Braemar Hotels & Resorts Inc. (BHR)

Braemar Hotels & Resorts Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	739.34	669.59	427.54	226.97	487.61
Revenue Growth (YoY)	10.42%	56.61%	88.37%	-53.45%	13.03%
Cost of Revenue	501.16	445.49	287.03	189.98	323.61
Gross Profit	238.19	224.1	140.52	37	164
Selling, General & Admin	13.52	18.08	8.72	6.66	5.44
Other Operating Expenses	162.99	137.62	130.35	110.19	94.16
Operating Expenses	176.51	155.71	139.07	116.85	99.6
Operating Income	61.67	68.39	1.45	-79.85	64.4
Interest Expense / Income	94.22	52.17	30.9	45.1	54.51
Other Expense / Income	-8.22	-5.58	-4.11	-15.29	7.76
Pretax Income	-24.33	21.8	-25.34	-109.67	2.14
Income Tax	2.69	4.04	1.32	-4.41	1.76
Net Income	-27.02	17.76	-26.66	-105.26	0.37
Preferred Dividends	47.02	28.46	13.34	10.22	10.14
Net Income Common	-74.04	-10.7	-40	-115.48	-9.77
Shares Outstanding (Basic)	66	70	53	34	32
Shares Outstanding (Diluted)	66	70	53	34	32
Shares Change	-5.31%	32.27%	54.96%	5.29%	1.08%
EPS (Basic)	-1.13	-0.15	-0.76	-3.39	-0.32
EPS (Diluted)	-1.13	-0.15	-0.76	-3.39	-0.32
Free Cash Flow	7.6	60.34	38.31	-75.84	-181.75
Free Cash Flow Per Share	0.12	0.87	0.73	-2.23	-5.63
Dividend Per Share	0.200	0.080	-	-	0.684
Dividend Growth	150.00%	-	-	-	6.88%
Gross Margin	32.22%	33.47%	32.87%	16.30%	33.63%
Operating Margin	8.34%	10.21%	0.34%	-35.18%	13.21%
Profit Margin	-10.01%	-1.60%	-9.36%	-50.88%	-2.00%
Free Cash Flow Margin	1.03%	9.01%	8.96%	-33.41%	-37.27%
Effective Tax Rate	-	18.54%	-	-	82.62%
EBITDA	163.64	152.57	79.84	9.64	127.41
EBITDA Margin	22.13%	22.79%	18.67%	4.25%	26.13%
Depreciation & Amortization	93.75	78.6	74.27	74.21	70.76
EBIT	69.89	73.97	5.56	-64.56	56.64
EBIT Margin	9.45%	11.05%	1.30%	-28.45%	11.62%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).