Braemar Hotels & Resorts Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $704.0M | $728.4M | $739.3M | $669.6M | $427.5M |
| Operating income | $72.4M | $128.8M | $61.7M | $68.4M | $1.4M |
| Pretax income | -$26.4M | $20.6M | -$27.9M | $23.4M | -$31.6M |
| Income tax expense | $2.0M | $842,000 | $2.7M | $4.0M | $1.3M |
| Net income | -$22.3M | -$1.7M | -$27.0M | $17.8M | -$26.7M |
| Balance Sheet | |||||
| Cash and equivalents | $124.4M | $135.5M | $85.6M | $261.5M | $216.0M |
| Total assets | $1.9B | $2.1B | $2.2B | $2.4B | $1.9B |
| Total liabilities | $1.3B | $1.4B | $1.4B | $1.6B | $1.4B |
| Total debt | $1.1B | $1.2B | $1.2B | $1.3B | $1.2B |
| Stockholders' equity | $138.7M | $240.7M | $307.0M | $410.1M | $398.8M |
| Cash Flow Statement | |||||
| Cash from operations | $40.8M | $66.8M | $84.7M | $109.5M | $64.0M |
| Depreciation and amortization | $92.1M | $98.2M | $92.6M | $78.0M | $73.0M |
| Stock-based compensation | $446,000 | $2.6M | $9.2M | $11.3M | $10.2M |
| Capital expenditure | $7.6M | $8.8M | $0 | $354.4M | $17.6M |
| Free cash flow | $33.1M | $58.0M | $84.7M | -$245.0M | $46.3M |
| Dividends paid | $47.3M | $51.6M | $52.6M | $20.8M | $9.1M |
| Share repurchases | $778,000 | $369,000 | $19.3M | $7.4M | $376,000 |
Shares outstanding 68.7M · Free float 46.7%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.