Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $406M | $414M | $431M | $488M | $227M | $428M | $670M | $739M | $728M | $704M |
| Revenue growth | — | 2.0% | 4.2% | 13.0% | -53.5% | 88.4% | 56.6% | 10.4% | -1.5% | -3.3% |
| Operating income | $73.5M | $62.6M | $65.8M | $64.4M | -$79.9M | $1.45M | $68.4M | $61.7M | $129M | $72.4M |
| Operating margin | 18.1% | 15.1% | 15.3% | 13.2% | -35.2% | 0.3% | 10.2% | 8.3% | 17.7% | 10.3% |
| Net income | $19.3M | $23.0M | $1.32M | $371K | -$105M | -$26.7M | $17.8M | -$27.0M | -$1.69M | -$22.3M |
| Net margin | 4.8% | 5.6% | 0.3% | 0.1% | -46.4% | -6.2% | 2.7% | -3.7% | -0.2% | -3.2% |
| EPS (diluted) | $0.55 | $0.51 | -$0.19 | -$0.32 | -$3.39 | -$0.76 | -$0.15 | -$1.13 | -$0.77 | -$1.07 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $58.6M | $70.6M | $70.7M | $66.3M | -$50.3M | $64.0M | $109M | $84.7M | $66.8M | $40.8M |
| Capital expenditures | — | — | — | — | $0.00 | $17.6M | $354M | $0.00 | — | — |
| Free cash flow | — | — | — | — | -$50.3M | $46.3M | -$245M | $84.7M | — | — |
| Share buybacks | $39.2M | $395K | $323K | $384K | $263K | $376K | $7.41M | $19.3M | $369K | $778K |
| Dividends paid | $16.9M | $27.1M | $30.3M | $33.4M | $16.2M | $9.09M | $20.8M | $52.6M | $51.6M | $47.3M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $127M | $138M | $183M | $72.0M | $78.6M | $216M | $262M | $85.6M | $135M | $124M |
| Total assets | $1.26B | $1.42B | $1.64B | $1.76B | $1.67B | $1.88B | $2.40B | $2.23B | $2.14B | $1.86B |
| Total liabilities | $828M | $895M | $1.09B | $1.25B | $1.28B | $1.36B | $1.57B | $1.41B | $1.41B | $1.34B |
| Long-term debt | $765M | $821M | $986M | $1.06B | $1.13B | $1.17B | $1.33B | $1.16B | $1.21B | $1.10B |
| Shareholders' equity | $309M | $381M | $397M | $369M | $276M | $399M | $410M | $307M | $241M | $139M |
| Retained earnings | -$93.3M | -$88.8M | -$115M | -$151M | -$266M | -$309M | -$325M | -$412M | -$478M | -$569M |
| Shares (wtd avg diluted) | 31.2M | 34.7M | 31.9M | 32.3M | 34.0M | 52.7M | 69.7M | 66.0M | 66.5M | 67.6M |
Every figure is extracted from Braemar Hotels & Resorts Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.