Ryman Hospitality Properties, Inc.

RHP Real Estate Reit Hotel & Motel

Ryman Hospitality Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.6 billion, up 10.2% from fiscal 2024.

Revenue
+13.6%
EPS
+25.6%
Free cash flow
−52.5%
Total debt
−0.14%

Quarter to June 2026, against a year earlier

134.69 1.51 +1.13%
Market cap
$9.1B
P/E
31.3×
Fwd P/E
33.6×
Dividend yield
3.56%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Ryman Hospitality Properties, Inc. (RHP) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Hospitality 2,143 83.16%
Entertainment 434 16.84%
Gross margin 31.51%
Operating margin 18.90%
Pre-tax margin 9.88%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Hospitality 2,143 1,997 1,833 1,538 787 466 1,421 1,128 1,060 1,040 995 954 879 916 887 723
Entertainment 434 342 325 268 153 58 183 147 125 110 98 87 76 71 66 47
Corporate and Other — — — — — — — — — — — — — — — 0
Revenue 2,577 2,339 2,158 1,806 939 524 1,605 1,275 1,185 1,149 1,092 1,041 955 987 952 770

Operating income by segment $m, and margin

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Average daily rate for future bookings Q2 FY2026 $310.00 $285.00 +8.77%
Gaylord Opryland average daily rate (ADR) Q2 FY2026 $266.96 $246.17 +8.45%
Gaylord Opryland occupancy Q2 FY2026 74.2% 75.2% —
Gaylord Opryland OtherPAR Q1 FY2026 $300.34 $253.40 +18.52%
Gaylord Opryland RevPAR Q2 FY2026 $198.18 $185.19 +7.01%
Group attrition (as % of contracted block) Q2 FY2026 14.6% 15.2% —
Hospitality average daily rate (ADR) Q2 FY2026 $284.05 $258.88 +9.72%
Hospitality occupancy Q2 FY2026 72.7% 73.3% —
Hospitality OtherPAR Q2 FY2026 $331.16 $297.85 +11.18%
Hospitality RevPAR Q2 FY2026 $206.52 $189.77 +8.83%
Hospitality total RevPAR Q2 FY2026 $537.69 $487.62 +10.27%
Same-store cancellations ITYFTY Q2 FY2026 17.5K 17.3K +1.32%
Same-store gross definite rooms nights booked Q2 FY2026 768.7K 720.6K +6.67%
Same-store Hospitality average daily rate (ADR) Q2 FY2026 $277.19 $259.19 +6.94%
Same-store Hospitality occupancy Q2 FY2026 72.8% 74.0% —
Same-store Hospitality OtherPAR Q2 FY2026 $322.38 $300.14 +7.41%
Same-store Hospitality RevPAR Q2 FY2026 $201.67 $191.70 +5.20%
Same-store Hospitality total RevPAR Q2 FY2026 $524.05 $491.84 +6.55%
Same-store net definite rooms nights booked Q2 FY2026 589.9K 539.9K +9.27%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.