PEB Q1 2023 Earnings — Pebblebrook Hotel Trust Revenue & Financial Results | Market Cap Arena

PEBPebblebrook Hotel Trust

$1B

Q1 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$306M+18.5% YoY

Gross Profit

$63M20.4% margin

Operating Income

$5M1.7% margin

Net Income

-$23M-7.5% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$12M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$6.1B

Total Liabilities

$3.1B

Stockholders' Equity

$2.9B

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$306M	$258M	+18.5%
Gross Profit	$63M	$53M	+17.4%
Operating Income	$5M	-$78M	+106.7%
Net Income	-$23M	-$100M	+77.0%

Revenue Segments

Occupancy

$196M64%

Food and Beverage

$76M25%

Hotel, Other

$34M11%

Geographic Segments

Southern Florida And Georgia

$71M23%

San Diego, California

$67M22%

Los Angeles, California

$43M14%

Boston, Massachusetts

$43M14%

San Francisco, California

$32M10%

Portland, Oregon

$15M5%

DISTRICT OF COLUMBIA

$14M4%

Chicago, Illinois

$11M3%

Other

$8M3%

Seattle, Washington

$3M1%