Logo

CLDT

Chatham Lodging Trust

CLDT

Chatham Lodging Trust • NYSE
$6.78 ▼ -0.73% (-0.05)
Market Cap $331.82 M
52w High $10.00
52w Low $5.83
Dividend Yield 0.34%
P/E 678
Volume 121.11K
Outstanding Shares 48.94M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $78.409M ▼ $18.826M ▼ $3.531M ▼ 4.503% ▼ $0 ▼ $24.192M ▼
Q2-2025 $80.294M ▲ $19.037M ▲ $5.376M ▲ 6.695% ▲ $0.068 ▲ $26.974M ▲
Q1-2025 $68.635M ▼ $12.527M ▼ $1.536M ▲ 2.238% ▲ $-0.01 ▲ $16.171M ▼
Q4-2024 $75.11M ▼ $18.69M ▼ $-1.708M ▼ -2.274% ▼ $-0.078 ▼ $20.655M ▼
Q3-2024 $87.177M $19.696M $4.251M 4.876% $0.046 $27.509M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $13.226M ▼ $1.183B ▼ $397.057M ▼ $749.44M ▼
Q2-2025 $17.168M ▼ $1.194B ▼ $405.36M ▼ $754.09M ▼
Q1-2025 $18.591M ▼ $1.226B ▼ $437.43M ▼ $754.699M ▼
Q4-2024 $20.195M ▲ $1.255B ▼ $462.684M ▼ $758.219M ▼
Q3-2024 $19.349M $1.295B $496.865M $765.321M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $3.587M ▼ $25.574M ▲ $-4.1M ▼ $-24.313M ▲ $-2.839M ▼ $25.574M ▲
Q2-2025 $5.499M ▲ $22.062M ▲ $13.756M ▼ $-36.799M ▼ $-981K ▲ $12.717M ▲
Q1-2025 $1.519M ▲ $4.19M ▼ $22.763M ▼ $-31.607M ▲ $-4.654M ▼ $4.19M ▼
Q4-2024 $-1.854M ▼ $12.939M ▼ $22.954M ▲ $-34.894M ▼ $999K ▼ $12.939M ▼
Q3-2024 $4.33M $28.817M $-6.115M $-19.553M $3.149M $48.261M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Food and Beverage
Food and Beverage
 $0 ▲$0 ▲$0 ▲$0 ▲
Hotel Other
Hotel Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Occupancy
Occupancy
 $80.00M ▲$70.00M ▼$60.00M ▼$70.00M ▲
Advertising
Advertising
 $0 ▲$0 ▲$0 ▲$0 ▲
Franchise And Marketing Fees
Franchise And Marketing Fees
 $10.00M ▲$10.00M ▲$0 ▼$0 ▲
Insurance
Insurance
 $0 ▲$0 ▲$0 ▲$0 ▲
Maintenance
Maintenance
 $0 ▲$0 ▲$0 ▲$0 ▲
Other
Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Public Utilities
Public Utilities
 $0 ▲$0 ▲$0 ▲$0 ▲
Telephone
Telephone
 $0 ▲$0 ▲$0 ▲$0 ▲
General And Administrative
General And Administrative
 $10.00M ▲$0 ▼$0 ▲$0 ▲
Management Service
Management Service
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has steadily recovered from the pandemic shock and is now on a firmer footing. Hotel-level profitability has improved, with operating results back in positive territory after earlier losses. However, bottom-line earnings remain weak and still negative, even if the size of the losses has been shrinking each year. In plain terms, the business is functioning better and more efficiently than it was a few years ago, but it has not yet translated that recovery into consistently positive net income for shareholders.

Balance Sheet

Balance Sheet The balance sheet looks relatively stable and conservative for a hotel REIT. Total assets have held steady, and shareholder equity has gradually rebuilt from the pandemic period. Debt levels have been worked down over time, which reduces financial risk and interest burden. Cash on hand is modest rather than abundant, so the company seems to rely more on ongoing cash generation and credit access than on a large cash cushion. Overall, leverage appears manageable and trending in the right direction.

Cash Flow

Cash Flow Cash generation from the business has improved meaningfully since 2020. Operating cash flow is now consistently positive, and free cash flow has followed the same pattern, helped by relatively modest spending on property upgrades and new investments. The company appears to be past the acute cash strain of the pandemic years and is once again funding itself largely from its own operations. Still, cash flows are not yet so strong that they would fully insulate the business from a sharp drop in travel demand.

Competitive Edge

Competitive Edge Chatham operates in a focused niche: upscale extended-stay and select-service hotels under well-known brands like Hilton, Marriott, and Hyatt. This segment tends to have lower running costs and more stable demand than full-service hotels, which can be an advantage in downturns. The portfolio is concentrated in high-barrier, tech-driven markets where demand from business and long-stay travelers can be resilient. Its strengths lie in disciplined deal-making, hands-on asset management, and strong relationships with top operators. The flip side is continued exposure to economic cycles, travel trends, and heavy competition from other branded hotels in similar markets.

Innovation and R&D

Innovation and R&D This is not a research-heavy or tech-inventor type of business. Its “innovation” is mostly practical: reconfiguring properties to add rooms, refreshing hotels to lift performance, and recycling capital from weaker assets into stronger markets. Management also focuses on tech-oriented cities, indirectly tying results to growth in those local economies. Future innovation will likely come from improving guest experience through standard hotel technologies, boosting efficiency, and integrating more sustainability practices, rather than from any breakthrough products or proprietary systems.

Summary

Chatham Lodging Trust has moved from crisis recovery into a more stable, rebuilding phase. Operating performance and cash flow are much healthier than during the pandemic, and debt has been reduced, which strengthens the balance sheet. At the same time, net income is still slightly in the red, showing that the financial recovery is incomplete. Strategically, the trust benefits from a focused portfolio of extended-stay and select-service hotels in strong markets, supported by recognized brands and experienced operators. The main watchpoints are ongoing sensitivity to travel demand, competition in branded hotels, and the need to keep properties fresh and relevant without overextending financially.

NEWS

November 5, 2025 · 6:30 AM UTC

Chatham Lodging Announces Third Quarter 2025 Results

Read more

October 9, 2025 · 9:00 AM UTC

Chatham Lodging Trust Announces Third Quarter 2025 Earnings Call to be Held on Wednesday, November 5, 2025

Read more

September 26, 2025 · 9:00 AM UTC

Chatham Lodging Trust Refinances, Upsizes Unsecured Credit Facility

Read more