Xenia Hotels & Resorts, Inc. (XHR) Balance Sheet
XHR balance sheet, 2025
December 31, 2025 · U.S. dollars$2.81B assets = $1.63B liabilities + $1.18B equity
Both columns are drawn to the same scale: what XHR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
XHR financial health
Descriptive bands, not a rating. Fiscal 2025.
XHR balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.86B2016 | $2.81B2025 | −0.2%/yr | |
| Total liabilities | $1.21B2016 | $1.63B2025 | +3.3%/yr | |
| Shareholders’ equity | $1.65B2016 | $1.13B2025 | −4.1%/yr | |
| Cash & short-term investments | $216.1M2016 | $140.4M2025 | −4.7%/yr | |
| Total debt | $1.08B2016 | $1.43B2025 | +3.2%/yr | |
| Net cash (debt) | −$861.1M2016 | −$1.29B2025 | −$429.0M | |
| Working capital | $208.2M2016 | $143.0M2025 | −$65.2M | |
| Book value per share | $15.272016 | $11.672025 | −2.9%/yr | |
| Current ratio | 3.042016 | 2.342025 | −0.71 | |
| Debt / equity | 0.652016 | 1.262025 | +0.61 | |
| Shares outstanding | 108.1M2016 | 97.2M2025 | −1.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
XHR assets
XHR liabilities and equity
XHR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
XHR balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $140.4M | $78.2M | $164.7M | $305.1M | $517.4M | $389.8M | $110.8M | $91.4M | $71.9M | $216.1M |
| Cash & equivalents | $140.4M | $78.2M | $164.7M | $305.1M | $517.4M | $389.8M | $110.8M | $91.4M | $71.9M | $216.1M |
| Short-term investments | — | — | $2.5M | $2.60B | $2.40B | — | $13,000 | $13.0M | $58.5M | $71.0M |
| Receivables | $26.9M | $25.8M | $32.4M | $37.6M | $28.5M | $9.0M | $36.5M | $34.8M | $35.9M | $23.0M |
| Inventory | $0 | $0 | −$2.5M | $1 | $1 | $476.7M | −$13,000 | −$13.0M | $58.5M | −$5.1M |
| Other current assets | $82.7M | $65.4M | $60.9M | $60.8M | $71.5M | $0 | $84.1M | $83.2M | $152.7M | $76.1M |
| Total current assets | $250.0M | $169.3M | $255.5M | $403.5M | $617.4M | $437.8M | $231.5M | $196.4M | $318.9M | $310.0M |
| Property, plant & equipment (net) | $0 | $0 | $17.8M | $18.7M | $19.6M | $22.6M | $46.2M | $2.88B | $2.69B | $2.44B |
| Goodwill & intangible assets | $9.7M | $4.9M | $4.9M | $5.1M | $5.4M | $6.5M | $53.9M | $61.5M | $107.8M | $119.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.55B | $2.66B | $2.62B | $2.65B | $2.44B | $2.61B | $2.93B | $37.0M | $0 | $0 |
| Total assets | $2.81B | $2.83B | $2.90B | $3.08B | $3.09B | $3.08B | $3.26B | $3.17B | $3.12B | $2.86B |
| Liabilities | ||||||||||
| Accounts payable | $93.5M | $102.9M | $102.4M | $107.1M | $84.1M | $62.7M | $88.2M | $85.0M | $77.0M | $72.0M |
| Short-term debt | $0 | $4.4M | $3.4M | $5.5M | $4.7M | $4.7M | $4.4M | $3.6M | $1.32B | $1.08B |
| Deferred revenue | — | — | — | −$5.5M | −$88.7M | −$4.7M | −$4.4M | −$1.15B | −$1.32B | −$1.07B |
| Total current liabilities | $107.1M | $115.5M | $113.2M | $118.6M | $86.4M | $62.9M | $120.0M | $116.5M | $106.9M | $101.8M |
| Long-term debt | $1.43B | $1.33B | $1.39B | $1.43B | $1.49B | $1.37B | $1.29B | $1.16B | $1.32B | $1.08B |
| Lease obligations | $7.6M | $2.0M | — | — | — | — | — | — | — | — |
| Other long-term liabilities | $87.6M | $101.1M | $76.6M | $72.4M | $68.6M | $75.4M | $74.8M | $45.8M | $40.7M | $29.8M |
| Total liabilities | $1.63B | $1.55B | $1.58B | $1.62B | $1.65B | $1.51B | $1.49B | $1.32B | $1.47B | $1.21B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $922,000 | $1.0M | $1.0M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.93B | $1.93B |
| Retained earnings (deficit) | −$670.4M | −$679.8M | −$647.2M | −$623.2M | −$656.5M | −$513.0M | −$318.4M | −$249.7M | −$321.0M | −$302.0M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $86,000 | $925,000 | $2.4M | −$623.2M | −$4.1M | −$14.4M | −$4.6M | $12.7M | $10.7M | $5.0M |
