Xenia Hotels & Resorts, Inc. (XHR) Key Metrics
XHR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.87B
- Enterprise value
- $2.90B
- P/E (TTM)
- — 10-yr median 25.7
- Forward P/E
- 63.3
- PEG ratio
- —
- Price / sales
- 1.7 10-yr median 2.0
- Price / book
- 1.5 10-yr median 1.2
- EV / EBITDA
- 14.0 10-yr median 11.8
- Dividend yield
- 2.76% $0.56 a year
- Beta
- 1.20
XHR key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsXHR valuation Price multiples at each fiscal year-end price.
XHR returns How much profit the business earns on the capital it uses.
XHR per-share figures Results divided by the shares outstanding at year-end.
XHR financial health Debt, liquidity and how easily interest is covered.
XHR efficiency & capital use Working capital cycle and where the cash goes.
XHR valuation history
XHR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
XHR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
XHR cash returned to shareholders
XHR price vs earnings per share
XHR key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.37B | $1.52B | $1.48B | $1.51B | $2.06B | $1.73B | $2.44B | $1.90B | $2.31B | $2.10B |
| Enterprise value | $2.66B | $2.78B | $2.71B | $2.64B | $3.04B | $2.71B | $3.63B | $2.96B | $3.56B | $2.96B |
| P/E ratio | 21.8 | 94.1 | 77.1 | 27.0 | — | — | 44.0 | 9.8 | 23.4 | 24.5 |
| Price / sales | 1.3 | 1.5 | 1.4 | 1.5 | 3.3 | 4.7 | 2.1 | 1.8 | 2.4 | 2.2 |
| Price / book | 1.2 | 1.2 | 1.1 | 1.0 | 1.4 | 1.1 | 1.4 | 1.0 | 1.4 | 1.3 |
| Price / free cash flow | 15.3 | 65.6 | 19.1 | 12.9 | 230.4 | — | 15.9 | 13.0 | 18.3 | 12.6 |
| Price / operating cash flow | 7.8 | 9.3 | 7.5 | 8.1 | 50.6 | — | 9.9 | 7.5 | 10.9 | 9.3 |
| EV / sales | 2.5 | 2.7 | 2.6 | 2.6 | 4.9 | 7.3 | 3.2 | 2.8 | 3.8 | 3.1 |
| EV / EBITDA | 9.3 | 12.5 | 11.8 | 9.6 | 47.8 | — | 13.8 | 10.4 | 13.9 | 11.2 |
| EV / free cash flow | 29.6 | 119.8 | 35.1 | 22.6 | 340.2 | — | 23.6 | 20.3 | 28.2 | 17.8 |
| Earnings yield | 4.6% | 1.1% | 1.3% | 3.7% | −7.0% | −9.5% | 2.3% | 10.2% | 4.3% | 4.1% |
| Free cash flow yield | 6.5% | 1.5% | 5.2% | 7.7% | 0.4% | −8.5% | 6.3% | 7.7% | 5.5% | 7.9% |
| Dividend yield | 3.9% | 3.2% | 3.0% | 0.8% | 0.0% | 3.7% | 5.2% | 6.4% | 5.1% | 5.5% |
| Shareholder yield (dividends + buybacks) | 12.7% | 4.2% | 12.0% | 2.6% | 0.2% | 4.3% | 5.6% | 6.5% | 5.3% | 9.0% |
| Share price at fiscal year-end | $14.14 | $14.86 | $13.62 | $13.18 | $18.11 | $15.20 | $21.61 | $17.20 | $21.59 | $19.42 |
| Per share | ||||||||||
| Revenue per share | $11.10 | $10.16 | $9.46 | $8.72 | $5.41 | $3.26 | $10.18 | $9.59 | $8.83 | $8.79 |
| Earnings per share | $0.65 | $0.16 | $0.18 | $0.49 | −$1.26 | −$1.44 | $0.49 | $1.75 | $0.92 | $0.79 |
