Pebblebrook Hotel Trust (PEB) Financials

$9.74 +0.35 (+3.67%)

As of 03:26 PM Eastern

Annual Income Statements for Pebblebrook Hotel Trust

This table shows Pebblebrook Hotel Trust's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	48	69	47	84	-4.07	83	-424	-235	-124	-113	-47
Consolidated Net Income / (Loss)	74	95	74	100	13	116	-393	-186	-85	-74	0.02
Net Income / (Loss) Continuing Operations	74	95	74	100	13	116	-393	-186	-85	-74	0.02
Total Pre-Tax Income	77	98	74	100	15	121	-396	-186	-85	-74	-26
Total Revenue	574	735	775	732	775	-108	-104	-97	1,292	-116	-112
Net Interest Income / (Expense)	-25	-36	-42	-37	-54	-108	-104	-97	-100	-116	-112
Total Interest Income	2.53	2.51	2.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Interest Expense	27	39	44	37	54	108	104	97	100	116	112
Long-Term Debt Interest Expense	27	39	44	37	54	108	104	97	100	116	112
Total Non-Interest Income	599	771	816	769	829	0.00	0.00	0.00	1,392	0.00	0.00
Total Non-Interest Expense	508	643	636	634	762	-229	293	90	1,377	-38	-84
Net Occupancy & Equipment Expense	269	339	-	-	2.15	971	262	497	-	941	961
Property & Liability Insurance Claims	37	47	50	49	54	125	114	112	126	125	126
Other Operating Expenses	133	161	471	483	522	43	50	40	928	24	4.42
Depreciation Expense	68	96	102	102	108	235	225	224	240	241	230
Impairment Charge	0.00	0.00	12	-	0.00	0.00	75	15	90	82	48
Other Special Charges	-	-	-	-	-	-1,612	-443	-798	-6.19	-1,450	-1,453
Nonoperating Income / (Expense), net	10	6.21	-65	2.36	2.08	0.03	0.52	0.11	0.56	4.23	2.79
Income Tax Expense	3.25	2.59	-0.13	0.18	1.74	5.17	-3.70	0.06	0.28	0.66	-26
Preferred Stock Dividends Declared	25	26	27	16	17	33	33	50	37	35	43
Net Income / (Loss) Attributable to Noncontrolling Interest	0.68	0.33	0.26	0.37	-0.01	0.28	-0.86	-1.51	2.19	3.74	4.26
Basic Earnings per Share	$0.72	$0.95	$0.65	$1.20	($0.06)	$0.63	($3.25)	($1.80)	($0.95)	($0.93)	($0.39)
Weighted Average Basic Shares Outstanding	65.65M	71.72M	71.90M	69.59M	74.29M	130.47M	130.61M	130.80M	130.45M	121.81M	119.77M
Diluted Earnings per Share	$0.71	$0.94	$0.64	$1.19	($0.06)	$0.63	($3.25)	($1.80)	($0.95)	($0.93)	($0.39)
Weighted Average Diluted Shares Outstanding	66.26M	72.38M	72.37M	69.98M	74.29M	130.72M	130.61M	130.80M	130.45M	121.81M	119.77M
Weighted Average Basic & Diluted Shares Outstanding	66.40M	72.30M	72.20M	69.80M	67.90M	130.96M	131.32M	131.49M	125.98M	120.29M	119.81M
Cash Dividends to Common per Share	-	-	-	-	-	-	-	-	-	-	$0.04

This table shows Pebblebrook Hotel Trust's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Income / (Loss) Attributable to Common Shareholders	-44	-34	34	-68	-45	-39	20	33	-61	-44	7.42
Consolidated Net Income / (Loss)	-40	-22	46	-56	-42	-28	32	45	-50	-32	19
Net Income / (Loss) Continuing Operations	-40	-22	46	-56	-42	-28	32	45	-50	-32	19
Total Pre-Tax Income	-41	-22	46	-56	-42	-27	33	20	-51	-35	27
Total Revenue	1,363	-27	-30	-31	-28	-26	-28	-28	-30	-27	-27
Net Interest Income / (Expense)	-29	-27	-30	-31	-28	-26	-28	-28	-30	-27	-27
Total Interest Income	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00
Total Interest Expense	29	27	30	31	28	26	28	28	30	27	27
Long-Term Debt Interest Expense	29	27	30	31	28	26	28	28	30	27	27
Total Non-Interest Income	1,392	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00
Total Non-Interest Expense	1,404	-5.20	-75	26	16	1.38	-61	-47	23	7.24	-52
Net Occupancy & Equipment Expense	-	214	246	250	231	216	248	257	240	227	254
Property & Liability Insurance Claims	28	29	30	33	33	32	25	35	34	33	34
Other Operating Expenses	894	5.57	-0.44	4.50	15	9.78	6.18	5.72	-17	9.47	9.74
Depreciation Expense	60	58	58	63	61	57	57	58	57	58	58
Other Special Charges	1,072	-312	-408	-396	-334	-314	-397	-405	-338	-320	-408
Nonoperating Income / (Expense), net	0.41	0.18	0.95	1.40	1.69	0.33	0.22	0.79	1.46	-0.97	1.99
Income Tax Expense	-0.74	0.00	0.03	0.82	-0.20	0.05	1.01	-25	-1.47	-3.16	7.81
Preferred Stock Dividends Declared	2.86	11	11	11	2.29	11	11	11	11	11	11
Net Income / (Loss) Attributable to Noncontrolling Interest	0.83	0.88	1.46	0.66	0.74	0.83	1.30	1.49	0.64	0.77	1.23
Basic Earnings per Share	($0.33)	($0.27)	$0.27	($0.57)	($0.36)	($0.32)	$0.17	$0.27	($0.51)	($0.37)	$0.06
Weighted Average Basic Shares Outstanding	130.45M	125.49M	121.70M	120.06M	121.81M	120.09M	120.09M	119.64M	119.77M	119.20M	118.17M
Diluted Earnings per Share	($0.32)	($0.27)	$0.24	($0.57)	($0.33)	($0.32)	$0.16	$0.24	($0.47)	($0.37)	$0.06
Weighted Average Diluted Shares Outstanding	130.45M	125.49M	151.24M	120.06M	121.81M	120.09M	149.74M	149.35M	119.77M	119.20M	118.38M
Weighted Average Basic & Diluted Shares Outstanding	125.98M	123.11M	120.50M	120.50M	120.29M	120.50M	120.50M	119.69M	119.81M	118.69M	118.57M

