Braemar Hotels & Resorts Inc.

BHR-PB

BHR-PBBraemar Hotels & Resorts Inc. US flag

New York Stock Exchange

15.16

USD

-0.04

- -

173.42MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	192	221	233	307	350	406	414	431	488	227	428	670	739	728	704
+ Sales & Services Revenue	192	221	233	307	350	406	414	431	488	227	428	670	739	728	704
- Cost of Revenue	128	149	158	218	254	298	302	319	372	237	345	505	571	575	556
+ Cost of Goods & Services	128	149	158	218	254	298	302	319	372	237	345	505	571	575	556
Gross Profit	64	72	75	90	95	108	112	113	115	-10	83	164	168	154	148
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	39	40	42	44	49	60	60	62	76	80	82	96	107	113	104
+ Selling, General & Admin	10	11	11	3	5	14	8	4	5	7	9	18	14	14	12
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	30	30	31	41	44	46	52	57	70	73	74	78	93	99	93
Operating Income (Loss)	24	32	33	46	47	48	52	51	40	-90	- -	68	62	41	44
- Non-Operating (Income) Loss	22	31	49	41	51	22	24	46	37	39	32	45	90	20	70
+ Interest Expense, Net	32	31	33	39	38	41	38	48	53	45	31	49	88	101	92
+ Interest Expense	32	31	33	39	38	41	39	50	55	45	31	52	94	108	99
- Interest Income	- -	- -	- -	- -	- -	- -	1	2	1	- -	- -	3	6	7	6
+ Other Non-Op (Income) Loss	-10	- -	16	2	13	-19	-14	-2	-16	-6	1	-5	2	-81	-22
Pretax Income	2	1	-16	5	-4	26	28	5	3	-129	-32	23	-28	21	-26
- Income Tax Expense (Benefit)	3	4	2	1	- -	2	-1	2	2	-4	1	4	3	1	2
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	- -	-4	-18	4	-5	24	28	3	1	-125	-33	19	-31	20	-28
- Net Extraordinary Losses (Gains)	-2	2	-12	3	4	10	11	3	2	-39	-12	3	-7	43	-12
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-2	2	-12	3	4	10	11	3	2	-39	-12	3	-7	43	-12
Income (Loss) Incl. MI	2	-5	-6	- -	-9	14	18	- -	- -	-86	-20	16	-23	-23	-16
- Minority Interest	1	-1	6	-2	-2	-5	-5	-1	-1	19	6	-2	4	-21	6
Net Income, GAAP	1	-5	-12	2	-7	19	23	1	- -	-105	-27	18	-27	-2	-22
- Preferred Dividends	- -	- -	- -	- -	2	4	7	7	10	10	9	28	47	49	50
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	1	-5	-12	2	-9	15	16	-6	-10	-115	-35	-11	-74	-51	-73
EBIT	24	32	33	46	47	48	52	51	40	-90	- -	68	62	41	44
EBITDA	54	61	64	86	90	94	104	109	111	-16	75	147	155	140	137
EBITDA Margin (%)	28.12	27.64	27.25	28.02	25.81	23.06	25.12	25.19	22.7	-6.96	17.47	21.94	21.02	19.19	19.47
EBITA	24	32	33	46	47	48	52	51	40	-90	- -	68	62	41	44
Gross Margin (%)	33.23	32.64	32.27	29.14	27.31	26.56	27.05	26.13	23.68	-4.39	19.38	24.57	22.79	21.1	21.08
Operating Margin (%)	12.7	14.38	14.13	14.85	13.31	11.73	12.46	11.85	8.19	-39.65	0.09	10.2	8.34	5.57	6.26
Profit Margin (%)	0.33	-2.05	-5.05	0.63	-1.92	4.76	5.56	0.31	0.08	-46.38	-6.24	2.65	-3.65	-0.23	-3.17
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	30	29	31	40	44	46	52	58	71	74	74	79	94	99	93
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	69	186	231	175	207	227	282	174	147	324	407	238	258	254
+ Cash, Cash Equivalents & STI	- -	20	144	171	105	127	138	183	72	79	216	262	86	135	124
+ Cash & Cash Equivalents	- -	20	144	171	105	127	138	183	72	79	216	262	86	135	124
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	30	34	27	33	37	36	18	36	27	53	79	57	63	59
+ Accounts Receivable, Net	- -	6	7	12	13	18	14	13	19	14	24	51	39	32	33
+ Notes Receivable, Net	- -	8	8	8	8	8	8	- -	- -	- -	- -	- -	- -	8	9
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	16	18	6	11	11	14	5	17	13	29	28	18	23	17
+ Inventories	- -	- -	- -	1	1	1	1	2	3	3	3	5	5	5	5
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	1	1	1	1	2	3	3	3	5	5	5	5
+ Other ST Assets	- -	18	8	32	36	42	51	80	63	39	52	61	91	55	66
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	778	777	995	1,177	1,050	1,197	1,354	1,585	1,527	1,556	1,991	1,988	1,878	1,607
