Pebblebrook Hotel Trust (PEB) 10-Year Financial Performance & Capital Metrics

PEB • • REIT / Real Estate

Real EstateHotel REITsConvention & Resort CentersLifestyle & Boutique Hotels

AboutPebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (REIT) and the largest owner of urban and resort lifestyle hotels in the United States. The Company owns 53 hotels, totaling approximately 13,200 guestrooms across 14 urban and resort markets, with a focus on the west coast gateway cities.Show more

Revenue $1.45B +2.3%
FFO $225M +38.5%
FFO/Share 1.88 +40.9%
FFO Payout 2.16% -29.3%
FFO per Share 1.88 +40.9%
NOI Margin 25.19% +1.0%
FFO Margin 15.5% +35.4%
ROE -0.15% +94.3%
ROA -0.07% +94.4%
Debt/Assets 45.1% -0.5%
Net Debt/EBITDA 7.53 -14.7%
Book Value/Share 23.28 -0.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 8/9
✓Sustainable FFO payout ratio of 2.2%
✓Trading at only 0.5x book value

✗Weaknesses

✗FFO declining 44.3% TTM
✗Low NOI margin of 25.2%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y9.27%

5Y-2.05%

3Y25.62%

TTM0.99%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-2856.73%

EPS CAGR

10Y-

5Y-

3Y-

TTM-309.55%

ROCE

10Y Avg1.59%

5Y Avg-0.74%

3Y Avg0.91%

Latest1.7%

Peer Comparison

Lifestyle & Boutique Hotels

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DRHDiamondRock Hospitality Company	1.89B	9.30	51.67	5.12%	5.69%	4.06%	7.54%	0.74
PEBPebblebrook Hotel Trust	1.38B	12.13	-31.10	2.35%	-6.72%	-3.78%	19.96%	0.92

