Braemar Hotels & Resorts Inc. (BHR.PB) stock
BHR.PBNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as BHR, BHR.PD
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 8/3089% below fair value
$12.24+0.23 (+1.92%)
Close on Nov 3, 2026Market cap $101.65MP/E –Yield 13.51%
Braemar Hotels & Resorts gross margin
Gross margin is gross profit as a percentage of revenue.
Braemar Hotels & Resorts's gross margin for the twelve months ending Jun 30, 2026 was 30.6%. For fiscal 2025 it was 30.1%, against 31.1% the year before. The highest annual figure on record is 36.8% in fiscal 2018.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 30.1% | −1.0 |
| FY2024 | Dec 31, 2024 | 31.1% | −1.1 |
| FY2023 | Dec 31, 2023 | 32.2% | −1.3 |
| FY2022 | Dec 31, 2022 | 33.5% | +0.6 |
| FY2021 | Dec 31, 2021 | 32.9% | +16.6 |
| FY2020 | Dec 31, 2020 | 16.3% | −17.3 |
| FY2019 | Dec 31, 2019 | 33.6% | −3.2 |
| FY2018 | Dec 31, 2018 | 36.8% | +2.4 |
| FY2017 | Dec 31, 2017 | 34.4% | −0.9 |
| FY2016 | Dec 31, 2016 | 35.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 31.5% | +1.3 |
| Q1 FY2026 | Mar 31, 2026 | 37.9% | +0.7 |
| Q4 FY2025 | Dec 31, 2025 | 27.6% | −1.1 |
| Q3 FY2025 | Sep 30, 2025 | 22.2% | −1.1 |
| Q2 FY2025 | Jun 30, 2025 | 30.2% | −1.4 |
| Q1 FY2025 | Mar 31, 2025 | 37.1% | −0.8 |
| Q4 FY2024 | Dec 31, 2024 | 28.7% | −1.8 |
| Q3 FY2024 | Sep 30, 2024 | 23.4% | −3.8 |
| Q2 FY2024 | Jun 30, 2024 | 31.6% | −1.3 |
| Q1 FY2024 | Mar 31, 2024 | 37.9% | +1.1 |
| Q4 FY2023 | Dec 31, 2023 | 30.5% | +0.8 |
| Q3 FY2023 | Sep 30, 2023 | 27.1% | −3.0 |
| Q2 FY2023 | Jun 30, 2023 | 32.9% | −2.1 |
| Q1 FY2023 | Mar 31, 2023 | 36.8% | −2.3 |
| Q4 FY2022 | Dec 31, 2022 | 29.7% | −3.0 |
| Q3 FY2022 | Sep 30, 2022 | 30.1% | −3.6 |
| Q2 FY2022 | Jun 30, 2022 | 35.0% | +3.2 |
| Q1 FY2022 | Mar 31, 2022 | 39.1% | +5.9 |
| Q4 FY2021 | Dec 31, 2021 | 32.7% | +17.5 |
| Q3 FY2021 | Sep 30, 2021 | 33.7% | +18.2 |
| Q2 FY2021 | Jun 30, 2021 | 31.8% | +91.1 |
| Q1 FY2021 | Mar 31, 2021 | 33.2% | +7.8 |
| Q4 FY2020 | Dec 31, 2020 | 15.3% | −14.7 |
| Q3 FY2020 | Sep 30, 2020 | 15.5% | −17.9 |
| Q2 FY2020 | Jun 30, 2020 | -59.3% | −94.5 |
| Q1 FY2020 | Mar 31, 2020 | 25.3% | −10.5 |
| Q4 FY2019 | Dec 31, 2019 | 30.0% | −1.5 |
| Q3 FY2019 | Sep 30, 2019 | 33.4% | −3.4 |
| Q2 FY2019 | Jun 30, 2019 | 35.3% | −5.1 |
| Q1 FY2019 | Mar 31, 2019 | 35.8% | −1.9 |
| Q4 FY2018 | Dec 31, 2018 | 31.5% | −3.7 |
| Q3 FY2018 | Sep 30, 2018 | 36.8% | +5.7 |
| Q2 FY2018 | Jun 30, 2018 | 40.4% | – |
| Q1 FY2018 | Mar 31, 2018 | 37.7% | – |
| Q4 FY2017 | Dec 31, 2017 | 35.2% | – |
| Q3 FY2017 | Sep 30, 2017 | 31.1% | – |
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