RLJ Q1 2022 Earnings — RLJ Lodging Trust Revenue & Financial Results | Market Cap Arena

RLJRLJ Lodging Trust

$1B

Q1 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$243M+103.8% YoY

Gross Profit

$61M25.3% margin

Operating Income

$47M19.5% margin

Net Income

-$15M-6.3% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$10M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$2.5B

Stockholders' Equity

$2.4B

Cash & Equivalents

$479M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$243M	$119M	+103.8%
Gross Profit	$61M	$11M	+476.6%
Operating Income	$47M	-$151,000	+31406.6%
Net Income	-$15M	-$78M	+80.4%

Revenue Segments

Occupancy

$206M85%

Food and Beverage

$21M9%

Hotel, Other

$16M7%

Geographic Segments

South Florida

$44M18%

Other Markets

$41M16%

Southern California

$27M11%

Northern California

$23M9%

Chicago, Illinois

$11M4%

Houston, Texas

$10M4%

Austin, Texas

$10M4%

Washington, D.C.

$9M4%

New York City

$9M4%

Atlanta, Georgia

$9M4%

New Orleans, Louisiana

$9M3%

Denver, Colorado

$9M3%

Charleston, South Carolina

$8M3%

Orlando, Florida

$8M3%

Tampa, FL

$8M3%

Louisville, Kentucky

$8M3%

Pittsburgh, Pennsylvannia

$6M3%