Diamondrock Hospitality Co's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Diamondrock Hospitality Co reported revenue of $1.1B (-0.8% year on year) and net income of $101.9M (+111.3% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Total revenues | $1.1B | $1.1B | $1.1B | $1.0B |
| Operating expenses | $809.3M | $818.2M | $781.8M | $696.8M |
| Depreciation and amortization | $113.1M | $113.6M | $111.3M | $108.8M |
| Impairment losses | $1.1M | $34.2M | $941.0K | $2.8M |
| Corporate expenses | $34.4M | $52.9M | $32.0M | $31.8M |
| Business interruption insurance income | $0 | $0 | ($647.0K) | ($499.0K) |
| Total operating expenses, net | $957.9M | $1.0B | $925.4M | $839.7M |
| Interest expense | $62.8M | $65.5M | $65.1M | $38.3M |
| Interest (income) and other (income) expense, net | ($6.8M) | ($4.3M) | ($2.6M) | $1.4M |
| Loss on debt extinguishment | $5.8M | $0 | $0 | $9.8M |
| Total other expenses, net | $61.9M | $61.2M | $62.5M | $49.5M |
| Income before income taxes | $100.7M | $49.8M | $87.0M | $112.3M |
| Income tax benefit (expense) | $1.2M | ($1.5M) | ($317.0K) | ($2.6M) |
| Less: Net income attributable to noncontrolling interests | ($509.0K) | ($203.0K) | ($295.0K) | ($377.0K) |
| Net income attributable to the Company | $101.4M | $48.0M | $86.3M | $109.3M |
| Distributions to preferred stockholders | ($9.8M) | ($9.8M) | ($9.8M) | ($9.8M) |
| Net income attributable to common stockholders | $91.6M | $38.2M | $76.5M | $99.5M |
| Earnings per share available to common stockholders—basic (in dollars per share) | $0.44 | $0.18 | $0.36 | $0.47 |
| Earnings per share available to common stockholders—diluted (in dollars per share) | $0.44 | $0.18 | $0.36 | $0.47 |
| Basic (in shares) | 206.2M | 210.3M | 211.5M | 212.4M |
| Diluted (in shares) | 208.3M | 211.2M | 212.3M | 213.2M |
| Net income | $101.9M | $48.3M | $86.6M | $109.7M |
| Unrealized gain (loss) on interest rate derivative instruments | ($4.7M) | $353.0K | ($2.6M) | — |
| Unrealized loss on Rabbi trust assets | $349.0K | $326.0K | $591.0K | — |
| Amounts reclassified from other comprehensive income | ($718.0K) | — | — | — |
| Comprehensive income | $96.9M | $48.9M | — | — |
| Comprehensive income attributable to noncontrolling interests | ($484.0K) | ($209.0K) | ($288.0K) | — |
| Comprehensive income attributable to the Company | $96.4M | $48.7M | $84.3M | — |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Total revenues | $318.3M | $258.2M | $285.4M | $305.7M |
| Operating expenses | $205.7M | $193.2M | $203.6M | $212.0M |
| Depreciation and amortization | $28.8M | $28.5M | $28.3M | $28.2M |
| Corporate expenses | $10.4M | $7.8M | $8.6M | $9.5M |
| Total operating expenses | $244.9M | $229.5M | $241.6M | $249.6M |
| Interest expense | $14.4M | $14.7M | $17.1M | $14.9M |
| Interest (income) and other (income) expense, net | ($1.9M) | ($648.0K) | ($2.3M) | ($764.0K) |
| Gain on sale of hotel property, net | ($31.6M) | — | — | — |
| Income before income taxes | $92.4M | $14.6M | $23.1M | $42.0M |
| Income tax expense | ($1.7M) | ($46.0K) | ($469.0K) | ($991.0K) |
| Less: Net income attributable to noncontrolling interests | ($278.0K) | ($69.0K) | ($113.0K) | ($204.0K) |
| Net income attributable to the Company | $90.5M | $14.5M | $22.5M | $40.8M |
| Distributions to preferred stockholders | $0 | $0 | ($2.5M) | ($2.5M) |
| Net income attributable to common stockholders | $90.5M | $14.5M | $20.1M | $38.4M |
| Earnings per share available to common stockholders—basic (in dollars per share) | $0.44 | $0.07 | $0.10 | $0.19 |
