Diamondrock Hospitality Co - Understand $drh stock

$DRH Market Cap: $1.929 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.114B

TTM

Gross Margin

26.74%

TTM

Net Earnings

$67.78M

TTM

Current Assets

$313.0M

Q3 2024

Current Liabilities

$287.0M

Q3 2024

Current Ratio

109.06%

Q3 2024

Total Assets

$3.181B

Q3 2024

Total Liabilities

$1.523B

Q3 2024

Book Value

$1.658B

Q3 2024

Cash

$75.29M

Q3 2024

P/E

28.46

Nov 13, 2024 EST

Free Cash Flow

$123.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$1.075B	$1.002B	$567.1M	$299.5M	$938.1M	$863.7M	$870.0M	$896.6M	$931.0M	$872.9M	$799.7M	$726.9M	$600.1M	$523.9M	$493.6M	$575.8M	$609.5M	$485.1M	$226.8M	$7.100M
YoY Change	7.33%	76.59%	89.37%	-68.07%	8.61%	-0.72%	-2.96%	-3.7%	6.66%	9.15%	10.02%	21.13%	14.54%	6.13%	-14.27%	-5.53%	25.64%	113.89%	3094.37%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Revenue	$1.075B	$1.002B	$567.1M	$299.5M	$938.1M	$863.7M	$870.0M	$896.6M	$931.0M	$872.9M	$799.7M	$726.9M	$600.1M	$523.9M	$493.6M	$575.8M	$609.5M	$485.1M	$226.8M	$7.100M
Cost Of Revenue	$781.8M	$684.5M	$450.0M	$335.3M	$690.8M	$621.7M	$603.2M	$618.0M	$649.1M	$624.1M	$597.6M	$538.9M	$456.3M	$405.9M	$378.9M	$422.8M	$432.7M	$351.7M	$179.7M	$6.200M
Gross Profit	$293.1M	$317.0M	$117.2M	-$35.80M	$247.3M	$242.0M	$266.8M	$278.5M	$281.9M	$248.7M	$202.1M	$188.0M	$143.8M	$118.0M	$100.0M	$153.0M	$176.8M	$133.3M	$47.10M	$900.0K
Gross Profit Margin	27.27%	31.66%	20.66%	-11.95%	26.36%	28.02%	30.67%	31.06%	30.28%	28.49%	25.27%	25.86%	23.96%	22.52%	20.26%	26.57%	29.01%	27.48%	20.77%	12.68%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Selling, General & Admin	$32.05M	$44.62M	$44.30M	$38.80M	$28.20M	$28.60M	$26.70M	$23.60M	$24.10M	$22.30M	$23.10M	$21.10M	$21.20M	$16.40M	$18.30M	$14.00M	$13.80M	$12.40M	$13.50M	$4.100M
YoY Change	-28.18%	0.72%	14.18%	37.59%	-1.4%	7.12%	13.14%	-2.07%	8.07%	-3.46%	9.48%	-0.47%	29.27%	-10.38%	30.71%	1.45%	11.29%	-8.15%	229.27%
% of Gross Profit	10.93%	14.07%	37.81%		11.4%	11.82%	10.01%	8.47%	8.55%	8.97%	11.43%	11.22%	14.74%	13.9%	18.3%	9.15%	7.81%	9.3%	28.66%	455.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$111.3M	$108.8M	$103.0M	$114.7M	$118.1M	$104.5M	$99.09M	$97.44M	$101.1M	$99.70M	$105.7M	$101.5M	$99.20M	$88.50M	$82.70M	$78.20M	$75.50M	$52.40M	$27.60M	$1.100M
YoY Change	2.25%	5.72%	-10.23%	-2.88%	12.99%	5.48%	1.69%	-3.62%	1.4%	-5.68%	4.14%	2.32%	12.09%	7.01%	5.75%	3.58%	44.08%	89.86%	2409.09%
% of Gross Profit	37.97%	34.33%	87.87%		47.76%	43.19%	37.14%	34.99%	35.86%	40.09%	52.3%	53.99%	68.98%	75.0%	82.7%	51.11%	42.7%	39.31%	58.6%	122.22%
Operating Expenses	$143.4M	$153.5M	$147.3M	$153.5M	$146.3M	$133.0M	$125.8M	$121.1M	$125.2M	$120.2M	$126.9M	$118.1M	$103.4M	$91.00M	$87.30M	$78.20M	$78.00M	$63.60M	$40.50M	$5.100M
