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Diamondrock Hospitality Co (Diamondrock Hospitality Co) Retained Earnings : $-650 Mil (As of Mar. 2024)


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What is Diamondrock Hospitality Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Diamondrock Hospitality Co's retained earnings for the quarter that ended in Mar. 2024 was $-650 Mil.

Diamondrock Hospitality Co's quarterly retained earnings increased from Sep. 2023 ($-652 Mil) to Dec. 2023 ($-649 Mil) but then declined from Dec. 2023 ($-649 Mil) to Mar. 2024 ($-650 Mil).

Diamondrock Hospitality Co's annual retained earnings increased from Dec. 2021 ($-781 Mil) to Dec. 2022 ($-701 Mil) and increased from Dec. 2022 ($-701 Mil) to Dec. 2023 ($-649 Mil).


Diamondrock Hospitality Co Retained Earnings Historical Data

The historical data trend for Diamondrock Hospitality Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Diamondrock Hospitality Co Retained Earnings Chart

Diamondrock Hospitality Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -178.86 -576.53 -780.93 -700.69 -649.33

Diamondrock Hospitality Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -700.29 -670.06 -651.53 -649.33 -649.76

Diamondrock Hospitality Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Diamondrock Hospitality Co  (NYSE:DRH) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Diamondrock Hospitality Co (Diamondrock Hospitality Co) Business Description

Traded in Other Exchanges
Address
2 Bethesda Metro Center, Suite 1400, Bethesda, MD, USA, 20814
Diamondrock Hospitality Company is a real estate investment trust that owns lodging properties. Its business is to acquire, own, manage, and renovate full-service hotel properties in the United States. It operates in cities such as Chicago, Boston, New York, Denver and others. Within DiamondRock's holdings, the majority of the hotel brands include Marriott, Starwood, and Hilton. The revenue is divided between room, food and beverage, and other. The room segment contributes the majority of the revenue. The firm's customers include leisure transient, business transient, and group customers.
Executives
Mark W Brugger officer: Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 3000, BETHESDA MD 20817
Justin L. Leonard officer: EVP & Chief Operating Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
William J Tennis officer: EVP and General Counsel DIAMONDROCK HOSPITALITY COMPANY, 6903 ROCKLEDGE DRIVE, SUITE 800, BETHESDA MD 20817
Tabassum Zalotrawala director 610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Briony R. Quinn officer: Chief Accounting Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Troy Furbay officer: Chief Investment Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METGRO CENTER, SUITE 1500, BETHESDA MD 20814
Michael A. Hartmeier director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Jeffrey Donnelly officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Maureen L Mcavey director C/O DIAMONDROCK HOSPITALITY COMPANY, 10400 FERNWOOD ROAD, SUITE 300, BETHESDA MD 20817
Kathleen Wayton director C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Gilbert T Ray director 901 N GLEBE ROAD, ARLINGTON VA 22203
Jay Lecoryelle Johnson officer: EVP & Chief Financial Officer C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Thomas G. Healy officer: EVP & Chief Operating Officer DIAMONDROCK HOSPITALITY COMPANY, 3 BETHESDA METRO CENTER, SUITE 1500, BETHESDA MD 20814
Sean M Mahoney officer: CAO and Corporate Controller 3 BETHESDA METRO CTR #1000, BETHESDA MD 20814
William Joseph Shaw director 6649 WESTWOOD BLVD., ORLANDO FL 32821