Diamondrock Hospitality

DiamondRock, a lodging-focused MD corporation operates as a real estate investment trust (REIT), owns a portfolio of 29 premium hotels & resorts containing ~10,900 rooms, concentrated in key gateway cities and destination resorts throughout North America and the U.S.V.I. Our vision is to be the premier allocator of capital in the lodging industry and our goal is to deliver above-average shareholder returns across the full lodging cycle. We strive to differentiate ourselves from peers by executing on three strategic principles: - Maintaining a balanced portfolio of high-quality assets with superior growth prospects in markets that have high barriers to entry. - Employing disciplined and innovative approaches to asset management that drive meaningful upside to underlying performance. - Preserving a clean, conservative balance sheet that supports strategic and financial flexibility, dividends and shareholder returns. As an owner, as opposed to an operator, we receive all operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues & profitability of the hotels. Each of our 29 hotels & resorts is managed by a third party. Most are operated under a brand owned by one of the leading global lodging companies: Marriott International, Inc.™, Starwood Hotels & Resorts Worldwide, Inc.™, or Hilton Worldwide™. We regularly analyze all of the properties in our portfolio, as well as market conditions, to ensure that we are allocating capital to the highest return opportunities. Our ongoing capital allocation activities include renovation projects, marketing non-core assets for sale & acquisitions. Additionally, our conservative capital structure helps us achieve the optimal balance between value, risk and cost of capital. We seek to further enhance value through efficient corporate overhead, best-in-class corporate governance practices, and openness and transparency in our communications with investors.

Company Growth (employees)
Type
Public
HQ
Bethesda, US
Founded
2004
Size (employees)
26 (est)
Website
drhc.com
Diamondrock Hospitality was founded in 2004 and is headquartered in Bethesda, US

Diamondrock Hospitality Office Locations

Diamondrock Hospitality has an office in Bethesda
Bethesda, US (HQ)
1500 3 Bethesda Metro Center

Diamondrock Hospitality Data and Metrics

Diamondrock Hospitality Financial Metrics

Diamondrock Hospitality's revenue was reported to be $196.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

196.2 m

Net income (Q1, 2017)

8.9 m

EBIT (Q1, 2017)

19.3 m

Market capitalization (21-Sep-2017)

2.2 b

Cash (31-Mar-2017)

112.4 m

EV

3 b
Diamondrock Hospitality's current market capitalization is $2.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

799.7 m872.9 m931 m896.6 m

Revenue growth, %

9%7%(4%)

EBIT

75.2 m137.5 m145.3 m157.5 m

EBIT margin, %

9%16%16%18%
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

229.9 m229.2 m208.9 m249.8 m238.5 m213 m256.7 m220.2 m196.2 m

Sales and marketing expense

8.5 m8.3 m6.2 m8.9 m7.6 m6.6 m8.8 m7.7 m6 m

Operating expense total

8.5 m8.3 m6.2 m8.9 m7.6 m6.6 m8.8 m7.7 m6 m

EBIT

55 m38.2 m21.4 m44.2 m41.4 m24.3 m58.1 m41.3 m19.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

144.6 m144.4 m213.6 m243.1 m

PP&E

2.6 b2.8 b2.9 b2.6 b

Total Assets

3 b3.2 b3.3 b3.1 b

Accounts Payable

102.2 m113.2 m129 m55.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

253.9 m119.1 m87.2 m84.1 m62 m48.9 m166.5 m236 m112.4 m

PP&E

2.5 b2.7 b2.8 b2.9 b2.9 b2.9 b2.6 b2.6 b2.8 b

Total Assets

3.1 b3.1 b3.1 b3.2 b3.2 b3.2 b3.1 b3.1 b3.1 b

Accounts Payable

96.6 m100.8 m105.9 m118.8 m121.6 m51.5 m55 m59.2 m57.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

49.1 m163.4 m85.6 m114.8 m

Depreciation and Amortization

103.9 m99.7 m101.1 m97.4 m

Accounts Payable

2.4 m2 m3 m(2.4 m)

Cash From Operating Activities

143.7 m179.8 m227.6 m215.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

51.9 m43.8 m10.6 m24.8 m24.5 m16.8 m44.2 m29.9 m8.9 m

Depreciation and Amortization

25.1 m25.3 m24.3 m25.6 m25.1 m25.1 m25 m23.6 m24.4 m

Accounts Payable

96.6 m100.8 m105.9 m118.8 m121.6 m51.5 m55 m59.2 m57.7 m
USDY, 2017

EV/EBIT

153.7 x

Revenue/Employee

7.5 m

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.7 x
Show all financial metrics

Diamondrock Hospitality Market Value History

Traffic Overview of Diamondrock Hospitality

Diamondrock Hospitality News and Updates

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