| Earnings per share available to common stockholders—diluted (in dollars per share) | $0.44 | $0.07 | $0.10 | $0.18 |
| Net income | $90.8M | $14.5M | $22.6M | $41.0M |
| Unrealized gain (loss) on interest rate derivative instruments | $1.9M | $1.7M | ($664.0K) | ($1.3M) |
| Unrealized gain on Rabbi Trust assets | $497.0K | ($96.0K) | $215.0K | $338.0K |
| Amounts reclassified from accumulated other comprehensive income | ($23.0K) | ($22.0K) | ($15.0K) | ($11.0K) |
| Comprehensive income | $93.1M | $16.1M | $22.2M | $40.1M |
| Comprehensive income attributable to noncontrolling interests | ($285.0K) | ($77.0K) | ($111.0K) | ($199.0K) |
| Comprehensive income attributable to the Company | $92.8M | $16.0M | $22.1M | $39.9M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Property and equipment, net | $2.6B | $2.6B | $2.8B | $2.7B |
| Assets held for sale | $0 | $93.4M | — | — |
| Right-of-use assets | $89.0M | $89.9M | $97.7M | $99.0M |
| Restricted cash | $35.1M | $47.4M | $45.6M | $39.6M |
| Due from hotel managers | $137.8M | $145.9M | $144.7M | $176.7M |
| Prepaid and other assets | $77.2M | $83.0M | $73.9M | $76.1M |
| Cash and cash equivalents | $68.1M | $81.4M | $121.6M | $67.6M |
| Total assets | $3.0B | $3.2B | $3.2B | $3.2B |
| Debt, net of unamortized debt issuance costs | $1.1B | $1.1B | $1.2B | $1.2B |
| Lease liabilities | $87.1M | $85.2M | $112.9M | $110.9M |
| Due to hotel managers | $109.6M | $121.7M | $116.5M | $123.7M |
| Liabilities of assets held for sale | $0 | $3.4M | — | — |
| Deferred rent | $77.4M | $73.5M | $69.2M | $65.1M |
| Unfavorable contract liabilities, net | $56.5M | $58.2M | $59.9M | $61.1M |
| Accounts payable and accrued expenses | $83.9M | $79.2M | $39.6M | $43.1M |
| Distributions declared and unpaid | $25.9M | $49.0M | $6.3M | $12.9M |
| Deferred income related to key money, net | $7.4M | $7.7M | $8.3M | $8.8M |
| Total liabilities | $1.5B | $1.6B | $1.6B | $1.6B |
| 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 | $0.00 | $48000.00 | $48000.00 | $48000.00 |
| 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 | 2.0M | 2.1M | 2.1M | 2.1M |
| Additional paid-in capital | $2.1B | $2.3B | $2.3B | $2.3B |
| Accumulated other comprehensive loss | ($6.4M) | ($1.4M) | ($2.0M) | — |
| Distributions in excess of earnings | ($662.2M) | ($679.0M) | ($649.3M) | ($700.7M) |
| Total stockholders' equity | $1.4B | $1.6B | $1.6B | $1.6B |
| Noncontrolling interests | $9.2M | $8.7M | $6.9M | $6.3M |
| Total equity | $1.5B | $1.6B | $1.6B | $1.6B |
| Total liabilities and equity | $3.0B | $3.2B | $3.2B | $3.2B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Property and equipment, net | $2.6B | $2.6B | $2.6B | $2.6B |
| Right-of-use assets | $95.1M | $95.2M | $89.3M | $89.5M |
| Restricted cash | $39.9M | $37.0M | $50.1M | $51.2M |
| Due from hotel managers | $189.5M | $161.2M | $173.7M | $171.8M |
| Prepaid and other assets | $80.3M | $73.3M | $82.2M | $81.4M |
| Cash and cash equivalents | $106.0M | $39.3M | $145.3M | $52.4M |
| Total assets | $3.1B | $3.0B | $3.1B | $3.1B |
| Debt, net of unamortized debt issuance costs | $1.1B | $1.1B | $1.1B | $1.0B |
| Lease liabilities | $97.2M | $96.6M | $86.6M | $86.1M |
| Due to hotel managers | $138.9M | $122.5M | $132.6M | $131.9M |
| Deferred rent | $79.6M | $78.5M | $76.7M | $75.6M |
| Unfavorable contract liabilities, net | $55.7M | $56.1M | $57.0M | $57.4M |
| Accounts payable and accrued expenses | $40.3M | $42.3M | $92.5M | $80.5M |