This table details how cash moves in and out of Pebblebrook Hotel Trust's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-2.25	-27	5.03	-8.30	75	-51	79	-44	-40	141	24
Net Cash From Operating Activities	161	221	240	194	136	395	-202	71	279	236	275
Net Cash From Continuing Operating Activities	161	221	240	194	136	395	-202	71	279	236	275
Net Income / (Loss) Continuing Operations	74	95	74	100	13	116	-393	-186	-85	-74	0.02
Consolidated Net Income / (Loss)	74	95	74	100	13	116	-393	-186	-85	-74	0.02
Depreciation Expense	68	96	102	102	108	235	225	224	240	241	230
Amortization Expense	1.65	2.35	4.28	4.92	18	17	17	17	13	12	14
Non-Cash Adjustments to Reconcile Net Income	14	20	49	-3.27	17	14	-14	-33	100	66	13
Changes in Operating Assets and Liabilities, net	4.19	7.10	10	-11	-22	13	-37	50	11	-8.35	18
Net Cash From Investing Activities	-631	-400	298	132	-1,778	300	250	-82	-109	142	-93
Net Cash From Continuing Investing Activities	-631	-400	298	132	-1,778	300	250	-82	-109	142	-93
Purchase of Investment Securities	-580	-305	-0.07	-81	-1,819	-170	-125	-337	-364	-203	-130
Sale and/or Maturity of Investments	1.11	3.02	50	211	40	470	375	256	255	345	37
Net Cash From Financing Activities	468	153	-533	-334	1,718	-746	31	-33	-209	-237	-158
Net Cash From Continuing Financing Activities	468	153	-533	-334	1,718	-746	31	-33	-209	-237	-158
Issuance of Debt	380	815	619	239	2,400	415	1,273	269	1,570	150	400
Repayment of Debt	-139	-546	-918	-348	-557	-938	-1,098	-432	-1,625	-221	-465
Repurchase of Preferred Equity	0.00	0.00	-225	-	-	0.00	0.00	-250	-16	-16	0.00
Repurchase of Common Equity	-0.63	-4.09	-2.50	-96	-2.51	-4.01	-1.26	-0.72	-71	-93	-17
Payment of Dividends	-80	-110	-127	-123	-122	-217	-87	-45	-53	-54	-52
Other Financing Activities, Net	-10	-3.51	-5.60	-5.37	-0.47	-0.86	-55	-54	-15	-3.64	-24

This table details how cash moves in and out of Pebblebrook Hotel Trust's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Net Change in Cash & Equivalents	-158	94	40	5.32	2.03	-129	46	33	73	0.60	49
Net Cash From Operating Activities	24	46	74	82	34	46	84	76	69	50	91
Net Cash From Continuing Operating Activities	24	46	74	82	34	46	84	76	69	50	91
Net Income / (Loss) Continuing Operations	-40	-22	46	-56	-42	-28	32	45	-50	-32	19
Consolidated Net Income / (Loss)	-40	-22	46	-56	-42	-28	32	45	-50	-32	19
Depreciation Expense	60	58	58	63	61	57	57	58	57	58	58
Amortization Expense	3.49	3.01	2.87	3.70	2.55	4.08	2.61	2.61	5.03	2.99	2.90
Non-Cash Adjustments to Reconcile Net Income	8.40	-6.24	-19	76	16	3.99	4.73	-21	25	3.78	11
Changes in Operating Assets and Liabilities, net	-7.53	13	-14	-4.48	-3.30	8.24	-13	-8.72	32	18	-0.24
Net Cash From Investing Activities	-43	105	30	-39	46	-39	-23	-18	-13	-21	-27
Net Cash From Continuing Investing Activities	-43	105	30	-39	46	-39	-23	-18	-13	-21	-27
Purchase of Investment Securities	-48	-35	-65	-42	-61	-50	-33	-18	-28	-21	-29
Sale and/or Maturity of Investments	5.64	140	96	2.97	106	12	10	0.21	15	0.00	2.39
Net Cash From Financing Activities	-139	-57	-64	-38	-78	-136	-14	-25	17	-29	-15
Net Cash From Continuing Financing Activities	-139	-57	-64	-38	-78	-136	-14	-25	17	-29	-15
Repayment of Debt	-1,417	-0.50	-0.50	-162	-58	-110	-0.51	-0.52	-354	-0.55	-0.55
Repurchase of Common Equity	-70	-43	-50	-	-	-6.85	-	-10	-	-15	-1.00
Payment of Dividends	-14	-13	-13	-13	-13	-13	-13	-13	-13	-13	-13
Other Financing Activities, Net	-15	-0.44	-0.51	-2.32	-0.38	-5.93	-0.76	-1.31	-16	-0.71	-0.41