YoY Change	-6.59%	4.21%	-4.06%	4.92%	10.0%	5.72%	3.88%	-3.27%	4.16%	-5.28%	7.45%	14.22%	13.63%	4.24%	11.64%	0.26%	22.64%	57.04%	694.12%
Operating Profit	$149.8M	$163.6M	-$30.09M	-$189.3M	$101.0M	$109.0M	$139.8M	$157.5M	$145.3M	$137.5M	$75.16M	$28.45M	$37.88M	$25.59M	$9.967M	$74.80M	$98.80M	$69.70M	$6.600M	-$4.200M
YoY Change	-8.45%	-643.68%	-84.11%	-287.43%	-7.34%	-22.02%	-11.23%	8.4%	5.68%	82.9%	164.14%	-24.88%	48.04%	156.7%	-86.68%	-24.29%	41.75%	956.06%	-257.14%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Interest Expense	$65.07M	$38.28M	$37.04M	$54.00M	$46.58M	$40.97M	$38.48M	$41.74M	$52.68M	$58.28M	$57.28M	$53.77M	$45.41M	$35.43M	$40.40M	-$37.20M	-$37.50M	-$32.30M	-$15.80M	$600.0K
YoY Change	69.98%	3.35%	-31.4%	15.91%	13.7%	6.47%	-7.8%	-20.78%	-9.6%	1.74%	6.52%	18.42%	28.18%	-12.31%	-208.6%	-0.8%	16.1%	104.43%	-2733.33%
% of Operating Profit	43.45%	23.4%			46.12%	37.59%	27.53%	26.5%	36.27%	42.39%	76.21%	188.98%	119.88%	138.46%	405.34%	-49.73%	-37.96%	-46.34%	-239.39%
Other Income/Expense, Net	-$62.51M	-$49.45M	-$36.10M	-$53.60M	-$47.76M	-$39.16M	-$37.70M	-$30.28M	-$48.07M	$31.55M	-$52.44M	-$53.32M	-$44.79M	-$34.64M	-$40.06M
YoY Change	26.4%	37.0%	-32.66%	12.24%	21.95%	3.89%	24.52%	-37.02%	-252.38%	-160.15%	-1.65%	19.04%	29.31%	-13.52%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Pretax Income	$86.95M	$112.3M	-$192.1M	-$422.5M	$206.2M	$90.90M	$102.1M	$127.2M	$97.21M	$169.0M	$22.72M	-$24.87M	-$6.917M	-$9.057M	-$30.09M	$36.90M	$61.60M	$37.50M	-$9.300M	-$3.700M
YoY Change	-22.58%	-158.45%	-54.52%	-304.85%	126.89%	-10.96%	-19.74%	30.85%	-42.49%	644.06%	-191.34%	259.52%	-23.63%	-69.9%	-181.55%	-40.1%	64.27%	-503.23%	151.35%
Income Tax	$317.0K	$2.607M	$3.267M	-$26.45M	$22.03M	$3.101M	$10.21M	$12.40M	$11.58M	$5.636M	-$1.113M	-$6.793M	$2.521M	$1.700M	-$18.90M	-$8.500M	$4.400M	$3.800M	-$1.200M	-$1.600M
% Of Pretax Income	0.36%	2.32%			10.68%	3.41%	10.0%	9.75%	11.91%	3.33%	-4.9%					-23.04%	7.14%	10.13%
Net Earnings	$86.34M	$109.3M	-$194.6M	-$394.4M	$183.5M	$87.78M	$91.88M	$114.8M	$85.63M	$163.4M	$49.07M	-$16.59M	-$7.678M	-$9.172M	-$11.09M	$52.90M	$68.30M	$35.20M	-$7.300M	-$2.100M
YoY Change	-21.03%	-156.19%	-50.66%	-314.93%	109.02%	-4.45%	-19.96%	34.06%	-47.59%	232.98%	-395.71%	116.1%	-16.29%	-17.29%	-120.96%	-22.55%	94.03%	-582.19%	247.62%
Net Earnings / Revenue	8.03%	10.92%	-34.31%	-131.68%	19.56%	10.16%	10.56%	12.8%	9.2%	18.72%	6.14%	-2.28%	-1.28%	-1.75%	-2.25%	9.19%	11.21%	7.26%	-3.22%	-29.58%
Basic Earnings Per Share	$0.36	$0.47	-$0.96	-$1.97	$0.91	$0.43	$0.46	$0.57	$0.43	$0.83	$0.25	-$0.09	-$0.05
