DRH Q3 2023 Earnings — DiamondRock Hospitality Company Revenue & Financial Results | Market Cap Arena

DRHDiamondRock Hospitality Company

$2B

Q3 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$277M+3.1% YoY

Gross Profit

$152M55.1% margin

Operating Income

$00.0% margin

Net Income

$27M9.9% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

-5.1%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$17M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$1.6B

Stockholders' Equity

$1.6B

Cash & Equivalents

$103M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$277M	$268M	+3.1%
Gross Profit	$152M	$82M	+84.9%
Operating Income	$0	$75M	-100.0%
Net Income	$27M	$28M	-4.2%

Revenue Segments

Occupancy

$186M67%

Food and Beverage

$65M23%

Hotel, Owned

$25M9%