Diamondrock Historical Income Statement
| DRH Stock | USD 8.83 0.06 0.68% |
Historical analysis of Diamondrock Hospitality income statement accounts such as Total Revenue of 760.9 M or Gross Profit of 619.9 M can show how well Diamondrock Hospitality performed in making a profits. Evaluating Diamondrock Hospitality income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Diamondrock Hospitality's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Diamondrock Hospitality latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Diamondrock Hospitality is a good buy for the upcoming year.
Diamondrock |
About Diamondrock Income Statement Analysis
Diamondrock Hospitality Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Diamondrock Hospitality shareholders. The income statement also shows Diamondrock investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Diamondrock Hospitality Income Statement Chart
Diamondrock Hospitality Income Statement is one of the three primary financial statements used for reporting Diamondrock's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Diamondrock Hospitality revenue and expense. Diamondrock Hospitality Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Diamondrock Hospitality's Income Before Tax is decreasing as compared to previous years. The Diamondrock Hospitality's current Net Income is estimated to increase to about 90.7 M, while Depreciation And Amortization is projected to decrease to under 97.1 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Diamondrock Hospitality generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Diamondrock Hospitality. It is also known as Diamondrock Hospitality overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Diamondrock Hospitality income statement and represents the costs associated with goods and services Diamondrock Hospitality provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Diamondrock Hospitality financial statement analysis. It represents the amount of money remaining after all of Diamondrock Hospitality operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Diamondrock Hospitality's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Diamondrock Hospitality current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondrock Hospitality. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.As of now, Diamondrock Hospitality's Income Before Tax is decreasing as compared to previous years. The Diamondrock Hospitality's current Net Income is estimated to increase to about 90.7 M, while Depreciation And Amortization is projected to decrease to under 97.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 164.4M | 196.8M | 440.6M | 462.7M | Cost Of Revenue | 432.8M | 640.6M | 484.5M | 520.0M |
Diamondrock Hospitality income statement Correlations
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Diamondrock Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Diamondrock Hospitality income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 118.1M | 114.7M | 103.0M | 108.8M | 111.3M | 97.1M | |
| Interest Expense | 46.6M | 54.0M | 37.0M | 39.7M | 65.1M | 61.8M | |
| Total Revenue | 938.1M | 299.5M | 567.1M | 1.0B | 1.1B | 760.9M | |
| Gross Profit | 299.7M | (41.1M) | 134.3M | 360.9M | 590.4M | 619.9M | |
| Other Operating Expenses | 837.1M | 496.5M | 597.2M | 837.4M | 925.1M | 683.2M | |
| Operating Income | 102.2M | (196.6M) | (29.1M) | 164.1M | (207.8M) | (197.5M) | |
| Ebit | 102.2M | (196.6M) | (29.1M) | 164.1M | 152.3M | 80.1M | |
| Ebitda | 220.3M | (81.9M) | 73.9M | 273.0M | 263.6M | 177.2M | |
| Cost Of Revenue | 638.4M | 340.6M | 432.8M | 640.6M | 484.5M | 520.0M | |
| Total Operating Expenses | 198.7M | 155.8M | 164.4M | 196.8M | 440.6M | 462.7M | |
| Income Before Tax | 206.2M | (422.5M) | (192.1M) | 112.3M | 87.0M | 91.3M | |
| Total Other Income Expense Net | 104.1M | (225.9M) | (163.0M) | (51.8M) | (294K) | (308.7K) | |
| Net Income | 183.5M | (396.0M) | (195.4M) | 109.3M | 86.3M | 90.7M | |
| Income Tax Expense | 22.0M | (26.5M) | 3.3M | 2.6M | 317K | 301.2K | |
| Selling General Administrative | 53.7M | 31.0M | 42.8M | 55.2M | 32.0M | 47.6M | |
| Net Income Applicable To Common Shares | 183.5M | (397.7M) | (204.4M) | 99.5M | 89.6M | 94.0M | |
| Net Income From Continuing Ops | 184.2M | (396.0M) | (195.4M) | 109.7M | 86.6M | 91.0M | |
| Non Operating Income Net Other | (1.2M) | 391K | 947K | (11.2M) | (10.1M) | (9.6M) | |
| Tax Provision | 22.0M | (26.5M) | 3.3M | 2.6M | 317K | 301.2K | |
| Interest Income | 1.2M | 391K | 36.1M | 39.7M | 2.6M | 2.4M | |
| Minority Interest | 724K | (1.7M) | 821K | (377K) | (295K) | (280.3K) | |
| Net Interest Income | (45.4M) | (53.6M) | (36.1M) | (39.7M) | (62.5M) | (65.6M) | |
| Reconciled Depreciation | 118.3M | 114.9M | 103.0M | 108.8M | 111.3M | 119.5M |
Diamondrock Hospitality Investors Sentiment
The influence of Diamondrock Hospitality's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Diamondrock. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Diamondrock Hospitality's public news can be used to forecast risks associated with an investment in Diamondrock. The trend in average sentiment can be used to explain how an investor holding Diamondrock can time the market purely based on public headlines and social activities around Diamondrock Hospitality. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Diamondrock Hospitality's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Diamondrock Hospitality's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Diamondrock Hospitality's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Diamondrock Hospitality.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Diamondrock Hospitality in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Diamondrock Hospitality's short interest history, or implied volatility extrapolated from Diamondrock Hospitality options trading.
Pair Trading with Diamondrock Hospitality
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Diamondrock Hospitality position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Diamondrock Hospitality will appreciate offsetting losses from the drop in the long position's value.Moving together with Diamondrock Stock
| 0.61 | PK | Park Hotels Resorts Financial Report 6th of May 2024 | PairCorr |
Moving against Diamondrock Stock
| 0.59 | BHR | Braemar Hotel Resorts Earnings Call This Week | PairCorr |
| 0.48 | ELME | Elme Communities | PairCorr |
The ability to find closely correlated positions to Diamondrock Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamondrock Hospitality when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Diamondrock Hospitality - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Diamondrock Hospitality to buy it.
The correlation of Diamondrock Hospitality is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diamondrock Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamondrock Hospitality moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Diamondrock Hospitality can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamondrock Hospitality. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Diamondrock Stock please use our How to Invest in Diamondrock Hospitality guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Diamondrock Stock analysis
When running Diamondrock Hospitality's price analysis, check to measure Diamondrock Hospitality's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamondrock Hospitality is operating at the current time. Most of Diamondrock Hospitality's value examination focuses on studying past and present price action to predict the probability of Diamondrock Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamondrock Hospitality's price. Additionally, you may evaluate how the addition of Diamondrock Hospitality to your portfolios can decrease your overall portfolio volatility.
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Is Diamondrock Hospitality's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondrock Hospitality. If investors know Diamondrock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondrock Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Dividend Share 0.12 | Earnings Share 0.36 | Revenue Per Share 5.082 | Quarterly Revenue Growth 0.033 |
The market value of Diamondrock Hospitality is measured differently than its book value, which is the value of Diamondrock that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondrock Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Diamondrock Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondrock Hospitality's market value can be influenced by many factors that don't directly affect Diamondrock Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondrock Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondrock Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondrock Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.