Q4 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$648M+2.3% YoY

Gross Profit

$193M29.8% margin

Operating Income

$121M18.6% margin

Net Income

$69M10.6% margin

EPS (Diluted)

$1.13

QoQ Revenue Growth

+17.8%

Cash Flow

Operating Cash Flow

$167M

Free Cash Flow

$76M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$4.3B

Stockholders' Equity

$549M

Cash & Equivalents

$478M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$648M	$633M	+2.3%
Gross Profit	$193M	$137M	+41.1%
Operating Income	$121M	$124M	-2.7%
Net Income	$69M	$142M	-51.6%

Revenue Segments

Hotel Food And Beverage Banquets

$143M22%

Hotel, Other

$141M22%

Hotel Group Rooms

$108M17%

Hotel Transient Rooms

$80M12%

Hotel Food And Beverage Outlets

$78M12%

Entertainment Admissions And Ticketing

$39M6%

Entertainment Food And Beverage

$35M5%

Entertainment Retail And Other

$23M4%