Rlj Lodging Trust - Understand $rlj stock

$RLJ Market Cap: $1.633 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.359B

TTM

Gross Margin

35.88%

TTM

Net Earnings

$65.08M

TTM

Current Assets

$455.1M

Q3 2024

Current Liabilities

$317.0M

Q3 2024

Current Ratio

143.56%

Q3 2024

Total Assets

$4.888B

Q3 2024

Total Liabilities

$2.572B

Q3 2024

Book Value

$2.316B

Q3 2024

Cash

$385.4M

Q3 2024

P/E

25.10

Nov 29, 2024 EST

Free Cash Flow

$165.9M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue	$1.326B	$1.194B	$785.7M	$473.1M	$1.566B	$1.761B	$1.356B	$1.160B	$1.136B	$1.109B	$970.4M	$849.7M	$754.9M	$516.7M	$455.8M	$551.8M
YoY Change	11.05%	51.93%	66.07%	-69.79%	-11.07%	29.86%	16.92%	2.08%	2.45%	14.31%	14.2%	12.56%	46.11%	13.36%	-17.4%

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
Revenue	$1.326B	$1.194B	$785.7M	$473.1M	$1.566B	$1.761B	$1.356B	$1.160B	$1.136B	$1.109B	$970.4M	$849.7M	$754.9M	$516.7M	$455.8M	$551.8M
Cost Of Revenue	$834.7M	$744.4M	$511.5M	$391.6M	$957.2M	$1.077B	$811.9M	$668.1M	$657.6M	$646.3M	$575.1M	$508.9M	$458.1M	$311.8M	$279.4M	$332.8M
Gross Profit	$490.9M	$449.3M	$274.1M	$81.50M	$609.0M	$684.0M	$544.4M	$491.9M	$478.7M	$462.9M	$395.3M	$340.7M	$296.8M	$204.8M	$176.4M	$219.0M
Gross Profit Margin	37.03%	37.64%	34.89%	17.23%	38.88%	38.84%	40.14%	42.41%	42.13%	41.73%	40.74%	40.1%	39.32%	39.64%	38.7%	39.69%

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
Selling, General & Admin	$159.2M	$143.3M	$136.4M	$146.4M	$164.5M	$184.3M	$131.9M	$108.8M	$114.5M	$113.1M	$99.10M	$83.80M	$81.20M	$52.00M	$51.40M	$52.90M
YoY Change	11.09%	5.09%	-6.85%	-11.0%	-10.74%	39.73%	21.23%	-4.98%	1.24%	14.13%	18.26%	3.2%	56.15%	1.17%	-2.84%
% of Gross Profit	32.44%	31.9%	49.75%	179.63%	27.01%	26.94%	24.23%	22.12%	23.92%	24.43%	25.07%	24.6%	27.36%	25.39%	29.14%	24.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$179.1M	$184.9M	$187.8M	$194.2M	$211.6M	$241.6M	$187.0M	$162.5M	$156.2M	$144.3M	$127.4M	$126.8M	$130.7M	$100.8M	$98.88M	$86.90M
YoY Change	-3.12%	-1.55%	-3.29%	-8.23%	-12.44%	29.22%	15.07%	4.02%	8.27%	13.23%	0.5%	-3.0%	29.69%	1.93%	13.79%
% of Gross Profit	36.48%	41.15%	68.5%	238.24%	34.74%	35.33%	34.35%	33.04%	32.64%	31.17%	32.24%	37.22%	44.04%	49.22%	56.06%	39.68%
Operating Expenses	$1.173B	$1.072B	$980.6M	$730.2M	$1.348B	$1.505B	$1.175B	$939.6M	$932.4M	$917.8M	$805.8M	$722.6M	$670.7M	$475.2M	$492.4M	$137.3M
YoY Change	9.42%	9.35%	34.3%	-45.83%	-10.44%	28.09%	25.07%	0.77%	1.59%	13.89%	11.52%	7.74%	41.16%	-3.5%	258.62%
Operating Profit	-$682.3M	-$623.0M	-$706.5M	-$648.7M	-$739.0M	-$821.2M	$181.1M	$220.4M	$203.9M	$191.4M	$164.5M	$127.1M	$84.18M	$41.51M	-$36.63M	$81.70M
YoY Change	9.52%	-11.81%	8.91%	-12.23%	-10.0%	-553.34%	-17.81%	8.08%	6.54%	16.32%	29.5%	50.94%	102.78%	-213.32%	-144.84%

