Braemar Hotels & Resorts (BHR) Operating Margin (2013 - 2026)
Braemar Hotels & Resorts' Operating Margin was 17.90% in Q2 2026, up 7.91 percentage points from 9.99% a year earlier but down 1.06 percentage points from the prior quarter.
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Analysis
Braemar Hotels & Resorts (BHR) Operating Margin (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Braemar Hotels & Resorts' Operating Margin was 12.76% through Jun 30, 2026, down 5.20 percentage points year-over-year; for FY2025, it came in at 10.28%, down 7.40 percentage points from FY2024.
- Operating Margin shows a five-year change of +45.46 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 17.68% in FY2024 (+9.33 pp), 8.34% in FY2023 (-1.87 pp), 10.21% in FY2022 (+9.88 pp) and 0.34% in FY2021 (+35.52 pp).
- Quarterly Operating Margin has moved between -7.29% (Q4 2025) and 47.39% (Q3 2024) over five years.
- Compared with a year earlier, Operating Margin was higher in four of the last eight quarters, with an average year-over-year change of +2.59 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q4 2021 (a gain of 48.62 percentage points); the worst was Q3 2025 (a drop of 26.63 percentage points).
- Per Business Quant data, BHR's Operating Margin in the three quarters before Q2 2026 was 18.96% (Q1 2026), -7.29% (Q4 2025) and 20.76% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | -51.62% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 51.59% |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 49.72% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | - |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 37.85% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | - |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 44.86% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 69.48% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Braemar Hotels & Resorts | 114.69 Mn | -297.99 Mn | 53.85 Mn | 17.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.90% |
| Mar 31, 2026 | 18.96% |
| Dec 31, 2025 | -7.29% |
| Sep 30, 2025 | 20.76% |
| Jun 30, 2025 | 9.99% |
| Mar 31, 2025 | 17.02% |
| Dec 31, 2024 | 2.18% |
| Sep 30, 2024 | 47.39% |
| Jun 30, 2024 | 6.49% |
| Mar 31, 2024 | 19.38% |
| Dec 31, 2023 | 3.29% |
| Sep 30, 2023 | 0.41% |
| Jun 30, 2023 | 9.31% |
| Mar 31, 2023 | 17.56% |
| Dec 31, 2022 | 7.03% |
| Sep 30, 2022 | 1.93% |
| Jun 30, 2022 | 15.30% |
| Mar 31, 2022 | 16.34% |
| Dec 31, 2021 | 5.29% |
| Sep 30, 2021 | 0.90% |
API Access
Braemar Hotels & Resorts Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();