8-K Announcements
6May 6, 2026·SEC
Apr 30, 2026·SEC
Apr 23, 2026·SEC
Braemar Hotels & Resorts Inc. (BHR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Braemar Hotels & Resorts Inc. (BHR) stock price & volume — 10-year historical chart
Braemar Hotels & Resorts Inc. (BHR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Braemar Hotels & Resorts Inc. (BHR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.67vs $0.51-31.4% | $166Mvs $147M+12.5% |
| Q4 2025 | Nov 4, 2025 | $0.19vs $0.11-72.7% | $144Mvs $147M-2.5% |
| Q3 2025 | Jul 31, 2025 | $0.09vs $0.12-25.0% | $179Mvs $143M+25.6% |
| Q2 2025 | May 7, 2025 | $0.40vs $0.34+17.6% | $216Mvs $170M+27.3% |
Braemar Hotels & Resorts Inc. (BHR) competitors in Luxury, resort and convention hotels — business model, growth, and fundamentals comparison
Braemar Hotels & Resorts Inc. (BHR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Braemar Hotels & Resorts Inc. (BHR) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 414.06M | 431.4M | 487.61M | 226.97M | 427.54M | 669.59M | 739.34M | 728.4M | 704.01M |
| Revenue Growth % | 2.02% | 4.19% | 13.03% | -53.45% | 88.37% | 56.61% | 10.42% | -1.48% | -3.35% |
| Property Operating Expenses | 302.07M | 312.19M | 372.12M | 218.46M | 344.66M | 505.1M | 570.88M | 574.73M | 711.59M |
| Net Operating Income (NOI) | 112M▲ 0% | 119.21M▲ 6.4% | 115.49M▼ 3.1% | 8.51M▼ 92.6% | 82.88M▲ 873.4% | 164.49M▲ 98.5% | 168.47M▲ 2.4% | 153.68M▼ 8.8% | -7.58M▼ 104.9% |
| NOI Margin % | 27.05% | 27.63% | 23.68% | 3.75% | 19.38% | 24.57% | 22.79% | 21.1% | -1.08% |
| Operating Expenses | 60.41M | 68.1M | 51.09M | 88.36M | 81.43M | 96.09M | 106.8M | 24.93M | -51.28M |
| G&A Expenses | 20.68M | 25.81M | 5.43M | 25.14M | 8.72M | 18.08M | 13.52M | 14.36M | 11.75M |
| EBITDA | 400.33M | 455.16M | 135.17M | -5.65M | 75.72M | 146.99M | 155.42M | 227.94M | 135.67M |
| EBITDA Margin % | 96.68% | 105.51% | 27.72% | -2.49% | 17.71% | 21.95% | 21.02% | 31.29% | 19.27% |
| Depreciation & Amortization | 361.49M | 389.33M | 70.76M | 74.2M | 74.27M | 78.6M | 93.75M | 99.19M | 92.58M |
| D&A / Revenue % | 87.3% | 90.25% | 14.51% | 32.69% | 17.37% | 11.74% | 12.68% | 13.62% | 13.15% |
| Operating Income | 38.84M▲ 0% | 65.83M▲ 69.5% | 64.4M▼ 2.2% | -79.85M▼ 224.0% | 1.45M▲ 101.8% | 68.39M▲ 4620.0% | 61.67M▼ 9.8% | 128.75M▲ 108.8% | 43.09M▼ 66.5% |
| Operating Margin % | 9.38% | 15.26% | 13.21% | -35.18% | 0.34% | 10.21% | 8.34% | 17.68% | 6.12% |
| Interest Expense | 38.94M | 49.65M | 54.51M | 45.1M | 30.9M | 52.17M | 94.22M | 108.12M | 88.36M |
| Interest Coverage | 1.71x | 1.10x | 1.05x | -1.86x | -0.02x | 1.45x | 0.70x | 1.19x | 0.82x |
| Non-Operating Income | -4.1M | 11.15M | 6.94M | 4.13M | 2.13M | -7.16M | -4.61M | 21K | -29.02M |
| Pretax Income | 27.8M▲ 0% | 5.02M▼ 82.0% | 2.96M▼ 41.0% | -129.08M▼ 4460.9% | -31.59M▲ 75.5% | 23.39M▲ 174.1% | -27.94M▼ 219.4% | 20.61M▲ 173.7% | -26.43M▼ 228.3% |
| Pretax Margin % | 6.71% | 1.16% | 0.61% | -56.87% | -7.39% | 3.49% | -3.78% | 2.83% | -3.75% |
| Income Tax | -522K | 2.43M | 1.76M | -4.41M | 1.32M | 4.04M | 2.69M | 842K | 1.98M |
| Effective Tax Rate % | -1.88% | 48.48% | 59.59% | 3.41% | -4.19% | 17.28% | -9.62% | 4.09% | -7.49% |