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	770.86M	816.42M	769.32M	828.68M	1.61B	442.89M	733.04M	1.39B	1.42B	1.45B
Revenue Growth %	0.29%	0.06%	-0.06%	0.08%	0.95%	-0.73%	0.66%	0.9%	0.02%	0.02%
Property Operating Expenses	515.02M	534.41M	516.47M	566.02M	1.1B	493.76M	608.25M	1.01B	1.07B	1.09B
Net Operating Income (NOI)+	-	-	-	-	-	-	-	-	-	-
NOI Margin %	-	-	-	-	-	-	-	-	-	-
Operating Expenses+	123.52M	130.54M	126.34M	130.99M	283.69M	241.84M	214.58M	367.56M	316.46M	282.1M
G&A Expenses	27.65M	28.11M	24.05M	22.51M	34.05M	45.16M	38.17M	39.19M	44.79M	48.08M
EBITDA+	223.51M	816.42M	769.32M	765.44M	464.22M	-68.15M	134.46M	254.31M	278.45M	313.56M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization+	95.87M	677.1M	648.81M	698.46M	234.88M	224.56M	224.25M	239.58M	240.65M	229.53M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income+	127.64M	139.32M	120.5M	66.97M	229.34M	-292.71M	-89.79M	14.72M	37.81M	84.03M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Interest Expense+	38.77M	43.62M	37.3M	53.92M	108.47M	0	86.89M	83.52M	107.56M	102.48M
Interest Coverage	3.29x	3.19x	3.23x	1.24x	2.11x	-	-1.03x	0.18x	0.35x	0.82x
Non-Operating Income	-8.72M	24.61M	-14.84M	487K	7.09M	6.78M	9.63M	15.9M	3.88M	7.16M
Pretax Income+	97.58M	73.83M	100.44M	15.13M	120.9M	-396.29M	-186.31M	-84.7M	-73.62M	-25.61M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	2.59M	-134K	181K	1.74M	5.17M	-3.7M	61K	277K	655K	-25.63M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	94.67M	73.7M	99.89M	13.39M	115.44M	-391.73M	-184.86M	-87.17M	-78.02M	-4.24M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.3%	-0.22%	0.36%	-0.87%	7.62%	-4.39%	0.53%	0.53%	0.11%	0.95%
Funds From Operations (FFO)+	-	-	-	-	-	-	-	-	-	-
FFO Margin %	-	-	-	-	-	-	-	-	-	-
FFO Growth %	0.35%	2.94%	-0%	-0.05%	-0.51%	-1.48%	1.24%	2.87%	0.07%	0.39%
FFO per Share+	-	-	-	-	-	-	-	-	-	-
FFO Payout Ratio %	-	-	-	-	-	-	-	-	-	-
EPS (Diluted)+	0.94	0.64	1.19	0.18	0.63	-3.25	-1.80	-0.95	-0.93	-0.39
EPS Growth %	0.32%	-0.32%	0.86%	-0.85%	2.5%	-6.16%	0.45%	0.47%	0.02%	0.58%
EPS (Basic)	0.95	0.65	1.20	0.18	0.63	-3.25	-1.80	-0.95	-0.93	-0.39
Diluted Shares Outstanding	72.38M	72.37M	69.98M	74.29M	130.72M	130.61M	130.8M	130.45M	121.81M	119.78M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	3.06B	2.81B	2.59B	6.97B	6.5B	6.08B	6.26B	6.13B	5.82B	5.69B
Asset Growth %	0.11%	-0.08%	-0.08%	1.69%	-0.07%	-0.06%	0.03%	-0.02%	-0.05%	-0.02%
Real Estate & Other Assets+	2.68B	2.67B	2.46B	6.53B	6.33B	5.88B	6.13B	6.04B	5.59B	5.44B
PP&E (Net)	30.22M	29.63M	29.04M	199.75M	0	0	0	0	0	0
Investment Securities	1000K	-1000K	-1000K	-1000K	0	0	0	0	0	0
Total Current Assets+	103.19M	106.98M	105.38M	244.41M	165.97M	194.34M	129.29M	97.53M	237.55M	256.72M
Cash & Equivalents	26.34M	33.41M	25.41M	83.37M	30.1M	124.27M	58.52M	41.04M	183.75M	206.65M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Assets	54.47M	45.88M	50.77M	101.15M	26.78M	12.03M	-18.84M	11.23M	9.89M	10.94M
Intangible Assets	30.22M	29.63M	29.04M	199.75M	0	0	0	0	0	0
Total Liabilities	1.3B	1.2B	1.09B	3.21B	2.87B	2.81B	3.1B	3.05B	2.97B	2.91B
Total Debt+	1.11B	996.25M	885.24M	2.75B	2.74B	2.79B	2.76B	2.71B	2.64B	2.57B
Net Debt	1.08B	962.84M	859.83M	2.66B	2.71B	2.67B	2.7B	2.67B	2.46B	2.36B
Long-Term Debt	1.11B	926.21M	885.24M	2.75B	2.23B	2.28B	2.44B	1.88B	1.4B	2.23B
Short-Term Borrowings	1000K	1000K	0	0	0	0	0	1000K	1000K	1000K
Capital Lease Obligations	0	100K	100K	204K	256.27M	255.11M	319.43M	320.4M	320.62M	320.74M
Total Current Liabilities+	174.32M	184.78M	182.72M	461.52M	381.13M	276.46M	335.97M	848.9M	1.26B	355.17M
Accounts Payable	141.9M	149.28M	141.29M	360.28M	260.17M	226.45M	250.58M	250.52M	238.64M	222.23M
Deferred Revenue	-165M	-82M	-45M	54.74M	57.7M	36.06M	69.06M	73.6M	76.87M	92.35M
Other Liabilities	-85.95M	0	7.53M	352.04M	-57.7M	0	0	0	0	0
Total Equity+	1.76B	1.61B	1.5B	3.76B	3.63B	3.26B	3.16B	3.08B	2.85B	2.79B
Equity Growth %	-0.01%	-0.09%	-0.07%	1.5%	-0.03%	-0.1%	-0.03%	-0.03%	-0.08%	-0.02%
Shareholders Equity	1.76B	1.61B	1.5B	3.75B	3.62B	3.26B	3.16B	3B	2.76B	2.7B
Minority Interest	2.44M	3.43M	4.63M	10.1M	10.73M	6.99M	7.72M	88.03M	86.84M	90.45M
Common Stock	717K	719K	688K	1.3M	1.3M	1.31M	1.31M	1.26M	1.2M	1.19M
Additional Paid-in Capital	1.87B	1.78B	1.69B	4.07B	4.07B	4.17B	4.27B	4.18B	4.08B	4.07B
Retained Earnings	-105.77M	-169.23M	-191.01M	-308.81M	-425M	-853.97M	-1.09B	-1.22B	-1.34B	-1.39B
Preferred Stock	140K	100K	100K	204K	204K	204K	296K	286K	276K	276K
Return on Assets (ROA)	0.03%	0.03%	0.04%	0%	0.02%	-0.06%	-0.03%	-0.01%	-0.01%	-0%
Return on Equity (ROE)	0.05%	0.04%	0.06%	0.01%	0.03%	-0.11%	-0.06%	-0.03%	-0.03%	-0%
Debt / Assets	0.36%	0.35%	0.34%	0.39%	0.42%	0.46%	0.44%	0.44%	0.45%	0.45%
Debt / Equity	0.63x	0.62x	0.59x	0.73x	0.75x	0.85x	0.87x	0.88x	0.93x	0.92x
Net Debt / EBITDA	4.85x	1.18x	1.12x	3.48x	5.84x	-	20.10x	10.49x	8.82x	7.53x
Book Value per Share	24.33	22.23	21.48	50.63	27.78	24.99	24.19	23.64	23.40	23.28