| Operating cash flow per share | $1.82 | $1.60 | $1.83 | $1.64 | $0.36 | −$0.68 | $2.18 | $2.30 | $1.99 | $2.09 |
| Free cash flow per share | $0.93 | $0.23 | $0.71 | $1.02 | $0.08 | −$1.29 | $1.36 | $1.32 | $1.18 | $1.54 |
| Cash per share | $1.45 | $0.76 | $1.52 | $2.67 | $4.55 | $3.43 | $0.98 | $0.83 | $0.67 | $2.00 |
| Book value per share | $11.67 | $12.15 | $11.91 | $12.76 | $12.64 | $13.81 | $15.72 | $16.52 | $15.37 | $15.27 |
| Tangible book value per share | $11.57 | $12.11 | $11.86 | $12.72 | $12.59 | $13.75 | $15.24 | $15.97 | $14.36 | $14.17 |
| Dividends per share | $0.56 | $0.47 | $0.41 | $0.10 | $0.00 | $0.56 | $1.11 | $1.10 | $1.11 | $1.06 |
| Capex per share | $0.89 | $1.37 | $1.12 | $0.62 | $0.28 | $0.61 | $0.82 | $0.98 | $0.81 | $0.54 |
| Debt per share | $14.72 | $13.05 | $12.87 | $12.54 | $13.17 | $12.15 | $11.49 | $10.46 | $12.36 | $9.96 |
| Shares outstanding | 97.2M | 102.3M | 108.4M | 114.4M | 113.8M | 113.5M | 112.9M | 110.4M | 107.0M | 108.1M |
| Change in shares outstanding | −5.0% | −5.7% | −5.2% | +0.5% | +0.3% | +0.5% | +2.3% | +3.1% | −1.0% | −3.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 5.3% | 1.3% | 1.4% | 3.9% | −9.6% | −9.8% | 3.1% | 11.2% | 6.0% | 5.1% |
| Return on invested capital (ROIC) | 4.3% | 3.5% | 3.6% | 4.3% | −1.9% | −6.9% | 3.5% | 4.4% | 3.6% | 3.3% |
| Return on assets (ROA) | 2.2% | 0.6% | 0.6% | 1.8% | −4.7% | −5.2% | 1.7% | 6.2% | 3.3% | 2.9% |
| Return on tangible assets | 2.3% | 0.6% | 0.7% | 1.8% | −4.7% | −5.3% | 1.7% | 6.2% | 3.3% | 3.1% |
| Free cash flow margin | 8.3% | 2.2% | 7.5% | 11.7% | 1.5% | −39.7% | 13.4% | 13.8% | 13.4% | 17.6% |
| Income quality (OCF / net income) | 2.80 | 10.14 | 10.35 | 3.35 | — | — | 4.45 | 1.31 | 2.15 | 2.63 |
| Financial health | ||||||||||
| Total debt | $1.43B | $1.33B | $1.39B | $1.43B | $1.50B | $1.38B | $1.30B | $1.16B | $1.32B | $1.08B |
| Cash & short-term investments | $140.4M | $78.2M | $164.7M | $305.1M | $517.4M | $389.8M | $110.8M | $91.4M | $71.9M | $216.1M |
| Net debt | $1.29B | $1.26B | $1.23B | $1.13B | $981.5M | $989.4M | $1.19B | $1.06B | $1.25B | $861.1M |
| Debt / equity | 1.26 | 1.07 | 1.08 | 0.98 | 1.04 | 0.88 | 0.73 | 0.63 | 0.80 | 0.65 |
| Debt / assets | 0.51 | 0.47 | 0.48 | 0.47 | 0.49 | 0.45 | 0.40 | 0.36 | 0.42 | 0.38 |
| Net debt / EBITDA | 4.53 | 5.64 | 5.36 | 4.11 | 15.41 | — | 4.50 | 3.72 | 4.88 | 3.26 |
| Current ratio | 2.34 | 1.47 | 2.26 | 3.40 | 7.15 | 6.96 | 1.93 | 1.69 | 2.98 | 3.04 |
| Quick ratio | 2.34 | 1.47 | 2.28 | 3.40 | 7.15 | −0.62 | 1.93 | 1.80 | 2.44 | 3.09 |
| Interest coverage | 1.2 | 1.1 | 1.1 | 1.3 | -0.7 | -3.9 | 2.3 | 2.6 | 2.2 | 2.3 |
| Working capital | $143.0M | $53.9M | $142.3M | $284.9M | $531.0M | $374.9M | $111.5M | $79.9M | $212.0M | $208.2M |