| Net Income | 23.02M▲ 0% | 1.32M▼ 94.3% | 371K▼ 71.9% | -105.26M▼ 28472.5% | -26.66M▲ 74.7% | 17.76M▲ 166.6% | -27.02M▼ 252.1% | -1.69M▲ 93.7% | -22.32M▼ 1218.3% |
| Net Margin % | 5.56% | 0.31% | 0.08% | -46.38% | -6.24% | 2.65% | -3.65% | -0.23% | -3.17% |
| Net Income Growth % | 19.19% | -94.27% | -71.89% | -28472.51% | 74.67% | 166.61% | -252.11% | 93.73% | -1218.25% |
| Funds From Operations (FFO) | 384.51M▲ 0% | 390.65M▲ 1.6% | 71.13M▼ 81.8% | -31.06M▼ 143.7% | 47.61M▲ 253.3% | 96.36M▲ 102.4% | 66.73M▼ 30.7% | 97.49M▲ 46.1% | 70.26M▼ 27.9% |
| FFO Margin % | 92.86% | 90.55% | 14.59% | -13.68% | 11.14% | 14.39% | 9.03% | 13.38% | 9.98% |
| FFO Growth % | 1.83% | 1.6% | -81.79% | -143.66% | 253.3% | 102.39% | -30.75% | 46.1% | -27.93% |
| FFO per Share | 11.08 | 12.23 | 2.20 | -0.91 | 0.90 | 1.38 | 1.01 | 1.47 | 1.04 |
| FFO Payout Ratio % | 7.05% | 7.76% | 46.97% | -52.01% | 19.09% | 21.55% | 78.77% | 52.88% | 67.38% |
| EPS (Diluted) | 0.51▲ 0% | 0.04▼ 91.9% | 0.04▼ 10.4% | -3.67▼ 10018.9% | -0.62▲ 83.1% | -0.15▲ 75.8% | -1.13▼ 653.3% | -0.77▲ 31.9% | -0.36▲ 53.2% |
| EPS Growth % | -7.27% | -91.9% | -10.41% | -10018.92% | 83.11% | 75.81% | -653.33% | 31.86% | 53.25% |
| EPS (Basic) | 0.52 | 0.04 | 0.04 | -3.67 | -0.62 | -0.15 | -1.13 | -0.77 | -0.36 |
| Diluted Shares Outstanding | 34.71M | 31.94M | 32.29M | 34M | 52.68M | 69.69M | 65.99M | 66.5M | 67.62M |
Braemar Hotels & Resorts Inc. (BHR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1.42B | 1.64B | 1.76B | 1.67B | 1.88B | 2.4B | 2.23B | 2.14B | 1.86B |
| Asset Growth % | 13.27% | 14.94% | 7.48% | -4.83% | 12.28% | 27.57% | -7.13% | -4.08% | -12.84% |
| Real Estate & Other Assets | 1.16B | 1.31B | 13.02M | 14.9M | 1.47B | 1.91B | 1.9B | 19.61M | -1.56B |
| PP&E (Net) | 1.15B | 1.3B | 1.56B | 1.51B | 80.46M | 79.45M | 78.38M | 1.81B | 30.74M |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 226.63M | 282.43M | 174.99M | 146.93M | 323.79M | 406.99M | 241.23M | 258.1M | 161.94M |
| Cash & Equivalents | 137.52M | 182.58M | 72M | 78.61M | 216M | 261.54M | 85.6M | 135.47M | 124.35M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 51.49M | 80.32M | 81.1M | 52.21M | 47.38M | 54.16M | 80.9M | 85.86M | 0 |
| Intangible Assets | 22.55M | 27.68M | 5.02M | 4.64M | 4.26M | 3.88M | 3.5M | 3.13M | 2.75M |
| Total Liabilities | 894.52M | 1.09B | 1.25B | 1.28B | 1.46B | 1.96B | 1.41B | 1.41B | 1.34B |
| Total Debt | 820.96M | 985.87M | 1.12B | 1.19B | 1.23B | 1.39B | 1.22B | 1.23B | 1.17B |
| Net Debt | 683.44M | 803.29M | 1.05B | 1.11B | 1.02B | 1.13B | 1.14B | 1.09B | 1.05B |
| Long-Term Debt | 820.96M | 619.29M | 1.06B | 1.13B | 1.17B | 1.33B | 1.16B | 916.84M | 1.08B |
| Short-Term Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 293.18M | 74.28M |
| Capital Lease Obligations | 0 | 0 | 61.12M | 60.92M | 60.94M | 60.69M | 60.38M | 19.98M | 20.06M |
| Total Current Liabilities | 68.36M | 78.49M | 110.09M | 68.66M | 100.57M | 154.26M | 166.15M | 454.01M | 74.28M |
| Accounts Payable | 56.8M | 64.12M | 93.85M | 61.64M | 96.32M | 133.98M | 100.47M | 84.87M | 0 |
| Deferred Revenue | -200.1M | -366.59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 5.2M | 395.62M | 17.51M | 18.08M | 126.95M | 414.31M | 19.33M | 24.27M | 162.18M |