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	220.72M	241.26M	195.05M	135.7M	395.2M	-201.78M	70.77M	278.75M	236.2M	275M
Operating CF Growth %	0.37%	0.09%	-0.19%	-0.3%	1.91%	-1.51%	1.35%	2.94%	-0.15%	0.16%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	95M	73.96M	100.26M	13.38M	115.72M	-392.59M	-186.37M	-84.98M	-74.28M	16K
Depreciation & Amortization	95.87M	102.44M	102.29M	108.47M	234.88M	224.56M	224.25M	239.58M	240.65M	229.53M
Stock-Based Compensation	8.33M	8.47M	5.65M	6.23M	8.24M	22.78M	11.43M	11.35M	12.54M	13.6M
Other Non-Cash Items	4.39M	6.93M	7.3M	24.26M	26.11M	23.75M	21.73M	102.13M	65.63M	42.16M
Working Capital Changes	7.1M	11.65M	-9.16M	-21.77M	13.07M	-37.42M	49.59M	10.66M	-8.35M	18.17M
Cash from Investing+	-399.89M	298.69M	131.17M	-1.78B	299.97M	250.12M	-81.57M	-109.39M	142.02M	-92.83M
Acquisitions (Net)	-305M	2.53M	8M	-1.37B	-125K	-248.76M	84.18M	111.82M	0	0
Purchase of Investments	-305.15M	0	-1.25M	-356.18M	-637K	-1.35M	-256.28M	-249.63M	0	0
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0
Other Investing	-94.62M	296.24M	123.21M	-55.89M	-168.87M	250.12M	-81.57M	-109.39M	142.02M	-92.83M
Cash from Financing+	152.64M	-532.89M	-334.22M	1.72B	-746.11M	31.08M	-33.25M	-209.34M	-236.85M	-158.22M
Dividends Paid	-109.99M	-127.09M	-123.42M	-121.82M	-217.39M	-86.52M	-44.72M	-52.66M	-53.58M	-52.05M
Common Dividends	-84.04M	-105.32M	-107.33M	-105.73M	-184.84M	-53.96M	-5.28M	-5.29M	-4.97M	-4.87M
Debt Issuance (Net)	1000K	-1000K	-1000K	1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K
Share Repurchases	-4.09M	-227.55M	-95.98M	-2.51M	-4.01M	-1.25M	-720K	-86.72M	-92.75M	-16.85M
Other Financing	-1.79M	935K	-5.5M	-30.56M	-1.5M	-56.15M	-54.17M	-2.58M	-3.64M	-23.89M
Net Change in Cash+	-26.54M	7.07M	-8M	75.28M	-50.94M	79.42M	-44.05M	-39.98M	141.37M	23.95M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	52.88M	26.34M	33.41M	32.53M	107.81M	56.88M	136.3M	92.25M	52.27M	193.64M
Cash at End	26.34M	33.41M	25.41M	107.81M	56.88M	136.3M	92.25M	52.27M	193.64M	217.59M
Free Cash Flow+	220.44M	241.19M	195.01M	135.53M	394.45M	-326.79M	-13.06M	162M	236.2M	275M
FCF Growth %	0.38%	0.09%	-0.19%	-0.3%	1.91%	-1.83%	0.96%	13.4%	0.46%	0.16%
FCF / Revenue %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
FFO per Share	2.63	10.37	10.7	9.58	2.68	-1.28	0.3	1.17	1.34	1.88
FFO Payout Ratio	44.1%	14.03%	14.34%	14.85%	52.76%	-32.28%	13.4%	3.47%	3.06%	2.16%
NOI Margin	33.19%	34.54%	32.87%	31.7%	31.82%	-11.49%	17.02%	27.46%	24.95%	25.19%
Net Debt / EBITDA	4.85x	1.18x	1.12x	3.48x	5.84x	-	20.10x	10.49x	8.82x	7.53x
Debt / Assets	36.24%	35.46%	34.17%	39.41%	42.19%	45.93%	44.1%	44.15%	45.33%	45.1%
Interest Coverage	3.29x	3.19x	3.23x	1.24x	2.11x	-	-1.03x	0.18x	0.35x	0.82x
Book Value / Share	24.33	22.23	21.48	50.63	27.78	24.99	24.19	23.64	23.4	23.28
Revenue Growth	28.74%	5.91%	-5.77%	7.72%	94.55%	-72.53%	65.51%	89.88%	2.02%	2.35%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Occupancy	565.11M	1.1B	287.44M	483.19M	910.94M	914.11M	922.35M
Occupancy Growth	-	95.35%	-73.96%	68.10%	88.53%	0.35%	0.90%
Food and Beverage	199.09M	370.58M	95.89M	157.85M	346.7M	351.85M	372.37M
Food and Beverage Growth	-	86.14%	-74.12%	64.61%	119.64%	1.49%	5.83%
Hotel, Other	64.48M	137.68M	59.56M	92M	134.25M	153.99M	158.59M
Hotel, Other Growth	-	113.52%	-56.74%	54.48%	45.92%	14.70%	2.99%

