Ryman Hospitality Properties Inc (RHP) financial statements: income statement, balance sheet and cash flow

Ryman Hospitality Properties Inc'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), Ryman Hospitality Properties Inc reported revenue of $2.6B (+10.2% year on year) and net income of $247.3M (-11.7% year on year).

Income statement

Ryman Hospitality Properties Inc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Total revenues	$2.6B	$2.3B	$2.2B	$1.8B
Total hotel operating expenses	$1.4B	$1.3B	$1.2B	$1.0B
Entertainment	$323.9M	$241.8M	$223.7M	$188.5M
Corporate	$42.8M	$41.8M	$42.8M	$43.0M
Preopening costs	$2.9M	$4.6M	$1.3M	$532.0K
(Gain) loss on sale of assets	$1.3M	($270.0K)	—	$469.0K
Depreciation and amortization	$278.1M	$235.6M	$211.2M	$208.6M
Total operating expenses	$2.1B	$1.8B	$1.7B	$1.5B
Operating income	$487.0M	$490.8M	$453.7M	$327.1M
Interest expense	($241.3M)	($225.4M)	($211.4M)	($148.4M)
Interest income	$20.3M	$28.0M	$21.4M	$5.8M
Loss on extinguishment of debt	($2.9M)	($2.5M)	($2.3M)	($1.5M)
Income (loss) from unconsolidated joint ventures	($10.0M)	$275.0K	($17.3M)	($11.0M)
Other gains and (losses), net	$1.5M	$2.8M	$3.9M	$1.7M
Income before income taxes	$254.6M	$294.0M	$248.1M	$173.7M
(Provision) benefit for income taxes	($7.3M)	($13.8M)	$93.7M	($38.8M)
Net income	$247.3M	$280.2M	$341.8M	$134.9M
Net income attributable to noncontrolling interest in Opry Entertainment Group	($4.9M)	($6.8M)	($28.5M)	($5.0M)
Net (income) loss attributable to other noncontrolling interests	$1.0M	($1.8M)	($2.1M)	($923.0K)
Net income available to common stockholders	$243.4M	$271.6M	—	—
Basic income per share available to common stockholders	$3.94	$4.54	$5.39	$2.34
Diluted income per share available to common stockholders	$3.77	$4.38	$5.36	$2.33

Ryman Hospitality Properties Inc income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Total revenues	$749.0M	$664.6M	$592.5M	$659.5M
Total hotel operating expenses	$384.1M	$374.3M	$350.1M	$331.9M
Entertainment	$101.6M	$65.1M	$67.9M	$110.4M
Corporate	$11.2M	$11.3M	$10.1M	$10.8M
Preopening costs	$438.0K	$387.0K	$1.3M	$98.0K
Depreciation and amortization	$77.1M	$75.7M	$73.2M	$67.0M
Total operating expenses	$574.4M	$526.8M	$503.8M	$520.1M
Operating income (loss)	$174.5M	$137.8M	$88.6M	$139.4M
Interest expense	($63.9M)	($64.1M)	($64.9M)	($58.5M)
Interest income	$3.7M	$5.2M	$4.8M	$5.6M
Loss from unconsolidated joint ventures	$4.0K	—	($37.0K)	($13.0K)
Other gains and (losses), net	($259.0K)	($362.0K)	$2.2M	($196.0K)
Income before income taxes	$114.1M	$76.3M	$30.3M	$83.7M
Provision for income taxes	($12.1M)	($6.9M)	$3.6M	($7.8M)
Net income	$102.1M	$69.4M	$34.0M	$75.9M
Net (income) loss attributable to noncontrolling interest in Opry Entertainment Group	($4.0M)	$588.0K	($987.0K)	($2.1M)
Net loss attributable to other noncontrolling interests	($5.3M)	$485.0K	$1.9M	($2.0M)
Net income available to common stockholders	$92.8M	$70.5M	$34.9M	$71.8M
Basic income per share available to common stockholders	$1.47	$1.12	$0.55	$1.17
Diluted income per share available to common stockholders	$1.42	$1.03	$0.53	$1.12

