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
Total Revenue $1.2b
$1.4b +16.92%
$1.8b +29.86%
$1.6b -11.07%
$473.1m -69.79%
$785.7m +66.07%
$1.2b +51.93%
$1.3b +11.05%
$1.4b +3.31%
$1.3b -1.43%
$1.4b +2.35%
General and Administrative Expense $31.5m $40.5m $49.2m $45.3m $41.1m $47.5m $56.3m $59.0m $54.8m $47.6m $50.3m
Amortization of Intangible Assets $5.7m $10.2m $1.1m
Operating Lease, Expense $13.1m $15.9m $16.7m $16.3m $15.7m
Operating Expenses $939.6m $1.2b $1.5b $1.3b $730.2m $980.6m $1.1b $1.2b $1.2b $1.2b $1.2b
Total property operating expenses $957.2m $391.6m $511.5m $744.4m $834.7m $877.9m $887.5m
Operating Income (Loss) $220.4m
$181.1m -17.81%
$199.7m +10.22%
$125.6m -37.08%
($356.8m) -384.04%
($309.9m) +13.15%
$43.7m +114.11%
$77.9m +78.06%
$69.8m -10.38%
$29.7m -57.44%
$132.7m +346.62%
Interest Expense $58.8m $78.3m $101.6m $91.3m $100.2m $106.4m $93.2m $98.8m $111.4m $112.3m $105.1m
Interest income $1.7m $3.0m $4.9m $8.7m $4.2m $996k $4.6m $19.7m $17.3m $13.6m $13.2m
Gain (Loss) on Investments $2.7m $0 $0
(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)
Other Nonoperating Income (Expense) $303k $269k $2.8m $1.2m $1.9m ($7.6m) $9.5m $4.4m $5.3m $3.5m
Income (Loss) from Equity Method Investments $0 $133k $636k ($1.7m) ($8.5m) ($477k) $457k $419k $459k ($100k)
Other income, net $303k $269k $2.8m $1.2m $1.9m ($7.6m) $9.5m $4.4m $5.3m $3.5m ($4.4m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $209.5m $117.9m $199.7m $125.6m ($356.8m) ($309.9m) $43.7m $77.9m $69.8m $29.7m $28.8m
Income Tax Expense (Benefit) $8.2m $42.1m $8.8m ($3.8m) $52.0m $1.2m $1.5m $1.3m $1.6m $1.1m $1.1m
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%
$1.2m -95.84%
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%
$1.2m -65.03%
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable $907k
Preferred Stock Dividends and Other Adjustments $496k $1.5m $186k $0 $25.1m
Preferred Stock Dividends, Income Statement Impact $8 $25 $25 $25 $25 $25 $25 $25 $25 $25.1m
Earnings Per Share, Basic $1.61 $0.47 $0.93 $0.59 ($2.61) ($2.01) $0.10 $0.32 $0.27 $0.01 $0.01
Earnings Per Share, Diluted $1.61 $0.47 $0.93 $0.59 ($2.61) ($2.01) $0.10 $0.32 $0.27 $0.01 $0.01
Common Stock, Dividends, Per Share, Declared $0.00 $1.32 $1.32 $1.32 $0.04 $0.04 $0.12 $0.36 $0.50 $0.60
Weighted-average number of common shares (in shares) $123.9m $140.7m $174.3m $171.4m $164.5m $164.0m $162.3m $156.6m $153.5m $149.9m
Weighted Average Number of Shares Outstanding, Basic 123.7m 140.6m 174.2m 171.3m 164.5m 164.0m 161.9m 155.9m 152.9m 149.7m 149.4m
Weighted Average Number of Shares Outstanding, Diluted 123.9m 140.7m 174.3m 171.4m 164.5m 164.0m 162.3m 156.6m 153.5m 149.9m 149.9m
Additional Financial Items
Business Combination, Acquisition Related Costs $192k $44.4m $2.1m $1.2m ($158k) $94k ($345k) $223k $320k $410k
Depreciation and amortization $162.5m $187.0m $241.6m $211.6m $194.2m $187.8m $184.9m $179.1m $179.4m $186.4m $188.9m
Property tax, insurance and other $77.3m $91.4m $135.1m $119.3m $103.5m $88.9m $87.0m $100.2m $107.0m $101.3m
Transaction costs $192k $44.4m $2.1m $1.2m ($158k) $94k ($345k) $223k $320k $410k
Loss on extinguishment of indebtedness, net $0 $0 $6.0m ($214k) $0 $893k ($39k) ($169k) ($129k) ($47k)
Income before equity in (loss) income from unconsolidated joint ventures $163.6m $108.7m $199.0m $127.3m ($348.4m) ($309.4m) $43.3m $77.5m $69.3m $29.8m
Equity in (loss) income from unconsolidated joint ventures $0 $133k $636k ($1.7m) ($8.5m) ($477k) $457k $419k $459k ($100k)
Noncontrolling interest in consolidated joint ventures $55k $117k $17k $289k $2.3m $4.4m ($210k) $35k $45k ($30k)
Noncontrolling interest in the Operating Partnership ($907k) $291k $719k ($487k) $2.0m $1.5m ($80k) ($247k) ($215k) ($15k)
Preferred dividends $0 ($8.4m) ($25.1m) ($25.1m) ($25.1m) ($25.1m) ($25.1m) ($25.1m) ($25.1m) ($25.1m)
Unrealized loss on interest rate derivatives ($33.5m) ($49.5m) $41.3m $63.6m ($17.9m) ($8.9m) ($11.9m)
Comprehensive income $213.0m $89.5m $198.2m $93.7m ($458.3m) ($259.2m) $99.9m $58.7m $59.3m $16.7m
Comprehensive income attributable to RLJ $212.1m $88.6m $196.0m $93.3m ($454.0m) ($253.2m) $99.6m $58.5m $59.1m $16.6m
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

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.