RLJ Lodging Trust (RLJ) Gross Margin (2010 - 2021)

RLJ Lodging Trust (RLJ) reported Gross Margin of 94.62% for Q3 2021, up 22.0% on a YoY basis from 77.56% in Q3 2020, and up 151.32% sequentially from 37.65% in Q2 2021.

RLJ Lodging Trust (RLJ) Gross Margin (2010 - 2021) Analysis & Trends

RLJ Lodging Trust (RLJ) has 12 years of Gross Margin data on file, last reported at 94.62% in Q3 2021.

  • For the quarter ending Q3 2021, Gross Margin rose 22.0% year-over-year to 94.62%; the trailing twelve-month figure through Sep 2021 stood at 93.72% (up 12457.0% YoY), and the FY2020 full-year result was 94.59%, up 5571.0% from the prior year.
  • Gross Margin rose to 94.62% in Q3 2021, from 37.65% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 256.66% in Q4 2020 to a low of 158.62% in Q4 2019.
  • A 5-year average of 62.2% and a median of 77.11% in 2017 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin tumbled 22423 bps in 2019 and soared 41528 bps in 2020, its largest moves.
  • Tracing RLJ's Gross Margin over 5 years: stood at 37.38% in 2017, then jumped by 276 bps to 65.61% in 2018, then plunged by 342 bps to 158.62% in 2019, then surged by 262 bps to 256.66% in 2020, then slumped by 63 bps to 94.62% in 2021.
  • Business Quant data shows RLJ's Gross Margin at 94.62% in Q3 2021, 37.65% in Q2 2021, and 58.91% in Q1 2021.

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 Summit Hotel Properties 730.53 Mn 1.08 Bn 148.71 Mn 80.36%

Historic Data

Download Data
DateValue
Sep 30, 2021 94.62%
Jun 30, 2021 37.65%
Mar 31, 2021 58.91%
Dec 31, 2020 256.66%
Sep 30, 2020 94.40%
Jun 30, 2020 -16.39%
Mar 31, 2020 94.80%
Dec 31, 2019 -158.62%
Sep 30, 2019 78.27%
Jun 30, 2019 80.19%
Mar 31, 2019 75.68%
Dec 31, 2018 65.61%
Sep 30, 2018 38.84%
Jun 30, 2018 80.51%
Mar 31, 2018 75.30%
Dec 31, 2017 -37.38%
Sep 30, 2017 77.11%
Jun 30, 2017 93.12%
Mar 31, 2017 92.58%
Dec 31, 2016 -124.21%