← RLJ Lodging Trust
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $201.3m |
$74.8m
-62.83%
|
$188.6m
+152.08%
|
$127.8m
-32.23%
|
($404.4m)
-416.36%
|
($305.2m)
+24.55%
|
$41.9m
+113.74%
|
$76.4m
+82.24%
|
$68.0m
-10.97%
|
$28.5m
-58.09%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $200.4m |
$66.5m
-66.83%
|
$163.5m
+146.04%
|
$102.7m
-37.18%
|
($429.6m)
-518.15%
|
($330.3m)
+23.11%
|
$16.8m
+105.09%
|
$51.3m
+205.12%
|
$42.9m
-16.35%
|
$3.4m
-92.09%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $201.3m | $75.7m | $190.9m | $129.4m | ($408.8m) | ($311.1m) | $42.2m | $76.6m | $68.2m | $28.6m | — | |
| Depreciation, Depletion and Amortization | $162.5m | $187.0m | $241.6m | $211.6m | $194.2m | $187.8m | $184.9m | $179.1m | $179.4m | $186.4m | $192.6m | |
| Amortization of Debt Issuance Costs | $4.0m | $3.5m | $3.5m | $4.1m | $4.4m | $5.9m | $6.0m | $6.1m | $6.6m | $7.6m | — | |
| Amortization of Intangible Assets | — | $5.7m | $10.2m | $1.1m | — | — | — | — | — | — | — | |
| Amortization of deferred financing costs | $4.0m | $3.5m | $3.5m | $4.1m | $4.4m | $5.9m | $6.0m | $6.1m | $6.6m | $7.6m | — | |
| Non-cash lease expense and other amortization | $751k | ($2.1m) | ($3.1m) | ($2.1m) | ($2.4m) | ($2.1m) | $3.3m | $5.0m | $5.5m | $4.2m | — | |
| Amortization of share-based compensation | $6.0m | $10.6m | $12.3m | $11.5m | $12.4m | $17.1m | $21.7m | $24.3m | $20.8m | $15.3m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $3.3m | $5.0m | $5.5m | $4.2m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $3.3m | $5.0m | $5.5m | $4.2m | $3.7m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $188.1m | $184.1m | $184.9m | $190.5m | $192.6m | |
| Deferred Income Tax Expense (Benefit) | $7.0m | $40.1m | $8.4m | ($6.8m) | $51.4m | $0 | $0 | — | — | — | $0 | |
| Deferred Tax | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Share-based Payment Arrangement, Noncash Expense | $6.0m | $10.6m | $12.3m | $11.5m | $12.4m | $17.1m | $21.7m | $24.3m | $20.8m | $15.3m | $15.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $5.5m | $3.0m | $3.6m | $1.8m | $1.6m | $2.5m | $3.6m | $4.4m | $9.0m | $3.6m | — | |
| Share-based Payment Arrangement, Expense | $57k | $0 | $0 | — | — | — | — | — | — | — | $15.8m | |
| Asset Impairment Charge | — | — | — | — | — | $144.8m | $0 | $0 | — | — | — | |
| Income (Loss) from Equity Method Investments | — | $133k | $636k | ($1.7m) | ($8.5m) | ($477k) | $457k | $419k | $459k | ($100k) | — | |
| Other Nonoperating Income (Expense) | — | — | $2.8m | $1.2m | $1.9m | ($7.6m) | $9.5m | $4.4m | $5.3m | $3.5m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($457k) | ($419k) | ($459k) | $100k | ($43k) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $5.8m | $24.3m | $13.1m | $135k | $16.6m | |
| Increase (Decrease) in Accounts Receivable | $263k | $5.7m | ($5.6m) | ($8.8m) | ($26.4m) | $18.0m | $7.6m | ($12.4m) | ($651k) | $4.3m | ($2.4m) | |
| Hotel and other receivables, net | ($263k) | ($5.7m) | $5.6m | $8.8m | $26.4m | ($18.0m) | ($7.6m) | $12.4m | $651k | ($4.3m) | — | |
| Change In Receivables | — | — | — | — | — | — | ($7.6m) | $12.4m | $651k | ($4.3m) | ($2.4m) | |
| Accounts payable and other liabilities | $2.9m | ($27.6m) | ($20.6m) | ($10.7m) | ($48.8m) | $7.2m | $13.1m | ($11.1m) | $1.9m | ($5.2m) | $9.4m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $14.7m | ($9.2m) | $267k | ($5.5m) | $9.4m | |
| Advance deposits and deferred revenue | $328k | ($5.3m) | $82k | $35.8m | ($25.3m) | ($13.1m) | $3.3m | $8.5m | $7.9m | $10.8m | — | |
| Accrued interest | ($1.4m) | ($9.0m) | ($9.2m) | ($4.9m) | $3.2m | $12.9m | $1.6m | $1.8m | ($1.6m) | ($368k) | — | |
