Braemar Hotel & Resorts Inc (BHR) — Capital Reinvestment Ratio

Latest as of March 2026: 0.55x

Braemar Hotel & Resorts Inc (BHR) has a Capital Reinvestment Ratio of 0.55x as of March 2026, meaning it reinvests 1% of its operating cash flow ($21.95 Million) in capital expenditures ($12.07 Million). Check Braemar Hotel & Resorts Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.55x
Capex / Operating Cash Flow

Operating Cash Flow

$21.95 Million
USD

Capital Expenditures

$12.07 Million
USD

Data as of

Mar 2026
Most recent filing

Braemar Hotel & Resorts Inc Capital Reinvestment Ratio (2011–2025)

This chart tracks Braemar Hotel & Resorts Inc's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Braemar Hotel & Resorts Inc.

Annual Capital Reinvestment Ratio for Braemar Hotel & Resorts Inc (2011–2025)

Year-by-year Capital Reinvestment Ratio for Braemar Hotel & Resorts Inc from 2011 to 2025. See BHR FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 1.91x $40.78 Million $77.90 Million ▲ +80.8%
2024 1.06x $66.82 Million $70.60 Million ▲ +119239.4%
2023 0.00x $84.71 Million $75.00K ▼ -100.0%
2022 3.69x $109.48 Million $403.59 Million ▲ +5065.3%
2021 0.07x $63.95 Million $4.56 Million ▼ -98.1%
2019 3.74x $66.26 Million $248.01 Million ▲ +34.3%
2018 2.79x $70.73 Million $197.19 Million ▲ +4.6%
2017 2.66x $70.61 Million $188.15 Million ▲ +156.5%
2016 1.04x $57.09 Million $59.31 Million ▼ -94.0%
2015 17.40x $9.39 Million $163.42 Million ▲ +394.3%
2014 3.52x $54.85 Million $193.15 Million ▲ +323.3%
2013 0.83x $34.09 Million $28.35 Million ▲ +94.0%
2012 0.43x $27.85 Million $11.94 Million ▼ -35.8%
2011 0.67x $15.39 Million $10.28 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow