DiamondRock Hospitality Company is a self-advised real estate investment trust that owns a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 35 premium quality hotels and resorts with approximately 9,600 rooms. The Company has strategically positioned its portfolio to be operated both under leading global brand families as well as independent boutique hotels in the lifestyle segment. DiamondRock Hospitality Company was established on May 26 2004 and incorporated in Maryland.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.1B | $275M | $101M | $162M | 7.0% | -0.8% | 111.1% |
| 2024 | $1.1B | $227M | $48M | $112M | 3.0% | 5.1% | -44.4% |
| 2023 | $1.1B | $259M | $86M | $119M | 5.3% | 7.3% | -21.0% |
| 2022 | $1.0B | $261M | $109M | $-43M | 6.9% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,001.50 | 1,074.87 | 1,129.88 | 1,120.49 |
| Cost Of Revenue | - | 432.36 | 486.48 | 511.95 | 502.14 |
| Gross Profit | - | 569.14 | 588.39 | 617.94 | 618.35 |
| Operating Expense | - | 407.01 | 440.62 | 474.79 | 456.57 |
| Operating Income | - | 162.13 | 147.77 | 143.15 | 161.78 |
| EBITDA | - | 260.85 | 259.24 | 226.93 | 274.64 |
| EBIT | - | 152 | 147.94 | 113.34 | 161.54 |
| Pretax Income | - | 112.31 | 86.95 | 49.79 | 100.71 |
| Tax Provision | - | 2.61 | 0.32 | 1.54 | -1.23 |
| Net Income | - | 109.33 | 86.34 | 48.05 | 101.43 |
| Net Income Common Stockholders | - | 99.51 | 76.52 | 38.23 | 91.62 |
| Total Expenses | - | 839.38 | 927.10 | 986.73 | 958.71 |
| Interest Expense | - | 39.69 | 60.99 | 63.55 | 60.83 |
| Interest Income | 0.95 | - | 2.56 | 4.34 | 6.76 |
| Selling General And Administration | 32.55 | 25.42 | - | - | - |
| Normalized EBITDA | - | 272.96 | 261.57 | 261.10 | 281.57 |
| Normalized Income | - | 121.16 | 88.66 | 81.16 | 106.90 |
| Market Cap | 2,091.52 | 2,091.52 | 2,091.52 | 2,091.52 | 2,091.52 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| DiamondRock Hospitality Companythis co. | DRH | $2.4B | 20.62β discount | 1.44 | 7.0% | 11.69 |
| LXP Industrial Trust | LXP | $3.2B | 26.43 | 1.54 | 5.8% | 10.46 |
| Apple Hospitality REIT, Inc. | APLE | $3.1B | 17.75 | 0.99 | 5.6% | 10.56 |
| Curbline Properties Corp. | CURB | $3.0B | 74.46 | 1.55 | 2.1% | 24.85 |
| Urban Edge Properties | UE |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| $2.7B |
| 32.46 |
| 2.36 |
| 7.3% |
| 14.89 |
| Highwoods Properties, Inc. | HIW | $2.6B | 16.50 | 1.12 | 6.8% | 10.10 |
| Four Corners Property Trust, Inc. | FCPT | $2.6B | 24.84 | 1.71 | 6.9% | 17.72 |
| Uniti Group Inc. | UNIT | $2.4B | 2.23 | 7.64 | 343.1% | 5.31 |
| Getty Realty Corp. | GTY | $2.0B | 25.54 | 1.89 | 7.4% | 16.00 |
| Peer Median | - | 25.19 | 1.63 | 6.8% | 12.72 | |