+ Property, Plant & Equip, Net	- -	- -	926	- -	- -	- -	- -	- -	83	81	80	79	78	35	31
+ Property, Plant & Equip	- -	- -	926	- -	- -	- -	- -	- -	83	81	80	79	78	35	31
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	- -	- -	765	- -	59	8	18	12	2	2	2	2	2	42	- -
+ LT Investments	- -	- -	765	- -	59	8	18	12	2	2	2	2	2	42	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	778	-914	995	1,119	1,042	1,179	1,342	1,500	1,444	1,474	1,910	1,908	1,802	1,577
+ Total Intangible Assets	- -	3	3	3	23	23	23	28	5	5	4	4	4	3	3
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	3	3	3	23	23	23	28	5	5	4	4	4	3	3
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	776	-917	993	1,096	1,019	1,157	1,315	1,495	1,439	1,469	1,906	1,905	1,799	1,574
Total Assets	- -	847	962	1,226	1,353	1,257	1,424	1,636	1,759	1,674	1,880	2,398	2,227	2,136	1,862
+ Payables & Accruals	- -	19	32	35	55	58	68	78	110	69	101	154	163	160	188
+ Accounts Payable	- -	18	17	29	44	45	57	64	95	62	96	134	150	144	142
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	1	15	6	11	14	12	14	15	7	4	20	13	16	45
+ ST Debt	- -	- -	- -	- -	80	374	200	229	42	42	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	80	374	200	229	42	42	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	-200	- -	- -	-42	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	-200	- -	- -	-42	- -	- -	- -	- -	- -
Total Current Liabilities	- -	19	32	35	135	432	68	308	153	69	101	154	163	160	188
+ LT Debt	- -	571	622	762	756	391	821	757	1,077	1,192	1,234	1,395	1,223	1,230	1,124
+ LT Borrowings	- -	571	622	762	756	391	821	757	1,016	1,131	1,173	1,334	1,162	1,210	1,103
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	61	61	61	61	60	20	20
+ Other LT Liabilities	- -	5	5	5	67	71	111	135	124	125	127	414	511	479	391
+ Accrued Liabilities	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	5	5	5	67	71	111	135	124	125	127	414	511	479	391
Total Noncurrent Liabilities	- -	576	627	767	823	462	932	892	1,202	1,317	1,361	1,809	1,734	1,709	1,514
Total Liabilities	- -	595	659	802	958	894	1,001	1,200	1,354	1,385	1,461	1,963	1,896	1,869	1,702
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	62	66	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	272	247	377	439	402	470	513	520	542	708	735	719	719	707
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1
+ Additional Paid in Capital	- -	272	247	377	438	402	470	513	520	542	707	734	718	719	706
- Treasury Stock	- -	- -	- -	16	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	-33	-101	-98	-100	-93	-89	-115	-151	-266	-309	-325	-412	-478	-569
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -
Equity Before Minority Interest	- -	240	146	279	339	309	381	397	369	276	399	410	307	241	139
+ Minority/Non Controlling Interest	- -	13	157	145	56	54	42	39	36	13	20	24	23	27	21
Total Equity	- -	252	303	424	395	363	423	437	405	289	418	434	330	267	160
Total Liabilities & Equity	- -	847	962	1,226	1,353	1,257	1,424	1,636	1,759	1,674	1,880	2,398	2,227	2,136	1,862
Shares Outstanding	- -	16	16	24	28	26	32	33	33	38	65	70	67	67	68
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	61	61	61	61	60	20	20
Net Debt	- -	550	478	590	731	638	884	803	986	1,094	957	1,073	1,077	1,075	979
Net Debt to Equity	- -	218.12	157.72	139.22	185.03	175.72	208.79	183.83	243.68	378.95	228.66	246.96	325.88	401.96	612.77
Tangible Common Equity Ratio	- -	29.56	31.31	34.45	23.27	22.22	28.59	25.44	22.79	17.02	22.08	17.98	14.7	12.39	8.45
Current Ratio	- -	3.69	5.77	6.57	1.3	0.48	3.32	0.92	1.14	2.14	3.22	2.64	1.47	1.61	1.36
Cash Conversion Cycle	- -	-16.9	-30.02	-26.57	-37.18	-38.11	-45.3	-55.82	-63.62	-90.46	-64.65	-59.36	-65.13	-72.39	-73.99

