Braemar Hotels & Resorts Inc. logo BHR - Braemar Hotels & Resorts Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $9.83 DETAILS
HIGH: $17.00
LOW: $3.50
MEDIAN: $9.00
CONSENSUS: $9.83
UPSIDE: 294.78%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue
Revenue 704.0 728.4 739.3 669.6 427.5 227.0 487.6 431.4 414.1 405.9 349.5 307.3 233.5 221.2 192.0
Cost of Revenue 711.6 574.7 570.9 505.1 344.7 218.5 372.1 312.2 302.1 294.3 250.5 215.7 158.2 149.0 128.2
Gross Profit (8.0) 153.7 168.5 164.5 82.9 8.5 115.5 119.2 112.0 111.6 99.1 91.6 75.3 72.2 63.8
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 11.7 14.4 13.5 18.1 8.7 25.1 5.4 25.8 20.7 32.3 25.3 17.7 13.2 11.5 9.6
Other Expenses (63.0) 10.6 93.3 78.0 72.7 63.2 45.7 (0.3) (0.4) (0.2) 1.2 40.7 (2.0) 29.5 9.7
Operating Expenses (51.1) 24.9 106.8 96.1 81.4 88.4 51.1 68.1 60.4 64.0 52.5 46.0 42.4 40.4 39.4
Operating Income
Operating Income 43.1 128.8 61.7 68.4 1.4 (79.9) 64.4 65.8 38.8 47.1 46.0 43.8 19.4 31.8 24.4
Interest Expense 88.4 108.1 94.2 52.2 30.9 45.1 54.5 49.7 38.9 40.9 37.8 39.0 33.0 31.2 31.8
Interest Income 6.2 7.1 6.4 2.7 0.0 0.2 1.1 1.6 0.7 0.2 0.0 0.0 0.0 0.0 0.0
Profitability
EBITDA 165.1 227.9 160.0 154.2 73.6 (9.8) 128.2 90.5 93.3 90.6 78.8 84.1 63.8 61.1 63.9
EBIT 72.1 128.7 66.3 75.6 (0.7) (84.0) 57.5 54.7 66.7 66.8 33.4 43.7 19.4 31.8 34.1
Income Before Tax (26.4) 20.6 (27.9) 23.4 (31.6) (129.1) 3.0 5.0 27.8 25.9 (4.4) 4.6 (15.6) 0.6 2.3
Income Tax Expense 2.0 0.8 2.7 4.0 1.3 (4.4) 1.8 2.4 (0.5) 1.6 0.3 1.1 2.3 4.4 2.6
Net Income (22.3) (1.7) (27.0) 17.8 (26.7) (105.3) 0.4 1.3 23.0 19.3 (6.7) 1.9 (11.8) (4.5) 0.6
Per Share Data
EPS (Basic) -0.36 -0.77 -1.13 -0.15 -0.62 -3.67 0.04 0.04 0.52 0.57 -0.26 0.08 -0.73 -0.28 0.04
EPS (Diluted) -0.36 -0.77 -1.13 -0.15 -0.62 -3.67 0.04 0.04 0.51 0.55 -0.26 0.07 -0.73 -0.28 0.04
Shares Outstanding 67.6 66.5 66.0 69.7 52.7 34.0 32.3 31.9 30.5 26.6 25.9 24.5 16.0 16.0 16.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 124.4 135.5 85.6 261.5 216.0 78.6 72.0 182.6 137.5 126.8
Short-Term Investments 0 0 2.8 0 0 0 0 0 0 0
Net Receivables 32.8 31.8 56.9 79.0 52.9 13.6 19.1 17.7 36.2 37.0
Inventory 4.7 4.7 5.0 5.2 3.1 2.6 2.8 1.9 1.4 1.5
Other Current Assets 0 85.9 80.9 54.2 47.4 52.2 81.1 80.3 51.5 41.5
Total Current Assets 161.9 258.1 241.2 407.0 323.8 146.9 175.0 282.4 226.6 206.8
Non-Current Assets
