Ryman Hospitality Properties, Inc. (RHP)

Ryman Hospitality Properties, Inc. is a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and entertainment experiences. The Company's holdings include Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space. The Company also owns the Grande Lakes Orlando Resort, the JW Marriott Phoenix Desert Ridge Resort & Spa and the JW Marriott San Antonio Hill Country Resort & Spa as well as two ancillary hotels adjacent to the Company's Gaylord Hotels properties. The Company's hotel portfolio is managed by Marriott International and includes a combined total of 13,956 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. RHP also owns an approximate 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning a growing collection of iconic and emerging country music brands, including the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, Category 10, Nashville-area attractions, and Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at the Moody Theater, located in downtown Austin, Texas. OEG manages select outdoor live music venues, including Ascend Federal Credit Union Amphitheater in Nashville and CCNB Amphitheatre in Simpsonville, South Carolina. OEG also owns a majority interest in Southern Entertainment, a leading festival and events business. RHP operates OEG as its Entertainment segment in a taxable REIT subsidiary, and its results are consolidated in the Company's financial results. Ryman Hospitality Properties, Inc. was established in 1991 and was incorporated in Delaware.

Ticker
RHP
Exchange
NYSE
Sector
Real Estate
Industry
REIT - Hotel & Motel
Market cap
$9.11B
52-week range
$89.60 - $137.46

Valuation

Share price
$132.05 (close of Nov 6, 2026)
P/E (TTM)
30.22x
Price to book
6.44x
Price to free cash flow
43.12x
Enterprise value
$13.58B
Book value per share
$20.51

Price performance

PeriodChange
1 day+0.29%
5 days-0.85%
1 month+9.21%
3 months+6.29%
6 months+19.02%
Year to date+39.56%
1 year+44.19%
3 years+45.86%
5 years+38.68%
10 years+156.91%
All time+1,042.05%

Short interest

As of
Oct 15, 2026
Short % of float
6.30%
Shares short
3.03M
Days to cover
6.06
Change since prior report
-10.52%
Source
FINRA consolidated short interest

Members of Congress who disclosed RHP trades

Lisa McClain · Gilbert Ray Cisneros · Marjorie Taylor Greene

Super investors holding RHP

First Eagle Investment (First Eagle Investment Management, LLC)

Profitability and growth

Return on equity
30.85%
Return on assets
3.94%
Net margin
9.45%
Revenue growth
10.17%
Net income growth
-10.39%
Free cash flow growth
37.84%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.32%
Net debt to EBITDA
5.16x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$2.58B
Net income
$243.43M
Earnings per share
$3.94
Interest expense
$241.27M
Shares outstanding
61.83M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$2.58B$243.43M$3.94
2024-12-31$2.34B$271.64M$4.54
2023-12-31$2.16B$311.22M$5.39
2022-12-31$1.81B$134.95M$2.34
2021-12-31$939.37M-$194.80M-$3.21
2020-12-31$524.48M-$460.82M-$7.59
2019-12-31$1.60B$128.29M$2.82
2018-12-31$1.28B$264.67M$5.16
2017-12-31$1.18B$176.10M$3.44
2016-12-31$1.15B$159.37M$3.12

Margins and returns by year

Period endNet marginReturn on equity
2025-12-319.45%30.85%
2024-12-3111.61%49.15%
2023-12-3114.42%54.33%
2022-12-317.47%140.72%
2021-12-31-20.74%-
2020-12-31-87.86%-209.64%
2019-12-318.00%19.90%
2018-12-3120.76%56.36%
2017-12-3114.86%46.57%
2016-12-3113.87%43.31%

Cash and debt by year

Period endCashDebt
2025-12-31$471.42M$3.98B
2024-12-31$477.69M$3.38B
2023-12-31$591.83M$3.38B
2022-12-31$334.19M$2.86B
2021-12-31$140.69M$2.94B
2020-12-31$56.70M$2.66B
2019-12-31$362.43M$2.56B
2018-12-31$103.44M$2.44B
2017-12-31$57.56M$1.62B
2016-12-31$59.13M$1.52B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$232.39M$14.06M
2024-12-31$168.60M$13.89M
2023-12-31$350.28M$15.42M
2022-12-31$330.41M$14.98M
2021-12-31$33.83M$12.10M
2020-12-31-$326.99M$8.73M
2019-12-31$202.15M$7.83M
2018-12-31$133.70M$7.66M
2017-12-31$113.27M$6.64M
2016-12-31$175.62M$6.13M

Dividend history

Most recent payment
Sep 30, 2026
Paid in the last twelve months
$4.80
Payment dateDividend per share
2026-09-30$1.20
2026-06-30$1.20
2026-03-31$1.20
2025-12-31$1.20
2025-09-30$1.15
2025-06-30$1.15
2025-03-31$1.15
2024-12-31$1.15

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-11-02Sep 2026$1.62
2026-08-06Jun 2026$2.56
2026-04-30Mar 2026$2.03
2026-02-23Dec 2025$2.22
2025-11-03Sep 2025$1.59
2025-08-04Jun 2025$2.31
2025-05-01Mar 2025$1.79
2025-02-20Dec 2024$2.20

Filings and sources

Company website
rymanhp.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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