Revenue by Geography

	2018	2019	2020	2021	2022	2023	2024
San Diego, California	-	243.6M	96.07M	165.98M	303.7M	307M	334.61M
San Diego, California Growth	-	-	-60.56%	72.76%	82.98%	1.09%	8.99%
Boston, Massachusetts	-	273.67M	63.36M	124.44M	243.86M	265.96M	274.21M
Boston, Massachusetts Growth	-	-	-76.85%	96.41%	95.97%	9.06%	3.10%
Southern Florida And Georgia	-	-	-	166.31M	271.17M	229.85M	250.45M
Southern Florida And Georgia Growth	-	-	-	-	63.05%	-15.24%	8.96%
Los Angeles, California	-	200.4M	51.66M	94.28M	168.31M	188M	181.49M
Los Angeles, California Growth	-	-	-74.22%	82.48%	78.53%	11.70%	-3.46%
San Francisco, California	-	319.19M	66.9M	43.6M	116.02M	145.14M	128M
San Francisco, California Growth	-	-	-79.04%	-34.82%	166.10%	25.09%	-11.81%
Portland, Oregon	-	105.57M	27.17M	53.98M	87.63M	78.95M	77.72M
Portland, Oregon Growth	-	-	-74.26%	98.64%	62.33%	-9.90%	-1.56%
Chicago, Illinois	3.88M	82.69M	15.6M	27.28M	68.4M	75.14M	77.69M
Chicago, Illinois Growth	-	2028.44%	-81.13%	74.82%	150.75%	9.85%	3.39%
DISTRICT OF COLUMBIA	34.73M	111.55M	12.74M	20.63M	51.94M	68.57M	70.69M
DISTRICT OF COLUMBIA Growth	-	221.19%	-88.58%	61.94%	151.75%	32.02%	3.09%
Other	108.58M	128.63M	27.45M	28.61M	63.07M	55.79M	58.45M
Other Growth	-	18.46%	-78.66%	4.21%	120.47%	-11.55%	4.78%
Seattle, Washington	-	31.31M	4.96M	7.95M	17.8M	5.55M	-
Seattle, Washington Growth	-	-	-84.16%	60.20%	123.95%	-68.81%	-
Southern Florida	63.82M	115.6M	76.97M	-	-	-	-
Southern Florida Growth	-	81.12%	-33.42%	-	-	-	-
San Francisco	193.71M	-	-	-	-	-	-
San Francisco Growth	-	-	-	-	-	-	-
Los Angeles	128.02M	-	-	-	-	-	-
Los Angeles Growth	-	-	-	-	-	-	-
Portland	98.27M	-	-	-	-	-	-
Portland Growth	-	-	-	-	-	-	-
Boston	85.68M	-	-	-	-	-	-
Boston Growth	-	-	-	-	-	-	-
San Diego	78.97M	-	-	-	-	-	-
San Diego Growth	-	-	-	-	-	-	-
Seattle	33.02M	-	-	-	-	-	-
Seattle Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Pebblebrook Hotel Trust (PEB) reported $1.46B in revenue for fiscal year 2024. This represents a 408% increase from $288.0M in 2011.

Pebblebrook Hotel Trust (PEB) grew revenue by 2.3% over the past year. Growth has been modest.

Pebblebrook Hotel Trust (PEB) reported a net loss of $98.4M for fiscal year 2024.

Dividend & Returns

Yes, Pebblebrook Hotel Trust (PEB) pays a dividend with a yield of 0.33%. This makes it attractive for income-focused investors.

Pebblebrook Hotel Trust (PEB) has a return on equity (ROE) of -0.2%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Pebblebrook Hotel Trust (PEB) generated Funds From Operations (FFO) of $131.8M in the trailing twelve months. FFO is the primary profitability metric for REITs.

