Xenia Hotels & Resorts (XHR) FY2025 results: revenue $1.1 billion, up 3.8% on the year
Xenia Hotels & Resorts, Inc. (XHR) reported revenue of $1.1 billion for fiscal 2025, the year ended 31 December 2025, up 3.8% on the year before. Net income was $63 million, up 290.8%, and diluted earnings per share $0.64. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2026.
Revenue
$1.1 billion
+3.8% on the year
FY2018FY2025
Operating margin
10.0%
8.4% a year earlier
FY2018FY2025
Net income
$63 million
+290.8% on the year
FY2018FY2025
Diluted EPS
$0.64
+326.7% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
The year in brief
What management said about the year
Guidance figures: 12 new.
Same-property RevPAR up 4.5%: Same-Property RevPAR rose 4.5% against the fourth quarter of 2024, the company reported.
Quarterly Adjusted EBITDAre and FFO grew: Adjusted EBITDAre was $63.6 million, up 7.5%. Net income attributable to common stockholders was $6.1 million, or $0.07 per share.
Full-year Adjusted FFO per share up: Full-year Adjusted FFO per diluted share was $1.76, up 10.7%. Full-year Adjusted EBITDAre was $258.3 million, up 8.9%.
Non-rooms revenue lifted total RevPAR: Non-rooms revenue growth lifted quarterly Same-Property Total RevPAR, which rose faster than RevPAR as food and beverage and other revenues grew.
Quarterly hotel EBITDA margin improved: Same-Property Hotel EBITDA was $68.8 million, up 16.3%. Margin rose to 25.9%, up 214 basis points.
$ 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
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
177
164
198
+7.8%
Capital expenditure
86.6
141
121
-38.4%
Free cash flow
89.9
23.2
77.2
+288.1%
Free cash flow margin
8.3%
2.2%
7.5%
Cash from investing
-7.1
-108
-119
Cash from financing
-89.9
-135
-222
Depreciation and amortisation
131
129
132
+1.5%
Share-based compensation
13.1
13.7
13.2
-4.3%
Buybacks
120
15.8
133
+659.4%
Dividends paid
0.6
0.4
0.6
+63.8%
Dividend per share
$0.56
$0.48
$0.40
+16.7%
Diluted shares, weighted
97m
102m
108m
-5.0%
Shares outstanding at period end
92m
101m
102m
-9.0%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
1,134
1,243
1,291
-8.8%
Non-controlling interest
49.3
37.2
26.5
+32.5%
Debt
1,423
1,335
1,395
+6.6%
Other liabilities
202
217
190
-6.6%
Total liabilities and equity
2,809
2,832
2,902
-0.8%
Goodwill
4.8
4.8
4.8
0.0%
Intangible assets
0.0
0.0
0.0
Cash and equivalents
140
78.2
165
+79.6%
Other assets
2,663
2,749
2,733
-3.1%
Total assets
2,809
2,832
2,902
-0.8%
10-K for the year ended 31 December 2025, filed 24 February 2026: the filing.