Braemar Hotels & Resorts Inc.
Braemar Hotels & Resorts Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Affiliated Entity | 17 | 17 | 14 | -1 | 4 | 0 | 3 | -1 | 4 | 1 | 2 | - | |||||
Related Party | 0 | 17 | -1 | -1 | 25 | 23 | 19 | -23 | 24 | 18 | 0 | 0 | |||||
Nonrelated Party | 28 | 17 | -1 | -1 | 25 | 23 | 3 | -7 | 24 | 18 | -1 | 15 | |||||
Series B Preferred Stock | 0 | 0 | 0 | -3 | 3 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | |||||
Series E Preferred Stock | 0 | 0 | 0 | -14 | 14 | 0 | -1 | -0 | 16 | 0 | -0 | 0 | |||||
Series M Preferred Stock | 0 | 0 | 0 | -1 | 1 | 0 | -0 | -0 | 2 | 0 | -0 | 0 | |||||
Series D Preferred Stock | 2 | 2 | 0 | 0 | 2 | 2 | 0 | 0 | 2 | 2 | 0 | 0 | |||||
Assets | |||||||||||||||||
Available For Sale Debt Securities Amortized Cost … | - | 0 | 17 | 17 | 42 | 42 | - | - | - | - | - | - | |||||
Property Plant And Equipment Gross | 1,906 | 1,902 | 2,126 | 2,272 | 2,258 | 2,253 | 2,271 | 2,270 | 2,388 | 2,383 | 2,365 | 2,361 | |||||
Accumulated Depreciation Depletion And Amortizatio… | -362 | -344 | -447 | -495 | -488 | -474 | -481 | -470 | -512 | -499 | -483 | -470 | |||||
Property Plant And Equipment Net | 1,545 | 1,558 | 1,679 | 1,777 | 1,770 | 1,779 | 1,790 | 1,800 | 1,876 | 1,884 | 1,882 | 1,890 | |||||
Cash And Cash Equivalents At Carrying Value | 93 | 124 | 116 | 80 | 82 | 135 | 169 | 115 | 137 | 86 | 149 | 128 | |||||
Restricted Cash | 55 | 42 | 48 | 55 | 55 | 50 | 48 | 52 | 82 | 81 | 57 | 63 | |||||
Available For Sale Securities Debt Securities | - | 0 | 17 | 17 | 42 | 42 | 41 | - | - | 0 | - | - | |||||
Accounts Receivable Net | 37 | 33 | 33 | 33 | 40 | 32 | 32 | 32 | 41 | 39 | 36 | 33 | |||||
Inventory Net | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Prepaid Expense Current And Noncurrent | 8 | 7 | 5 | 6 | 10 | 5 | 6 | 5 | 11 | 10 | 14 | 18 | |||||
Deferred Costs Current And Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Equity Method Investments | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Derivative Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 3 | 5 | 6 | |||||
Operating Lease Right Of Use Asset | 31 | 31 | 34 | 35 | 35 | 35 | 34 | 34 | 78 | 78 | 79 | 79 | |||||
Other Assets | 18 | 15 | 20 | 20 | 23 | 20 | 21 | 19 | 19 | 18 | 18 | 17 | |||||
Finite Lived Intangible Assets Net | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | - | - | - | - | - | 125 | - | - | - | - | |||||
Assets | 1,849 | 1,862 | 2,009 | 2,064 | 2,098 | 2,136 | 2,178 | 2,212 | 2,281 | 2,227 | 2,268 | 2,262 | |||||
Liabilities | |||||||||||||||||
Long Term Debt | 1,106 | 1,103 | 1,165 | 1,211 | 1,203 | 1,210 | 1,208 | 1,128 | 1,223 | 1,162 | 1,179 | 1,136 | |||||
Accounts Payable And Accrued Liabilities Current A… | 140 | 142 | 150 | 131 | 136 | 144 | 145 | 130 | 144 | 150 | 144 | 135 | |||||
Shares Subject To Mandatory Redemption Settlement … | 47 | 31 | - | - | - | 0 | - | - | - | - | - | - | |||||
Dividends Payable Current And Noncurrent | 4 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |||||