Property, Plant & Equipment 30.7 1,813.5 78.4 79.4 80.5 1,505.8 1,564.0 1,299.9 1,145.8 1,014.5
Goodwill 0 0 0 0 0 0 0 0 0 0
Intangible Assets 2.7 3.1 3.5 3.9 4.3 4.6 5.0 27.7 22.5 22.8
Long-Term Investments 1,558.4 41.7 1.7 1.7 1.7 1.7 1.9 11.9 18.1 8.4
Other Non-Current Assets (1,558.4) 19.6 1,902.0 1,905.7 1,469.3 14.9 13.0 1,314.5 1,156.5 1,019.0
Total Non-Current Assets 33.5 1,878.0 1,985.6 1,990.7 1,555.7 1,527.1 1,584.0 1,354.1 1,197.2 1,050.2
Total Assets 1,861.7 2,136.1 2,226.8 2,397.7 1,879.5 1,674.0 1,758.9 1,636.5 1,423.8 1,257.0
Current Liabilities
Account Payables 0 84.9 100.5 134.0 96.3 61.6 93.8 64.1 56.8 44.8
Short-Term Debt 74.3 293.2 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 (366.6) (200.1) (566.1)
Other Current Liabilities 0 71.5 65.7 0 0 6.1 11.9 229.1 0 374.1
Total Current Liabilities 74.3 454.0 166.1 154.3 100.6 68.7 110.1 78.5 68.4 58.4
Non-Current Liabilities
Long-Term Debt 1,080.1 916.8 1,162.4 1,334.1 1,172.7 1,130.6 1,058.5 619.3 821.0 195.5
Deferred Tax Liabilities 0 0 0 0 0 0 0 (1,093.4) 3.6 3.6
Other Non-Current Liabilities 162.2 24.3 19.3 414.3 126.9 18.1 17.5 395.6 5.2 574.1
Total Non-Current Liabilities 1,262.3 959.9 1,242.1 1,809.1 1,360.6 1,209.6 1,137.1 1,014.9 826.2 769.7
Total Liabilities 1,336.6 1,413.9 1,408.3 1,963.4 1,461.1 1,278.2 1,247.2 1,093.4 894.5 828.1
Stockholders' Equity
Common Stock 0.7 0.7 0.7 0.7 0.7 0.4 0.3 0.3 0.3 0.3
Retained Earnings (568.5) (477.8) (412.2) (324.7) (309.2) (266.0) (150.6) (115.4) (88.8) (93.3)
Accumulated Other Comprehensive Income 0 (0.7) 0 0 0 0 0 0 0 0
Total Stockholders' Equity 504.0 695.6 795.1 410.1 398.8 383.2 476.2 503.6 487.4 374.8
Total Liabilities & Equity 1,861.7 2,136.1 2,226.8 2,397.7 1,879.5 1,674.0 1,758.9 1,636.5 1,423.8 1,257.0
Debt Metrics
Total Debt 1,174.4 1,230.0 1,222.8 1,394.8 1,233.6 1,191.5 1,119.6 985.9 821.0 764.6
Net Debt 1,050.1 1,094.5 1,137.2 1,133.3 1,017.6 1,112.9 1,047.6 803.3 683.4 637.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income (22.3) 19.8 (30.6) 19.3 (32.9) (124.7) 1.2 2.6 28.3 24.3
Depreciation & Amortization 93.0 99.2 93.7 78.6 74.3 74.2 70.8 57.6 52.4 46.0
Stock-Based Compensation 0 2.6 9.2 11.3 10.2 7.9 7.9 7.0 (1.3) 4.2
Change in Working Capital (10.4) 20.9 6.9 5.4 11.1 (3.4) (1.4) 0.0 13.0 (2.3)
Other Non-Cash Items (19.5) (75.6) 4.1 (5.2) 1.5 (3.4) (13.0) 4.3 (22.5) (16.2)
Operating Cash Flow 40.8 66.8 84.7 109.5 64.0 (50.3) 66.3 70.7 70.6 57.1
