RLJ Lodging Trust RLJ
RLJ Lodging Trust functions as a self-managed, publicly listed real estate investment trust (REIT). Its core holdings consist primarily of upscale, branded hotels known for their strong profitability and efficient operations, specifically those categorized as focused-service or compact full-service. The Trust's extensive portfolio includes 103 properties, housing approximately 22,570 guest rooms, strategically situated across 23 U.S. states and the District of Columbia. Furthermore, the company holds a partial interest in one unconsolidated hotel, which provides 171 rooms.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-27 — 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
Reported FFO / Adjusted FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-04) — 8-K, EX-99.1 ✓ Verified to filing.
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 RLJ 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 | $1.35B | $28.51M | $186.36M | $318.38M | $243.80M |
| 2024 | $1.37B | $68.02M | $184.94M | $359.46M | $285.42M |
| 2023 | $1.33B | $76.41M | $184.06M | $354.64M | $315.14M |
| 2022 | $1.19B | $41.92M | $188.14M | $319.06M | $256.52M |
| 2021 | $785.66M | $-305.17M | $185.69M | $-22.09M | $42.96M |
| 2020 | $464.63M | $-404.44M | $191.76M | $-73.78M | $-168.71M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-09-30 | 2026-09-30 | 2026-10-15 | 2026-09-15 | $0.15 | Quarterly |
| 2026-06-30 | 2026-06-30 | 2026-07-15 | 2026-06-15 | $0.15 | Quarterly |
| 2026-03-31 | 2026-03-31 | 2026-04-15 | 2026-03-13 | $0.15 | Quarterly |
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-12-15 | $0.15 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-09-15 | $0.15 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-06-13 | $0.15 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-03-14 | $0.15 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-12-13 | $0.15 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-08-01 | $0.15 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-06-14 | $0.10 | Quarterly |
| 2024-03-27 | 2024-03-29 | 2024-04-15 | 2024-03-15 | $0.10 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-16 | 2023-12-15 | $0.10 | Quarterly |
| 2023-09-28 | 2023-09-30 | 2023-10-17 | 2023-08-03 | $0.10 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-17 | 2023-06-15 | $0.08 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-17 | 2023-02-27 | $0.08 | Quarterly |
| 2022-12-29 | 2022-12-31 | 2023-01-17 | 2022-12-15 | $0.05 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-17 | 2022-08-04 | $0.05 | 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 |
Coverage (payout of operating cash flow): 36.83%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
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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.