RLJ · Rlj Lodging Trust - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · RLJ

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.35B	$1.37B	$1.33B	$1.19B	$785.66M	$473.09M
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	$47.64M	$54.80M	$59.00M	$56.33M	$47.53M	$41.14M
Total Operating Expenses	$1.22B	$1.22B	$1.17B	$1.07B	$980.62M	$730.18M
D&A	$186.36M	$179.43M	$179.10M	$184.88M	$187.78M	$194.17M
Operating Income	$29.80M	$69.33M	$77.45M	$43.28M	($309.42M)	($348.38M)
Interest Expense	$112.30M	$111.36M	$98.81M	$93.16M	$106.37M	$100.17M
Income Tax	$1.15M	$1.60M	$1.26M	$1.52M	$1.19M	$51.97M
Net Income	$28.51M	$68.02M	$76.41M	$41.92M	($305.17M)	($404.44M)
EPS - Basic	$0.01	$0.27	$0.32	$0.10	($2.01)	($2.61)
EPS - Diluted	$0.01	$0.27	$0.32	$0.10	($2.01)	($2.61)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$410.16M	$409.81M	$516.67M	$481.32M	$665.34M	$899.81M
Accounts Receivable	-	-	-	-	-	-
Inventory	-	-	-	-	-	-
Accounts Payable	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-
Total Assets	$4.74B	$4.88B	$4.92B	$4.98B	$5.15B	$5.62B
Current Liabilities	-	-	-	-	-	-
Long-term Debt	$2.20B	$2.22B	$2.22B	$2.22B	$2.41B	$2.59B
Total Liabilities	$2.56B	$2.59B	$2.57B	$2.55B	$2.74B	$2.93B
Stockholders' Equity	$2.17B	$2.28B	$2.34B	$2.41B	$2.40B	$2.67B
Retained Earnings	($1.18B)	($1.09B)	($1.06B)	($1.05B)	($1.05B)	($710.16M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$243.80M	$285.42M	$315.14M	$256.52M	$42.96M	($168.71M)
Investing Cash Flow	($57.36M)	($275.73M)	($134.75M)	($135.51M)	($24.63M)	($66.69M)
Financing Cash Flow	($177.70M)	($131.69M)	($161.45M)	($298.49M)	($239.25M)	$243.03M
CapEx	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	2.2%	5.1%	5.8%	3.6%	-39.4%	-73.6%
EBITDA margin	16.0%	18.2%	19.4%	19.1%	-15.5%	-32.6%
Net margin	2.1%	5.0%	5.8%	3.5%	-38.8%	-85.5%
Free cash flow margin	-	-	-	-	-	-
FCF / Net income	-	-	-	-	-	-
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	3.5%	4.0%	4.5%	4.7%	6.0%	8.7%
Effective tax rate	3.9%	2.3%	1.6%	3.5%	-	-
Return on assets	0.6%	1.4%	1.6%	0.8%	-5.9%	-7.2%
Return on equity	1.3%	3.0%	3.3%	1.7%	-12.7%	-15.2%
Return on invested capital	0.7%	1.5%	1.7%	0.9%	-5.1%	-5.2%
Liquidity
Current ratio	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-
Leverage
Debt / Equity	1.01	0.97	0.95	0.92	1.00	0.97
Debt / Assets	0.46	0.45	0.45	0.45	0.47	0.46
Debt / EBITDA	10.16	8.92	8.66	9.72	-	-
Interest coverage	0.3x	0.6x	0.8x	0.5x	-2.9x	-3.5x
Equity multiplier	2.19	2.14	2.11	2.06	2.15	2.11
Liabilities / Assets	0.54	0.53	0.52	0.51	0.53	0.52
Efficiency
Asset turnover	0.28	0.28	0.27	0.24	0.15	0.08
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	745.0x	37.8x	36.6x	105.9x	-	-
P / B	0.5x	0.7x	0.8x	0.7x	1.0x	0.9x
P / S	0.8x	1.1x	1.4x	1.4x	2.9x	4.9x
EV / EBITDA	13.4x	13.6x	13.8x	15.1x	-	-
Growth
Revenue growth (YoY)	-1.4%	3.3%	11.1%	51.9%	66.1%	-69.8%
Revenue CAGR (3y)	4.2%	20.3%	41.0%	-8.7%	-23.6%	-29.6%
Revenue CAGR (5y)	23.3%	-2.6%	-5.5%	-2.5%	-7.5%	-16.1%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-57.0%	-10.5%	79.0%	-	11.2%	-
Net income growth (YoY)	-58.1%	-11.0%	82.2%	-	24.5%	-
EPS growth (YoY)	-96.3%	-15.6%	220.0%	-	23.0%	-
EPS CAGR (3y)	-53.6%	-	-	-44.7%	-	-
EPS CAGR (5y)	-	-14.5%	-19.2%	-26.6%	-	-
FCF growth (YoY)	-	-	-	-	-	-
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	-5.0%	-2.2%	-3.2%	0.7%	-10.1%	-16.7%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$1.35B total

Reportable Segment$1.35B · 100.0%

Product / service

$1.35B total

Occupancy$1.09B · 81.0%

Food And Beverage$158.22M · 11.7%

Hotel Other$98.38M · 7.3%

Geographic

$1.35B total

Other Markets$419.73M · 31.1%

Northern California$170.10M · 12.6%

Southern California$165.19M · 12.2%

South Florida$148.66M · 11.0%

New York City$90.52M · 6.7%

Chicago Illinois$67.89M · 5.0%

Louisville Kentucky$64.38M · 4.8%

Washington D.C.$58.11M · 4.3%

Charleston SC$56.70M · 4.2%

Boston$55.17M · 4.1%

Houston Texas$53.41M · 4.0%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✓Long-term debt decreased
-Current ratio improved
✓No share dilution
-Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Real Estate Investment Trusts

Company	Revenue (last FY)	Net margin	ROE
UMH	$261.75M	2.3%	0.7%
ARE	-	-	-9.2%
VTR	$5.83B	4.3%	2.0%
SPG	$6.36B	72.7%	88.8%
NYSE: KRC	$1.11B	0.0%	0.0%

Comparing RLJ Lodging Trust against the 5 most active filers in the same SIC group.

Dividends

$0.60/share trailing 12 months · +9.1% YoY

Ex-date	Per share
Mar 31, 2026	$0.1500
Dec 31, 2025	$0.1500
Sep 30, 2025	$0.1500
Jun 30, 2025	$0.1500
Mar 31, 2025	$0.1500
Dec 31, 2024	$0.1500
Sep 30, 2024	$0.1500
Jun 28, 2024	$0.1000
Mar 27, 2024	$0.1000
Dec 28, 2023	$0.1000
Sep 28, 2023	$0.1000
Jun 29, 2023	$0.0800
Mar 30, 2023	$0.0800
Dec 29, 2022	$0.0500
Sep 29, 2022	$0.0500
Jun 29, 2022	$0.0100
Mar 30, 2022	$0.0100
Dec 30, 2021	$0.0100
Sep 29, 2021	$0.0100
Jun 29, 2021	$0.0100
Mar 30, 2021	$0.0100
Dec 30, 2020	$0.0100
Sep 29, 2020	$0.0100
Jun 29, 2020	$0.0100