DiamondRock Hospitality (DRH) Debt to Equity (2011 - 2023)
DiamondRock Hospitality (DRH) recorded quarterly Debt to Equity of $0.49 in Q2 2023, down 2.13% quarter-over-quarter from $0.5 in Q1 2023, and up 287.83% on a YoY basis from $0.13 in Q2 2022.
DiamondRock Hospitality (DRH) Debt to Equity (2011 - 2023) Analysis & Trends
DiamondRock Hospitality's Debt to Equity history runs 13 years deep, the most recent figure standing at $0.49 for Q2 2023.
- In Q2 2023, Debt to Equity rose 287.83% year-over-year to $0.49; the TTM figure through Jun 2023 stood at $0.49 (up 287.83% YoY), while the FY2022 annual figure was $0.5, up 746.09% from the prior year.
- Debt to Equity was $0.49 for Q2 2023 at DiamondRock Hospitality, down from $0.5 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.5 in Q1 2023 to a low of $0.06 in Q4 2021.
- Historically, Debt to Equity has averaged $0.3 across 5 years, with a median of $0.32 in 2019.
- The sharpest annual moves came in 2021 and 2022: Debt to Equity slumped 82.91% in 2021, then surged 746.09% in 2022.
- A 5-year view of Debt to Equity shows it stood at $0.32 in 2019, then advanced by 7.92% to $0.35 in 2020, then sank by 82.91% to $0.06 in 2021, then soared by 746.09% to $0.5 in 2022, then declined by 2.06% to $0.49 in 2023.
- The last three Debt to Equity figures came in at $0.49 (Q2 2023), $0.5 (Q1 2023), and $0.5 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.50 Bn | 7.12 Bn | 290.28 Mn | 0.58 |
| 2 | Apple Hospitality REIT | 3.69 Bn | 3.68 Bn | 130.80 Mn | 0.06 |
| 3 | Park Hotels & Resorts | 2.80 Bn | 2.58 Bn | 525.00 Mn | - |
| 4 | DiamondRock Hospitality | 2.37 Bn | 2.34 Bn | 248.91 Mn | - |
| 5 | Sunstone Hotel Investors | 2.16 Bn | 2.00 Bn | 226.95 Mn | - |
| 6 | Pebblebrook Hotel Trust | 1.91 Bn | 1.81 Bn | 113.57 Mn | - |
| 7 | Xenia Hotels & Resorts | 1.70 Bn | 1.65 Bn | 99.84 Mn | - |
| 8 | RLJ Lodging Trust | 1.58 Bn | 1.24 Bn | - | - |
| 9 | Summit Hotel Properties | 606.83 Mn | 612.28 Mn | 148.71 Mn | - |
| 10 | Chatham Lodging Trust | 558.19 Mn | 571.00 Mn | 67.74 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.49 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 0.50 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.13 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.38 |
| Jun 30, 2021 | 0.26 |
| Mar 31, 2021 | 0.38 |
| Dec 31, 2020 | 0.35 |
| Sep 30, 2020 | 0.22 |
| Mar 31, 2020 | 0.33 |
| Dec 31, 2019 | 0.32 |
| Sep 30, 2019 | 0.34 |
| Jun 30, 2019 | 0.19 |
| Mar 31, 2019 | 0.19 |
| Sep 30, 2018 | 0.16 |
| Jun 30, 2018 | 0.16 |
| Mar 31, 2018 | 0.16 |
| Dec 31, 2017 | 0.35 |