BHR - NYSE

Braemar Hotels & Resorts Inc.

BHR·NYSE

$2.47

-0.61%

Real EstateREIT - Hotel & Motel

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$169.64M

EPS-0.3600

P/E Ratio-6.83

Earnings Date07/30/2026

704.01M

Revenue

-3%

3Y+5.0%

5Y+210.0%

10Y+73.0%

-22.32M

Net Income

1218%

3Y-226.0%

5Y-79.0%

10Y-216.0%

40.78M

Operating Cash Flow

-39%

3Y-63.0%

5Y-181.0%

10Y-29.0%

Braemar Hotels & Resorts Inc. Profit Bridge

BHR · NYSE

Revenue & Cost of Sales

Revenue704.01M

Cost of Goods Sold (711.59M)

Gross Profit-8.01M

Operating Expenses

Operating Expenses (-51.28M)

Operating Income43.09M

Other Income & Taxes

Interest Expense (88.36M)

Other Income/Expense-69.52M

Pretax Income-26.43M

Income Tax (1.98M)

Net Income-22.32M

Net Income

-22.32M

Profitability Analysis

Gross Margin

-1.1%

Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.

Operating Margin

6.1%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

-3.2%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Non-operating losses: Core business is profitable but other expenses (interest, taxes, one-time items) are driving net losses. Review capital structure and non-operating items.

Braemar Hotels & Resorts Inc. Income Statement

BHR • NYSE

Braemar Hotels & Resorts Inc. Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011
REVENUE
Revenue	704M	728.4M	739.3M	669.6M	427.5M	227M	487.6M	431.4M	414.1M	405.9M	349.5M	307.3M	233.5M	221.2M	192M
GROSS PROFIT
Cost of Revenue	(711.6M)	(574.7M)	(570.9M)	(505.1M)	(344.7M)	(218.5M)	(364.7M)	(312.2M)	(302.1M)	(294.3M)	(250.5M)	(215.7M)	(158.2M)	(149M)	(128.2M)
Gross Profit	-8M	153.7M	168.5M	164.5M	82.9M	8.5M	122.9M	119.2M	112M	111.6M	99.1M	91.6M	75.3M	72.2M	63.8M
OPERATING INCOME
Operating Expenses	-51.3M	(24.9M)	(106.8M)	(96.1M)	(81.4M)	(88.4M)	(83M)	(68.1M)	(60.4M)	(64M)	(52.6M)	(46M)	(42.4M)	(40.4M)	(39.4M)
Selling, General & Administrative	(11.7M)	(14.4M)	(13.5M)	(18.1M)	(8.7M)	(25.1M)	(30.5M)	(25.8M)	(20.7M)	(32.3M)	(25.3M)	(17.7M)	(13.2M)	(11.5M)	(9.6M)
Operating Income	43.1M	128.8M	61.7M	68.4M	1.4M	-79.9M	22.5M	65.8M	38.8M	47.1M	46M	43.8M	19.4M	31.8M	24.4M
PRE-TAX INCOME
Interest Expense	(88.4M)	(108.1M)	(94.2M)	(52.2M)	(30.9M)	(45.1M)	(54.5M)	(49.7M)	(38.9M)	(40.9M)	(37.8M)	(39M)	(33M)	(31.2M)	(31.8M)
Net Interest Income	-82.1M	-101M	-87.8M	-49.5M	-30.9M	-44.9M	-53.4M	-48.1M	-38.2M	-40.7M	-37.8M	-39M	-33M	-31.2M	-31.8M
Other Expenses	-63M	(10.6M)	(93.3M)	(78M)	(72.7M)	(63.2M)	(70.1M)	-253K	-377K	-165K	(1.2M)	(40.7M)	-2M	(29.5M)	(9.7M)
Total Other Income Expenses Net	-69.5M	-108.1M	-89.6M	-45M	-33M	-49.2M	-61.4M	-60.8M	-34.8M	-47.6M	-50.4M	-39.1M	-35M	-31.2M	-22.1M
Income Before Tax	-26.4M	20.6M	-27.9M	23.4M	-31.6M	-129.1M	3M	5M	27.8M	25.9M	-4.4M	4.6M	-15.6M	591K	2.3M
NET INCOME
Income Tax Expense	(2M)	(842K)	(2.7M)	(4M)	(1.3M)	-4.4M	(1.8M)	(2.4M)	-522K	(1.6M)	(263K)	(1.1M)	(2.3M)	(4.4M)	(2.6M)
Net Income	-22.3M	-1.7M	-27M	17.8M	-26.7M	-105.3M	1.2M	1.3M	23M	19.3M	-6.7M	1.9M	-11.8M	-4.5M	626K

SEC Filings

BHR - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 01, 2026	May 26, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 28, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 22, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 21, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 12, 2026	May 12, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 27, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 29, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	April 23, 2026	April 23, 2026	2026	View Filing

Showing 1 to 10 of 628 filings

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