DRH Q3 2024 Earnings — DiamondRock Hospitality Company Revenue & Financial Results | Market Cap Arena

DRHDiamondRock Hospitality Company

$2B

Q3 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$285M+3.1% YoY

Gross Profit

$158M55.4% margin

Operating Income

$45M15.6% margin

Net Income

$26M9.3% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-7.8%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$39M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$1.5B

Stockholders' Equity

$1.6B

Cash & Equivalents

$75M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$285M	$277M	+3.1%
Gross Profit	$158M	$152M	+3.8%
Operating Income	$45M	$0	—
Net Income	$26M	$27M	-3.1%

Revenue Segments

Occupancy

$192M68%

Food and Beverage

$66M23%

Hotel, Owned

$27M9%