US Stock Screener

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Pebblebrook Hotel Trust (PEB) 10-Year Financial Performance & Capital Metrics

PEB • • REIT / Real Estate

Real EstateHotel REITsConvention & Resort CentersLifestyle & Boutique Hotels

Revenue $1.45B +2.3%
FFO $225M +38.5%
FFO/Share 1.88 +40.9%
FFO Payout 2.16% -29.3%
FFO per Share 1.88 +40.9%
NOI Margin 25.19% +1.0%
FFO Margin 15.5% +35.4%
ROE -0.15% +94.3%
ROA -0.07% +94.4%
Debt/Assets 45.1% -0.5%
Net Debt/EBITDA 7.53 -14.7%
Book Value/Share 23.28 -0.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 8/9
✓Sustainable FFO payout ratio of 2.2%
✓Trading at only 0.5x book value

✗Weaknesses

✗FFO declining 44.3% TTM
✗Low NOI margin of 25.2%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y9.27%

5Y-2.05%

3Y25.62%

TTM0.99%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-2856.73%

EPS CAGR

10Y-

5Y-

3Y-

TTM-309.55%

ROCE

10Y Avg1.59%

5Y Avg-0.74%

3Y Avg0.91%

Latest1.7%

Peer Comparison

Lifestyle & Boutique Hotels

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DRHDiamondRock Hospitality Company	1.89B	9.30	51.67	5.12%	5.69%	4.06%	7.54%	0.74
PEBPebblebrook Hotel Trust	1.38B	12.13	-31.10	2.35%	-6.72%	-3.78%	19.96%	0.92

