DiamondRock Hospitality Company

DiamondRock Hospitality Companyverified

DRH

Price:

$8.39

Market Cap:

$1.76B

DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Company owns 31 premium quality hotels with over 10,000 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment.[Read more]

Industry

REIT - Hotel & Motel

IPO Date

2005-05-26

Stock Exchange

NYSE

Ticker

DRH

The Current Ratio as of July 2024 (TTM) for DiamondRock Hospitality Company (DRH) is 1.06

According to DiamondRock Hospitality Company’s latest financial reports and current stock price. The company's current Current Ratio is 1.06. This represents a change of -2.10% compared to the average of 1.09 of the last 4 quarters.

DiamondRock Hospitality Company (DRH) Historical Current Ratio (quarterly & annually)

How has DRH Current Ratio performed in the past?

The mean historical Current Ratio of DiamondRock Hospitality Company over the last ten years is 0.99. The current 1.06 Current Ratio has changed 10.68% with respect to the historical average. Over the past ten years (40 quarters), DRH's Current Ratio was at its highest in in the September 2022 quarter at 2.00. The Current Ratio was at its lowest in in the December 2018 quarter at 0.57.

Quarterly (TTM)
Annual

Average

0.99

Median

1.00

Minimum

0.57

Maximum

1.30

DiamondRock Hospitality Company (DRH) Current Ratio by Quarter and Year

Discovering the peaks and valleys of DiamondRock Hospitality Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 68.40%

Maximum Annual Current Ratio = 1.30

Minimum Annual Increase = -50.44%

Minimum Annual Current Ratio = 0.57

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.0415.30%
20220.9051.38%
20210.60-29.80%
20200.85-12.25%
20190.9768.40%
20180.57-50.44%
20171.16-10.61%
20161.301.70%
20151.285.53%
20141.21-23.13%

DiamondRock Hospitality Company (DRH) Average Current Ratio

How has DRH Current Ratio performed in the past?

The current Current Ratio of DiamondRock Hospitality Company (DRH) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.85

5-year avg

0.87

10-year avg

0.99

DiamondRock Hospitality Company (DRH) Current Ratio vs. Peers

How is DRH’s Current Ratio compared to its peers?

DiamondRock Hospitality Company’s Current Ratio is less than Summit Hotel Properties, Inc. (2.04), less than RLJ Lodging Trust (1.99), greater than Pebblebrook Hotel Trust (0.30), greater than Sunstone Hotel Investors, Inc. (0.82), less than RLJ Lodging Trust (1.99), less than Ryman Hospitality Properties, Inc. (1.59), less than Hersha Hospitality Trust (3.46), less than Chatham Lodging Trust (0), less than Xenia Hotels & Resorts, Inc. (2.74), less than null (2.00),

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