| Distributions declared and unpaid | $19.7M | $19.5M | $17.4M | $17.4M |
| Deferred income related to key money, net | $6.9M | $7.0M | $7.5M | $7.6M |
| Total liabilities | $1.5B | $1.6B | $1.6B | $1.5B |
| Common stock, $0.01 par value; 400,000,000 shares authorized; 204,505,826 and 203,703,182 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | 2.0M | 2.0M | 2.0M | 2.1M |
| Additional paid-in capital | $2.1B | $2.1B | $2.2B | $2.2B |
| Accumulated other comprehensive loss | ($2.5M) | ($4.8M) | ($5.9M) | ($5.5M) |
| Distributions in excess of earnings | ($594.6M) | ($666.4M) | ($661.2M) | ($664.7M) |
| Total stockholders’ equity | $1.5B | $1.4B | $1.6B | $1.6B |
| Noncontrolling interests | $5.5M | $5.2M | $9.1M | $9.0M |
| Total equity | $1.5B | $1.5B | $1.6B | $1.6B |
| Total liabilities and equity | $3.1B | $3.0B | $3.1B | $3.1B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $101.9M | $48.3M | $86.6M | $109.7M |
| Depreciation and amortization | $113.1M | $113.6M | $111.3M | $108.8M |
| Corporate asset depreciation as corporate expenses | $204.0K | $121.0K | $192.0K | $220.0K |
| Loss on debt extinguishment | $5.8M | $0 | $0 | $9.8M |
| Non-cash lease expense and other amortization | $5.1M | $6.0M | $6.2M | $6.2M |
| Non-cash interest rate swap fair value adjustment | $0 | $0 | $2.0M | ($13.9M) |
| Amortization of debt issuance costs | $2.0M | $2.0M | $2.1M | $2.5M |
| Impairment losses | $1.1M | $34.2M | $941.0K | $2.8M |
| Amortization of deferred income related to key money | ($341.0K) | ($431.0K) | ($431.0K) | ($423.0K) |
| Share-based compensation | $7.4M | $12.0M | $8.8M | $7.8M |
| Deferred income tax expense | ($2.9M) | ($449.0K) | ($975.0K) | ($781.0K) |
| Prepaid expenses and other assets | $5.8M | ($3.9M) | ($3.7M) | ($9.6M) |
| Due to/from hotel managers | ($3.0M) | $3.5M | $24.2M | ($24.0M) |
| Accounts payable and accrued expenses | $7.4M | $9.7M | $420.0K | $7.1M |
| Net cash provided by operating activities | $243.7M | $224.4M | $237.6M | $206.2M |
| Capital expenditures | ($81.6M) | ($81.6M) | ($86.3M) | ($67.7M) |
| Property acquisitions | $0 | ($30.5M) | ($32.7M) | ($181.9M) |
| Net proceeds from sale of hotel property | $89.0M | — | $0 | $0 |
| Acquisition of interest in land | $0 | $0 | ($1.8M) | $0 |
| Net cash provided by (used in) investing activities | $7.5M | ($112.1M) | ($120.8M) | ($248.6M) |
| Mortgage debt principal payments | ($295.8M) | ($9.1M) | ($9.5M) | ($14.6M) |
| Repurchases of common stock | ($37.1M) | ($26.0M) | ($2.4M) | ($12.3M) |
| Proceeds from senior unsecured term loan | $300.0M | $0 | $0 | $800.0M |
| Draws on senior unsecured credit facility | $60.0M | $0 | $0 | $110.0M |
| Repayments of senior unsecured credit facility | ($60.0M) | $0 | $0 | ($200.0M) |
| Payment of financing costs | ($11.6M) | $0 | $0 | ($13.8M) |
| Distributions on common stock and units | ($98.3M) | ($25.6M) | ($31.9M) | ($6.4M) |
| Distributions on preferred stock | ($9.8M) | ($9.8M) | ($9.8M) | ($9.8M) |
| Redemption of preferred stock | ($119.0M) | — | — | $0 |
| Shares redeemed to satisfy tax withholdings on vested share-based compensation | -5.1M | -6.9M | -3.0M | -828.0K |
| Net cash used in financing activities | ($276.7M) | ($150.7M) | ($56.7M) | $74.0M |
| Net (decrease) increase in cash and cash equivalents, and restricted cash | ($25.6M) | ($38.4M) | $60.0M | $31.7M |
| Cash, cash equivalents, and restricted cash beginning of year | $128.8M | $167.2M | $107.2M | $75.5M |