| Invested capital | $2.42B | $2.50B | $2.52B | $2.59B | $2.42B | $2.56B | $2.96B | $2.89B | $2.90B | $2.51B |
| Tangible asset value | $1.17B | $1.28B | $1.31B | $1.45B | $1.43B | $1.56B | $1.72B | $1.79B | $1.54B | $1.53B |
| Net current asset value | −$1.38B | −$1.38B | −$1.33B | −$1.22B | −$1.03B | −$1.07B | −$1.26B | −$1.12B | −$1.15B | −$898.8M |
| Graham number | $13.06 | $6.57 | $6.88 | $11.85 | — | — | $13.17 | $25.54 | $17.87 | $16.52 |
| Graham net-net per share | −$15.07 | −$14.21 | −$12.89 | −$11.25 | −$9.76 | −$7.73 | −$11.95 | −$10.93 | −$12.54 | −$9.04 |
| Capital allocation | ||||||||||
| Dividends paid | $54.2M | $47.9M | $44.6M | $11.7M | $54,000 | $63.2M | $125.9M | $121.7M | $118.4M | $115.1M |
| Share buybacks (net) | $120.7M | $16.5M | $132.7M | $28.2M | $4.1M | $10.9M | $10.9M | $837,000 | $4.1M | $74.0M |
| Dividend payout ratio | 85.9% | 296.8% | 233.1% | 20.9% | — | — | 227.2% | 62.9% | 119.8% | 134.1% |
| Dividends + buybacks / free cash flow | 194.5% | 278.1% | 229.8% | 34.2% | 46.3% | — | 89.1% | 84.0% | 96.9% | 113.4% |
| Capex / revenue | 8.0% | 13.5% | 11.8% | 7.1% | 5.2% | 18.7% | 8.1% | 10.2% | 9.1% | 6.2% |
| Capex / operating cash flow | 49.1% | 85.9% | 61.0% | 37.6% | 78.1% | — | 37.7% | 42.6% | 40.6% | 26.1% |
| Capex / depreciation | 0.66 | 1.09 | 0.92 | 0.53 | 0.25 | 0.48 | 0.61 | 0.68 | 0.56 | 0.38 |
| Stock-based compensation / revenue | 1.2% | 1.3% | 1.3% | 1.1% | 1.9% | 3.0% | 0.8% | 0.9% | 1.1% | 0.9% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 3.4% | 3.5% | 3.6% | 3.4% | 5.0% | 8.2% | 2.7% | 2.9% | 3.3% | 3.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 8.9 | 10.2 | 12.5 | 12.1 | 11.1 | 22.5 | 11.3 | 12.2 | 11.4 | 9.1 |
| Days of inventory on hand | — | — | -0.6 | 0.0 | 178.2 | 215.1 | -2.9 | 11.2 | 14.9 | 20.4 |
| Days payables outstanding | 33.7 | 47.6 | 50.5 | 48.5 | 54.9 | 68.1 | 38.2 | 39.8 | 41.6 | 44.7 |
| Cash conversion cycle (days) | -24.8 | -37.4 | -38.6 | -36.4 | 134.5 | 169.5 | -29.7 | -16.4 | -15.3 | -15.1 |
| Receivables turnover | 40.93 | 35.71 | 29.30 | 30.19 | 32.87 | 16.25 | 32.21 | 29.95 | 32.12 | 40.12 |
| Payables turnover | 10.82 | 7.66 | 7.23 | 7.53 | 6.65 | 5.36 | 9.56 | 9.17 | 8.78 | 8.17 |
| Inventory turnover | — | — | — | 719,456,000.00 | 2.05 | 1.70 | — | — | 24.48 | — |
| Asset turnover | 0.38 | 0.36 | 0.34 | 0.32 | 0.20 | 0.12 | 0.36 | 0.34 | 0.32 | 0.32 |
| Average receivables | $26.3M | $29.1M | $35.0M | $33.0M | $18.7M | $22.8M | $35.7M | $35.3M | $29.4M | $23.7M |
| Average payables | $98.2M | $102.6M | $104.7M | $95.6M | $73.4M | $75.4M | $86.6M | $81.0M | $74.5M | $78.9M |
| Average inventory | — | — | −$1.3M | $1 | $238.4M | $238.4M | −$6.5M | $22.8M | $26.7M | $36.1M |
