Braemar Hotels & Resorts Debt-to-Equity Ratio Growth & History (BHR)
Braemar Hotels & Resorts's debt-to-equity ratio was 8.10 for fiscal 2025.
View full Braemar Hotels & Resorts company overviewBraemar Hotels & Resorts annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 8.10 | 2.99 | +58.55% |
| 2024 | 2024-12-31 | 5.11 | 1.13 | +28.27% |
| 2023 | 2023-12-31 | 3.98 | 0.58 | +17.12% |
| 2022 | 2022-12-31 | 3.40 | 0.31 | +9.96% |
| 2021 | 2021-12-31 | 3.09 | −1.22 | −28.29% |
| 2020 | 2020-12-31 | 4.31 | 1.28 | +42.25% |
| 2019 | 2019-12-31 | 3.03 | 0.55 | +22.24% |
| 2018 | 2018-12-31 | 2.48 | 0.33 | +15.20% |
| 2017 | 2017-12-31 | 2.15 | −0.32 | −13.05% |
| 2016 | 2016-12-31 | 2.48 | 0.01 | +0.41% |
| 2015 | 2015-12-31 | 2.47 | −0.27 | −9.71% |
| 2014 | 2014-12-31 | 2.73 | −1.53 | −35.87% |
| 2013 | 2013-12-31 | 4.26 | — | — |
Braemar Hotels & Resorts quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.08 | −0.39 | −7.16% |
| Q1 2026 | 2026-03-31 | 7.66 | 2.54 | +49.67% |
| Q4 2025 | 2025-12-31 | 8.10 | 2.99 | +58.55% |
| Q3 2025 | 2025-09-30 | 5.59 | 1.16 | +26.16% |
| Q2 2025 | 2025-06-30 | 5.47 | 1.40 | +34.49% |
| Q1 2025 | 2025-03-31 | 5.12 | 0.94 | +22.51% |
| Q4 2024 | 2024-12-31 | 5.11 | 1.13 | +28.27% |
| Q3 2024 | 2024-09-30 | 4.43 | 0.79 | +21.80% |
| Q2 2024 | 2024-06-30 | 4.07 | 0.89 | +27.91% |
| Q1 2024 | 2024-03-31 | 4.18 | 0.76 | +22.22% |
| Q4 2023 | 2023-12-31 | 3.98 | 0.58 | +17.12% |
| Q3 2023 | 2023-09-30 | 3.64 | 0.64 | +21.24% |
| Q2 2023 | 2023-06-30 | 3.18 | 0.29 | +9.86% |
| Q1 2023 | 2023-03-31 | 3.42 | 0.43 | +14.27% |
| Q4 2022 | 2022-12-31 | 3.40 | 0.31 | +9.96% |
| Q3 2022 | 2022-09-30 | 3.00 | −0.12 | −3.83% |
| Q2 2022 | 2022-06-30 | 2.89 | −0.39 | −12.00% |
| Q1 2022 | 2022-03-31 | 2.99 | −1.03 | −25.64% |
| Q4 2021 | 2021-12-31 | 3.09 | −1.22 | −28.29% |
| Q3 2021 | 2021-09-30 | 3.12 | −0.91 | −22.57% |
| Q2 2021 | 2021-06-30 | 3.29 | −0.55 | −14.39% |
| Q1 2021 | 2021-03-31 | 4.02 | 0.69 | +20.64% |
| Q4 2020 | 2020-12-31 | 4.31 | 1.28 | +42.25% |
| Q3 2020 | 2020-09-30 | 4.03 | 0.95 | +31.02% |
| Q2 2020 | 2020-06-30 | 3.84 | 0.92 | +31.39% |
| Q1 2020 | 2020-03-31 | 3.33 | 0.44 | +15.17% |
| Q4 2019 | 2019-12-31 | 3.03 | 0.55 | +22.24% |
| Q3 2019 | 2019-09-30 | 3.08 | 0.45 | +17.08% |
| Q2 2019 | 2019-06-30 | 2.92 | 0.37 | +14.36% |
| Q1 2019 | 2019-03-31 | 2.90 | 0.74 | +34.26% |
| Q4 2018 | 2018-12-31 | 2.48 | 0.33 | +15.20% |
| Q3 2018 | 2018-09-30 | 2.63 | 0.11 | +4.56% |
| Q2 2018 | 2018-06-30 | 2.56 | 0.10 | +4.01% |
| Q1 2018 | 2018-03-31 | 2.16 | −0.12 | −5.15% |
| Q4 2017 | 2017-12-31 | 2.15 | −0.32 | −13.05% |
| Q3 2017 | 2017-09-30 | 2.51 | 0.03 | +1.41% |
| Q2 2017 | 2017-06-30 | 2.46 | −0.10 | −3.94% |
| Q1 2017 | 2017-03-31 | 2.27 | −0.15 | −6.10% |
| Q4 2016 | 2016-12-31 | 2.48 | 0.01 | +0.41% |
| Q3 2016 | 2016-09-30 | 2.48 | 0.31 | +14.43% |
| Q2 2016 | 2016-06-30 | 2.56 | −0.02 | −0.81% |
| Q1 2016 | 2016-03-31 | 2.42 | −0.38 | −13.62% |
| Q4 2015 | 2015-12-31 | 2.47 | −0.27 | −9.71% |
| Q3 2015 | 2015-09-30 | 2.17 | −0.25 | −10.44% |
| Q2 2015 | 2015-06-30 | 2.58 | −0.01 | −0.29% |
| Q1 2015 | 2015-03-31 | 2.80 | 0.33 | +13.46% |
| Q4 2014 | 2014-12-31 | 2.73 | −1.53 | −35.87% |
| Q3 2014 | 2014-09-30 | 2.42 | — | — |
| Q2 2014 | 2014-06-30 | 2.59 | — | — |
| Q1 2014 | 2014-03-31 | 2.47 | — | — |
| Q4 2013 | 2013-12-31 | 4.26 | — | — |
Braemar Hotels & Resorts debt-to-equity ratio trends
Over the last five fiscal years, Braemar Hotels & Resorts's debt-to-equity ratio increased from 4.31 to 8.10, a change of 3.79. The latest reported quarter, Q2 2026, shows 5.08.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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