Ryman Hospitality Properties, Inc.
Business
Ryman Hospitality Properties is a self-advised REIT owning upscale, group-oriented destination resort hotels and entertainment assets. The hospitality segment includes seven Marriott-managed hotels (five Gaylord Hotels and two JW Marriott properties) with convention and meeting space across the United States. The entertainment segment comprises a controlling interest in the Opry Entertainment Group, which operates the Grand Ole Opry, Ryman Auditorium, WSM-AM radio, Ole Red venues, and other music and entertainment properties.
Summary from 10-K filed 2026-02-24
Financials
Consolidated Statement of Income
| Concept | Trend | 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 | 2,577 | 2,339 | 2,158 | 1,806 | 939 | |
| Total hotel operating expenses | 1,441 | 1,325 | 1,225 | 1,038 | 621 | |
| Entertainment | 324 | 242 | 224 | 189 | 118 | |
| Corporate | 43 | 42 | 43 | 43 | 39 | |
| Preopening costs | 3 | 5 | 1 | 532,000 | 737,000 | |
| (Gain) loss on sale of assets | 1 | −270,000 | — | 469,000 | −317,000 | |
| Depreciation and amortization | 278 | 236 | 211 | 209 | 220 | |
| Total operating expenses | 2,090 | 1,848 | 1,704 | 1,479 | 998 | |
| Operating income | 487 | 491 | 454 | 327 | −59 | |
| Interest expense | −241 | −225 | −211 | −148 | — | |
| Interest income | 20 | 28 | 21 | 6 | 6 | |
| Loss on extinguishment of debt | −3 | −2 | −2 | −2 | −3 | |
| Income (loss) from unconsolidated joint ventures | −10 | 275,000 | −17 | −11 | −9 | |
| Other gains and (losses), net | 2 | 3 | 4 | 2 | 405,000 | |
| Income before income taxes | 255 | 294 | 248 | 174 | −190 | |
| (Provision) benefit for income taxes | −7 | −14 | 94 | −39 | −5 | |
| Net income | 247 | 280 | 342 | 135 | −195 | |
| Net income attributable to noncontrolling interest in Opry Entertainment Group | −5 | −7 | −28 | −5 | 17 | |
| Net (income) loss attributable to other noncontrolling interests | 1 | −2 | −2 | −923,000 | 1 | |
| Net income available to common stockholders | 243 | 272 | 311 | — | — | |
| Basic income per share available to common stockholders | 3.94 | 4.54 | 5.39 | 2.34 | −3.21 | |
| Diluted income per share available to common stockholders | 3.77 | 4.38 | 5.36 | 2.33 | −3.21 |
Consolidated Balance Sheet
| Concept | Trend | 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 | 4,970 | 4,124 | 3,956 | 3,172 | 3,032 | |
| Cash and cash equivalents - unrestricted | 471 | 478 | 592 | 334 | 141 | |
| Cash and cash equivalents - restricted | 29 | 99 | 109 | 110 | 22 | |
| Notes receivable, net | 54 | 58 | 62 | 68 | 71 | |
| Trade receivables, net | 106 | 94 | 110 | 117 | 75 | |
| Deferred income tax assets, net | 68 | 71 | 82 | — | — | |
| Prepaid expenses and other assets | 197 | 178 | 155 | 134 | 113 | |
| Intangible assets and goodwill, net | 287 | 116 | — | — | — | |
| Total assets | 6,181 | 5,218 | 5,189 | 4,041 | 3,581 | |
| Debt and finance lease obligations | 3,977 | 3,378 | 3,377 | 2,863 | 2,937 | |
| Accounts payable and accrued liabilities | 518 | 467 | 465 | 385 | 305 | |
| Distributions payable | 79 | 71 | 68 | 14 | 386,000 | |
| Deferred management rights proceeds | 163 | 165 | 165 | 167 | 171 | |
| Operating lease liabilities | 159 | 135 | 129 | 126 | 114 | |
| Other liabilities | 74 | 67 | 67 | 65 | 72 | |
| Total liabilities | 4,969 | 4,283 | 4,271 | 3,633 | 3,603 | |
| Commitments and contingencies | — | — | — | — | — | |
| Noncontrolling interest in Opry Entertainment Group | 423 | 382 | 345 | 312 | — | |
