PEB Q3 2024 Earnings — Pebblebrook Hotel Trust Revenue & Financial Results | Market Cap Arena

PEBPebblebrook Hotel Trust

$1B

Q3 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$405M+2.2% YoY

Gross Profit

$112M27.7% margin

Operating Income

$47M11.6% margin

Net Income

$44M10.8% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$76M

Free Cash Flow

$76M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$2.9B

Stockholders' Equity

$2.8B

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$405M	$396M	+2.2%
Gross Profit	$112M	$113M	-0.8%
Operating Income	$47M	-$26M	+280.7%
Net Income	$44M	-$57M	+176.4%

Revenue Segments

Occupancy

$263M65%

Food and Beverage

$96M24%

Hotel, Other

$46M11%

Geographic Segments

San Diego, California

$102M25%

Boston, Massachusetts

$78M19%

Los Angeles, California

$50M12%

Southern Florida And Georgia

$46M11%

San Francisco, California

$36M9%

Portland, Oregon

$26M6%

Chicago, Illinois

$26M6%

Other

$26M6%

DISTRICT OF COLUMBIA

$16M4%