Pebblebrook Hotel Trust PEB
Pebblebrook Hotel Trust is an internally managed hotel real estate investment trust that owned interests in 44 hotels with a total of 11,052 guest rooms as of December 31, 2025. The company invests primarily in upper-upscale, full-service hotel properties located in major United States cities and resort properties near those markets, with emphasis on gateway coastal markets including Boston, Chicago, Los Angeles, San Francisco, Washington D.C., and other major urban and leisure destinations. Pebblebrook owns and leases these hotels to its taxable REIT subsidiary, which engages third-party independent contractors to operate them. The company also owns a majority equity interest in Curator Hotel Resort Collection, a collection of small brands and independent lifestyle hotels and resorts.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-25 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model PEB yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $1.48B | $-65.81M | $227.66M | $275.05M | $249.73M |
| 2024 | $1.45B | $-4.24M | $229.53M | $306.40M | $275.00M |
| 2023 | $1.42B | $-78.02M | $240.65M | $274.58M | $236.20M |
| 2022 | $1.39B | $-87.17M | $239.58M | $238.40M | $278.75M |
| 2021 | $733.04M | $-184.86M | $224.25M | $124.83M | $70.77M |
| 2020 | $442.89M | $-391.73M | $224.56M | $-74.93M | $-201.78M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-15 | $0.01 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-03-16 | $0.01 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-12-15 | $0.01 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-15 | $0.01 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-06-16 | $0.01 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-14 | $0.01 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-16 | $0.01 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-09-16 | $0.01 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-06-14 | $0.01 | Quarterly |
| 2024-03-27 | 2024-03-29 | 2024-04-15 | 2024-03-15 | $0.01 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-16 | 2023-12-15 | $0.01 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-16 | 2023-09-15 | $0.01 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-17 | 2023-06-15 | $0.01 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-17 | 2023-03-15 | $0.01 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-17 | 2022-12-15 | $0.01 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-17 | 2022-09-15 | $0.01 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-06-15 | $0.01 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-15 | 2022-03-15 | $0.01 | Quarterly |
| 2021-12-30 | 2021-12-31 | 2022-01-18 | 2021-12-15 | $0.01 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-15 | 2021-09-15 | $0.01 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-15 | 2021-06-15 | $0.01 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-15 | 2021-03-15 | $0.01 | Quarterly |
| 2020-12-30 | 2020-12-31 | 2021-01-15 | 2020-12-15 | $0.01 | Quarterly |
| 2020-09-29 | 2020-09-30 | 2020-10-15 | 2020-09-15 | $0.01 | Quarterly |
Coverage (payout of operating cash flow): 1.87%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — PEB
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Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.