This table presents Pebblebrook Hotel Trust's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	2,770	3,058	2,809	2,591	6,978	6,499	6,076	6,261	6,134	5,825	5,693
Cash and Due from Banks	53	26	33	25	83	30	124	59	41	184	207
Restricted Cash	16	9.45	7.42	7.12	24	27	12	34	11	9.89	11
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	2,344	2,674	2,673	2,456	6,534	6,333	5,882	6,079	5,875	5,491	5,319
Other Assets	62	70	66	73	137	109	58	90	206	141	157
Total Liabilities & Shareholders' Equity	2,770	3,058	2,809	2,591	6,978	6,499	6,076	6,261	6,134	5,825	5,693
Total Liabilities	988	1,298	1,200	1,087	3,208	2,867	2,812	3,097	3,049	2,975	2,905
Accrued Interest Payable	2.38	2.55	2.28	2.07	2.74	4.69	4.65	4.57	4.54	6.83	12
Other Short-Term Payables	130	172	182	173	404	319	236	262	263	251	234
Long-Term Debt	794	419	242	885	2,747	2,229	2,280	2,442	2,387	2,320	2,247
Other Long-Term Liabilities	-	522	672	27	55	314	291	388	394	397	413
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,782	1,761	1,609	1,504	3,770	3,632	3,264	3,164	3,085	2,850	2,788
Total Preferred & Common Equity	1,781	1,758	1,606	1,499	3,760	3,621	3,257	3,156	2,997	2,764	2,697
Preferred Stock	0.14	0.14	0.10	0.10	0.20	0.20	0.20	0.30	0.29	0.28	0.28
Total Common Equity	1,781	1,758	1,606	1,499	3,760	3,621	3,257	3,156	2,996	2,763	2,697
Common Stock	1,865	1,869	1,777	1,686	4,067	4,071	4,171	4,269	4,184	4,080	4,073
Accumulated Other Comprehensive Income / (Loss)	-0.34	-4.75	-2.31	3.69	1.33	-25	-60	-19	36	24	17
Other Equity Adjustments	-	-	-	-	-309	-425	-854	-1,094	-1,223	-1,341	-1,393
Noncontrolling Interest	1.32	2.45	3.43	4.63	10	11	6.99	7.72	88	87	90

This table presents Pebblebrook Hotel Trust's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025
Total Assets	6,389	6,336	6,078	6,073	5,999	5,698	5,704	5,723	5,651	5,653
Cash and Due from Banks	32	191	139	176	183	57	102	134	208	256
Restricted Cash	31	19	8.03	11	8.95	8.27	9.49	10	10	11
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	6,039	5,965	5,703	5,714	5,553	5,475	5,443	5,400	5,282	5,249
Other Assets	287	161	228	173	254	158	150	178	151	137
Total Liabilities & Shareholders' Equity	6,389	6,336	6,078	6,073	5,999	5,698	5,704	5,723	5,651	5,653
Total Liabilities	3,196	3,113	3,074	3,069	3,059	2,884	2,870	2,881	2,924	2,922
Accrued Interest Payable	4.82	10	9.36	8.09	11	10	6.64	9.61	21	10
Other Short-Term Payables	273	291	271	271	285	259	250	256	231	244
Long-Term Debt	2,518	2,419	2,388	2,389	2,367	2,207	2,207	2,208	2,247	2,248
Other Long-Term Liabilities	400	393	405	402	397	409	406	408	425	420
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	3,193	3,223	3,004	3,004	2,939	2,814	2,834	2,842	2,726	2,731
Total Preferred & Common Equity	3,106	3,136	2,916	2,914	2,849	2,726	2,746	2,752	2,635	2,639
Preferred Stock	0.30	0.30	0.29	0.29	0.29	0.28	0.28	0.28	0.28	0.28
Total Common Equity	3,106	3,135	2,915	2,914	2,849	2,726	2,745	2,752	2,635	2,638
Common Stock	4,272	4,275	4,144	4,096	4,098	4,076	4,079	4,071	4,062	4,063
Accumulated Other Comprehensive Income / (Loss)	24	39	30	44	46	31	29	11	11	6.87
Other Equity Adjustments	-1,191	-1,178	-1,258	-1,226	-1,295	-1,381	-1,362	-1,331	-1,438	-1,431
Noncontrolling Interest	87	88	88	90	90	88	89	90	91	92