Diluted Earnings Per Share	$0.36	$0.47	-$0.96	-$1.97	$0.90	$0.43	$0.46	$0.57	$0.43	$0.83	$0.25	-$0.09	-$0.05	-$63.67K	-$102.0K	$559.8K	$719.7K	$502.9K	-$180.2K	-$42.68K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Cash & Short-Term Investments	$121.6M	$67.56M	$38.62M	$111.8M	$122.5M	$43.90M	$183.6M	$243.1M	$213.6M	$144.4M	$144.6M	$9.600M	$26.30M	$84.20M	$177.4M	$13.80M	$29.80M	$19.70M	$9.400M	$77.00M
YoY Change	79.97%	74.95%	-65.46%	-8.73%	179.04%	-76.09%	-24.48%	13.81%	47.92%	-0.14%	1406.25%	-63.5%	-68.76%	-52.54%	1185.51%	-53.69%	51.27%	109.57%	-87.79%
Cash & Equivalents	$121.6M	$67.56M	$38.62M	$111.8M	$122.5M	$43.90M	$183.6M	$243.1M	$213.6M	$144.4M	$144.6M	$9.600M	$26.30M	$84.20M	$177.4M	$13.80M	$29.80M	$19.70M	$9.400M	$77.00M
Short-Term Investments
Other Short-Term Assets	$73.94M	$76.13M	$17.47M	$28.40M	$29.90M	$10.50M	$71.50M	$19.10M	$46.80M	$52.70M	$79.50M	$73.80M	$65.90M	$50.10M	$58.60M	$33.40M	$17.00M	$12.70M	$10.50M	$4.300M
YoY Change	-2.88%	335.73%	-38.48%	-5.02%	184.76%	-85.31%	274.35%	-59.19%	-11.2%	-33.71%	7.72%	11.99%	31.54%	-14.51%	75.45%	96.47%	33.86%	20.95%	144.19%
Inventory
Prepaid Expenses
Receivables	$144.7M	$176.7M	$120.7M	$69.50M	$91.20M	$86.90M	$86.60M	$77.90M	$86.70M	$79.80M	$69.40M	$68.50M	$50.70M	$50.70M	$45.20M	$61.10M	$68.20M	$57.80M	$39.00M	$2.600M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$340.2M	$320.4M	$176.8M	$209.7M	$243.6M	$141.3M	$341.7M	$340.1M	$347.1M	$276.9M	$293.5M	$151.9M	$142.9M	$185.0M	$281.2M	$108.3M	$115.0M	$90.20M	$58.90M	$83.90M
YoY Change	6.19%	81.26%	-15.71%	-13.92%	72.4%	-58.65%	0.47%	-2.02%	25.35%	-5.66%	93.22%	6.3%	-22.76%	-34.21%	159.65%	-5.83%	27.49%	53.14%	-29.8%
Property, Plant & Equipment	$2.853B	$2.848B	$2.752B	$2.914B	$3.125B	$2.945B	$2.692B	$2.647B	$2.882B	$2.764B	$2.568B	$2.612B	$2.235B	$2.072B	$1.862B	$1.920B	$1.939B	$1.686B	$870.6M	$285.6M
YoY Change	0.19%	3.48%	-5.57%	-6.75%	6.12%	9.37%	1.72%	-8.17%	4.26%	7.67%	-1.68%	16.87%	7.86%	11.25%	-3.03%	-0.96%	14.97%	93.71%	204.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$45.58M	$39.61M	$36.89M	$23.10M	$57.30M	$47.70M	$40.20M	$46.10M	$59.30M	$82.80M	$96.80M	$85.90M	$323.1M	$57.40M	$34.90M	$33.40M	$35.80M	$32.40M	$26.00M	$18.80M
YoY Change	15.05%	7.39%	59.68%	-59.69%	20.13%	18.66%	-12.8%	-22.26%	-28.38%	-14.46%	12.69%	-73.41%	462.89%	64.47%	4.49%	-6.7%	10.49%	24.62%	38.3%
Total Long-Term Assets	$2.898B	$2.887B	$2.789B	$2.937B	$3.182B	$3.056B	$2.759B	$2.711B	$2.965B	$2.882B	$2.754B	$2.792B	$2.656B	$2.230B	$1.934B	$1.994B	$2.017B	$1.729B	$907.1M	$307.8M
YoY Change	0.39%	3.54%	-5.06%	-7.7%	4.12%	10.77%	1.79%	-8.59%	2.91%	4.62%	-1.35%	5.14%	19.11%	15.27%	-3.0%	-1.11%	16.65%	90.59%	194.7%