| Change In Accrued Expense | — | — | — | — | — | — | $1.6m | $1.8m | ($1.6m) | ($368k) | ($161k) | |
| Prepaid expense and other assets | ($5.2m) | $3.8m | $351k | ($6.3m) | $19.2m | ($1.1m) | ($4.7m) | $12.6m | $4.2m | ($849k) | — | |
| Improvements and additions to hotel properties and other assets | ($83.8m) | ($103.0m) | ($197.3m) | ($157.4m) | ($73.3m) | ($48.3m) | ($124.3m) | ($132.3m) | ($136.5m) | ($126.4m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $331.4m |
$260.6m
-21.36%
|
$394.8m
+51.51%
|
$397.3m
+0.63%
|
($168.7m)
-142.46%
|
$43.0m
+125.46%
|
$256.5m
+497.10%
|
$315.1m
+22.85%
|
$285.4m
-9.43%
|
$243.8m
-14.58%
|
$267.0m
+9.51%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $283k | $219k | $279k | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | $9.0m | $30.9m | ($9.3m) | $2.7m | ($2.4m) | $1.0m | ($34k) | $8.3m | ($1.5m) | $6.6m | |
| Gain (Loss) on Investments | — | $2.7m | $0 | $0 | — | — | — | — | — | — | $6.2m | |
| Acquisitions, net | — | — | — | $0 | $0 | ($174.7m) | ($59.3m) | $0 | ($158.7m) | $0 | ($404k) | |
| Net cash flow used in investing activities | $173.4m | $65.0m | $277.1m | $530.4m | ($66.7m) | ($24.6m) | ($135.5m) | ($134.7m) | ($275.7m) | ($57.4m) | — | |
| Net Cash Provided by (Used in) Investing Activities | $173.4m | $65.0m | $277.1m | $530.4m | ($66.7m) | ($24.6m) | ($135.5m) | ($134.7m) | ($275.7m) | ($57.4m) | ($35.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | $6.0m | ($214k) | $0 | $893k | ($39k) | ($169k) | ($129k) | ($47k) | — | |
| Loss on extinguishment of indebtedness, net | $0 | $0 | ($6.0m) | $214k | $0 | ($893k) | $39k | $169k | $129k | $47k | — | |
| Borrowings on Term Loans | $0 | $0 | — | — | $0 | $0 | $5.0m | $320.0m | $500.0m | $100.0m | — | |
| Borrowings under Revolver | $51.0m | $0 | $300.0m | $140.0m | $400.0m | $0 | $0 | $0 | $200.0m | $0 | — | |
| Issuance Of Debt | — | — | — | — | — | — | $5.0m | $320.0m | $700.0m | $100.0m | $517.4m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $5.0m | $320.0m | $700.0m | $100.0m | $517.4m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($200.0m) | ($318.7m) | ($700.0m) | ($126.2m) | ($40.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($195.0m) | $1.3m | $0 | ($26.2m) | $477.4m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($195.0m) | $1.3m | $0 | ($26.2m) | $477.4m | |
| Net Short Term Debt Issuance | — | — | — | — | — | ($200.0m) | ($200.0m) | — | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($200.0m) | ($318.7m) | ($700.0m) | ($126.2m) | ($40.0m) | |
| Short Term Debt Issuance | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Short Term Debt Payments | — | — | — | — | — | ($200.0m) | ($200.0m) | — | — | — | — | |
| Payments for Repurchase of Common Stock | $13.3m | $2.6m | $21.8m | $77.8m | $62.6m | $0 | $57.6m | $76.0m | $22.0m | $28.6m | — | |
| Payments of Ordinary Dividends, Common Stock | $164 | $170 | $231 | $228 | $61 | $7 | $13 | $49 | $70 | $91 | ($116.4m) | |
| Proceeds from Issuance of Common Stock | $0 | — | — | — | — | — | — | — | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($13.3m) | ($49.2m) | ($69.8m) | ($91.4m) | ($91.3m) | |
| Common Stock Payments | — | — | — | — | — | — | ($61.2m) | ($80.4m) | ($31.0m) | ($32.1m) | ($4.9m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($61.2m) | ($80.4m) | ($31.0m) | ($32.1m) | ($4.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($61.2m) | ($80.4m) | ($31.0m) | ($32.1m) | ($4.9m) | |
| Dividends Payable | $41 | $65 | $66 | $64 | $9 | $8 | $15 | $22 | $31 | $31 | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($38.4m) | ($74.3m) | ($94.9m) | ($116.5m) | ($116.4m) | |
