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RLJ Lodging Trust

RLJ Clue Score38
United States Fiscal year ends December CIK 0001511337
$11.21 +0.09% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $11.21 −24.36% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,160.0Operating income220.4Net income200.4EPS, diluted1.61Fiscal year 2017Revenue1,356.3 +16.9%Operating income181.1Net income74.8 −62.6%EPS, diluted0.47 −70.8%Fiscal year 2018Revenue1,761.2 +29.9%Net income188.6 +152.1%EPS, diluted0.93 +97.9%Fiscal year 2019Revenue1,566.2 −11.1%Net income127.8 −32.2%EPS, diluted0.59 −36.6%Fiscal year 2020Revenue473.1 −69.8%Net income−404.4 −416.4%EPS, diluted−2.61 −542.4%Fiscal year 2021Revenue785.7 +66.1%Net income−305.2EPS, diluted−2.01Fiscal year 2022Revenue1,193.7 +51.9%Net income41.9EPS, diluted0.10Fiscal year 2023Revenue1,325.6 +11.1%Net income76.4 +82.2%EPS, diluted0.32 +220.0%Fiscal year 2024Revenue1,369.4 +3.3%Net income68.0 −11.0%EPS, diluted0.27 −15.6%Fiscal year 2025Revenue1,349.9 −1.4%Net income28.5 −58.1%EPS, diluted0.01 −96.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,160.0 1,356.3 1,761.2 1,566.2 473.1 785.7 1,193.7 1,325.6 1,369.4 1,349.9
Growth +16.9% +29.9% −11.1% −69.8% +66.1% +51.9% +11.1% +3.3% −1.4%
Operating income 220.4 181.1 n/a n/a n/a n/a n/a n/a n/a n/a
Net income 200.4 74.8 188.6 127.8 −404.4 −305.2 41.9 76.4 68.0 28.5
Growth −62.6% +152.1% −32.2% −416.4% +82.2% −11.0% −58.1%
EPS, diluted 1.61 0.47 0.93 0.59 −2.61 −2.01 0.10 0.32 0.27 0.01
Growth −70.8% +97.9% −36.6% −542.4% +220.0% −15.6% −96.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin19.0%Net margin17.3%Free cash flow margin28.5%Fiscal year 2017Operating margin13.4%Net margin5.5%Free cash flow margin19.2%Fiscal year 2018Net margin10.7%Free cash flow margin22.4%Fiscal year 2019Net margin8.2%Fiscal year 2020Net margin−85.5%Fiscal year 2021Net margin−38.8%Fiscal year 2022Net margin3.5%Fiscal year 2023Net margin5.8%Fiscal year 2024Net margin5.0%Fiscal year 2025Net margin2.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 19.0% 13.4% n/a n/a n/a n/a n/a n/a n/a n/a
Net margin 17.3% 5.5% 10.7% 8.2% −85.5% −38.8% 3.5% 5.8% 5.0% 2.1%
Free cash flow margin 28.5% 19.2% 22.4% n/a n/a n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow331.4Capital expenditure−0.3Free cash flow331.1Buybacks−13.3Dividends paid−164.4Fiscal year 2017Operating cash flow260.6Capital expenditure−0.2Free cash flow260.4 −21.4%Buybacks−2.6Dividends paid−169.9Fiscal year 2018Operating cash flow394.8Capital expenditure−0.3Free cash flow394.6 +51.5%Buybacks−21.8Dividends paid−231.2Fiscal year 2019Operating cash flow397.3Buybacks−77.8Dividends paid−228.3Fiscal year 2020Operating cash flow−168.7Buybacks−62.6Dividends paid−61.0Fiscal year 2021Operating cash flow43.0Buybacks0.0Dividends paid−6.7Fiscal year 2022Operating cash flow256.5Buybacks−57.6Dividends paid−13.3Fiscal year 2023Operating cash flow315.1Buybacks−76.0Dividends paid−49.2Fiscal year 2024Operating cash flow285.4Buybacks−22.0Dividends paid−69.8Fiscal year 2025Operating cash flow243.8Buybacks−28.6Dividends paid−91.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 331.4 260.6 394.8 397.3 −168.7 43.0 256.5 315.1 285.4 243.8
Capital expenditure −0.3 −0.2 −0.3 n/a n/a n/a n/a n/a n/a n/a
Free cash flow 331.1 260.4 394.6 n/a n/a n/a n/a n/a n/a n/a
Growth −21.4% +51.5%
Buybacks −13.3 −2.6 −21.8 −77.8 −62.6 0.0 −57.6 −76.0 −22.0 −28.6
Dividends paid −164.4 −169.9 −231.2 −228.3 −61.0 −6.7 −13.3 −49.2 −69.8 −91.4

