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

Braemar Hotels & Resorts (BHR) reported Operating Margin of 18.96% for Q1 2026, up 194.0% on a YoY basis from 6.45% in Q1 2025, and up 359.95% sequentially from 7.29% in Q4 2025.

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

Braemar Hotels & Resorts (BHR) has 14 years of Operating Margin data on file, last reported at 18.96% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 194.0% year-over-year to 18.96%; the trailing twelve-month figure through Mar 2026 stood at 10.79% (down 617.0% YoY), and the FY2025 full-year result was 10.28%, down 740.0% from the prior year.
  • Operating Margin climbed to 18.96% in Q1 2026, from 7.29% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 47.39% in Q3 2024 to a low of 7.29% in Q4 2025.
  • A 5-year average of 12.12% and a median of 9.99% in 2025 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin surged 4698 bps in 2024 and tumbled 2663 bps in 2025, its largest moves.
  • Tracing BHR's Operating Margin over 5 years: stood at 7.03% in 2022, then slumped by 53 bps to 3.29% in 2023, then tumbled by 34 bps to 2.18% in 2024, then plunged by 435 bps to 7.29% in 2025, then soared by 360 bps to 18.96% in 2026.
  • Business Quant data shows BHR's Operating Margin at 18.96% in Q1 2026, 7.29% in Q4 2025, and 20.76% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Ryman Hospitality Properties 8.12 Bn 7.74 Bn 290.28 Mn 20.73%
2 Apple Hospitality REIT 3.92 Bn 3.91 Bn 130.80 Mn 14.22%
3 Park Hotels & Resorts 2.91 Bn 2.69 Bn 516.00 Mn 9.97%
4 DiamondRock Hospitality 2.59 Bn 2.56 Bn 215.84 Mn -5.31%
5 Sunstone Hotel Investors 2.19 Bn 2.03 Bn 259.54 Mn 27.65%
6 Pebblebrook Hotel Trust 2.15 Bn 2.05 Bn 113.57 Mn 2.33%
7 Xenia Hotels & Resorts 1.94 Bn 1.91 Bn 99.84 Mn 14.09%
8 RLJ Lodging Trust 1.80 Bn 1.78 Bn - -
9 Service Properties Trust 1.42 Bn 1.40 Bn 21.93 Mn -129.79%
10 Braemar Hotels & Resorts 147.13 Mn 55.82 Mn 79.12 Mn 18.96%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 -2.87%