Braemar Hotels & Resorts Inc. (BHR) — Financial statements
Income statement, balance sheet, and cash flow for Braemar Hotels & Resorts Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 704↓3.3% | 728↓1.5% | 739↑10.4% | 670↑56.6% | 428 | |
| Cost of Revenue | 712↑23.8% | 575↑0.7% | 571↑13.0% | 505↑46.5% | 345 | |
| Gross Profit | -8↓105.2% | 154↓8.8% | 168↑2.4% | 164↑98.5% | 83 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 12↓18.2% | 14↑6.2% | 14↓25.2% | 18↑107.5% | 9 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 12↓18.2% | 14↑6.2% | 14↓25.2% | 18↑107.5% | 9 | |
| Other Expenses | -63↓696.4% | 11↓88.7% | 93↑19.6% | 78↑7.3% | 73 | |
| Operating Expenses | -51↓305.0% | 25↓76.7% | 107↑11.1% | 96↑18.0% | 81 | |
| Total Costs & Expenses | 661↑10.2% | 600↓11.5% | 678↑12.7% | 601↑41.1% | 426 | |
| Operating Results | ||||||
| Operating Income | 43↓66.5% | 129↑108.8% | 62↓9.8% | 68↑4620.0% | 1 | |
| Depreciation & Amortization | 93↓6.7% | 99↑5.8% | 94↑19.3% | 79↑5.8% | 74 | |
| EBITDA | 165↓27.6% | 228↑42.4% | 160↑3.8% | 154↑109.5% | 74 | |
| EBIT | 72↓44.0% | 129↑94.2% | 66↓12.3% | 76↑11114.1% | -0.69 | |
| Interest & Other Income | ||||||
| Net Interest Income | -82↑18.7% | -101↓15.0% | -88↓77.4% | -49↓60.4% | -31 | |
| Interest Income | 6↓12.5% | 7↑11.5% | 6↑139.1% | 3↑5477.1% | 0.05 | |
| Interest Expense | 88↓18.3% | 108↑14.8% | 94↑80.6% | 52↑68.8% | 31 | |
| Non-Operating Income | -29↓138290.5% | 0.02↑100.5% | -5↑35.7% | -7↓435.6% | 2 | |
| Other Income / Expenses | -70↑35.7% | -108↓20.7% | -90↓99.1% | -45↓36.2% | -33 | |
| Income Before Tax | -26↓228.3% | 21↑173.7% | -28↓219.4% | 23↑174.1% | -32 | |
| Income Tax Expense | 2↑135.0% | 0.84↓68.7% | 3↓33.5% | 4↑205.4% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -28↓243.8% | 20↑164.5% | -31↓258.3% | 19↑158.8% | -33 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -22↓1218.3% | -2↑93.7% | -27↓252.1% | 18↑166.6% | -27 | |
| Bottom-Line Net Income | -22↑56.3% | -51↑31.3% | -74↓590.3% | -11↑73.0% | -40 | |
| EPS (Basic) | -0.36↑53.2% | -0.77↑31.9% | -1.13↓653.3% | -0.15↑75.8% | -0.62 | |
| EPS (Diluted) | -0.36↑53.2% | -0.77↑31.9% | -1.13↓653.3% | -0.15↑75.8% | -0.62 | |
| Weighted Average Shares | 68↑1.7% | 67↑0.8% | 66↓5.3% | 70↑32.3% | 53 | |
| Weighted Average Diluted Shares | 68↑1.7% | 67↑0.8% | 66↓5.3% | 70↑32.3% | 53 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.