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash456.7Total debt1,582.7Net cash (debt)−1,126.0Shareholders’ equity2,221.9Debt to equity0.71Fiscal year 2017Cash586.5Total debt2,880.5Net cash (debt)−2,294.0Shareholders’ equity3,503.0Debt to equity0.82Fiscal year 2018Cash320.1Total debt2,202.7Net cash (debt)−1,882.5Shareholders’ equity3,429.8Debt to equity0.64Fiscal year 2019Cash882.5Total debt2,195.7Net cash (debt)−1,313.2Shareholders’ equity3,202.3Debt to equity0.69Fiscal year 2020Cash899.8Total debt2,587.7Net cash (debt)−1,687.9Shareholders’ equity2,666.5Debt to equity0.97Fiscal year 2021Cash665.3Total debt2,409.4Net cash (debt)−1,744.1Shareholders’ equity2,397.6Debt to equity1.00Fiscal year 2022Cash481.3Total debt2,217.6Net cash (debt)−1,736.2Shareholders’ equity2,414.7Debt to equity0.92Fiscal year 2023Cash516.7Total debt2,220.8Net cash (debt)−1,704.1Shareholders’ equity2,336.9Debt to equity0.95Fiscal year 2024Cash409.8Total debt2,220.1Net cash (debt)−1,810.3Shareholders’ equity2,284.6Debt to equity0.97Fiscal year 2025Cash410.2Total debt2,197.2Net cash (debt)−1,787.1Shareholders’ equity2,169.5Debt to equity1.01
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 456.7 586.5 320.1 882.5 899.8 665.3 481.3 516.7 409.8 410.2
Total debt 1,582.7 2,880.5 2,202.7 2,195.7 2,587.7 2,409.4 2,217.6 2,220.8 2,220.1 2,197.2
Net cash (debt) −1,126.0 −2,294.0 −1,882.5 −1,313.2 −1,687.9 −1,744.1 −1,736.2 −1,704.1 −1,810.3 −1,787.1
Shareholders’ equity 2,221.9 3,503.0 3,429.8 3,202.3 2,666.5 2,397.6 2,414.7 2,336.9 2,284.6 2,169.5
Debt to equity 0.71 0.82 0.64 0.69 0.97 1.00 0.92 0.95 0.97 1.01

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
19.0% 13.4% n/a n/a n/a n/a n/a n/a n/a n/a
18.1% 8.7% 11.3% 8.0% −75.4% −39.4% 3.7% 5.9% 5.1% 2.2%
17.3% 5.5% 10.7% 8.2% −85.5% −38.8% 3.5% 5.8% 5.0% 2.1%
28.5% 19.2% 22.4% n/a n/a n/a n/a n/a n/a n/a
Spending
2.7% 3.0% 2.8% 2.9% 8.7% 6.0% 4.7% 4.5% 4.0% 3.5%
0.0% 0.0% 0.0% n/a n/a n/a n/a n/a n/a n/a
3.9% 35.7% 4.4% −3.0% n/a n/a 3.5% 1.6% 2.3% 3.9%
Returns
9.0% 2.1% 5.5% 4.0% −15.2% −12.7% 1.7% 3.3% 3.0% 1.3%
5.0% 1.1% 3.1% 2.2% −7.2% −5.9% 0.8% 1.6% 1.4% 0.6%
Balance and payout
0.71 0.82 0.64 0.69 0.97 1.00 0.92 0.95 0.97 1.01
44.4% 47.5% 41.7% 44.9% 52.2% 53.1% 51.2% 52.2% 52.9% 54.0%
82.0% 227.1% 122.6% 178.6% n/a n/a 31.7% 64.4% 102.6% 320.5%
53.7% 66.3% 64.1% n/a n/a n/a n/a n/a n/a n/a