Braemar Hotels & Resorts Inc.

Braemar Hotels & Resorts Inc.

BHR-PD
Braemar Hotels & Resorts Inc.US flagNew York Stock Exchange
16.66
USD
-0.34
- -
129.89MMarket Cap
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
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
233
307
350
406
414
431
488
227
428
670
739
728
704
697
Operating Margin (%)
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
6.73
Depreciation Expense
31
40
44
46
52
58
71
74
74
79
94
99
93
92
Net Income, GAAP
-12
2
-7
19
23
1
- -
-105
-27
18
-27
-2
-22
-16
Effective Tax Rate (%)
- -
23.67
- -
6.08
- -
48.48
59.59
- -
- -
17.28
- -
4.09
- -
7.28
Profit Margin (%)
-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
-2.24
Working Capital
154
196
40
-226
158
-25
22
78
223
253
76
98
67
58
LT Debt
622
762
756
391
821
757
1,077
1,192
1,234
1,395
1,223
1,230
1,124
1,126
Total Equity
303
424
395
363
423
437
405
289
418
434
330
267
160
165
Return on Invested Capital (%)
- -
3.3
- -
3.79
- -
1.84
1.1
- -
- -
3.25
- -
2.55
- -
- -
Return on Capital (%)
- -
4.05
- -
6.4
- -
2.72
2.25
- -
- -
5.82
- -
9.98
- -
19.31
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5
- -
- -
LT Borrowings
1,159
1,103
1,106
LT Finance Leases
20
20
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
68
69
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
256
254
253
Cash, Cash Equivalents & STI
116
124
93
Accounts Receivable, Net
33
33
37
Inventories
5
5
5
Total Current Liabilities
169
188
196
Payables & Accruals
163
188
196
ST Debt
5
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.88%
-6.92%
-40.23%
Free Cash Flow
14.47%
-49.39%
-47.22%
Net Income, GAAP
-2,837.61%
126.23%
1,218.25%
Sales/Revenue/Turnover
13.25%
30.11%
-3.35%
Total Cash Common Dividend
-287.15%
-579.98%
-232.15%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
219
188
148
173
728
2025
216
179
144
166
704
2026
209
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Richard J. Stockton
Full Time Employees
101
Sector
Real Estate
Industry
REIT - Hotel & Motel
Address
14185 Dallas Parkway Dallas TX United States of America 75254
IPO Date
Nov 14, 2018
Business
Braemar Hotels & Resorts Inc is a real estate investment trust primarily engaged in the ownership, operation, acquisition, and development of luxury hotels and resorts. The company's portfolio consists of luxury full-service hotels and resorts under prestigious brands including Ritz-Carlton Reserve, Four Seasons, Ritz-Carlton, Park Hyatt, Autograph Collection by Marriott, Hilton, and Sofitel. Braemar’s core products and services encompass ownership and management of upscale resort and urban hotel properties, real estate investment in luxury hospitality assets, and strategic development including holding excess land for future value appreciation. Geographically, the company operates mainly within the United States and the Caribbean. Founded in 1985 and headquartered in Dallas, Texas, Braemar Hotels & Resorts focuses on high-end market segments targeting premium leisure and business travelers. The portfolio includes nine resort properties and five urban hotels, with recent valuations supported by above-market revenue per available room (RevPAR) growth. In the last 1-2 years, Braemar has undergone significant strategic shifts. In 2025, the company initiated a process to sell its entire portfolio in response to persistent disconnects between its share price and intrinsic net asset values. This move includes the formation of a special committee to explore strategic alternatives and engage potential buyers. Recently, Braemar has entered into definitive sale agreements, including the sale of The Clancy hotel in San Francisco for $115 million, expected to close in late 2025. The company has also completed acquisitions such as the 96-room Dorado Beach, a Ritz-Carlton Reserve in Puerto Rico, and acquired the Mr. C Beverly Hills Hotel in Los Angeles. Additionally, the company has extended mortgage loans on key assets and maintained dividend increases and stock repurchase authorizations as part of its capital strategy aimed at maximizing shareholder value. Braemar’s strategic focus remains on maintaining a portfolio of luxury properties with strong market positioning, as evidenced by its consistent RevPAR outperformance compared to the U.S. hotel industry average. The company operates as a publicly traded REIT listed on the NYSE under the ticker BHR and has established relationships with Ashford Hospitality Trust for asset management and operational services. Overall, Braemar Hotels & Resorts Inc is a Dallas-based luxury-focused hospitality REIT that owns, operates, and invests in premium branded hotels and resorts primarily in the U.S. and Caribbean markets while currently pursuing a full-sale strategy to unlock shareholder value through portfolio divestiture and selective asset sales. The company's recent operational and financial maneuvers reflect a strategic pivot amid evolving market conditions and investor activism.