Hersha Hospitality Trust (HT) Revenue Growth

Price: $9.99
Market Cap: $482.85M
Avg Volume: 636.60K
Country: US
Industry: REIT - Hotel & Motel
Sector: Real Estate
Beta: 1.819
52W Range: $5.64-10.31
Website: Hersha Hospitality Trust

What is Hersha Hospitality Trust's Revenue Growth?

  • Hersha Hospitality Trust's annual revenue growth as of FY 2022 is 37.12%.
  • Hersha Hospitality Trust's quarterly revenue growth as of Q3 2023 is -5.96%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Hersha Hospitality Trust's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $405.87M
    • Quarterly: $91.98M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $272.21M
    • Quarterly: $37.10M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 24.10%
    • Quarterly Growth: -42.74%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $133.67M
    • Quarterly: $54.88M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 74.40%
    • Quarterly Growth: 66.19%

These metrics provide insights into Hersha Hospitality Trust's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

37.12%

Quarterly Revenue Growth

-5.96%

Historical Annual Revenue Growth
105.25%105.25%47.94%47.94%-9.36%-9.36%-66.67%-66.67%Revenue Growth (Annual)20142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Quarterly Revenue Growth
50.60%50.60%36.06%36.06%21.52%21.52%6.98%6.98%-7.56%-7.56%-22.10%-22.10%Revenue Growth (Quarterly)Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '23
Historical Annual Revenue
$600.00M$600.00M$500.00M$500.00M$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.00Revenue (Annual)20142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Quarterly Revenue
$160.00M$160.00M$120.00M$120.00M$80.00M$80.00M$40.00M$40.00M$0.00$0.00Revenue (Quarterly)201520152016201620172017201820182019201920202020202120212022202220232023
Historical Annual Cost of Revenue
$450.00M$450.00M$360.00M$360.00M$270.00M$270.00M$180.00M$180.00M$90.00M$90.00M$0.00$0.00Cost of Revenue (Annual)20142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Quarterly Cost of Revenue
$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.00Cost of Revenue (Quarterly)201520152016201620172017201820182019201920202020202120212022202220232023
Historical Annual Gross Profit
$200.00M$200.00M$150.00M$150.00M$100.00M$100.00M$50.00M$50.00M$0.00$0.00-$50.00M-$50.00MGross Profit (Annual)20142014201520152016201620172017201820182019201920202020202120212022202220232023
Historical Quarterly Gross Profit
$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.00-$20.00M-$20.00MGross Profit (Quarterly)201520152016201620172017201820182019201920202020202120212022202220232023

Hersha Hospitality Trust Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2022.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2022 $405.87M 37.12% $272.21M 24.10% $133.67M 74.40%
2021 $295.99M 67.55% $219.34M 18.25% $76.65M 968.51%
2020 $176.66M -66.67% $185.49M -48.56% $-8.82M -105.21%
2019 $529.96M 7.05% $360.62M 6.61% $169.34M 8.00%
2018 $495.06M -0.64% $338.27M 2.26% $156.79M -6.35%
2017 $498.24M 6.77% $330.81M 10.75% $167.43M -0.29%
2016 $466.63M -0.80% $298.71M 2.31% $167.92M -5.89%
2015 $470.38M 12.69% $291.97M 12.25% $178.42M 13.42%
2014 $417.41M 23.34% $260.10M 21.83% $157.31M 25.93%
2013 $338.41M -5.53% $213.50M -2.73% $124.91M -9.96%

Related Metrics

Explore detailed financial metrics and analysis for HT.