This table displays calculated financial ratios and metrics derived from Pebblebrook Hotel Trust's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.66%	27.93%	5.47%	-5.52%	5.84%	-114.00%	4.03%	7.17%	1,436.92%	-108.95%	2.79%
EBITDA Growth	43.54%	38.69%	29.28%	-16.24%	-31.91%	166.92%	-141.56%	135.12%	208.06%	4.26%	23.17%
EBIT Growth	81.35%	36.93%	51.45%	-29.13%	-86.70%	826.26%	-428.30%	53.02%	54.26%	8.70%	63.51%
NOPAT Growth	78.61%	39.19%	55.87%	-29.38%	-88.21%	902.03%	-340.08%	53.02%	54.26%	8.70%	63.51%
Net Income Growth	70.27%	29.17%	-22.14%	35.56%	-86.65%	764.59%	-439.25%	52.53%	54.40%	12.60%	100.02%
EPS Growth	121.88%	32.39%	-31.91%	85.94%	-105.04%	1,150.00%	-615.87%	44.62%	47.22%	2.11%	58.06%
Operating Cash Flow Growth	50.10%	36.85%	8.72%	-19.31%	-29.92%	191.24%	-151.06%	135.07%	293.90%	-15.26%	16.43%
Free Cash Flow Firm Growth	-151.55%	169.55%	48.22%	-165.01%	-1,052.17%	118.74%	-95.00%	-596.17%	138.79%	232.83%	-53.21%
Invested Capital Growth	29.42%	-10.73%	-17.53%	23.54%	172.81%	-10.06%	-5.40%	1.10%	-2.39%	-5.51%	-2.62%
Revenue Q/Q Growth	5.11%	4.98%	0.52%	-2.36%	6.13%	-107.96%	89.19%	79.47%	1,469.69%	1.34%	-2.26%
EBITDA Q/Q Growth	6.80%	7.79%	0.37%	-4.48%	-30.85%	39.91%	-600.41%	176.51%	1.57%	-1.43%	-4.45%
EBIT Q/Q Growth	7.87%	8.64%	-0.77%	-7.80%	-86.50%	329.28%	-89.35%	40.25%	2.11%	-3.74%	-46.06%
NOPAT Q/Q Growth	7.87%	9.82%	0.10%	-7.95%	-87.71%	209.23%	-89.35%	40.25%	2.11%	-3.74%	-46.06%
Net Income Q/Q Growth	7.47%	7.84%	-5.82%	-6.08%	-89.26%	3,727.74%	-96.46%	41.16%	3.36%	-2.86%	-99.80%
EPS Q/Q Growth	5.97%	13.25%	-4.48%	-7.75%	-103.90%	166.32%	-82.58%	35.25%	8.65%	-1.09%	-56.00%
Operating Cash Flow Q/Q Growth	6.58%	9.99%	-3.24%	-5.75%	-36.40%	40.65%	-197.79%	763.53%	-0.78%	4.23%	14.74%
Free Cash Flow Firm Q/Q Growth	-139.07%	165.26%	-43.30%	-179.00%	-1,334.07%	119.80%	52.46%	-111.01%	163.68%	-12.73%	-52.44%
Invested Capital Q/Q Growth	17.05%	-18.96%	-6.23%	39.19%	210.75%	-0.43%	-2.96%	0.34%	-3.02%	-2.57%	-0.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	23.81%	25.81%	31.63%	28.05%	18.04%	0.00%	0.00%	0.00%	12.99%	0.00%	0.00%
EBIT Margin	11.62%	12.44%	17.86%	13.40%	1.68%	0.00%	0.00%	0.00%	-6.60%	0.00%	0.00%
Profit (Net Income) Margin	12.81%	12.93%	9.55%	13.70%	1.73%	0.00%	0.00%	0.00%	-6.58%	0.00%	0.00%
Tax Burden Percent	95.77%	97.35%	100.18%	99.82%	88.48%	95.72%	99.07%	100.03%	100.33%	100.89%	-0.06%
Interest Burden Percent	115.08%	106.80%	53.35%	102.41%	115.92%	100.02%	99.87%	99.94%	99.34%	94.57%	90.16%
Effective Tax Rate	4.23%	2.65%	-0.18%	0.18%	11.52%	4.28%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	2.75%	3.58%	6.48%	4.53%	0.26%	0.00%	0.00%	0.00%	-1.08%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	4.12%	4.43%	-7.76%	4.92%	0.36%	0.00%	0.00%	0.00%	-2.13%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	1.77%	1.78%	-2.09%	1.91%	0.25%	0.00%	0.00%	0.00%	-1.64%	0.00%	0.00%
Return on Equity (ROE)	4.52%	5.36%	4.39%	6.44%	0.51%	3.13%	-11.39%	-5.80%	-2.72%	-2.50%	0.00%
Cash Return on Invested Capital (CROIC)	-22.90%	14.92%	25.69%	-16.53%	-92.45%	12.46%	0.68%	-3.43%	1.34%	4.65%	2.27%
Operating Return on Assets (OROA)	2.73%	3.14%	4.72%	3.63%	0.27%	0.00%	0.00%	0.00%	-1.38%	0.00%	0.00%
Return on Assets (ROA)	3.01%	3.26%	2.52%	3.71%	0.28%	0.00%	0.00%	0.00%	-1.37%	0.00%	0.00%
Return on Common Equity (ROCE)	4.51%	5.36%	4.38%	6.43%	0.51%	3.12%	-11.36%	-5.78%	-2.68%	-2.43%	0.00%
Return on Equity Simple (ROE_SIMPLE)	4.13%	5.40%	4.61%	6.69%	0.36%	3.20%	-12.05%	-5.91%	-2.84%	-2.69%	0.00%
Net Operating Profit after Tax (NOPAT)	64	89	139	98	12	116	-278	-130	-60	-54	-20
NOPAT Margin	11.13%	12.11%	17.89%	13.37%	1.49%	0.00%	0.00%	0.00%	-4.62%	0.00%	0.00%
Net Nonoperating Expense Percent (NNEP)	-1.38%	-0.85%	14.24%	-0.39%	-0.10%	0.00%	5.09%	2.37%	1.05%	0.84%	-0.87%
SG&A Expenses to Revenue	20.41%	46.18%	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	88.38%	87.56%	82.14%	86.60%	98.32%	0.00%	0.00%	0.00%	106.60%	0.00%	0.00%
Earnings before Interest and Taxes (EBIT)	67	91	138	98	13	121	-397	-186	-85	-78	-28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	137	190	245	205	140	373	-155	54	168	175	215
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.34	0.93	1.14	1.53	0.49	0.96	0.75	0.93	0.58	0.69	0.60
Price to Tangible Book Value (P/TBV)	1.37	0.94	1.17	1.56	0.51	0.96	0.75	0.93	0.58	0.69	0.60
Price to Revenue (P/Rev)	4.17	2.22	2.37	3.14	2.36	0.00	0.00	0.00	1.35	0.00	0.00
Price to Earnings (P/E)	50.05	23.71	39.11	27.43	0.00	41.78	0.00	0.00	0.00	0.00	0.00
Dividend Yield	2.55%	5.47%	5.96%	4.56%	5.73%	5.73%	0.21%	0.18%	0.30%	0.25%	0.30%
Earnings Yield	2.00%	4.22%	2.56%	3.65%	0.00%	2.39%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.21	0.93	1.10	1.32	0.69	0.96	0.83	0.94	0.76	0.80	0.74
Enterprise Value to Revenue (EV/Rev)	5.52	2.97	2.74	4.31	5.78	0.00	0.00	0.00	3.23	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	23.17	11.50	8.66	15.37	32.05	15.13	0.00	96.90	24.88	23.63	17.37
Enterprise Value to EBIT (EV/EBIT)	47.47	23.86	15.35	32.17	343.29	46.71	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	49.57	24.51	15.32	32.23	387.96	48.80	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	19.64	9.88	8.85	16.30	33.01	14.29	0.00	74.57	14.97	17.50	13.61
