Company Quick10K Filing
Pebblebrook Hotel Trust
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 130 $4,045
10-K 2020-02-20 Annual: 2019-12-31
10-Q 2019-10-25 Quarter: 2019-09-30
10-Q 2019-07-25 Quarter: 2019-06-30
10-Q 2019-04-25 Quarter: 2019-03-31
10-K 2019-03-01 Annual: 2018-12-31
10-Q 2018-11-01 Quarter: 2018-09-30
10-Q 2018-07-25 Quarter: 2018-06-30
10-Q 2018-04-26 Quarter: 2018-03-31
10-K 2018-02-22 Annual: 2017-12-31
10-Q 2017-10-23 Quarter: 2017-09-30
10-Q 2017-07-27 Quarter: 2017-06-30
10-Q 2017-04-27 Quarter: 2017-03-31
10-K 2017-02-23 Annual: 2016-12-31
10-Q 2016-10-27 Quarter: 2016-09-30
10-Q 2016-07-25 Quarter: 2016-06-30
10-Q 2016-04-27 Quarter: 2016-03-31
10-K 2016-02-22 Annual: 2015-12-31
10-Q 2015-10-22 Quarter: 2015-09-30
10-Q 2015-07-23 Quarter: 2015-06-30
10-Q 2015-04-23 Quarter: 2015-03-31
10-K 2015-02-17 Annual: 2014-12-31
10-Q 2014-10-23 Quarter: 2014-09-30
10-Q 2014-07-24 Quarter: 2014-06-30
10-Q 2014-04-24 Quarter: 2014-03-31
10-K 2014-02-20 Annual: 2013-12-31
10-Q 2013-10-24 Quarter: 2013-09-30
10-Q 2013-07-25 Quarter: 2013-06-30
10-Q 2013-04-25 Quarter: 2013-03-31
10-K 2013-02-21 Annual: 2012-12-31
10-Q 2012-10-25 Quarter: 2012-09-30
10-Q 2012-08-02 Quarter: 2012-06-30
10-Q 2012-04-26 Quarter: 2012-03-31
10-K 2012-02-21 Annual: 2011-12-31
10-Q 2011-10-27 Quarter: 2011-09-30
10-Q 2011-08-02 Quarter: 2011-06-30
10-Q 2011-04-28 Quarter: 2011-03-31
10-K 2011-02-23 Annual: 2010-12-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-03-24 Annual: 2009-12-31
8-K 2020-03-17 Off-BS Arrangement, Officers, Regulation FD, Other Events, Exhibits
8-K 2020-03-16 Regulation FD, Other Events, Exhibits
8-K 2020-03-06 Regulation FD, Other Events, Exhibits
8-K 2020-02-20 Earnings, Exhibits
8-K 2020-02-12 Officers, Exhibits
8-K 2020-01-27 Regulation FD, Exhibits
8-K 2020-01-02 Regulation FD, Exhibits
8-K 2019-12-16 Regulation FD, Other Events, Exhibits
8-K 2019-11-22 Regulation FD, Other Events, Exhibits
8-K 2019-10-24 Earnings, Exhibits
8-K 2019-10-08 Regulation FD, Exhibits
8-K 2019-09-26 Regulation FD, Other Events, Exhibits
8-K 2019-09-25 Regulation FD
8-K 2019-09-16 Regulation FD, Other Events, Exhibits
8-K 2019-09-12 Regulation FD, Other Events, Exhibits
8-K 2019-07-25 Earnings, Exhibits
8-K 2019-07-16 Regulation FD, Other Events, Exhibits
8-K 2019-06-25 Regulation FD
8-K 2019-06-24 Regulation FD, Exhibits
8-K 2019-06-13 Shareholder Vote, Regulation FD, Other Events, Exhibits
8-K 2019-06-03 Regulation FD, Exhibits
8-K 2019-05-29 Regulation FD, Other Events, Exhibits
8-K 2019-04-26 Officers
8-K 2019-04-25 Earnings, Exhibits