Investing Activities
Capital Expenditure (77.9) 0 (0.1) 0 (25.6) (25.6) 0 (197.2) (188.1) 59.3
Acquisitions (19.8) (0.1) (0.2) (0.3) (0.2) (0.0) 0.3 (2) (248.2) 0
Purchases of Investments 0 (42.3) 0 0 (17.8) (0.0) 0 (2) 248.2 0
Sales/Maturities of Investments 288.3 0 0 0 43.5 25.6 0 65.3 2.3 43.5
Other Investing Activities 4.8 77.9 (76.8) (401.9) (41.4) (16.5) (226.7) 32.4 11.9 (2.5)
Investing Cash Flow 195.3 35.5 (77.1) (402.2) (41.7) (16.5) (226.4) (166.8) (173.9) 100.3
Financing Activities
Net Debt Issuance (115.3) 49.9 (163.7) 102 (1.0) 61.5 72.4 174.4 59.3 (73.3)
Stock Repurchased (77.6) (0.4) (26.5) (7.4) (0.4) (0.3) (0.4) (0.3) (0.4) (39.2)
Dividends Paid (47.3) (51.6) (52.6) (20.8) (9.1) (16.2) (33.4) (30.3) (27.1) (16.9)
Other Financing Activities (14.2) (36.1) (2.1) (6.9) (0.9) (9.2) (7.2) (12.5) 92.3 (10.5)
Financing Cash Flow (254.3) (83.8) (156.8) 345.1 128.0 49.6 32.1 169.2 124.0 (135.6)
Cash Position
Net Change in Cash (18.2) 18.6 (149.2) 52.3 150.2 (17.2) (128.1) 73.1 20.7 21.8
Cash at Beginning 185.1 166.5 315.7 263.4 113.2 130.4 258.5 185.3 164.6 105.0
Cash at End 166.8 185.1 166.5 315.7 263.4 113.2 130.4 258.5 185.3 126.8
Free Cash Flow (37.1) 66.8 84.6 109.5 38.3 (75.8) 66.3 (126.5) (117.5) 116.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Income Statement
Revenue 704.0 728.4 739.3 669.6 427.5 227.0 487.6 431.4 414.1 405.9 349.5 307.3 233.5 221.2 192.0
Gross Profit (8.0) 153.7 168.5 164.5 82.9 8.5 115.5 119.2 112.0 111.6 99.1 91.6 75.3 72.2 63.8
Operating Income 43.1 128.8 61.7 68.4 1.4 (79.9) 64.4 65.8 38.8 47.1 46.0 43.8 19.4 31.8 24.4
Net Income (22.3) (1.7) (27.0) 17.8 (26.7) (105.3) 0.4 1.3 23.0 19.3 (6.7) 1.9 (11.8) (4.5) 0.6
EPS (Diluted) -0.36 -0.77 -1.13 -0.15 -0.62 -3.67 0.04 0.04 0.51 0.55 -0.26 0.07 -0.73 -0.28 0.04
Balance Sheet
Cash & Equivalents 124.4 135.5 85.6 261.5 216.0 78.6 72.0 182.6 137.5 126.8
Total Assets 1,861.7 2,136.1 2,226.8 2,397.7 1,879.5 1,674.0 1,758.9 1,636.5 1,423.8 1,257.0
Total Debt 1,174.4 1,230.0 1,222.8 1,394.8 1,233.6 1,191.5 1,119.6 985.9 821.0 764.6
Stockholders' Equity 504.0 695.6 795.1 410.1 398.8 383.2 476.2 503.6 487.4 374.8
Cash Flow
Operating Cash Flow 40.8 66.8 84.7 109.5 64.0 (50.3) 66.3 70.7 70.6 57.1
Capital Expenditure (77.9) 0 (0.1) 0 (25.6) (25.6) 0 (197.2) (188.1) 59.3
Free Cash Flow (37.1) 66.8 84.6 109.5 38.3 (75.8) 66.3 (126.5) (117.5) 116.4