Filing Flows › Chatham Lodging Trust (CLDT) › Q1 2025
Chatham Lodging Trust (CLDT) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Chatham Lodging Trust (CLDT) reported revenue of $68.6M for the first quarter 2025 (Q1 2025), +0.3% from a year earlier and -9% from the quarter before. Operating margin was 12.1%, net earnings $1.5M (2.2% of revenue).
Chatham Lodging Trust, Q1 2025: revenue $68.6M (+0.3% year over year), operating margin 12.1%, net earnings $1.5M, operating cash flow $4.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $68.6M | -9% | +0.3% |
| Operating profit | $8.3M | +47% | +750% |
| Net earnings | $1.5M | — | — |
| Operating cash flow | $4.2M | -68% | -39% |
| Free cash flow | $1.1M | -85% | -81% |
What changed
Revenue was $68.6M in Q1 2025, roughly flat year over year and down 9% from the previous quarter.
Operating profit was $8.3M, a 12.1% margin (up 10.7 points year over year). Of the extra revenue versus a year earlier, 3818% reached operating profit, above the 1% margin then. Total costs fell 11% while revenue was flat. The fastest-growing cost line was Other operating costs (+165%). Net earnings were $1.5M. The effective tax rate was 0.0%.
Operating cash flow was $4.2M (down 39% year over year), 276% of net earnings. Non-cash charges added back $15.0M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $14.0M. Capital expenditures of $3.1M left free cash flow of $1.1M.
Questions
What was Chatham Lodging Trust's revenue in the first quarter 2025?
Chatham Lodging Trust (CLDT) reported revenue of $68.6M for the first quarter 2025 (Q1 2025), +0.3% from a year earlier and -9% from the quarter before.
Was Chatham Lodging Trust profitable in the first quarter 2025?
Operating profit was $8.3M (12.1% of revenue) and net earnings $1.5M.