DiamondRock Hospitality Company Gross Margin

Gross Margin of DRH for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.

Highlights and Quick Summary

  • Gross Margin for the quarter ending June 30, 2023 was 40.68% (a 16.33% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin increased by 32.46%
  • Annual Gross Margin for 2022 was 30.43% (a 63.6% increase from previous year)
  • Annual Gross Margin for 2021 was 18.6% (a -201.58% decrease from previous year)
  • Annual Gross Margin for 2020 was -18.31% (a -169.46% decrease from previous year)
  • Twelve month Gross Margin ending June 30, 2023 was 29.89% (a -1.61% decrease compared to previous quarter)
  • Twelve month trailing Gross Margin decreased by -11.02% year-over-year
Trailing Gross Margin for the last four month:
30 Jun '23 31 Mar '23 31 Dec '22 30 Sep '22
29.89% 30.38% 30.43% 33.59%
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Historical Gross Margin of DiamondRock Hospitality Company

Most recent Gross Marginof DRH including historical data for past 10 years.

Interactive Chart of Gross Margin of DiamondRock Hospitality Company

DiamondRock Hospitality Company Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2023 40.68% 34.97% – – –
2022 11.84% 30.71% 42.91% 36.28% 30.43%
2021 21.06% 24.83% 20.72% -6.79% 18.6%
2020 -20.41% -51.97% -161.51% 9.49% -18.31%
2019 23.52% 27.07% 32.06% 21.61% 26.36%
2018 29.05% 29.51% 29.33% 23.24% 28.02%
2017 30.86% 30.26% 34.15% 26.59% 30.66%
2016 30.82% 31.6% 35.01% 26.02% 31.07%
2015 30.23% 30.62% 34.43% 24.98% 30.28%
2014 29.19% 30.76% 31.86% 20.89% 28.5%
2013 25.73% 25.23% 29.02% 20.16% 25.28%
2012 28.45% – – – 25.86%

Business Profile of DiamondRock Hospitality Company

Sector: Real Estate
Industry: Reit Hotel & Motel
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