Pebblebrook Hotel Trust
NYSE:PEB
Income Statement
Earnings Waterfall
Pebblebrook Hotel Trust
Revenue
|
1.4B
USD
|
Cost of Revenue
|
-941.1m
USD
|
Gross Profit
|
478.9m
USD
|
Operating Expenses
|
-410m
USD
|
Operating Income
|
68.8m
USD
|
Other Expenses
|
-182.2m
USD
|
Net Income
|
-113.3m
USD
|
Income Statement
Pebblebrook Hotel Trust
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
489
N/A
|
510
+4%
|
531
+4%
|
570
+7%
|
599
+5%
|
637
+6%
|
687
+8%
|
733
+7%
|
771
+5%
|
804
+4%
|
818
+2%
|
811
-1%
|
816
+1%
|
802
-2%
|
796
-1%
|
789
-1%
|
769
-2%
|
768
0%
|
769
+0%
|
773
+0%
|
829
+7%
|
1 015
+22%
|
1 250
+23%
|
1 469
+17%
|
1 612
+10%
|
1 514
-6%
|
1 095
-28%
|
748
-32%
|
443
-41%
|
257
-42%
|
398
+55%
|
560
+41%
|
733
+31%
|
907
+24%
|
1 400
+54%
|
1 578
+13%
|
1 392
-12%
|
1 698
+22%
|
1 426
-16%
|
1 405
-1%
|
1 420
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(324)
|
(334)
|
(343)
|
(359)
|
(374)
|
(397)
|
(423)
|
(447)
|
(468)
|
(483)
|
(489)
|
(483)
|
(484)
|
(476)
|
(475)
|
(475)
|
(468)
|
(468)
|
(467)
|
(469)
|
(512)
|
(635)
|
(766)
|
(893)
|
(974)
|
(939)
|
(729)
|
(552)
|
(379)
|
(251)
|
(317)
|
(394)
|
(497)
|
(598)
|
(894)
|
(997)
|
(883)
|
(1 098)
|
(941)
|
(939)
|
(941)
|
|
Gross Profit |
165
N/A
|
176
+7%
|
189
+7%
|
211
+12%
|
225
+7%
|
240
+7%
|
264
+10%
|
287
+9%
|
303
+6%
|
321
+6%
|
329
+3%
|
328
0%
|
333
+1%
|
326
-2%
|
321
-2%
|
313
-2%
|
301
-4%
|
301
0%
|
302
+1%
|
303
+0%
|
317
+4%
|
380
+20%
|
485
+28%
|
575
+19%
|
638
+11%
|
575
-10%
|
366
-36%
|
196
-46%
|
64
-68%
|
7
-89%
|
81
+1 089%
|
166
+105%
|
236
+43%
|
309
+31%
|
506
+64%
|
580
+15%
|
508
-12%
|
600
+18%
|
485
-19%
|
466
-4%
|
479
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(104)
|
(110)
|
(115)
|
(123)
|
(132)
|
(141)
|
(153)
|
(164)
|
(170)
|
(175)
|
(177)
|
(177)
|
(181)
|
(183)
|
(183)
|
(179)
|
(175)
|
(168)
|
(169)
|
(174)
|
(185)
|
(240)
|
(287)
|
(351)
|
(394)
|
(408)
|
(406)
|
(388)
|
(384)
|
(368)
|
(370)
|
(369)
|
(374)
|
(382)
|
(490)
|
(504)
|
(405)
|
(502)
|
(399)
|
(401)
|
(410)
|
|
Selling, General & Administrative |
(48)
|
(52)
|
(54)
|
(58)
|
(63)
|
(68)
|
(70)
|
(74)
|
(75)
|
(75)
|
(77)
|
(75)
|
(78)
|
(79)
|
(79)
|
(75)
|
(73)
|
(67)
|
(70)
|
(75)
|
(77)
|
(102)
|
(121)
|
(139)
|
(159)
|
(171)
|
(167)
|
(163)
|
(160)
|
(144)
|
(147)
|
(147)
|
(150)
|
(154)
|
(197)
|
(207)
|
(165)
|
(204)
|
(162)
|
(162)
|
(169)
|
|
Depreciation & Amortization |
(56)
|
(58)
|
(61)
|
(64)
|
(68)
|
(74)
|
(82)
|
(90)
|
(96)
|
(100)
|
(101)
|
(101)
|
(102)
|
(104)
|
(104)
|
(104)
|
(102)
|
(101)
|
(100)
|
(99)
|
(109)
|
(138)
|
(167)
|
(212)
|
(235)
|
(236)
|
(239)
|
(226)
|
(225)
|
(224)
|
(223)
|
(222)
|
(224)
|
(228)
|
(293)
|
(297)
|
(240)
|
(298)
|
(237)
|
(239)
|
(241)
|
|
Operating Income |
61
N/A
|
66
+8%
|
74
+12%
|
88
+19%
|
93
+6%
|
99
+6%
|
112
+13%
|
123
+10%
|
132
+7%
|
146
+11%
|
152
+4%
|
152
0%
|
152
+0%
|
143
-6%
|
138
-4%
|
134
-3%
|
127
-6%
|
133
+5%
|
133
+1%
|
129
-3%
|
132
+2%
|
141
+7%
|
198
+41%
|
224
+14%
|
244
+9%
|
168
-31%
|
(40)
N/A
|
(192)
-385%
|
(321)
-67%
|
(361)
