Company Quick10K Filing
Ryman Hospitality Properties
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 52 $4,065
10-Q 2019-11-05 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-07 Quarter: 2019-03-31
10-K 2019-02-26 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-K 2018-02-27 Annual: 2017-12-31
10-Q 2017-11-07 Quarter: 2017-09-30
10-Q 2017-08-08 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-K 2017-02-28 Annual: 2016-12-31
10-Q 2016-11-03 Quarter: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-05 Quarter: 2015-09-30
10-Q 2015-08-06 Quarter: 2015-06-30
10-Q 2015-05-07 Quarter: 2015-03-31
10-K 2015-02-26 Annual: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-11-07 Quarter: 2013-09-30
10-Q 2013-08-08 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-Q 2012-08-07 Quarter: 2012-06-30
10-Q 2012-05-09 Quarter: 2012-03-31
10-Q 2011-11-04 Quarter: 2011-09-30
10-Q 2011-08-05 Quarter: 2011-06-30
10-Q 2011-05-06 Quarter: 2011-03-31
10-K 2011-02-25 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-02-26 Annual: 2009-12-31
8-K 2019-12-09 Enter Agreement, Other Events, Exhibits
8-K 2019-12-09 Other Events, Exhibits
8-K 2019-11-05 Earnings, Exhibits
8-K 2019-10-31 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-10-08 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-09-19 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-09-13 Other Events
8-K 2019-09-12 Regulation FD, Other Events, Exhibits
8-K 2019-08-06 Earnings, Exhibits
8-K 2019-07-02 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-05-09 Shareholder Vote
8-K 2019-05-07 Earnings, Exhibits
8-K 2019-03-27 Officers
8-K 2019-02-26 Earnings, Exhibits
8-K 2019-02-22 Officers, Exhibits
8-K 2018-12-31 Enter Agreement, M&A, Sale of Shares, Other Events, Exhibits
8-K 2018-11-06 Earnings, Exhibits
8-K 2018-09-13 Enter Agreement, Other Events, Exhibits
8-K 2018-08-07 Earnings, Exhibits
8-K 2018-06-26 Enter Agreement, Off-BS Arrangement
8-K 2018-05-03 Shareholder Vote
8-K 2018-05-01 Earnings, Exhibits
8-K 2018-02-23 Earnings, Exhibits

Ryman Hospitality Properties Financials

RHP Metrics, Comps, Filings

Annual | Quarterly

Business

Ryman is the successor to Gaylord Entertainment Company (“Gaylord”), a Delaware corporation originally incorporated in 1956. As part of the plan to restructure our business operations to facilitate our qualification as a real estate investment trust (“REIT”) for federal income tax purposes, Gaylord merged with and into its wholly-owned subsidiary, Ryman, on October 1, 2012, with Ryman as the surviving corporation, and Ryman succeeded to and began conducting, either directly or indirectly, all of the business conducted by Gaylord immediately prior to the merger. Ryman is a Delaware corporation that began operating as a self-advised and self-administered REIT for federal income tax purposes on January 1, 2013. We specialize in group-oriented, destination hotel assets in urban and resort markets. As a REIT, we generally will not be subject to federal corporate income taxes on that portion of our capital gain or ordinary income from our REIT operations that is distributed to our stockholders. This treatment substantially eliminates the federal “double taxation” on earnings from our REIT operations, or taxation once at the corporate level and again at the stockholder level, that generally results from investment in a regular C corporation. Our non-REIT operations, which

consist of the activities of our taxable REIT subsidiaries (“TRSs”) that lease or sublease our hotels from our qualified REIT subsidiaries, as well as businesses within our Entertainment segment, continue to be subject, as applicable, to federal and state corporate income taxes.

