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Pebblebrook Hotel Trust (PEB)

As-reported financials and SEC filings for Pebblebrook Hotel Trust. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Pebblebrook Hotel Trust

Pebblebrook Hotel Trust is a real estate investment trust that acquires and invests in hotel properties primarily located in major U.S. cities and resort areas near urban markets. The company owns interests in 44 hotels with over 11,000 guest rooms, focusing on upper-upscale full-service hotels with amenities such as restaurants and meeting facilities. Pebblebrook leases its hotel properties to subsidiaries that engage third-party managers to operate the hotels, and it serves business and leisure travelers in major gateway and coastal markets.

Snapshot

Revenue
$1.48B
Revenue growth (YoY)
1.5%
Net income
$-65.8M
Diluted EPS
$-0.90
Gross margin
Operating margin
3.0%
Net margin
-4.5%
FCF margin
ROE
-2.6%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$2.09B
Long-term debt / equity
0.83×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Pebblebrook Hotel Trust

  • Revenue grew 1.5% to $1.5B in FY2025, in line with the 2.3% the year before.
  • Operating margin turned positive at 3.0% in FY2025, from a 12.2% operating loss in FY2021.
  • Most recent quarter Q2 FY2026: revenue $407M, down 0.1% from Q2 FY2025.
  • Net loss widened to $66M in FY2025, from $4M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Pebblebrook Hotel Trust’s fundamentals sit among the 165 REITs. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin3.0%
13th percentile of 81
Net margin-4.5%
25th percentile of 156
Revenue growth (YoY)+1.5%
41st percentile of 161
ROE-2.6%
20th percentile of 142
Long-term debt / equity0.83×
35th percentile of 100
Short interest6.55d
76th percentile of 152

Pebblebrook Hotel Trust’s operating margin of 3.0% ranks in the 13th percentile of the 81 REITs reporting it.

5 reported insider purchases (code P) totaling $1.7M in the last 90 days, against 1 sale totaling $770,120. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
6
1 new, 5 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$168.8M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$53.0M2.7MAdded
Two Sigma InvestmentsquantQ2 2026$50.1M2.6MAdded
Millennium ManagementquantQ2 2026$32.8M1.7MReduced
Citadel AdvisorsquantQ2 2026$20.0M1.0MAdded
AQR Capital ManagementquantQ2 2026$11.1M571.8KAdded
Renaissance TechnologiesquantQ2 2026$1.4M72.8KNew
Gotham Asset ManagementQ2 2026$397,49720.5KAdded

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
5
1 insider
Bought (90d)
$1.7M
code P value
Sells (90d)
1
$770K
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-03
filed 2026-08-04
Fisher Thomas CharlesCo-President, C Investmt OfcrSell40.0K$19.25$770K
2026-06-12
filed 2026-06-15
BORTZ JON EChairman and CEOBuy20.0K$18.18$364K
2026-06-11
filed 2026-06-12
BORTZ JON EChairman and CEOBuy20.0K$17.73$355K
2026-06-10
filed 2026-06-12
BORTZ JON EChairman and CEOBuy20.0K$17.23$345K
2026-06-09
BORTZ JON EChairman and CEOBuy20.0K$17.09$342K
2026-06-08
filed 2026-06-09
BORTZ JON EChairman and CEOBuy20.0K$16.84$337K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
14.6M
settled 2026-08-14
Change vs prior
+11.9%
vs previous settlement
Days to cover
6.55
at avg daily volume
Avg daily volume
2.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1414.6M+11.9%6.55
2026-07-3113.0M-9.8%5.80
2026-07-1514.4M-17.3%6.62
2026-06-3017.5M+18.9%4.21
2026-06-1514.7M+1.5%5.48
2026-05-2914.5M+4.5%8.68
2026-05-1513.9M-6.6%6.89
2026-04-3014.8M-12.6%4.83

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.48B$1.45B$1.42B$1.39B$733.0M
Gross profit
Operating income$43.8M$84.0M$37.8M$14.7M$-89.8M
Net income$-65.8M$-4.2M$-78.0M$-87.2M$-184.9M
Diluted EPS$-0.90$-0.39$-0.93$-0.95$-1.80

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$184.2M$206.7M$183.7M$41.0M$58.5M
Current assets
Total assets$5.35B$5.69B$5.82B$6.13B$6.26B
Current liabilities
Long-term debt$2.12B$2.25B$2.32B$2.39B$2.44B
Total liabilities$2.79B$2.91B$2.97B$3.05B$3.10B
Total equity$2.56B$2.79B$2.85B$3.08B$3.16B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$249.7M$275.0M$236.2M$278.7M$70.8M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$407.1M-0.1%$23.6M$0.17
Q1 FY2026$345.7M7.9%$-19.3M$-0.26
Q4 FY2025$349.0M3.4%$-17.9M$-0.16
Q3 FY2025$398.7M-1.4%$-33.1M$-0.37
Q2 FY2025$407.5M2.6%$18.1M
Q1 FY2025$320.3M2.0%$-32.9M$-0.37
Q4 FY2024$337.6M1.1%$-50.5M$-0.43
Q3 FY2024$404.5M2.2%$43.7M$0.24

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorReal Estate
SIC industryReal Estate Investment Trusts
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2012
SEC CIK1474098

Selected SEC filings

10-K2026-02-25
View on EDGAR →
10-Q2026-07-29
View on EDGAR →
10-Q2026-04-28
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-06-15
View on EDGAR →
8-K2026-06-09
View on EDGAR →
8-K2026-06-02
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.