Total Assets	$3.239B	$3.208B	$2.965B	$3.147B	$3.426B	$3.198B	$3.101B	$3.051B	$3.313B	$3.158B	$3.048B	$2.944B	$2.799B	$2.415B	$2.216B	$2.103B	$2.132B	$1.819B	$966.0M	$391.7M
YoY Change
Accounts Payable	$156.1M	$166.8M	$85.49M	$95.50M	$72.40M	$72.70M	$74.20M	$58.30M	$65.40M	$59.20M	$54.20M	$51.00M	$41.70M	$36.20M	$29.80M	$35.20M	$36.90M	$34.50M	$22.80M	$4.000M
YoY Change	-6.42%	95.11%	-10.48%	31.91%	-0.41%	-2.02%	27.27%	-10.86%	10.47%	9.23%	6.27%	22.3%	15.19%	21.48%	-15.34%	-4.61%	6.96%	51.32%	470.0%
Accrued Expenses	$112.9M	$110.9M	$108.6M	$105.0M	$103.6M
YoY Change	1.8%	2.09%	3.43%	1.35%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$275.3M	$290.6M	$194.1M	$200.6M	$211.3M	$99.00M	$99.90M	$83.90M	$91.00M	$80.10M	$71.20M	$104.8M	$101.6M	$36.20M	$71.60M	$66.60M	$59.80M	$48.40M	$31.70M	$3.100M
YoY Change	-5.28%	49.73%	-3.24%	-5.06%	113.43%	-0.9%	19.07%	-7.8%	13.61%	12.5%	-32.06%	3.15%	180.66%	-49.44%	7.51%	11.37%	23.55%	52.68%	922.58%
Long-Term Debt	$1.177B	$1.186B	$1.067B	$1.049B	$1.090B	$978.0M	$937.8M	$920.5M	$1.170B	$1.038B	$1.092B	$988.7M	$1.043B	$780.9M	$786.8M	$878.4M	$824.5M	$843.8M	$431.2M	$180.8M
YoY Change	-0.74%	11.11%	1.77%	-3.8%	11.46%	4.29%	1.88%	-21.3%	12.66%	-4.91%	10.44%	-5.2%	33.55%	-0.75%	-10.43%	6.54%	-2.29%	95.69%	138.5%
Other Long-Term Liabilities	$137.4M	$134.9M	$131.8M	$132.1M	$130.8M	$178.6M	$171.7M	$173.2M	$168.4M	$97.80M	$101.8M	$104.4M	$110.3M	$102.8M	$102.4M	$104.7M	$102.0M	$99.30M	$15.70M	$8.300M
YoY Change	1.84%	2.4%	-0.24%	0.99%	-26.76%	4.02%	-0.87%	2.85%	72.19%	-3.93%	-2.49%	-5.35%	7.3%	0.39%	-2.2%	2.65%	2.72%	532.48%	89.16%
Total Long-Term Liabilities	$1.314B	$1.321B	$1.199B	$1.181B	$1.221B	$1.157B	$1.110B	$1.094B	$1.338B	$1.136B	$1.194B	$1.093B	$1.153B	$883.7M	$889.2M	$983.1M	$926.5M	$943.1M	$446.9M	$189.1M
YoY Change	-0.48%	10.15%	1.54%	-3.28%	5.56%	4.25%	1.44%	-18.26%	17.78%	-4.83%	9.2%	-5.21%	30.5%	-0.62%	-9.55%	6.11%	-1.76%	111.03%	136.33%
Total Liabilities	$1.597B	$1.618B	$1.450B	$1.436B	$1.513B	$1.315B	$1.267B	$1.214B	$1.488B	$1.329B	$1.367B	$1.249B	$1.297B	$1.001B	$1.040B	$1.085B	$1.051B	$1.034B	$502.6M	$196.1M
YoY Change	-1.3%	11.56%	1.0%	-5.13%	15.11%	3.75%	4.37%	-18.4%	11.92%	-2.76%	9.46%	-3.67%	29.51%	-3.74%	-4.14%	3.2%	1.67%	105.73%	156.3%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	211.5M shares	212.4M shares	212.1M shares	201.7M shares	202.0M shares	205.5M shares	200.8M shares	201.1M shares	200.8M shares	195.9M shares	195.5M shares	180.8M shares	166.7M shares	144.5M shares	107.4M shares
Diluted Shares Outstanding	212.3M shares	213.2M shares	212.1M shares	201.7M shares	202.7M shares	206.1M shares	201.5M shares	201.7M shares	201.5M shares	196.7M shares	195.9M shares	180.8M shares	166.7M shares	144.5M shares	107.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

