Pebblebrook Hotel Trust
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $397.1M | $314.1M | $334.1M | $395.8M | $384.3M | $305.7M | $319.6M | $416.7M |
| Cost of Revenue | $247.7M | $216.1M | $231.0M | $249.8M | $246.0M | $214.3M | $229.2M | $251.5M |
| Gross Profit | $149.5M | $98.0M | $103.1M | $146.0M | $138.3M | $91.4M | $90.4M | $165.2M |
| Gross Margin | 37.6% | 31.2% | 30.9% | 36.9% | 36.0% | 29.9% | 28.3% | 39.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $11.9M | $12.2M | $12.1M | $11.5M | $11.2M | $10.0M | $9.5M | $10.3M |
| Operating Income | $61.0M | $-1.4M | $-16.2M | $-26.0M | $74.8M | $5.2M | $-11.8M | $52.2M |
| Operating Margin | 15.4% | -0.4% | -4.8% | -6.6% | 19.5% | 1.7% | -3.7% | 12.5% |
| Interest Expense | — | $26.4M | $27.7M | $31.0M | $29.5M | $27.4M | $29.2M | $25.0M |
| Pretax Income | $33.2M | $-27.5M | $-42.1M | $-55.7M | $46.2M | $-22.0M | $-40.6M | $27.3M |
| Income Tax Expense | $1.0M | $46.0K | $-198.0K | $822.0K | $31.0K | $0 | $-738.0K | $1.0M |
| Net Income | $30.9M | $-28.4M | $-42.7M | $-57.1M | $44.7M | $-22.9M | $-40.7M | $25.1M |
| Net Margin | 7.8% | -9.0% | -12.8% | -14.4% | 11.6% | -7.5% | -12.7% | 6.0% |
| EPS (Basic) | $0.17 | $-0.32 | $-0.36 | $-0.57 | $0.27 | $-0.27 | $-0.33 | $0.10 |
| EPS (Diluted) | $0.16 | $-0.32 | $-0.33 | $-0.57 | $0.24 | $-0.27 | $-0.32 | $0.10 |
| Shares Outstanding (Basic) | 120.1M | 120.1M | 121.8M | 120.1M | 121.7M | 125.5M | 130.5M | 130.9M |
| Shares Outstanding (Diluted) | 149.7M | 120.1M | 121.8M | 120.1M | 151.2M | 125.5M | 130.5M | 131.1M |
| Dividends Per Share | $0.01 | $0.01 | — | — | — | — | — | — |