DiamondRock Hospitality Company (DRH) vs Ryman Hospitality Properties, Inc. (RHP)

DiamondRock Hospitality Company and Ryman Hospitality Properties, Inc. are both Reit Hotel & Motel companies. Ryman Hospitality Properties, Inc. is the larger, with a market value of $8.3B against $2.6B — 3.3× the size. DiamondRock Hospitality Company trades at the lower P/E: 17.1× against 28.2×. Ryman Hospitality Properties, Inc. grew revenue faster over the last twelve months: 12.3% against 1.03%. DiamondRock Hospitality Company has the higher net margin (13.1% vs 9.91%) and the lower return on invested capital (4.62% vs 7.79%). Both pay a dividend; Ryman Hospitality Properties, Inc. yields more (3.16% vs 1.40%). Across the 22 metrics below, DiamondRock Hospitality Company leads on 16 and Ryman Hospitality Properties, Inc. on 6.

Valuation

Metric DRH RHP Reit Hotel & Motel median
P/E 17.14 28.18 25.03
P/S 2.26 2.79 1.53
P/B 1.68 9.69 1.05
Price to free cash flow 13.27 27.91 7.25
EV/EBITDA 11.74 13.12 11.74
EV/Sales 3.10 4.10 2.64
Earnings yield 5.84% 3.55% (0.39%)
Free cash flow yield 7.53% 3.58% 7.53%

Profitability

Metric DRH RHP Reit Hotel & Motel median
Gross margin 37.37% 32.53% 37.37%
Operating margin 16.16% 19.82% 9.53%
Net margin 13.09% 9.91% (0.66%)
Free cash flow margin 17.01% 10.01% 17.01%
Return on equity 9.56% 33.29% 0.53%
Return on assets 4.86% 4.42% (0.26%)
Return on invested capital 4.62% 7.79% 2.16%

Growth

Metric DRH RHP Reit Hotel & Motel median
Revenue growth (TTM) 1.03% 12.25% 1.17%
EPS growth (last fiscal year) 144.44% (13.93%) —
Revenue growth, 5-year CAGR 30.20% 37.49% 24.43%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DRH RHP Reit Hotel & Motel median
Debt to equity 0.72 5.02 0.83
Current ratio 1.87 1.34 1.34
Net debt to EBITDA 3.59 4.47 5.14

Dividend

Metric DRH RHP Reit Hotel & Motel median
Dividend yield 1.40% 3.16% 3.10%
Payout ratio 0.30 0.52 0.48

Size

Metric DRH RHP Reit Hotel & Motel median
Market cap 2.55b 8.32b 1.70b

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