RLJ Q2 2022 Earnings — RLJ Lodging Trust Revenue & Financial Results | Market Cap Arena

RLJRLJ Lodging Trust

$1B

Q2 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$331M+70.3% YoY

Gross Profit

$117M35.4% margin

Operating Income

$104M31.4% margin

Net Income

$33M10.0% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+36.1%

Cash Flow

Operating Cash Flow

$106M

Free Cash Flow

$79M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$2.5B

Stockholders' Equity

$2.4B

Cash & Equivalents

$511M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$331M	$194M	+70.3%
Gross Profit	$117M	$49M	+138.7%
Operating Income	$104M	-$10M	+1142.3%
Net Income	$33M	-$51M	+164.1%

Revenue Segments

Occupancy

$281M85%

Food and Beverage

$31M9%

Hotel, Other

$19M6%

Geographic Segments

Other Markets

$53M16%

Northern California

$41M12%

South Florida

$37M11%

Southern California

$36M11%

New York City

$20M6%

Chicago, Illinois

$18M6%

Washington, D.C.

$16M5%

Louisville, Kentucky

$15M5%

Boston, MA

$14M4%

Austin, Texas

$13M4%

Atlanta, Georgia

$12M4%

Houston, Texas

$12M4%

New Orleans, Louisiana

$12M4%

Pittsburgh, Pennsylvannia

$11M3%

Denver, Colorado

$11M3%

Charleston, South Carolina

$10M3%