← Ryman Hospitality Properties, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $134.9m | $341.8m | $280.2m | $247.3m | |
| Net Income (Loss) Attributable to Parent | $159.4m | $176.1m | $264.7m | $128.3m | ($460.8m) | ($194.8m) | $134.9m | $341.8m | $280.2m | $243.4m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $159.4m | $176.1m | $264.7m | $145.8m | ($417.4m) | ($177.0m) | $129.0m | $311.2m | $271.6m | $243.4m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | $264.7m | $128.3m | ($460.8m) | ($194.8m) | $134.9m | $341.8m | $280.2m | $247.3m | |
| Depreciation and amortization | $109.8m | $112.0m | $120.9m | $213.8m | $215.1m | $220.4m | $208.6m | $211.2m | $235.6m | $278.1m | |
| Amortization of Debt Issuance Costs | $4.9m | $5.3m | $5.6m | $7.7m | $7.9m | $8.8m | $9.8m | $10.7m | $10.7m | $11.9m | |
| Amortization of Intangible Assets | — | — | — | $40.2m | $40.2m | $40.2m | $22.7m | $6.8m | $7.8m | $15.4m | |
| Capitalized Computer Software, Amortization | $1.7m | — | — | — | — | — | — | — | — | — | |
| Depreciation | $108.1m | $110.4m | $119.5m | $172.2m | $173.3m | $178.8m | $184.7m | $203.3m | $226.8m | $262.2m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $208.6m | $211.2m | $235.6m | $278.1m | |
| Deferred Income Tax Expense (Benefit) | $321k | ($52.6m) | $10.2m | $14.4m | $26.5m | $4.0m | $8.2m | ($95.8m) | $10.2m | $2.4m | |
| Deferred Income Tax | — | — | — | — | — | — | $8.2m | ($95.8m) | $10.2m | $2.4m | |
| Deferred Tax | — | — | — | — | — | — | $8.2m | ($95.8m) | $10.2m | $2.4m | |
| Share-based Payment Arrangement, Noncash Expense | $6.1m | $6.6m | $7.7m | $7.8m | $8.7m | $12.1m | $15.0m | $15.4m | $13.9m | $14.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $3.2m | $3.8m | $4.2m | $4.0m | $1.7m | $3.5m | $4.5m | $4.4m | $12.3m | $5.5m | |
| Share-based Payment Arrangement, Expense | $6.1m | $6.6m | $7.7m | $7.8m | $8.7m | $12.1m | $15.0m | $15.4m | $13.9m | $14.1m | |
| Income (Loss) from Equity Method Investments | ($2.8m) | ($4.4m) | $125.0m | ($1.1m) | ($6.5m) | ($9.0m) | ($11.0m) | ($17.3m) | $275k | ($10.0m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($494k) | — | ($2.9m) | ($1.5m) | ($2.3m) | ($2.5m) | ($2.9m) | |
| Gain (Loss) on Disposition of Assets | $1.9m | — | — | — | $1.2m | $317k | ($469k) | — | $270k | ($1.3m) | |
| Income Tax Expense (Benefit) | $3.4m | ($49.2m) | $11.7m | $18.5m | $27.1m | $5.0m | $38.8m | ($93.7m) | $13.8m | $7.3m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $225.4m | $241.3m | |
| Other Nonoperating Income (Expense) | $4.2m | $928k | — | — | — | — | — | — | — | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $11.0m | $17.3m | ($275k) | $10.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($7.2m) | $9.7m | $8.3m | $2.8m | ($50.5m) | $54.6m | $40.7m | ($21.6m) | ($15.8m) | ($2.2m) | |
| Payments of Financing Costs | — | $12.3m | $642k | $27.7m | $2.2m | $10.6m | $15.4m | $23.4m | $23.7m | $13.1m | |
| General and Administrative Expense | $29.1m | $33.5m | $30.8m | $36.3m | $28.8m | $38.6m | $43.0m | $42.8m | $41.8m | $42.8m | |
| Investment Income, Interest | $11.5m | $11.8m | $10.5m | $11.8m | $7.3m | $5.7m | $5.8m | $21.4m | $28.0m | $20.3m | |
| Proceeds from Stock Options Exercised | $1.7m | $100k | $0 | — | — | — | — | — | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | $163.0m | $444.3m | $700.4m | $576.2m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $50.7m | $711.9m | ($290.3m) | $567.3m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($189.3m) | ($1.0b) | ($410.4m) | ($1.2b) | |
| Change In Other Working Capital | — | — | — | — | — | — | $6.6m | ($6.6m) | ($3.5m) | $12.3m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $66.4m | $41.5m | $13.9m | $12.3m | |
| Change In Receivables | — | — | — | — | — | — | ($40.7m) | $21.6m | $15.8m | $2.2m | |
| Change In Working Capital | — | — | — | — | — | — | $32.3m | $56.5m | $26.2m | $26.8m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($40.7m) | $21.6m | $15.8m | $2.2m | |
| Changes In Cash | — | — | — | — | — | — | $281.3m | $256.1m | ($124.2m) | ($76.0m) | |
| End Cash Position | — | — | — | — | — | — | $444.3m | $700.4m | $576.2m | $500.2m | |
| Financing Cash Flow | — | — | — | — | — | — | $50.7m | $711.9m | ($290.3m) | $567.3m | |
| Free Cash Flow | — | — | — | — | — | — | $330.4m | $350.3m | $168.6m | $232.4m | |