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	770.86M	816.42M	769.32M	828.68M	1.61B	442.89M	733.04M	1.39B	1.42B	1.45B
Revenue Growth %	0.29%	0.06%	-0.06%	0.08%	0.95%	-0.73%	0.66%	0.9%	0.02%	0.02%
Property Operating Expenses	515.02M	534.41M	516.47M	566.02M	1.1B	493.76M	608.25M	1.01B	1.07B	1.09B
Net Operating Income (NOI)+	-	-	-	-	-	-	-	-	-	-
NOI Margin %	-	-	-	-	-	-	-	-	-	-
Operating Expenses+	123.52M	130.54M	126.34M	130.99M	283.69M	241.84M	214.58M	367.56M	316.46M	282.1M
G&A Expenses	27.65M	28.11M	24.05M	22.51M	34.05M	45.16M	38.17M	39.19M	44.79M	48.08M
EBITDA+	223.51M	816.42M	769.32M	765.44M	464.22M	-68.15M	134.46M	254.31M	278.45M	313.56M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization+	95.87M	677.1M	648.81M	698.46M	234.88M	224.56M	224.25M	239.58M	240.65M	229.53M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income+	127.64M	139.32M	120.5M	66.97M	229.34M	-292.71M	-89.79M	14.72M	37.81M	84.03M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Interest Expense+	38.77M	43.62M	37.3M	53.92M	108.47M	0	86.89M	83.52M	107.56M	102.48M
Interest Coverage	3.29x	3.19x	3.23x	1.24x	2.11x	-	-1.03x	0.18x	0.35x	0.82x
Non-Operating Income	-8.72M	24.61M	-14.84M	487K	7.09M	6.78M	9.63M	15.9M	3.88M	7.16M
Pretax Income+	97.58M	73.83M	100.44M	15.13M	120.9M	-396.29M	-186.31M	-84.7M	-73.62M	-25.61M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	2.59M	-134K	181K	1.74M	5.17M	-3.7M	61K	277K	655K	-25.63M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	94.67M	73.7M	99.89M	13.39M	115.44M	-391.73M	-184.86M	-87.17M	-78.02M	-4.24M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.3%	-0.22%	0.36%	-0.87%	7.62%	-4.39%	0.53%	0.53%	0.11%	0.95%
Funds From Operations (FFO)+	-	-	-	-	-	-	-	-	-	-
FFO Margin %	-	-	-	-	-	-	-	-	-	-
FFO Growth %	0.35%	2.94%	-0%	-0.05%	-0.51%	-1.48%	1.24%	2.87%	0.07%	0.39%
FFO per Share+	-	-	-	-	-	-	-	-	-	-
FFO Payout Ratio %	-	-	-	-	-	-	-	-	-	-
EPS (Diluted)+	0.94	0.64	1.19	0.18	0.63	-3.25	-1.80	-0.95	-0.93	-0.39
EPS Growth %	0.32%	-0.32%	0.86%	-0.85%	2.5%	-6.16%	0.45%	0.47%	0.02%	0.58%
EPS (Basic)	0.95	0.65	1.20	0.18	0.63	-3.25	-1.80	-0.95	-0.93	-0.39
Diluted Shares Outstanding	72.38M	72.37M	69.98M	74.29M	130.72M	130.61M	130.8M	130.45M	121.81M	119.78M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	3.06B	2.81B	2.59B	6.97B	6.5B	6.08B	6.26B	6.13B	5.82B	5.69B
Asset Growth %	0.11%	-0.08%	-0.08%	1.69%	-0.07%	-0.06%	0.03%	-0.02%	-0.05%	-0.02%
Real Estate & Other Assets+	2.68B	2.67B	2.46B	6.53B	6.33B	5.88B	6.13B	6.04B	5.59B	5.44B
PP&E (Net)	30.22M	29.63M	29.04M	199.75M	0	0	0	0	0	0
Investment Securities	1000K	-1000K	-1000K	-1000K	0	0	0	0	0	0
Total Current Assets+	103.19M	106.98M	105.38M	244.41M	165.97M	194.34M	129.29M	97.53M	237.55M	256.72M
Cash & Equivalents	26.34M	33.41M	25.41M	83.37M	30.1M	124.27M	58.52M	41.04M	183.75M	206.65M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Assets	54.47M	45.88M	50.77M	101.15M	26.78M	12.03M	-18.84M	11.23M	9.89M	10.94M
Intangible Assets	30.22M	29.63M	29.04M	199.75M	0	0	0	0	0	0
Total Liabilities	1.3B	1.2B	1.09B	3.21B	2.87B	2.81B	3.1B	3.05B	2.97B	2.91B
Total Debt+	1.11B	996.25M	885.24M	2.75B	2.74B	2.79B	2.76B	2.71B	2.64B	2.57B
Net Debt	1.08B	962.84M	859.83M	2.66B	2.71B	2.67B	2.7B	2.67B	2.46B	2.36B
Long-Term Debt	1.11B	926.21M	885.24M	2.75B	2.23B	2.28B	2.44B	1.88B	1.4B	2.23B
Short-Term Borrowings	1000K	1000K	0	0	0	0	0	1000K	1000K	1000K
Capital Lease Obligations	0	100K	100K	204K	256.27M	255.11M	319.43M	320.4M	320.62M	320.74M
Total Current Liabilities+	174.32M	184.78M	182.72M	461.52M	381.13M	276.46M	335.97M	848.9M	1.26B	355.17M
Accounts Payable	141.9M	149.28M	141.29M	360.28M	260.17M	226.45M	250.58M	250.52M	238.64M	222.23M
Deferred Revenue	-165M	-82M	-45M	54.74M	57.7M	36.06M	69.06M	73.6M	76.87M	92.35M
Other Liabilities	-85.95M	0	7.53M	352.04M	-57.7M	0	0	0	0	0
Total Equity+	1.76B	1.61B	1.5B	3.76B	3.63B	3.26B	3.16B	3.08B	2.85B	2.79B
Equity Growth %	-0.01%	-0.09%	-0.07%	1.5%	-0.03%	-0.1%	-0.03%	-0.03%	-0.08%	-0.02%
Shareholders Equity	1.76B	1.61B	1.5B	3.75B	3.62B	3.26B	3.16B	3B	2.76B	2.7B
Minority Interest	2.44M	3.43M	4.63M	10.1M	10.73M	6.99M	7.72M	88.03M	86.84M	90.45M
Common Stock	717K	719K	688K	1.3M	1.3M	1.31M	1.31M	1.26M	1.2M	1.19M
Additional Paid-in Capital	1.87B	1.78B	1.69B	4.07B	4.07B	4.17B	4.27B	4.18B	4.08B	4.07B
Retained Earnings	-105.77M	-169.23M	-191.01M	-308.81M	-425M	-853.97M	-1.09B	-1.22B	-1.34B	-1.39B
Preferred Stock	140K	100K	100K	204K	204K	204K	296K	286K	276K	276K
Return on Assets (ROA)	0.03%	0.03%	0.04%	0%	0.02%	-0.06%	-0.03%	-0.01%	-0.01%	-0%
Return on Equity (ROE)	0.05%	0.04%	0.06%	0.01%	0.03%	-0.11%	-0.06%	-0.03%	-0.03%	-0%
Debt / Assets	0.36%	0.35%	0.34%	0.39%	0.42%	0.46%	0.44%	0.44%	0.45%	0.45%
Debt / Equity	0.63x	0.62x	0.59x	0.73x	0.75x	0.85x	0.87x	0.88x	0.93x	0.92x
Net Debt / EBITDA	4.85x	1.18x	1.12x	3.48x	5.84x	-	20.10x	10.49x	8.82x	7.53x
Book Value per Share	24.33	22.23	21.48	50.63	27.78	24.99	24.19	23.64	23.40	23.28

