RLJRLJ Lodging Trust

$1B

Q3 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$346M+3.4% YoY

Gross Profit

$98M28.3% margin

Operating Income

$40M11.7% margin

Net Income

$21M6.0% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

-6.4%

Cash Flow

Operating Cash Flow

$73M

Free Cash Flow

$38M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$2.6B

Stockholders' Equity

$2.3B

Cash & Equivalents

$385M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$346M	$334M	+3.4%
Gross Profit	$98M	$94M	+4.3%
Operating Income	$40M	$0	—
Net Income	$21M	$16M	+25.4%

Revenue Segments

Occupancy

$284M82%

Food and Beverage

$37M11%

Hotel, Other

$25M7%

Geographic Segments

Other Markets

$108M31%

Southern California

$50M15%

Northern California

$42M12%

South Florida

$28M8%

New York City

$22M6%

Chicago, Illinois

$22M6%

Boston, MA

$18M5%

Louisville, Kentucky

$16M5%

Washington, D.C.

$15M4%

Houston, Texas

$13M4%

Charleston, South Carolina

$12M3%

RLJ Q3 2024 Earnings — RLJ Lodging Trust Revenue & Financial Results | Market Cap Arena