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NYSE · Real Estate

Ryman Hospitality Properties, Inc. (RHP)

As-reported financials and SEC filings for Ryman Hospitality Properties, Inc. 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 Ryman Hospitality Properties, Inc.

Ryman Hospitality Properties, Inc. operates as a real estate investment trust specializing in group-oriented, destination hotel assets in urban and resort markets. Its core portfolio includes upscale resorts managed by Marriott under the Gaylord Hotels and JW Marriott brands, featuring large meeting and convention spaces. The company also owns a controlling interest in the Opry Entertainment Group, which manages entertainment and media assets such as the Grand Ole Opry and related venues.

Snapshot

Revenue
$2.58B
Revenue growth (YoY)
10.2%
Net income
$243.4M
Diluted EPS
$3.77
Gross margin
44.1%
Operating margin
18.9%
Net margin
9.4%
FCF margin
ROE
net income / fiscal-year-end equity
P/E
31.5×
trailing when available, otherwise FY EPS
Market cap
$8.92B
Long-term debt / equity
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 Ryman Hospitality Properties

  • Revenue grew 10.2% to $2.6B in FY2025, in line with the 8.4% the year before.
  • Operating margin turned positive at 18.9% in FY2025, from a 6.2% operating loss in FY2021.
  • Most recent quarter Q2 FY2026: revenue $749M, up 13.6% from Q2 FY2025.
  • Net income fell 10.4% to $243M in FY2025.

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

Gross margin44.1%
35th percentile of 27
Operating margin18.9%
39th percentile of 81
Net margin9.4%
49th percentile of 156
Revenue growth (YoY)+10.2%
79th percentile of 161
P/E31.5×
60th percentile of 109
Short interest1.58d
11th percentile of 152

No reported insider transactions (codes P/S) in the last 90 days. For context, about 14% 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 2 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+2 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
3
1 trimmed, 2 exited
Combined position
$79.3M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$74.0M575.6KReduced
AQR Capital ManagementquantQ2 2026$4.0M31.1KAdded
First Eagle Investment ManagementQ2 2026$1.3M10.2KAdded

No longer held by: Citadel Advisors (as of Q2 2026), 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.

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
2.2M
settled 2026-08-14
Change vs prior
+11.7%
vs previous settlement
Days to cover
1.58
at avg daily volume
Avg daily volume
1.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-142.2M+11.7%1.58
2026-07-311.9M-5.0%3.90
2026-07-152.0M-21.2%3.69
2026-06-302.6M+85.1%2.89
2026-06-151.4M-18.9%2.76
2026-05-291.7M+5.6%3.05
2026-05-151.6M-11.3%2.21
2026-04-301.8M+6.8%2.90

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$2.58B$2.34B$2.16B$1.81B$939.4M
Gross profit$1.14B$1.01B$932.7M$768.3M$318.5M
Operating income$487.0M$490.8M$453.7M$327.1M$-58.7M
Net income$243.4M$271.6M$311.2M$134.9M$-194.8M
Diluted EPS$3.77$4.38$5.36$2.33$-3.21

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$471.4M$477.7M$591.8M$334.2M$140.7M
Current assets
Total assets$6.18B$5.22B$5.19B$4.04B$3.58B
Current liabilities
Long-term debt
Total liabilities$4.97B$4.28B$4.27B$3.63B$3.60B
Total equity$789.1M$552.6M$572.8M$95.9M$-22.4M

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$590.6M$576.5M$557.1M$419.9M$111.3M
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$749.0M13.6%$92.8M$1.42
Q1 FY2026$664.6M13.2%$70.5M$1.03
Q4 FY2025$737.8M13.9%$73.8M$1.10
Q3 FY2025$592.5M7.7%$34.9M$0.53
Q2 FY2025$659.5M7.5%$71.8M$1.12
Q1 FY2025$587.3M11.2%$63.0M$1.00
Q4 FY2024$647.6M2.3%$68.8M$1.08
Q3 FY2024$550.0M4.1%$59.0M$0.94

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 filing2017
SEC CIK1040829

Selected SEC filings

10-K2026-02-24
View on EDGAR →
10-Q2026-08-07
View on EDGAR →
10-Q2026-05-01
View on EDGAR →
8-K2026-08-25
View on EDGAR →
8-K2026-08-12
View on EDGAR →
8-K2026-08-10
View on EDGAR →
8-K2026-08-07
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.