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	220.72M	241.26M	195.05M	135.7M	395.2M	-201.78M	70.77M	278.75M	236.2M	275M
Operating CF Growth %	0.37%	0.09%	-0.19%	-0.3%	1.91%	-1.51%	1.35%	2.94%	-0.15%	0.16%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	95M	73.96M	100.26M	13.38M	115.72M	-392.59M	-186.37M	-84.98M	-74.28M	16K
Depreciation & Amortization	95.87M	102.44M	102.29M	108.47M	234.88M	224.56M	224.25M	239.58M	240.65M	229.53M
Stock-Based Compensation	8.33M	8.47M	5.65M	6.23M	8.24M	22.78M	11.43M	11.35M	12.54M	13.6M
Other Non-Cash Items	4.39M	6.93M	7.3M	24.26M	26.11M	23.75M	21.73M	102.13M	65.63M	42.16M
Working Capital Changes	7.1M	11.65M	-9.16M	-21.77M	13.07M	-37.42M	49.59M	10.66M	-8.35M	18.17M
Cash from Investing+	-399.89M	298.69M	131.17M	-1.78B	299.97M	250.12M	-81.57M	-109.39M	142.02M	-92.83M
Acquisitions (Net)	-305M	2.53M	8M	-1.37B	-125K	-248.76M	84.18M	111.82M	0	0
Purchase of Investments	-305.15M	0	-1.25M	-356.18M	-637K	-1.35M	-256.28M	-249.63M	0	0
Sale of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	0
Other Investing	-94.62M	296.24M	123.21M	-55.89M	-168.87M	250.12M	-81.57M	-109.39M	142.02M	-92.83M
Cash from Financing+	152.64M	-532.89M	-334.22M	1.72B	-746.11M	31.08M	-33.25M	-209.34M	-236.85M	-158.22M
Dividends Paid	-109.99M	-127.09M	-123.42M	-121.82M	-217.39M	-86.52M	-44.72M	-52.66M	-53.58M	-52.05M
Common Dividends	-84.04M	-105.32M	-107.33M	-105.73M	-184.84M	-53.96M	-5.28M	-5.29M	-4.97M	-4.87M
Debt Issuance (Net)	1000K	-1000K	-1000K	1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K
Share Repurchases	-4.09M	-227.55M	-95.98M	-2.51M	-4.01M	-1.25M	-720K	-86.72M	-92.75M	-16.85M
Other Financing	-1.79M	935K	-5.5M	-30.56M	-1.5M	-56.15M	-54.17M	-2.58M	-3.64M	-23.89M
Net Change in Cash+	-26.54M	7.07M	-8M	75.28M	-50.94M	79.42M	-44.05M	-39.98M	141.37M	23.95M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	52.88M	26.34M	33.41M	32.53M	107.81M	56.88M	136.3M	92.25M	52.27M	193.64M
Cash at End	26.34M	33.41M	25.41M	107.81M	56.88M	136.3M	92.25M	52.27M	193.64M	217.59M
Free Cash Flow+	220.44M	241.19M	195.01M	135.53M	394.45M	-326.79M	-13.06M	162M	236.2M	275M
FCF Growth %	0.38%	0.09%	-0.19%	-0.3%	1.91%	-1.83%	0.96%	13.4%	0.46%	0.16%
FCF / Revenue %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
FFO per Share	2.63	10.37	10.7	9.58	2.68	-1.28	0.3	1.17	1.34	1.88
FFO Payout Ratio	44.1%	14.03%	14.34%	14.85%	52.76%	-32.28%	13.4%	3.47%	3.06%	2.16%
NOI Margin	33.19%	34.54%	32.87%	31.7%	31.82%	-11.49%	17.02%	27.46%	24.95%	25.19%
Net Debt / EBITDA	4.85x	1.18x	1.12x	3.48x	5.84x	-	20.10x	10.49x	8.82x	7.53x
Debt / Assets	36.24%	35.46%	34.17%	39.41%	42.19%	45.93%	44.1%	44.15%	45.33%	45.1%
Interest Coverage	3.29x	3.19x	3.23x	1.24x	2.11x	-	-1.03x	0.18x	0.35x	0.82x
Book Value / Share	24.33	22.23	21.48	50.63	27.78	24.99	24.19	23.64	23.4	23.28
Revenue Growth	28.74%	5.91%	-5.77%	7.72%	94.55%	-72.53%	65.51%	89.88%	2.02%	2.35%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Occupancy	565.11M	1.1B	287.44M	483.19M	910.94M	914.11M	922.35M
Occupancy Growth	-	95.35%	-73.96%	68.10%	88.53%	0.35%	0.90%
Food and Beverage	199.09M	370.58M	95.89M	157.85M	346.7M	351.85M	372.37M
Food and Beverage Growth	-	86.14%	-74.12%	64.61%	119.64%	1.49%	5.83%
Hotel, Other	64.48M	137.68M	59.56M	92M	134.25M	153.99M	158.59M
Hotel, Other Growth	-	113.52%	-56.74%	54.48%	45.92%	14.70%	2.99%

