RLJ Lodging Trust (RLJ) Gross Margin (2010 - 2021)
RLJ Lodging Trust (RLJ) posted Gross Margin of 94.62% for Q3 2021, up 151.32% sequentially from 37.65% in Q2 2021, and up 22.0% YoY from 77.56% in Q3 2020.
RLJ Lodging Trust (RLJ) Gross Margin (2010 - 2021) Analysis & Trends
RLJ Lodging Trust has reported Gross Margin for 12 years, with the latest figure at 94.62% in Q3 2021.
- Quarterly Gross Margin rose 22.0% year-over-year to 94.62% in Q3 2021, while the trailing twelve-month figure through Sep 2021 was 93.72% (up 12457.0% YoY) and the FY2020 annual result came in at 94.59%, up 5571.0% from the prior year.
- Gross Margin rose to 94.62% in Q3 2021 per RLJ's latest filing, from 37.65% in the prior quarter.
- Over five years, Gross Margin peaked at 256.66% in Q4 2020 and troughed at 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.
- The sharpest annual moves came in 2019 and 2020: Gross Margin sank 22423 bps in 2019, then surged 41528 bps in 2020.
- Over 5 years, Gross Margin stood at 37.38% in 2017, then jumped by 276 bps to 65.61% in 2018, then tumbled by 342 bps to 158.62% in 2019, then surged by 262 bps to 256.66% in 2020, then sank by 63 bps to 94.62% in 2021.
- According to Business Quant data, Gross Margin over the past three periods registered 94.62%, 37.65%, and 58.91% for Q3 2021, Q2 2021, and Q1 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 8.07 Bn | 7.71 Bn | 364.88 Mn | 48.72% |
| 2 | Apple Hospitality REIT | 3.89 Bn | 3.88 Bn | 174.97 Mn | 43.47% |
| 3 | Park Hotels & Resorts | 3.16 Bn | 2.89 Bn | 232.00 Mn | 34.12% |
| 4 | DiamondRock Hospitality | 2.61 Bn | 2.50 Bn | 123.23 Mn | 38.72% |
| 5 | Sunstone Hotel Investors | 2.08 Bn | 1.88 Bn | 242.17 Mn | 87.39% |
| 6 | Pebblebrook Hotel Trust | 2.07 Bn | 1.81 Bn | 154.61 Mn | 37.97% |
| 7 | Xenia Hotels & Resorts | 1.78 Bn | 1.67 Bn | 97.24 Mn | 32.91% |
| 8 | RLJ Lodging Trust | 1.71 Bn | 769.58 Mn | - | - |
| 9 | Service Properties Trust | 1.04 Bn | 1.04 Bn | 156.32 Mn | 37.13% |
| 10 | Summit Hotel Properties | 636.47 Mn | 599.53 Mn | 138.35 Mn | 69.51% |
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% |