Ryman Hospitality Properties (RHP) FY2023 results: revenue $2.2 billion, up 19.5% on the year
Ryman Hospitality Properties, Inc. (RHP) reported revenue of $2.2 billion for fiscal 2023, the year ended 31 December 2023, up 19.5% on the year before. Net income was $311 million, up 141.3%, and diluted earnings per share $5.36. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2024.
Revenue
$2.2 billion
+19.5% on the year
FY2016FY2023
Operating margin
21.0%
18.1% a year earlier
FY2016FY2023
Net income
$311 million
+141.3% on the year
FY2016FY2023
Diluted EPS
$5.36
+130.0% on the year
FY2016FY2023
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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
557
420
111
+32.7%
Capital expenditure
207
89.5
77.4
+131.0%
Free cash flow
350
330
33.8
+6.0%
Free cash flow margin
16.2%
18.3%
3.6%
Cash from investing
-1,013
-189
-290
Cash from financing
712
50.7
262
+1,303.8%
Depreciation and amortisation
211
209
220
+1.3%
Share-based compensation
15.4
15.0
12.1
+2.9%
Dividends paid
176
5.9
0.5
+2,906.0%
Dividend per share
$3.85
$0.35
n/a
+1,000.0%
Diluted shares, weighted
58m
55m
55m
+4.8%
Shares outstanding at period end
60m
55m
55m
+8.2%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
569
95.3
-22.2
+497.4%
Non-controlling interest
3.6
0.6
-0.2
+479.8%
Debt
3,429
2,905
2,966
+18.0%
Other liabilities
1,186
1,040
637
+14.1%
Total liabilities and equity
5,189
4,041
3,581
+28.4%
Fixed assets
3,956
3,172
3,032
+24.7%
Intangible assets
124
106
127
+17.3%
Cash and equivalents
592
334
141
+77.1%
Inventory
14.0
12.0
8.4
+16.3%
Other assets
503
417
273
+20.7%
Total assets
5,189
4,041
3,581
+28.4%
10-K for the year ended 31 December 2023, filed 23 February 2024: the filing.