Derivative Liabilities | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | - | - | 113 | - | - | - | - | |||||
Operating Lease Liability | 20 | 20 | 20 | 20 | 20 | 20 | 19 | 19 | 60 | 60 | 60 | 61 | |||||
Other Liabilities | 25 | 26 | 25 | 27 | 27 | 24 | 24 | 24 | 23 | 23 | 23 | 23 | |||||
Liabilities | 1,347 | 1,337 | 1,373 | 1,403 | 1,402 | 1,414 | 1,412 | 1,427 | 1,466 | 1,408 | 1,416 | 1,369 | |||||
Redeemable Noncontrolling Interest Equity Carrying… | 16 | 19 | 19 | 18 | 26 | 30 | 31 | 32 | 33 | 32 | 33 | 35 | |||||
Preferred Stock Value Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Additional Paid In Capital | 708 | 706 | 727 | 727 | 721 | 719 | 719 | 719 | 719 | 718 | 718 | 717 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | - | 0 | -0 | -0 | 0 | -1 | -1 | - | - | 0 | - | - | |||||
Retained Earnings Accumulated Deficit | -562 | -569 | -516 | -502 | -483 | -478 | -442 | -437 | -412 | -412 | -378 | -341 | |||||
Stockholders Equity | 147 | 141 | 208 | 222 | 235 | 241 | 277 | 282 | 307 | 307 | 341 | 376 | |||||
Minority Interest | 2 | 2 | -4 | -3 | -3 | -3 | -3 | -10 | -10 | -9 | -14 | -13 | |||||
Liabilities And Stockholders Equity | 1,849 | 1,862 | 2,009 | 2,064 | 2,098 | 2,136 | 2,178 | 2,212 | 2,281 | 2,227 | 2,268 | 2,262 | |||||
Allowance For Doubtful Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Temporary Equity | |||||||||||||||||
Temporary Equity Dividend Rate Percentage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Temporary Equity Shares Outstanding | - | 15 | - | - | - | 14 | - | - | - | 14 | - | - | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Number Of… | |||||||||||||||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | |||||
Preferred Stock Dividend Rate Percentage | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | |||||
Common Stock Shares Issued | 69 | 68 | 68 | 68 | 67 | 67 | 67 | 67 | 66 | 67 | 66 | 66 | |||||
Shares Outstanding | 69 | 68 | 68 | 68 | 67 | 67 | 67 | 67 | 66 | 67 | 66 | 66 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -10.55% | -28.73% | -18.91% | - | - | - | - | - | - | - | - | - |
| 2025 | 14.57% | 30.65% | 21.94% | 43.96% | 33.31% | 25.44% | -1.84% | 7.72% | 9.23% | -7.60% | -4.00% | -1.60% |
| 2024 | 2.95% | -3.98% | 45.73% | 1.63% | 7.19% | -1.77% | 2.02% | -11.02% | -25.12% | -25.07% | -31.14% | -23.04% |
| 2023 | 6.84% | 3.09% | -7.17% | -15.38% | -13.19% | -20.09% | -12.69% | -4.90% | -7.56% | 6.82% | 39.23% | 48.27% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 0.79 | 0.73 | 0.87 | 1.23 | 1.16 | 1.19 | 1.23 | 0.60 | 0.68 | 0.65 | 0.77 | 0.88 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.22 | -0.27 | -0.35 | -0.18 | -0.21 | -0.19 | 0.13 | -0.11 | -0.07 | -0.12 | -0.08 | -0.02 | |||||
| Free Cash Flow Per Share TTM | -0.40 | -0.55 | -0.46 | -0.29 | -0.25 | -0.06 | -0.07 | 0.04 | -0.05 | 0.12 | 0.16 | 0.40 | |||||
