RLJ Q3 2022 Earnings — RLJ Lodging Trust Revenue & Financial Results | Market Cap Arena

RLJRLJ Lodging Trust

$1B

Q3 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$318M+36.1% YoY

Gross Profit

$99M31.1% margin

Operating Income

$85M26.8% margin

Net Income

$18M5.5% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$87M

Free Cash Flow

$52M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$2.5B

Stockholders' Equity

$2.4B

Cash & Equivalents

$488M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$318M	$234M	+36.1%
Gross Profit	$99M	$64M	+54.2%
Operating Income	$85M	$51M	+65.9%
Net Income	$18M	-$148M	+111.9%

Revenue Segments

Occupancy

$267M84%

Food and Beverage

$31M10%

Hotel, Other

$20M6%

Geographic Segments

Other Markets

$53M17%

Northern California

$46M14%

Southern California

$39M12%

South Florida

$28M9%

Chicago, Illinois

$22M7%

New York City

$19M6%

Boston, MA

$15M5%

Washington, D.C.

$14M4%

Louisville, Kentucky

$14M4%

Pittsburgh, Pennsylvannia

$13M4%

Denver, Colorado

$11M4%

Houston, Texas

$11M4%

Atlanta, Georgia

$11M3%

Austin, Texas

$10M3%

New Orleans, Louisiana

$7M2%

Charleston, South Carolina

$6M2%