Our owned assets include a network of four upscale, meetings-focused resorts totaling 8,114 rooms that are managed by Marriott under the Gaylord Hotels brand. These four resorts, which we refer to as our Gaylord Hotels properties, consist of the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee (“Gaylord Opryland”), the Gaylord Palms Resort & Convention Center near Orlando, Florida (“Gaylord Palms”), the Gaylord Texan Resort & Convention Center near Dallas, Texas (“Gaylord Texan”) and the Gaylord National Resort & Convention Center near Washington D.C. (“Gaylord National”). Other owned hotel assets managed by Marriott include the Inn at Opryland, a 303‑room overflow hotel adjacent to Gaylord Opryland, and the AC Hotel at National Harbor, Washington D.C. (“AC Hotel”), a 192‑room overflow hotel adjacent to Gaylord National. We also own a 61.2% interest in a joint venture that owns Gaylord Rockies, which opened in December 2018 and is managed by Marriott under the Gaylord Hotels brand. For more information regarding the Company’s increase of its ownership in the Gaylord Rockies joint venture as of December 31, 2018, see “Gaylord Rockies Joint Venture” below.


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) 4,582 0% 13.1 2% 4,156 2,208 729 0 98 366 4,776
Macerich (MAC) 4,552 0% 7.1 1% 8,944 5,975 944 0 117 618 4,404
Life Storage (LSI) 4,519 0% 16.3 5% 4,035 1,969 561 0 210 390 6,355
Rexford Industrial Realty (REXR) 4,408 0% 30.4 2% 3,265 901 237 0 51 164 4,986
Healthcare Realty Trust (HR) 4,246 0% 22.0 1% 3,429 1,659 456 0 32 258 5,681
EastGroup Properties (EGP) 4,223 0% 23.5 2% 2,295 1,286 314 0 46 180 4,223
CoreSite Realty (COR) 4,209 53% 19.3 5% 2,001 1,725 560 298 103 286 5,523
Cousins Properties (CUZ) 4,159 66% 20.9 1% 6,677 2,307 516 342 56 286 5,987
Ryman Hospitality Properties (RHP) 4,065 40% 7.2 7% 3,852 3,417 1,431 577 251 538 3,896
Pebblebrook Hotel Trust (PEB) 4,045 36% 30.5 -0% 6,833 3,126 808 294 -5 212 6,475
Hospitality Properties Trust (HPT) 4,021 39% 4.7 3% 7,178 4,520 2,289 885 243 848 3,967
Equity Commonwealth (EQC) 4,014 0% 1.5 14% 3,702 67 165 0 501 560 831
Rayonier (RYN) 3,980 24% 18.5 3% 2,861 1,360 743 177 84 261 4,821
Outfront Media (OUT) 3,880 0% 11.7 3% 5,665 4,530 1,698 0 160 483 5,650
Stag Industrial (STAG) 3,815 0% 17.3 2% 3,462 1,499 375 0 76 301 5,203
Sabra Health Care REIT (SBRA) 3,686 0% 24.3 0% 6,123 2,863 647 0 22 260 6,316
Weingarten Realty Investors (WRI) 3,662 0% 13.2 7% 3,888 2,093 502 0 253 396 5,242
Two Harbors Investment (TWO) 3,651 23.7 -2% 34,340 29,471 0 0 -635 133 3,144
Chimera Investment (CIM) 3,536 3.5 1% 27,638 23,669 0 0 231 1,001 3,482
Apple Hospitality REIT (APLE) 3,515 43% 14.0 4% 4,989 1,637 1,272 553 197 350 4,882

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash389711722222146
Accounts Receivable05504555485868
Inventory1167788810
PP&E442,1493,1453381,6233982,0663,149
Assets2,5062,5432,7873,0102,7972,8872,5243,854
Accounts Payable1457
Long-Term Debt1,0719021,1541,3411,4561,5221,6172,463
Liabilities1,1351,6901,0802,6081,9462,5192,1463,384
Stockholders' Equity1,3718541,708401851368378470
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue698701,06029901,1851,275
Cost of Revenue771
Gross Profit504
R&D
SG&A181821293331
Tax3-25-052-4912
Net Income10-27-31126-65159176265
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating31176-298-466-104-66296322
Cash Investing-611500-66-215-423
Cash Financing-105-239299467105-112-83172