8-K 2019-04-03 Regulation FD
8-K 2019-03-15 Regulation FD, Other Events, Exhibits
8-K 2019-02-25 Earnings, Exhibits
8-K 2019-02-22 Regulation FD, Other Events, Exhibits
8-K 2019-02-13 Officers, Other Events, Exhibits
8-K 2019-01-11 Other Events
8-K 2019-01-04 Regulation FD
8-K 2018-12-19 Regulation FD, Exhibits
8-K 2018-12-14 Regulation FD, Other Events, Exhibits
8-K 2018-12-04 Regulation FD, Other Events, Exhibits
8-K 2018-11-30 M&A, Off-BS Arrangement, Shareholder Rights, Amend Bylaw, Regulation FD, Exhibits
8-K 2018-11-27 Shareholder Vote, Regulation FD, Exhibits
8-K 2018-11-16 Regulation FD, Other Events, Exhibits
8-K 2018-11-01 Earnings, Other Events, Exhibits
8-K 2018-10-31 Enter Agreement, Off-BS Arrangement, Regulation FD, Exhibits
8-K 2018-10-22 Regulation FD, Other Events, Exhibits
8-K 2018-10-09 Regulation FD, Other Events, Exhibits
8-K 2018-09-27 Regulation FD
8-K 2018-09-17 Enter Agreement, Regulation FD, Other Events, Exhibits
8-K 2018-09-13 Regulation FD, Other Events, Exhibits
8-K 2018-09-05 Officers, Other Events, Exhibits
8-K 2018-09-05 Enter Agreement, Regulation FD, Exhibits
8-K 2018-08-27 Regulation FD, Other Events, Exhibits
8-K 2018-08-27 Regulation FD, Other Events, Exhibits
8-K 2018-08-24 Regulation FD, Other Events, Exhibits
8-K 2018-08-24 Regulation FD, Other Events, Exhibits
8-K 2018-08-21 Regulation FD, Other Events, Exhibits
8-K 2018-08-21 Regulation FD, Other Events, Exhibits
8-K 2018-08-10 Regulation FD, Other Events, Exhibits
8-K 2018-08-10 Regulation FD, Other Events, Exhibits
8-K 2018-08-03 Regulation FD, Other Events, Exhibits
8-K 2018-07-30 Regulation FD, Other Events, Exhibits
8-K 2018-07-25 Earnings, Other Events, Exhibits
8-K 2018-07-20 Regulation FD, Other Events, Exhibits
8-K 2018-07-10 Regulation FD, Other Events, Exhibits
8-K 2018-06-29 Shareholder Vote
8-K 2018-06-29 Regulation FD, Other Events, Exhibits
8-K 2018-06-28 Regulation FD
8-K 2018-06-28 Regulation FD, Other Events, Exhibits
8-K 2018-06-18 Regulation FD, Other Events, Exhibits
8-K 2018-06-15 Regulation FD, Other Events, Exhibits
8-K 2018-06-11 Regulation FD, Other Events, Exhibits
8-K 2018-05-21 Regulation FD, Exhibits
8-K 2018-05-15 Regulation FD, Exhibits
8-K 2018-04-26 Earnings, Other Events, Exhibits
8-K 2018-04-24 Other Events, Exhibits
8-K 2018-04-16 Other Events, Exhibits
8-K 2018-04-12 Earnings, Regulation FD, Exhibits
8-K 2018-03-15 Regulation FD, Other Events, Exhibits
8-K 2018-02-23 Other Events
8-K 2018-02-22 Earnings, Exhibits
8-K 2018-02-14 Enter Agreement, Officers, Exhibits
8-K 2018-01-04 Regulation FD

