Braemar Hotels & Resorts (BHR) Gross Margin (2013 - 2026)

Braemar Hotels & Resorts (BHR) reported Gross Margin of 37.86% for Q1 2026, up 74.0% on a YoY basis from 21.76% in Q1 2025, and up 37.02% sequentially from 27.63% in Q4 2025.

Braemar Hotels & Resorts (BHR) Gross Margin (2013 - 2026) Analysis & Trends

Braemar Hotels & Resorts (BHR) has 14 years of Gross Margin data on file, last reported at 37.86% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 74.0% year-over-year to 37.86%; the trailing twelve-month figure through Mar 2026 stood at 30.24% (down 61.0% YoY), and the FY2025 full-year result was 30.09%, down 103.0% from the prior year.
  • Gross Margin rose to 37.86% in Q1 2026, from 27.63% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 39.11% in Q1 2022 to a low of 22.25% in Q3 2025.
  • A 5-year average of 31.64% and a median of 30.51% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin surged 595 bps in 2022 and tumbled 376 bps in 2024, its largest moves.
  • Tracing BHR's Gross Margin over 5 years: stood at 29.75% in 2022, then climbed by 3 bps to 30.51% in 2023, then slipped by 6 bps to 28.68% in 2024, then decreased by 4 bps to 27.63% in 2025, then soared by 37 bps to 37.86% in 2026.
  • Business Quant data shows BHR's Gross Margin at 37.86% in Q1 2026, 27.63% in Q4 2025, and 22.25% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Ryman Hospitality Properties 8.12 Bn 7.74 Bn 290.28 Mn 43.68%
2 Apple Hospitality REIT 3.92 Bn 3.91 Bn 130.80 Mn 38.73%
3 Park Hotels & Resorts 2.91 Bn 2.69 Bn 516.00 Mn 82.96%
4 DiamondRock Hospitality 2.59 Bn 2.56 Bn 215.84 Mn 83.61%
5 Sunstone Hotel Investors 2.19 Bn 2.03 Bn 259.54 Mn 99.94%
6 Pebblebrook Hotel Trust 2.15 Bn 2.05 Bn 113.57 Mn 32.86%
7 Xenia Hotels & Resorts 1.94 Bn 1.91 Bn 99.84 Mn 33.80%
8 RLJ Lodging Trust 1.80 Bn 1.78 Bn - -
9 Service Properties Trust 1.42 Bn 1.40 Bn 21.93 Mn 8.29%
10 Braemar Hotels & Resorts 147.13 Mn 55.82 Mn 79.12 Mn 37.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 37.86%
Dec 31, 2025 27.63%
Sep 30, 2025 22.25%
Jun 30, 2025 30.18%
Mar 31, 2025 37.12%
Dec 31, 2024 28.68%
Sep 30, 2024 23.37%
Jun 30, 2024 31.57%
Mar 31, 2024 37.91%
Dec 31, 2023 30.51%
Sep 30, 2023 27.13%
Jun 30, 2023 32.92%
Mar 31, 2023 36.79%
Dec 31, 2022 29.75%
Sep 30, 2022 30.08%
Jun 30, 2022 35.02%
Mar 31, 2022 39.11%
Dec 31, 2021 32.74%
Sep 30, 2021 33.68%
Jun 30, 2021 31.80%