PEBBLEBROOK HOTEL TRUST
Income Statement
| Line Item | FY2017 | FY2016 |
|---|---|---|
| Revenue | $769.3M | $816.4M |
| Cost of Revenue | $468.0M | $483.9M |
| Gross Profit | $301.3M | $332.5M |
| Gross Margin | 39.2% | 40.7% |
| Operating Expenses | ||
| Research & Development | — | — |
| SG&A Expense | $20.1M | $27.9M |
| Operating Income | $135.4M | $180.0M |
| Operating Margin | 17.6% | 22.0% |
| Interest Expense | $37.3M | $43.6M |
| Pretax Income | $100.4M | $73.8M |
| Income Tax Expense | $181.0K | $-134.0K |
| Net Income | $99.9M | $73.7M |
| Net Margin | 13.0% | 9.0% |
| EPS (Basic) | $1.20 | $0.65 |
| EPS (Diluted) | $1.19 | $0.64 |
| Shares Outstanding (Basic) | 69.6M | 71.9M |
| Shares Outstanding (Diluted) | 70.0M | 72.4M |
| Dividends Per Share | — | — |