| Dividend Received CFO | — | — | — | — | — | — | $0 | $0 | $400k | $0 | $0 | |
| Dividends Received CFI | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($25.1m) | ($25.1m) | ($25.1m) | ($25.1m) | ($25.1m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($3.8m) | ($8.1m) | ($5.8m) | ($2.8m) | ($15.2m) | |
| Net cash flow used in financing activities | ($182.3m) |
($190.4m)
-4.46%
|
($946.2m)
-397.00%
|
($385.4m)
+59.27%
|
$243.0m
+163.06%
|
($239.3m)
-198.45%
|
($298.5m)
-24.76%
|
($161.5m)
+45.91%
|
($131.7m)
+18.43%
|
($177.7m)
-34.94%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | ($182.3m) |
($190.4m)
-4.46%
|
($946.2m)
-397.00%
|
($385.4m)
+59.27%
|
$243.0m
+163.06%
|
($239.3m)
-198.45%
|
($298.5m)
-24.76%
|
($161.5m)
+45.91%
|
($131.7m)
+18.43%
|
($177.7m)
-34.94%
|
$340.8m
+291.79%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $542.3m | $7.6m | ($220.9m) | ($177.5m) | $18.9m | ($122.0m) | $8.7m | $973.4m | |
| Cash, cash equivalents, and restricted cash reserves, beginning of year | $523.9m | $659.1m | $384.8m | $927.2m | $934.8m | $713.9m | $536.4m | $555.3m | $433.3m | $442.1m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $713.9m | $536.4m | $555.3m | $433.3m | $401.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $659.1m | $384.8m | $927.2m | $934.8m | $713.9m | $536.4m | $555.3m | $433.3m | $442.1m | $973.4m | |
| Net change in cash, cash equivalents, and restricted cash reserves | $334.2m | $135.2m | ($274.2m) | $542.3m | $7.6m | ($220.9m) | ($177.5m) | $18.9m | ($122.0m) | $8.7m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $5.4m | $1.6m | $3.6m | $10.1m | $4.1m | $14.8m | $1.3m | $7.9m | $5.4m | $2.2m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | $92.7m | $87.2m | $89.8m | $103.7m | $104.3m | — | |
| Income Taxes Paid, Net | $1.3m | $1.2m | $1.8m | $4.1m | $1.5m | $477k | $1.3m | $2.5m | $2.2m | $830k | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $45.9m | $600k | — | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $31.5m | $40.5m | $49.2m | $45.3m | $41.1m | $47.5m | $56.3m | $59.0m | $54.8m | $47.6m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $154.6m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $155.4m | $66.8m | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $8.2m | $42.1m | $8.8m | ($3.8m) | $52.0m | $1.2m | $1.5m | $1.3m | $1.6m | $1.1m | — | |
| Investment Income, Interest | $1.7m | $3.0m | $4.9m | $8.7m | $4.2m | $996k | $4.6m | $19.7m | $17.3m | $13.6m | — | |
| Operating Costs and Expenses | — | — | — | — | — | $511.5m | $744.4m | $834.7m | $877.9m | $887.5m | — | |
| Operating Expenses | $939.6m | $1.2b | $1.5b | $1.3b | $730.2m | $980.6m | $1.1b | $1.2b | $1.2b | $1.2b | — | |
| Operating Lease, Expense | — | — | — | — | — | $13.1m | $15.9m | $16.7m | $16.3m | $15.7m | — | |
| Loss (gain) on sale of hotel properties, net | ($45.9m) | ($9.0m) | ($30.9m) | $9.3m | ($2.7m) | $2.4m | ($1.0m) | $34k | ($8.3m) | $1.5m | — | |
| Equity in loss (income) from unconsolidated joint ventures | $0 | ($133k) | ($636k) | $1.7m | $8.5m | $477k | ($457k) | ($419k) | ($459k) | $100k | — | |
| Distributions of income from unconsolidated joint venture | $0 | $1.9m | $2.6m | $2.0m | $0 | $0 | $0 | $0 | $400k | $0 | — | |
| Proceeds from sales of hotel properties, net | $269.2m | $180.3m | $475.1m | $685.9m | $5.2m | $198.6m | $48.1m | $0 | $19.5m | $69.0m | — | |
| Purchase deposit | — | — | — | — | — | $0 | $0 | ($2.4m) | $0 | $0 | — | |
| Repayments of Revolver | ($51.0m) | $0 | ($300.0m) | ($140.0m) | $0 | ($200.0m) | ($200.0m) | $0 | ($100.0m) | ($100.0m) | — | |
