DiamondRock Hospitality Company (DRH) Cash Flow: Operating & Free Cash Flow

DiamondRock Hospitality Company (DRH) Cash Flow Statement

In fiscal 2025 (fiscal year ended Dec 31, 2025), DiamondRock Hospitality Company generated $243.65M of operating cash flow and spent $81.56M on capital expenditures. That left free cash flow of $162.09M, up 13.5% from $142.82M a year earlier, or 14.5% of revenue. It returned $269.30M to shareholders through $108.13M in dividends and $161.16M in share buybacks.

DiamondRock Hospitality Company Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Cash flow statement showing operating, investing, and financing activities for DiamondRock Hospitality Company (DRH) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	101.94	48.25	86.64	109.71	-195.41	-394.38	184.21	87.80	91.88
Depreciation & Amortization	113.11	113.59	111.49	108.85	103.19	111.85	118.34	104.74	99.19
Deferred Income Tax	-2.87	-0.45	-0.98	-0.78	0.47	-26.54	21.02	1.59	7.70
Stock Based Compensation	7.42	12.02	8.77	7.79	8.74	7.23	6.39	5.57	6.20
Change in Working Capital	10.14	9.21	20.89	-26.53	-62.58	25.41	-5.89	14.97	-1.20
Change in Accounts Payable	7.39	9.68	0.42	7.07	-2.49	0.00	5.87	-8.00	17.01
Change in Other Working Capital	6.98	-0.48	20.47	-33.60	-60.09	25.41	-11.76	14.97	-1.20
Other Operating Activities	6.98	41.80	9.78	7.21	143.75	191.53	-130.77	4.63	0.76
Net Cash from Operating Activities	243.65	224.41	237.56	206.24	-2.31	-83.69	193.29	219.30	204.53
Investing Activities
Capital Expenditures	-81.56	-81.59	-86.31	-249.60	-47.13	-89.64	-199.26	-115.17	-100.32
Acquisitions	0.00	0.00	-34.53	0.00	-226.63	0.00	0.00	-259.88	-93.80
Purchases of Investments	0.00	0.00	0.00	-181.94	0.00	0.00	0.00	-259.88	-94.56
Sales/Maturities of Investments	89.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.46
Other Investing Activities	0.00	-30.53	-34.53	182.94	-2.26	-77.39	133.53	30.74	15.50
Net Cash from Investing Activities	7.46	-112.12	-120.85	-248.60	-62.20	-78.97	-65.73	-344.31	-178.61
Financing Activities
Debt Repayment	-355.81	-82.38	-9.54	117.23	-17.20	-489.87	110.81	36.39	17.22
Common Stock Issued	0.00	0.00	0.00	0.00	0.00	86.83	0.00	92.68	0.00
Common Stock Repurchased	-161.17	-32.87	-5.46	-13.12	-1.48	-11.27	-43.31	-33.11	-0.54
Dividends Paid	-108.13	-35.42	-31.91	-16.24	-0.12	-25.56	-102.05	-102.71	-100.54
Other Financing Activities	-11.57	0.00	0.00	-13.85	-1.22	112.86	-4.81	-0.41	-1.58
Net Cash from Financing Activities	-276.68	-150.67	-56.73	74.03	5.17	117.71	-39.37	-7.17	-85.44
Summary
Net Change in Cash	-25.57	-38.38	59.99	31.67	-59.34	-44.95	88.19	-132.18	-59.53
Cash at Beginning of Period	128.79	167.17	107.18	75.51	134.85	179.79	91.60	223.77	243.10
Cash at End of Period	103.22	128.79	167.17	107.18	75.51	134.85	179.79	91.60	183.57
Free Cash Flow	162.09	142.82	151.25	-43.36	-49.44	-173.32	-5.97	104.13	104.21
Supplemental Disclosures
Interest Paid	-	63.78	60.36	47.55	42.49	43.73	-	-	-
Income Taxes Paid	-	4.65	2.67	6.63	1.63	-0.01	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About DiamondRock Hospitality Company Cash Flow

What is DiamondRock Hospitality Company's free cash flow?

DiamondRock Hospitality Company generated free cash flow of $162.09M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of $243.65M minus $81.56M of capital expenditures. That was up 13.5% from $142.82M a year earlier. Free cash flow equaled 14.5% of revenue.

How much does DiamondRock Hospitality Company spend on capital expenditures?

DiamondRock Hospitality Company spent $81.56M on capital expenditures in fiscal 2025, compared with $81.59M a year earlier. That equals 33.5% of operating cash flow.

Does DiamondRock Hospitality Company pay dividends or buy back shares?

Yes. In fiscal 2025 DiamondRock Hospitality Company returned $108.13M in dividends and $161.16M in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition