%	733,044 65.51%
Cost of revenue	1,110,464	1,048,795	646,421
Unusual Expense (Income)
NOPBT	309,485	343,096	86,623
NOPBT Margin	21.80%	24.65%	11.82%
Operating Taxes	655	277	61
Tax Rate	0.21%	0.08%	0.07%
NOPAT	308,830	342,819	86,562
Net income	(78,017) -8.19%	(84,981) -54.40%	(186,372) -52.53%
Dividends	(53,578)	(52,658)	(44,722)
Dividend yield	2.75%	3.01%	1.53%
Proceeds from repurchase of equity	(108,543)	(86,724)	463,333
BB yield	5.58%	4.96%	-15.83%
Debt
Debt current	448,138	507,600	62,124
Long-term debt	2,498,606	3,028,097	3,080,740
Deferred revenue		73,603	69,064
Other long-term liabilities	719,765	224,999	224,907
Net debt	2,762,997	3,447,428	3,050,017
Cash flow
Cash from operating activities	236,197	278,745	70,766
CAPEX		(116,743)	(83,827)
Cash from investing activities	142,022	(109,385)	(81,569)
Cash from financing activities	(236,847)	(209,338)	(33,250)
FCF	1,020,356	50,644	(73,365)
Balance
Cash	183,747	41,040	58,518
Long term investments		47,229	34,329
Excess cash	112,750	18,674	56,195
Stockholders' equity	(1,228,567)	(1,097,816)	(1,104,137)
Invested Capital	6,721,240	7,696,256	7,385,451
ROIC	4.28%	4.55%	1.20%
ROCE	5.63%	5.45%	1.45%
EV
Common stock shares outstanding	121,813	130,454	130,804
Price	15.98 19.34%	13.39 -40.14%	22.37 18.99%
Market cap	1,946,572 11.44%	1,746,778 -40.30%	2,926,093 19.17%
EV	4,796,690	5,282,520	5,984,130
EBITDA	550,130	582,679	310,874
EV/EBITDA	8.72	9.07	19.25
Interest	107,556	99,988	96,633
Interest/NOPBT	34.75%	29.14%	111.56%