-13%
|
(289)
+20%
|
(204)
+30%
|
(138)
+32%
|
(72)
+47%
|
16
N/A
|
76
+379%
|
104
+36%
|
98
-6%
|
87
-11%
|
65
-25%
|
69
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(13)
|
(14)
|
(14)
|
(14)
|
(15)
|
(18)
|
(22)
|
(26)
|
(30)
|
(33)
|
(37)
|
(100)
|
(107)
|
(101)
|
(101)
|
(39)
|
(37)
|
(38)
|
(39)
|
(43)
|
(54)
|
(73)
|
(91)
|
(105)
|
(109)
|
(103)
|
(98)
|
(99)
|
(104)
|
(106)
|
(107)
|
(102)
|
(97)
|
(94)
|
(115)
|
(117)
|
(100)
|
(127)
|
(111)
|
(117)
|
(116)
|
|
Non-Reccuring Items |
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(6)
|
(5)
|
(5)
|
(5)
|
40
|
28
|
28
|
27
|
2
|
11
|
9
|
14
|
7
|
10
|
(65)
|
(75)
|
(85)
|
(91)
|
(15)
|
87
|
87
|
82
|
28
|
(83)
|
(17)
|
(6)
|
48
|
1
|
(139)
|
(147)
|
(89)
|
(78)
|
34
|
(23)
|
(31)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(0)
|
0
|
2
|
2
|
1
|
2
|
5
|
28
|
31
|
2
|
(1)
|
(23)
|
(27)
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
4
|
|
Pre-Tax Income |
45
N/A
|
49
+10%
|
58
+17%
|
72
+24%
|
77
+7%
|
79
+3%
|
84
+6%
|
92
+9%
|
98
+7%
|
107
+10%
|
153
+43%
|
79
-48%
|
74
-7%
|
72
-2%
|
41
-43%
|
107
+163%
|
100
-6%
|
113
+13%
|
129
+14%
|
128
0%
|
15
-88%
|
(8)
N/A
|
(2)
+77%
|
1
N/A
|
121
+13 333%
|
152
+25%
|
(50)
N/A
|
(209)
-318%
|
(396)
-89%
|
(549)
-39%
|
(413)
+25%
|
(312)
+25%
|
(186)
+40%
|
(165)
+11%
|
(238)
-44%
|
(187)
+21%
|
(85)
+55%
|
(107)
-26%
|
11
N/A
|
(72)
N/A
|
(74)
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(4)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
0
|
(0)
|
(3)
|
(4)
|
(4)
|
(2)
|
3
|
(1)
|
(4)
|
(5)
|
1
|
11
|
9
|
4
|
(7)
|
(11)
|
(5)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
|
Income from Continuing Operations |
43
|
48
|
56
|
68
|
74
|
77
|
80
|
88
|
95
|
104
|
152
|
79
|
74
|
71
|
41
|
107
|
100
|
111
|
125
|
125
|
13
|
(5)
|
(3)
|
(3)
|
116
|
152
|
(39)
|
(200)
|
(393)
|
(556)
|
(424)
|
(317)
|
(186)
|
(165)
|
(238)
|
(188)
|
(85)
|
(107)
|
11
|
(72)
|
(74)
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
1
|
1
|
2
|
2
|
1
|
2
|
1
|
1
|
(0)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
|
Net Income (Common) |
20
N/A
|
23
+15%
|
30
+35%
|
43
+40%
|
47
+11%
|
50
+5%
|
53
+7%
|
61
+15%
|
68
+11%
|
74
+9%
|
124
+67%
|
49
-61%
|
47
-3%
|
50
+7%
|
20
-60%
|
90
+352%
|
84
-7%
|
94
+12%
|
109
+15%
|
108
-1%
|
(4)
N/A
|
(27)
-559%
|
(29)
-6%
|
(33)
-14%
|
83
N/A
|
119
+44%
|
(72)
N/A
|
(232)
-223%
|
(424)
-83%
|
(587)
-38%
|
(457)
+22%
|
(362)
+21%
|
(235)
+35%
|
(217)
+8%
|
(303)
-39%
|
(245)
+19%
|
(124)
+49%
|
(158)
-27%
|
(30)
+81%
|
(112)
-269%
|
(113)
-1%
|
|
EPS (Diluted) |
0.32
N/A
|
0.37
+16%
|
0.46
+24%
|
0.67
+46%
|
0.71
+6%
|
0.68
-4%
|
0.72
+6%
|
0.85
+18%
|
0.94
+11%
|
1.03
+10%
|
1.72
+67%
|
0.68
-60%
|
0.65
-4%
|
0.7
+8%
|
0.3
-57%
|
1.29
+330%
|
1.2
-7%
|
1.36
+13%
|
1.57
+15%
|
1.56
-1%
|
-0.05
N/A
|
-0.2
-300%
|
-0.21
-5%
|
-0.25
-19%
|
0.63
N/A
|
0.92
+46%
|
-0.54
N/A
|
-1.77
-228%
|
-3.25
-84%
|
-4.49
-38%
|
-3.5
+22%
|
-2.77
+21%
|
-1.8
+35%
|
-1.66
+8%
|
-2.31
-39%
|
-1.87
+19%
|
-0.95
+49%
|
-1.25
-32%
|
-0.2
+84%
|
-0.93
-365%
|
-0.93
N/A
|