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
Interest Expense	$98.81M	$93.16M	$106.4M	$100.2M	$91.30M	$101.6M	$78.32M	$58.82M	$54.79M	$56.81M	$64.35M	$83.69M	$95.36M	$86.74M	$87.85M	-$91.30M
YoY Change	6.07%	-12.42%	6.19%	9.72%	-10.18%	29.78%	33.16%	7.36%	-3.56%	-11.71%	-23.11%	-12.24%	9.95%	-1.27%	-196.22%
% of Operating Profit							43.24%	26.69%	26.87%	29.68%	39.11%	65.87%	113.28%	208.94%		-111.75%
Other Income/Expense, Net	$4.364M	$9.496M	-$7.614M	$1.941M	$1.242M	$2.791M	$269.0K	$303.0K	$1.600M	$800.0K	$5.800M	$400.0K	$1.000M	$600.0K	$1.000M	$700.0K
YoY Change	-54.04%	-224.72%	-492.27%	56.28%	-55.5%	937.55%	-11.22%	-81.06%	100.0%	-86.21%	1350.0%	-60.0%	66.67%	-40.0%	42.86%

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
Pretax Income	$77.87M	$43.73M	-$309.9M	-$356.8M	$125.6M	$199.7M	$117.9M	$209.5M	$152.3M	$137.3M	$107.6M	$44.83M	-$8.500M	-$41.24M	-$122.9M	-$32.40M
YoY Change	78.06%	-114.11%	-13.15%	-384.04%	-37.08%	69.4%	-43.74%	37.57%	10.94%	27.55%	140.06%	-627.42%	-79.39%	-66.44%	279.34%
Income Tax	$1.256M	$1.518M	$1.188M	$51.97M	-$3.751M	$8.793M	$42.12M	$8.190M	-$39.13M	$1.145M	$879.0K	$1.369M	$740.0K	$945.0K	$1.801M	-$900.0K
% Of Pretax Income	1.61%	3.47%			-2.99%	4.4%	35.74%	3.91%	-25.69%	0.83%	0.82%	3.05%
Net Earnings	$76.41M	$41.93M	-$305.2M	-$404.4M	$127.8M	$188.6M	$74.84M	$200.4M	$218.2M	$136.5M	$112.9M	$41.30M	$11.41M	-$22.40M	-$168.0M	-$29.30M
YoY Change	82.24%	-113.74%	-24.55%	-416.36%	-32.23%	152.08%	-62.65%	-8.19%	59.89%	20.86%	173.43%	262.04%	-150.92%	-86.66%	473.37%
Net Earnings / Revenue	5.76%	3.51%	-38.84%	-85.49%	8.16%	10.71%	5.52%	17.27%	19.2%	12.3%	11.64%	4.86%	1.51%	-4.34%	-36.86%	-5.31%
Basic Earnings Per Share	$0.32	$0.10	-$2.01	-$2.61	$0.59	$0.93	$0.47	$1.61	$1.69	$1.06	$0.95	$0.38	$0.12
Diluted Earnings Per Share	$0.32	$0.10	-$2.01	-$2.61	$0.59	$0.93	$0.47	$1.61	$1.68	$1.05	$0.94	$0.38	$0.12	-$219.2K	-$1.644M	-$286.7K