| Preferred stock, $.01 par value, 100,000 shares authorized, no shares issued or outstanding | — | — | — | — | — | |
| Common stock, $.01 par value, 400,000 shares authorized, 63,006 and 59,903 shares issued and outstanding, respectively | 630,000 | 599,000 | 597,000 | 552,000 | 551,000 | |
| Additional paid-in capital | 1,722 | 1,475 | 1,503 | 1,103 | 1,113 | |
| Treasury stock of 730 and 696 shares, at cost | −27 | −24 | −21 | −18 | −18 | |
| Distributions in excess of retained earnings | −933 | −888 | −894 | — | — | |
| Accumulated other comprehensive loss | −13 | −15 | −19 | −11 | −29 | |
| Total stockholders' equity | 750 | 549 | 569 | 95 | −22 | |
| Noncontrolling interests | 39 | 4 | 4 | 625,000 | −159,000 | |
| Total equity | 789 | 553 | 573 | 96 | −22 | |
| Total liabilities and equity | 6,181 | 5,218 | 5,189 | 4,041 | 3,581 |
Consolidated Statement of Cash Flows
| Concept | Trend | 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 |
|---|---|---|---|---|---|---|
| Provision (benefit) for deferred income taxes | 2 | 10 | −96 | 8 | 4 | |
| Amortization of deferred financing costs | 12 | 11 | 11 | 10 | 9 | |
| Equity-based compensation expense | 14 | 14 | 15 | 15 | 12 | |
| Trade receivables | 2 | 16 | 22 | −41 | −55 | |
| Accounts payable and accrued liabilities | 12 | 14 | 42 | 66 | 107 | |
| Other assets and liabilities | 12 | −3 | −7 | 7 | −539,000 | |
| Net cash flows provided by operating activities | 591 | 577 | 557 | 420 | 111 | |
| Purchases of property and equipment | −358 | −408 | −207 | −90 | −77 | |
| Collection of notes receivable | 4 | 4 | 6 | 4 | 844,000 | |
| Other investing activities, net | −18 | −7 | −10 | 481,000 | 5 | |
| Net cash flows used in investing activities | −1,234 | −410 | −1,013 | −189 | −290 | |
| Issuance of senior notes | 625 | 1,000 | 400 | — | 600 | |
| Deferred financing costs paid | −13 | −24 | −23 | −15 | −11 | |
| Issuance of common stock, net | 276 | — | 395 | — | — | |
| Payment of distributions | −286 | −266 | −176 | −6 | −502,000 | |
| Payment of tax withholdings for equity-based compensation | −6 | −12 | −4 | −4 | −3 | |
| Other financing activities, net | −289,000 | −81,000 | −271,000 | −199,000 | −216,000 | |
| Net cash flows provided by (used in) financing activities | 567 | −290 | 712 | 51 | 262 | |
| Net change in cash, cash equivalents, and restricted cash | −76 | −124 | 256 | 281 | 83 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Ryman Hospitality Properties, Inc.'s CIK number?
Ryman Hospitality Properties, Inc.'s SEC CIK number is 0001040829 (1040829). 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 Ryman Hospitality Properties, Inc.'s SEC filings?
All of Ryman Hospitality Properties, Inc.'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 Ryman Hospitality Properties, Inc. last report earnings?
Ryman Hospitality Properties, Inc. (RHP) most recently filed an earnings 8-K with the SEC on May 1, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-053499). This is Ryman Hospitality Properties, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Ryman Hospitality Properties, Inc.'s most recent earnings 8-K?
Ryman Hospitality Properties, Inc.'s latest earnings 8-K (Item 2.02) was filed May 1, 2026 under accession 0001104659-26-053499. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Ryman Hospitality Properties, Inc.'s latest earnings 8-K →
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