| Total Equity | 529.3M▲ 0% | 543.09M▲ 2.6% | 511.74M▼ 5.8% | 395.77M▼ 22.7% | 418.38M▲ 5.7% | 434.32M▲ 3.8% | 818.53M▲ 88.5% | 722.17M▼ 11.8% | 525.12M▼ 27.3% |
| Equity Growth % | 23.4% | 2.61% | -5.77% | -22.66% | 5.71% | 3.81% | 88.46% | -11.77% | -27.29% |
| Shareholders Equity | 487.43M | 503.6M | 476.19M | 383.21M | 398.85M | 410.11M | 795.07M | 695.57M | 504.02M |
| Minority Interest | 41.87M | 39.49M | 35.56M | 12.57M | 19.54M | 24.21M | 23.46M | 26.6M | 19M |
| Common Stock | 321K | 325K | 329K | 382K | 653K | 699K | 666K | 665K | 682K |
| Additional Paid-in Capital | 469.79M | 512.54M | 519.55M | 541.87M | 707.42M | 734.13M | 718.5M | 718.54M | 706.49M |
| Retained Earnings | -88.81M | -115.41M | -150.63M | -266.01M | -309.24M | -324.74M | -412.2M | -477.8M | -568.5M |
| Preferred Stock | 106.12M | 106.14M | 106.94M | 106.97M | 16K | 16K | 488.1M | 454.86M | 365.35M |
| Return on Assets (ROA) | 1.72% | 0.09% | 0.02% | -6.13% | -1.5% | 0.83% | -1.17% | -0.08% | -1.12% |
| Return on Equity (ROE) | 4.81% | 0.25% | 0.07% | -23.2% | -6.55% | 4.17% | -4.31% | -0.22% | -3.58% |
| Debt / Assets | 57.66% | 60.24% | 63.65% | 71.18% | 65.63% | 58.17% | 54.91% | 57.58% | 63.08% |
| Debt / Equity | 1.55x | 1.82x | 2.19x | 3.01x | 2.95x | 3.21x | 1.49x | 1.70x | 2.24x |
| Net Debt / EBITDA | 1.71x | 1.76x | 7.75x | - | 13.44x | 7.71x | 7.32x | 4.80x | 7.74x |
| Book Value per Share | 15.25 | 17.00 | 15.85 | 11.64 | 7.94 | 6.23 | 12.40 | 10.86 | 7.77 |
Braemar Hotels & Resorts Inc. (BHR) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 70.61M | 70.73M | 66.26M | -50.29M | 63.95M | 109.48M | 84.71M | 66.82M | 40.78M |
| Operating CF Growth % | 23.68% | 0.18% | -6.32% | -175.89% | 227.17% | 71.2% | -22.63% | -21.12% | -38.97% |
| Operating CF / Revenue % | 17.05% | 16.4% | 13.59% | -22.16% | 14.96% | 16.35% | 11.46% | 9.17% | 5.79% |
| Net Income | 28.32M | 2.58M | 1.2M | -124.68M | -32.91M | 19.35M | -30.63M | 19.76M | -28.41M |
| Depreciation & Amortization | 52.44M | 57.58M | 70.76M | 74.2M | 74.27M | 78.6M | 93.75M | 99.19M | 93.01M |
| Stock-Based Compensation | -1.33M | 7M | 7.94M | 7.89M | 10.2M | 11.29M | 9.24M | 2.61M | -446K |
| Other Non-Cash Items | -22.48M | 4.34M | -12.99M | -3.38M | 1.46M | -5.21M | 4.09M | -75.59M | -14.05M |
| Working Capital Changes | 13.04M | 34K | -1.41M | -3.37M | 11.12M | 5.42M | 6.93M | 20.95M | -10.38M |
| Cash from Investing | -173.94M | -166.82M | -226.43M | -16.54M | -41.68M | -402.22M | -77.07M | 35.51M | 195.34M |
| Acquisitions (Net) | -248.2M | -2M | 265K | -26K | -233K | -328K | -238K | -79K | 0 |
| Purchase of Investments | 248.2M | -2M | 0 | -26K | -17.85M | 0 | 0 | -42.28M | 0 |
| Sale of Investments | 2.29M | 65.34M | 0 | 25.58M | 43.49M | 0 | 0 | 0 | 40.71M |
| Other Investing | 11.92M | 32.36M | -226.69M | -16.52M | -41.44M | -401.89M | -76.75M | 77.87M | 154.64M |
| Cash from Financing | 124.03M | 169.24M | 32.06M | 49.59M | 127.95M | 345.06M | -156.84M | -83.77M | -254.35M |
| Dividends Paid | -27.1M | -30.33M | -33.41M | -16.15M | -9.09M | -20.76M | -52.56M | -51.56M | -47.34M |