| Repayments of Term Loans | — | — | — | $0 | $0 | ($356.3m) | $0 | ($318.7m) | ($400.0m) | $0 | — | |
| Repayments of mortgage loans | ($3.7m) | ($4.8m) | ($113.1m) | ($374.5m) | $0 | ($149.2m) | $0 | $0 | ($200.0m) | ($26.2m) | — | |
| Repurchase of common shares under share repurchase programs | ($13.3m) | ($2.6m) | ($21.8m) | ($77.8m) | ($62.6m) | $0 | ($57.6m) | ($76.0m) | ($22.0m) | ($28.6m) | — | |
| Repurchase of common shares to satisfy employee tax withholding requirements | ($5.5m) | ($3.0m) | ($3.6m) | ($1.8m) | ($1.6m) | ($2.5m) | ($3.6m) | ($4.4m) | ($9.0m) | ($3.6m) | — | |
| Distributions on preferred shares | $0 | ($6.3m) | ($25.1m) | ($25.1m) | ($25.1m) | ($25.1m) | ($25.1m) | ($25.1m) | ($25.1m) | ($25.1m) | — | |
| Distributions on common shares | ($164.4m) | ($169.9m) | ($231.2m) | ($228.3m) | ($61.0m) | ($6.7m) | ($13.3m) | ($49.2m) | ($69.8m) | ($91.4m) | — | |
| Distributions on Operating Partnership units | ($838k) | ($775k) | ($1.0m) | ($1.2m) | ($428k) | ($18k) | ($54k) | ($225k) | ($340k) | ($449k) | — | |
| Payments of deferred financing costs | ($5.4m) | ($1.6m) | ($3.6m) | ($10.1m) | ($4.1m) | ($14.8m) | ($1.3m) | ($7.9m) | ($5.4m) | ($2.2m) | — | |
| Distribution to consolidated joint venture partner | — | — | — | — | $0 | $0 | $2.6m | $0 | $0 | $181k | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($298.5m) | ($161.5m) | ($131.7m) | ($177.7m) | $340.8m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($135.5m) | ($134.7m) | ($275.7m) | ($57.4m) | ($35.6m) | |
| Change In Account Payable | — | — | — | — | — | — | $13.1m | ($11.1m) | $1.9m | ($5.2m) | $9.4m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($177.5m) | $18.9m | ($122.0m) | $8.7m | — | |
| Change In Interest Payable | — | — | — | — | — | — | $1.6m | $1.8m | ($1.6m) | ($368k) | ($161k) | |
| Change In Other Working Capital | — | — | — | — | — | — | $3.3m | $8.5m | $7.9m | $10.8m | $9.8m | |
| Change In Payable | — | — | — | — | — | — | $13.1m | ($11.1m) | $1.9m | ($5.2m) | $9.4m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($4.7m) | $12.6m | $4.2m | ($849k) | ($31k) | |
| Changes In Cash | — | — | — | — | — | — | ($177.5m) | $18.9m | ($122.0m) | $8.7m | $572.2m | |
| End Cash Position | — | — | — | — | — | — | $536.4m | $555.3m | $433.3m | $442.1m | $973.4m | |
| Financing Cash Flow | — | — | — | — | — | — | ($298.5m) |
($161.5m)
+45.91%
|
($131.7m)
+18.43%
|
($177.7m)
-34.94%
|
$340.8m
+291.79%
|
|
| Free Cash Flow | — | — | — | — | — | — | $256.5m | $315.1m | $285.4m | $243.8m | $267.0m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($1.0m) | $34k | ($8.3m) | $1.5m | $6.2m | |
| Investing Cash Flow | — | — | — | — | — | — | ($135.5m) | ($134.7m) | ($275.7m) | ($57.4m) | ($35.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($59.3m) | $0 | ($158.7m) | $0 | ($404k) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($76.2m) | ($132.3m) | ($117.0m) | ($57.4m) | ($35.6m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($1.4m) | ($216k) | ($8.6m) | $1.7m | $6.6m | |
| Other Non Cash Items | — | — | — | — | — | — | $101k | $6.1m | $6.6m | $7.6m | — | |
| Purchase Of Business | — | — | — | — | — | — | ($59.3m) | $0 | ($158.7m) | $0 | ($404k) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($124.3m) | ($132.3m) | ($136.5m) | ($126.4m) | ($93.5m) | |
| Sale Of Investment Properties | — | — | — | — | — | — | $48.1m | $0 | $19.5m | $69.0m | $57.9m | |
| Stock Based Compensation | — | — | — | — | — | — | $21.7m | $24.3m | $20.8m | $15.3m | $15.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.