| Minority interest | $49.3M | $37.2M | $26.5M | $18.8M | $7.1M | $12.8M | $36.1M | $28.8M | $30.2M | $22.0M |
| Total shareholders' equity | $1.13B | $1.24B | $1.29B | $1.46B | $1.44B | $1.57B | $1.78B | $1.82B | $1.65B | $1.65B |
| Key figures | ||||||||||
| Total debt | $1.43B | $1.33B | $1.39B | $1.43B | $1.50B | $1.38B | $1.30B | $1.16B | $1.32B | $1.08B |
| Net cash (debt) | −$1.29B | −$1.26B | −$1.23B | −$1.13B | −$981.5M | −$989.4M | −$1.19B | −$1.06B | −$1.25B | −$861.1M |
| Working capital | $143.0M | $53.9M | $142.3M | $284.9M | $531.0M | $374.9M | $111.5M | $79.9M | $212.0M | $208.2M |
| Tangible book value | $1.12B | $1.24B | $1.29B | $1.45B | $1.43B | $1.56B | $1.72B | $1.76B | $1.54B | $1.53B |
| Book value per share | $11.67 | $12.15 | $11.91 | $12.76 | $12.64 | $13.81 | $15.72 | $16.52 | $15.37 | $15.27 |
| Shares outstanding | 97.2M | 102.3M | 108.4M | 114.4M | 113.8M | 113.5M | 112.9M | 110.4M | 107.0M | 108.1M |
| Current ratio | 2.34 | 1.47 | 2.26 | 3.40 | 7.15 | 6.96 | 1.93 | 1.69 | 2.98 | 3.04 |
| Quick ratio | 1.56 | 0.90 | 1.74 | 2.89 | 6.32 | 6.34 | 1.23 | 1.08 | 1.01 | 2.35 |
| Debt / equity | 1.26 | 1.07 | 1.08 | 0.98 | 1.04 | 0.88 | 0.73 | 0.63 | 0.80 | 0.65 |
| Equity / assets | 40.4% | 43.9% | 44.5% | 47.4% | 46.6% | 50.9% | 54.4% | 57.5% | 52.8% | 57.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $112.4M | $101.1M | $140.4M | $188.2M | $172.6M | $112.6M | $78.2M | $161.5M | $143.6M | $140.1M | $164.7M | $219.2M |
| Cash & equivalents | $112.4M | $101.1M | $140.4M | $188.2M | $172.6M | $112.6M | $78.2M | $161.5M | $143.6M | $140.1M | $164.7M | $219.2M |
| Short-term investments | — | — | — | — | — | — | — | — | $3.2M | $3.7M | $2.5M | $6.0M |
| Receivables | $36.5M | $46.4M | $26.9M | $30.4M | $35.6M | $34.1M | $25.8M | $32.0M | $34.7M | $41.3M | $32.4M | $39.2M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$3.2M | −$3.7M | −$2.5M | −$6.0M |
| Other current assets | $83.7M | $0 | $82.7M | $80.7M | $0 | $0 | $65.4M | $63.2M | $92.7M | $60.5M | $60.9M | $63.0M |
| Total current assets | $232.6M | $147.5M | $250.0M | $299.3M | $208.2M | $146.6M | $169.3M | $256.6M | $267.8M | $238.3M | $255.5M | $315.3M |
| Property, plant & equipment (net) | $2.42B | $0 | $0 | $0 | $0 | $0 | $2.61B | $0 | $2.59B | $17.6M | $17.8M | $18.0M |
| Goodwill & intangible assets | $4.8M | $4.8M | $9.7M | $4.9M | $4.9M | $4.9M | $4.9M | $4.9M | $4.9M | $4.9M | $4.9M | $4.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $66.0M | $2.62B | $2.55B | $2.56B | $2.66B | $2.74B | $49.8M | $2.64B | $45.2M | $2.64B | $2.62B | $2.62B |
| Total assets | $2.72B | $2.77B | $2.81B | $2.87B | $2.88B | $2.89B | $2.83B | $2.90B | $2.91B | $2.90B | $2.90B | $2.96B |
| Liabilities | ||||||||||||
| Accounts payable | $94.3M | $110.0M | $93.5M | $119.2M | $96.7M | $111.0M | $102.9M | $116.6M | $106.0M | $106.5M | $102.4M | $107.4M |
| Short-term debt | $12.0M | $4.1M | $0 | $0 | $2.3M | $4.7M | $4.4M | $853,000 | $1.7M | $2.5M | $3.4M | $815,000 |
| Deferred revenue | — | — | — | — | — | — | — | — | $10.9M | −$2.5M | — | −$815,000 |
| Total current liabilities | $109.3M | $4.1M | $107.1M | $133.2M | $110.7M | $133.4M | $115.5M | $129.2M | $119.7M | $119.0M | $113.2M | $118.2M |
| Long-term debt | $1.36B | $1.36B | $1.43B | $1.42B | $1.42B | $1.42B | $1.33B | $1.39B | $1.40B | $1.40B | $1.39B | $1.39B |
| Lease obligations | $7.6M | $7.6M | $7.6M | — | — | — | $2.0M | — | — | — | — | — |
| Other long-term liabilities | $85.7M | $212.7M | $87.6M | $88.4M | $81.1M | $87.2M | $101.1M | $82.3M | $71.8M | $75.7M | $76.6M | $78.9M |
| Total liabilities | $1.55B | $1.58B | $1.63B | $1.64B | $1.61B | $1.64B | $1.55B | $1.61B | $1.59B | $1.59B | $1.58B | $1.59B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $923,000 | $923,000 | $922,000 | $948,000 | $958,000 | $987,000 | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.1M |