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Market Cap: $1.9294 Billion

About Diamondrock Hospitality Co

DiamondRock Hospitality Co. is a real estate investment trust which focuses on lodging properties. The company is headquartered in Bethesda, Maryland and currently employs 33 full-time employees. The company went IPO on 2005-05-26. The firm owns a portfolio of geographically diversified hotels concentrated in leisure destinations and gateway markets. The company conducts its business through its subsidiaries, DiamondRock Hospitality Limited Partnership. The Company’s primary business is to acquire, own, renovate and asset manage hotel properties in the United States. The firm's hotel properties include Chico Hot Springs Resort Lake Austin Spa Resort, Kimpton Shorebreak Fort Lauderdale Beach Resort, Tranquility Bay, Bourbon Orleans Hotel, Henderson Beach Resort, Henderson Park Inn, Cavallo Point, The Landing, Kimpton Palomar Phoenix, L'auberge De Sedona, Orchards Inn, The Lodge at Sonoma, Kimpton Shorebreak Resort, Westin San Diego, and Havana Cabana, among others. The firm owns a portfolio of approximately 36 hotels and resorts that contain over 9,700 guest rooms located in 25 different markets in the United States.

Industry: Real Estate Investment Trusts Peers: Chatham Lodging Trust Park Hotels & Resorts Inc Host Hotels & Resorts Inc Service Properties Trust Pebblebrook Hotel Trust RLJ Lodging Trust Sunstone Hotel Investors Inc Summit Hotel Properties Inc Xenia Hotels & Resorts Inc