DiamondRock Hospitality Co

Listed Company

DRHCIK 0001298946NasdaqLarge AcceleratedReal Estate Investment TrustsFY ends Dec 31

Period

FY 2025

Revenue

$1.12B

Net Income

$101.43M

Total Assets

$3.00B

Equity

$1.45B

Shares Out

204.49M

Op. Cash Flow

$243.65M

DRH$12.55+58.66% · past yearDBEQ Basic

Daily closing prices

Business

DiamondRock Hospitality Company is a self-managed REIT that owns a portfolio of 35 premium hotels and resorts with 9,595 rooms across 26 U.S. markets, positioned in urban and destination-resort locations. The company owns but does not operate its hotels, which are managed by third parties under global brands (Marriott, Hilton, IHG) or as independent properties, with the company receiving net operating profits after management and brand fees. DiamondRock pursues value creation through active asset management, including rebranding, renovation, and repositioning strategies, while maintaining a conservative balance sheet to maximize flexibility across the lodging cycle.

Summary from 10-K filed 2026-02-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total revenues	1,120	1,130	1,075	1,002	567
Depreciation and amortization	113	114	111	109	103
Impairment losses	1	34	941,000	3	127
Corporate expenses	34	53	32	32	33
Business interruption insurance income	0	0	−647,000	−499,000	−705,000
Total operating expenses, net	958	1,019	925	840	723
Interest expense	63	66	65	38	—
Interest (income) and other (income) expense, net	−7	−4	−3	1	−947,000
Loss on debt extinguishment	6	0	0	10	0
Total other expenses, net	62	61	63	49	36
Income before income taxes	101	50	87	112	−192
Income tax benefit (expense)	1	−2	−317,000	−3	−3
Net income	102	48	87	110	−195
Less: Net income attributable to noncontrolling interests	−509,000	−203,000	−295,000	−377,000	821,000
Net income attributable to the Company	101	48	86	109	−195
Distributions to preferred stockholders	−10	−10	−10	−10	−10
Net income attributable to common stockholders	92	38	77	100	−204
Earnings per share available to common stockholdersbasic (in dollars per share)	0.44	0.18	0.36	0.47	−0.96
Earnings per share available to common stockholdersdiluted (in dollars per share)	0.44	0.18	0.36	0.47	−0.96
Basic (in shares)	206	210	212	212	212
Diluted (in shares)	208	211	212	213	212
Unrealized gain (loss) on interest rate derivative instruments	−5	353,000	−3	0	0
Unrealized loss on Rabbi trust assets	349,000	326,000	591,000	0	0
Amounts reclassified from other comprehensive income	−718,000	0	0	—	—
Comprehensive income	97	49	85	110	−195
Comprehensive income attributable to noncontrolling interests	−484,000	−209,000	−288,000	−377,000	821,000
Comprehensive income attributable to the Company	96	49	84	109	−195

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Property and equipment, net	2,596	2,631	2,755	2,748	2,651
Assets held for sale	0	93	0	—	—
Right-of-use assets	89	90	98	99	100
Restricted cash	35	47	46	40	37
Due from hotel managers	138	146	145	177	121
Prepaid and other assets	77	83	74	76	17
Cash and cash equivalents	68	81	122	68	39
Total assets	3,004	3,172	3,239	3,208	2,965
Debt, net of unamortized debt issuance costs	1,099	1,095	1,177	1,186	1,067
Lease liabilities	87	85	113	111	109
Due to hotel managers	110	122	117	124	85
Liabilities of assets held for sale	0	3	0	—	—
Deferred rent	77	74	69	65	61
Unfavorable contract liabilities, net	57	58	60	61	63
Accounts payable and accrued expenses	84	79	40	43	51
Distributions declared and unpaid	26	49	6	13	0
Deferred income related to key money, net	7	8	8	9	8
Total liabilities	1,547	1,573	1,590	1,611	1,444
Preferred stock, $0.01 par value; 10,000,000 shares authorized: 8.250% Series A Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share), no shares issued and outstanding at December 31, 2025; 4,760,000 shares issued and outstanding at December 31, 2024	0	48,000	48,000	48,000	48,000
Common stock, $0.01 par value; 400,000,000 shares authorized; 203,703,182 and 207,592,210 shares issued and outstanding at December 31, 2025 and 2024, respectively	2	2	2	2	2
Additional paid-in capital	2,114	2,269	2,291	2,288	—
Accumulated other comprehensive loss	−6	−1	−2	0	—
Distributions in excess of earnings	−662	−679	−649	−701	−781
Total stockholders' equity	1,448	1,590	1,642	1,590	1,515
Noncontrolling interests	9	9	7	6	6
Total equity	1,457	1,599	1,649	1,596	1,521
Total liabilities and equity	3,004	3,172	3,239	3,208	2,965