Balance sheet

Ryman Hospitality Properties Inc balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Property and equipment, net	$5.0B	$4.1B	$4.0B	$3.2B
Cash and cash equivalents - unrestricted	$471.4M	$477.7M	$591.8M	$334.2M
Cash and cash equivalents - restricted	$28.8M	$98.5M	$108.6M	$110.1M
Notes receivable, net	$53.5M	$57.8M	$61.8M	$67.6M
Trade receivables, net	$105.9M	$94.2M	$110.0M	$116.8M
Deferred income tax assets, net	$67.7M	$70.5M	$81.6M	—
Prepaid expenses and other assets	$196.8M	$178.1M	$154.8M	$134.2M
Intangible assets and goodwill, net	$286.7M	—	—	—
Total assets	$6.2B	$5.2B	$5.2B	$4.0B
Debt and finance lease obligations	$4.0B	$3.4B	$3.4B	$2.9B
Accounts payable and accrued liabilities	$517.7M	$466.6M	$464.7M	$385.2M
Distributions payable	$78.8M	$71.4M	$67.9M	$14.1M
Deferred management rights proceeds	$162.9M	$164.7M	$165.2M	$167.5M
Operating lease liabilities	$158.8M	$135.1M	$129.1M	$125.8M
Other liabilities	$74.3M	$66.8M	$66.7M	$64.8M
Total liabilities	$5.0B	$4.3B	$4.3B	$3.6B
Noncontrolling interest in Opry Entertainment Group	$422.7M	$381.9M	$345.1M	$311.9M
Common stock, $.01 par value, 400,000 shares authorized, 63,006 and 59,903 shares issued and outstanding, respectively	630.0K	599.0K	597.0K	552.0K
Additional paid-in capital	$1.7B	$1.5B	$1.5B	$1.1B
Treasury stock of 730 and 696 shares, at cost	-26.8M	-23.5M	-20.5M	-18.5M
Distributions in excess of retained earnings	($933.3M)	($888.1M)	($894.3M)	($978.6M)
Accumulated other comprehensive loss	($12.8M)	($15.2M)	($19.4M)	($10.9M)
Total stockholders' equity	$750.2M	$549.0M	$569.2M	$95.3M
Noncontrolling interests	$38.9M	$3.7M	$3.6M	$625.0K
Total equity	$789.1M	$552.6M	$572.8M	$95.9M
Total liabilities and equity	$6.2B	$5.2B	$5.2B	$4.0B

Ryman Hospitality Properties Inc balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Property and equipment, net	$5.1B	$5.0B	$4.9B	$4.9B
Cash and cash equivalents - unrestricted	$366.1M	$424.0M	$483.3M	$420.6M
Cash and cash equivalents - restricted	$31.7M	$27.3M	$33.2M	$30.1M
Notes receivable, net	$53.6M	$52.6M	$52.4M	$57.9M
Trade receivables, net	$122.1M	$139.3M	$111.1M	$132.0M
Deferred income tax assets, net	$51.1M	$62.0M	$65.0M	$61.1M
Prepaid expenses and other assets	$211.3M	$187.6M	$227.7M	$187.7M
Intangible assets and goodwill, net	$277.6M	$282.1M	$290.8M	$294.9M
Total assets	$6.2B	$6.2B	$6.2B	$6.1B
Debt and finance lease obligations	$4.0B	$4.0B	$4.0B	$4.0B
Accounts payable and accrued liabilities	$505.5M	$544.5M	$540.8M	$435.5M
Distributions payable	$78.2M	$77.9M	$75.0M	$74.7M
Deferred management rights proceeds	$162.5M	$162.5M	$164.2M	$164.4M
Operating lease liabilities	$163.1M	$162.5M	$157.9M	$144.5M
Other liabilities	$77.7M	$73.8M	$72.5M	$72.5M
Total liabilities	$5.0B	$5.0B	$5.0B	$4.9B
Noncontrolling interest in Opry Entertainment Group	$444.1M	$433.4M	$412.0M	$401.3M
Common stock, $.01 par value, 400,000 shares authorized, 63,109 and 63,006 shares issued and outstanding, respectively	631.0K	631.0K	630.0K	630.0K
Additional paid-in capital	$1.7B	$1.7B	$1.7B	$1.7B
Treasury stock of 738 and 730 shares, at cost	-27.6M	-27.6M	-26.0M	-25.1M
Distributions in excess of retained earnings	($921.8M)	($938.3M)	($931.5M)	($894.2M)
Accumulated other comprehensive loss	($9.9M)	($11.5M)	($13.1M)	($15.2M)
Total stockholders' equity	$748.3M	$732.8M	$758.5M	$800.4M
Noncontrolling interests	$42.8M	$38.0M	$39.6M	$42.0M
Total equity	$791.1M	$770.8M	$798.1M	$842.4M
Total liabilities and equity	$6.2B	$6.2B	$6.2B	$6.1B