| Dividend Per Share TTM | 0.51 | 0.53 | 0.71 | 0.74 | 0.76 | 0.78 | 0.78 | 0.79 | 0.80 | 0.80 | 0.72 | 0.60 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 30.24% | 30.09% | 30.32% | 30.50% | 30.85% | 31.12% | 31.55% | 32.23% | 32.57% | 32.22% | 32.05% | 32.69% | |||||
| Operating Profit Margin TTM | 10.79% | 10.28% | 12.39% | 17.96% | 16.97% | 17.68% | 17.86% | 8.22% | 8.93% | 8.34% | 9.26% | 9.58% | |||||
| Net Profit Margin TTM | -9.37% | -10.33% | -13.60% | -6.81% | -7.69% | -6.99% | 4.56% | -3.90% | -2.47% | -4.14% | -2.82% | -0.88% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -3.86% | -3.35% | -2.84% | -3.68% | -2.42% | -1.48% | -0.11% | 1.25% | 2.78% | 10.42% | 16.72% | 25.96% | |||||
| Net Income Growth (1Y) | 17.19% | 42.71% | -389.70% | 68.17% | 203.42% | 66.34% | -261.50% | 348.89% | -363.49% | -258.30% | -273.03% | -148.26% | |||||
| EPS Growth (1Y) | 14.30% | 40.34% | -382.49% | 66.22% | 202.10% | 65.06% | -259.81% | 344.20% | -363.66% | -267.17% | -286.51% | -151.88% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -2.47 | -2.67 | -1.89 | -3.26 | -2.82 | -3.64 | 5.62 | -5.26 | -6.38 | -4.63 | -7.43 | -33.88 | |||||
| P/B TTM | 1.10 | 1.38 | 0.88 | 0.72 | 0.67 | 0.78 | 0.68 | 0.54 | 0.38 | 0.48 | 0.45 | 0.58 | |||||
| P/S TTM | 0.23 | 0.28 | 0.26 | 0.22 | 0.22 | 0.25 | 0.26 | 0.21 | 0.16 | 0.19 | 0.21 | 0.30 | |||||
| Market Cap | 161.50M | 194.07M | 183.04M | 159.10M | 157.33M | 185.26M | 187.88M | 152.63M | 117.23M | 141.87M | 153.81M | 219.09M | |||||
| Enterprise Value | 1.12B | 1.17B | 1.18B | 1.29B | 1.28B | 1.21B | 1.18B | 1.11B | 1.12B | 1.14B | 1.13B | 1.16B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -27.09M | -37.13M | -31.24M | -19.53M | -16.65M | -3.78M | -4.47M | 2.77M | -3.30M | 7.60M | 10.29M | 26.17M | |||||
| Net Debt | 957.29M | 979.10M | 1.00B | 1.13B | 1.12B | 1.02B | 990.88M | 961.49M | 1.00B | 995.94M | 971.89M | 944.49M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Braemar Hotels & Resorts Inc. (BHR) — SEC Financial Statements & Analysis
Braemar Hotels & Resorts Inc. (BHR) is a real estate investment trusts company, incorporated in MD. Braemar Hotels & Resorts Inc. trades on NYSE as: BHR, BHR-PB, BHR-PD. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Braemar Hotels & Resorts Inc. reported a -3.86% year-over-year revenue growth, a Gross Profit Margin of 30.24% (TTM), a Price-to-Sales (P/S) ratio of 0.23x (TTM), a Price-to-Book (P/B) ratio of 1.1 (TTM), at a market cap of $161.50M. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -3.86%
- Gross Profit Margin TTM
- 30.24%
- P/S TTM
- 0.23x
- P/B TTM
- 1.1
- Market Cap
- $161.50M
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Braemar Hotels & Resorts Inc. in?
Braemar Hotels & Resorts Inc. (BHR) operates in the Real Estate Investment Trusts industry.
What is BHR's market cap?
Braemar Hotels & Resorts Inc. (BHR) has a market capitalization of $161.50M as of 2026-03-31.
What exchange does BHR trade on?
Braemar Hotels & Resorts Inc. (BHR) trades on the NYSE.
Where is Braemar Hotels & Resorts Inc. incorporated?
Braemar Hotels & Resorts Inc. is incorporated in MD.