| Intangibles / total assets | 0.3% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 1.7% | 1.9% | 3.5% | 4.2% |
Computed from XHR's annual financial statements (latest annual report filed February 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
XHR valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Xenia Hotels & Resorts traded at 21.8 times earnings, against a 10-year median of 25.7. Xenia Hotels & Resorts earned a return on equity of 5.3% and a return on invested capital of 4.3% in fiscal 2025. It ended the year with $1.4 billion of debt and $140.4 million in cash and short-term investments, net debt of $1.3 billion. It returned $174.9 million to shareholders: $54.2 million in dividends and $120.7 million in share buybacks, 195% of free cash flow. The share count fell 10.2% from 108.1M to 97.2M over 9 years.
See the XHR income statement, the XHR chart for price history, or the XHR stock overview for the latest quote and news.
XHR key metrics FAQ
What is Xenia Hotels & Resorts's P/E ratio?
Xenia Hotels & Resorts traded at 21.8 times earnings at the end of fiscal 2025.
What is Xenia Hotels & Resorts's EV/EBITDA?
Xenia Hotels & Resorts's enterprise value was 9.3 times EBITDA at the end of fiscal 2025 (enterprise value $2.7 billion, EBITDA $285.0 million); the current EV/EBITDA is 14.0.
What is Xenia Hotels & Resorts's return on equity?
Xenia Hotels & Resorts's return on equity (ROE) was 5.3% in fiscal 2025: net income of $63.1 million on average shareholders' equity of $1.2 billion.
What is Xenia Hotels & Resorts's ROIC?
Xenia Hotels & Resorts's return on invested capital was 4.3% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Xenia Hotels & Resorts have?
Xenia Hotels & Resorts had total debt of $1.4 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.26 and $1.3 billion of net debt (4.53 times EBITDA).
What is Xenia Hotels & Resorts's dividend yield?
Xenia Hotels & Resorts's forward dividend yield is 2.76%. Xenia Hotels & Resorts paid $54.2 million in dividends in fiscal 2025 ($0.56 per share), a payout ratio of 85.9%.
Does Xenia Hotels & Resorts buy back its shares?
Yes. Xenia Hotels & Resorts spent $120.7 million on net share repurchases in fiscal 2025 Shares outstanding changed −5.0% over the year, to 97.2M..
What is Xenia Hotels & Resorts's free cash flow yield?
Xenia Hotels & Resorts generated $89.9 million of free cash flow in fiscal 2025, a free cash flow yield of 6.5% on its market value at year-end ($1.4 billion).
What is Xenia Hotels & Resorts's current ratio?
Xenia Hotels & Resorts's current ratio was 2.34 at the end of fiscal 2025: current assets were 2.34 times current liabilities.