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| Date | Value |
|---|---|
| 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% |