RLJ Lodging Trust (RLJ) Gross Margin (2010 - 2021)
RLJ Lodging Trust's (RLJ) quarterly Gross Margin came in at 36.54% in Q3 2021, up 2895.0% year-over-year from 1.22% in Q3 2020, and down 2.95% quarter-over-quarter from 37.65% in Q2 2021.
Analysis
RLJ Lodging Trust (RLJ) Gross Margin (2010 - 2021) Analysis & Trends
RLJ Lodging Trust has disclosed Gross Margin across 12 years of filings, most recently posting 36.54% for Q3 2021.
- In Q3 2021, Gross Margin rose 2895.0% year-over-year to 36.54%; the TTM figure through Sep 2021 stood at 32.15% (up 525.0% YoY), while the FY2020 annual figure was 17.23%, down 2165.0% from the prior year.
- Gross Margin came in at 36.54% for Q3 2021 at RLJ Lodging Trust, down from 37.65% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 43.89% in Q2 2017 to a low of 54.57% in Q2 2020.
- Average Gross Margin over 5 years is 30.07%, with a median of 37.65% recorded in 2021.
- Year-over-year, Gross Margin tumbled 9613 bps in 2020 and surged 9222 bps in 2021.
- Over 5 years, Gross Margin stood at 37.78% in 2017, then gained by 0 bps to 37.96% in 2018, then dropped by 1 bps to 37.54% in 2019, then tumbled by 54 bps to 17.24% in 2020, then soared by 112 bps to 36.54% in 2021.
- Per Business Quant data, the three most recent Gross Margin figures were 36.54% in Q3 2021, 37.65% in Q2 2021, and 26.0% in Q1 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.69 Bn | 7.33 Bn | 364.88 Mn | 48.72% |
| 2 | Apple Hospitality REIT | 3.66 Bn | 3.65 Bn | 174.97 Mn | 43.47% |
| 3 | Park Hotels & Resorts | 3.04 Bn | 2.78 Bn | 232.00 Mn | 34.12% |
| 4 | DiamondRock Hospitality | 2.47 Bn | 2.37 Bn | 123.23 Mn | 38.72% |
| 5 | Pebblebrook Hotel Trust | 2.03 Bn | 1.77 Bn | 154.61 Mn | 37.97% |
| 6 | Sunstone Hotel Investors | 2.02 Bn | 1.82 Bn | 242.17 Mn | 87.39% |
| 7 | RLJ Lodging Trust | 1.63 Bn | 689.39 Mn | - | - |
| 8 | Xenia Hotels & Resorts | 1.62 Bn | 1.50 Bn | 97.24 Mn | 32.91% |
| 9 | Chatham Lodging Trust | 601.58 Mn | 590.24 Mn | 84.71 Mn | 96.47% |
| 10 | Summit Hotel Properties | 588.27 Mn | 551.34 Mn | 138.35 Mn | 69.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 36.54% |
| Jun 30, 2021 | 37.65% |
| Mar 31, 2021 | 26.00% |
| Dec 31, 2020 | 17.24% |
| Sep 30, 2020 | 7.59% |
| Jun 30, 2020 | -54.57% |
| Mar 31, 2020 | 29.10% |
| Dec 31, 2019 | 37.54% |
| Sep 30, 2019 | 38.42% |
| Jun 30, 2019 | 41.56% |
| Mar 31, 2019 | 37.48% |
| Dec 31, 2018 | 37.96% |
| Sep 30, 2018 | 38.84% |
| Jun 30, 2018 | 41.68% |
| Mar 31, 2018 | 36.44% |
| Dec 31, 2017 | 37.78% |
| Sep 30, 2017 | 40.18% |
| Jun 30, 2017 | 43.89% |
| Mar 31, 2017 | 40.07% |
| Dec 31, 2016 | 41.11% |