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	5.88	3.86	0.00	0.00	7.32	118.99	0.00	56.20	16.72	32.35
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.47	0.33	0.20	0.59	0.73	0.61	0.70	0.77	0.77	0.81	0.81
Long-Term Debt to Equity	0.45	0.24	0.15	0.59	0.73	0.61	0.70	0.77	0.77	0.81	0.81
Financial Leverage	0.43	0.40	0.27	0.39	0.69	0.67	0.65	0.73	0.77	0.79	0.81
Leverage Ratio	1.50	1.65	1.74	1.73	1.81	1.82	1.82	1.92	1.98	2.02	2.04
Compound Leverage Factor	1.73	1.76	0.93	1.78	2.10	1.82	1.82	1.92	1.97	1.91	1.84
Debt to Total Capital	32.13%	24.90%	16.78%	37.06%	42.15%	38.03%	41.13%	43.56%	43.63%	44.87%	44.63%
Short-Term Debt to Total Capital	1.90%	7.04%	4.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	30.23%	17.86%	12.54%	37.06%	42.15%	38.03%	41.13%	43.56%	43.63%	44.87%	44.63%
Preferred Equity to Total Capital	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%
Noncontrolling Interests to Total Capital	0.05%	0.10%	0.18%	0.19%	0.15%	0.18%	0.13%	0.14%	1.61%	1.68%	1.80%
Common Equity to Total Capital	67.81%	74.99%	83.04%	62.74%	57.69%	61.78%	58.74%	56.30%	54.76%	53.45%	53.57%
Debt to EBITDA	6.17	3.08	1.32	4.31	19.65	5.97	-14.71	44.84	14.23	13.26	10.43
Net Debt to EBITDA	5.67	2.89	1.16	4.15	18.88	5.82	-13.83	43.14	13.92	12.16	9.42
Long-Term Debt to EBITDA	5.81	2.21	0.99	4.31	19.65	5.97	-14.71	44.84	14.23	13.26	10.43
Debt to NOPAT	13.21	6.56	2.34	9.04	237.90	19.27	-8.21	-18.71	-40.00	-42.57	-112.99
Net Debt to NOPAT	12.12	6.16	2.05	8.71	228.57	18.78	-7.72	-18.01	-39.12	-39.02	-102.05
Long-Term Debt to NOPAT	12.42	4.71	1.75	9.04	237.90	19.27	-8.21	-18.71	-40.00	-42.57	-112.99
Noncontrolling Interest Sharing Ratio	0.10%	0.11%	0.18%	0.27%	0.28%	0.29%	0.26%	0.24%	1.54%	2.96%	3.15%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-533	371	550	-357	-4,117	771	39	-191	74	247	116
Operating Cash Flow to CapEx	306.90%	221.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-19.70	9.56	12.60	-9.58	-76.34	7.11	0.37	-1.98	0.74	2.14	1.03
Operating Cash Flow to Interest Expense	5.96	5.69	5.50	5.19	2.52	3.64	-1.94	0.73	2.79	2.04	2.45
Operating Cash Flow Less CapEx to Interest Expense	4.02	3.12	11.06	5.19	2.52	3.64	-1.94	0.73	2.79	2.04	2.45
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.24	0.25	0.26	0.27	0.16	0.00	0.00	0.00	0.21	0.00	0.00
Fixed Asset Turnover	0.28	0.29	0.29	0.29	0.17	0.00	0.00	0.00	0.22	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,626	2,345	1,934	2,389	6,517	5,861	5,545	5,606	5,472	5,170	5,035
Invested Capital Turnover	0.25	0.30	0.36	0.34	0.17	0.00	0.00	0.00	0.23	0.00	0.00
Increase / (Decrease) in Invested Capital	597	-282	-411	455	4,128	-656	-316	61	-134	-302	-136
Enterprise Value (EV)	3,168	2,180	2,124	3,156	4,480	5,646	4,592	5,277	4,174	4,133	3,742
Market Capitalization	2,392	1,630	1,836	2,298	1,830	3,463	2,441	2,920	1,750	1,920	1,622
Book Value per Share	$26.88	$24.47	$22.28	$21.74	$54.46	$27.72	$24.88	$24.02	$22.79	$22.93	$22.53
Tangible Book Value per Share	$26.41	$24.05	$21.87	$21.32	$51.56	$27.72	$24.88	$24.02	$22.79	$22.93	$22.53
Total Capital	2,626	2,345	1,934	2,389	6,517	5,861	5,545	5,606	5,472	5,170	5,035
Total Debt	844	584	324	885	2,747	2,229	2,280	2,442	2,387	2,320	2,247
Total Long-Term Debt	794	419	242	885	2,747	2,229	2,280	2,442	2,387	2,320	2,247
Net Debt	775	548	284	853	2,639	2,172	2,144	2,350	2,335	2,126	2,029
Capital Expenditures (CapEx)	53	100	-242	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	-9.64	-6.05	65	-2.36	-1.84	-0.03	115	56	25	20	-20
Net Nonoperating Obligations (NNO)	844	584	324	885	2,747	2,229	2,280	2,442	2,387	2,320	2,247
Total Depreciation and Amortization (D&A)	70	98	107	107	127	252	242	241	253	253	244
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.72	$0.95	$0.65	$1.20	$0.00	$0.63	($3.25)	($1.80)	($0.95)	($0.93)	($0.39)
Adjusted Weighted Average Basic Shares Outstanding	65.65M	71.72M	71.90M	69.59M	74.29M	130.47M	130.61M	130.80M	130.45M	121.81M	119.77M
Adjusted Diluted Earnings per Share	$0.71	$0.94	$0.64	$1.19	$0.00	$0.63	($3.25)	($1.80)	($0.95)	($0.93)	($0.39)
Adjusted Weighted Average Diluted Shares Outstanding	66.26M	72.38M	72.37M	69.98M	74.29M	130.72M	130.61M	130.80M	130.45M	121.81M	119.77M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.63	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	71.72M	71.95M	72.12M	68.99M	130.52M	130.96M	131.32M	131.49M	125.98M	120.29M	119.81M
Normalized Net Operating Profit after Tax (NOPAT)	66	89	106	98	78	-1,419	-528	-679	-1.28	-1,012	-1,003
Normalized NOPAT Margin	11.46%	12.11%	13.62%	13.38%	10.06%	0.00%	0.00%	0.00%	-0.10%	0.00%	0.00%
Pre Tax Income Margin	13.37%	13.28%	9.53%	13.72%	1.95%	0.00%	0.00%	0.00%	-6.56%	0.00%	0.00%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.47	2.36	3.17	2.63	0.24	1.11	-3.81	-1.93	-0.85	-0.67	-0.25
NOPAT to Interest Expense	2.36	2.29	3.18	2.62	0.21	1.07	-2.67	-1.35	-0.60	-0.47	-0.18
EBIT Less CapEx to Interest Expense	0.52	-0.22	8.73	2.63	0.24	1.11	-3.81	-1.93	-0.85	-0.67	-0.25
NOPAT Less CapEx to Interest Expense	0.42	-0.28	8.74	2.62	0.21	1.07	-2.67	-1.35	-0.60	-0.47	-0.18
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	109.38%	115.78%	171.83%	123.10%	910.15%	187.85%	-22.04%	-24.00%	-61.96%	-72.13%	325,300.00%
Augmented Payout Ratio	110.24%	120.09%	175.21%	218.83%	928.88%	191.32%	-22.36%	-24.38%	-145.19%	-197.01%	430,618.75%

