RLJ LODGING TRUST
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $28.5M | $68.0M | $76.4M | $41.9M | $-305.2M | $-404.4M | $127.8M | $188.6M |
| Depreciation & Amortization | $186.4M | $179.4M | $179.1M | $184.9M | $187.8M | $194.2M | $211.6M | $241.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | $1.1M | $10.2M |
| Stock-Based Compensation | $15.3M | $20.8M | $24.3M | $21.7M | $17.1M | $12.4M | $11.5M | $12.3M |
| Net Cash from Operating Activities | $243.8M | $285.4M | $315.1M | $256.5M | $43.0M | $-168.7M | $397.3M | $394.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | $279.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-57.4M | $-275.7M | $-134.7M | $-135.5M | $-24.6M | $-66.7M | $530.4M | $277.1M |
| Financing Activities | ||||||||
| Dividends Paid | $91.4M | $69.8M | $49.2M | $13.3M | $6.7M | $61.0M | $228.3M | $231.2M |
| Stock Repurchases | $28.6M | $22.0M | $76.0M | $57.6M | $0 | $62.6M | $77.8M | $21.8M |
| Net Cash from Financing Activities | $-177.7M | $-131.7M | $-161.5M | $-298.5M | $-239.3M | $243.0M | $-385.4M | $-946.2M |
| Net Change in Cash | $8.7M | $-122.0M | $18.9M | $-177.5M | $-220.9M | $7.6M | $542.3M | $-274.2M |
| Free Cash Flow | — | — | — | — | — | — | — | $394.6M |