Revenue by Geography

	2018	2019	2020	2021	2022	2023	2024
San Diego, California	-	243.6M	96.07M	165.98M	303.7M	307M	334.61M
San Diego, California Growth	-	-	-60.56%	72.76%	82.98%	1.09%	8.99%
Boston, Massachusetts	-	273.67M	63.36M	124.44M	243.86M	265.96M	274.21M
Boston, Massachusetts Growth	-	-	-76.85%	96.41%	95.97%	9.06%	3.10%
Southern Florida And Georgia	-	-	-	166.31M	271.17M	229.85M	250.45M
Southern Florida And Georgia Growth	-	-	-	-	63.05%	-15.24%	8.96%
Los Angeles, California	-	200.4M	51.66M	94.28M	168.31M	188M	181.49M
Los Angeles, California Growth	-	-	-74.22%	82.48%	78.53%	11.70%	-3.46%
San Francisco, California	-	319.19M	66.9M	43.6M	116.02M	145.14M	128M
San Francisco, California Growth	-	-	-79.04%	-34.82%	166.10%	25.09%	-11.81%
Portland, Oregon	-	105.57M	27.17M	53.98M	87.63M	78.95M	77.72M
Portland, Oregon Growth	-	-	-74.26%	98.64%	62.33%	-9.90%	-1.56%
Chicago, Illinois	3.88M	82.69M	15.6M	27.28M	68.4M	75.14M	77.69M
Chicago, Illinois Growth	-	2028.44%	-81.13%	74.82%	150.75%	9.85%	3.39%
DISTRICT OF COLUMBIA	34.73M	111.55M	12.74M	20.63M	51.94M	68.57M	70.69M
DISTRICT OF COLUMBIA Growth	-	221.19%	-88.58%	61.94%	151.75%	32.02%	3.09%
Other	108.58M	128.63M	27.45M	28.61M	63.07M	55.79M	58.45M
Other Growth	-	18.46%	-78.66%	4.21%	120.47%	-11.55%	4.78%
Seattle, Washington	-	31.31M	4.96M	7.95M	17.8M	5.55M	-
Seattle, Washington Growth	-	-	-84.16%	60.20%	123.95%	-68.81%	-
Southern Florida	63.82M	115.6M	76.97M	-	-	-	-
Southern Florida Growth	-	81.12%	-33.42%	-	-	-	-
San Francisco	193.71M	-	-	-	-	-	-
San Francisco Growth	-	-	-	-	-	-	-
Los Angeles	128.02M	-	-	-	-	-	-
Los Angeles Growth	-	-	-	-	-	-	-
Portland	98.27M	-	-	-	-	-	-
Portland Growth	-	-	-	-	-	-	-
Boston	85.68M	-	-	-	-	-	-
Boston Growth	-	-	-	-	-	-	-
San Diego	78.97M	-	-	-	-	-	-
San Diego Growth	-	-	-	-	-	-	-
Seattle	33.02M	-	-	-	-	-	-
Seattle Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Pebblebrook Hotel Trust (PEB) reported $1.46B in revenue for fiscal year 2024. This represents a 408% increase from $288.0M in 2011.

Pebblebrook Hotel Trust (PEB) grew revenue by 2.3% over the past year. Growth has been modest.

Pebblebrook Hotel Trust (PEB) reported a net loss of $98.4M for fiscal year 2024.

Dividend & Returns

Yes, Pebblebrook Hotel Trust (PEB) pays a dividend with a yield of 0.33%. This makes it attractive for income-focused investors.

Pebblebrook Hotel Trust (PEB) has a return on equity (ROE) of -0.2%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Pebblebrook Hotel Trust (PEB) generated Funds From Operations (FFO) of $131.8M in the trailing twelve months. FFO is the primary profitability metric for REITs.