This table displays calculated financial ratios and metrics derived from Pebblebrook Hotel Trust's official financial filings.

Metric	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025
Period end date	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	5,881.81%	-21.52%	-27.56%	-23.99%	-102.03%	3.68%	5.43%	9.98%	-8.98%	-2.69%	2.35%
EBITDA Growth	13.11%	203.98%	14.79%	-89.07%	-11.40%	-14.46%	-12.40%	700.07%	-50.76%	-21.89%	-7.83%
EBIT Growth	4.29%	77.82%	57.25%	-309.82%	-6.85%	-25.07%	-27.02%	133.54%	-20.44%	-23.63%	-23.99%
NOPAT Growth	4.29%	77.82%	57.15%	-252.54%	-6.85%	-25.07%	-29.19%	208.52%	-20.44%	-23.63%	-44.21%
Net Income Growth	6.90%	78.00%	60.37%	-314.73%	-5.17%	-24.84%	-30.19%	179.93%	-18.88%	-16.93%	-40.18%
EPS Growth	21.95%	68.24%	100.00%	-670.00%	-3.13%	-18.52%	-33.33%	142.11%	-42.42%	-15.63%	-62.50%
Operating Cash Flow Growth	-8.23%	19.05%	-28.71%	-26.59%	39.38%	-0.50%	13.08%	-7.29%	104.20%	9.44%	8.21%
Free Cash Flow Firm Growth	215.67%	182.96%	315.83%	1,103.64%	157.50%	192.94%	5.66%	1.46%	-63.62%	-93.69%	-79.06%
Invested Capital Growth	-2.39%	-2.46%	-5.56%	-5.95%	-5.51%	-6.90%	-6.51%	-4.84%	-2.62%	-0.92%	-1.24%
Revenue Q/Q Growth	5,546.27%	6.17%	-7.71%	-5.00%	10.82%	4.49%	-5.75%	0.05%	-7.96%	10.00%	-0.55%
EBITDA Q/Q Growth	-75.39%	75.40%	171.01%	-90.66%	99.52%	69.35%	177.53%	-14.68%	-87.72%	168.65%	227.45%
EBIT Q/Q Growth	-250.79%	45.80%	303.63%	-226.08%	23.21%	36.56%	218.82%	-42.06%	-375.76%	34.88%	173.05%
NOPAT Q/Q Growth	-209.63%	45.80%	390.70%	-188.31%	23.21%	36.56%	264.59%	35.34%	-185.22%	34.88%	174.27%
Net Income Q/Q Growth	-251.56%	44.70%	309.49%	-222.30%	25.77%	34.37%	217.15%	40.03%	-210.42%	35.44%	159.93%
EPS Q/Q Growth	-420.00%	15.63%	188.89%	-337.50%	42.11%	3.03%	150.00%	50.00%	-295.83%	21.28%	116.22%
Operating Cash Flow Q/Q Growth	-78.23%	89.99%	60.06%	10.90%	-58.67%	35.64%	81.89%	-9.07%	-8.97%	-27.31%	79.86%
Free Cash Flow Firm Q/Q Growth	457.06%	14.33%	201.46%	-18.45%	-8.39%	30.07%	8.73%	-21.69%	-67.15%	-77.44%	260.80%
Invested Capital Q/Q Growth	-3.02%	-1.46%	0.01%	-1.60%	-2.57%	-2.90%	0.43%	0.16%	-0.30%	-1.21%	0.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	1.64%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Margin	-3.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profit (Net Income) Margin	-2.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Tax Burden Percent	98.18%	100.00%	99.93%	101.48%	99.53%	100.17%	96.96%	226.50%	97.13%	91.05%	71.17%
Interest Burden Percent	99.01%	99.18%	102.10%	97.54%	96.14%	98.83%	100.66%	104.14%	97.24%	102.83%	107.93%
Effective Tax Rate	0.00%	0.00%	0.07%	0.00%	0.00%	0.00%	3.04%	-126.50%	0.00%	0.00%	28.83%
Return on Invested Capital (ROIC)	-0.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.95%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-0.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	-1.23%	-0.22%	0.34%	-2.34%	-2.50%	-2.74%	-3.21%	0.27%	0.00%	-0.17%	-0.63%
Cash Return on Invested Capital (CROIC)	1.34%	2.40%	5.88%	5.17%	4.65%	6.02%	5.45%	4.70%	2.27%	0.44%	0.65%
Operating Return on Assets (OROA)	-0.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Assets (ROA)	-0.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Common Equity (ROCE)	-1.21%	-0.22%	0.33%	-2.28%	-2.43%	-2.66%	-3.11%	0.27%	0.00%	-0.16%	-0.61%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-0.23%	0.36%	-2.53%	0.00%	-2.93%	-3.41%	0.29%	0.00%	-0.18%	-0.67%
Net Operating Profit after Tax (NOPAT)	-29	-16	45	-40	-31	-19	32	43	-37	-24	18
NOPAT Margin	-2.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Nonoperating Expense Percent (NNEP)	0.46%	0.27%	-0.04%	0.69%	0.48%	0.35%	-0.01%	-0.08%	0.57%	0.36%	-0.06%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	103.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings before Interest and Taxes (EBIT)	-41	-22	45	-57	-44	-28	33	19	-53	-34	25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	22	39	106	9.91	20	33	93	79	9.74	26	86
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.58	0.60	0.59	0.57	0.69	0.68	0.60	0.58	0.60	0.46	0.45
Price to Tangible Book Value (P/TBV)	0.58	0.60	0.59	0.57	0.69	0.68	0.60	0.58	0.60	0.46	0.45
Price to Revenue (P/Rev)	1.35	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.30%	0.29%	0.29%	0.30%	0.25%	0.26%	0.29%	0.30%	0.30%	0.39%	0.40%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.76	0.76	0.74	0.73	0.80	0.81	0.76	0.74	0.74	0.67	0.65
Enterprise Value to Revenue (EV/Rev)	3.23	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	24.88	16.74	15.51	21.97	23.63	24.11	24.61	16.62	17.37	16.02	16.23
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	434.27	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	446.92	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	14.97	14.30	15.62	17.20	17.50	17.29	15.64	15.64	13.61	11.94	11.39
Enterprise Value to Free Cash Flow (EV/FCFF)	56.20	31.29	12.26	13.76	16.72	13.01	13.51	15.41	32.35	152.80	100.70