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Corporate asset depreciation as corporate expenses	204,000	121,000	192,000	220,000	226,000
Non-cash lease expense and other amortization	5	6	6	6	7
Non-cash interest rate swap fair value adjustment	0	0	2	−14	8
Amortization of debt issuance costs	2	2	2	2	3
Impairment losses	1	34	941,000	3	127
Amortization of deferred income related to key money	−341,000	−431,000	−431,000	−423,000	−329,000
Share-based compensation	7	12	9	8	9
Deferred income tax expense	−3	−449,000	−975,000	−781,000	468,000
Prepaid expenses and other assets	6	−4	−4	−10	3
Due to/from hotel managers	−3	3	24	−24	−63
Accounts payable and accrued expenses	7	10	420,000	7	−2
Net cash provided by operating activities	244	224	238	206	−2
Capital expenditures	−82	−82	−86	−68	—
Property acquisitions	0	−31	−33	−182	−227
Net proceeds from sale of hotel property	89	0	0	0	214
Acquisition of interest in land	0	0	−2	0	0
Net cash provided by (used in) investing activities	7	−112	−121	−249	−62
Mortgage debt principal payments	−296	−82	−10	−15	−15
Repurchases of common stock	−37	−26	−2	−12	0
Proceeds from senior unsecured term loan	300	0	0	800	0
Draws on senior unsecured credit facility	60	0	0	110	206
Repayments of senior unsecured credit facility	−60	0	0	−200	−171
Payment of financing costs	−12	0	0	−14	−1
Distributions on common stock and units	−98	−26	−32	−6	−119,000
Distributions on preferred stock	−10	−10	−10	−10	−10
Redemption of preferred stock	−119	0	0	0	0
Shares redeemed to satisfy tax withholdings on vested share-based compensation	−5	−7	−3	−828,000	−1
Net cash used in financing activities	−277	−151	−57	74	5
Net (decrease) increase in cash and cash equivalents, and restricted cash	−26	−38	60	32	−59
Cash paid for interest	59	64	60	48	42
Cash paid for income taxes, net of refunds	531,000	5	3	7	2
Accrued capital expenditures	3	5	5	8	7
Redemption of Operating Partnership units for common stock	0	0	365,000	214,000	2

Filings

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Frequently asked questions

What is DiamondRock Hospitality Co's CIK number?

DiamondRock Hospitality Co's SEC CIK number is 0001298946 (1298946). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find DiamondRock Hospitality Co's SEC filings?

All of DiamondRock Hospitality Co's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did DiamondRock Hospitality Co last report earnings?

DiamondRock Hospitality Co (DRH) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001298946-26-000024). This is DiamondRock Hospitality Co's most recent earnings filing of record — not a forecast of its next earnings date.

What is DiamondRock Hospitality Co's most recent earnings 8-K?

DiamondRock Hospitality Co's latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001298946-26-000024. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View DiamondRock Hospitality Co's latest earnings 8-K →
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