| Cash, cash equivalents, and restricted cash, end of year | $103.2M | $128.8M | $167.2M | $107.2M |
| Cash paid for interest | $58.8M | $63.8M | $60.4M | $47.5M |
| Cash paid for income taxes, net of refunds | $531.0K | $4.7M | $2.7M | $6.6M |
| Distributions declared and unpaid | $25.9M | $49.0M | — | — |
| Accrued capital expenditures | $2.5M | $5.4M | $4.7M | $8.0M |
| Redemption of Operating Partnership units for common stock | $0 | — | $365.0K | $214.0K |
| Cash and cash equivalents | $68.1M | $81.4M | $121.6M | $67.6M |
| Restricted cash | $35.1M | $47.4M | $45.6M | $39.6M |
| Total cash, cash equivalents, and restricted cash | $103.2M | $128.8M | $167.2M | $107.2M |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $105.3M | $14.5M | $75.6M | $53.0M |
| Depreciation and amortization | $57.4M | $28.5M | $84.4M | $56.0M |
| Gain on sale of hotel property, net | ($31.6M) | — | — | — |
| Non-cash lease expense and other amortization | $2.6M | $1.2M | $3.9M | $2.6M |
| Amortization of debt issuance costs | $851.0K | $426.0K | $1.6M | $1.1M |
| Amortization of deferred income related to key money | ($158.0K) | ($82.0K) | ($259.0K) | ($178.0K) |
| Share-based compensation | $4.8M | $1.7M | $5.7M | $3.9M |
| Prepaid expenses and other assets | ($8.3M) | ($3.4M) | ($1.3M) | ($3.8M) |
| Due to/from hotel managers | ($21.9M) | ($13.7M) | ($15.9M) | ($14.7M) |
| Accounts payable and accrued expenses | ($7.4M) | ($7.3M) | $15.0M | $3.3M |
| Net cash provided by operating activities | $101.5M | $21.9M | $175.7M | $101.2M |
| Capital expenditures | ($40.3M) | ($20.8M) | ($60.9M) | ($41.3M) |
| Net proceeds from sale of hotel property | $29.9M | $0 | $89.0M | $89.0M |
| Net cash (used in) provided by investing activities | ($10.4M) | ($20.8M) | $28.1M | $47.8M |
| Mortgage debt principal payments | $0 | $0 | ($295.8M) | ($3.8M) |
| Repayment of mortgage debt | $0 | — | — | ($71.1M) |
| Payment of financing costs | $0 | $0 | ($11.6M) | ($450.0K) |
| Distributions on common stock and units | ($43.7M) | ($25.2M) | ($81.9M) | ($65.3M) |
| Distributions on preferred stock | $0 | $0 | ($7.4M) | ($4.9M) |
| Repurchases of common stock | ($1.9M) | $0 | ($35.5M) | ($23.7M) |
| Shares redeemed to satisfy tax withholdings on vested share-based compensation | -2.9M | -2.8M | -5.1M | -4.9M |
| Net cash used in financing activities | ($48.5M) | ($28.0M) | ($137.2M) | ($174.2M) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $42.6M | ($26.9M) | $66.6M | ($25.2M) |
| Cash, cash equivalents, and restricted cash at beginning of period | $103.2M | $103.2M | $128.8M | $128.8M |
| Cash, cash equivalents, and restricted cash at end of period | $145.9M | $76.3M | $195.4M | $103.6M |
| Cash paid for interest | $27.9M | $14.1M | — | — |
| Cash paid for income taxes, net | $1.6M | ($344.0K) | — | — |
| Unpaid dividends and distributions declared | $19.7M | $19.5M | $17.4M | $17.4M |
| Accrued capital expenditures | $1.9M | $3.7M | $3.9M | $3.6M |
| Right-of-use asset upon lease commencement | $6.7M | $6.5M | — | — |
| Lease liability upon lease commencement | $9.4M | $9.2M | — | — |
| Redemption of Operating Partnership units for common stock | $4.1M | $4.1M | — | — |
| Cash and cash equivalents | $106.0M | $39.3M | $145.3M | $52.4M |
| Restricted cash | $39.9M | $37.0M | $50.1M | $51.2M |
| Total cash, cash equivalents and restricted cash | $145.9M | $76.3M | $195.4M | $103.6M |
Diamondrock Hospitality Co score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.