Chatham Lodging Trust CLDT

Real estate SIC 6798 - Real Estate Investment Trusts NAICS Real Estate and Rental and Leasing › Real Estate › Lessors of Real Estate derived NYSE

Dollar amounts presented in this Item 1 are in thousands, except per share data.

Chatham Lodging Trust ("we," "us" or the "Company") was formed as a Maryland real estate investment trust on October 26, 2009. We elected to be taxed as a REIT for federal income tax purposes commencing with our 2010 taxable year. The Company is internally-managed and invests primarily in upscale extended-stay and premium-branded select-service hotels.

We had no operations prior to the consummation of our initial public offering ("IPO") in April 2010. The net proceeds from our share offerings are contributed to Chatham Lodging, L.P., our operating partnership (the "Operating Partnership"), in exchange for partnership interests. Substantially all of the Company's assets are held by, and all of its operations are conducted through, the Operating Partnership. Chatham Lodging Trust is the sole general partner of the Operating Partnership and owns 100% of the common units of limited partnership interest in the Operating Partnership ("common units"). Certain of the Company's executive officers hold vested and unvested long-term incentive plan units in the Operating Partnership ("LTIP Units"), which are presented as non-controlling interests on our consolidated balance sheets.

Last close 14.03 2026-10-23
Market cap $653.3M 2026-06-30 share count
52-week range 6.08 - 14.73

Valuation FY2025 figures against the last close

P/S2.2x
P/E100.2x
P/FCF10.2x
EV/EBITDA9.6x
Dividend yield2.7%
Diluted EPS0.14

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $295.1M$317.2M$311.1M$294.9M$204.0M$144.9M$328.3M$324.2M$301.8M$295.9M
Cost of revenue —$181.2M$175.4M$160.8M$119.3M$95.5M$174.3M$170.6M$155.7M$148.8M
Gross profit —$136.0M$135.7M$134.1M$84.7M$49.4M$154.1M$153.7M$146.2M$147.1M
SG&A $16.6M$18.4M$17.5M$17.3M$15.8M$11.6M$14.1M$14.1M$12.8M$11.1M
Total operating expenses $268.6M$289.7M$282.5M$260.7M$221.2M$207.7M$271.7M$266.1M$248.8M$236.9M
Operating income $40.9M$33.2M$28.6M$36.5M-$17.2M-$41.7M$53.4M$58.1M$56.4M$58.9M
Interest expense $25.7M$30.9M$27.1M$26.5M$24.5M$28.1M$28.2M$26.9M$27.9M$28.3M
Pre-tax income $15.3M$4.0M$2.5M$9.9M-$18.8M-$77.0M$18.9M$30.8M$30.1M$31.4M
Income tax $0$0$0$0$0$0$0$28.0K$396.0K$301.0K
Net income $15.1M$4.2M$2.6M$9.8M-$18.4M-$76.0M$18.7M$30.6M$29.5M$31.5M
EPS, basic 0.14-0.08-0.110.04-0.46-1.620.390.660.730.82
EPS, diluted 0.14-0.08-0.110.04-0.46-1.620.390.660.730.81
Shares, diluted (wtd. avg.) 50.0M48.9M48.8M49.1M48.3M47.0M47.0M46.2M40.1M38.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $24.4M$20.2M$68.1M$45.2M$29.9M$31.5M$20.2M$32.3M$36.5M$37.0M
Total assets $1.17B$1.25B$1.34B$1.34B$1.41B$1.37B$1.44B$1.44B$1.39B$1.30B
Long-term debt $338.9M$406.9M$486.1M$470.3M$544.9M$609.7M$586.9M$585.1M$540.5M$585.1M
Total liabilities $392.3M$462.7M$539.6M$525.7M$596.5M$677.8M$663.5M$632.3M$582.4M$621.4M
Retained earnings -$299.5M-$289.1M-$271.7M-$252.7M-$251.1M-$228.7M-$142.4M-$99.3M-$69.0M-$45.7M
Total equity $740.8M$758.2M$804.4M$818.0M$814.2M$692.5M$775.0M$807.4M$809.8M$681.6M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $64.1M$73.8M$76.4M$71.5M$28.8M-$20.0M$86.2M$86.2M$86.7M$87.7M
Depreciation and amortisation $59.7M$60.7M$58.3M$59.4M$54.2M$53.9M$51.5M$48.2M$46.3M$48.8M
Stock-based compensation $6.3M$6.4M$6.1M$5.6M$4.8M$4.6M$4.7M$4.2M$3.8M$3.0M
Investing cash flow $45.4M-$29.2M-$28.1M$30.0M-$101.9M$26.8M-$44.6M-$96.4M-$158.4M-$15.3M
Financing cash flow -$106.6M-$100.6M-$7.7M-$86.2M$71.6M$4.4M-$53.8M$6.0M$71.2M-$75.5M
Dividends paid $17.6M$14.4M$14.2M$147.0K$282.0K$16.2M$62.7M$61.6M$52.6M$53.0M
Buybacks $9.0M$0$0—————$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-006103.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -200M 0 200M 400M Revenue, FY2016: 295.9M Gross profit, FY2016: 147.1M Net income, FY2016: 31.5M Revenue, FY2017: 301.8M Gross profit, FY2017: 146.2M Net income, FY2017: 29.5M Revenue, FY2018: 324.2M Gross profit, FY2018: 153.7M Net income, FY2018: 30.6M Revenue, FY2019: 328.3M Gross profit, FY2019: 154.1M Net income, FY2019: 18.7M Revenue, FY2020: 144.9M Gross profit, FY2020: 49.4M Net income, FY2020: -76M Revenue, FY2021: 204M Gross profit, FY2021: 84.7M Net income, FY2021: -18.4M Revenue, FY2022: 294.9M Gross profit, FY2022: 134.1M Net income, FY2022: 9.8M Revenue, FY2023: 311.1M Gross profit, FY2023: 135.7M Net income, FY2023: 2.6M Revenue, FY2024: 317.2M Gross profit, FY2024: 136M Net income, FY2024: 4.2M Revenue, FY2025: 295.1M Net income, FY2025: 15.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $295.9M $301.8M $324.2M $328.3M $144.9M $204.0M $294.9M $311.1M $317.2M $295.1M
Gross profit $147.1M $146.2M $153.7M $154.1M $49.4M $84.7M $134.1M $135.7M $136.0M —
Net income $31.5M $29.5M $30.6M $18.7M -$76.0M -$18.4M $9.8M $2.6M $4.2M $15.1M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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