RHP Financials Ryman Hospitality Properties, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Nov 5, 2026, 11:23 UTC Overview →

Growth & profitability

Revenue has grown 37.5% per year over the past 5 years.
Net income has grown slower than revenue (-11.6% vs 37.5% per year).
Operating margin has expanded, at 18.9% in the latest year.
Free cash flow has grown 65.0% per year over the past 5 years.

Financial health

Total debt has grown slower than revenue (8.9% vs 37.5% per year).
Operating income covered interest expense 2.0× in the latest year.

Shareholder returns

Dividends have been paid for 14 consecutive years, consuming 117.3% of earnings.
The dividend has grown 22.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.6B	$243M	44.1%	18.9%	32.5%	3.9%	—	—	$471M
2024	$2.3B	$272M	43.4%	21.0%	49.5%	5.2%	—	—	$478M
2023	$2.2B	$311M	43.2%	21.0%	54.7%	6.0%	—	—	$592M
2022	$1.8B	—	42.5%	18.1%	0.0%	0.0%	—	—	$334M
2021	$939M	—	33.9%	-6.2%	0.0%	0.0%	—	—	$141M
2020	$524M	—	9.8%	-57.9%	0.0%	0.0%	—	—	$57M
2019	$1.6B	—	40.3%	16.7%	0.0%	0.0%	—	—	$362M
2018	$1.3B	$265M	39.5%	16.8%	56.4%	6.9%	—	—	$103M
2017	$1.2B	$176M	38.1%	15.7%	46.6%	7.0%	—	$1.6B	$58M
2016	$1.1B	$159M	37.1%	18.7%	43.3%	6.6%	—	$1.5B	$59M
2015	—	$112M	—	—	29.4%	4.8%	$158M	$1.5B	$56M
2014	—	$126M	—	—	31.5%	5.3%	$194M	$1.3B	$76M
2013	—	$118M	—	—	15.6%	4.9%	$101M	$1.2B	$62M
2012	—	-$27M	—	—	-3.1%	-1.1%	$81M	$1.1B	$97M
2011	—	$10M	—	—	1.0%	0.4%	$21M	$1.1B	$44M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$656M	$40M	40.6%	14.4%	2.9%	0.5%	—	—	$348M
Jun '26	$749M	$93M	48.7%	23.3%	12.4%	1.5%	—	—	$366M
Mar '26	$665M	$70M	43.7%	20.7%	9.6%	1.1%	—	—	$424M
Dec '25	$738M	$74M	41.4%	19.4%	9.8%	1.2%	—	—	$471M
Sep '25	$592M	$35M	40.9%	15.0%	4.6%	0.6%	—	—	$483M
Jun '25	$660M	$72M	49.7%	21.1%	9.0%	1.2%	—	—	$421M
Mar '25	$587M	$63M	44.4%	19.8%	11.8%	1.2%	—	—	$414M
Dec '24	$648M	$69M	40.4%	18.6%	12.5%	1.3%	—	—	$478M
Sep '24	$550M	$59M	43.1%	19.3%	10.7%	1.1%	—	—	$535M
Jun '24	$613M	$101M	48.4%	27.4%	17.9%	2.0%	—	—	$498M
Mar '24	$528M	—	41.5%	18.2%	0.0%	0.0%	—	—	$465M
Dec '23	$633M	—	39.9%	19.6%	0.0%	0.0%	—	—	$592M
Sep '23	$529M	—	42.9%	19.3%	0.0%	0.0%	—	—	$543M
Jun '23	$505M	—	47.1%	24.2%	0.0%	0.0%	—	—	$508M
Mar '23	$492M	—	44.0%	21.5%	0.0%	0.0%	—	—	$319M
Dec '22	$569M	—	40.9%	20.4%	0.0%	0.0%	—	—	$334M
Sep '22	$468M	—	44.6%	20.7%	0.0%	0.0%	—	—	$225M
Jun '22	$470M	—	47.0%	22.5%	0.0%	0.0%	—	—	$179M
Mar '22	$299M	—	35.4%	2.6%	0.0%	0.0%	—	—	$128M
Dec '21	$377M	—	35.5%	6.9%	0.0%	0.0%	—	—	$141M

Valuation over time

How the market has priced RHP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 24.3× (Jan '24) to 38.6× (Nov '26).
The price-to-sales ratio has risen from 3.4× (Mar '23) to 3.6× (Nov '26).
The dividend yield has risen from 0.1% (Mar '23) to 3.0% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is RHP growing its revenue and profit?

Over the past 5 years, Ryman Hospitality Properties, Inc.'s revenue has grown 37.5% per year, and net income declined 11.6% per year. These are computed facts, not advice.

How much debt does RHP have?

As of FY2025, Ryman Hospitality Properties, Inc. reported — of total debt against $471M of cash; operating income covered interest expense 2.0×.

What is RHP's profit margin?

In FY2025, gross margin was 44.1%, operating margin 18.9%, and net margin 9.4%.

What is RHP's P/E ratio?

Ryman Hospitality Properties, Inc.'s P/E (TTM) is 33.90 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the RHP stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 38.6× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.