RLJ Q3 2023 Earnings — RLJ Lodging Trust Revenue & Financial Results | Market Cap Arena

RLJRLJ Lodging Trust

$1B

Q3 2023 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$334M+5.2% YoY

Gross Profit

$94M28.1% margin

Operating Income

$00.0% margin

Net Income

$16M4.9% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-6.4%

Cash Flow

Operating Cash Flow

$111M

Free Cash Flow

$75M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$2.6B

Stockholders' Equity

$2.4B

Cash & Equivalents

$495M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$334M	$318M	+5.2%
Gross Profit	$94M	$99M	-4.9%
Operating Income	$0	$85M	-100.0%
Net Income	$16M	$18M	-6.6%

Revenue Segments

Occupancy

$277M83%

Food and Beverage

$34M10%

Hotel, Other

$23M7%

Geographic Segments

Other Markets

$106M32%

Southern California

$46M14%

Northern California

$44M13%

South Florida

$27M8%

Chicago, Illinois

$22M6%

New York City

$21M6%

Boston, MA

$16M5%

Washington, D.C.

$15M5%

Louisville, Kentucky

$15M4%

Houston, Texas

$12M4%

Austin, Texas

$10M3%