DRH Q3 2022 Earnings — DiamondRock Hospitality Company Revenue & Financial Results | Market Cap Arena

DRHDiamondRock Hospitality Company

$2B

Q3 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$268M+49.4% YoY

Gross Profit

$82M30.7% margin

Operating Income

$75M27.9% margin

Net Income

$28M10.6% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

-4.7%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$66M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.8B

Stockholders' Equity

$1.6B

Cash & Equivalents

$314M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$268M	$179M	+49.4%
Gross Profit	$82M	$54M	+53.4%
Operating Income	$75M	$11M	+601.9%
Net Income	$28M	-$2M	+1712.2%

Revenue Segments

Occupancy

$185M69%

Food and Beverage

$62M23%

Hotel, Owned

$21M8%