BRAEMAR HOTELS & RESORTS INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | — | 13.2% | -1.9% |
| FY2016 | 35.3% | 18.1% | 4.8% |
| FY2017 | 34.4% | 15.1% | 5.6% |
| FY2018 | 36.8% | 15.3% | 0.3% |
| FY2019 | 33.6% | 13.2% | 0.1% |
| FY2020 | — | -35.2% | -46.4% |
| FY2021 | — | 0.3% | -6.2% |
| FY2022 | — | 10.2% | 2.7% |
| FY2023 | — | 8.3% | -3.7% |
| FY2024 | — | 17.7% | -0.2% |