| Retained earnings (deficit) | −$696.0M | −$663.7M | −$670.4M | −$663.6M | −$636.5M | −$678.2M | −$679.8M | −$667.0M | −$647.7M | −$650.7M | −$647.2M | −$644.3M |
| Accumulated other comprehensive income | $118,000 | $144,000 | $86,000 | $179,000 | $274,000 | $432,000 | $925,000 | $665,000 | $3.1M | $3.5M | $2.4M | $5.8M |
| Minority interest | $54.6M | $52.5M | $49.3M | $47.3M | $45.8M | — | — | — | — | — | — | — |
| Total shareholders' equity | $1.11B | $1.14B | $1.13B | $1.18B | $1.22B | $1.21B | $1.24B | $1.26B | $1.29B | $1.28B | $1.29B | $1.34B |
| Key figures | ||||||||||||
| Total debt | $1.37B | $1.37B | $1.43B | $1.42B | $1.42B | $1.42B | $1.33B | $1.41B | $1.41B | $1.41B | $1.39B | $1.40B |
| Net cash (debt) | −$1.25B | −$1.27B | −$1.29B | −$1.23B | −$1.25B | −$1.31B | −$1.26B | −$1.25B | −$1.27B | −$1.27B | −$1.23B | −$1.18B |
| Working capital | $123.3M | $143.4M | $143.0M | $166.1M | $97.5M | $13.2M | $53.9M | $127.4M | $148.1M | $119.2M | $142.3M | $197.1M |
| Tangible book value | $1.11B | $1.14B | $1.12B | $1.17B | $1.21B | $1.20B | $1.24B | $1.26B | $1.28B | $1.28B | $1.29B | $1.34B |
| Book value per share | $11.97 | $12.31 | $12.08 | $12.37 | $11.97 | $11.91 | $12.24 | $12.39 | $12.56 | $12.53 | $12.30 | $12.55 |
| Shares outstanding | 92.7M | 92.7M | 93.9M | 95.2M | 101.6M | 101.6M | 101.6M | 101.9M | 102.3M | 102.4M | 105.0M | 107.0M |
| Current ratio | 2.13 | 35.98 | 2.34 | 2.25 | 1.88 | 1.10 | 1.47 | 1.99 | 2.24 | 2.00 | 2.26 | 2.67 |
| Quick ratio | 1.36 | 35.98 | 1.56 | 1.64 | 1.88 | 1.10 | 0.90 | 1.50 | 1.49 | 1.52 | 1.74 | 2.19 |
| Debt / equity | 1.23 | 1.20 | 1.26 | 1.21 | 1.17 | 1.18 | 1.07 | 1.12 | 1.10 | 1.10 | 1.08 | 1.04 |
| Equity / assets | 40.8% | 41.2% | 40.4% | 41.0% | 42.3% | 41.9% | 43.9% | 43.5% | 44.2% | 44.2% | 44.5% | 45.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 24, 2026); data from EODHD.
XHR financial position
At the end of fiscal 2025 (December 31, 2025), Xenia Hotels & Resorts had total assets of $2.8 billion (down 0.8% from a year earlier), total liabilities of $1.6 billion and shareholders' equity of $1.1 billion. It held $140.4 million in cash and short-term investments against $1.4 billion of debt, net debt of $1.3 billion. Its current ratio was 2.34. In the latest quarter (ended June 30, 2026) total assets were $2.7 billion and equity $1.1 billion.
Related: XHR income statement, XHR cash flow statement, XHR key metrics. See the XHR stock overview for the latest quote and news.
XHR balance sheet FAQ
What are Xenia Hotels & Resorts's total assets?
Xenia Hotels & Resorts reported total assets of $2.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.8 billion a year earlier.
How much debt does Xenia Hotels & Resorts have?
Xenia Hotels & Resorts had $1.4 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.26.
How much cash does Xenia Hotels & Resorts have?
Xenia Hotels & Resorts held $140.4 million in cash and short-term investments at the end of fiscal 2025; with $1.4 billion of debt that is net debt of $1.3 billion.
What is Xenia Hotels & Resorts's book value?
Xenia Hotels & Resorts's shareholders' equity (book value) was $1.1 billion at the end of fiscal 2025, or $11.67 per share.
What is Xenia Hotels & Resorts's current ratio?
Xenia Hotels & Resorts had current assets of $250.0 million and current liabilities of $107.1 million, a current ratio of 2.34 (it can cover its short-term obligations).
How much goodwill does Xenia Hotels & Resorts have?
Xenia Hotels & Resorts carried $9.7 million of goodwill and intangible assets, 0.3% of total assets, at the end of fiscal 2025.