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.77	0.79	0.80	0.81	0.81	0.78	0.78	0.78	0.81	0.82	0.82
Long-Term Debt to Equity	0.77	0.79	0.80	0.81	0.81	0.78	0.78	0.78	0.81	0.82	0.82
Financial Leverage	0.77	0.79	0.79	0.78	0.79	0.79	0.79	0.79	0.81	0.80	0.80
Leverage Ratio	1.98	2.01	2.01	2.00	2.02	2.02	2.02	2.03	2.04	2.05	2.04
Compound Leverage Factor	1.96	2.00	2.05	1.95	1.94	2.00	2.03	2.11	1.99	2.11	2.20
Debt to Total Capital	43.63%	44.29%	44.30%	44.61%	44.87%	43.96%	43.78%	43.72%	44.63%	45.19%	45.15%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	43.63%	44.29%	44.30%	44.61%	44.87%	43.96%	43.78%	43.72%	44.63%	45.19%	45.15%
Preferred Equity to Total Capital	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Noncontrolling Interests to Total Capital	1.61%	1.64%	1.66%	1.70%	1.68%	1.74%	1.76%	1.78%	1.80%	1.83%	1.86%
Common Equity to Total Capital	54.76%	54.07%	54.04%	53.69%	53.45%	54.30%	54.46%	54.49%	53.57%	52.97%	52.99%
Debt to EBITDA	14.23	9.76	9.25	13.34	13.26	13.04	14.14	9.79	10.43	10.80	11.19
Net Debt to EBITDA	13.92	9.17	8.53	12.26	12.16	12.65	13.43	9.15	9.42	9.75	9.86
Long-Term Debt to EBITDA	14.23	9.76	9.25	13.34	13.26	13.04	14.14	9.79	10.43	10.80	11.19
Debt to NOPAT	-40.00	-469.96	266.63	-45.06	-42.57	-37.79	-32.96	-162.17	-112.99	-91.80	-74.86
Net Debt to NOPAT	-39.12	-441.12	245.84	-41.41	-39.02	-36.68	-31.30	-151.57	-102.05	-82.88	-65.96
Long-Term Debt to NOPAT	-40.00	-469.96	266.63	-45.06	-42.57	-37.79	-32.96	-162.17	-112.99	-91.80	-74.86
Noncontrolling Interest Sharing Ratio	1.54%	1.59%	2.86%	2.89%	2.96%	3.03%	3.07%	3.12%	3.15%	3.24%	3.27%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	105	120	363	296	271	353	383	300	99	22	80
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	3.60	4.39	12.28	9.54	9.80	13.34	13.72	10.75	3.27	0.82	2.94
Operating Cash Flow to Interest Expense	0.83	1.69	2.50	2.65	1.23	1.74	2.99	2.72	2.30	1.86	3.32
Operating Cash Flow Less CapEx to Interest Expense	0.83	1.69	2.50	2.65	1.23	1.74	2.99	2.72	2.30	1.86	3.32
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.21	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,472	5,392	5,393	5,306	5,170	5,020	5,042	5,050	5,035	4,974	4,979
Invested Capital Turnover	0.23	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Increase / (Decrease) in Invested Capital	-134	-136	-318	-336	-302	-372	-351	-257	-136	-46	-62
Enterprise Value (EV)	4,174	4,093	4,004	3,899	4,133	4,080	3,842	3,748	3,742	3,335	3,259
Market Capitalization	1,750	1,763	1,711	1,633	1,920	1,851	1,657	1,594	1,622	1,214	1,186
Book Value per Share	$22.79	$23.14	$23.67	$23.64	$22.93	$22.70	$22.78	$22.84	$22.53	$21.99	$22.23
Tangible Book Value per Share	$22.79	$23.14	$23.67	$23.64	$22.93	$22.70	$22.78	$22.84	$22.53	$21.99	$22.23
Total Capital	5,472	5,392	5,393	5,306	5,170	5,020	5,042	5,050	5,035	4,974	4,979
Total Debt	2,387	2,388	2,389	2,367	2,320	2,207	2,207	2,208	2,247	2,247	2,248
Total Long-Term Debt	2,387	2,388	2,389	2,367	2,320	2,207	2,207	2,208	2,247	2,247	2,248
Net Debt	2,335	2,241	2,202	2,175	2,126	2,142	2,096	2,063	2,029	2,029	1,981
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	11	6.49	-0.95	17	11	8.06	-0.21	-1.80	13	8.12	-1.42
Net Nonoperating Obligations (NNO)	2,387	2,388	2,389	2,367	2,320	2,207	2,207	2,208	2,247	2,247	2,248
Total Depreciation and Amortization (D&A)	63	61	61	67	64	61	60	60	63	61	61
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.33)	($0.27)	$0.27	($0.57)	($0.36)	($0.32)	$0.17	$0.27	($0.51)	($0.37)	$0.06
Adjusted Weighted Average Basic Shares Outstanding	130.45M	125.49M	121.70M	120.06M	121.81M	120.09M	120.09M	119.64M	119.77M	119.20M	118.17M
Adjusted Diluted Earnings per Share	($0.32)	($0.27)	$0.24	($0.57)	($0.33)	($0.32)	$0.16	$0.24	($0.47)	($0.37)	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	130.45M	125.49M	151.24M	120.06M	121.81M	120.09M	149.74M	149.35M	119.77M	119.20M	118.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	125.98M	123.11M	120.50M	120.50M	120.29M	120.50M	120.50M	119.69M	119.81M	118.69M	118.57M
Normalized Net Operating Profit after Tax (NOPAT)	724	-234	-362	-267	-265	-239	-353	-268	-273	-248	-272
Normalized NOPAT Margin	53.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Pre Tax Income Margin	-2.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-1.40	-0.81	1.53	-1.84	-1.58	-1.05	1.18	0.69	-1.75	-1.27	0.92
NOPAT to Interest Expense	-0.98	-0.57	1.53	-1.29	-1.11	-0.74	1.15	1.55	-1.23	-0.89	0.65
EBIT Less CapEx to Interest Expense	-1.40	-0.81	1.53	-1.84	-1.58	-1.05	1.18	0.69	-1.75	-1.27	0.92
NOPAT Less CapEx to Interest Expense	-0.98	-0.57	1.53	-1.29	-1.11	-0.74	1.15	1.55	-1.23	-0.89	0.65
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-61.96%	-784.63%	512.20%	-74.84%	-72.13%	-66.66%	-56.32%	660.60%	325,300.00%	-1,120.46%	-295.58%
Augmented Payout Ratio	-145.19%	-2,434.49%	2,047.41%	-299.68%	-197.01%	-137.95%	-63.63%	872.99%	430,618.75%	-1,650.43%	-441.12%

