DiamondRock Hospitality (DRH) FY2021 results: revenue $567 million, up 89.4% on the year
DiamondRock Hospitality Co. (DRH) reported revenue of $567 million for fiscal 2021, the year ended 31 December 2021, up 89.4% on the year before. Net income was -$195 million, and diluted earnings per share $-0.96. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2022.
Revenue
$567 million
+89.4% on the year
FY2016FY2021
Operating margin
-27.5%
-73.1% a year earlier
FY2016FY2021
Net income
-$195 million
FY2016FY2021
Diluted EPS
-$0.96
FY2016FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
-2.3
-83.7
193
Cash from investing
-62.2
-79.0
-65.7
Cash from financing
5.2
118
-39.4
-95.6%
Share-based compensation
8.7
7.2
6.4
+21.0%
Buybacks
0.0
10.0
42.8
Dividends paid
0.1
25.6
102
-99.5%
Dividend per share
n/a
n/a
$0.50
Diluted shares, weighted
212m
202m
203m
+5.2%
Shares outstanding at period end
211m
210m
200m
+0.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
1,515
1,711
1,912
-11.4%
Non-controlling interest
5.8
7.8
8.6
-26.4%
Debt
1,067
1,049
1,090
+1.8%
Other liabilities
377
379
415
-0.5%
Total liabilities and equity
2,965
3,147
3,426
-5.8%
Fixed assets
2,651
2,817
3,027
-5.9%
Intangible assets
n/a
n/a
0.0
Cash and equivalents
38.6
112
123
-65.5%
Other assets
275
218
276
+26.5%
Total assets
2,965
3,147
3,426
-5.8%
10-K for the year ended 31 December 2021, filed 22 February 2022: the filing.