| Common Dividends | -27.1M | -30.33M | -33.41M | -16.15M | -9.09M | -20.76M | -52.56M | -51.56M | -47.34M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | -993K | 1000K | -1000K | 1000K | -1000K |
| Share Repurchases | -395K | -323K | -384K | -263K | -376K | -7.41M | -26.47M | -369K | -77.55M |
| Other Financing | 92.25M | -12.52M | -7.21M | -9.22M | -909K | -6.89M | -2.14M | -36.14M | -14.18M |
| Net Change in Cash | 20.7M▲ 0% | 73.15M▲ 253.4% | -128.1M▼ 275.1% | -17.23M▲ 86.5% | 150.22M▲ 971.7% | 52.32M▼ 65.2% | -149.19M▼ 385.1% | 18.55M▲ 112.4% | -18.22M▼ 198.2% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 164.65M | 185.34M | 258.49M | 130.38M | 113.15M | 263.37M | 315.7M | 166.5M | 185.06M |
| Cash at End | 185.34M | 258.49M | 130.38M | 113.15M | 263.37M | 315.7M | 166.5M | 185.06M | 166.83M |
| Free Cash Flow | -117.54M▲ 0% | -126.45M▼ 7.6% | 66.26M▲ 152.4% | -75.84M▼ 214.5% | 38.31M▲ 150.5% | 109.48M▲ 185.8% | 84.64M▼ 22.7% | 66.82M▼ 21.1% | -37.13M▼ 155.6% |
| FCF Growth % | -200.98% | -7.58% | 152.4% | -214.45% | 150.51% | 185.81% | -22.69% | -21.05% | -155.56% |
| FCF / Revenue % | -28.39% | -29.31% | 13.59% | -33.41% | 8.96% | 16.35% | 11.45% | 9.17% | -5.27% |
Braemar Hotels & Resorts Inc. (BHR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 12.1 | 11.08 | 12.23 | 2.2 | -0.91 | 0.9 | 1.38 | 1.01 | 1.47 | 1.04 |
| FFO Payout Ratio | 4.47% | 7.05% | 7.76% | 46.97% | -52.01% | 19.09% | 21.55% | 78.77% | 52.88% | 67.38% |
| NOI Margin | 27.5% | 27.05% | 27.63% | 23.68% | 3.75% | 19.38% | 24.57% | 22.79% | 21.1% | -1.08% |
| Net Debt / EBITDA | 1.57x | 1.71x | 1.76x | 7.75x | - | 13.44x | 7.71x | 7.32x | 4.80x | 7.74x |
| Debt / Assets | 60.83% | 57.66% | 60.24% | 63.65% | 71.18% | 65.63% | 58.17% | 54.91% | 57.58% | 63.08% |
| Interest Coverage | 1.63x | 1.71x | 1.10x | 1.05x | -1.86x | -0.02x | 1.45x | 0.70x | 1.19x | 0.82x |
| Book Value / Share | 13.75 | 15.25 | 17 | 15.85 | 11.64 | 7.94 | 6.23 | 12.4 | 10.86 | 7.77 |
| Revenue Growth | 16.11% | 2.02% | 4.19% | 13.03% | -53.45% | 88.37% | 56.61% | 10.42% | -1.48% | -3.35% |
Braemar Hotels & Resorts Inc. (BHR) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 6, 2026·SEC
Apr 30, 2026·SEC
Apr 23, 2026·SEC
Mar 12, 2026·SEC
Braemar Hotels & Resorts Inc. (BHR) stock FAQ — growth, dividends, profitability & financials explained
Braemar Hotels & Resorts Inc. (BHR) reported $704.0M in revenue for fiscal year 2025. This represents a 218% increase from $221.2M in 2012.
Braemar Hotels & Resorts Inc. (BHR) saw revenue decline by 3.3% over the past year.
Braemar Hotels & Resorts Inc. (BHR) reported a net loss of $22.3M for fiscal year 2025.
Yes, Braemar Hotels & Resorts Inc. (BHR) pays a dividend with a yield of 27.35%. This makes it attractive for income-focused investors.
Braemar Hotels & Resorts Inc. (BHR) has a return on equity (ROE) of -3.6%. Negative ROE indicates the company is unprofitable.
Braemar Hotels & Resorts Inc. (BHR) generated Funds From Operations (FFO) of $70.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Braemar Hotels & Resorts Inc. (BHR) offers a 27.35% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
Braemar Hotels & Resorts Inc. (BHR) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates