PEB Q4 2023 Earnings — Pebblebrook Hotel Trust Revenue & Financial Results | Market Cap Arena

PEBPebblebrook Hotel Trust

$1B

Q4 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$334M+4.5% YoY

Gross Profit

$70M20.9% margin

Operating Income

-$16M-4.8% margin

Net Income

-$43M-12.8% margin

EPS (Diluted)

$-0.37

QoQ Revenue Growth

-15.6%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

-$27M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.8B

Total Liabilities

$3.0B

Stockholders' Equity

$2.8B

Cash & Equivalents

$184M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$334M	$320M	+4.5%
Gross Profit	$70M	$62M	+12.0%
Operating Income	-$16M	-$12M	-37.2%
Net Income	-$43M	-$41M	-4.9%

Revenue Segments

Occupancy

$467M64%

Food and Beverage

$182M25%

Hotel, Other

$81M11%

Geographic Segments

Boston, Massachusetts

$71M21%

San Diego, California

$67M20%

Southern Florida And Georgia

$57M17%

Los Angeles, California

$44M13%

San Francisco, California

$32M10%

Chicago, Illinois

$18M5%

Portland, Oregon

$17M5%

DISTRICT OF COLUMBIA

$17M5%

Other

$11M3%