RLJ Q4 2022 Earnings — RLJ Lodging Trust Revenue & Financial Results | Market Cap Arena

RLJRLJ Lodging Trust

$1B

Q4 2022 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$302M+27.0% YoY

Gross Profit

$86M28.3% margin

Operating Income

$70M23.2% margin

Net Income

$7M2.2% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$15M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$2.5B

Stockholders' Equity

$2.4B

Cash & Equivalents

$481M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$302M	$238M	+27.0%
Gross Profit	$86M	$61M	+40.3%
Operating Income	$70M	$49M	+43.2%
Net Income	$7M	-$28M	+123.8%

Revenue Segments

Occupancy

$249M82%

Food and Beverage

$34M11%

Hotel, Other

$19M6%

Geographic Segments

Other Markets

$250M55%

Northern California

$36M8%

Southern California

$32M7%

South Florida

$31M7%

New York City

$24M5%

Boston, MA

$17M4%

Chicago, Illinois

$16M4%

Washington, D.C.

$13M3%

Austin, Texas

$12M3%

Houston, Texas

$12M3%

Louisville, Kentucky

$12M3%