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| Date | Value |
|---|---|
| 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% |