DRH Q1 2023 Earnings — DiamondRock Hospitality Company Revenue & Financial Results | Market Cap Arena

DRHDiamondRock Hospitality Company

$2B

Q1 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$244M+23.7% YoY

Gross Profit

$61M25.1% margin

Operating Income

$53M21.8% margin

Net Income

$9M3.8% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-4.5%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$36M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$1.6B

Stockholders' Equity

$1.6B

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$244M	$197M	+23.7%
Gross Profit	$61M	$49M	+24.8%
Operating Income	$53M	$43M	+24.0%
Net Income	$9M	$10M	-8.7%

Revenue Segments

Occupancy

$161M66%

Food and Beverage

$60M25%

Hotel, Owned

$23M9%