Filing Flows › RLJ Lodging Trust (RLJ) › Q1 2025
RLJ Lodging Trust (RLJ) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 5, 2025
RLJ Lodging Trust (RLJ) reported revenue of $328M for the first quarter 2025 (Q1 2025), +1% from a year earlier and -0.6% from the quarter before. Operating margin was 1.1%, net earnings $3.2M (1.0% of revenue).
RLJ Lodging Trust, Q1 2025: revenue $328M (+1% year over year), operating margin 1.1%, net earnings $3.2M, operating cash flow $16.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $328M | -0.6% | +1% |
| Operating profit | $3.5M | -43% | -31% |
| Net earnings | $3.2M | -42% | -33% |
| Operating cash flow | $16.3M | -77% | -22% |
What changed
Revenue was $328.1M in Q1 2025, up 1% year over year and down 1% from the previous quarter. Room Revenue was the largest line at 82% of revenue. Food and Beverage Revenue added $1.8M year over year (up 5%), 49% of the total change.
Operating profit was $3.5M, a 1.1% margin (down 0.5 points year over year). Operating profit fell $1.6M even though revenue rose $3.7M versus a year earlier, so costs grew faster than sales. Total costs grew 2% against revenue growth of 1%. Net earnings were $3.4M, down 32% year over year. The effective tax rate was 8.5%.
Operating cash flow was $16.3M (down 22% year over year), 514% of net income including minority interests. Non-cash charges added back $45.8M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items used $37.0M. Capital expenditures of $46.8M exceeded it, leaving free cash flow of −$30.5M.
Questions
What was RLJ Lodging Trust's revenue in the first quarter 2025?
RLJ Lodging Trust (RLJ) reported revenue of $328M for the first quarter 2025 (Q1 2025), +1% from a year earlier and -0.6% from the quarter before.
Was RLJ Lodging Trust profitable in the first quarter 2025?
Operating profit was $3.5M (1.1% of revenue) and net earnings $3.2M.
Source: RLJ Lodging Trust 10-Q on SEC EDGAR.