DiamondRock Hospitality Company DRH
DiamondRock Hospitality Company (DRH) operates as an internally managed real estate investment trust (REIT), maintaining a distinguished and geographically varied portfolio of hotels. These properties are strategically concentrated in key urban gateways and highly desirable resort locations. The company's holdings include 31 upscale hotels, collectively featuring more than 10,000 rooms. DRH has deliberately positioned these hotels to be managed either under prominent international brand families or as unique, independent lifestyle boutique properties.
Snapshot
Reported FFO / Adjusted FFO / leverage are from the Q1 2026 earnings release (filed 2026-04-30) — 8-K, EX-99.1.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $1.12B | $101.43M | $113.11M | $274.64M | $243.65M |
| 2024 | $1.13B | $48.05M | $113.59M | $228.90M | $224.41M |
| 2023 | $1.07B | $86.34M | $111.30M | $263.33M | $237.56M |
| 2022 | $1.00B | $109.33M | $108.85M | $260.85M | $206.24M |
| 2021 | $567.13M | $-194.58M | $102.96M | $-52.13M | $-2.31M |
| 2020 | $299.49M | $-394.38M | $114.72M | $-253.77M | $-83.69M |
Dividends
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-14 | 2026-04-30 | $0.09 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-14 | 2026-02-26 | $0.09 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-14 | 2025-12-03 | $0.16 | Special |
| 2025-09-30 | 2025-09-30 | 2025-10-14 | 2025-08-07 | $0.08 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-11 | 2025-05-01 | $0.08 | Quarterly |
| 2025-03-28 | 2025-03-28 | 2025-04-11 | 2025-02-27 | $0.08 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-14 | 2024-12-09 | $0.43 | Special |
| 2024-09-30 | 2024-09-30 | 2024-10-11 | 2024-09-04 | $0.03 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-12 | 2024-06-03 | $0.03 | Quarterly |
| 2024-03-27 | 2024-03-29 | 2024-04-12 | 2024-03-04 | $0.03 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-11 | 2023-12-01 | $0.03 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-12 | 2023-09-06 | $0.03 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-12 | 2023-06-01 | $0.03 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-12 | 2023-03-02 | $0.03 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-12 | 2022-12-07 | $0.06 | Special |
| 2022-09-29 | 2022-09-30 | 2022-10-12 | 2022-08-02 | $0.03 | Quarterly |
| 2019-12-31 | 2020-01-02 | 2020-01-13 | 2019-12-17 | $0.12 | Quarterly |
| 2019-09-27 | 2019-09-30 | 2019-10-11 | 2019-09-16 | $0.12 | Quarterly |
| 2019-06-27 | 2019-06-28 | 2019-07-12 | 2019-06-14 | $0.12 | Quarterly |
| 2019-03-28 | 2019-03-29 | 2019-04-12 | 2019-03-15 | $0.12 | Quarterly |
| 2019-01-03 | 2019-01-04 | 2019-01-14 | 2018-12-20 | $0.12 | Quarterly |
| 2018-09-27 | 2018-09-28 | 2018-10-12 | 2018-09-14 | $0.12 | Quarterly |
| 2018-06-28 | 2018-06-29 | 2018-07-12 | 2018-06-01 | $0.12 | Quarterly |
| 2018-03-28 | 2018-03-29 | 2018-04-12 | 2018-03-19 | $0.12 | Quarterly |
Coverage (payout of operating cash flow): 30.77%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.