Owns upper-upscale and luxury hotels in gateway cities and resort markets, managed by major brand operators.
Owns upper-upscale and luxury hotels in gateway cities and resort markets, managed by major brand operators.
As a REIT it owns the hotels and pays operators management fees to run them, keeping the hotel profit after costs, so earnings swing with room rates and occupancy rather than fixed rent. The weight is on city-centre hotels in gateway cities and resort sites.
Moat: none (scale). Property owner only; performance tracks travel cycles and brand-operator execution.
Headquarters: Bethesda, Maryland, US · Founded: 2009 · Employees: 52
Size Pebblebrook Hotel Trust (PEB) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $2.36B, the 1693rd largest of 3,117 United States companies the cockpit tracks. Shares closed at $21.12 on 6 Nov 2026.
Performance Over six months the shares gained 43.5%, against -5.5% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 2.8% over the last twelve months (peer median +5.5%); the operating margin is 8.6% (peer median 38.7%).
Valuation It trades at 1.01× book value against a peer median of 1.32× (7th cheapest of 21).
Price implies The share price implies a return on equity of about 12.2%; Pebblebrook Hotel Trust delivers -2.8%, so the price asks more than the business earns today.
Credit Pebblebrook Hotel Trust has 1 bond outstanding ($350M).
Short interest Short interest is 17.7% of the free float (15 Oct 2026).
Next results Next results expected around 23 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.50B | $1.48B | $1.45B | $1.42B | $1.39B |
| Revenue growth | — | +2% | +2% | +2% | — |
| Gross profit | $179M | $129M | $137M | $114M | $143M |
| EBITDA | $340M | $303M | $313M | $297M | $338M |
| Net income | -$68.6M | -$65.8M | -$4.28M | -$78.1M | -$87.2M |
| Free cash flow | $220M | $152M | $146M | $35.6M | $162M |
| Capital expenditure | $66.9M | $97.4M | $129M | $201M | $117M |
| Total debt | $2.46B | $2.50B | $2.61B | $2.68B | $2.75B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Pebblebrook Hotel Trust PEB | $2.36B | +43% | +3% | -3% | 1.01× | 12.2% |
| Sunstone Hotel Investors SHO | $2.33B | +19% | +7% | 3% | 1.42× | 12.8% |
| DiamondRock Hospitality DRH | $2.88B | +30% | +2% | 11% | 1.86× | 16.4% |
| Xenia Hotels & Resorts XHR | $1.97B | +26% | +4% | 0% | 1.80× | 17.3% |
| RLJ Lodging Trust RLJ | $1.92B | +40% | +1% | 1% | 1.07× | 11.2% |
| Host Hotels & Resorts HST | $16.9B | +15% | +5% | 16% | 2.64× | 22.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PEB | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +11.3% | +5.9% | 4th highest of 21 |
| 6-month return | +43.5% | -5.5% | highest of 21 |
| Return on equity | -2.8% | 4.9% | 2nd lowest of 21 |
| Price / book | 1.01× | 1.32× | 7th cheapest of 21 |
| ROE the price implies | 12.2% | 8.9% | 4th most demanding of 21 |
| ROE delivered | -2.8% | 4.8% | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Pebblebrook Hotel Trust PEB | United States | $2.36B | +43% | +3% | -3% | 1.01× | 12.2% | -2.8% |
| NETSTREIT NTST | United States | $2.37B | -9% | +27% | 1% | 1.18× | 10.0% | 1.3% |
| Japan Prime Realty Investment 8955.T | Japan | $2.37B | -7% | -13% | 7% | 1.31× | 5.2% | 6.8% |
| Sunstone Hotel Investors SHO | United States | $2.33B | +19% | +7% | 3% | 1.42× | 12.8% | 2.7% |
| SmartStop Self Storage REIT SMA | United States | $2.31B | +20% | +21% | 2% | 1.86× | 9.3% | 2.4% |
| Advance Residence Investment 3269.T | Japan | $2.42B | -18% | -4% | 7% | 1.54× | 5.8% | 7.3% |
| InvenTrust Properties IVT | United States | $2.46B | +1% | +13% | 2% | 1.38× | 11.0% | 1.6% |
| Crombie Real Estate Investment Trust CRR-UN.TO | Canada | $2.22B | -3% | +4% | -3% | 1.70× | 11.5% | -3.2% |
| Big Yellow BYG.L | United Kingdom | $2.50B | +11% | +2% | 5% | 0.72× | 8.8% | 4.8% |
| LTC Properties LTC | United States | $2.52B | +14% | +69% | 39% | 1.50× | 9.9% | 38.7% |
| Boardwalk Real Estate Investment Trust BEI-UN.TO | Canada | $2.21B | -5% | +3% | -1% | 0.66× | 6.0% | -1.0% |
| CapitaLand Ascott Trust HMN.SI | Singapore | $2.55B | -6% | +5% | 7% | 0.74× | 4.7% | 6.5% |
| Four Corners Property Trust FCPT | United States | $2.57B | -7% | +10% | 8% | 1.58× | 12.2% | 7.5% |
| Urban Edge Properties UE | United States | $2.58B | -6% | +6% | 8% | 1.95× | 16.9% | 8.0% |
| Dream Industrial Real Estate Investment Trust DIR-UN.TO | Canada | $2.58B | -8% | +6% | 4% | 0.78× | 8.4% | 3.9% |
| Primaris Real Estate Investment Trust PMZ-UN.TO | Canada | $2.11B | +21% | +18% | 5% | 1.08× | 9.1% | 4.6% |
| Industrial & Infrastructure Fund Investment 3249.T | Japan | $2.07B | -12% | +36% | 8% | 1.33× | 6.4% | 8.5% |
| Parkway Life Real Estate Investment Trust C2PU.SI | Singapore | $2.05B | 0% | +3% | 10% | 1.56× | 6.3% | 10.1% |
| Aroundtown AT1.DE | Germany | $2.04B | -32% | +1% | 5% | 0.22× | 4.0% | 4.9% |
| Acadia Realty Trust AKR | United States | $2.74B | -9% | 0% | 2% | 1.17× | 11.8% | 1.6% |
| Frasers Logistics & Commercial Trust BUOU.SI | Singapore | $2.76B | -6% | 0% | 5% | 0.82× | 4.2% | 5.1% |
Pebblebrook Hotel Trust has 1 bond outstanding with $350M face value.