| Investing Cash Flow | — | — | — | — | — | — | ($189.3m) | ($1.0b) | ($410.4m) | ($1.2b) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $395.4m | $0 | $275.5m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($104.0m) | ($802.0m) | $0 | ($862.0m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($89.5m) | ($206.8m) | ($407.9m) | ($358.2m) | |
| Operating Gains Losses | — | — | — | — | — | — | $11.0m | $17.3m | ($275k) | $10.0m | |
| Other Non Cash Items | — | — | — | — | — | — | $9.8m | $10.7m | $10.7m | $11.9m | |
| Purchase Of Business | — | — | — | — | — | — | ($104.0m) | ($802.0m) | $0 | ($862.0m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($89.5m) | ($206.8m) | ($407.9m) | ($358.2m) | |
| Stock Based Compensation | — | — | — | — | — | — | $15.0m | $15.4m | $13.9m | $14.1m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($1.7m) | ($1.7m) | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $293.6m | $295.8m | $321.9m | $354.7m | ($161.5m) | $111.3m | $419.9m | $557.1m | $576.5m | $590.6m | |
| Cash flows from investing activities: | |||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($89.5m) | ($206.8m) | ($407.9m) | ($358.2m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | ($77.4m) | ($89.5m) | — | — | — | |
| Purchase Of Investment Properties | — | — | — | — | — | ($77.4m) | ($89.5m) | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | ($15.0m) | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | ($1.8m) | $7.2m | $5.4m | ($1.0m) | $1.3m | ($5.6m) | ($839k) | $10.0m | $6.6m | $18.2m | |
| Net Other Investing Changes | — | — | — | — | — | — | $4.2m | ($4.1m) | ($2.5m) | ($13.8m) | |
| Net Cash Provided by (Used in) Investing Activities | ($179.2m) | ($214.5m) | ($423.3m) | ($163.0m) | ($172.6m) | ($289.7m) | ($189.3m) | ($1.0b) | ($410.4m) | ($1.2b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Long-term Debt | — | — | — | $702.5m | — | $600.0m | — | $400.0m | $1.0b | $625.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $288.0m | $905.0m | $1.4b | $758.1m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $288.0m | $905.0m | $1.4b | $758.1m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($209.3m) | $520.5m | $11.9m | $596.2m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($209.3m) | $520.5m | $11.9m | $596.2m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($497.3m) | ($384.5m) | ($1.4b) | ($161.9m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($497.3m) | ($384.5m) | ($1.4b) | ($161.9m) | |
| Proceeds from Issuance of Common Stock | — | — | — | $282.9m | — | — | — | $395.4m | — | $275.5m | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $395.4m | $0 | $275.5m | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $395.4m | $0 | $275.5m | |
| Payments for Repurchase of Common Stock | $24.8m | — | — | — | — | — | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $151.2m | $161.7m | $172.4m | $183.3m | $102.3m | $502k | $5.9m | $176.0m | $266.1m | $285.6m | |
| Dividends Payable | $39.4m | $42.1m | $45.0m | $50.7m | $843k | $386k | $14.1m | $67.9m | $71.4m | $78.8m | |
| Cash Dividends Paid | — | — | — | — | — | — | ($5.9m) | ($176.0m) | ($266.1m) | ($285.6m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($5.9m) | ($176.0m) | ($266.1m) | ($285.6m) | |
| Proceeds from (Payments for) Other Financing Activities | ($19k) | $45k | ($9k) | ($243k) | ($245k) | ($216k) | ($199k) | ($271k) | ($81k) | ($289k) | |
| Net Other Financing Charges | — | — | — | — | — | — | $265.8m | ($28.1m) | ($36.1m) | ($18.9m) | |
| Net Cash Provided by (Used in) Financing Activities | ($111.5m) | ($82.9m) | $171.8m | $79.7m | ($6.5m) | $261.7m | $50.7m | $711.9m | ($290.3m) | $567.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $2.5m | ($2.5m) | $70.4m | $271.3m | ($340.6m) | $83.2m | $281.3m | $256.1m | ($124.2m) | ($76.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $2.5m | ($2.5m) | $149.1m | $420.4m | $79.8m | $163.0m | $444.3m | $700.4m | $576.2m | $500.2m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $281.3m | $256.1m | ($124.2m) | ($76.0m) | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $59.1m | $56.7m | $64.8m | $120.3m | $110.0m | $110.7m | $135.3m | $181.0m | $203.1m | $225.5m | |
| Income Taxes Paid, Net | $1.7m | $4.1m | $1.6m | $3.6m | $1.7m | $500k | $27.0m | $6.5m | $3.0m | $1.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.