Key Financial Trends

Pebblebrook Hotel Trust (PEB) Financial Overview:

Reviewing the last four years of quarterly financial data for Pebblebrook Hotel Trust reveals several key trends and notable developments:

The company’s net income showed significant improvement in recent quarters, turning positive in 2025 Q2 with a consolidated net income of $19.3 million, compared to multi-quarter losses in 2023 and early 2024.
Depreciation and amortization expenses have remained stable, reflecting steady asset maintenance and valuation practices, with depreciation around $57 million in recent quarters.
Operational cash flow improved considerably in recent quarters, with net cash from continuing operating activities rising to $90.5 million in Q2 2025 from $50.3 million in Q1 2025, indicating stronger core business performance.
Cash and cash equivalents have increased from about $57 million in Q1 2023 to $256 million in Q2 2025, demonstrating growing liquidity and improved financial flexibility.
Total assets remained fairly consistent around the $5.6 billion mark, pointing to stable asset base and infrastructure.
The company continues to pay sizable dividends, with payments around $13 million per quarter, indicating a steady commitment to shareholder returns but also a cash outflow.
Long-term debt interest expense has been roughly steady at around $27 million per quarter recently (Q2 2025), showing stable financing costs but a significant expense drag on net income.
There were notable “Other Special Charges” with large negative values consistently each quarter, which likely represent significant non-cash or one-time items impacting net income negatively but not necessarily cash flow.
The company posted multiple quarters of net losses between Q3 2023 and mid-2024, with the largest quarterly loss reaching nearly $56 million (Q3 2023), highlighting past operational and financial challenges.
Net interest expense remains a significant burden, with total interest costs around $27 million per quarter recently, contributing to negative total revenue figures.

Summary: Pebblebrook Hotel Trust experienced challenging periods during 2023 through early 2024, with consistent net losses and ongoing interest expense pressures. However, the company’s latest quarterly results indicate a financial turnaround, achieving profitability and strong operating cash flow in 2025 Q2. The growing cash position and stable asset base are positive signs, although interest expenses and special charges remain a drag. Continued monitoring of quarterly earnings and expense management will be important for investors considering this stock.

08/12/25 02:26 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Pebblebrook Hotel Trust's Financials

When does Pebblebrook Hotel Trust's fiscal year end?

According to the most recent income statement we have on file, Pebblebrook Hotel Trust's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Pebblebrook Hotel Trust's net income changed over the last 10 years?

Pebblebrook Hotel Trust's net income appears to be on an upward trend, with a most recent value of $16 thousand in 2024, falling from $73.54 million in 2014. The previous period was -$74.28 million in 2023. View Pebblebrook Hotel Trust's forecast to see where analysts expect Pebblebrook Hotel Trust to go next.

How has Pebblebrook Hotel Trust's revenue changed over the last 10 years?

Over the last 10 years, Pebblebrook Hotel Trust's total revenue changed from $574.24 million in 2014 to -$112.43 million in 2024, a change of -119.6%.

How much debt does Pebblebrook Hotel Trust have?

Pebblebrook Hotel Trust's total liabilities were at $2.91 billion at the end of 2024, a 2.3% decrease from 2023, and a 194.1% increase since 2014.

How much cash does Pebblebrook Hotel Trust have?

In the past 10 years, Pebblebrook Hotel Trust's cash and equivalents has ranged from $25.41 million in 2017 to $206.65 million in 2024, and is currently $206.65 million as of their latest financial filing in 2024.

How has Pebblebrook Hotel Trust's book value per share changed over the last 10 years?

Over the last 10 years, Pebblebrook Hotel Trust's book value per share changed from 26.88 in 2014 to 22.53 in 2024, a change of -16.2%.

Related Companies

This page (NYSE:PEB) was last updated on 8/12/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Pebblebrook Hotel Trust (PEB) Financials

Key Financial Trends

Frequently Asked Questions About Pebblebrook Hotel Trust's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Pebblebrook Hotel Trust (PEB) Financials

Annual Income Statements for Pebblebrook Hotel Trust

Quarterly Income Statements for Pebblebrook Hotel Trust

Annual Cash Flow Statements for Pebblebrook Hotel Trust

Quarterly Cash Flow Statements for Pebblebrook Hotel Trust

Annual Balance Sheets for Pebblebrook Hotel Trust

Quarterly Balance Sheets for Pebblebrook Hotel Trust

Annual Metrics And Ratios for Pebblebrook Hotel Trust

Quarterly Metrics And Ratios for Pebblebrook Hotel Trust

Key Financial Trends

Frequently Asked Questions About Pebblebrook Hotel Trust's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools