DiamondRock Hospitality (DRH) FY2022 results: revenue $1.0 billion, up 76.6% on the year
DiamondRock Hospitality Co. (DRH) reported revenue of $1.0 billion for fiscal 2022, the year ended 31 December 2022, up 76.6% on the year before. Net income was $109 million, and diluted earnings per share $0.47. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2023.
Revenue
$1.0 billion
+76.6% on the year
FY2016FY2022
Operating margin
16.2%
-27.5% a year earlier
FY2016FY2022
Net income
$109 million
FY2016FY2022
Diluted EPS
$0.47
FY2016FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
206
-2.3
-83.7
Capital expenditure
67.7
n/a
n/a
Free cash flow
139
n/a
n/a
Free cash flow margin
13.8%
n/a
n/a
Cash from investing
-249
-62.2
-79.0
Cash from financing
74.0
5.2
118
+1,332.8%
Share-based compensation
7.8
8.7
7.2
-10.9%
Buybacks
12.3
0.0
10.0
Dividends paid
6.4
0.1
25.6
+5,295.8%
Dividend per share
$0.09
n/a
n/a
Diluted shares, weighted
213m
212m
202m
+0.5%
Shares outstanding at period end
209m
211m
210m
-0.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,590
1,515
1,711
+4.9%
Non-controlling interest
6.3
5.8
7.8
+9.5%
Debt
1,186
1,067
1,049
+11.1%
Other liabilities
426
377
379
+12.8%
Total liabilities and equity
3,208
2,965
3,147
+8.2%
Fixed assets
2,748
2,651
2,817
+3.7%
Cash and equivalents
67.6
38.6
112
+74.9%
Other assets
392
275
218
+42.2%
Total assets
3,208
2,965
3,147
+8.2%
10-K for the year ended 31 December 2022, filed 24 February 2023: the filing.