Pebblebrook Hotel Trust Financials

PEB Metrics, Comps, Filings

Annual | Quarterly

Business

Pebblebrook Hotel Trust is an internally managed hotel investment company, organized in October 2009 to opportunistically acquire and invest in hotel properties located primarily in major U.S. cities, with an emphasis on the major gateway coastal markets. As of December 31, 2018, the Company owned 63 hotels with a total of 15,253 guest rooms.

Substantially all of the Company's assets are held by, and all of the operations are conducted through, Pebblebrook Hotel, L.P. (our "Operating Partnership"). The Company is the sole general partner of the Operating Partnership. At December 31, 2018, the Company owned 99.7% of the common limited partnership units issued by the Operating Partnership ("common units"). The remaining 0.3% of the common units are owned by the other limited partners of the Operating Partnership. For the Company to qualify as a REIT under the Code, it cannot operate the hotels it owns. Therefore, the Operating Partnership and its subsidiaries lease the hotel properties to subsidiaries of Pebblebrook Hotel Lessee, Inc. (collectively with its subsidiaries, "PHL") and LaSalle Hotel Lessee Inc. (collectively with its subsidiaries, "LHL"), the Company's taxable REIT subsidiaries ("TRSs"), which in turn engages third-party eligible independent contractors to manage the hotels. PHL and LHL are consolidated into the Company's financial statements.

On November 30, 2018, we completed our merger with LaSalle Hotel Properties ("LaSalle"). Pursuant to the Agreement and Plan of Merger, dated as of September 6, 2018, as amended on September 18, 2018 (the "Merger Agreement"), by and among the Company, the Operating Partnership, Ping Merger Sub, LLC ("Merger Sub"), Ping Merger OP, LP ("Merger OP"), LaSalle and LaSalle Hotel Operating Partnership, L.P. ("LaSalle OP").


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Empire State Realty Trust (ESRT) 4,180 0% 15.1 2% 3,925 1,985 736 0 95 294 4,456
Macerich (MAC) 4,568 0% 10.8 1% 8,776 5,868 932 0 73 413 4,460
Life Storage (LSI) 4,519 0% 14.4 7% 4,189 2,027 565 0 309 446 6,433
Rexford Industrial Realty (REXR) 4,879 0% 37.9 2% 3,502 1,016 250 0 55 146 5,542
Healthcare Realty Trust (HR) 4,381 0% 31.4 0% 3,491 1,686 462 0 12 185 5,813
EastGroup Properties (EGP) 4,865 0% 32.7 2% 2,400 1,292 245 0 46 149 4,865
CoreSite Realty (COR) 4,559 18% 24.4 5% 2,047 1,803 566 101 100 244 5,954
Cousins Properties (CUZ) 5,574 66% 29.6 1% 6,704 2,355 463 307 34 251 7,415
Ryman Hospitality Properties (RHP) 4,211 31% 7.3 7% 3,831 3,519 1,519 478 249 557 4,051
Pebblebrook Hotel Trust (PEB) 3,633 18% 48.2 -1% 6,545 2,888 1,232 216 -33 121 5,806
Hospitality Properties Trust (HPT) 4,160 29% 6.6 2% 9,516 6,907 2,286 657 166 623 4,090
Equity Commonwealth (EQC) 4,310 0% 2.2 13% 3,731 503 145 0 477 509 1,099
Rayonier (RYN) 3,676 20% 25.4 2% 2,767 1,342 699 142 55 181 4,591
Outfront Media (OUT) 3,997 0% 14.6 3% 5,321 4,195 1,746 0 152 421 6,146
Stag Industrial (STAG) 3,902 0% 26.4 1% 3,745 1,640 295 0 33 206 5,421
Sabra Health Care REIT (SBRA) 4,409 0% 41.3 0% 6,068 2,786 506 0 29 169 6,979
Weingarten Realty Investors (WRI) 3,735 0% 12.7 8% 3,913 2,060 495 0 309 412 5,211
Two Harbors Investment (TWO) 3,964 3.1 1% 32,164 27,145 0 0 189 955 2,998
Chimera Investment (CIM) 3,663 3.6 1% 28,632 24,637 0 0 180 964 3,502
Apple Hospitality REIT (APLE) 3,652 44% 14.7 3% 4,990 1,663 977 426 146 336 4,962

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash912551697724
Accounts Receivable1113172125282960
Inventory
PP&E1,1271,4171,7182,3442,6742,6732,4566,534
Assets1,4171,8462,1172,7703,0632,8092,5916,978
Accounts Payable
Long-Term Debt2513725545044659961672,763
Liabilities3005336429881,3021,2001,0873,208
Stockholders' Equity1,1131,3131,4731,7811,7581,6061,4993,760
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue829
Cost of Revenue512
Gross Profit317
R&D
SG&A1117172628282423
Tax1-0232002
Net Income15274374957410013
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating4877107161221241195136
Cash Investing-682-408-246-631-400299131-1,778
Cash Financing479351108468153-533-3341,718