Owns premium-branded, focused-service and compact full-service hotels across major US markets, run by third-party operators.
Owns premium-branded, focused-service and compact full-service hotels across major US markets, run by third-party operators.
Takes the full revenue from rooms, food and events at its hotels, hires brand-affiliated managers for a fee, and bears the property costs, so profit swings with occupancy more than a franchise fee would. The 2017 merger with FelCor Lodging Trust enlarged its portfolio.
Moat: none (scale). No operating moat; results track lodging demand cycles and brand-operator execution.
Headquarters: Bethesda, Maryland, US · Founded: 2011 · Employees: 75
Size RLJ Lodging Trust (RLJ) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $1.92B, the 1821st largest of 3,117 United States companies the cockpit tracks. Shares closed at $12.54 on 6 Nov 2026.
Performance Over six months the shares gained 40.1%, against -10.2% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 1.1% over the last twelve months (peer median +7.9%); the operating margin is 9.5% (peer median 46.9%).
Valuation It trades at 700.2× forward earnings against a peer median of 18.6× (most expensive of 21).
Short interest Short interest is 7.1% of the free float (15 Oct 2026).
Next results Next results expected around 1 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.38B | $1.35B | $1.37B | $1.33B | $1.19B |
| Revenue growth | — | -1% | +3% | +11% | — |
| Gross profit | $183M | $175M | $205M | $212M | $177M |
| EBITDA | $320M | $312M | $328M | $330M | $306M |
| Net income | $27.6M | $28.5M | $68.0M | $76.4M | $41.9M |
| Free cash flow | $174M | $117M | $149M | $183M | $132M |
| Capital expenditure | $93.5M | $126M | $136M | $132M | $124M |
| Total debt | $2.81B | $2.32B | $2.34B | $2.34B | $2.33B |
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 | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| RLJ Lodging Trust RLJ | $1.92B | +40% | +1% | 10% | 700.2× | n/a |
| DiamondRock Hospitality DRH | $2.88B | +30% | +2% | 17% | 21.5× | n/a |
| Sunstone Hotel Investors SHO | $2.33B | +19% | +7% | 10% | 59.0× | n/a |
| Xenia Hotels & Resorts XHR | $1.97B | +26% | +4% | 8% | 36.9× | n/a |
| Pebblebrook Hotel Trust PEB | $2.36B | +43% | +3% | 9% | n/a | n/a |
| Host Hotels & Resorts HST | $16.9B | +15% | +5% | 14% | 23.2× | n/a |
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 | RLJ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +12.0% | +1.9% | 5th highest of 21 |
| 6-month return | +40.1% | -10.2% | highest of 21 |
| Distance from 52-week high | -3.1% | -18.4% | 3rd highest of 21 |
| Revenue growth (TTM) | +1.1% | +7.9% | 5th lowest of 21 |
| Operating margin | 9.5% | 46.9% | 2nd lowest of 20 |
| Forward P/E | 700.2× | 18.6× | most expensive of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| RLJ Lodging Trust RLJ | United States | $1.92B | +40% | +1% | 10% | 700.2× | n/a | n/a |
| Getty Realty GTY | United States | $1.92B | -14% | +11% | 59% | 20.1× | n/a | n/a |
| Activia Properties 3279.T | Japan | $1.90B | -10% | +24% | 47% | 18.1× | n/a | n/a |
| Great Portland Estates GPE.L | United Kingdom | $1.90B | +17% | +24% | 21% | 34.7× | n/a | n/a |
| Region RGN.AX | Australia | $1.89B | +6% | +30% | 45% | 14.4× | n/a | n/a |
| ARMOUR Residential REIT ARR | United States | $1.87B | -29% | -140% | n/a | 4.5× | n/a | n/a |
| Xenia Hotels & Resorts XHR | United States | $1.97B | +26% | +4% | 8% | 36.9× | n/a | n/a |
| Blackstone Mortgage Trust BXMT | United States | $1.85B | -42% | -2% | 36% | 9.2× | n/a | n/a |
| Mitsui Fudosan Logistics Park 3471.T | Japan | $2.00B | -13% | +156% | 28% | 23.1× | n/a | n/a |
| BWP Trust BWP.AX | Australia | $2.01B | -2% | +2% | 87% | 19.2× | n/a | n/a |
| Aroundtown AT1.DE | Germany | $2.04B | -32% | +1% | 60% | 5.9× | n/a | n/a |
| H&R Real Estate Investment Trust HR-UN.TO | Canada | $1.80B | -10% | -6% | 60% | 17.0× | n/a | n/a |
| Parkway Life Real Estate Investment Trust C2PU.SI | Singapore | $2.05B | 0% | +3% | 82% | 22.2× | n/a | n/a |
| Champion Real Estate Investment Trust 2778.HK | Hong Kong | $1.80B | -8% | -8% | 61% | 19.7× | n/a | n/a |
| Industrial & Infrastructure Fund Investment 3249.T | Japan | $2.07B | -12% | +36% | 37% | 16.8× | n/a | n/a |
| Charter Hall Long WALE REIT CLW.AX | Australia | $1.78B | +4% | +40% | 56% | 14.0× | n/a | n/a |
| Sekisui House Reit 3309.T | Japan | $1.78B | -23% | +5% | 20% | 13.9× | n/a | n/a |
| Mitsui Fudosan Accommodations Fund 3226.T | Japan | $1.75B | -16% | +18% | 47% | 21.6× | n/a | n/a |
| Primaris Real Estate Investment Trust PMZ-UN.TO | Canada | $2.11B | +21% | +18% | 38% | 26.6× | n/a | n/a |
| Daiwa Office Investment 8976.T | Japan | $1.74B | -12% | +24% | 44% | 19.2× | n/a | n/a |
| Eurocommercial Properties ECMPA.AS | Netherlands | $1.72B | -7% | +1% | 75% | 10.3× | n/a | n/a |