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	- -	-4	-18	4	-5	24	28	3	1	-125	-33	19	-31	20	-28
+ Depreciation & Amortization	30	29	31	40	44	46	52	58	71	74	74	79	94	99	93
+ Non-Cash Items	-8	1	4	4	-36	-12	-23	11	-4	4	11	6	15	-73	-13
+ Stock-Based Compensation	- -	- -	- -	2	4	4	-1	7	8	8	10	11	9	3	- -
+ Deferred Income Taxes	- -	- -	- -	- -	-1	1	1	-1	1	-1	- -	- -	1	- -	1
+ Asset Impairment Charge	- -	- -	1	- -	- -	- -	1	3	- -	1	- -	1	1	- -	55
+ Other Non-Cash Adj	-8	1	3	2	-39	-17	-24	2	-13	-4	1	-6	3	-76	-69
+ Chg in Non-Cash Work Cap	-6	1	18	6	6	- -	13	- -	-1	-3	11	5	7	21	-10
+ (Inc) Dec in Accts Receiv	-3	1	- -	-3	2	-6	10	14	-6	4	-11	-9	11	6	-7
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	1	1	- -	- -	-1	-1	2	-2	-1	-1	-1	-6	3	-15
+ Inc (Dec) in Accts Payable	2	-2	-2	4	5	6	-2	-8	13	-10	36	2	- -	8	6
+ Inc (Dec) in Other	-5	1	19	5	-1	1	5	-8	-7	5	-13	13	1	3	6
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	15	28	34	55	9	59	71	71	66	-50	64	109	85	67	41
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	-28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-6
+ Acq of Fixed Prod Assets	- -	- -	-28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-6
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	178	125	-12	-39	66	- -	- -	13	102	-7	-26	- -	-1
+ Increase in Capital Stock	- -	- -	178	144	3	- -	66	- -	- -	13	102	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	-19	-15	-39	- -	- -	- -	- -	- -	-7	-26	- -	-1
+ Net Change in LT Investment	- -	- -	- -	- -	- -	43	2	- -	- -	- -	- -	- -	- -	-42	41
+ Dec in LT Investment	- -	- -	- -	- -	- -	43	2	- -	- -	- -	- -	- -	- -	- -	41
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-42	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	-2	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	-2	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-10	-12	- -	-213	-180	60	-176	-165	-227	-17	-41	-402	-77	78	174
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-10	-12	-28	-213	-179	103	-174	-167	-226	-17	-42	-402	-77	36	210
+ Dividends Paid	-22	-24	-86	-6	-12	-17	-27	-30	-33	-16	-9	-21	-53	-52	-47
+ Net Cash From Debt	-5	-7	51	74	75	-73	59	174	72	61	-1	102	-164	50	-115
+ Cash From Debt	- -	- -	200	82	152	- -	524	575	330	109	83	170	371	234	403
+ Repayments of Debt	-5	-7	-149	-8	-77	-73	-464	-401	-257	-48	-84	-68	-534	-184	-518
+ Other Financing Activities	24	19	-26	-8	56	-6	26	25	-7	-9	36	271	86	-82	-105
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-3	-12	118	186	107	-136	124	169	32	50	128	345	-157	-84	-269
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	2	4	123	28	-63	26	21	73	-128	-17	150	52	-149	19	-18
EBITDA	54	61	64	86	90	94	104	109	111	-16	75	147	155	140	137
EBITDA Margin (%)	28.12	27.64	27.25	28.02	25.81	23.06	25.12	25.19	22.7	-6.96	17.47	21.94	21.02	19.19	19.47
Free Cash Flow	15	28	6	55	9	59	71	71	66	-50	64	109	85	67	35
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	10	-173	- -	85	- -	97	- -	96	88	- -	- -	153	- -	171	- -
Free Cash Flow to Equity	- -	21	57	129	144	-15	57	238	129	1	54	183	-126	67	-130
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow to Net Income	24.59	-6.13	-2.89	28.29	-1.34	3.03	3.07	53.59	178.6	0.48	-2.4	6.16	-3.14	-39.47	-1.83
Capital Expenditures	- -	- -	-28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-6