DRH Q4 2023 Earnings — DiamondRock Hospitality Company Revenue & Financial Results | Market Cap Arena

DRHDiamondRock Hospitality Company

$2B

Q4 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$264M+3.3% YoY

Gross Profit

$141M53.3% margin

Operating Income

$26M10.0% margin

Net Income

$11M4.2% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-4.7%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$35M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$1.6B

Stockholders' Equity

$1.6B

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$264M	$255M	+3.3%
Gross Profit	$141M	$89M	+57.9%
Operating Income	$26M	$36M	-26.5%
Net Income	$11M	$18M	-40.3%

Revenue Segments

Occupancy

$173M66%

Food and Beverage

$67M25%

Hotel, Owned

$24M9%