BRAEMAR HOTELS & RESORTS INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Revenue | $414.1M | $405.9M | $349.5M | $307.3M | $233.5M | $221.2M |
| Cost of Revenue | $271.6M | $262.6M | — | — | — | — |
| Gross Profit | $142.5M | $143.3M | — | — | — | — |
| Gross Margin | 34.4% | 35.3% | — | — | — | — |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $8.1M | $14.3M | $5.1M | $3.2M | $11.5M | $10.8M |
| Operating Income | $62.6M | $73.5M | $46.0M | $43.8M | $19.4M | $31.8M |
| Operating Margin | 15.1% | 18.1% | 13.2% | 14.2% | 8.3% | 14.4% |
| Interest Expense | $38.9M | $40.9M | $37.8M | $39.0M | $33.0M | $31.2M |
| Pretax Income | $27.8M | $25.9M | $-4.4M | $4.6M | $-15.6M | $591.0K |
| Income Tax Expense | $-522.0K | $1.6M | $263.0K | $1.1M | $2.3M | $4.4M |
| Net Income | $23.0M | $19.3M | $-6.7M | $1.9M | $-11.8M | $-4.5M |
| Net Margin | 5.6% | 4.8% | -1.9% | 0.6% | -5.0% | -2.1% |
| EPS (Basic) | $0.52 | $0.57 | $-0.34 | $0.08 | $-0.37 | $-0.14 |
| EPS (Diluted) | $0.51 | $0.55 | $-0.34 | $0.07 | $-0.37 | $-0.14 |
| Shares Outstanding (Basic) | 30.5M | 26.6M | 25.9M | 24.5M | 32.1M | 32.1M |
| Shares Outstanding (Diluted) | 34.7M | 31.2M | 25.9M | 33.3M | 32.1M | 32.1M |
| Dividends Per Share | $0.64 | $0.46 | $0.35 | $0.20 | $0.03 | $0.00 |