← Braemar Hotels & Resorts Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $405.9m $414.1m $431.4m $487.6m $227.0m $427.5m $669.6m $739.3m $728.4m $704.0m
Revenue from Contract with Customer, Including Assessed Tax — — $431.4m $487.6m — — — — — —
Cost of Revenue $344.4m $367.1m $272.6m $323.6m $190.0m $287.0m $445.5m $501.2m $501.7m $492.2m
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $344.4m $367.1m $272.6m $323.6m $190.0m $287.0m $445.5m $501.2m $501.7m $492.2m
Gross Profit (Calculated) (derived) $61.4m $47.0m $158.8m $164.0m $37.0m $140.5m $224.1m $238.2m $226.7m $211.8m
Operating expenses:
Operating Income (Loss) $47.1m $38.8m $65.8m $64.4m ($79.9m) $1.4m $68.4m $61.7m $128.8m $72.4m
Additional Financial Items
Income (Loss) from Equity Method Investments ($2.6m) $0 ($234k) ($199k) ($217k) ($252k) ($328k) ($253k) ($1.6m) ($56k)
Amortization of Intangible Assets $314k $301k $549k $651k — — — — — —
Debt and Equity Securities, Unrealized Gain (Loss) — — — — — $0 $0 $2.3m ($684k) ($2.7m)
Gain (Loss) Related to Litigation Settlement — — — — — $917k $114k $0 $0 —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $25.9m $27.8m $5.0m $3.0m $129.1m $31.6m $23.4m ($51.9m) $6.5m ($39.3m)
Preferred Stock Dividends, Income Statement Impact $3.9m $6.8m $7.2m $10.1m $10.2m $8.7m $21.5m $42.3m $40.3m $35.3m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $25.9m $27.8m $5.0m $3.0m ($129.1m) ($31.6m) $23.4m ($27.9m) $20.6m ($26.4m)
Gain (Loss) on Derivative Instruments, Net, Pretax — — — — — — — ($663k) $585k ($355k)
Net Income (Loss) Attributable to Parent $19.3m $23.0m $1.3m $371k ($105.3m) ($26.7m) $17.8m ($27.0m) ($1.7m) ($22.3m)
Net Income (Loss) Available to Common Stockholders, Basic $15.5m $16.2m ($5.9m) ($9.8m) ($115.5m) ($40.0m) ($10.7m) ($74.0m) ($50.9m) ($72.7m)
Net Income (Loss) Attributable to Noncontrolling Interest $3.1m $3.3m $2.0m $2.0m $6.4m $2.6m $2.1m $1.6m $25.9m $325k
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest $3.1m $3.3m $2.0m $2.0m ($6.4m) ($2.6m) $2.1m $1.6m $25.9m ($325k)
Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable $1.9m $2.0m ($751k) ($1.2m) ($13.0m) ($3.6m) ($476k) ($5.2m) ($4.5m) ($5.8m)
Earnings Per Share, Basic $0.57 $0.52 ($0.19) ($0.32) ($3.39) ($0.76) ($0.15) ($1.13) ($0.77) ($1.07)
Earnings Per Share, Diluted $0.55 $0.51 ($0.19) ($0.32) ($3.39) ($0.76) ($0.15) ($1.13) ($0.77) ($1.07)
Common Stock, Dividends, Per Share, Declared $0.46 $0.64 $0.64 $0.64 — — $0.08 $0.20 $0.20 $0.20
Preferred Stock, Dividends Per Share, Declared — — — $1.38 $-0.00 $-0.00 — — — —
Weighted Average Number of Shares Outstanding, Basic 26.6m 30.5m 31.9m 32.3m 34.0m 52.7m 69.7m 66.0m 66.5m 67.6m
Weighted Average Number of Shares Outstanding, Diluted 31.2m 34.7m 31.9m 32.3m 34.0m 52.7m 69.7m 66.0m 66.5m 67.6m
General and Administrative Expense $14.3m $8.1m $4.2m $5.4m $6.7m $8.7m $18.1m $13.5m $14.4m $11.8m
Business Combination, Acquisition Related Costs $457k $6.7m $949k $704k $0 $563k $0 $0 — —
Current Income Tax Expense (Benefit) $485k ($1.1m) $3.2m $1.0m ($3.5m) $1.5m $4.0m $1.4m $938k $920k
Environmental Remediation Expense — $4.9m — — — — — — — —
Interest Expense, Debt $40.9m $38.9m $49.7m $54.5m $45.1m $30.9m $52.2m $94.2m $108.1m $98.5m
Operating Lease, Expense — $335k $335k — — — — — — —
Income Tax Expense (Benefit) $1.6m ($522k) $2.4m $1.8m ($4.4m) $1.3m $4.0m $2.7m $842k $2.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.