Cash flow statement

Ryman Hospitality Properties Inc cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$247.3M	$280.2M	$341.8M	$134.9M
Provision (benefit) for deferred income taxes	$2.4M	$10.2M	($95.8M)	$8.2M
Depreciation and amortization	$278.1M	$235.6M	$211.2M	$208.6M
Amortization of deferred financing costs	$11.9M	$10.7M	$10.7M	$9.8M
(Income) loss from unconsolidated joint ventures	$10.0M	($275.0K)	$17.3M	$11.0M
Equity-based compensation expense	$14.1M	$13.9M	$15.4M	$15.0M
Trade receivables	$2.2M	$15.8M	$21.6M	($40.7M)
Accounts payable and accrued liabilities	$12.3M	$13.9M	$41.5M	$66.4M
Other assets and liabilities	$12.3M	($3.5M)	($6.6M)	$6.6M
Net cash flows provided by operating activities	$590.6M	$576.5M	$557.1M	$419.9M
Purchases of property and equipment	($358.2M)	($407.9M)	($206.8M)	($89.5M)
Collection of notes receivable	$4.4M	$4.1M	$5.9M	$3.7M
Purchase of business, net of cash acquired	($862.0M)	—	($791.5M)	($94.0M)
Other investing activities, net	($18.2M)	($6.6M)	($10.0M)	$839.0K
Net cash flows used in investing activities	($1.2B)	($410.4M)	($1.0B)	($189.3M)
Borrowings under term loan	$128.1M	$318.1M	$500.0M	$288.0M
Repayments under term loan	($6.9M)	($1.3B)	($381.8M)	($305.8M)
Borrowings under revolving credit facility	$5.0M	$54.0M	—	—
Repayments under revolving credit facility	($26.0M)	($38.0M)	—	—
Repayments under loan	($129.0M)	($2.9M)	($2.8M)	($1.5M)
Issuance of senior notes	$625.0M	$1.0B	$400.0M	—
Deferred financing costs paid	($13.1M)	($23.7M)	($23.4M)	($15.4M)
Issuance of common stock, net	$275.5M	—	$395.4M	—
Payment of distributions	($285.6M)	($266.1M)	($176.0M)	($5.9M)
Payment of tax withholdings for equity-based compensation	($5.5M)	($12.3M)	($4.4M)	($4.5M)
Other financing activities, net	($289.0K)	($81.0K)	($271.0K)	($199.0K)
Net cash flows provided by (used in) financing activities	$567.3M	($290.3M)	$711.9M	$50.7M
Net change in cash, cash equivalents, and restricted cash	($76.0M)	($124.2M)	$256.1M	$281.3M
Cash, cash equivalents, and restricted cash, beginning of year	$576.2M	$700.4M	$444.3M	$163.0M
Cash, cash equivalents, and restricted cash, end of year	$500.2M	$576.2M	$700.4M	—

Ryman Hospitality Properties Inc cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$171.5M	$69.4M	$172.8M	$138.9M
Provision for deferred income taxes	$16.6M	$5.8M	$5.1M	$9.5M
Depreciation and amortization	$152.8M	$75.7M	$203.9M	$130.7M
Amortization of deferred financing costs	$6.4M	$3.2M	$8.8M	$5.6M
(Income) loss from unconsolidated joint ventures	($4.0K)	—	$66.0K	$29.0K
Equity-based compensation expense	$7.6M	$3.8M	$10.8M	$7.1M
Trade receivables	($16.2M)	($33.4M)	($3.1M)	($21.0M)
Accounts payable and accrued liabilities	($24.2M)	$18.9M	$36.2M	($65.4M)
Other assets and liabilities	$7.5M	$25.9M	($8.6M)	$15.3M
Net cash flows provided by operating activities	$321.9M	$169.2M	$426.0M	$220.7M
Purchases of property and equipment	($241.2M)	($113.7M)	($252.1M)	($182.2M)
Other investing activities, net	($851.0K)	($411.0K)	($18.1M)	($18.6M)
Net cash flows used in investing activities	($242.0M)	($114.1M)	($1.1B)	($1.1B)
Repayments under term loan	($3.6M)	($1.8M)	($5.1M)	($3.3M)
Issuance of senior notes	$700.0M	$700.0M	$625.0M	$625.0M
Redemption of senior notes	($700.0M)	($700.0M)	—	—
Deferred financing costs paid	($19.3M)	($19.2M)	($13.1M)	($12.6M)
Payment of distributions	($153.7M)	($77.5M)	($212.6M)	($139.7M)
Payment of tax withholdings for equity-based compensation	($5.4M)	($5.4M)	($5.5M)	($5.5M)
Other financing activities, net	($203.0K)	($107.0K)	($185.0K)	($1.1M)
Net cash flows provided by (used in) financing activities	($182.3M)	($104.1M)	$642.2M	$716.6M
Net change in cash, cash equivalents, and restricted cash	($102.4M)	($48.9M)	($59.7M)	($125.5M)
Cash, cash equivalents, and restricted cash, beginning of period	$500.2M	$500.2M	$576.2M	$576.2M
Cash, cash equivalents, and restricted cash, end of period	$397.8M	$451.3M	$516.6M	$450.7M

Ryman Hospitality Properties Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.