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
Cash & Short-Term Investments	$516.7M	$481.3M	$665.3M	$899.8M	$882.5M	$320.1M	$586.5M	$456.7M	$134.2M	$262.5M	$332.2M	$115.9M	$310.2M	$267.5M	$151.4M
YoY Change	7.35%	-27.66%	-26.06%	1.96%	175.7%	-45.42%	28.42%	240.31%	-48.88%	-20.98%	186.63%	-62.64%	15.96%	76.68%
Cash & Equivalents	$516.7M	$481.3M	$665.3M	$899.8M	$882.5M	$320.1M	$586.5M	$456.7M	$134.2M	$262.5M	$332.2M	$115.9M	$310.2M	$267.5M	$151.4M
Short-Term Investments
Other Short-Term Assets	$58.05M	$79.09M	$33.39M	$32.80M	$58.50M	$67.40M	$69.90M	$60.20M	$32.60M	$42.10M	$38.00M	$33.80M	$28.30M	$38.70M	$23.90M
YoY Change	-26.6%	136.86%	1.8%	-43.93%	-13.2%	-3.58%	16.11%	84.66%	-22.57%	10.79%	12.43%	19.43%	-26.87%	61.92%
Inventory
Prepaid Expenses
Receivables	$26.16M	$38.53M	$31.09M	$13.30M	$39.80M	$52.10M	$60.00M	$26.00M	$25.80M	$25.70M	$22.80M	$22.70M	$20.10M	$19.60M	$21.70M
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
Total Short-Term Assets	$600.9M	$598.9M	$729.8M	$945.9M	$980.8M	$439.6M	$716.4M	$542.9M	$192.6M	$330.3M	$393.0M	$172.4M	$358.6M	$325.8M	$197.0M
YoY Change	0.33%	-17.93%	-22.84%	-3.56%	123.11%	-38.64%	31.96%	181.88%	-41.69%	-15.95%	127.96%	-51.92%	10.07%	65.38%
Property, Plant & Equipment	$4.272B	$4.317B	$4.364B	$4.629B	$4.759B	$5.379B	$5.792B	$3.366B	$3.673B	$3.516B	$3.239B	$3.072B	$2.819B	$2.625B	$1.880B
YoY Change	-1.04%	-1.07%	-5.73%	-2.73%	-11.52%	-7.13%	72.05%	-8.33%	4.44%	8.57%	5.44%	8.97%	7.36%	39.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$7.398M	$6.979M	$6.522M	$6.800M	$15.20M	$22.30M	$23.90M					$12.40M	$12.60M	$12.80M	$12.90M
YoY Change	6.0%	7.01%	-4.09%	-55.26%	-31.84%	-6.69%						-1.59%	-1.56%	-0.78%
Other Assets	$38.65M	$55.07M	$48.53M	$35.00M	$96.10M	$112.1M	$129.4M	$111.8M	$105.4M	$279.3M	$76.60M	$78.10M	$98.30M	$80.60M	$113.0M
YoY Change	-29.81%	13.48%	38.65%	-63.58%	-14.27%	-13.37%	15.74%	6.07%	-62.26%	264.62%	-1.92%	-20.55%	21.96%	-28.67%
Total Long-Term Assets	$4.318B	$4.379B	$4.419B	$4.671B	$4.871B	$5.566B	$6.078B	$3.481B	$3.780B	$3.798B	$3.325B	$3.174B	$2.931B	$2.720B	$2.006B
YoY Change	-1.39%	-0.9%	-5.4%	-4.09%	-12.49%	-8.44%	74.64%	-7.93%	-0.47%	14.23%	4.76%	8.28%	7.77%	35.6%
Total Assets	$4.919B	$4.978B	$5.149B	$5.617B	$5.851B	$6.005B	$6.795B	$4.023B	$3.973B	$4.128B	$3.718B	$3.346B	$3.290B	$3.046B	$2.203B
YoY Change
Accounts Payable	$147.8M	$155.9M	$155.1M	$172.3M	$159.2M	$203.8M	$225.7M	$137.1M	$129.2M	$129.4M	$115.0M	$87.10M	$86.20M	$61.00M	$0.00
YoY Change	-5.19%	0.5%	-9.96%	8.23%	-21.88%	-9.7%	64.62%	6.11%	-0.15%	12.52%	32.03%	1.04%	41.31%
Accrued Expenses	$145.1M	$137.7M	$142.1M	$128.8M	$124.2M	$7.900M	$17.10M	$3.400M	$4.900M	$2.800M	$2.700M	$2.300M	$2.100M	$3.500M	$1.100M
YoY Change	5.38%	-3.11%	10.36%	3.7%	1472.15%	-53.8%	402.94%	-30.61%	75.0%	3.7%	17.39%	9.52%	-40.0%	218.18%
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
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$315.4M	$308.3M	$305.6M	$309.9M	$347.6M	$277.3M	$308.1M	$182.0M	$175.5M	$174.3M	$148.6M	$111.8M	$104.4M	$64.50M	$1.100M
YoY Change	2.33%	0.86%	-1.38%	-10.85%	25.35%	-10.0%	69.29%	3.7%	0.69%	17.29%	32.92%	7.09%	61.86%	5763.64%
Long-Term Debt	$2.221B	$2.218B	$2.409B	$2.588B	$2.196B	$2.203B	$2.881B	$1.583B	$1.576B	$1.558B	$1.410B	$1.414B	$1.342B	$1.747B	$1.599B
YoY Change	0.15%	-7.96%	-6.89%	17.85%	-0.32%	-23.53%	82.0%	0.46%	1.14%	10.5%	-0.28%	5.37%	-23.2%	9.26%
Other Long-Term Liabilities	$32.28M	$23.77M	$20.05M	$32.20M	$81.70M	$25.40M	$30.50M	$12.00M	$11.60M	$10.00M	$9.900M	$9.000M	$6.600M	$9.700M	$64.30M
YoY Change	35.81%	18.57%	-37.74%	-60.59%	221.65%	-16.72%	154.17%	3.45%	16.0%	1.01%	10.0%	36.36%	-31.96%	-84.91%
Total Long-Term Liabilities	$2.253B	$2.241B	$2.429B	$2.620B	$2.277B	$2.228B	$2.911B	$1.595B	$1.587B	$1.568B	$1.420B	$1.423B	$1.348B	$1.757B	$1.663B
YoY Change	0.52%	-7.74%	-7.27%	15.04%	2.21%	-23.46%	82.54%	0.48%	1.24%	10.43%	-0.22%	5.52%	-23.25%	5.62%
Total Liabilities	$2.582B	$2.564B	$2.751B	$2.951B	$2.649B	$2.531B	$3.247B	$1.802B	$1.790B	$1.767B	$1.590B	$1.557B	$1.475B	$1.830B	$1.717B
YoY Change	0.74%	-6.83%	-6.76%	11.38%	4.67%	-22.06%	80.26%	0.64%	1.28%	11.14%	2.16%	5.55%	-19.4%	6.56%

