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Braemar Hotels & Resorts BHR Business Segments — Lease expense

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$37.56M-11.3%

Other financials

Income statement

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Revenue$209.0M-3.2%
Gross profit$79.1M-1.2%
Operating income$39.6M+7.8%
Net income$17.7M+61.0%
EPS (diluted)$0.07+275%

Balance sheet

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Cash & equivalents$148.7M+9.2%
Total debt$1.1B-7.9%
Total equity$147.0M-38.5%
Total assets$1.8B-11.8%

Cash flow

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Operating cash flow$21.9M+44.9%
CapEx$12.1M-21.1%
Free cash flow$9.9M+6,313%

Valuation

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Market cap$156.59M-11.9%
Enterprise value$1.13B-10.9%
P/S0.2×0.0×

Profitability

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Gross margin30.2%-0.6pp
Operating margin12.4%-5.5pp
Net margin-2.2%-7.2pp
FCF margin-3.9%+8.7pp

Returns & leverage

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Return on equity-8.1%-14.1pp
Debt / equity7.7×+2.5×

Where this comes from

Reported directly by Braemar Hotels & Resorts in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseExpense.

The official record: Braemar Hotels & Resorts’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Braemar Hotels & Resorts's business segments — lease expense?
Braemar Hotels & Resorts (BHR) reported business segments — lease expense of $543K in Q1 2026.
How has Braemar Hotels & Resorts's business segments — lease expense changed year-over-year?
Braemar Hotels & Resorts's business segments — lease expense decreased by 2.0% year-over-year, from $554K to $543K.
What is the long-term trend for Braemar Hotels & Resorts's business segments — lease expense?
Over 3 years (2022 to 2025), Braemar Hotels & Resorts's business segments — lease expense has grown at a -27.8% compound annual growth rate (CAGR), from $6.19M to $2.33M.
What does business segments — lease expense mean?
Reflects the contractual rental payments made for leased land or facilities associated with the hotel investment segment. This metric highlights the fixed cost obligations related to the occupancy and control of property assets.