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
Basic Shares Outstanding	155.9M shares	161.9M shares	164.0M shares	164.5M shares	171.3M shares	174.2M shares	140.6M shares	123.7M shares	128.4M shares	127.4M shares	118.0M shares	105.4M shares	95.34M shares
Diluted Shares Outstanding	156.6M shares	162.3M shares	164.0M shares	164.5M shares	171.4M shares	174.3M shares	140.7M shares	123.9M shares	129.0M shares	128.3M shares	118.7M shares	105.7M shares	95.34M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.6332 Billion

About RLJ Lodging Trust

RLJ Lodging Trust is a real estate investment trust, which engages in the ownership and acquisition of hotels. The company is headquartered in Bethesda, Maryland and currently employs 79 full-time employees. The company went IPO on 2011-05-11. The company owns premium-branded, rooms-oriented, focused-service and compact full-service hotels in markets. The firm owns approximately 98 hotel properties with approximately 21,610 rooms, located in 23 states and the District of Columbia. Its brand affiliations consist of Marriott, which includes Courtyard, Residence Inn, Marriott, Fairfield Inn & Suites, Renaissance, SpringHill Suites, AC Hotel, Moxy and Tribute Portfolio; Hilton, which includes Embassy Suites, Hilton Garden Inn, DoubleTree/DoubleTree Suites by Hilton, Curio Collection, Homewood Suites, Hilton and Tapestry Collection; Hyatt, which includes Hyatt House, Hyatt Place and Hyatt Centric, and Wyndham. The firm's hotel properties include Embassy Suites Milpitas Silicon Valley, Hyatt House San Ramon and Moxy Denver Cherry Creek.

Industry: Real Estate Investment Trusts Peers: Apple Hospitality REIT, Inc. DiamondRock Hospitality Co Ryman Hospitality Properties, Inc. Park Hotels & Resorts Inc. HOST HOTELS & RESORTS, INC. Service Properties Trust Pebblebrook Hotel Trust Sunstone Hotel Investors, Inc. Xenia Hotels & Resorts, Inc.